Sinclair Inc (SBGI)

• Market cap: $956M
• 1 day: 0.49%
• 5 days: -1.84%
• 1 month: -1.44%
• 3 months: -16.43%
• 6 months: 4.28%
• Year to date: -15.30%
• 1 year: 8.11%
• 5 years: -10.90%
• 10 years: -48.64%
• Sector: Communication Services
• Industry: Television Broadcasting Stations

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, covering 40% of US households. 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 premium sports content to pay-TV distributors.

Employees: 7,200

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 18

76% more call options, than puts

Call options by funds: $5.18M | Put options by funds: $2.94M

10% more funds holding

Funds holding: 157 [Q3] → 173 (+16) [Q4]

4% more capital invested

Capital invested by funds: $412M [Q3] → $428M (+$15.4M) [Q4]

1.35% less ownership

Funds ownership: 63.45% [Q3] → 62.11% (-1.35%) [Q4]

22% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 58

33% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 18% upside
• Avg. target: $21 48% upside
• High target: $30 108% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Guggenheim Curry Baker 27% 1-year accuracy 9 / 33 met price target	18% upside $17	Buy Maintained	10 Mar 2025
Wells Fargo Steven Cahall 57% 1-year accuracy 20 / 35 met price target	18% upside $17	Equal-Weight Maintained	27 Feb 2025
Benchmark Daniel Kurnos 48% 1-year accuracy 43 / 89 met price target	108% upside $30	Buy Reiterated	28 Jan 2025