Sinclair Broadcast Group Stock Net Income

SBGI Stock  USD 17.17  0.67  4.06%   
Sinclair Broadcast Group fundamentals help investors to digest information that contributes to Sinclair Broadcast's financial success or failures. It also enables traders to predict the movement of Sinclair Stock. The fundamental analysis module provides a way to measure Sinclair Broadcast's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sinclair Broadcast stock.
Last ReportedProjected for Next Year
Net Loss-291 M-276.4 M
Net Income Applicable To Common SharesB3.2 B
Net Loss-279 M-265.1 M
Net Loss(4.47)(4.24)
Net Income Per E B T 0.46  0.48 
As of now, Sinclair Broadcast's Net Income Applicable To Common Shares is increasing as compared to previous years. The Sinclair Broadcast's current Net Income Per E B T is estimated to increase to 0.48, while Net Loss is forecasted to increase to (276.4 M).
  
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Sinclair Broadcast Group Company Net Income Analysis

Sinclair Broadcast's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Sinclair Broadcast Net Income

    
  (291 M)  
Most of Sinclair Broadcast's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sinclair Broadcast Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sinclair Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Sinclair Broadcast is extremely important. It helps to project a fair market value of Sinclair Stock properly, considering its historical fundamentals such as Net Income. Since Sinclair Broadcast's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sinclair Broadcast's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sinclair Broadcast's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Sinclair Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.21 Million

As of now, Sinclair Broadcast's Accumulated Other Comprehensive Income is increasing as compared to previous years.
Based on the recorded statements, Sinclair Broadcast Group reported net income of (291 Million). This is 118.24% lower than that of the Media sector and significantly lower than that of the Communication Services industry. The net income for all United States stocks is 150.97% higher than that of the company.

Sinclair Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sinclair Broadcast's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sinclair Broadcast could also be used in its relative valuation, which is a method of valuing Sinclair Broadcast by comparing valuation metrics of similar companies.
Sinclair Broadcast is currently under evaluation in net income category among its peers.

Sinclair Broadcast ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sinclair Broadcast's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sinclair Broadcast's managers, analysts, and investors.
Environmental
Governance
Social

Sinclair Broadcast Institutional Holders

Institutional Holdings refers to the ownership stake in Sinclair Broadcast that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sinclair Broadcast's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sinclair Broadcast's value.
Shares
Pinnacle Associates Inc2024-09-30
642.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
633.9 K
Charles Schwab Investment Management Inc2024-09-30
563.5 K
Schonfeld Strategic Advisors Llc2024-06-30
500.2 K
Bank Of New York Mellon Corp2024-06-30
447.5 K
Northern Trust Corp2024-09-30
340.4 K
Amvescap Plc.2024-06-30
307.6 K
Alliancebernstein L.p.2024-06-30
223.7 K
Empowered Funds, Llc2024-06-30
220.3 K
Vanguard Group Inc2024-09-30
3.6 M
Gamco Investors, Inc. Et Al2024-06-30
3.6 M

Sinclair Fundamentals

About Sinclair Broadcast Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sinclair Broadcast Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sinclair Broadcast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sinclair Broadcast Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:
Check out Sinclair Broadcast Piotroski F Score and Sinclair Broadcast Altman Z Score analysis.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sinclair Broadcast. If investors know Sinclair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sinclair Broadcast listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Dividend Share
1
Earnings Share
(3.16)
Revenue Per Share
51.806
Quarterly Revenue Growth
0.196
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.