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

14.56USD-0.07 (-0.48%)Market Closed

Market Summary

USD14.56-0.07

Market Closed

-0.48%

SBGI Alerts

Big fall in earnings (Y/Y)

SBGI Stock Price

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SBGI RSI Chart

SBGI Valuation

Market Cap

934.1M

Price/Earnings (Trailing)

3.29

Price/Sales (Trailing)

0.28

EV/EBITDA

6.82

Price/Free Cashflow

1.7

SBGI Price/Sales (Trailing)

SBGI Profitability

EBT Margin

10.88%

Return on Equity

105.58%

Return on Assets

4.7%

Free Cashflow Yield

58.77%

SBGI Fundamentals

SBGI Revenue

Revenue (TTM)

3.4B

Rev. Growth (Yr)

3.23%

Rev. Growth (Qtr)

3.23%

SBGI Earnings

Earnings (TTM)

284.0M

Earnings Growth (Yr)

-87.57%

Earnings Growth (Qtr)

-87.57%

Breaking Down SBGI Revenue

Last 7 days

-2.9%

Last 30 days

23.6%

Last 90 days

-9.2%

Trailing 12 Months

-16.3%

How does SBGI drawdown profile look like?

SBGI Financial Health

Current Ratio

1.42

Debt/Equity

15.29

Debt/Cashflow

0.16

SBGI Investor Care

Dividend Yield

6.15%

Dividend/Share (TTM)

Buy Backs (1Y)

8.01%

Diluted EPS (TTM)

4.1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.4B	0	0	0
2023	3.4B	0	0	0
2022	5.9B	5.1B	4.4B	3.9B
2021	5.8B	6.2B	6.2B	6.1B
2020	5.1B	5.6B	6.1B	5.9B
2019	3.1B	3.2B	3.5B	4.2B
2018	2.7B	2.8B	2.9B	3.1B
2017	2.8B	2.8B	2.7B	2.6B
2016	2.3B	2.4B	2.6B	2.7B
2015	2.1B	2.2B	2.2B	2.2B
2014	1.5B	1.6B	1.8B	2.0B
2013	1.1B	1.2B	1.3B	1.4B
2012	805.1M	867.3M	944.9M	1.1B
2011	778.3M	783.9M	778.5M	765.3M
2010	0	693.9M	730.8M	767.6M
2009	0	0	0	657.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold SBGI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.09	-8,281	430,205	-%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-674,628	-	-%
May 16, 2024	COMERICA BANK	added	27.63	2,726	11,261	-%
May 15, 2024	Nebula Research & Development LLC	added	23.09	68,821	321,408	0.07%
May 15, 2024	Cubist Systematic Strategies, LLC	sold off	-100	-1,001,420	-	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	sold off	-100	-233,570	-	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-81.4	-2,046,860	487,412	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	62.78	1,530,300	3,771,680	-%
May 15, 2024	Aquatic Capital Management LLC	sold off	-100	-68,000	-	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	reduced	-12.25	-63,221	617,505	-%

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

SBGI Alerts

Big fall in earnings (Y/Y)

Unveiling Sinclair Broadcast Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Mar 29, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report
Feb 28, 2024	8-K	Current Report

Peers (Alternatives to Sinclair Broadcast Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NFLX	267.6B	34.9B	1.17%	67.21%	41.58	7.66	9.47%	53.23%
DIS	188.3B	89.2B	-8.54%	10.16%	111.09	2.11	2.55%	-58.87%
LYV	22.4B	23.4B	5.24%	14.36%	43.03	0.95	30.08%	51.52%
SIRI	11.6B	9.0B	-2.90%	-16.66%	8.98	1.29	0.12%	13.46%
MID-CAP
ROKU	8.8B	3.6B	6.70%	14.20%	-15.58	2.44	15.68%	14.80%
EDR	8.0B	6.2B	1.41%	13.76%	22.5	1.29	15.25%	176.08%
PARA	7.9B	30.1B	11.29%	-23.42%	-178.81	0.26	-0.06%	90.16%
NXST	5.6B	5.0B	6.73%	3.95%	13.58	1.12	-5.67%	-50.60%
MSGS	4.6B	926.8M	6.26%	0.68%	190.07	4.93	6.42%	-71.48%
PLAY	2.1B	2.2B	-1.90%	51.72%	16.77	0.96	12.26%	-7.44%
CNK	2.1B	3.0B	-2.43%	4.06%	5.9	0.7	16.52%	189.76%
SMALL-CAP
AMC	1.3B	4.8B	47.99%	-90.14%	-4.02	0.27	17.88%	62.76%
AMCX	688.3M	2.6B	52.39%	11.65%	4.37	0.27	-16.47%	2147.11%
CSSE	9.7M	294.4M	142.86%	-77.18%	-0.02	0.03	16.45%	-513.05%

Sinclair Broadcast Group Inc News

Latest updates

Sinclair Broadcast Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	3.2%	798	773	960	843	837	1,288	1,476	1,535	1,612	1,511	1,512	1,539	1,283	1,609	1,622	1,125	771	722	894	766	730
Operating Expenses	0.5%	756	752	707	689	730	-2,178	1,311	1,462	1,790	1,476	887	5,755	791	1,282	1,346	1,131	665	628	630	608	599
S&GA Expenses	2.6%	196	191	207	190	195	220	233	228	234	213	224	212	186	210	222	185	165	160	178	155	151
EBITDA Margin	0.1%	0.19*	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*	0.23*	-	-
Interest Expenses	2.7%	76.00	74.00	68.00	59.00	54.00	115	152	155	160	151	154	157	165	180	185	129	54.00	54.00	54.00	76.00	92.00
Income Taxes	98.0%	-4.00	-204	157	109	-40.00	687	-4.00	-91.00	-69.00	-9.00	85.00	-847	54.00	-12.00	-8.50	-95.00	3.00	5.00	-14.54	-3.00	-3.30
Earnings Before Taxes	290.9%	21.00	-11.00	219	138	-46.00	3,303	-45.00	-74.00	-397	17.00	599	-4,214	327	139	79.00	-144	46.00	28.00	193	62.00	26.00
EBT Margin	23.7%	0.11*	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*	0.10*	-	-
Net Income	-87.6%	23.00	185	55.00	21.00	-11.00	2,587	-89.00	19.00	-332	-12.00	467	-3,256	252	123	44.00	-60.00	42.00	21.00	206	64.00	28.00
Net Income Margin	14.9%	0.08*	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*	0.11*	-	-
Free Cashflow	-159.5%	-25.00	42.00	310	222	113	49.00	74.00	223	176	-226	682	472	322	-85.00	362	237	91.00	70.00	247	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-0.8%	6,038	6,085	6,436	6,704	6,605	6,449	6,662	12,541	12,845	12,780	13,132	13,382	12,483	16,769	17,360	17,370	17,779	6,554	6,634	6,572	6,627
Current Assets	0.4%	1,481	1,475	1,447	1,683	1,563	1,365	1,467	2,471	2,792	2,657	2,970	3,217	2,541	2,592	3,069	2,913	2,903	1,636	1,683	1,784	1,791
Cash Equivalents	-1.1%	655	662	623	884	607	420	521	819	1,061	968	945	1,262	633	622	1,342	1,333	1,399	929	975	1,060	1,024
Net PPE	-	-	-	-	-	-	-	-	-	785	789	804	823	814	809	786	765	740	700	687	683	674
Goodwill	0%	2,082	2,082	2,082	2,088	2,088	2,088	2,088	2,088	2,088	2,088	2,091	2,092	2,092	4,716	4,716	4,716	4,048	2,124	2,124	2,124	2,125
Liabilities	-1.6%	5,769	5,864	5,605	5,829	5,775	5,620	5,775	14,050	14,211	14,142	14,130	14,377	13,966	14,448	15,182	14,598	14,742	5,025	5,115	4,972	5,042
Current Liabilities	-5.7%	1,040	1,103	605	608	688	617	603	1,202	1,140	1,036	922	1,034	974	903	840	1,134	1,093	526	540	573	601
Long Term Debt	-0.7%	4,112	4,139	4,221	4,227	4,226	4,233	4,362	12,271	12,464	12,473	12,482	12,493	12,391	12,328	13,231	12,367	12,392	3,763	3,841	3,850	3,859
Shareholder's Equity	21.7%	269	221	890	748	706	642	703	-	-	-	-	-	-	1,811	1,656	1,694	1,675	1,529	1,519	1,600	1,586
Retained Earnings	3.0%	-227	-234	289	122	84.00	79.00	109	-2,460	-2,357	-2,360	-2,013	-1,986	-2,438	832	596	492	467	545	521	518	331
Additional Paid-In Capital	7.2%	554	517	602	624	623	628	657	691	747	740	735	721	711	787	864	1,011	1,028	1,024	1,038	1,121	1,293
Shares Outstanding	-	64.00	-	70.00	71.00	70.00	72.00	72.00	75.00	75.00	75.00	74.00	80.00	75.00	86.00	91.00	92.00	92.00	92.00	92.00	101	102
Minority Interest	0%	-64.00	-64.00	-59.00	-67.00	-66.00	-64.00	-62.00	64.00	53.00	72.00	93.00	89.00	60.00	202	197	192	180	-40.12	-40.25	-39.00	-37.98
Float	-	-	-	-	-	-	913	-	-	-	1,655	-	-	-	951	-	-	-	3,515	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	-106.5%	-4,000	62,000	341,000	251,000	137,000	70,000	92,000	247,000	194,000	-206,000	709,000	505,000	373,000	-39,000	422,000	271,000	124,000	99,000	274,000	117,844	154,213
Share Based Compensation	17.4%	27,000	23,000	4,000	8,000	9,000	29,000	8,000	9,000	10,000	33,000	13,000	10,000	12,000	17,000	7,000	6,000	9,000	11,000	5,000	7,260	6,784
Cashflow From Investing	222.7%	54,000	-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 Financing	79.6%	-57,000	-279,000	-35,000	-41,000	-175,000	-102,000	-319,000	-64,000	-56,000	-85,000	-19,000	-467,000	-1,045,000	71,000	-435,000	9,594,000	-135,000	-137,000	-207,000	-79,001	-141,361
Dividend Payments	-100.0%	-	18,000	17,000	17,000	18,000	18,000	14,000	16,000	15,000	15,000	14,000	14,000	17,000	18,000	18,000	19,000	18,000	18,000	19,000	18,206	18,402
Buy Backs	-100.0%	-	53,000	6,000	10,000	36,000	68,000	61,000	-	-	-	-	82,000	85,000	176,000	20,000	-	20,000	105,000	175,000	46,000	-

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SBGI Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES:
Media revenues	$ 792	$ 766
Non-media revenues	6	7
Revenue	798	773
OPERATING EXPENSES:
Media programming and production expenses	408	398
Media selling, general and administrative expenses	196	191
Amortization of program contract costs	19	22
Non-media expenses	12	12
Depreciation of property and equipment	25	24
Corporate general and administrative expenses	58	58
Amortization of definite-lived intangible assets	38	41
Loss on asset dispositions and other, net of impairment	0	6
Total operating expenses	756	752
Operating income	42	21
OTHER INCOME (EXPENSE):
Interest expense including amortization of debt discount and deferred financing costs	(76)	(74)
Gain on extinguishment of debt	1	0
Income from equity method investments	14	31
Other income, net	40	11
Total other expense, net	(21)	(32)
Income (loss) before income taxes	21	(11)
INCOME TAX BENEFIT	4	204
NET INCOME	25	193
Net loss attributable to the redeemable noncontrolling interests	0	4
Net income attributable to the noncontrolling interests	(2)	(12)
NET INCOME ATTRIBUTABLE TO SINCLAIR	$ 23	$ 185
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR:
Basic earnings per share (in dollars per share)	$ 0.35	$ 2.65
Diluted earnings per share (in dollars per share)	$ 0.35	$ 2.64
Basic weighted average common shares outstanding (in shares)	64,156	69,744
Diluted weighted average common and common equivalent shares outstanding (in shares)	64,403	69,864

SBGI Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 655

$ 662

Accounts receivable, net of allowance for doubtful accounts of $4 as of both periods

642

616

Income taxes receivable

Prepaid expenses and other current assets

177

189

Total current assets

1,481

1,475

Property and equipment, net

720

715

Operating lease assets

139

142

Goodwill

2,082

Indefinite-lived intangible assets

150

Other assets

725

742

Total assets

^[1]

6,038

6,085

Current liabilities:

Accounts payable and accrued liabilities

854

913

Current portion of notes payable, finance leases, and commercial bank financing

Current portion of operating lease liabilities

Current portion of program contracts payable

Other current liabilities

Total current liabilities

1,040

1,103

Notes payable, finance leases, and commercial bank financing, less current portion

4,112

4,139

Operating lease liabilities, less current portion

148

152

Program contracts payable, less current portion

Deferred tax liabilities

258

252

Other long-term liabilities

200

204

Total liabilities

^[1]

5,769

5,864

Commitments and contingencies (See Note 5)

Shareholders' equity:

Additional paid-in capital

554

517

Accumulated deficit

(227)

(234)

Accumulated other comprehensive income

Total SBG (deficit) equity

333

285

Noncontrolling interests

(64)

Total equity

269

221

Total liabilities and equity

6,038

6,085

Class A Common Stock

Shareholders' equity:

Common Stock

Class B Common Stock

Shareholders' equity:

Common Stock

Customer relationships, net

Current assets:

Definite-lived intangible assets, net

352

369

Other definite-lived intangible assets, net

Current assets:

Definite-lived intangible assets, net

$ 389

$ 410

[1]

Our consolidated total assets as of March 31, 2024 and December 31, 2023 include total assets of variable interest entities ("VIE") of $78 million and $85 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of March 31, 2024 and December 31, 2023 include total liabilities of VIEs of $16 million and $17 million, respectively,for which the creditors of the VIEs have no recourse to us. See Note 8. Variable Interest Entities.

About Sinclair Broadcast Group Inc

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	Mr. Christopher S. Ripley
WEBSITE	https://sbgi.net
INDUSTRY	Entertainment
EMPLOYEES	7900

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 Fri May 17 2024, market cap of Sinclair Broadcast Group Inc is 934.11 Million. 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 Fri May 17 2024, SBGI's PE ratio (Price to Earnings) is 3.29 and Price to Sales (PS) ratio is 0.28. 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 -0.044 (multiply by 100 for percentage) rate of return.