Sinclair Broadcast Group Stock Forecast, Price & News

-0.62 (-2.14 %)
(As of 07/30/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume356,546 shs
Average Volume456,871 shs
Market Capitalization$2.13 billion
P/E RatioN/A
Dividend Yield2.83%
30 days | 90 days | 365 days | Advanced Chart
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About Sinclair Broadcast Group

Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Broadcast and Local Sports. 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. As of December 31, 2020, it owned, operated, and provided services to 188 stations in 88 markets, which broadcast 628 channels. The company also owns and operates various networks carried on distribution platforms; and Tennis Channel, a cable network that includes coverage of various tennis' top tournaments, and original professional sport and tennis lifestyle shows. In addition, it owns regional sports network, which has the exclusive rights to air games of 45 professional sports teams and other sporting events. Further, the company offers digital agency services; and provides technical services to the broadcast industry, as well as designs and manufactures broadcast systems, including transmitters and antennas. Additionally, it owns various non-media related investments, including private equity, mezzanine financing, and real estate investments. It also offers Tennis Magazine, a sport's print publication; and operates, an online tennis platform. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.43 out of 5 stars

Consumer Discretionary Sector

48th out of 242 stocks

Television Broadcasting Stations Industry

6th out of 13 stocks

Analyst Opinion: 2.0Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -
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Sinclair Broadcast Group (NASDAQ:SBGI) Frequently Asked Questions

Is Sinclair Broadcast Group a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinclair Broadcast Group in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Sinclair Broadcast Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBGI, but not buy additional shares or sell existing shares.
View analyst ratings for Sinclair Broadcast Group
or view top-rated stocks.

What stocks does MarketBeat like better than Sinclair Broadcast Group?

Wall Street analysts have given Sinclair Broadcast Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sinclair Broadcast Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Sinclair Broadcast Group's next earnings date?

Sinclair Broadcast Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Sinclair Broadcast Group

How can I listen to Sinclair Broadcast Group's earnings call?

Sinclair Broadcast Group will be holding an earnings conference call on Wednesday, August 4th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Sinclair Broadcast Group's earnings last quarter?

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) posted its quarterly earnings data on Tuesday, May, 4th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($2.18) by $2.02. The business earned $1.51 billion during the quarter, compared to analyst estimates of $1.47 billion. Sinclair Broadcast Group had a negative trailing twelve-month return on equity of 163.38% and a negative net margin of 42.82%. The firm's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.35 EPS.
View Sinclair Broadcast Group's earnings history

How has Sinclair Broadcast Group's stock price been impacted by COVID-19?

Sinclair Broadcast Group's stock was trading at $19.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SBGI stock has increased by 47.0% and is now trading at $28.29.
View which stocks have been most impacted by COVID-19

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, May 5th. Investors of record on Tuesday, June 1st will be given a dividend of $0.20 per share on Tuesday, June 15th. This represents a $0.80 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Friday, May 28th.
View Sinclair Broadcast Group's dividend history

Is Sinclair Broadcast Group a good dividend stock?

Sinclair Broadcast Group pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.83%. Sinclair Broadcast Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Sinclair Broadcast Group is 10.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Sinclair Broadcast Group will have a dividend payout ratio of 78.43% in the coming year. This indicates that Sinclair Broadcast Group may not be able to sustain their current dividend.
View Sinclair Broadcast Group's dividend history.

What guidance has Sinclair Broadcast Group issued on next quarter's earnings?

Sinclair Broadcast Group issued an update on its second quarter 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $1.58 billion-$1.62 billion, compared to the consensus revenue estimate of $1.54 billion.

What price target have analysts set for SBGI?

4 brokers have issued 1-year price objectives for Sinclair Broadcast Group's stock. Their forecasts range from $31.00 to $35.00. On average, they anticipate Sinclair Broadcast Group's stock price to reach $33.33 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts' price targets for Sinclair Broadcast Group
or view top-rated stocks among Wall Street analysts.

Who are Sinclair Broadcast Group's key executives?

Sinclair Broadcast Group's management team includes the following people:
  • Mr. David D. Smith, Exec. Chairman (Age 70, Pay $2.41M)
  • Mr. Christopher S. Ripley, Pres & CEO (Age 44, Pay $2.41M)
  • Ms. Lucy A. Rutishauser, Exec. VP & CFO (Age 56, Pay $1.45M)
  • Dr. Frederick G. Smith, VP & Director (Age 71)
  • Mr. Barry M. Faber, Pres of Distribution & Network Relations (Age 59, Pay $2.9M)
  • Mr. J. Duncan Smith, VP, Sec. & Director (Age 67)
  • Mr. Robert D. Weisbord, Pres of Broadcast & Chief Advter. Revenue Officer (Age 58, Pay $1.63M)
  • Mr. David R. Bochenek, Sr. VP & Chief Accounting Officer (Age 58)
  • Mr. Delbert R. Parks III, Exec. VP & CTO (Age 68)
  • Mr. Brian S. Bark, Sr. VP & Chief Information Officer (Age 52)

What is Christopher Ripley's approval rating as Sinclair Broadcast Group's CEO?

133 employees have rated Sinclair Broadcast Group CEO Christopher Ripley on Christopher Ripley has an approval rating of 51% among Sinclair Broadcast Group's employees. This puts Christopher Ripley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

What other stocks do shareholders of Sinclair Broadcast Group own?

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

What is Sinclair Broadcast Group's stock symbol?

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

Who are Sinclair Broadcast Group's major shareholders?

Sinclair Broadcast Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (2.41%), Capital Management Corp VA (0.65%), Dupont Capital Management Corp (0.03%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%), Rathbone Brothers plc (0.01%) and Exchange Traded Concepts LLC (0.01%). Company insiders that own Sinclair Broadcast Group stock include Barry Faber, Benson E Legg, Daniel C Keith, David B Gibber, David D Smith, David R Bochenek, Frederick G Smith, Howard E Friedman, J Duncan Smith, Lawrence E Mccanna and Ruth Louisa Villigerwilson.
View institutional ownership trends for Sinclair Broadcast Group

Which major investors are selling Sinclair Broadcast Group stock?

SBGI stock was sold by a variety of institutional investors in the last quarter, including Capital Management Corp VA, Dupont Capital Management Corp, and Vaughan Nelson Investment Management L.P.. Company insiders that have sold Sinclair Broadcast Group company stock in the last year include Barry Faber, Benson E Legg, Daniel C Keith, David B Gibber, David D Smith, David R Bochenek, Frederick G Smith, Howard E Friedman, J Duncan Smith, Lawrence E Mccanna, and Ruth Louisa Villigerwilson.
View insider buying and selling activity for Sinclair Broadcast Group
or view top insider-selling stocks.

Which major investors are buying Sinclair Broadcast Group stock?

SBGI stock was bought by a variety of institutional investors in the last quarter, including Rathbone Brothers plc, Zurcher Kantonalbank Zurich Cantonalbank , Exchange Traded Concepts LLC, and Cutler Group LP. Company insiders that have bought Sinclair Broadcast Group stock in the last two years include Frederick G Smith, and Howard E Friedman.
View insider buying and selling activity for Sinclair Broadcast Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sinclair Broadcast Group's stock price today?

One share of SBGI stock can currently be purchased for approximately $28.29.

How much money does Sinclair Broadcast Group make?

Sinclair Broadcast Group has a market capitalization of $2.13 billion and generates $5.94 billion in revenue each year. The company earns $-2,414,000,000.00 in net income (profit) each year or $7.84 on an earnings per share basis.

How many employees does Sinclair Broadcast Group have?

Sinclair Broadcast Group employs 11,600 workers across the globe.

What is Sinclair Broadcast Group's official website?

The official website for Sinclair Broadcast Group is

Where are Sinclair Broadcast Group's headquarters?

Sinclair Broadcast Group is headquartered at 10706 BEAVER DAM ROAD, HUNT VALLEY MD, 21030.

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.

This page was last updated on 8/1/2021 by Staff
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