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NASDAQ:SBGI

Sinclair (SBGI) Stock Price, News & Analysis

$14.59
-0.19 (-1.29%)
(As of 02/23/2024 ET)
Today's Range
$13.83
$14.74
50-Day Range
$12.69
$17.53
52-Week Range
$9.39
$21.17
Volume
472,900 shs
Average Volume
463,192 shs
Market Capitalization
$926.61 million
P/E Ratio
11.14
Dividend Yield
6.85%
Price Target
$19.43

Sinclair MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
33.1% Upside
$19.43 Price Target
Short Interest
Bearish
10.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.28mentions of Sinclair in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$274,691 Sold Last Quarter
Proj. Earnings Growth
98.97%
From $1.95 to $3.88 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Consumer Discretionary Sector

9th out of 269 stocks

Television Broadcasting Stations Industry

3rd out of 11 stocks


SBGI stock logo

About Sinclair Stock (NASDAQ:SBGI)

Sinclair, Inc., a media company, focuses on providing content on local television stations and digital platforms. The company distributes its content through broadcast platforms and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, other original programming, and college sports. It also owns digital media products that are complementary to its portfolio of television station related digital properties, as well as interests in, owns, manages, and/or operates technical and software services companies, intellectual property for the advancement of broadcast technology, and other media and non-media related businesses and assets, including interests in real estate, venture capital, private equity, and direct investments. Sinclair, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.

SBGI Stock Price History

SBGI Stock News Headlines

Sinclair Stock (NASDAQ:SBGI), Short Interest Report
Sinclair (SBGI) Scheduled to Post Quarterly Earnings on Wednesday
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE
A shocking leak has revealed tech giant Microsoft plans to add crypto support to future products. If the plans in these leaked documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, and MORE. The coupling of gaming and cryptocurrency could transform digital finance as we know it. We've gathered 27 experts to share their top picks and predictions for the 2024 crypto bull run.
SBGI Mar 2024 2.500 call
SBGI Mar 2024 10.000 call
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE
A shocking leak has revealed tech giant Microsoft plans to add crypto support to future products. If the plans in these leaked documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, and MORE. The coupling of gaming and cryptocurrency could transform digital finance as we know it. We've gathered 27 experts to share their top picks and predictions for the 2024 crypto bull run.
Analysts Set Sinclair, Inc. (NASDAQ:SBGI) Price Target at $18.54
Sinclair (SBGI) Stock Dips While Market Gains: Key Facts
Sinclair To Settle Diamond Sports-Related Litigation - Quick Facts
Denver Post owner sells Baltimore Sun in private deal
Sinclair exec buys Baltimore Sun in private deal
See More Headlines
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Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Today
2/23/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SBGI
CUSIP
82922610
Employees
7,900
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$19.43
High Stock Price Target
$25.00
Low Stock Price Target
$15.70
Potential Upside/Downside
+33.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$2.65 billion
Pretax Margin
1.35%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$11.05 per share
Book Value
$9.78 per share

Miscellaneous

Free Float
38,363,000
Market Cap
$926.61 million
Optionable
Optionable
Beta
1.46

Social Links

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Key Executives















SBGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Sinclair stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinclair in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SBGI shares.
View SBGI analyst ratings
or view top-rated stocks.

What is Sinclair's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Sinclair's stock. Their SBGI share price targets range from $15.70 to $25.00. On average, they expect the company's stock price to reach $19.43 in the next year. This suggests a possible upside of 33.1% from the stock's current price.
View analysts price targets for SBGI
or view top-rated stocks among Wall Street analysts.

How have SBGI shares performed in 2024?

Sinclair's stock was trading at $13.03 on January 1st, 2024. Since then, SBGI shares have increased by 12.0% and is now trading at $14.59.
View the best growth stocks for 2024 here
.

When is Sinclair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our SBGI earnings forecast
.

How can I listen to Sinclair's earnings call?

Sinclair will be holding an earnings conference call on Wednesday, February 28th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Sinclair's earnings last quarter?

Sinclair, Inc. (NASDAQ:SBGI) posted its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.25 EPS for the quarter, topping the consensus estimate of ($0.86) by $1.11. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.58 billion. Sinclair had a net margin of 3.21% and a trailing twelve-month return on equity of 23.88%. The business's revenue for the quarter was down .3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.13 earnings per share.

How often does Sinclair pay dividends? What is the dividend yield for Sinclair?

Sinclair declared a quarterly dividend on Wednesday, November 1st. Investors of record on Friday, December 1st will be given a dividend of $0.25 per share on Friday, December 15th. This represents a $1.00 annualized dividend and a yield of 6.85%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for SBGI
.

Is Sinclair a good dividend stock?

Sinclair (NASDAQ:SBGI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 6.49%. SBGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SBGI will have a dividend payout ratio of 25.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBGI.

What ETFs hold Sinclair's stock?
What is Christopher Ripley's approval rating as Sinclair's CEO?

133 employees have rated Sinclair Chief Executive Officer Christopher Ripley on Glassdoor.com. Christopher Ripley has an approval rating of 51% among the company's employees. This puts Christopher Ripley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Sinclair own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sinclair investors own include Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Gilead Sciences (GILD), AT&T (T), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), AbbVie (ABBV) and Applied Materials (AMAT).

Who are Sinclair's major shareholders?

Sinclair's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (5.52%), Vanguard Group Inc. (5.39%), Dimensional Fund Advisors LP (2.98%), Capital Management Corp VA (2.31%), Gabelli Funds LLC (1.85%) and Bridgeway Capital Management LLC (1.25%). Insiders that own company stock include Barry Faber, Daniel C Keith, David B Gibber, David D Smith, David R Bochenek, Frederick G Smith, Frederick G Smith, Howard E Friedman, J Duncan Smith, Jeffrey Edward Lewis, Lawrence E Mccanna and Ruth Louisa Villigerwilson.
View institutional ownership trends
.

How do I buy shares of Sinclair?

Shares of SBGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SBGI) was last updated on 2/23/2024 by MarketBeat.com Staff