Sinclair Broadcast Group Stock Today

SBGI Stock  USD 17.29  0.12  0.70%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 33

 
High
 
Low
Below Average
Sinclair Broadcast is trading at 17.29 as of the 24th of November 2024. This is a 0.70 percent increase since the beginning of the trading day. The stock's open price was 17.17. Sinclair Broadcast has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Sinclair Broadcast Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
6th of June 1995
Category
Communication Services
Sinclair Broadcast Group, Inc. operates as a media company in the United States. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland. Sinclair Brdcst operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. The company has 42.65 M outstanding shares of which 3.07 M shares are at this time shorted by private and institutional investors with about 9.45 trading days to cover. More on Sinclair Broadcast Group

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Sinclair Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEOChristopher Ripley
Business ConcentrationBroadcasting, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Communication Services, Media, Entertainment, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.280.515
Way Down
Pretty Stable
Gross Profit Margin0.740.4703
Way Up
Slightly volatile
Net Debt3.3 B3.7 B
Fairly Down
Slightly volatile
Total Current Liabilities1.2 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB4.8 B
Fairly Down
Slightly volatile
Total Assets4.9 B6.1 B
Significantly Down
Slightly volatile
Total Current Assets848 M1.5 B
Way Down
Slightly volatile
Total Cash From Operating Activities321.2 M235 M
Significantly Up
Slightly volatile
Debt Levels
Sinclair Broadcast can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sinclair Broadcast's financial leverage. It provides some insight into what part of Sinclair Broadcast's total assets is financed by creditors.
Liquidity
Sinclair Broadcast Group currently holds 4.35 B in liabilities with Debt to Equity (D/E) ratio of 5.38, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sinclair Broadcast has a current ratio of 2.17, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Sinclair Broadcast's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

403.2 Million
Sinclair Broadcast Group (SBGI) is traded on NASDAQ Exchange in USA. It is located in 10706 Beaver Dam Road, Hunt Valley, MD, United States, 21030 and employs 7,300 people. Sinclair Broadcast is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.15 B. Sinclair Broadcast conducts business under Media sector and is part of Communication Services industry. The entity has 42.65 M outstanding shares of which 3.07 M shares are at this time shorted by private and institutional investors with about 9.45 trading days to cover. Sinclair Broadcast Group currently holds about 420 M in cash with 235 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.01.
Check Sinclair Broadcast Probability Of Bankruptcy
Ownership Allocation
Sinclair Broadcast shows a total of 42.65 Million outstanding shares. Over half of Sinclair Broadcast's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sinclair Ownership Details

Sinclair Stock Institutional Holders

InstituionRecorded OnShares
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
Bridgeway Capital Management, Llc2024-09-30
516.8 K
Bank Of New York Mellon Corp2024-06-30
447.5 K
Citadel Advisors Llc2024-09-30
376.2 K
Schonfeld Strategic Advisors Llc2024-09-30
371.2 K
Northern Trust Corp2024-09-30
340.4 K
Amvescap Plc.2024-06-30
307.6 K
Vanguard Group Inc2024-09-30
3.6 M
Gamco Investors, Inc. Et Al2024-09-30
3.6 M
View Sinclair Broadcast Diagnostics

Sinclair Broadcast Historical Income Statement

As of now, Sinclair Broadcast's Total Operating Expenses is increasing as compared to previous years. The Sinclair Broadcast's current Selling General Administrative is estimated to increase to about 728.7 M, while Interest Expense is projected to decrease to under 195.6 M. View More Fundamentals

Sinclair Stock Against Markets

Sinclair Broadcast Corporate Management

Lucy RutishauserSr. VP of Corporate Fin. and TreasurerProfile
Delbert IIIPres TechnologyProfile
Jeffrey LewisVP OfficerProfile
Christopher KingVice RelationsProfile
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.