Sinclair IncSBGI
SBGI
About: Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their content to pay-TV distributors.
Employees: 7,300
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $9.31M | Put options by funds: $3.77M
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
16% more capital invested
Capital invested by funds: $356M [Q2] → $412M (+$55.5M) [Q3]
6% more funds holding
Funds holding: 148 [Q2] → 157 (+9) [Q3]
0.35% more ownership
Funds ownership: 63.04% [Q2] → 63.39% (+0.35%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 50
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
0%
upside
Avg. target
$21
31%
upside
High target
$30
87%
upside
4 analyst ratings
2 positive
50%
1 neutral
25%
1 negative
25%
Guggenheim Curry Baker 38% 1-year accuracy 8 / 21 met price target | 18%upside $19 | Buy Maintained | 19 Nov 2024 |
JP Morgan David Karnovsky 68% 1-year accuracy 17 / 25 met price target | 1%downside $16 | Underweight Maintained | 12 Nov 2024 |
Wells Fargo Steven Cahall 61% 1-year accuracy 23 / 38 met price target | 18%upside $19 | Equal-Weight Upgraded | 7 Nov 2024 |
Benchmark Daniel Kurnos 62% 1-year accuracy 48 / 78 met price target | 87%upside $30 | Buy Maintained | 23 Sept 2024 |
Financial journalist opinion
Based on 5 articles about SBGI published over the past 30 days
Neutral
Business Wire
3 days ago
Nashville PBS and Sinclair Launch WNPT-VC, ATSC 3.0 Virtual Channel
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nashville PBS and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), proudly announce the launch of WNPT-VC, a new virtual ATSC 3.0 channel, broadcasting on virtual channel 8-11. This innovative launch brings Nashville PBS' high-quality programming into the NEXTGEN television space, offering viewers a state-of-the-art experience. The programming on WNPT-VC mirrors that of Nashville PBS' main channel, 8-1, while providing enhanced acc.
Neutral
Business Wire
3 days ago
Sinclair Expands Broadcast Network Footprint of TBD TV Through Partnership With FOX in Top 10 DMAs
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair today announced a network distribution agreement with FOX Television Stations to add Sinclair's free over-the-air national broadcast TV network TBD TV to FOX's owned and operated affiliates beginning January 15, 2025. The expanded agreement positions TBD TV in FOX's key channel slots in several of the top markets, including the three largest DMAs, adding 22 million total TV households. TBD TV is the home of big stars and big comedy, with a lineup of g.
Neutral
Business Wire
1 week ago
Airtasker USA Accelerates Growth with $12 Million in Strategic Media Partnerships with Sinclair and Mercurius
LOS ANGELES--(BUSINESS WIRE)--Airtasker (ASX: ART), the global marketplace for local services, today announced it has secured a total of $12 million in media capital through partnerships with Sinclair Broadcast Group, a division of Sinclair, Inc. (NASDAQ:SBGI) and Mercurius Media Capital LP. These partnerships bring Airtasker USA's total media capital raised in 2024 to $21.75 million, expanding the company's reach and enabling more Americans to connect with local Taskers for help with everyday.
Neutral
Business Wire
1 week ago
Sinclair's “The Triple Option” Podcast to Broadcast Live from the 2024 Army-Navy Game Media Row Presented by USAA
BALTIMORE--(BUSINESS WIRE)--One of the greatest rivalries in sports is set to add another chapter on Saturday, December 14, as Army and Navy face off for the 125th time. In celebration of this storied matchup, Sinclair is excited to announce that “The Triple Option” podcast will broadcast live from Army-Navy Game Media Row presented by USAA on Friday, December 13, from 12-1:30pm ET at the Military Women's Memorial in Arlington National Cemetery. Presented by USAA, this special live broadcast of.
Neutral
MarketBeat
2 weeks ago
3 Small-Cap Stocks on the Rise With Over 4% Dividend Yields
Small-cap stocks and dividends aren't always synonymous. However, that's not true for these three stocks.
Neutral
Business Wire
1 month ago
Sinclair Congratulates Brendan Carr on Appointment as Chairman of the Federal Communications Commission
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that Commissioner Brendan Carr will be named Chairman of the Federal Communications Commission: “Congratulations to Commissioner Carr on being named the next Chairman of the Federal Communications Commission. We look forward to working with him to strengthen local broadcasting by leveling the playing field and removing regulatory roadblocks that needlessl.
Neutral
Business Wire
1 month ago
Sinclair and IIT Bombay Sign MoU for Next Generation Wireless Broadcast-to-Everything (B2X) Research
BALTIMORE & MUMBAI, India--(BUSINESS WIRE)--Sinclair, Inc. and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MoU) for collaboration of technology and standards development in wireless broadcast services over next generation telecom and broadcast networks. Research efforts will focus on enhancements to the international ATSC 3.0 wireless broadcast standard for a variety of mobile, television and other fixed applications that can benefit India a.
Neutral
Seeking Alpha
1 month ago
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Sinclair (SBGI) Q3 Earnings and Revenues Surpass Estimates
Sinclair (SBGI) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to loss of $0.30 per share a year ago.
Neutral
Business Wire
1 month ago
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on December 16, 2024, to the holders of record at the close of business on December 2, 2024. Sinclair, Inc., (Nasdaq: SBGI) is a diversified media company and leading provider of local news and sports. The Company owns, operates and/or provides services to 185 televisio.
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