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: $38.55
  • 50 Day Moving Average: $33.91
  • 200 Day Moving Average: $30.49
  • 52-Week Range: $24.15 - $39.15
  • Trailing P/E Ratio: 20.17
  • Foreward P/E Ratio: 16.55
  • P/E Growth: 6.94
  • Market Cap: $3.49B
  • Outstanding Shares: 90,634,000
  • Beta: 1.78
Profitability:
  • Net Margins: 7.16%
  • Return on Equity: 38.65%
  • Return on Assets: 3.47%
Debt:
  • Debt-to-Equity Ratio: 8.30%
  • Current Ratio: 1.32%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Sinclair Broadcast Group:

Analyst Ratings

Consensus Ratings for Sinclair Broadcast Group (NASDAQ:SBGI) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $40.00 (3.76% upside)

Analysts' Ratings History for Sinclair Broadcast Group (NASDAQ:SBGI)
Show:
DateFirmActionRatingPrice TargetDetails
11/3/2016Benchmark Co.Reiterated RatingBuy$44.00View Rating Details
11/3/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
9/27/2016WedbushLower Price TargetOutperform$37.00 -> $36.00View Rating Details
11/10/2015Royal Bank Of CanadaBoost Price TargetOutperform$34.00 -> $39.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Sinclair Broadcast Group (NASDAQ:SBGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017        
2/22/2017Q416$1.36$1.32$805.49 million$797.70 millionViewN/AView Earnings Details
11/2/2016Q316$0.72$0.54$164.94 million$693.80 millionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Sinclair Broadcast Group (NASDAQ:SBGI)
Current Year EPS Consensus Estimate: $2.66 EPS
Next Year EPS Consensus Estimate: $2.33 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$0.77$0.77$0.77
Q4 20161$1.37$1.37$1.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sinclair Broadcast Group (NASDAQ:SBGI)
Annual Dividend:$0.72
Dividend Yield:1.87%
Payout Ratio:37.50% (Based on Trailing 12 Months of Earnings)
27.07% (Based on Current Year Consensus EPS Estimate)
30.90% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sinclair Broadcast Group (NASDAQ:SBGI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$0.181.87%2/27/20173/1/20173/15/2017
11/4/2016Quarterly$0.1811/29/201612/1/201612/15/2016
8/3/2016Quarterly$0.188/30/20169/1/20169/15/2016
5/4/2016Quarterly$0.185/27/20166/1/20166/15/2016
2/24/2016Quarterly$0.173/3/20163/7/20163/18/2016
11/4/2015Quarterly$0.1711/27/201512/1/201512/15/2015
8/5/2015$0.178/28/20159/1/20159/15/2015
5/6/2015quarterly$0.172.2%5/28/20156/1/20156/12/2015
2/18/2015quarterly$0.172.33%2/25/20152/27/20153/13/2015
11/5/2014quarterly$0.172.41%11/26/201412/1/201412/15/2014
8/6/2014quarterly$0.172.04%8/27/20148/29/20149/15/2014
5/7/2014quarterly$0.152.13%5/28/20145/30/20146/13/2014
2/12/2014quarterly$0.152.28%2/26/20142/28/20143/14/2014
11/6/2013quarterly$0.151.76%11/26/201311/29/201312/13/2013
8/7/2013quarterly$0.152.26%8/28/20138/30/20139/13/2013
4/29/2013quarterly$0.152.24%5/29/20135/31/20136/14/2013
2/6/2013quarterly$0.154.22%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sinclair Broadcast Group (NASDAQ:SBGI)
Insider Ownership Percentage: 29.70%
Institutional Ownership Percentage: 71.96%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/15/2017David D SmithChairmanBuy16,500$29.59$488,235.00View SEC Filing  
11/22/2016Lawrence E. MccannaDirectorSell5,000$31.97$159,850.00View SEC Filing  
10/5/2016Lawrence E. MccannaDirectorSell2,000$28.63$57,260.00View SEC Filing  
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)

Headlines

Latest Headlines for Sinclair Broadcast Group (NASDAQ:SBGI)
DateHeadline
streetinsider.com logoSinclair Broadcast Group (SBGI) Misses Q4 EPS by 4c (NASDAQ:SBGI)
www.streetinsider.com - February 22 at 7:52 PM
News IconSinclair Reports Higher Fourth-Quarter Profits (NASDAQ:SBGI)
www.graffiotech.com - February 22 at 7:52 PM
News IconSinclair Broadcast Group Inc (SBGI): What can we expect from this high growth stock? (NASDAQ:SBGI)
simplywall.st - February 22 at 7:52 PM
seekingalpha.com logoSinclair Broadcast Group (SBGI) Q4 2016 Results - Earnings Call Transcript (NASDAQ:SBGI)
seekingalpha.com - February 22 at 7:52 PM
News IconSinclair misses analysts' estimates, but anticipates pivotal year ahead (NASDAQ:SBGI)
www.baltimoresun.com - February 22 at 9:44 AM
marketexclusive.com logoSINCLAIR BROADCAST GROUP, INC. (NASDAQ:SBGI) Files An 8-K Results of Operations and Financial Condition (NASDAQ:SBGI)
marketexclusive.com - February 22 at 9:44 AM
4-traders.com logoSinclair Broadcast : Reports Fourth Quarter 2016 Financial Results (NASDAQ:SBGI)
www.4-traders.com - February 22 at 9:44 AM
us.rd.yahoo.com logoSinclair Reports Fourth Quarter 2016 Financial Results (NASDAQ:SBGI)
us.rd.yahoo.com - February 22 at 9:44 AM
us.rd.yahoo.com logoSinclair Declares $0.18 Per Share Quarterly Cash Dividend (NASDAQ:SBGI)
us.rd.yahoo.com - February 22 at 9:44 AM
sg.finance.yahoo.com logoSinclair misses Street 4Q forecasts (NASDAQ:SBGI)
sg.finance.yahoo.com - February 22 at 9:44 AM
biz.yahoo.com logoSINCLAIR BROADCAST GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NASDAQ:SBGI)
biz.yahoo.com - February 22 at 9:44 AM
thestreet.com logoSinclair Broadcast Group Misses Fourth Quarter Estimates (NASDAQ:SBGI)
www.thestreet.com - February 22 at 9:44 AM
bizjournals.com logoSinclair Broadcast Group profit soars in 4Q on political advertising (NASDAQ:SBGI)
www.bizjournals.com - February 22 at 9:44 AM
4-traders.com logoSinclair Broadcast Group Inc : annual earnings release (NASDAQ:SBGI)
www.4-traders.com - February 17 at 7:44 PM
bizjournals.com logoTV Broadcasters Stocks Under Scanner -- Grupo Televisa, TEGNA, Sinclair Broadcast, and Scripps Networks Interactive (NASDAQ:SBGI)
www.bizjournals.com - February 16 at 7:23 PM
4-traders.com logoSinclair Broadcast : IBEW Decertified At Sinclair Station, WTOV, In Steubenville, Ohio (NASDAQ:SBGI)
www.4-traders.com - February 14 at 6:11 AM
seekingalpha.com logoSinclair Broadcast Ohio station votes to decertify union (NASDAQ:SBGI)
seekingalpha.com - February 14 at 6:11 AM
finance.yahoo.com logoIBEW Decertified At Sinclair Station, WTOV, In Steubenville, Ohio (NASDAQ:SBGI)
finance.yahoo.com - February 14 at 6:11 AM
finance.yahoo.com logoNews conferences raise issue of Trump seeking softballs (NASDAQ:SBGI)
finance.yahoo.com - February 14 at 6:11 AM
us.rd.yahoo.com logo11:16 am Sinclair Broadcast expects to receive an estimated $313 million of gross proceeds from the National Broadband Plan Spectrum Auction; not expected to produce any material change in results for the Company (NASDAQ:SBGI)
us.rd.yahoo.com - February 11 at 4:52 AM
streetinsider.com logoSinclair Broadcast Group (SBGI) and Frontier Reach Agreement on Tennis Channel, Other TV Stations (NASDAQ:SBGI)
www.streetinsider.com - February 10 at 11:52 PM
seekingalpha.com logoSinclair Broadcast, Frontier ending TV blackout with new carriage deal (NASDAQ:SBGI)
seekingalpha.com - February 10 at 11:52 PM
us.rd.yahoo.com logoSinclair Announces Results of Spectrum Auction (NASDAQ:SBGI)
us.rd.yahoo.com - February 10 at 11:52 PM
streetinsider.com logoSinclair Broadcast Group (SBGI) and Frontier Reach Agreement on ... - StreetInsider.com (NASDAQ:SBGI)
www.streetinsider.com - February 10 at 2:04 AM
finance.yahoo.com logoSinclair Broadcast Group And Frontier Communications Reach Agreement (NASDAQ:SBGI)
finance.yahoo.com - February 10 at 2:04 AM
bizjournals.com logoSinclair's new CEO wants to make the company more visible in Baltimore (NASDAQ:SBGI)
www.bizjournals.com - February 3 at 3:38 AM
News IconSADIF Analytics upgraded Sinclair Broadcast Group Inc ($SBGI). (NASDAQ:SBGI)
reports.pr-inside.com - January 31 at 10:29 PM
News IconAre Insiders Bumping Up Their Positions in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Wall Street Beacon (NASDAQ:SBGI)
wsbeacon.com - January 30 at 9:04 PM
News IconWhat's Ahead For This Dividend Darling: Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Aiken Advocate (NASDAQ:SBGI)
aikenadvocate.com - January 30 at 9:04 PM
News IconFocus on RSI and CCI Levels: Sinclair Broadcast Group Inc. (SBGI) - Springdale Times (NASDAQ:SBGI)
springdaletimes.com - January 29 at 8:13 AM
News IconEarnings in Full Force, Analysts Take Aim at Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Wall Street Beacon (NASDAQ:SBGI)
wsbeacon.com - January 26 at 4:42 AM
News IconTechnical Buzz on Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - The Tribune (NASDAQ:SBGI)
lakecitytribune.com - January 23 at 8:04 PM
capitalcube.com logoSinclair Broadcast Group, Inc. : SBGI-US: Dividend Analysis : December 01st, 2016 (record date) : By the numbers : January 23, 2017 (NASDAQ:SBGI)
www.capitalcube.com - January 23 at 8:04 PM
finance.yahoo.com logoSinclair To Report Fourth Quarter 2016 Results On February 22, 2017 At 7:30am (Eastern Time) (NASDAQ:SBGI)
finance.yahoo.com - January 23 at 8:04 PM
News IconADX in View on Shares of Sinclair Broadcast Group Inc. (SBGI) - Rives Journal (NASDAQ:SBGI)
rivesjournal.com - January 22 at 7:27 PM
capitalcube.com logoSinclair Broadcast Group, Inc. – Value Analysis (NASDAQ:SBGI) : January 19, 2017 (NASDAQ:SBGI)
us.rd.yahoo.com - January 20 at 11:34 PM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Shares - Aiken Advocate (NASDAQ:SBGI)
aikenadvocate.com - January 20 at 6:40 AM
capitalcube.com logoSinclair Broadcast Group, Inc. breached its 50 day moving average in a Bearish Manner : SBGI-US : January 18, 2017 (NASDAQ:SBGI)
us.rd.yahoo.com - January 19 at 2:22 AM
News IconSinclair Broadcast Group, Inc. (SBGI) : What's the Story? - StockNewsJournal (NASDAQ:SBGI)
stocknewsjournal.com - January 18 at 9:20 PM
finance.yahoo.com logoRatings for "Full Measure with Sharyl Attkisson" Grow by 76%, Regularly Beating Cable News Programs on Sunday Mornings (NASDAQ:SBGI)
finance.yahoo.com - January 12 at 9:24 PM
finance.yahoo.com logoSinclair Responds To Multiple Organizations' Misleading And Irresponsible News Coverage (NASDAQ:SBGI)
finance.yahoo.com - January 11 at 10:25 PM
finance.yahoo.com logo11:01 am Sinclair Broadcast comments on recent reports regarding its political coverage of the presidential campaigns; calls the Washington Post 'a once respected newspaper' (NASDAQ:SBGI)
finance.yahoo.com - January 11 at 10:25 PM
4-traders.com logoSINCLAIR BROADCAST : Research Reports Initiation on TV Broadcasters Stocks -- .. (NASDAQ:SBGI)
www.4-traders.com - January 10 at 10:23 PM
investornewswire.com logoSentiments And Ratings Alert: Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Investor Newswire (NASDAQ:SBGI)
www.investornewswire.com - January 10 at 2:26 AM
News IconCompany Stock Watch: Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Wall Street Beacon (NASDAQ:SBGI)
wsbeacon.com - January 10 at 2:26 AM
prnewswire.com logoResearch Reports Initiation on TV Broadcasters Stocks -- Grupo Televisa, TEGNA, Sinclair Broadcast, and Scripps ... - PR Newswire (press release) (NASDAQ:SBGI)
www.prnewswire.com - January 9 at 9:07 AM
biz.yahoo.com logoSINCLAIR BROADCAST GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fin (NASDAQ:SBGI)
biz.yahoo.com - January 6 at 9:43 PM
einnews.com logoSinclair Broadcast Group (SBGI) Trading Near $33.15 Support Level (NASDAQ:SBGI)
brazilbusiness.einnews.com - January 6 at 3:28 AM
finance.yahoo.com logoCost Plus World Market Launches the Australian Open Sweepstakes Now Through January 29, 2017 (NASDAQ:SBGI)
au.finance.yahoo.com - January 6 at 3:28 AM
News IconInvestors are Following Shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) - Wall Street Beacon (NASDAQ:SBGI)
wsbeacon.com - January 5 at 6:20 AM

Social

What is Sinclair Broadcast Group's stock symbol?

Sinclair Broadcast Group trades on the NASDAQ under the ticker symbol "SBGI."

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

Sinclair Broadcast Group declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Wednesday, March 1st will be paid a dividend of $0.18 per share on Wednesday, March 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Monday, February 27th. This is a positive change from Sinclair Broadcast Group's previous quarterly dividend of $0.17.

Where is Sinclair Broadcast Group's stock going? Where will Sinclair Broadcast Group's stock price be in 2017?

3 brokers have issued 1-year price targets for Sinclair Broadcast Group's shares. Their predictions range from $36.00 to $44.00. On average, they expect Sinclair Broadcast Group's stock price to reach $40.00 in the next twelve months.

When will Sinclair Broadcast Group announce their earnings?

Sinclair Broadcast Group is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns Sinclair Broadcast Group stock?

Sinclair Broadcast Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (8.14%), Edge Asset Management Inc. (2.69%), Investec Asset Management LTD (2.09%), Pinnacle Associates Ltd. (1.85%), Dimensional Fund Advisors LP (1.84%) and State Street Corp (1.33%). Company insiders that own Sinclair Broadcast Group stock include Barry Faber, David D Smith, David R Bochenek, Lawrence E Mccanna, Lucy Rutishauser and Martin R Leader.

Who sold Sinclair Broadcast Group stock? Who is selling Sinclair Broadcast Group stock?

Sinclair Broadcast Group's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Allianz Asset Management AG, AQR Capital Management LLC, Kingdon Capital Management L.L.C., Pinnacle Associates Ltd., Dimensional Fund Advisors LP, Denver Investment Advisors LLC and Baird Financial Group Inc.. Company insiders that have sold Sinclair Broadcast Group stock in the last year include Barry Faber and Lawrence E Mccanna.

Who bought Sinclair Broadcast Group stock? Who is buying Sinclair Broadcast Group stock?

Sinclair Broadcast Group's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Biegel & Waller LLC, Folger Hill Asset Management LP, Edge Asset Management Inc., TCW Group Inc., Harvey Partners LLC, Federated Investors Inc. PA and Two Sigma Investments LP.

How do I buy Sinclair Broadcast Group stock?

Shares of Sinclair Broadcast Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sinclair Broadcast Group stock cost?

One share of Sinclair Broadcast Group stock can currently be purchased for approximately $38.55.

Sinclair Broadcast Group (NASDAQ:SBGI) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)

Earnings History Chart

Earnings by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)

Dividend History Chart

Dividend Payments by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)

Last Updated on 2/22/2017 by MarketBeat.com Staff