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Sinclair Broadcast (SBGI)
NASDAQ:SBGI
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SBGI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.13 - $18.20
Previous Close$15.93
Volume242.23K
Average Volume (3M)380.18K
Market Cap
$1.08B
Enterprise Value$4.76B
Total Cash (Recent Filing)$536.00M
Total Debt (Recent Filing)$4.29B
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Feb 26, 2025EPS Estimate
$1.98Next Dividend Ex-Date
Dec 02, 2024Dividend Yield6.18%
Share Statistics
EPS (TTM)-3.34
Shares Outstanding66,420,600
10 Day Avg. Volume423,021
30 Day Avg. Volume380,181
Standard Deviation0.14
R-Squared0.33
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.55
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)1.30
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.41
Enterprise Value/Gross Profit3.23
Enterprise Value/Ebitda-9.86
Forecast
1Y Price Target
$22.67Price Target Upside38.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Sinclair Broadcast News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSinclair Broadcast Group's balance sheet is improving, as seen by the decrease in net leverage and an increase in cash holdings.
Market OpportunitiesThere is an expectation for increased Broadcast deal activity, which could benefit SBGI's market position.
Regulatory EnvironmentThe expectation of a Republican-controlled FCC is likely to lead to deregulation in the broadcast sector, which could benefit Sinclair Broadcast Group.
Bears Say
Cash FlowSinclair Broadcast Group's free cash flow estimates have been significantly reduced, implying financial challenges moving forward.
Financial PerformanceSinclair Broadcast Group's Q3 revenue and adjusted EBITDA both missed their pre-announced guidance ranges, indicating weaker-than-expected performance.
Political AdvertisingThe full-year political revenue guidance for Sinclair Broadcast Group has been lowered, reflecting a shift in political advertising spend to other markets.
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Ownership Overview
4.89% Insiders
17.45% Mutual Funds
26.85% Other Institutional Investors
34.77% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SBGI FAQ
What was Sinclair Broadcast’s price range in the past 12 months?
Sinclair Broadcast lowest stock price was $11.13 and its highest was $18.20 in the past 12 months.
What is Sinclair Broadcast’s market cap?
Currently, no data Available
When is Sinclair Broadcast’s upcoming earnings report date?
Sinclair Broadcast’s upcoming earnings report date is Feb 26, 2025 which is in 97 days.
How were Sinclair Broadcast’s earnings last quarter?
Sinclair Broadcast released its earnings results on Nov 06, 2024. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.36.
Is Sinclair Broadcast overvalued?
According to Wall Street analysts Sinclair Broadcast’s price is currently Undervalued.
Does Sinclair Broadcast pay dividends?
Sinclair Broadcast pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 6.18%. See more information on Sinclair Broadcast dividends here
What is Sinclair Broadcast’s EPS estimate?
Sinclair Broadcast’s EPS estimate is $1.98.
How many shares outstanding does Sinclair Broadcast have?
Sinclair Broadcast has 42,645,542 shares outstanding.
What happened to Sinclair Broadcast’s price movement after its last earnings report?
Sinclair Broadcast reported an EPS of $1.43 in its last earnings report, beating expectations of $1.07. Following the earnings report the stock price went down -2.757%.
Which hedge fund is a major shareholder of Sinclair Broadcast?
Among the largest hedge funds holding Sinclair Broadcast’s share is Gamco Investors, Inc. ET AL. It holds Sinclair Broadcast’s shares valued at 55M.
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Sinclair Broadcast Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.67 (38.57% Upside)
$22.67 (38.57% Upside)
Blogger Sentiment
Bearish
SBGI Sentiment 100%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.76%
12-Months-Change
Fundamentals
Return on Equity
-39.02%
Trailing 12-Months
Asset Growth
-4.90%
Trailing 12-Months
Company Description
Sinclair Broadcast
Sinclair Broadcast Group, Inc. is a television broadcasting company, which engages in the provision of content on local television stations and digital and other platforms. It operates through Broadcast segment. The Broadcast segment provides free over-the-air programming to television viewing audiences in the communities through local television stations. Its primary channels consists of network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.
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SBGI Company Deck
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SBGI Earnings Call
Q3 2024
0:00 / 0:00
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SBGI Stock 12 Month Forecast
Average Price Target
$22.67
▲(38.57% Upside)
Technical Analysis
Best Analysts Covering SBGI
1 Year
1 Year Success Rate
12/19 ratings generated profit
1 Year Average Return
+14.68%
reiterated a buy rating 15 days ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +14.68% per trade.
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