NASDAQ:SBGI Sinclair (SBGI) Stock Price, News & Analysis $15.38 +0.27 (+1.79%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$15.19▼$15.6350-Day Range$11.30▼$15.5752-Week Range$9.39▼$17.58Volume204,507 shsAverage Volume394,496 shsMarket Capitalization$1.02 billionP/E RatioN/ADividend Yield6.50%Price Target$18.14 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sinclair alerts: Email Address Sinclair MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside17.9% Upside$18.14 Price TargetShort InterestBearish8.57% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.62Upright™ Environmental ScoreNews Sentiment0.82Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom $3.75 to ($0.65) Per ShareSee Full Details Hide Full Details 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.3.88 out of 5 starsConsumer Discretionary Sector94th out of 279 stocksTelevision Broadcasting Stations Industry4th out of 11 stocks 2.1 Analyst's Opinion Consensus RatingSinclair has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageSinclair has received no research coverage in the past 90 days.Read more about Sinclair's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.57% of the float of Sinclair has been sold short.Short Interest Ratio / Days to CoverSinclair has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Sinclair has recently decreased by 3.57%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipSinclair is a leading dividend payer. It pays a dividend yield of 6.62%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSinclair does not have a long track record of dividend growth.Read more about Sinclair's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSinclair has received a 34.37% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Broadcasting of world news television programs following principles of journalistic ethics", "Broadcasting of sports events", and "Broadcasting of movies and documentaries" products. See details.Environmental SustainabilityThe Environmental Impact score for Sinclair is -0.62. Previous Next 3.2 News and Social Media Coverage News SentimentSinclair has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Sinclair this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for SBGI on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows3 people have added Sinclair to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sinclair insiders have not sold or bought any company stock.Percentage Held by Insiders46.60% of the stock of Sinclair is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.71% of the stock of Sinclair is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sinclair's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sinclair are expected to decrease in the coming year, from $3.75 to ($0.65) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sinclair is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sinclair is -2.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioSinclair has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSinclair has a P/B Ratio of 4.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sinclair's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Oxford ClubMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.Watch Alex's "Next Magnificent Seven" presentation now. About Sinclair Stock (NASDAQ: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 free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; and TBD, a multiscreen TV network. The Tennis segment offers Tennis Channel, a cable network which includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International streaming service; Tennis Channel Plus streaming service; T2 FAST, a 24-hours a day free ad-supported streaming television channel; and Tennis.com and Pickleballtv. It also provides digital and internet solutions; and technical services, including the design and manufacture of broadcast systems. 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, and other original programming. Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland.Read More SBGI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBGI Stock News HeadlinesJuly 22, 2024 | tmcnet.comSinclair Announces 2024 Annual Diversity Scholarship Winners, Shaping the Future of BroadcastingJuly 22, 2024 | businesswire.comSinclair Announces 2024 Annual Diversity Scholarship Winners, Shaping the Future of BroadcastingJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 8, 2024 | globenewswire.comCall2Recycle announces Canadian soccer legend Christine Sinclair as Ambassador of the ‘Recycle Your Batteries, Canada!' programJune 26, 2024 | investorplace.com7 Stocks With the Highest (Sustainable) Dividend Yields in 2024June 24, 2024 | businesswire.comJerald Fritz to Retire from Sinclair/ONE MediaJune 19, 2024 | businesswire.comMajor Broadcasters Launch NextGen TV on Four Local Television Stations in Myrtle Beach-Florence, SCJune 12, 2024 | businesswire.comSinclair Elects Board and Ratifies Independent AuditorJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.June 8, 2024 | seekingalpha.comSinclair: Despite Key Catalysts, Long-Term Issues Are A ProblemJune 3, 2024 | prnewswire.comCHATHAM ASSET MANAGEMENT SENDS LETTER TO SINCLAIR REGARDING REFINANCING EFFORTSMay 30, 2024 | businesswire.comSinclair Wins 22 RTDNA Regional Edward R. Murrow AwardsMay 29, 2024 | finance.yahoo.comFour Days Left To Buy Sinclair, Inc. (NASDAQ:SBGI) Before The Ex-Dividend DateMay 28, 2024 | investorplace.comRoll Credits on AMC: Buy These 7 Entertainment Stocks InsteadMay 22, 2024 | businesswire.comSinclair Wins 16 Telly AwardsMay 12, 2024 | finance.yahoo.comSinclair, Inc. Just Reported A Surprise Profit And Analysts Updated Their EstimatesMay 10, 2024 | msn.comSinclair Broadcasting (NASDAQ:SBGI) Plans Massive Sale, Shares PlummetMay 10, 2024 | finance.yahoo.comSinclair Inc. (SBGI) Q1 2024 Earnings: Meets Revenue Expectations and Exceeds Adjusted EBITDA ...See More Headlines Receive SBGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sinclair and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Television broadcasting stations Sub-IndustryBroadcasting Current SymbolNASDAQ:SBGI CUSIP82922610 CIK912752 Webwww.sbgi.net Phone(410) 568-1500Fax410-568-1533Employees7,300Year Founded1986Price Target and Rating Average Stock Price Target$18.14 High Stock Price Target$25.00 Low Stock Price Target$13.00 Potential Upside/Downside+17.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($7.12) Trailing P/E RatioN/A Forward P/E Ratio4.10 P/E Growth0.28Net Income$-291,000,000.00 Net Margins-14.34% Pretax Margin-19.15% Return on Equity-2.65% Return on Assets-0.19% Debt Debt-to-Equity Ratio15.29 Current Ratio1.42 Quick Ratio1.42 Sales & Book Value Annual Sales$3.13 billion Price / Sales0.32 Cash FlowN/A Price / Cash FlowN/A Book Value$3.48 per share Price / Book4.42Miscellaneous Outstanding Shares66,180,000Free Float35,339,000Market Cap$1.02 billion OptionableOptionable Beta1.56 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. David D. Smith (Age 73)Executive Chairman of the Board Comp: $3.46MMr. Christopher S. Ripley (Age 47)President & CEO Comp: $3.46MMs. Lucy A. Rutishauser (Age 59)Executive VP & CFO Comp: $1.7MMr. Robert D. Weisbord (Age 61)COO & President of Broadcast Comp: $3.21MMr. David B. Gibber (Age 41)Executive VP & Chief Legal Officer Comp: $1.25MDr. Frederick G. Smith (Age 74)VP & Director Mr. J. Duncan Smith (Age 70)VP, Secretary & Director Mr. David R. Bochenek (Age 61)Senior VP & Chief Accounting Officer Mr. Michael J. KralecSenior VP & CTOMr. Brian S. Bark (Age 54)Executive VP & Chief Information Officer More ExecutivesKey CompetitorsCentral European Media EnterprisesNASDAQ:CETVEntravision CommunicationsNYSE:EVCBeasley Broadcast GroupNASDAQ:BBGISalem Media GroupNASDAQ:SALMFormula One GroupNASDAQ:FWONAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 21,360 shares on 7/26/2024Ownership: 0.676%Hennion & Walsh Asset Management Inc.Bought 6,065 shares on 7/20/2024Ownership: 0.029%Williams Financial LLCBought 17,472 shares on 7/19/2024Ownership: 0.026%ARS Investment Partners LLCBought 23,186 shares on 7/17/2024Ownership: 0.035%Prospect Financial Services LLCBought 2,000 shares on 7/15/2024Ownership: 0.042%View All Insider TransactionsView All Institutional Transactions SBGI Stock Analysis - Frequently Asked Questions How have SBGI shares performed this year? Sinclair's stock was trading at $13.03 on January 1st, 2024. Since then, SBGI shares have increased by 18.0% and is now trading at $15.38. View the best growth stocks for 2024 here. How were Sinclair's earnings last quarter? Sinclair, Inc. (NASDAQ:SBGI) issued its quarterly earnings data on Wednesday, May, 8th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of ($0.54) by $0.97. The company had revenue of $798 million for the quarter, compared to the consensus estimate of $798.68 million. Sinclair had a negative net margin of 14.34% and a negative trailing twelve-month return on equity of 2.65%. 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. Who are Sinclair's major shareholders? Top institutional shareholders of Sinclair include Bank of New York Mellon Corp (0.68%), Prospect Financial Services LLC (0.04%), ARS Investment Partners LLC (0.04%) and Hennion & Walsh Asset Management Inc. (0.03%). Insiders that own company stock include Howard E Friedman, Daniel C Keith, David B Gibber, Jeffrey Edward Lewis, Lawrence E Mccanna and David R Bochenek. 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. What other stocks do shareholders of Sinclair own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sinclair investors own include Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Gilead Sciences (GILD), AT&T (T), Intel (INTC) and Micron Technology (MU). This page (NASDAQ:SBGI) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all...Stansberry Research | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new comp...The Oxford Club | SponsoredThe asset beating inflation by 4xCentral Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire invest...Colonial Metals | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sinclair, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Sinclair With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
