SBGI - Sinclair Broadcast Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
56.91
-0.71 (-1.23%)
At close: 4:00PM EDT
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Previous Close57.62
Open57.50
Bid0.00 x 900
Ask0.00 x 800
Day's Range56.79 - 57.96
52 Week Range25.13 - 66.57
Volume1,143,340
Avg. Volume1,455,949
Market Cap5.199B
Beta (3Y Monthly)1.73
PE Ratio (TTM)17.72
EPS (TTM)3.21
Earnings DateAug 7, 2019
Forward Dividend & Yield0.80 (1.75%)
Ex-Dividend Date2019-05-30
1y Target Est70.75
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents3 days ago

    Edited Transcript of SBGI earnings conference call or presentation 8-May-19 1:00pm GMT

    Q1 2019 Sinclair Broadcast Group Inc Earnings Call

  • Is Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Trading At A 34% Discount?
    Simply Wall St.7 days ago

    Is Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Trading At A 34% Discount?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • SINCLAIR BROADCAST GROUP -A (SBGI) Q1 2019 Earnings Call Transcript
    Motley Fool7 days ago

    SINCLAIR BROADCAST GROUP -A (SBGI) Q1 2019 Earnings Call Transcript

    SBGI earnings call for the period ending March 31, 2019.

  • LiveXLive Partners With STIRR To Stream The Electric Daisy Carnival Las Vegas
    PR Newswire10 days ago

    LiveXLive Partners With STIRR To Stream The Electric Daisy Carnival Las Vegas

    WEST HOLLYWOOD, Calif., May 10, 2019 /PRNewswire/ -- LiveXLive Media, Inc.  (LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, and STIRR, a free, ad-supported streaming service owned by Sinclair Broadcast Group (SBGI), today announced a partnership to bring electronic dance music (EDM) fans, live, ad-free streaming access to Electric Daisy Carnival (EDC) Las Vegas, one of the largest music festivals in the world. Four distinct channels across STIRR will deliver live continuous performances and exclusive behind-the-scenes content to audiences nationwide.

  • Reuters10 days ago

    US investors sound alarm over projected add-backs

    US investors in leveraged loans are increasingly worried that companies’ use of projected earnings figures in leveraged buyouts (LBOs) could blow up if the market turns south, derailing companies from meeting their revenue expectations and leaving them hung with billions in debt. Borrowers, many of which binged on leveraged loans to finance hefty buyouts, have in recent years ramped up their usage of add-backs, or projected cost savings such as staff cuts, to lower debt-to-earnings before interest tax, depreciation and amortization (debt-to-Ebitda) numbers in a bid to make leverage calculations more palatable to both investors and regulators. Ebitda adjustments reflect assumptions about companies’ future earnings potential.

  • Sinclair Broadcast Earnings Miss, Nexstar Media Too; Gray Television Earnings Top
    Investor's Business Daily11 days ago

    Sinclair Broadcast Earnings Miss, Nexstar Media Too; Gray Television Earnings Top

    Local-TV giant Sinclair Broadcast earnings missed after shares leapt on its Disney deal. Gray Television earnings beat views while Nexstar Media missed.

  • TheStreet.com12 days ago

    Sinclair Broadcast Misses Earnings Estimates but Tops on Revenue

    "This is a very exciting time for Sinclair led by our recent announcement to acquire 21 Regional Sports Networks, industry collaboration on the implementation of the ATSC 3.0 broadcast standard, and continued success of our local news organization," commented Chris Ripley, President and Chief Executive Officer. Walt Disney is a holding in Jim Cramer's Action Alerts PLUS charitable trust.

  • Sinclair (SBGI) Q1 Earnings Lag Estimates
    Zacks12 days ago

    Sinclair (SBGI) Q1 Earnings Lag Estimates

    Sinclair (SBGI) delivered earnings and revenue surprises of -34.21% and 1.94%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press12 days ago

    Sinclair: 1Q Earnings Snapshot

    On a per-share basis, the Hunt Valley, Maryland-based company said it had net income of 23 cents. Earnings, adjusted for non-recurring costs, were 25 cents per share. The television broadcasting company ...

  • PR Newswire12 days ago

    Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

    BALTIMORE, May 8, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Class B common stock.  The dividend is payable on June 17, 2019, to the holders of record at the close of business on May 31, 2019. The Company owns, operates and/or provides services to 191 television stations in 89 markets. Sinclair is a leading local news provider in the country and is dedicated to impactful journalism with a local focus.

  • PR Newswire12 days ago

    Sinclair Reports First Quarter 2019 Financial Results

    - INCREASES TOTAL REVENUE BY 9% COMPARED TO PRIOR YEAR - ANNOUNCES QUARTERLY DIVIDEND PER SHARE OF $0.20 BALTIMORE , May 8, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" ...

  • Disney Finalized Its Sports Network Deal with Sinclair
    Market Realist12 days ago

    Disney Finalized Its Sports Network Deal with Sinclair

    Must-Know Updates from Disney(Continued from Prior Part)Disney to sell its regional sports network to SinclairWalt Disney (DIS) has agreed to sell its 21 regional sports networks, which were acquired from Fox, to Sinclair Broadcast Group (SBGI) for

  • Inside Sinclair’s Hopes after Inking a $10 Billion Network Deal
    Market Realist12 days ago

    Inside Sinclair’s Hopes after Inking a $10 Billion Network Deal

    Inside Big Media’s Struggle to Cope with the Changing Times(Continued from Prior Part)Sinclair hopes to win business from AmazonSinclair Broadcast Group (SBGI) will pay $9.6 billion to purchase a collection of 21 regional sports networks from the

  • Moody's13 days ago

    Sinclair Broadcast Group, Inc. -- Moody's puts Sinclair's ratings on review for downgrade following RSN acquisition announcement

    Moody's Investors Service ("Moody's") today put the Ba3 corporate family rating (CFR) of Sinclair Broadcast Group, Inc. ("SBGI" or "Sinclair") as well as the Ba1 rating on the senior secured bank credit facilities and the B1 rating on the senior unsecured notes (both issued by Sinclair Television Group, Inc ("STGI")) under review for downgrade. The ratings were placed on review following the announcement that Sinclair had entered into a definitive agreement with Walt Disney Company (The) ("Disney", A2 stable) to acquire 21 Regional Sports Networks (RSNs) and Fox College Sports, which are being sold as part of Disney's acquisition of Twenty-First Century Fox, Inc.'s entertainment assets.

  • Markit13 days ago

    See what the IHS Markit Score report has to say about Sinclair Broadcast Group Inc.

    Sinclair Broadcast Group Inc NASDAQ/NGS:SBGIView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for SBGI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SBGI. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $364 million over the last one-month into ETFs that hold SBGI are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • What Happened in the Stock Market Today
    Motley Fool13 days ago

    What Happened in the Stock Market Today

    Stocks staged a comeback from morning lows, with Sinclair Broadcasting soaring on a deal with Disney, and Berkshire Hathaway sinking after reporting results.

  • Disney Is Set to Finalize the Last Piece of Its Fox Acquisition
    Motley Fool13 days ago

    Disney Is Set to Finalize the Last Piece of Its Fox Acquisition

    Disney has agreed to sell Fox's regional sports networks to Sinclair.

  • Sinclair Stock Breaks Out Following Disney Deal
    Investopedia13 days ago

    Sinclair Stock Breaks Out Following Disney Deal

    Shares of the broadcast company moved sharply higher in Monday's session after a deal with Disney to acquire regional sports networks.

  • Sinclair CEO as stock soars: Fox deal 'will forever change complexion' of company
    American City Business Journals13 days ago

    Sinclair CEO as stock soars: Fox deal 'will forever change complexion' of company

    "We will become the leading local sports and news company in the country," CEO Chris Ripley said.

  • Why Sinclair Broadcast Stock Soared Monday
    Motley Fool14 days ago

    Why Sinclair Broadcast Stock Soared Monday

    Investors love the television broadcasting company's new acquisition.

  • Reuters14 days ago

    Sinclair CEO sees possible deals with Amazon and others seeking live sports

    Sinclair Broadcast Group Inc would consider teaming up with Amazon.com Inc and other tech giants to offer live sports, its chief told Reuters, fresh from announcing a $9.6 billion deal to buy Disney's regional sports networks. On Friday, Sinclair announced a deal to buy Walt Disney Co's collection of 21 regional sports networks (RSNs), turning the largest U.S. broadcast station owner into one of the biggest live news and sports companies this side of Rupert Murdoch's Fox Corp. With Walt Disney Co, Amazon, Netflix Inc and AT&T Inc just some of the combatants now in the video streaming wars, "There is only going to be more competition and more interest for key assets like this in the future," President and Chief Executive Officer Chris Ripley said, in response to a question about licensing sports to big tech companies.

  • TheStreet.com14 days ago

    Sinclair Soars on $10.6 Billion Sports Network Deal With Disney

    Sinclair stock jumped more than 30% on Monday to $58.66 on the New York Stock Exchange following the two companies' joint announcement late Friday that Sinclair will purchase 21 regional sports networks for $9.6 billion. The deal will make Sinclair the owner of the largest collection of regional sports networks in the U.S., giving it exclusive rights to 42 professional teams spanning Major League Baseball, the National Basketball Association and the National Hockey League, the companies said.

  • MarketWatch14 days ago

    Sinclair's stock rockets to record high after $10.6 billion deal to buy Disney RSNs

    Shares of Sinclair Broadcast Group Inc. soared 25% toward a record high, on track for the biggest one-day gain in 10 years, after the TV broadcasting company's deal to buy regional sports networks (RSNs) from Walt Disney Co. prompted B. Riley FBR to turn bullish. Sinclair announced late Friday it reached a deal to buy 21 RSNs and Fox College Sports in a deal valued at $10.6 billion, which confirmed a report in The Wall Street Journal on Thursday, and comes nearly 3 months after Sinclair said it was launching an RSN that will be the exclusive home of the Chicago Cubs of Major League Baseball. Analyst Zack Silver at B. Riley raised his rating on Sinclair's stock to buy, after being at neutral the past 8 months, and boosted his price target to $57 from $46. Silver said the deal looks like a "home run" for Sinclair, as he sees it adding over $700 million in levered free cash flow, more than double his current estimate. The average stock price target of the 7 analysts surveyed by FactSet has increased to $48.50 from $42 as of the end of April. Sinclair's stock, which is on track for the biggest one-day gain since it rocketed 33% on Aug. 21, 2009, has now more than doubled (up 113%) year to date, while the Dow Jones Industrial Average has gained 12%.