Sinclair Broadcast Group Company Profile (NASDAQ:SBGI)

About Sinclair Broadcast Group

Sinclair Broadcast Group logoSinclair Broadcast Group, Inc. is a television broadcasting company. The Company owns or provides certain programming, operating or sales services to television stations in the United States. The Company's segments include Broadcast, Other and Corporate. The Broadcast segment consists of all of its television stations. The Other segment primarily consists of original networks and content, digital and Internet solutions, technical services and other non-media investments. The Company owns and provides programming and operating services pursuant to local marketing agreements (LMAs), or provides sales services and other non-programming operating services pursuant to joint sales agreements (JSA) and shared services agreements (SSA) to approximately 160 stations in over 80 markets. These stations broadcast over 440 channels, including 215 channels affiliated with primary networks or program service providers. It has a total of over 10 other low powered stations.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting - TV
  • Sub-Industry: Broadcasting
  • Exchange: NASDAQ
  • Symbol: SBGI
  • CUSIP: 82922610
Key Metrics:
  • Previous Close: $28.88
  • 50 Day Moving Average: $29.43
  • 200 Day Moving Average: $30.62
  • Trailing P/E Ratio: 15.78
  • Foreward P/E Ratio: 12.84
  • P/E Growth: 4.71
  • Market Cap: $2.73B
  • Outstanding Shares: 94,426,000
  • Beta: 1.89
Additional Links:
Companies Related to Sinclair Broadcast Group:

Analyst Ratings

Consensus Ratings for Sinclair Broadcast Group (NASDAQ:SBGI) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $38.25 (32.44% upside)

Analysts' Ratings History for Sinclair Broadcast Group (NASDAQ:SBGI)
DateFirmActionRatingPrice TargetDetails
2/25/2016WedbushLower Price TargetOutperform$39.00 -> $37.00View Rating Details
11/18/2015StephensInitiated CoverageEqual Weight$37.00View Rating Details
11/10/2015Royal Bank Of CanadaBoost Price TargetOutperform$34.00 -> $39.00View Rating Details
11/5/2015Benchmark Co.Boost Price TargetBuy$37.00 -> $40.00View Rating Details
11/6/2014JPMorgan Chase & Co.Reiterated RatingNeutral$35.00 -> $31.00View Rating Details
(Data available from 8/25/2014 forward)


Earnings History for Sinclair Broadcast Group (NASDAQ:SBGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2016Q216$0.52$0.52$658.61 million$666.50 millionViewN/AView Earnings Details
5/4/2016Q116$0.24$0.25$568.57 million$578.90 millionViewN/AView Earnings Details
2/24/2016Q415$0.66$0.61$600.91 million$611.80 millionViewListenView Earnings Details
11/4/2015Q315$0.24$0.45$533.52 million$548.40 millionViewN/AView Earnings Details
8/5/2015Q215$0.37$0.48$542.14 million$554.20 millionViewN/AView Earnings Details
5/6/2015Q115$0.12$0.25$503.67 million$504.80 millionViewN/AView Earnings Details
2/18/2015Q414$0.76$0.84$601.41 million$613.80 millionViewN/AView Earnings Details
11/5/2014Q314$0.35$0.49$338.64 million$494.96 millionViewN/AView Earnings Details
8/6/2014Q214$0.37$0.42$440.66 million$455.14 millionViewN/AView Earnings Details
5/7/2014Q114$0.22$0.27$403.27 million$412.65 millionViewN/AView Earnings Details
2/11/2014Q413$0.32$0.29$413.37 million$427.72 millionViewN/AView Earnings Details
11/6/2013Q313$0.24$0.36$318.95 million$303.00 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.18$0.19$311.93 million$314.15 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.17$0.21$290.71 million$252.90 millionViewN/AView Earnings Details
2/6/2013Q4 2012$0.56$0.73$311.74 million$329.50 millionViewN/AView Earnings Details
11/1/2012Q312$0.35$0.36$253.91 million$260.50 millionViewN/AView Earnings Details
8/1/2012$0.29$0.37ViewN/AView Earnings Details
5/2/2012$0.32$0.36ViewN/AView Earnings Details
11/2/2011$0.18$0.24ViewN/AView Earnings Details
8/3/2011$0.26$0.23ViewN/AView Earnings Details
5/4/2011$0.18$0.19ViewN/AView Earnings Details
2/9/2011$0.39$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Sinclair Broadcast Group (NASDAQ:SBGI)
Current Year EPS Consensus Estimate: $3.06 EPS
Next Year EPS Consensus Estimate: $2.25 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.23$0.44$0.36
Q2 20161$0.54$0.54$0.54
Q3 20161$0.85$0.85$0.85
Q4 20161$1.44$1.44$1.44
(Data provided by Zacks Investment Research)


Current Dividend Information for Sinclair Broadcast Group (NASDAQ:SBGI)
Annual Dividend:$0.72
Dividend Yield:2.49%
Payout Ratio:39.34% (Based on Trailing 12 Months of Earnings)
23.53% (Based on Current Year Consensus EPS Estimate)
32.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sinclair Broadcast Group (NASDAQ:SBGI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sinclair Broadcast Group (NASDAQ:SBGI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/11/2016Barry FaberVPSell14,417$32.86$473,742.62View SEC Filing  
1/8/2016Martin R LeaderDirectorSell1,000$30.71$30,710.00View SEC Filing  
11/6/2015Lucy RutishauserSVPSell2,334$33.50$78,189.00View SEC Filing  
6/17/2015Lawrence E MccannaDirectorSell2,000$29.34$58,680.00View SEC Filing  
3/30/2015David R BochenekCAOSell4,000$31.76$127,040.00View SEC Filing  
3/24/2015Lucy RutishauserSVPSell2,713$31.19$84,618.47View SEC Filing  
3/20/2015Barry FaberVPSell18,155$31.15$565,528.25View SEC Filing  
3/13/2015Lucy RutishauserSVPSell6,530$28.00$182,840.00View SEC Filing  
7/7/2014Steven M MarksCOOSell8,000$35.77$286,160.00View SEC Filing  
7/1/2014Robert E SmithDirectorSell138,880$35.20$4,888,576.00View SEC Filing  
6/27/2014Barry FaberVPSell10,911$34.43$375,665.73View SEC Filing  
6/24/2014Lawrence E MccannaDirectorSell1,500$29.36$44,040.00View SEC Filing  
6/18/2014Frederick G SmithMajor ShareholderSell110,185$30.31$3,339,707.35View SEC Filing  
5/19/2014Barry FaberVPSell6,400$29.33$187,712.00View SEC Filing  
4/2/2014Steven MarksCOOSell6,000$26.95$161,700.00View SEC Filing  
3/4/2014Lawrence MccannaDirectorSell2,000$30.00$60,000.00View SEC Filing  
12/23/2013Robert SmithDirectorSell63,251$34.60$2,188,484.60View SEC Filing  
12/20/2013Robert SmithDirectorSell17,061$34.11$581,950.71View SEC Filing  
12/18/2013Robert SmithDirectorSell6,800$34.11$231,948.00View SEC Filing  
12/17/2013Robert SmithDirectorSell3,300$34.12$112,596.00View SEC Filing  
12/13/2013Robert SmithDirectorSell54,588$34.49$1,882,740.12View SEC Filing  
5/15/2013J Duncan SmithMajor ShareholderSell739,815$26.30$19,457,134.50View SEC Filing  
5/15/2013Robert E SmithDirectorSell870,370$26.30$22,890,731.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Sinclair Broadcast Group (NASDAQ:SBGI)
News IconCult Classic MYSTERY SCIENCE THEATER 3000 Coming to Comet This September (NASDAQ:SBGI) - August 24 at 10:25 AM logoOriginal "Mystery Science Theater 3000" Comes to COMET - The Cult Classic to Begin Airing September 4, 2016 (NASDAQ:SBGI) - August 24 at 10:24 AM logoWatch for Sinclair Broadcast Group to Potentially Rebound After Falling 2.00% Yesterday (NASDAQ:SBGI) - August 22 at 7:11 PM
News IconStock Tracking Lower for the Quarter: Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Post News (NASDAQ:SBGI) - August 20 at 6:53 PM
News IconSinclair proposes private offering of senior unsecured notes of Sinclair television group. (NASDAQ:SBGI) - August 18 at 7:32 PM logoSinclair Broadcast Group, Inc. (NASDAQ:SBGI) Cash and Short – Term Investments Is Reported At $149.972 Millions - Stocks Daily (NASDAQ:SBGI) - August 17 at 10:18 AM
News IconSinclair’s Private Debt Offering Rates Strong With Moody’s (NASDAQ:SBGI) - August 16 at 7:24 PM logoSinclair Television Group, Inc -- Moody's Publishes Covenant Quality Assessment for Sinclair Television Group, Inc (NASDAQ:SBGI) - August 16 at 7:24 PM logoSinclair Broadcast : Prices Private Offering of Senior Unsecured Notes (NASDAQ:SBGI) - August 15 at 7:41 PM logoSinclair Prices Private Offering of Senior Unsecured Notes (NASDAQ:SBGI) - August 15 at 7:41 PM logoSinclair Announces Redemption of 6.375% Senior Unsecured Notes (NASDAQ:SBGI) - August 15 at 9:28 AM logoSinclair Announces Private Offering of Senior Unsecured Notes of Sinclair Television Group (NASDAQ:SBGI) - August 15 at 9:28 AM logoWill Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Surprise Analysts? - Investor Newswire (NASDAQ:SBGI) - August 14 at 11:41 AM logoSINCLAIR BROADCAST GROUP INC Financials (NASDAQ:SBGI) - August 11 at 7:50 PM logoSinclair Broadcast Group (SBGI) Shares are Up 5.68% – Trade Calls - Trade Calls (NASDAQ:SBGI) - August 8 at 7:31 PM logoSINCLAIR BROADCAST GROUP INC Files SEC form 10-Q, Quarterly Report (NASDAQ:SBGI) - August 5 at 7:32 PM logoSinclair Broadcast Group, Inc. :SBGI-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016 (NASDAQ:SBGI) - August 4 at 7:46 PM logoAnalysts Observing Trading Stocks: The Chefs' Warehouse, Inc. (NASDAQ:CHEF) , Sinclair Broadcast Group, Inc ... - Street Updates (NASDAQ:SBGI) - August 4 at 10:29 AM logoEdited Transcript of SBGI earnings conference call or presentation 3-Aug-16 1:30pm GMT (NASDAQ:SBGI) - August 4 at 10:29 AM logoBRIEF-Sinclair Broadcast Group enters retransmission consent agreement with Comcast (NASDAQ:SBGI) - August 3 at 7:39 PM
News IconSinclair boosts revenue with expanded digital offerings, political advertising (NASDAQ:SBGI) - August 3 at 7:39 PM logoSinclair Broadcast Group's (SBGI) Q2 2016 Results - Earnings Call Transcript (NASDAQ:SBGI) - August 3 at 7:39 PM logoSinclair Broadcast Group Enters Into Retransmission Consent Agreement With Comcast (NASDAQ:SBGI) - August 3 at 7:39 PM logoNoteworthy Wednesday Option Activity: SBGI, MNST, SCHL (NASDAQ:SBGI) - August 3 at 4:43 PM logoSBG – Sinclair Broadcast Group Inc.: Sinclair Reports Second Quarter 2016 Financial Results (NASDAQ:SBGI) - August 3 at 10:35 AM logoSinclair's offices in Arlington stay put (NASDAQ:SBGI) - August 3 at 10:35 AM logoSinclair Broadcast Group (SBGI) Declares $0.18 Quarterly Dividend; 2.6% Yield (NASDAQ:SBGI) - August 3 at 10:35 AM logoSinclair posts 2Q profit (NASDAQ:SBGI) - August 3 at 10:34 AM logoSINCLAIR BROADCAST GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NASDAQ:SBGI) - August 3 at 10:34 AM logoSinclair Reports Second Quarter 2016 Financial Results (NASDAQ:SBGI) - August 3 at 10:34 AM logoSinclair Declares $0.18 Per Share Quarterly Cash Dividend (NASDAQ:SBGI) - August 3 at 10:34 AM
News IconSinclair joins White House effort on drone innovation (NASDAQ:SBGI) - August 2 at 7:38 PM logoWSJ: Sinclair kicked tires on Weather Channel TV operation (NASDAQ:SBGI) - August 2 at 7:38 PM logoSinclair Broadcast Group is Oversold (NASDAQ:SBGI) - August 2 at 7:38 PM logoSinclair Joins White House Effort On Drone Innovation, Leads Broadcast Industry In Using Drones For Newsgathering (NASDAQ:SBGI) - August 2 at 7:38 PM logoSinclair reportedly considering acquisition of the Weather Channel (NASDAQ:SBGI) - August 2 at 7:38 PM logoSinclair Broadcast Group is Oversold - Nasdaq (NASDAQ:SBGI) - August 2 at 12:14 PM logoSinclair Enters Into Affiliation Agreements With Fox (NASDAQ:SBGI) - August 2 at 12:14 PM logoSinclair Names Larry Strumwasser General Manager In Milwaukee, Wisconsin (NASDAQ:SBGI) - August 1 at 7:02 PM
News IconStars Talk Giving Back In The Back Seat (NASDAQ:SBGI) - July 30 at 6:34 PM logoSinclair settles matters with FCC, turns to future (NASDAQ:SBGI) - July 30 at 10:02 AM logoSinclair Broadcast : Settles Outstanding Matters With The Federal Communications Commission (NASDAQ:SBGI) - July 30 at 10:02 AM logoSinclair Settles Outstanding Matters With The Federal Communications Commission (NASDAQ:SBGI) - July 29 at 2:58 PM logo2:32 pm Sinclair Broadcast settles previously disclosed pending matters with FCC; SBGI agrees to make ~$9.5 mln payment (NASDAQ:SBGI) - July 29 at 2:32 PM
News IconChanges coming August 1 for TV viewers in Peoria and South Bend, Indiana markets (NASDAQ:SBGI) - July 29 at 10:22 AM logoSinclair Broadcast Group Inc. (SBGI) is Trading Lower on Unusual Volume for July 26 - (NASDAQ:SBGI) - July 28 at 10:33 AM logoNotable Analyst Coverage: Sinclair Broadcast Group Inc (NASDAQ:SBGI), Pitney Bowes Inc. (NYSE:PBI) - Review Fortune (NASDAQ:SBGI) - July 28 at 10:33 AM logoSinclair Broadcast Group, Inc. (NASDAQ:SBGI) Cash Balance At $149.972 Millions - Stocks Daily (NASDAQ:SBGI) - July 25 at 7:25 PM logoSINCLAIR BROADCAST GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fin (NASDAQ:SBGI) - July 25 at 12:41 PM
News IconStock to Watch: Price Target and Company Rating Review for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - TGP (NASDAQ:SBGI) - July 23 at 11:05 AM


Sinclair Broadcast Group (NASDAQ:SBGI) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff