Sinclair Broadcast Group, Inc. (SBGI)
| Market Cap | 785.48M |
| Revenue (ttm) | 3.13B |
| Net Income (ttm) | -291.00M |
| Shares Out | 63.60M |
| EPS (ttm) | -4.46 |
| PE Ratio | n/a |
| Forward PE | 17.51 |
| Dividend | $1.00 (8.10%) |
| Ex-Dividend Date | Mar 8, 2024 |
| Volume | 334,404 |
| Open | 12.08 |
| Previous Close | 12.10 |
| Day's Range | 12.08 - 12.44 |
| 52-Week Range | 9.39 - 20.57 |
| Beta | 1.36 |
| Analysts | Buy |
| Price Target | 19.10 (+54.66%) |
| Earnings Date | May 8, 2024 |
About SBGI
Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for SBGI stock is "Buy." The 12-month stock price forecast is $19.1, which is an increase of 54.66% from the latest price.
News
2024 Upton Sinclair Memorial Lecture Examines Silicosis Epidemic Among Artificial-Stone Fabricators during AIHA Connect
FALLS CHURCH, Va.--(BUSINESS WIRE)--The lecture is one of the scheduled events during AIHA Connect, AIHA's annual conference and expo for OEHS professionals.
Sinclair Launches “Broadspan” Datacasting Platform
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced the launch of its “Broadspan” datacasting platform to enable data distribution capability across all current Sinclair NextGen...
Futuri Shares Groundbreaking AI in Media Study at National Association of Broadcasters (NAB) Show 2024; Reveals A New Era of Human-AI Collaboration in Content Creation
LAS VEGAS--(BUSINESS WIRE)--At the hotly anticipated NAB Show 2024, Futuri's CEO Daniel Anstandig, alongside co-presenter Ameca, the AI-powered humanoid, shared findings from the most comprehensive st...
Sinclair Joins Entertainment ID Registry Board
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. today announced the company has joined the Entertainment ID Registry (EIDR) as a member of the Board of Directors. The company will be represented by ...
Sinclair to Report First Quarter 2024 Results on May 8, 2024 at 4:00 p.m. (Eastern Time)
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its first quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, May 8, 2024, followed by a conference call to discuss the re...
Sinclair Begins Generative AI Usage
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audie...
WBFF FOX 45/Sinclair, The Baltimore Sun, The David D. Smith Family Foundation, Atlas Restaurant Group and MileOne Autogroup to Support Recovery Effort in Baltimore Harbor with Donations to the Maryland Tough Baltimore Strong Key Bridge Fund
BALTIMORE--(BUSINESS WIRE)--WBFF FOX45, Baltimore's #1 ranked news outlet, The Baltimore Sun, the region's leading source of news and information, Atlas Restaurant Group, the largest restaurant group ...
These 3 Tech And Telecom Stocks With Over 6% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - CuriosityStream (NASDAQ:CURI), Sinclair (NASDAQ:SBGI)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Sinclair's Diamond Sports extends distribution deal with Charter Communications
Sinclair SBGI, +4.55% -owned Diamond Sports Group extended its distribution deal with Charter Communications CHTR, -0.84%, giving Spectrum customers access to the company's regional sports networks.
Sinclair and ONE Media Technologies to Participate in NAB Show, Las Vegas April 13-16
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) and its subsidiary, ONE Media Technologies, will be participating in the 2024 National Association of Broadcasters (NAB) Show next week...
Wilson Partners Brings Barnbrook Sinclair Onboard, Strengthening Accounting Group's Presence in South East England
LONDON--(BUSINESS WIRE)--High growth accounting, tax and corporate finance firm Wilson Partners has acquired the Woking-based firm Barnbrook Sinclair. The move strengthens its presence in the South Ea...
Sinclair Names Matthew Galka National Correspondent, Washington DC Bureau
WASHINGTON--(BUSINESS WIRE)--Sinclair Broadcast Group today announced that Matthew Galka will join the company's Washington DC Bureau as a National Correspondent. Galka will provide reporting for The ...
CHARGE! and ABC Owned Television Stations Enter Into New Network Affiliation Agreement
BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, a subsidiary of Sinclair Inc., (Nasdaq: SBGI) today announced a new broadcast affiliate distribution agreement with ABC Owned Television Stations ...
Sinclair Broadcast Group Names Shuneca Harrington Vice President and General Manager of WRLH/FOX in Richmond, VA
RICHMOND, Va.--(BUSINESS WIRE)--Sinclair today announced that Shuneca Harrington has been named VP/GM of WRLH/FOX in Richmond, VA. Harrington, who began her media career at Sinclair, returns to the co...
Sinclair Promotes David Gibber to Executive Vice President and Chief Legal Officer
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. today announced David Gibber has been elevated to Executive Vice President and Chief Legal Officer. Gibber was most recently the company's Senior Vice...
NAACP to Honor Sinclair Broadcast Group's WBFF in Baltimore and Investigative Reporter Chris Papst with Randallstown NAACP Excellence in Advocacy Award
BALTIMORE--(BUSINESS WIRE)--WBFF FOX 45, Sinclair Broadcast Group's station in Baltimore, is pleased to announce that both the station and Project Baltimore's Investigative Reporter Chris Papst will b...
Sinclair Announces Virtual Carriage – Tennis Channel's T2
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI) today announced that it will carry Tennis Channel's T2 as a free, streaming, virtual cha...
D2L and Sinclair Community College Launch Free K-12 Cybersecurity Course
D2L continues to advance commitment to 'Secure by Design' pledge made at White House summit TORONTO , March 20, 2024 /PRNewswire/ - D2L, a global learning technology company, has launched a free K-12 ...
Sinclair and APTS Announce Free Virtual Channel Hosting for Public Television Stations Not Yet Transmitting in ATSC 3.0
HUNT VALLEY, Md. & ARLINGTON, Va.--(BUSINESS WIRE)--Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI) and America's Public Television Stations (APTS) today announced that, i...
Sinclair and Reading Is Fundamental Launch Sinclair Cares: Supporting Children's Literacy
BALTIMORE & WASHINGTON--(BUSINESS WIRE)--Sinclair Inc. (Nasdaq: SBGI) today announced a partnership with Reading Is Fundamental (RIF), the nation's leading children's literacy nonprofit, to launch Sin...
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common st...
Sinclair Reports Fourth Quarter 2023 Financial Results
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2023. Highlights: Met guidan...
Sinclair Names Jim Doty Vice President and General Manager of WCYB and WEMT, Tri-Cities
TRI-CITIES, Tenn.--(BUSINESS WIRE)--Sinclair today announced that Jim Doty has been named VP/GM of WCYB (NBC/CW) and WEMT (FOX) in the Tri-Cities region of Tennessee and Virginia. Doty was most recent...
The Nest Secures Nationwide Distribution Gains; Adds 35 TEGNA Stations
BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, a subsidiary of Sinclair Inc., (Nasdaq: SBGI) today announced a new broadcast affiliate distribution agreement with TEGNA to expand the clearances...
Comet, CHARGE! and TBD. Deliver Highest Viewership in Networks' History
BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, LLC., a subsidiary of Sinclair Inc., (Nasdaq: SBGI) is pleased to announce Comet, CHARGE! and TBD., the company's free, over-the-air, national net...