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Sinclair Broadcast (SBGI)
NASDAQ:SBGI
Holding SBGI?
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SBGI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.39 - $17.59
Previous Close$14
Volume447.79K
Average Volume (3M)390.42K
Market Cap
$929.07M
Enterprise Value$4.79B
Total Cash (Recent Filing)$378.00M
Total Debt (Recent Filing)$4.31B
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Oct 30, 2024EPS Estimate
$0.93Last Dividend Ex-Date
Aug 30, 2024Dividend Yield7.25%
Share Statistics
EPS (TTM)-5.48
Shares Outstanding66,362,303
10 Day Avg. Volume408,721
30 Day Avg. Volume390,417
Standard Deviation0.14
R-Squared0.34
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)2.73
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)-0.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.49
Enterprise Value/Gross Profit3.25
Enterprise Value/Ebitda-4.98
Forecast
1Y Price Target
$16.00Price Target Upside14.53% Upside
Rating ConsensusHold
Number of Analyst Covering1
Sinclair Broadcast News
Bulls Say, Bears Say
Bulls Say
Advertising TrendsSBGI's ad tech pricing tools are driving strong local trends, with core accelerating to 2-6% year-over-year for Q2.
PartnershipsSBGI is seeing solid core trends and has a deal with Netflix to bring in local ad demand.
Strategic SalesSBGI could look to sell stations representing ~$1.5bn in revenue, which would likely be significantly deleveraging and accretive.
Bears Say
EarningsA major risk for Tennis Channel is the contract renewal in 2025, which could significantly impact EBITDA.
Financial PerformanceThere's a lot of debt and not much free cash flow, so the target price remains unchanged at $13.
Risk ManagementThe key risk is letting the wolf into the local ad sales hen house, which could lead to eventual disintermediation.
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Ownership Overview
5.72% Insiders
18.57% Mutual Funds
42.80% Other Institutional Investors
32.90% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SBGI FAQ
What was Sinclair Broadcast’s price range in the past 12 months?
Sinclair Broadcast lowest stock price was $9.39 and its highest was $17.59 in the past 12 months.
What is Sinclair Broadcast’s market cap?
Currently, no data Available
When is Sinclair Broadcast’s upcoming earnings report date?
Sinclair Broadcast’s upcoming earnings report date is Oct 30, 2024 which is in 42 days.
How were Sinclair Broadcast’s earnings last quarter?
Sinclair Broadcast released its earnings results on Aug 07, 2024. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of -$0.078 by $0.348.
Is Sinclair Broadcast overvalued?
According to Wall Street analysts Sinclair Broadcast’s price is currently Undervalued.
Does Sinclair Broadcast pay dividends?
Sinclair Broadcast pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 7.25%. See more information on Sinclair Broadcast dividends here
What is Sinclair Broadcast’s EPS estimate?
Sinclair Broadcast’s EPS estimate is $0.93.
How many shares outstanding does Sinclair Broadcast have?
Sinclair Broadcast has 42,587,246 shares outstanding.
What happened to Sinclair Broadcast’s price movement after its last earnings report?
Sinclair Broadcast reported an EPS of $0.27 in its last earnings report, beating expectations of -$0.078. Following the earnings report the stock price went up 2.739%.
Which hedge fund is a major shareholder of Sinclair Broadcast?
Among the largest hedge funds holding Sinclair Broadcast’s share is Gamco Investors, Inc. ET AL. It holds Sinclair Broadcast’s shares valued at 48M.
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Sinclair Broadcast Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Hold
Average Price Target:
$16.00 (14.53% Upside)
$16.00 (14.53% Upside)
Blogger Sentiment
Bearish
SBGI Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 229.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.73%
12-Months-Change
Fundamentals
Return on Equity
-66.60%
Trailing 12-Months
Asset Growth
-8.31%
Trailing 12-Months
Company Description
Sinclair Broadcast
Sinclair Broadcast Group, Inc. is a television broadcasting company, which engages in the provision of content on local television stations and digital and other platforms. It operates through Broadcast segment. The Broadcast segment provides free over-the-air programming to television viewing audiences in the communities through local television stations. Its primary channels consists of network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.
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SBGI Company Deck
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SBGI Earnings Call
Q2 2024
0:00 / 0:00
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SBGI Stock 12 Month Forecast
Average Price Target
$16.00
▲(14.53% Upside)
Technical Analysis
Best Analysts Covering SBGI
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
+11.40%
reiterated a buy rating 7 months ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +11.40% per trade.
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