SBGI - Sinclair Broadcast Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
30.43
-0.52 (-1.66%)
At close: 4:00PM EST
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Previous Close30.95
Open31.05
Bid30.42 x 1200
Ask30.44 x 4000
Day's Range30.17 - 31.25
52 Week Range25.14 - 66.57
Volume1114504
Avg. Volume869,189
Market Cap2.8B
Beta (5Y Monthly)1.06
PE Ratio (TTM)13.65
EPS (TTM)2.23
Earnings DateFeb 25, 2020 - Mar 2, 2020
Forward Dividend & Yield0.80 (2.58%)
Ex-Dividend Date2019-11-27
1y Target Est49.44
  • Why Sinclair Broadcast Group, Inc.’s (NASDAQ:SBGI) Use Of Investor Capital Doesn’t Look Great
    Simply Wall St.

    Why Sinclair Broadcast Group, Inc.’s (NASDAQ:SBGI) Use Of Investor Capital Doesn’t Look Great

    Today we'll evaluate Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to determine whether it could have potential as an...

  • Sports betting in Georgia could be coming ‘sooner rather later’
    American City Business Journals

    Sports betting in Georgia could be coming ‘sooner rather later’

    Sports betting is exploding across the nation, putting pressure on Georgia lawmakers to legalize wagering during the 2020 legislative session that starts next month.

  • ‘Don’t mess with me’ — Pelosi gets into heated exchange over ‘hate’ for Trump
    MarketWatch

    ‘Don’t mess with me’ — Pelosi gets into heated exchange over ‘hate’ for Trump

    House Speaker Nancy Pelosi exploded at a reporter Thursday when asked if she “hates” President Donald Trump, in a heated exchange that came after she called for impeachment articles to be drawn up.

  • Is Sinclair Broadcast Group, Inc. (SBGI) Going To Burn These Hedge Funds ?
    Insider Monkey

    Is Sinclair Broadcast Group, Inc. (SBGI) Going To Burn These Hedge Funds ?

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • PR Newswire

    Sesh Simha Promoted to Vice President, Advanced Technology-ONE Media 3.0

    ONE Media 3.0, LLC, a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), announced today that Sesh Simha has has been promoted to Vice President for Advanced Technology.

  • PR Newswire

    Sinclair Closes Private Offering of Senior Notes

    Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has closed its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").

  • Cubs' Marquee Sports Network bringing aboard a special advisor for content
    American City Business Journals

    Cubs' Marquee Sports Network bringing aboard a special advisor for content

    The new cable sports network is taking special care to ensure content properly reflects the Cubs' rich history.

  • PR Newswire

    Sinclair Prices Private Offering of Senior Notes

    BALTIMORE, Nov. 19, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has priced its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes"). The 2030 Notes were priced at 100% of their face amount and will bear interest at a rate of 5.500% per annum payable semi-annually on June 1 and December 1, commencing June 1, 2020. The 2030 Notes will mature on March 1, 2030.

  • Moody's

    Sinclair Television Group, Inc -- Moody's assigns B1 rating to Sinclair Television Group's $500 million senior unsecured notes due 2030

    Moody's Investors Service ("Moody's") has assigned a B1 rating to Sinclair Television Group, Inc's (Sinclair or STGI) $500 million senior unsecured notes due 2030. The proceeds of the senior unsecured notes will be used to fully redeem Sinclair's $500 million, 6.125% senior unsecured notes due 2022. Sinclair's Ba3 corporate family rating (CFR) and Ba3-PD probability of default rating (PDR), along with the company's Ba2 and B1 ratings on the existing senior secured credit facilities and senior unsecured notes, respectively, are unaffected by the transaction.

  • PR Newswire

    Sinclair Announces Private Offering of Senior Notes of Sinclair Television Group

    BALTIMORE, Nov. 19, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("Issuer") intends to offer in a private placement, subject to market conditions and other factors, $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes"). The net proceeds from the private placement of the 2030 Notes are intended to be used to fund the Issuer's redemption of its 6.125% Senior Notes due 2022 (the "2022 Notes").

  • PR Newswire

    Sinclair Names Rob Weisbord President of Local News & Marketing Services Division

    BALTIMORE, Nov. 18, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI), a diversified media company and a leader in local news and sports, announced that Rob Weisbord has been named President of its Local News & Marketing Services division effective January 1, 2020. The announcement was made by Chris Ripley, President and Chief Executive Officer of Sinclair.

  • When Should You Buy Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)?
    Simply Wall St.

    When Should You Buy Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)?

    Sinclair Broadcast Group, Inc. (NASDAQ:SBGI), which is in the media business, and is based in United States, received...

  • PR Newswire

    Sinclair Announces Contingent Redemption of 6.125% Notes

    BALTIMORE, Nov. 12, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has notified the trustee for its 6.125% Senior Notes due 2022 (CUSIP No. 829259AN0) (the "Notes") that it intends to redeem, in full, STG's outstanding $500 million aggregate principal amount of Notes on November 27, 2019 (the "Redemption Date"). The redemption of the Notes is contingent upon STG's incurrence of new debt financing in the amount of at least $500 million (the "Financing").

  • John Rogers' Firm Increases Its Bet on MSG Networks
    GuruFocus.com

    John Rogers' Firm Increases Its Bet on MSG Networks

    Guru adds to stake in media company Continue reading...

  • 'The true religion of America': Why one TV mogul is going all in on sports
    Yahoo Finance

    'The true religion of America': Why one TV mogul is going all in on sports

    As streaming has turned the television industry on its head, one media mogul went against the trend this year. He revealed the advice from News Corp. Founder Rupert Murdoch by way of Oracle CEO Larry Ellison that led him to do it.

  • Thomson Reuters StreetEvents

    Edited Transcript of SBGI earnings conference call or presentation 6-Nov-19 2:00pm GMT

    Q3 2019 Sinclair Broadcast Group Inc Earnings Call

  • Reuters

    UPDATE 1-FCC orders station groups to negotiate with AT&T in DirecTV dispute

    The Federal Communications Commission on Friday said it was directing broadcast station groups to go to the negotiating table over whether to allow local stations to air on AT&T Inc's DirectTV after some consumers have been without access for five months. In June, AT&T filed a bad faith complaint against nine individual station owners, which collectively pulled 20 stations in 17 cities from DIRECTV, DIRECTV NOW and/or U-verse. The nine station groups are either managed or controlled by Sinclair Broadcast Group, AT&T said.

  • FCC orders station groups to negotiate with AT&T in DirecTV dispute
    Reuters

    FCC orders station groups to negotiate with AT&T in DirecTV dispute

    The Federal Communications Commission on Friday said it was directing broadcast station groups to go to the negotiating table over whether to allow local stations to air on AT&T Inc's DirectTV after some consumers have been without access for five months. In June, AT&T filed a bad faith complaint against nine individual station owners, which collectively pulled 20 stations in 17 cities from DIRECTV, DIRECTV NOW and/or U-verse. The nine station groups are either managed or controlled by Sinclair Broadcast Group, AT&T said.

  • Sinclair CEO warns Dish: Agree to deal or risk becoming irrelevant
    American City Business Journals

    Sinclair CEO warns Dish: Agree to deal or risk becoming irrelevant

    The Fox regional sports networks now owned by Sinclair have been blacked out on Dish and Sling TV since July.

  • Sinclair Broadcast takes $60M loss in 3Q after Fox sports deal
    American City Business Journals

    Sinclair Broadcast takes $60M loss in 3Q after Fox sports deal

    CEO Chris Ripley said in a statement the third quarter represented a "defining moment" for Sinclair because it established the company as "a leader in local sports and news."

  • Sinclair (SBGI) Beats Q3 Earnings and Revenue Estimates
    Zacks

    Sinclair (SBGI) Beats Q3 Earnings and Revenue Estimates

    Sinclair (SBGI) delivered earnings and revenue surprises of 248.48% and 50.30%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

    BALTIMORE , Nov. 6, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class ...

  • PR Newswire

    Sinclair Reports Third Quarter 2019 Financial Results

    -- Increases Total Revenue By 47% Compared To Prior Year -- Announces Quarterly Dividend Per Share Of $0.20 -- Closes Acquisition Of Regional Sports Networks Business BALTIMORE , Nov. 6, 2019 /PRNewswire/ ...

  • Cubs fill key position at new cable sports channel
    American City Business Journals

    Cubs fill key position at new cable sports channel

    The Cubs and Sinclair Broadcast Group are betting big they can win over viewers to a new sports cable channel that Michael Santini will be in charge of programming.

  • PR Newswire

    Ring of Honor Now Available Across Sinclair Broadcast Group's Newly Purchased Regional Sports Networks

    BALTIMORE, Nov. 4, 2019 /PRNewswire/ -- Sinclair Broadcast Group (SBGI) today announced the start of a weekly airing of professional wrestling promotion Ring of Honor (ROH) on its regional sports networks (RSNs). Beginning Friday, November 8, matches will air at midnight in the applicable time zones for wrestling fans who receive from their TV provider any of the 21 RSNs that Sinclair acquired earlier this year and on Marquee when it launches in early 2020. This marks the first original sports entertainment content brought by Sinclair since acquiring the RSNs.