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Sinclair Broadcast Group, Inc. (SBGI)

NASDAQ: SBGI · IEX Real-Time Price · USD
28.47 0.12 (0.42%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap2.16B
Revenue (ttm)6.17B
Net Income (ttm)-3.13B
Shares Out75.33M
EPS (ttm)-42.00
PE Ration/a
Forward PE19.92
Dividend$0.80 (2.81%)
Ex-Dividend DateAug 31, 2021
Volume363,050
Open28.20
Previous Close28.35
Day's Range27.88 - 28.74
52-Week Range16.31 - 39.11
Beta1.60
AnalystsHold
Price Target33.14 (+16.4%)
Est. Earnings DateNov 3, 2021

About SBGI

Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Broadcast and Local Sports. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programmi...

IndustryMedia
IPO DateJun 6, 1995
CEOChristopher Ripley
Employees11,600
Stock ExchangeNASDAQ
Ticker SymbolSBGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SBGI stock is "Hold." The 12-month stock price forecast is 33.14, which is an increase of 16.40% from the latest price.

Price Target
$33.14
(16.40% upside)
Analyst Consensus: Hold

News

Bally Sports Names Kendall Burgess Vice President of Technical Operations

LOS ANGELES--(BUSINESS WIRE)--Bally Sports, a division of Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today announced Kendall Burgess has been promoted to Vice President of Technical Operations for th...

2 days ago - Business Wire

Disabled American Veterans (DAV) and Sinclair Broadcast Group Launch Partnership Urging the Public to Support America...

ERLANGER, Ky. & BALTIMORE, Md.--(BUSINESS WIRE)--DAV (Disabled American Veterans) and Sinclair Broadcast Group announced today the launch of the “Sinclair Cares: Supporting All Veterans” partnership. Wi...

2 days ago - Business Wire

Hacking tool linked with Russian crime ring used in Sinclair ransomware attack, analysts say

The hacking tool used in a ransomware attack that disrupted programming at Sinclair Broadcast Group is similar to malicious code previously used by a Russian crime group sanctioned by the US government,...

2 days ago - CNN Business

Key Takeaways From Sinclair Broadcast's Ransomware Attack

Sinclair Broadcast Group Inc (NASDAQ: SBGI) detected and began investigating and taking steps to contain a potential security incident on October 16. On October 17, Sinclair detected that ransomware enc...

4 days ago - Benzinga

Controversial TV station owner Sinclair Broadcast Group struck by ransomware

The local TV chain, known for its conservative viewpoints, says its systems have been infected with ransomware. Sinclair Broadcast Group, which owns and operates local TV stations across the country, sa...

4 days ago - Fast Company

Sinclair Broadcast Group hit by ransomware attack

Sinclair Broadcast Group, one of the largest TV station operators in the US, said Monday that a ransomware incident had disrupted some of its office and operational networks.

5 days ago - CNN Business

U.S. TV station operator Sinclair hit by ransomware attack

U.S. TV station operator Sinclair Broadcast Group said on Monday it had found some of its servers and workstations had been encrypted with ransomware, disrupting office networks.

5 days ago - Reuters

Sinclair Broadcast Group Provides Information On Cybersecurity Incident

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group Provides Information On Cybersecurity Incident

5 days ago - Business Wire

A Bet on Sports Programming Gone Wrong

Sinclair spent $10 billion to acquire seemingly valuable regional sports networks from Disney, only to watch the market quickly shun the once-profitable business.

1 week ago - The Motley Fool

Sinclair Broadcast Group Wins 5 PromaxBDA Local Station Promotion and Marketing Awards

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group is pleased to announce two of its television stations, one station Sinclair operates and Marquee Sports Network have been awarded a total of five Pro...

2 weeks ago - Business Wire

“Hope for Haywood” WLOS-TV in Asheville, NC Raises Over $1 Million to Help Local Victims of Tropical Storm Fred

ASHEVILLE, N.C.--(BUSINESS WIRE)--In mid-August, catastrophic rain brought by Tropical Storm Fred moved across Western North Carolina, having a devastating impact on Haywood County. The storm resulted i...

2 weeks ago - Business Wire

Sinclair to Report Third Quarter 2021 Results on November 3, 2021 at 7:30 a.m. (Eastern Time)

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its third quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, November 3, 2021, followed by a conference cal...

1 month ago - Business Wire

Sinclair Broadcast Group Raises Nearly $700,000 for Local Charities in Stations' Back-to-School Drives

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced the company's television stations collectively raised nearly $700,000 for local charities through regional back-...

1 month ago - Business Wire

British computing inventor Clive Sinclair dies at 81

Clive Sinclair, the British inventor and entrepreneur who arguably did more than anyone else to inspire a whole generation of children into a life-long passion for computers and gaming, has died. He was...

1 month ago - TechXplore

Sir Clive Sinclair

Sir Clive Sinclair, who has died aged 81 from cancer, was the inventor who brought pocket calculators and the earliest cheap and accessible miniature computers into British homes in the 1980s.

1 month ago - The Guardian

Clive Sinclair and the offbeat brilliance of the ZX Spectrum

The affordability of Sinclair's revolutionary 1982 home computer let a generation of young bedroom coders make anarchic, punky games, and its hardware limitations merely fostered extra creativity

1 month ago - The Guardian

Home computing pioneer Sir Clive Sinclair dies aged 81

Creator of the landmark ZX Spectrum and the less commercially successful C5 died after a long illness

1 month ago - The Guardian

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Cincinnati, OH

CINCINNATI--(BUSINESS WIRE)--Cincinnati's leading television stations today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Today's launch includes WCPO-TV (ABC), W...

Other symbols:SSP
1 month ago - Business Wire

Sinclair Broadcast Group Names John Manzi Vice President And General Manager of KSAS-TV in Wichita, Kansas

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced John Manzi has been named Vice President and General Manager of KSAS-TV (FOX), and the simulcast stations, in th...

1 month ago - Business Wire

“Full Measure with Sharyl Attkisson” Sinclair Broadcast Group's Weekly Investigative News Program Returns for Seventh...

WASHINGTON--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced “Full Measure with Sharyl Attkisson” will return for its seventh season, beginning on September 12, with an ori...

1 month ago - Business Wire

Mario Gabelli's Top 5 2nd-Quarter Buys

Mario Gabelli (Trades, Portfolio)'s GAMCO Investors recently released its 13F filing for the second quarter of 2021, which ended on June 30.

Other symbols:CTVATVVMI
1 month ago - GuruFocus

Sinclair Broadcast Group Celebrates 25,000th Drone Flight

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced the company's Unmanned Aerial Systems (UAS) drone program recently completed its 25,000th logged flight. Sinclai...

1 month ago - Business Wire

Sinclair Broadcast Group Names Franco Gentile Vice President/General Manager of KPTM and KXVO in Omaha, Nebraska

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced Franco Gentile has been named Vice President/General Manager of KPTM (FOX) in Omaha, Nebraska. Gentile will also...

2 months ago - Business Wire

Rebecca O'Sullivan-Schulte Named Senior Vice President and General Manager of Bally Sports West, Bally Sports SoCal a...

BALTIMORE--(BUSINESS WIRE)--Bally Sports, a division of Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) has named Rebecca O'Sullivan-Schulte Senior Vice President and General Manager of Bally Sports West,...

2 months ago - Business Wire

Tennis Channel Brings Tennis Home to U.K. Fans

BALTIMORE--(BUSINESS WIRE)--Tennis Channel, owned by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that British tennis fans will now have access to Tennis Channel's world-class coverage...

2 months ago - Business Wire