Sinclair Broadcast Group, Inc operates as a television broadcasting company in the United States. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through its local television stations.
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Industry, Sector and Symbol
Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Phone410-568-1500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.06 billion
Profitability
Miscellaneous
Employees9,000
Next Earnings Date11/6/2019 (Confirmed)
OptionableOptionable
Sinclair Broadcast Group (NASDAQ:SBGI) Frequently Asked Questions
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, August 7th. Stockholders of record on Friday, August 30th will be given a dividend of $0.20 per share on Monday, September 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, August 29th. View Sinclair Broadcast Group's Dividend History.
How were Sinclair Broadcast Group's earnings last quarter?
Sinclair Broadcast Group Inc (NASDAQ:SBGI) issued its earnings results on Wednesday, August, 7th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.66 by $0.04. The business had revenue of $771 million for the quarter, compared to analyst estimates of $764.48 million. Sinclair Broadcast Group had a net margin of 10.60% and a return on equity of 23.05%. The business's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. View Sinclair Broadcast Group's Earnings History.
When is Sinclair Broadcast Group's next earnings date?
How can I listen to Sinclair Broadcast Group's earnings call?
Sinclair Broadcast Group will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Sinclair Broadcast Group issued on next quarter's earnings?
Sinclair Broadcast Group issued an update on its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $744-744 million, compared to the consensus revenue estimate of $761.89 million.
What price target have analysts set for SBGI?
7 brokerages have issued 1-year price targets for Sinclair Broadcast Group's stock. Their forecasts range from $44.00 to $80.00. On average, they expect Sinclair Broadcast Group's stock price to reach $60.50 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View Analyst Price Targets for Sinclair Broadcast Group.
What is the consensus analysts' recommendation for Sinclair Broadcast Group?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinclair Broadcast Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sinclair Broadcast Group.
Has Sinclair Broadcast Group been receiving favorable news coverage?
News articles about SBGI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sinclair Broadcast Group earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Sinclair Broadcast Group.
Are investors shorting Sinclair Broadcast Group?
Sinclair Broadcast Group saw a decrease in short interest in September. As of September 15th, there was short interest totalling 5,290,000 shares, a decrease of 10.2% from the August 15th total of 5,890,000 shares. Based on an average trading volume of 1,190,000 shares, the days-to-cover ratio is currently 4.4 days. Currently, 8.3% of the company's shares are short sold. View Sinclair Broadcast Group's Current Options Chain.
Who are some of Sinclair Broadcast Group's key competitors?
What other stocks do shareholders of Sinclair Broadcast Group own?
Who are Sinclair Broadcast Group's key executives?
Sinclair Broadcast Group's management team includes the folowing people:
- Mr. David D. Smith, Exec. Chairman (Age 68)
- Mr. Christopher S. Ripley, Pres & CEO (Age 42)
- Ms. Lucy A. Rutishauser, Sr. VP & CFO (Age 54)
- Mr. Steven M. Marks, Exec. VP & COO of Sinclair Television Group, Inc. (Age 62)
- Mr. Barry M. Faber, Pres of Distribution & Network Relations (Age 57)
Who are Sinclair Broadcast Group's major shareholders?
Sinclair Broadcast Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Selz Capital LLC (0.27%), Strs Ohio (0.09%), Envestnet Asset Management Inc. (0.06%), Convergence Investment Partners LLC (0.04%), NEXT Financial Group Inc (0.03%) and Campbell & CO Investment Adviser LLC (0.03%). Company insiders that own Sinclair Broadcast Group stock include Barry Faber, Daniel C Keith, David B Amy, David D Smith, David R Bochenek, Lawrence E Mccanna, Robert E Smith and Steven M Marks. View Institutional Ownership Trends for Sinclair Broadcast Group.
Which institutional investors are selling Sinclair Broadcast Group stock?
SBGI stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Brookstone Capital Management, Envestnet Asset Management Inc., Convergence Investment Partners LLC, NEXT Financial Group Inc and Penbrook Management LLC. Company insiders that have sold Sinclair Broadcast Group company stock in the last year include Barry Faber, Daniel C Keith, David B Amy, David R Bochenek, Lawrence E Mccanna, Robert E Smith and Steven M Marks. View Insider Buying and Selling for Sinclair Broadcast Group.
Which institutional investors are buying Sinclair Broadcast Group stock?
How do I buy shares of Sinclair Broadcast Group?
Shares of SBGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Sinclair Broadcast Group's stock price today?
One share of SBGI stock can currently be purchased for approximately $42.20.
How big of a company is Sinclair Broadcast Group?
Sinclair Broadcast Group has a market capitalization of $3.89 billion and generates $3.06 billion in revenue each year. The company earns $341.24 million in net income (profit) each year or $3.35 on an earnings per share basis. Sinclair Broadcast Group employs 9,000 workers across the globe.View Additional Information About Sinclair Broadcast Group.
What is Sinclair Broadcast Group's official website?
How can I contact Sinclair Broadcast Group?
Sinclair Broadcast Group's mailing address is 10706 BEAVER DAM ROAD, HUNT VALLEY MD, 21030. The company can be reached via phone at 410-568-1500.
MarketBeat Community Rating for Sinclair Broadcast Group (NASDAQ SBGI)
MarketBeat's community ratings are surveys of what our community members think about Sinclair Broadcast Group and other stocks. Vote "Outperform" if you believe SBGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
