Sinclair/SBGI

$13.54

-1.23%
-
1D1W1MYTD1YMAX

About Sinclair

Sinclair, Inc. is a diversified media company and a provider of local news and sports. The Company operates through two segments: Local Media, and Tennis. Its Local Media segment is comprised of its television stations. It produces more than 2,400 hours of news per week at 115 stations in 73 markets. Its Tennis segment primarily consists of Tennis Channel, a cable network which includes coverage of many of tennis' top tournaments and original professional sports and tennis lifestyle shows. Its content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the streaming aggregator of local news content, NewsON. The Company owns, operates and provides services to 185 television stations in 86 markets affiliated with all the various broadcast networks, and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest. The Company also owns and provides services to 21 regional sports network brands.

Ticker

SBGI

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Broadcasting & Cable TV

CEO

-

Employees

7,300

Headquarters

Hunt valley, United States
Website
sbgi.net

Sinclair Metrics

BasicAdvanced
$960M
Market cap
-
P/E ratio
-$7.13
EPS
1.54
Beta
$1.00
Dividend rate
6.87%
Dividend yield
$960M
1.53685
$17.59
$9.39
443K
$1.00
1.424
1,234.835
1,245.946
-1.03%
-7.17%
-74.08%
-8.16%
0.304
2.887
73.876
3.66%
6.87%
6.87%
-7.44%
-299.47%
-19.21%
7.72%

What the Analysts think about Sinclair

Analyst Ratings

Majority rating from 7 analysts.
Sell

Price Targets

Average projection from 7 analysts.
22.08% upside
High $29.00
Low $10.00
$13.54
Current price
$16.53
Average price target

Sinclair Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
2.88% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$798M
-3.39%
Net income
$23M
-106.74%
Profit margin
2.88%
-106.98%

Sinclair Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 220.69%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$1.38
-$0.74
-$5.35
$0.35
-
Expected
-$0.60
-$0.58
$0.43
-$0.29
-$0.13
Surprise
130%
27.59%
-1,332.72%
-220.69%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Sinclair stock?

Sinclair (SBGI) has a market cap of $960M as of May 22, 2024.

What is the P/E ratio for Sinclair stock?

The price to earnings (P/E) ratio for Sinclair (SBGI) stock is 0 as of May 22, 2024.

Does Sinclair stock pay dividends?

Yes, the Sinclair (SBGI) stock pays dividends to shareholders. As of May 22, 2024, the dividend rate is $1 and the yield is 6.87%. Sinclair has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Sinclair dividend payment date?

The next Sinclair (SBGI) dividend payment is scheduled for June 17, 2024.

What is the beta indicator for Sinclair?

Sinclair (SBGI) has a beta rating of 1.54. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Sinclair stock price target?

The target price for Sinclair (SBGI) stock is $16.53, which is 22.08% above the current price of $13.54. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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