Sinclair, Inc. (SBGI)
NASDAQ (NGS) NASDAQ (NGS) Primary 
XFRA 
Sinclair: New IoT Capabilities And Refinancing Make It A Buy
The recent joint venture agreement to create EdgeBeam Wireless will most likely bring new IoT capabilities. New podcasts and expected market growth could accelerate revenue growth in 2025 and 2026. Changes in FCC rules may bring new M&A opportunities.
Sinclair: Broadcaster Poised To Benefit From FCC Deregulation Catalyst
Recent market volatility could work in your favor, when it comes to capitalizing on tailwinds for TV broadcasting stocks like Sinclair. Deregulation under the current FCC leadership could lead Sinclair to either make accretive acquisitions, or to capitalize on the resultant 'merger mania' through asset sales. Alongside deregulation, catalysts like potential further monetization of broadcast spectrum are still in play as well.
Sinclair, Inc. (SBGI) Q4 2024 Earnings Call Transcript
Sinclair, Inc. (NASDAQ:SBGI ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Chris King - Vice President of Investor Relations Christopher Ripley - President and Chief Executive Officer Robert Weisbord - Chief Operating Officer and President of Local Media Lucy Rutishauser - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Kurnos - Benchmark Aaron Watts - Deutsche Bank David Hamburger - Morgan Stanley Benjamin Soff - Deutsche Bank Operator Greetings. Welcome to the Sinclair Fourth Quarter 2024 Earnings Conference Call.
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.
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
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.
Can Sinclair (SBGI) Run Higher on Rising Earnings Estimates?
Sinclair (SBGI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Wall Street Analysts Think Sinclair (SBGI) Could Surge 26.58%: Read This Before Placing a Bet
The consensus price target hints at a 26.6% upside potential for Sinclair (SBGI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Sinclair (SBGI) Shows Fast-paced Momentum But Is Still a Bargain Stock
Sinclair (SBGI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Sinclair (SBGI) Tops Q2 Earnings Estimates
Sinclair (SBGI) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $1.09 per share a year ago.
Sinclair: Despite Key Catalysts, Long-Term Issues Are A Problem
Sinclair is a diversified media company with a complex structure and a market capitalization of $831 million. The company's Local Media segment, which includes broadcast television stations, has seen a decline in revenue and profits. The Tennis segment, which includes Tennis Channel, has shown some strength with an increase in revenue and subscribers.
Kingsview Wealth Management LLC Has $1.11 Million Holdings in Sinclair, Inc. (NASDAQ:SBGI)
Kingsview Wealth Management LLC cut its stake in Sinclair, Inc. (NASDAQ:SBGI – Free Report) by 57.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,871 shares of the company’s stock after selling 114,012 shares during the period. Kingsview Wealth Management LLC owned approximately 0.13% of Sinclair worth $1,106,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in shares of Sinclair during the third quarter valued at about $31,000. Russell Investments Group Ltd. bought a new stake in shares of Sinclair during the fourth quarter valued at approximately $117,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Sinclair during the third quarter valued at approximately $113,000. Nisa Investment Advisors LLC raised its stake in shares of Sinclair by 29,122.2% in the third quarter. Nisa Investment Advisors LLC now owns 10,520 shares of the company’s stock valued at $118,000 after purchasing an additional 10,484 shares in the last quarter. Finally, Valley Forge Investment Consultants Inc. ADV bought a new position in Sinclair in the third quarter worth $120,000. 41.71% of the stock is currently owned by institutional investors and hedge funds. Sinclair Price Performance SBGI stock opened at $14.55 on Monday. The business has a fifty day moving average price of $12.93 and a 200 day moving average price of $13.72. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 15.29. Sinclair, Inc. has a fifty-two week low of $9.39 and a fifty-two week high of $17.58. Sinclair (NASDAQ:SBGI – Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.35. The company had revenue of $826.00 million during the quarter, compared to analyst estimates of $838.75 million. Sinclair had a negative return on equity of 2.65% and a negative net margin of 14.34%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same period last year, the company posted $0.90 earnings per share. On average, analysts anticipate that Sinclair, Inc. will post 3.08 earnings per share for the current year. Sinclair Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.87%. Sinclair’s payout ratio is -14.04%. Wall Street Analysts Forecast Growth SBGI has been the subject of a number of recent research reports. StockNews.com upgraded shares of Sinclair from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Wells Fargo & Company lifted their price objective on Sinclair from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Sinclair currently has an average rating of “Hold” and a consensus target price of $18.14. View Our Latest Research Report on Sinclair Insider Transactions at Sinclair In related news, CAO David R. Bochenek sold 20,803 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $13.44, for a total value of $279,592.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Daniel C. Keith sold 30,086 shares of Sinclair stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $13.58, for a total value of $408,567.88. Following the completion of the sale, the director now directly owns 30,000 shares in the company, valued at $407,400. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO David R. Bochenek sold 20,803 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $13.44, for a total transaction of $279,592.32. The disclosure for this sale can be found here. 46.60% of the stock is owned by company insiders. Sinclair Profile (Free Report) Sinclair, Inc, a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs.
