Sinclair Broadcast Group Company Profile (NASDAQ:SBGI)

About Sinclair Broadcast Group (NASDAQ:SBGI)

Sinclair Broadcast Group logoSinclair Broadcast Group, Inc. is a television broadcasting company. The Company focuses on providing content on its local television stations and digital platforms. The Company's segments are broadcast, other and corporate. The Broadcast segment consists of its broadcast television stations. The content distributed through its broadcast platform consists of programming provided by third-party networks and syndicators, local news, it owns networks, and other original programming produced by it. It also owns digital and Internet media products that are complementary to its portfolio of television station related digital properties. It focuses on offering marketing solutions to advertisers. Its other business consists of original networks and content, digital and Internet solutions, technical services and other non-media investments.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting
  • Sub-Industry: Broadcasting
  • Symbol: NASDAQ:SBGI
  • CUSIP: 82922610
  • Web:
  • Market Cap: $3.12 billion
  • Outstanding Shares: 102,700,000
Average Prices:
  • 50 Day Moving Avg: $29.91
  • 200 Day Moving Avg: $33.59
  • 52 Week Range: $24.15 - $43.05
  • Trailing P/E Ratio: 10.54
  • Foreward P/E Ratio: 9.60
  • P/E Growth: 7.54
Sales & Book Value:
  • Annual Revenue: $2.82 billion
  • Price / Sales: 1.11
  • Book Value: $11.28 per share
  • Price / Book: 2.69
  • Annual Dividend: $0.72
  • Dividend Yield: 2.5%
  • EBITDA: $893.47 million
  • Net Margins: 9.70%
  • Return on Equity: 32.06%
  • Return on Assets: 4.29%
  • Debt-to-Equity Ratio: 3.46%
  • Current Ratio: 2.65%
  • Quick Ratio: 2.65%
  • Average Volume: 1.83 million shs.
  • Beta: 1.83
  • Short Ratio: 8.06

Frequently Asked Questions for Sinclair Broadcast Group (NASDAQ:SBGI)

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 announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, September 1st will be paid a dividend of $0.18 per share on Friday, September 15th. This represents a $0.72 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Wednesday, August 30th. View Sinclair Broadcast Group's Dividend History.

How were Sinclair Broadcast Group's earnings last quarter?

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.43 earnings per share for the quarter, meeting the consensus estimate of $0.43. The firm earned $679.30 million during the quarter, compared to analysts' expectations of $678.23 million. Sinclair Broadcast Group had a net margin of 9.70% and a return on equity of 32.06%. Sinclair Broadcast Group's revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 EPS. View Sinclair Broadcast Group's Earnings History.

When will Sinclair Broadcast Group make its next earnings announcement?

Sinclair Broadcast Group is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Sinclair Broadcast Group.

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

5 brokerages have issued 1 year target prices for Sinclair Broadcast Group's stock. Their predictions range from $42.00 to $55.00. On average, they expect Sinclair Broadcast Group's share price to reach $48.60 in the next twelve months. View Analyst Ratings for Sinclair Broadcast Group.

What are analysts saying about Sinclair Broadcast Group stock?

Here are some recent quotes from research analysts about Sinclair Broadcast Group stock:

  • 1. According to Zacks Investment Research, "Sinclair Broadcast Group is a diversified broadcasting company that owns or provides programming services pursuant to local marketing agreements to more television stations than any other commercial broadcasting group in the United States. " (10/4/2017)
  • 2. Wedbush analysts commented, "Wedbush view: after a 4.5% jump after results, we expect SBGI to remain range-bound near-term, but maintain our long-term OUTPERFORM view given positive tells on the deregulation outlook. While SBGI reported a slightly 4Q miss and guided to the low end of its previous 2-year avg. FCF guidance, we expect near future deregulatory rulings (in particularly, potential near-term reinstatement of the UHF discount) to put SBGI back in the M&A game' SBGI guided to low end of its guidance for 2016/17 average FCF of $950m- 1,025m and provided guidance for 2017/18 average FCF of $950-1,025m. Lower guidance for 2016/17 reflects lower political ad revenue in 2016 and higher opex for 1) acquisitions, initiatives and system upgrades and 2) reverseretransmission fees. While raising our FY2017E revenue for higher retransmission revenue and core advertising growth (to 3% from 0%), we lower our 2016/17 avg. PF FCF estimate to $951m from $972m, and introduce our 2017/2018 avg. PF FCF estimate of $981m ($5.49/share)." (2/23/2017)

Are investors shorting Sinclair Broadcast Group?

Sinclair Broadcast Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 13,519,941 shares, an increase of 14.4% from the August 31st total of 11,821,610 shares. Based on an average daily trading volume, of 1,625,185 shares, the short-interest ratio is currently 8.3 days. Currently, 17.9% of the shares of the stock are sold short.

Who are some of Sinclair Broadcast Group's key competitors?

Who are Sinclair Broadcast Group's key executives?

Sinclair Broadcast Group's management team includes the folowing people:

  • David D. Smith, Executive Chairman, Chairman of the Board and Director
  • Christopher S. Ripley, President, Chief Executive Officer
  • David B. Amy, Vice Chairman of the Board
  • Lucy A. Rutishauser, Chief Financial Officer, Senior Vice President, Treasurer
  • Steven M. Marks, Chief Operating Officer, Executive Vice President
  • Barry M. Faber, Executive Vice President, General Counsel, Distribution and Network Relations
  • Steven J. Pruett, Executive Vice President, Chief TV Development Officer
  • David R. Bochenek, Senior Vice President, Chief Accounting Officer
  • Donald H. Thompson, Senior Vice President - Human Resources
  • Rebecca J. Hanson, Senior Vice President - Strategy and Policy

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.

What is Sinclair Broadcast Group's stock price today?

One share of Sinclair Broadcast Group stock can currently be purchased for approximately $30.35.

MarketBeat Community Rating for Sinclair Broadcast Group (NASDAQ SBGI)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  135 (Vote Underperform)
Total Votes:  328
MarketBeat's community ratings are surveys of what our community members think about Sinclair Broadcast Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sinclair Broadcast Group (NASDAQ:SBGI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $48.60 (60.13% upside)
Consensus Price Target History for Sinclair Broadcast Group (NASDAQ:SBGI)
Price Target History for Sinclair Broadcast Group (NASDAQ:SBGI)
Analysts' Ratings History for Sinclair Broadcast Group (NASDAQ:SBGI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/2/2017Wells Fargo & CompanyReiterated RatingOutperform$55.00HighView Rating Details
8/1/2017Benchmark Co.Boost Price TargetBuy -> Buy$52.00 -> $55.00MediumView Rating Details
7/5/2017Royal Bank Of CanadaReiterated RatingBuy$45.00LowView Rating Details
6/3/2017StephensSet Price TargetBuy$46.00LowView Rating Details
2/23/2017WedbushBoost Price TargetOutperform -> Outperform$36.00 -> $42.00N/AView Rating Details
(Data available from 10/18/2015 forward)


Earnings History for Sinclair Broadcast Group (NASDAQ:SBGI)
Earnings by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)
Earnings History by Quarter for Sinclair Broadcast Group (NASDAQ SBGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.43N/AView Earnings Details
8/2/2017Q2 2017$0.43$0.43$678.23 million$679.30 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.29$0.32$646.94 million$649.90 millionViewListenView Earnings Details
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)


Earnings Estimates for Sinclair Broadcast Group (NASDAQ:SBGI)
2017 EPS Consensus Estimate: $2.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.33$0.33$0.33
Q2 20171$0.52$0.52$0.52
Q3 20171$0.54$0.54$0.54
Q4 20171$0.86$0.86$0.86
(Data provided by Zacks Investment Research)


Current Dividend Information for Sinclair Broadcast Group (NASDAQ:SBGI)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.72
Dividend Yield:2.37%
Payout Ratio:24.83% (Trailing 12 Months of Earnings)
35.82% (Based on This Year's Estimates)
22.78% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)

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

Insider Trades

Insider Trading and Institutional Ownership History for Sinclair Broadcast Group (NASDAQ:SBGI)
Insider Ownership Percentage: 28.20%
Institutional Ownership Percentage: 80.87%
Insider Trades by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)
Institutional Ownership by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)
Insider Trades by Quarter for Sinclair Broadcast Group (NASDAQ:SBGI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Howard E FriedmanDirectorSell1,010$31.98$32,299.80View SEC Filing  
6/14/2017Lawrence E. MccannaDirectorSell2,000$34.75$69,500.00View SEC Filing  
5/5/2017David D SmithInsiderBuy4,400$36.77$161,788.00View SEC Filing  
3/2/2017Barry FaberVPSell9,922$41.24$409,183.28View SEC Filing  
3/2/2017David B. AmyVice ChairmanSell28,000$40.87$1,144,360.00View SEC Filing  
3/2/2017David R. BochenekInsiderSell5,000$41.38$206,900.00View SEC Filing  
3/2/2017Lucy RutishauserCFOSell2,437$41.22$100,453.14View SEC Filing  
3/2/2017Martin R LeaderDirectorSell10,000$41.16$411,600.00View SEC Filing  
2/28/2017J Duncan SmithInsiderSell70,000$40.15$2,810,500.00View SEC Filing  
2/23/2017David R. BochenekInsiderSell5,000$39.81$199,050.00View SEC Filing  
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)


Headline Trends for Sinclair Broadcast Group (NASDAQ:SBGI)
Latest Headlines for Sinclair Broadcast Group (NASDAQ:SBGI)
DateHeadline logoSinclair Broadcast Group (SBGI) Said to Seek TV Stations Sales Worth $1B - Bloomberg - - October 17 at 7:04 AM logoSinclair Broadcast Group, Inc. – Value Analysis (NASDAQ:SBGI) : October 16, 2017 - October 17 at 7:04 AM logoSinclair Broadcast Group, Inc. (SBGI) Given Consensus Recommendation of "Buy" by Analysts - October 15 at 4:46 AM logoSinclair Broadcast Group, Inc. breached its 50 day moving average in a Bearish Manner : SBGI-US : October 13, 2017 - October 14 at 7:36 AM logoFCC Weighs Revamping Ownership Rules Before Sinclair Deal - October 14 at 7:36 AM logoSinclair Stations Honored with National Edward R. Murrow Awards - October 12 at 8:55 PM logo[$$] House Passes Disaster Relief, Puerto Rico Credit Bill - October 12 at 8:55 PM logo[$$] House Expected to Pass Disaster Relief, Puerto Rico Credit Bill - October 12 at 3:51 PM logoShould You Buy Sinclair Broadcast Group Inc (SBGI)? - October 12 at 9:16 AM logoSinclair To Report Third Quarter 2017 Results On November 1, 2017 At 7:30am (Eastern Time) - October 12 at 9:16 AM logoSinclair Names Guyanne Taylor to General Manager in Amarillo, Texas - October 12 at 9:16 AM logoQYOU strikes again in Portugal with NOWO - October 10 at 6:38 AM logo Brokerages Expect Sinclair Broadcast Group, Inc. (SBGI) Will Announce Quarterly Sales of $664.14 Million - October 9 at 1:36 AM logoHead to Head Analysis: Liberty Media Corporation (BATRK) & Sinclair Broadcast Group (SBGI) - October 8 at 10:34 PM logoAnalyzing Sinclair Broadcast Group (SBGI) & The Competition - October 8 at 4:34 AM logoHead to Head Survey: Sinclair Broadcast Group (SBGI) & Its Peers - October 6 at 4:10 PM logoSinclair Filing to Clarify How It Can Complete Tribune Media Acquisition - October 6 at 8:43 AM logoSinclair Broadcast Group, Inc. (SBGI) Director Howard E. Friedman Sells 1,010 Shares - October 3 at 4:30 PM logoSinclair -4.1% on report Fox sees sweeter affiliate deal from Ion - October 3 at 12:08 PM logoSinclair Promotes Shane Schwirian to General Manager in Charleston-Huntington, West Virginia - October 3 at 12:08 PM logoWells Fargo & Company Reiterates Outperform Rating for Sinclair Broadcast Group, Inc. (SBGI) - October 2 at 1:56 PM logoQYOU Achieves 100 Million Reach Milestone - October 2 at 9:43 AM logoShort Interest in Sinclair Broadcast Group, Inc. (SBGI) Expands By 14.4% - September 28 at 3:18 AM logoContrasting Sinclair Broadcast Group (SBGI) and The Competition - September 25 at 6:32 AM logoWhat Does Sinclair Broadcast Group Inc’s (SBGI) Share Price Indicate? - September 24 at 7:40 AM logoPolitics Hang Heavy Over FCC's Review of Sinclair-Tribune Media - September 23 at 5:15 AM logoSinclair Broadcast Group, Inc. : SBGI-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017 - September 23 at 5:15 AM logoSinclair Broadcast Group (SBGI) versus Its Competitors Head-To-Head Comparison - September 22 at 2:16 PM logoComparing Sinclair Broadcast Group (SBGI) and Its Competitors - September 22 at 2:20 AM logoSinclair Broadcast Group, Inc. (SBGI) Expected to Post Quarterly Sales of $664.14 Million - September 21 at 9:30 AM logoFCC asks Sinclair to back up its claims about Tribune deal - September 20 at 8:45 AM logoSinclair Broadcast Group, Inc. (SBGI) Receives Consensus Rating of "Buy" from Analysts - September 20 at 4:44 AM logoSinclair Promotes James Grilli To General Manager In Dayton, Ohio - September 19 at 7:25 AM logoSinclair Broadcast Group (SBGI) and The Competition Head-To-Head Review - September 17 at 2:50 PM logoSinclair Kicks Off 2017-2018 High School Sports Season - September 14 at 9:43 AM logoSinclair Broadcast Group Announces Expanded National Investigative Initiative - September 13 at 8:50 AM logoTechnical Snapshots for these TV Broadcasters Stocks -- Sinclair Broadcast ... - September 11 at 6:36 AM logoSinclair Broadcast Group (SBGI) & its Competitors Head to Head Survey - September 11 at 12:08 AM logoAnalyzing Liberty Media Corporation (BATRK) & Sinclair Broadcast Group (SBGI) - September 10 at 10:40 AM logoAnalyzing Comcast Corporation (CMCSA) & Sinclair Broadcast Group (SBGI) - September 7 at 10:03 AM logoSinclair Raises Almost $1.35 Million For Hurricane Harvey Relief Effort, Donates $100,000 - September 7 at 8:41 AM logoSinclair Closes On Acquisition Of Bonten Media Group Holdings, Inc. - September 6 at 8:01 AM logoSinclair closes on $240M deal for New York-based television broadcaster - September 6 at 8:01 AM logoSinclair Broadcast Group (SBGI) Reports Affiliation Agreement Renewals With FOX Broadcasting Company In Five Markets - September 1 at 8:27 AM logoTennis Channel, Owned by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI),  to Ring The Nasdaq Stock Market Opening Bell - August 30 at 8:58 AM logoSinclair Cares Teams Up With The Salvation Army On Sinclair "Standing Strong For Texas" Relief Effort; Sinclair To Match First $100,000 Donated - August 30 at 8:57 AM logoUnder Armour, Sinclair Broadcast among Greater Baltimore companies helping with hurricane relief - August 30 at 8:57 AM logoTennis Channel, Owned by Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), to Ring The Nasdaq Stock Market Opening Bell - August 29 at 11:34 AM logoSinclair lists $2M investment at Seattle’s KOMO TV in defense of Tribune takeover - August 29 at 7:33 AM logoETFs with exposure to Sinclair Broadcast Group, Inc. : August 28, 2017 - August 29 at 7:33 AM



Sinclair Broadcast Group (SBGI) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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