44.47 0.00 (0.00%)
After hours: 4:36PM EDT
|Bid||41.50 x 1000|
|Ask||44.45 x 800|
|Day's Range||44.27 - 45.23|
|52 Week Range||25.14 - 66.57|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||13.84|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||0.80 (1.59%)|
|1y Target Est||63.38|
Sinclair Broadcast Group Inc. has brought on an executive with sports marketing experience as the company inches closer to completing its purchase of 21 Fox regional sports networks. Cathy Jamison joins the Hunt Valley-based broadcaster as vice president of sales marketing of its television group. In the role she will report to Chief Revenue Officer Rob Weisbord and be responsible for driving revenue growth from advertising on Sinclair's TV channels and digital brands.
BALTIMORE, Aug. 19, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) is pleased to announce that Cathy Jamison has been named Vice President of Sales Marketing of Sinclair's television group. Ms. Jamison will report to Chief Revenue Officer, Rob Weisbord, and will be leading the comprehensive marketing strategy and cross-platform brand building for our sales teams to further drive Sinclair's market-leading position. Cathy Jamison is a seasoned marketing and media veteran who has entertainment, brand, and agency experience. Prior to that, Ms. Jamison was VP of Marketing for Relevent Sports where she worked on the brand development and marketing plans for the International Champions Cup and El Clasico Miami. From 2013 to 2016 she also ran a marketing and branding consultancy for hotels, consumer products, and professional services companies.
JOHNSTOWN, Pa., Aug. 15, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) announced that Jason Wildenstein has been named General Manager for WJAC (NBC) in Johnstown, Pennsylvania. The announcement was made by Steve Marks, EVP & Chief Operating Officer of Sinclair's television group. In making the announcement, Mr. Marks said, "We are thrilled to have Jason join Sinclair. "I'm extremely excited to be joining Sinclair and the very talented team at WJAC," commented Mr. Wildenstein. "I'm looking forward to living and working in West-Central Pennsylvania, serving the amazing communities there and contributing to the growth of the station.
Today we'll take a closer look at Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) from a dividend investor's perspective...
A number of contract disputes have led to station blackouts across the U.S., including Dish dropping regional sports networks being acquired by Sinclair Broadcast Group.
Sinclair has completed the financing for its acquisition of 21 Fox regional sports networks and expects the transaction to close in the third quarter, CEO Chris Ripley said.
Sinclair (SBGI) delivered earnings and revenue surprises of 6.06% and -0.19%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
BALTIMORE, Aug. 7, 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 September 16, 2019, to the holders of record at the close of business on August 30, 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.
- INCREASES TOTAL REVENUE BY 6% COMPARED TO PRIOR YEAR - ANNOUNCES QUARTERLY DIVIDEND PER SHARE OF $0.20 BALTIMORE , Aug. 7, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" ...
The stock market was on track for its worst day of the year after China's central bank allowed the value of the yuan to weaken against the U.S. dollar.
BALTIMORE , Aug. 2, 2019 /PRNewswire/ -- In connection with its $9.6 billion pending and previously announced acquisition of a regional sports networks business ("RSN") from The Walt Disney Company, ...
HUNT VALLEY, Md., Aug. 1, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) announced today that Louis Libin has rejoined the company as its Vice President for Spectrum Engineering and Policy.
BALTIMORE, July 31, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (SBGI) ("Sinclair") has recently renewed its agreement with the North Carolina High School Athletic Association (NCHSAA) to continue producing and broadcasting the North Carolina High School football and basketball championship games to air across the state through May 2022. "We are very excited to continue our relationship with the NCHSAA for another 3 years," said Steve Mann, Executive Director for Sinclair's High School Sports Division. "After a successful two-year contract, we are pleased to continue our partnership with Sinclair and their local stations," added NCHSAA Commissioner Que Tucker. "Sinclair has been a wonderful friend to the Association and our member schools.
Sinclair (SBGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BALTIMORE , July 29, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television ...
A father and son took the trip of a lifetime to attend the Baseball Hall of Fame induction of Seattle Mariners Legend Edgar Martinez.
AT&T; became the first major mobile operator to offer a service that automatically blocks unwanted calls. This service has also opened a new revenue stream as the company works to reduce its debt.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
BALTIMORE, July 18, 2019 /PRNewswire/ -- In connection with its $9.6 billion pending and previously announced acquisition of a regional sports networks business ("RSN") from The Walt Disney Company, Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (SBGI) announced today that its indirect wholly-owned subsidiaries, Diamond Sports Group, LLC ("Diamond") and Diamond Sports Finance Company (the "Co-Issuer" and, together with Diamond Sports Group, the "Issuers"), have priced their previously announced private offering of $3.050 billion aggregate principal amount of Senior Secured Notes due 2026 (the "Secured Notes") and $1.825 billion aggregate principal amount of Senior Notes due 2027 (the "Senior Notes" and, together with the Secured Notes, the "Notes").
Moody's Investors Service (Moody's) today said that Diamond Sports Group, LLC's (Diamond, Ba3 stable) announcement that it would increase by $500 million the amount of senior secured debt, and concurrently decrease the amount of senior unsecured debt, it is raising as part of the acquisition of the Regional Sports Networks, had no impact on Diamond ratings. The transaction is leverage neutral and the increase in the quantum of senior secured debt has no impact on the company's Ba2 senior secured rating nor on the B2 rating on the senior unsecured facilities.
The downgrade of the senior secured instruments reflects the increase in the quantum of senior secured debt and the reduction in senior unsecured debt ranking behind it. After the transaction, Sinclair will have around $2,625 million of senior secured debt ranking ahead of $1,800 million of senior unsecured notes.