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SBGI

SBGI - Sinclair Broadcast Group Inc Stock Price, Fair Value and News

12.74USD+0.32 (+2.58%)Market Closed

Market Summary

SBGI
USD12.74+0.32
Market Closed
2.58%

SBGI Stock Price

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SBGI RSI Chart

SBGI Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

-3.56

Price/Sales (Trailing)

0.33

EV/EBITDA

-19.88

Price/Free Cashflow

7.24

SBGI Price/Sales (Trailing)

SBGI Profitability

EBT Margin

-20.33%

Return on Equity

-131.67%

Return on Assets

-4.78%

Free Cashflow Yield

13.81%

SBGI Fundamentals

SBGI Revenue

Revenue (TTM)

3.1B

Rev. Growth (Yr)

-41.88%

Rev. Growth (Qtr)

-27.81%

SBGI Earnings

Earnings (TTM)

-291.0M

Earnings Growth (Yr)

-1.1K%

Earnings Growth (Qtr)

-398.38%

Breaking Down SBGI Revenue

Last 7 days

8.2%

Last 30 days

3.0%

Last 90 days

-27.3%

Trailing 12 Months

-32.0%

How does SBGI drawdown profile look like?

SBGI Financial Health

Current Ratio

1.34

Debt/Equity

18.73

Debt/Cashflow

0.06

SBGI Investor Care

Dividend Yield

6.73%

Dividend/Share (TTM)

1

Diluted EPS (TTM)

-4.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.4B003.1B
20225.9B5.1B4.4B3.9B
20215.8B6.2B6.2B6.1B
20205.1B5.6B6.1B5.9B
20193.1B3.2B3.5B4.2B
20182.7B2.8B2.9B3.1B
20172.8B2.8B2.7B2.6B
20162.3B2.4B2.6B2.7B
20152.1B2.2B2.2B2.2B
20141.5B1.6B1.8B2.0B
20131.1B1.2B1.3B1.4B
2012805.1M867.3M944.9M1.1B
2011778.3M783.9M778.5M765.3M
20100693.9M730.8M767.6M
2009000657.0M
Get all data in R, Python etc through our Historical Stock Data APIs
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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Sinclair Broadcast Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 18, 2023
carson benjamin sr
acquired
-
-
13,416
-
May 18, 2023
beyer laurie r
acquired
-
-
13,416
-
May 18, 2023
friedman howard e
acquired
-
-
13,416
-
May 18, 2023
keith daniel c
acquired
-
-
13,416
-
May 18, 2023
legg benson e
acquired
-
-
13,416
-
May 18, 2023
smith robert e
acquired
-
-
13,416
-
Mar 13, 2023
ripley christopher
gifted
-
-
75,600
president & ceo
Mar 13, 2023
ripley christopher
gifted
-
-
-75,600
president & ceo
Mar 02, 2023
bray justin leroy
acquired
-
-
8,766
svp & treasurer
Mar 02, 2023
rutishauser lucy
sold (taxes)
-313,970
15.97
-19,660
svp & cfo

1–10 of 50

Which funds bought or sold SBGI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
FIFTH THIRD BANCORP
unchanged
-
68.00
2,088
 -%
Apr 23, 2024
AMALGAMATED BANK
reduced
-66.31
-28,000
15,000
 -%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
added
21.49
76,037
373,173
 -%
Apr 22, 2024
Prospect Financial Services LLC
new
-
350,220
350,220
 0.29%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
30,482
219,438
 -%
Apr 19, 2024
DENALI ADVISORS LLC
reduced
-39.02
-394
674
 -%
Apr 19, 2024
Copeland Capital Management, LLC
sold off
-100
-21,825
-
 -%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
92.59
71,777
144,210
 -%
Apr 18, 2024
CORA CAPITAL ADVISORS LLC
added
0.15
5,738
168,092
 0.09%
Apr 17, 2024
Hennion & Walsh Asset Management, Inc.
new
-
179,771
179,771
 0.01%

1–10 of 43

Are Funds Buying or Selling SBGI?

Are funds buying SBGI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SBGI
No. of Funds

Unveiling Sinclair Broadcast Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 07, 2023
blackrock inc.
0.0%
0
SC 13G/A
May 12, 2023
gamco investors, inc. et al
3.12%
1,224,500
SC 13D/A
May 04, 2023
smith david d
41.5%
26,273,227
SC 13D/A
Apr 28, 2023
gamco investors, inc. et al
2.83%
1,192,500
SC 13D/A
Apr 25, 2023
smith david d
40.4%
26,273,143
SC 13D/A
Apr 13, 2023
smith david d
39.3%
26,273,355
SC 13D/A
Mar 30, 2023
smith david d
38.3%
26,273,739
SC 13D/A
Mar 24, 2023
gamco investors, inc. et al
2.45%
1,123,300
SC 13D/A
Feb 09, 2023
vanguard group inc
10.09%
4,624,858
SC 13G/A
Feb 07, 2023
contrarius investment management ltd
9.5%
4,339,964
SC 13G/A

Recent SEC filings of Sinclair Broadcast Group Inc

View All Filings
Date Filed Form Type Document
Mar 29, 2024
8-K
Current Report
Feb 29, 2024
10-K
Annual Report
Feb 28, 2024
8-K
Current Report
Jan 17, 2024
8-K
Current Report

Peers (Alternatives to Sinclair Broadcast Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
NFLX
239.2B
34.9B
 -11.53% 72.10%
37.18
6.85
 9.47% 53.23%
DIS
209.1B
88.9B
 -4.52% 16.28%
70.01
2.35
 5.35% -10.06%
LYV
20.7B
22.7B
 -15.49% 35.05%
36.74
0.91
 36.38% 90.31%
SIRI
12.1B
9.0B
 -18.77% -13.36%
9.65
1.36
 -0.55% 3.71%
MID-CAP
ROKU
8.9B
3.5B
 -4.35% 7.12%
-12.5
2.55
 11.45% -42.48%
PARA
8.3B
29.7B
 10.74% -42.28%
-13.6
0.28
 -1.66% -155.07%
EDR
7.9B
6.0B
 3.16% 2.13%
22.16
1.33
 13.14% 176.08%
NXST
5.5B
4.9B
 -1.82% -3.71%
15.86
1.11
 -5.33% -64.37%
MSGS
4.5B
879.6M
 2.69% -6.29%
115.89
5.08
 2.95% -31.65%
PLAY
2.1B
2.2B
 -9.72% 58.91%
16.94
0.97
 12.26% -7.46%
CNK
2.1B
3.1B
 -0.06% 10.47%
7.55
0.69
 24.93% 166.91%
SMALL-CAP
AMC
866.2M
4.8B
 -19.56% -92.76%
-2.18
0.18
 23.04% 59.26%
AMCX
504.0M
2.7B
 -5.89% -33.91%
2.34
0.19
 -12.42% 2737.29%
CSSE
12.2M
294.4M
 152.94% -76.63%
-0.02
0.04
 16.45% -513.05%

Sinclair Broadcast Group Inc News

Latest updates
Sinclair Broadcast Group • 19 Apr 2024 • 07:00 am
Investor Relations
Markets Insider • 20 Mar 2024 • 07:00 am
Wall Street's Most Accurate Analysts Say Hold These 3 Tech And Telecom Stocks Delivering High-Dividend Yields
Yahoo Finance • 06 Mar 2024 • 08:00 am
Director Daniel Keith Sells 30,086 Shares of Sinclair Inc (SBGI)
Seeking Alpha • 28 Feb 2024 • 08:00 am
Sinclair Broadcast Group, Inc. (SBGI) Q4 2023 Earnings Call Transcript
Sinclair Broadcast Group • 28 Feb 2024 • 08:00 am
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend - Sinclair, Inc
Simply Wall St • 2 months ago
Is There Now An Opportunity In Sinclair, Inc. (NASDAQ:SBGI)?
GuruFocus.com • 2 months ago
What's Driving Sinclair Inc's Surprising 20% Stock Rally?
Bloomberg • 4 months ago
Sinclair (SBGI) Stock Rises on Report Amazon Eyeing Diamond Sports Unit
Yahoo Finance • 5 months ago
Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Q3 2023 Earnings Call Transcript
Next TV • 10 months ago
Sinclair Broadcast Group Officially Becomes Holding Company Sinclair

Sinclair Broadcast Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-27.8%5587739608438371,2881,4761,5351,6121,5111,5121,5391,2831,6091,6221,125771722894766730
Operating Expenses-100.0%-752707689730-2,1781,3111,4621,7901,4768875,7557911,2821,3461,131665628630608599
  S&GA Expenses-100.0%-191207190195220233228234213224212186210222185165160178155151
EBITDA Margin-138.0%-0.07*0.19*1.02*0.86*0.73*0.59*0.04*0.14*-0.53*-0.43*-0.40*-0.48*0.21*0.15*0.12*0.15*0.21*0.22*---
Interest Expenses-100.0%-74.0068.0059.0054.0011515215516015115415716518018512954.0054.0054.0076.0092.00
Income Taxes100.0%--204157109-40.00687-4.00-91.00-69.00-9.0085.00-84754.00-12.00-8.50-95.003.005.00-14.54-3.00-3.30
Earnings Before Taxes100.0%--11.00219138-46.003,303-45.00-74.00-39717.00599-4,21432713979.00-14446.0028.0019362.0026.00
EBT Margin-331.2%-0.20*0.09*0.92*0.75*0.61*0.47*-0.08*0.02*-0.65*-0.56*-0.53*-0.61*0.07*0.02*0.00*0.04*0.10*0.10*---
Net Income-398.4%-55218555.0021.00-11.002,587-89.0019.00-332-12.00467-3,25625212344.00-60.0042.0021.0020664.0028.00
Net Income Margin-226.8%-0.09*0.07*0.68*0.56*0.49*0.37*-0.07*0.02*-0.51*-0.44*-0.41*-0.47*0.06*0.03*0.01*0.06*0.11*0.10*---
Free Cashflow0%42.0042.0031022211349.0074.00223176-226682472322-85.0036223791.0070.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-5.5%6,0856,4366,7046,6056,4496,66212,54112,84512,78013,13213,38212,48316,76917,36017,37017,7796,5546,6346,5726,6276,582
  Current Assets1.9%1,4751,4471,6831,5631,3651,4672,4712,7922,6572,9703,2172,5412,5923,0692,9132,9031,6361,6831,7841,7911,679
    Cash Equivalents6.3%6626238846074205218191,0619689451,2626336221,3421,3331,3999299751,0601,0241,016
  Net PPE--------785789804823814809786765740700687683674667
  Goodwill0%2,0822,0822,0882,0882,0882,0882,0882,0882,0882,0912,0922,0924,7164,7164,7164,0482,1242,1242,1242,1252,022
Liabilities4.6%5,8645,6055,8295,7755,6205,77514,05014,21114,14214,13014,37713,96614,44815,18214,59814,7425,0255,1154,9725,0424,996
  Current Liabilities82.3%1,1036056086886176031,2021,1401,0369221,0349749038401,1341,093526540573601568
  Long Term Debt-1.9%4,1394,2214,2274,2264,2334,36212,27112,46412,47312,48212,49312,39112,32813,23112,36712,3923,7633,8413,8503,8593,864
Shareholder's Equity-75.2%221890748706642703-1,706----1,185-1,8111,6561,6941,6751,5291,5191,6001,5861,585
  Retained Earnings-181.0%-23428912284.0079.00109-2,460-2,357-2,360-2,013-1,986-2,438832596492467545521518331285
  Additional Paid-In Capital-14.1%5176026246236286576917477407357217117878641,0111,0281,0241,0381,1211,2931,336
Shares Outstanding-100.0%-70.0071.0070.0072.0072.0075.0075.0075.0074.0080.0075.0086.0091.0092.0092.0092.0092.00101102102
Minority Interest-8.5%-64.00-59.00-67.00-66.00-64.00-62.0064.0053.0072.0093.0089.0060.00202197192180-40.12-40.25-39.00-37.98-35.75
Float-----913---1,655---951---3,515---2,453
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-100.0%-62,000341,000251,000137,00070,00092,000247,000194,000-206,000709,000505,000373,000-39,000422,000271,000124,00099,000274,000117,844154,213
  Share Based Compensation-100.0%-23,0004,0008,0009,00029,0008,0009,00010,00033,00013,00010,00012,00017,0007,0006,0009,00011,0005,0007,2606,784
Cashflow From Investing100.0%--44,000-29,000-23,000-63,000-266,000-15,000-90,000-115,000-26,000-61,000-27,000-48,000-23,000-53,000-9,395,000-35,000-47,000-31,000-31,127-34,923
Cashflow From Financing100.0%--279,000-35,000-41,000-175,000-102,000-319,000-64,000-56,000-85,000-19,000-467,000-1,045,00071,000-435,0009,594,000-135,000-137,000-207,000-79,001-141,361
  Dividend Payments-100.0%-18,00017,00017,00018,00018,00014,00016,00015,00015,00014,00014,00017,00018,00018,00019,00018,00018,00019,00018,20618,402
  Buy Backs-100.0%-53,0006,00010,00036,00068,00061,000----82,00085,000176,00020,000-20,000105,000175,00046,000-

SBGI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES:   
Media revenues$ 3,106$ 3,894$ 6,083
Non-media revenues283451
Total revenues3,1343,9286,134
OPERATING EXPENSES:   
Media programming and production expenses1,6111,9424,291
Media selling, general and administrative expenses747812908
Amortization of program contract costs809093
Non-media expenses494457
Depreciation of property and equipment105100114
Corporate general and administrative expenses694160170
Amortization of definite-lived intangible and other assets166221477
Loss (gain) on deconsolidation of subsidiary10(3,357)0
Loss (gain) on asset dispositions and other, net of impairment3(64)(71)
Total operating expenses (gains)3,465(52)6,039
Operating (loss) income(331)3,98095
OTHER INCOME (EXPENSE):   
Interest expense including amortization of debt discount and deferred financing costs(305)(296)(618)
Gain (loss) on extinguishment of debt153(7)
Income from equity method investments295645
Other expense, net(45)(129)(14)
Total other expense, net(306)(366)(594)
(Loss) income before income taxes(637)3,614(499)
INCOME TAX BENEFIT (PROVISION)358(913)173
NET (LOSS) INCOME(279)2,701(326)
Net loss (income) attributable to the redeemable noncontrolling interests4(20)(18)
Net income attributable to the noncontrolling interests(16)(29)(70)
NET (LOSS) INCOME ATTRIBUTABLE TO SINCLAIR$ (291)$ 2,652$ (414)
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR:   
Basic (loss) earnings per share (in dollars per share)$ (4.46)$ 37.54$ (5.51)
Diluted (loss) earnings per share (in dollars per share)$ (4.46)$ 37.54$ (5.51)
Basic weighted average common shares outstanding (in shares)65,12570,65375,050
Diluted weighted average common and common equivalent shares outstanding (in shares)65,12570,65675,050

SBGI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents$ 662$ 884  
Accounts receivable, net of allowance for doubtful accounts of $4 and $5, respectively616612  
Income taxes receivable85  
Prepaid expenses and other current assets189182  
Total current assets1,4751,683  
Property and equipment, net715728  
Operating lease assets142145  
Goodwill2,0822,088$ 2,088 
Indefinite-lived intangible assets150150150 
Definite-lived intangible assets, net779946  
Other assets742964  
Total assets[1]6,0856,704  
Current Liabilities:    
Accounts payable and accrued liabilities913397  
Current portion of notes payable, finance leases, and commercial bank financing3638  
Current portion of operating lease liabilities2123  
Current portion of program contracts payable7683  
Other current liabilities5767  
Total current liabilities1,103608  
Notes payable, finance leases, and commercial bank financing, less current portion4,1394,227  
Operating lease liabilities, less current portion152154  
Program contracts payable, less current portion1410  
Deferred tax liabilities252610  
Other long-term liabilities204220  
Total liabilities[1]5,8645,829  
Commitments and contingencies (See Note 13)  
Redeemable noncontrolling interests0194  
Shareholders' equity:    
Additional paid-in capital517624  
(Accumulated deficit) retained earnings(234)122  
Accumulated other comprehensive income11  
Total Sinclair shareholders’ equity285748  
Noncontrolling interests(64)(67)  
Total equity221681$ (1,706)$ (1,185)
Total liabilities, redeemable noncontrolling interests, and equity6,0856,704  
Class A Common Stock    
Shareholders' equity:    
Common Stock11  
Class B Common Stock    
Shareholders' equity:    
Common Stock00  
Customer relationships, net    
Current Assets:    
Definite-lived intangible assets, net369444  
Other definite-lived intangible assets, net    
Current Assets:    
Definite-lived intangible assets, net$ 410$ 502  
[1]Our consolidated total assets as of December 31, 2023 and 2022 include total assets of Variable Interest Entities ("VIEs") of $85 million and $115 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2023 and 2022 include total liabilities of the VIEs of $17 million and $18 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 14. Variable Interest Entities.

About Sinclair Broadcast Group Inc

SBGI
Sinclair, Inc., a media company, focuses on providing content on local television stations and digital platforms. 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, other original programming, and college sports. It also owns digital media products that are complementary to its portfolio of television station related digital properties, as well as interests in, owns, manages, and/or operates technical and software services companies, intellectual property for the advancement of broadcast technology, and other media and non-media related businesses and assets, including interests in real estate, venture capital, private equity, and direct investments. Sinclair, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
 CEO
 WEBSITEhttps://sbgi.net
 INDUSTRYEntertainment
 EMPLOYEES7900

Sinclair Broadcast Group Inc Frequently Asked Questions

What is the ticker symbol for Sinclair Broadcast Group Inc? What does SBGI stand for in stocks?

SBGI is the stock ticker symbol of Sinclair Broadcast Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sinclair Broadcast Group Inc (SBGI)?

As of Wed Apr 24 2024, market cap of Sinclair Broadcast Group Inc is 1.04 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SBGI stock?

You can check SBGI's fair value in chart for subscribers.

What is the fair value of SBGI stock?

You can check SBGI's fair value in chart for subscribers. The fair value of Sinclair Broadcast Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sinclair Broadcast Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SBGI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sinclair Broadcast Group Inc a good stock to buy?

The fair value guage provides a quick view whether SBGI is over valued or under valued. Whether Sinclair Broadcast Group Inc is cheap or expensive depends on the assumptions which impact Sinclair Broadcast Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SBGI.

What is Sinclair Broadcast Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SBGI's PE ratio (Price to Earnings) is -3.56 and Price to Sales (PS) ratio is 0.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SBGI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Sinclair Broadcast Group Inc's stock?

In the past 10 years, Sinclair Broadcast Group Inc has provided -0.051 (multiply by 100 for percentage) rate of return.