Sinclair Broadcast Group Stock Today
| SBGI Stock | USD 12.10 0.32 2.72% |
Performance0 of 100
| Odds Of DistressLess than 43
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Sinclair Broadcast is trading at 12.10 as of the 18th of April 2024. This is a 2.72 percent up since the beginning of the trading day. The stock's open price was 11.78. Sinclair Broadcast has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over 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 19th of March 2024 and ending today, the 18th of April 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 39.83 M outstanding shares of which 3.38 M shares are at this time shorted by private and institutional investors with about 6.2 trading days to cover. More on Sinclair Broadcast Group
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Sinclair Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sinclair Broadcast's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sinclair Broadcast or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Christopher Ripley | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadcasting, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Communication Services, Media, Entertainment, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Sinclair Broadcast report their recommendations after researching Sinclair Broadcast's financial statements, talking to executives and customers, or listening in on Sinclair Broadcast's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sinclair Broadcast. The Sinclair consensus assessment is calculated by taking the average forecast from all of the analysts covering Sinclair Broadcast. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Sinclair Broadcast's liquidity, profitability, solvency, and operating efficiency, Sinclair Broadcast Group is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Sinclair Broadcast is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Sinclair Broadcast's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sinclair Broadcast's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 'Small-Cap' category with a current market capitalization of 750.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sinclair Broadcast's market, we take the total number of its shares issued and multiply it by Sinclair Broadcast's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sinclair Broadcast conducts business under Media sector and is part of Communication Services industry. The entity has 39.83 M outstanding shares of which 3.38 M shares are at this time shorted by private and institutional investors with about 6.2 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 AllocationSinclair Broadcast shows a total of 39.83 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. Consequently, these institutions are subject to different rules and regulations than regular investors in Sinclair Broadcast. Please watch out for any change in the institutional holdings of Sinclair Broadcast as this could mean something significant has changed or is about to change at the company. 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 Price Odds Analysis
Coming from a normal probability distribution, the odds of Sinclair Broadcast jumping above the current price in 90 days from now is about 88.38%. The Sinclair Broadcast Group probability density function shows the probability of Sinclair Broadcast stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5192. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sinclair Broadcast will likely underperform. Additionally, sinclair Broadcast Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Sinclair Broadcast to move above the current price in 90 days from now is about 88.38 (This Sinclair Broadcast Group probability density function shows the probability of Sinclair Stock to fall within a particular range of prices over 90 days) .
Sinclair Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sinclair Broadcast that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sinclair Broadcast's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sinclair Broadcast's value.| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 648.5 K | |
| Pinnacle Associates Inc | 2023-12-31 | 642.7 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 431.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 418.6 K | |
| Millennium Management Llc | 2023-12-31 | 384.9 K | |
| Northern Trust Corp | 2023-12-31 | 381.6 K | |
| Alden Global Capital Llc | 2023-09-30 | 346.9 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 344 K | |
| Aqr Capital Management Llc | 2023-12-31 | 327 K | |
| Gamco Investors, Inc. Et Al | 2023-12-31 | 3.5 M | |
| Vanguard Group Inc | 2023-12-31 | 3.4 M |
Sinclair Broadcast Historical Income Statement
Sinclair Broadcast Group Income Statement is one of the three primary financial statements used for reporting Sinclair's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sinclair Broadcast revenue and expense. Sinclair Broadcast Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Sinclair Broadcast's Net Income Applicable To Common Shares is increasing as compared to previous years. The Sinclair Broadcast's current Discontinued Operations is estimated to increase to about 14 M, while Depreciation And Amortization is projected to decrease to under 245.7 M. View More FundamentalsSinclair Stock Against Markets
Picking the right benchmark for Sinclair Broadcast stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sinclair Broadcast stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sinclair Broadcast is critical whether you are bullish or bearish towards Sinclair Broadcast Group at a given time. Please also check how Sinclair Broadcast's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sinclair Broadcast without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Sinclair Broadcast Corporate Directors
Sinclair Broadcast corporate directors refer to members of a Sinclair Broadcast board of directors. The board of directors generally takes responsibility for the Sinclair Broadcast's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sinclair Broadcast's board members must vote for the resolution. The Sinclair Broadcast board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Smith | Director | Profile | |
| Martin Leader | Independent Director | Profile | |
| Daniel Keith | Independent Director | Profile | |
| Benson Legg | Director | Profile |
How to buy Sinclair Stock?
Before investing in Sinclair Broadcast, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sinclair Broadcast. To buy Sinclair Broadcast stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sinclair Broadcast. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sinclair Broadcast stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sinclair Broadcast Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sinclair Broadcast Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sinclair Broadcast Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sinclair Stock please use our How to Invest in Sinclair Broadcast guide.
Already Invested in Sinclair Broadcast Group?
The danger of trading Sinclair Broadcast Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sinclair Broadcast is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sinclair Broadcast. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sinclair Broadcast is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Sinclair Broadcast information on this page should be used as a complementary analysis to other Sinclair Broadcast's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Sinclair Stock analysis
When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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Is Sinclair Broadcast's industry 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 (0.93) | Dividend Share 1 | Earnings Share (4.46) | Revenue Per Share 48.123 | Quarterly Revenue Growth (0.14) |
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.