SBGI icon

Sinclair Inc

14.71 USD
+0.07
0.48%
At close Feb 10, 4:00 PM EST
1 day
0.48%
5 days
1.10%
1 month
-6.01%
3 months
-10.09%
6 months
17.40%
Year to date
-13.42%
1 year
-7.77%
5 years
-49.73%
10 years
-42.22%
 

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 3 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

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

Low target
$16
9%
upside
Avg. target
$22
47%
upside
High target
$30
104%
upside

3 analyst ratings

positive
67%
neutral
0%
negative
33%
Benchmark
Daniel Kurnos
56% 1-year accuracy
45 / 81 met price target
104%upside
$30
Buy
Reiterated
28 Jan 2025
Guggenheim
Curry Baker
54% 1-year accuracy
14 / 26 met price target
29%upside
$19
Buy
Maintained
19 Nov 2024
JP Morgan
David Karnovsky
64% 1-year accuracy
16 / 25 met price target
9%upside
$16
Underweight
Maintained
12 Nov 2024

Financial journalist opinion

Based on 14 articles about SBGI published over the past 30 days

Neutral
Business Wire
22 hours ago
Sinclair Announces 99.1% Early Participation and Receipt of Requisite Notes Consents in Private Debt Exchange Offer and Consent Solicitation of Sinclair Television Group
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) today announced the early participation and consent results for Sinclair Television Group, Inc. (“STG” or the “Issuer”) in connection with its previously announced (i) private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 4.375% Second-Out First Lien Secured Notes due 2032 (the “Exchange Second-Out Notes”) for any and all of the Issuer's outstanding 4.125% Senior Secured Not.
Sinclair Announces 99.1% Early Participation and Receipt of Requisite Notes Consents in Private Debt Exchange Offer and Consent Solicitation of Sinclair Television Group
Neutral
Business Wire
1 week ago
Sinclair Announces the Retirement of Dave Howitt, Senior Vice-President of Programming
BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that Dave Howitt, Senior Vice President of Programming, will retire on March 31, after a career spanning more than 48 years in television, including over 30 years with Sinclair. Howitt has been a cornerstone of Sinclair's programming operations, focusing on the acquisition of syndicated programming and program scheduling, overseeing syndicated programming efforts for 43 markets and 90 stations. Before joining Sinclair, Howitt held various pro.
Sinclair Announces the Retirement of Dave Howitt, Senior Vice-President of Programming
Neutral
Business Wire
1 week 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.
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
Neutral
Business Wire
1 week 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.
Sinclair Prices Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
Neutral
Business Wire
2 weeks 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.
Sinclair Announces Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
Neutral
Business Wire
2 weeks 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.
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
Neutral
Business Wire
2 weeks 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.
Sinclair Reports Preliminary Fourth Quarter 2024 Local Media Segment Media Revenues and Certain Expenses
Neutral
Business Wire
2 weeks 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.
Sinclair to Report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 p.m. (Eastern Time)
Neutral
Business Wire
2 weeks 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.
Sinclair Announces Company Promotions
Positive
Seeking Alpha
2 weeks 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.
Sinclair: Earnings Surprise, And Very Undervalued
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