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 6,831 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
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
15% more capital invested
Capital invested by funds: $357M [Q2] → $412M (+$54.8M) [Q3]
6% more funds holding
Funds holding: 148 [Q2] → 157 (+9) [Q3]
0.22% more ownership
Funds ownership: 63.24% [Q2] → 63.46% (+0.22%) [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
8%
upside
Avg. target
$21
42%
upside
High target
$30
103%
upside
4 analyst ratings
2 positive
50%
1 neutral
25%
1 negative
25%
Benchmark Daniel Kurnos 61% 1-year accuracy 47 / 77 met price target | 103%upside $30 | Buy Reiterated | 28 Jan 2025 |
Guggenheim Curry Baker 48% 1-year accuracy 12 / 25 met price target | 29%upside $19 | Buy Maintained | 19 Nov 2024 |
JP Morgan David Karnovsky 70% 1-year accuracy 19 / 27 met price target | 8%upside $16 | Underweight Maintained | 12 Nov 2024 |
Wells Fargo Steven Cahall 56% 1-year accuracy 20 / 36 met price target | 29%upside $19 | Equal-Weight Upgraded | 7 Nov 2024 |
Financial journalist opinion
Based on 16 articles about SBGI published over the past 30 days
Neutral
Business Wire
1 day ago
Sinclair Announces Supplement to Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement Relating to the Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair”) today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has supplemented and amended the Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated as of January 27, 2025 (the “Offering Memorandum”) with respect to the previously announced (i) private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 4.375% Second-Out First.
Neutral
Business Wire
1 day ago
Sinclair Prices Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), has priced its previously announced private offering for an aggregate principal amount of $1,430 million of First-Out First Lien Secured Notes due 2033 (the “2033 Notes”). The 2033 Notes were priced at 100% of their face amount and will bear interest at a rate of 8.125% per annum payable semi-annually on Februar.
Neutral
Business Wire
4 days ago
Sinclair Announces Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), intends to offer in a private placement, subject to market conditions and other factors, $1,430 million aggregate principal amount of First-Out First Lien Secured Notes due 2033 (the “2033 Notes”). The Issuer expects to use the net proceeds from the private placement of the 2033 Notes, together with funds raised.
Neutral
Business Wire
4 days ago
Sinclair Announces Any and All Private Debt Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair") today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has commenced a private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 4.375% Second-Out First Lien Secured Notes due 2032 (144A CUSIP / ISIN: 829259BF6 / US829259BF69; REG S CUSIP / ISIN: U8275QAN0 / USU8275QAN08) (the “Exchange Second-Out Notes”) for any and all of the Issuer's outstanding 4.125% S.
Neutral
Business Wire
4 days ago
Sinclair Reports Preliminary Fourth Quarter 2024 Local Media Segment Media Revenues and Certain Expenses
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the “Company,” today released preliminary unaudited Local Media segment fourth quarter 2024 media revenues and certain media operating expenses. The Company expects Local Media segment media revenues to be $931 million to $933 million for the three months ended December 31, 2024, down modestly from the Company's previously disclosed guidance of $936 million to $945 million. This includes political advertising revenue of approximately $2.
Neutral
Business Wire
1 week ago
Sinclair to Report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 p.m. (Eastern Time)
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its fourth quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, February 26, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 787591. If you plan to participate on the conference call, plea.
Neutral
Business Wire
1 week ago
Sinclair Announces Company Promotions
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair Inc., a diversified media company and a leader in local news and sports, today announced several promotions across the company. The following promotions are effective immediately: Corporate Billie-Jo McIntire, VP, Corporate Finance – from AVP, Investor Relations Melissa Medina Yim, VP, Human Resources – from AVP, Human Resources Patrick Baldwin, AVP, Distribution – from Director, Distribution Sinclair Television Group Antonia DeFeo, SVP, Agency Solution.
Positive
Seeking Alpha
1 week ago
Sinclair: Earnings Surprise, And Very Undervalued
Sinclair, Inc. appears undervalued due to its strategic investments in property, equipment, and share repurchases, which signal confidence in future revenue growth and free cash flow. The company's expertise in attracting viewership and advertising, along with strong local news connections, provides a competitive advantage over internet-based competitors. Sinclair's national news desk benefits from local team support, enhancing content relevance and potentially boosting financial performance through services like Connect to Congress.
Neutral
Business Wire
1 week ago
PBS Reno and Sinclair Launch KNPB-VC, ATSC 3.0 Virtual Channel 5-11
RENO, Nev.--(BUSINESS WIRE)--PBS Reno and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), proudly announce the launch of KNPB-VC, a new virtual ATSC 3.0 channel, broadcasting on virtual channel 5-11. This innovative launch brings PBS Reno's high-quality programming into the NEXTGEN television space, offering viewers a state-of-the-art experience, including enhanced picture quality with Advanced HDR by Technicolor. The programming on KNPB-VC mirrors that of PBS Reno.
Neutral
Business Wire
2 weeks ago
Sinclair Launches AMP Sales & Marketing Solutions and AMP Media
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced the launch of two major initiatives: AMP Sales & Marketing Solutions, a reimagined advertising sales and integrated marketing division, and AMP Media, a dynamic new brand focused on non-news content and original programming. These developments represent key milestones in the company's ongoing transformation to expand its offerings and redefine how it engages clients, audiences, and partners. Beginning next month, Sinc.
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