Sinclair IncSBGI
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
184% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $2.07M
23% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
3% less capital invested
Capital invested by funds: $363M [Q1] → $352M (-$11M) [Q2]
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
1% less funds holding
Funds holding: 150 [Q1] → 148 (-2) [Q2]
5.39% less ownership
Funds ownership: 67.68% [Q1] → 62.29% (-5.39%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Benchmark Daniel Kurnos 74% 1-year accuracy 39 / 53 met price target | 76%upside $30 | Buy Maintained | 23 Sept 2024 |
Rosenblatt Barton Crockett 70% 1-year accuracy 31 / 44 met price target | 3%downside $16.50 | Neutral Maintained | 20 Sept 2024 |
Financial journalist opinion
Based on 9 articles about SBGI published over the past 30 days
