Previous Close | 30.95 |
Open | 31.05 |
Bid | 30.42 x 1200 |
Ask | 30.44 x 4000 |
Day's Range | 30.17 - 31.25 |
52 Week Range | 25.14 - 66.57 |
Volume | 1114504 |
Avg. Volume | 869,189 |
Market Cap | 2.8B |
Beta (5Y Monthly) | 1.06 |
PE Ratio (TTM) | 13.65 |
EPS (TTM) | 2.23 |
Earnings Date | Feb 25, 2020 - Mar 2, 2020 |
Forward Dividend & Yield | 0.80 (2.58%) |
Ex-Dividend Date | 2019-11-27 |
1y Target Est | 49.44 |
Today we'll evaluate Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to determine whether it could have potential as an...
Sports betting is exploding across the nation, putting pressure on Georgia lawmakers to legalize wagering during the 2020 legislative session that starts next month.
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.
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 […]
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.
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").
The new cable sports network is taking special care to ensure content properly reflects the Cubs' rich history.
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 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.
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").
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.
Sinclair Broadcast Group, Inc. (NASDAQ:SBGI), which is in the media business, and is based in United States, received...
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").
Guru adds to stake in media company Continue reading...
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.
Q3 2019 Sinclair Broadcast Group Inc Earnings Call
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.
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.
The Fox regional sports networks now owned by Sinclair have been blacked out on Dish and Sling TV since July.
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) 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?
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 ...
-- 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/ ...
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.
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.