S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:SBGI

Sinclair (SBGI) Stock Price, News & Analysis

$12.35
+0.25 (+2.07%)
(As of 04/19/2024 ET)
Today's Range
$12.08
$12.44
50-Day Range
$11.54
$16.03
52-Week Range
$9.39
$20.76
Volume
345,394 shs
Average Volume
464,491 shs
Market Capitalization
$785.46 million
P/E Ratio
N/A
Dividend Yield
8.10%
Price Target
$18.14

Sinclair MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
46.9% Upside
$18.14 Price Target
Short Interest
Bearish
9.54% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.19mentions of Sinclair in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$688,160 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From $2.42 to ($0.83) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.28 out of 5 stars

Consumer Discretionary Sector

58th out of 265 stocks

Television Broadcasting Stations Industry

1st out of 11 stocks

SBGI stock logo

About Sinclair Stock (NASDAQ:SBGI)

Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; and TBD, a multiscreen TV network. The Tennis segment offers Tennis Channel, a cable network which includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International streaming service; Tennis Channel Plus streaming service; T2 FAST, a 24-hours a day free ad-supported streaming television channel; and Tennis.com and Pickleballtv. It also provides digital and internet solutions; and technical services, including the design and manufacture of broadcast systems. 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, and other original programming. Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland.

SBGI Stock Price History

SBGI Stock News Headlines

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Sinclair Launches "Broadspan" Datacasting Platform
Sinclair Joins Entertainment ID Registry Board
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
Sinclair Begins Generative AI Usage
Lenders to Broadcaster Sinclair Sign Cooperation Pact
Sinclair, Inc. (SBGI)
See More Headlines
Receive SBGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sinclair and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/25 Dividend
3/08/2024
Dividend Payable
3/25/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SBGI
CUSIP
82922610
Employees
7,300
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$18.14
High Stock Price Target
$25.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+46.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-291,000,000.00
Pretax Margin
-20.33%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Book Value
$3.48 per share

Miscellaneous

Free Float
38,416,000
Market Cap
$788.00 million
Optionable
Optionable
Beta
1.40

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

SBGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Sinclair stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sinclair in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBGI shares. 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 SBGI analyst ratings
or view top-rated stocks.

What is Sinclair's stock price target for 2024?

5 analysts have issued twelve-month price objectives for Sinclair's shares. Their SBGI share price targets range from $13.00 to $25.00. On average, they predict the company's stock price to reach $18.14 in the next twelve months. This suggests a possible upside of 46.9% from the stock's current price.
View analysts price targets for SBGI
or view top-rated stocks among Wall Street analysts.

How have SBGI shares performed in 2024?

Sinclair's stock was trading at $13.03 at the beginning of the year. Since then, SBGI stock has decreased by 5.2% and is now trading at $12.35.
View the best growth stocks for 2024 here
.

When is Sinclair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SBGI earnings forecast
.

How can I listen to Sinclair's earnings call?

Sinclair will be holding an earnings conference call on Wednesday, May 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Sinclair's earnings last quarter?

Sinclair, Inc. (NASDAQ:SBGI) announced its quarterly earnings results on Wednesday, February, 28th. The company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.35. The firm had revenue of $826 million for the quarter, compared to analyst estimates of $838.75 million. Sinclair had a positive trailing twelve-month return on equity of 26.46% and a negative net margin of 9.29%. The business's revenue was down 14.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.90 EPS.

How often does Sinclair pay dividends? What is the dividend yield for Sinclair?

Sinclair declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Monday, March 11th will be given a dividend of $0.25 per share on Monday, March 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date of this dividend is Friday, March 8th.
Read our dividend analysis for SBGI
.

Is Sinclair a good dividend stock?

Sinclair (NASDAQ:SBGI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 8.49%. SBGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SBGI.

What ETF holds Sinclair's stock?

WBI Power Factor High Dividend ETF holds 47,562 shares of SBGI stock, representing 0.93% of its portfolio.

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

Sinclair updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $793.0 million-$806.0 million, compared to the consensus revenue estimate of $816.8 million.

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

133 employees have rated Sinclair Chief Executive Officer Christopher Ripley on Glassdoor.com. Christopher Ripley has an approval rating of 51% among the company's employees. This puts Christopher Ripley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Sinclair own?

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

Who are Sinclair's major shareholders?

Sinclair's stock is owned by many different institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.04%), Hennion & Walsh Asset Management Inc. (0.02%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Daniel C Keith, David B Gibber, David R Bochenek, Frederick G Smith, Frederick G Smith, Howard E Friedman, Jeffrey Edward Lewis, Lawrence E Mccanna and Ruth Louisa Villigerwilson.
View institutional ownership trends
.

How do I buy shares of Sinclair?

Shares of SBGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SBGI) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners