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Communication Services - Entertainment - NASDAQ - US
$ 16.185
-1.13 %
$ 1.08 B
Market Cap
-5.12
P/E
1. INTRINSIC VALUE

Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events.[ Read More ]

The intrinsic value of one SBGI stock under the base case scenario is HIDDEN Compared to the current market price of 16.2 USD, Sinclair Broadcast Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SBGI

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FINANCIALS
3.13 B REVENUE
-20.21%
-331 M OPERATING INCOME
-68.11%
-291 M NET INCOME
-10.77%
235 M OPERATING CASH FLOW
-70.59%
52 M INVESTING CASH FLOW
113.65%
-509 M FINANCING CASH FLOW
-44.19%
917 M REVENUE
10.62%
179 M OPERATING INCOME
171.21%
52 M NET INCOME
205.88%
224 M OPERATING CASH FLOW
173.20%
-130 M INVESTING CASH FLOW
-232.14%
73 M FINANCING CASH FLOW
370.37%
Balance Sheet Decomposition Sinclair Broadcast Group, Inc.
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Current Assets 1.48 B
Cash & Short-Term Investments 662 M
Receivables 624 M
Other Current Assets 189 M
Non-Current Assets 4.61 B
Long-Term Investments 515 M
PP&E 857 M
Other Non-Current Assets 3.24 B
Current Liabilities 1.1 B
Accounts Payable 142 M
Short-Term Debt 78 M
Other Current Liabilities 883 M
Non-Current Liabilities 4.76 B
Long-Term Debt 4.27 B
Other Non-Current Liabilities 491 M
EFFICIENCY
Earnings Waterfall Sinclair Broadcast Group, Inc.
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Revenue 3.13 B
Cost Of Revenue 1.66 B
Gross Profit 1.47 B
Operating Expenses 3.46 B
Operating Income -331 M
Other Expenses -40 M
Net Income -291 M
RATIOS
47.03% GROSS MARGIN
47.03%
-10.56% OPERATING MARGIN
-10.56%
-9.29% NET MARGIN
-9.29%
-102.11% ROE
-102.11%
-4.78% ROA
-4.78%
-3.25% ROIC
-3.25%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Sinclair Broadcast Group, Inc.
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Net Income -291 M
Depreciation & Amortization 351 M
Capital Expenditures -92 M
Stock-Based Compensation 45 M
Change in Working Capital 384 M
Others -24 M
Free Cash Flow 143 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Sinclair Broadcast Group, Inc.
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Wall Street analysts predict an average 1-year price target for SBGI of $22.8 , with forecasts ranging from a low of $15.7 to a high of $50 .
SBGI Lowest Price Target Wall Street Target
15.7 USD -3.00%
SBGI Average Price Target Wall Street Target
22.8 USD 40.69%
SBGI Highest Price Target Wall Street Target
50 USD 208.93%
4. DIVIDEND ANALYSIS
3.25% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Sinclair Broadcast Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
275 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
10 months ago
Dec 28, 2023
Sell 241 K USD
Gibber David B
SVP & General Counsel
- 18092
13.3325 USD
10 months ago
Dec 28, 2023
Sell 33.5 K USD
Gibber David B
SVP & General Counsel
- 2515
13.3325 USD
1 year ago
Oct 10, 2023
Bought 117 K USD
Friedman Howard E
Director
+ 12053
9.71 USD
1 year ago
Oct 09, 2023
Sell 116 K USD
Friedman Howard E
Director
- 12053
9.6311 USD
1 year ago
Feb 27, 2023
Sell 6.11 K USD
Lewis Jeffrey Edward
Chief Compliance Officer
- 360
16.971 USD
2 years ago
Jul 11, 2022
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 1500000
0 USD
2 years ago
Jul 11, 2022
Bought 31.2 M USD
SMITH DAVID D
Executive Chairman
+ 1500000
20.79 USD
2 years ago
Jul 11, 2022
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 1500000
0 USD
2 years ago
Jul 11, 2022
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 1500000
0 USD
2 years ago
Jul 11, 2022
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 1500000
0 USD
2 years ago
Mar 10, 2022
Bought 0 USD
SMITH J DUNCAN
Secretary
+ 594900
0 USD
2 years ago
Mar 10, 2022
Bought 15.5 M USD
SMITH J DUNCAN
Secretary
+ 594900
26.04 USD
3 years ago
Aug 12, 2021
Sell 98.8 K USD
MCCANNA LAWRENCE E
Director
- 3274
30.1693 USD
3 years ago
Jun 29, 2021
Sell 1.21 M USD
SMITH FREDERICK G
Vice President
- 36525
33.194 USD
3 years ago
Jun 30, 2021
Sell 2.1 M USD
SMITH FREDERICK G
Vice President
- 63475
33.0749 USD
3 years ago
Jun 22, 2021
Sell 3.21 M USD
SMITH FREDERICK G
Vice President
- 100000
32.1008 USD
3 years ago
Jun 09, 2021
Sell 416 K USD
SMITH FREDERICK G
Vice President
- 12488
33.3025 USD
3 years ago
Jun 10, 2021
Sell 490 K USD
SMITH FREDERICK G
Vice President
- 15000
32.658 USD
3 years ago
Jun 07, 2021
Sell 1.37 M USD
SMITH FREDERICK G
Vice President
- 40819
33.4558 USD
3 years ago
Jun 08, 2021
Sell 846 K USD
SMITH FREDERICK G
Vice President
- 25276
33.4654 USD
3 years ago
Jun 03, 2021
Sell 2.12 M USD
SMITH FREDERICK G
Vice President
- 62899
33.7346 USD
3 years ago
Jun 03, 2021
Sell 10.8 K USD
SMITH FREDERICK G
Vice President
- 314
34.2416 USD
3 years ago
Jun 04, 2021
Sell 1.94 M USD
SMITH FREDERICK G
Vice President
- 58204
33.309 USD
3 years ago
May 12, 2021
Sell 165 K USD
MCCANNA LAWRENCE E
Director
- 5000
33.0015 USD
3 years ago
Apr 12, 2021
Sell 2.08 M USD
SMITH J DUNCAN
Secretary
- 69366
30.0027 USD
3 years ago
Apr 09, 2021
Sell 934 K USD
SMITH J DUNCAN
Secretary
- 31025
30.0966 USD
3 years ago
Apr 08, 2021
Sell 4.5 M USD
SMITH J DUNCAN
Secretary
- 150000
30.0078 USD
3 years ago
Apr 07, 2021
Sell 1.96 M USD
SMITH J DUNCAN
Secretary
- 65036
30.0858 USD
3 years ago
Apr 05, 2021
Sell 1.99 M USD
SMITH J DUNCAN
Secretary
- 66289
30.0033 USD
3 years ago
Apr 06, 2021
Sell 1.45 M USD
SMITH J DUNCAN
Secretary
- 48243
30.0288 USD
3 years ago
Apr 01, 2021
Sell 381 K USD
SMITH J DUNCAN
Secretary
- 12667
30.0421 USD
3 years ago
Mar 19, 2021
Sell 8.73 M USD
SMITH DAVID D
Executive Chairman
- 252676
34.5688 USD
3 years ago
Mar 22, 2021
Sell 8.76 M USD
SMITH DAVID D
Executive Chairman
- 258424
33.8999 USD
3 years ago
Mar 22, 2021
Sell 2.52 M USD
SMITH DAVID D
Executive Chairman
- 74387
33.8999 USD
3 years ago
Mar 12, 2021
Sell 184 K USD
Gibber David B
SVP & General Counsel
- 4746
38.7159 USD
3 years ago
Mar 10, 2021
Sell 121 K USD
Bray Justin LeRoy
Treasurer
- 3200
37.9339 USD
3 years ago
Mar 05, 2021
Sell 127 K USD
FABER BARRY
Pres.,Dist.& Network Relations
- 3497.189
36.41 USD
3 years ago
Mar 05, 2021
Sell 181 K USD
BOCHENEK DAVID R
Chief Accounting Officer
- 5000
36.2518 USD
3 years ago
Mar 08, 2021
Sell 130 K USD
BOCHENEK DAVID R
Chief Accounting Officer
- 3444
37.7 USD
3 years ago
Mar 08, 2021
Sell 237 K USD
BOCHENEK DAVID R
Chief Accounting Officer
- 6282
37.7549 USD
3 years ago
Mar 05, 2021
Sell 28.7 K USD
BOCHENEK DAVID R
Chief Accounting Officer
- 788.6688
36.41 USD
3 years ago
Mar 05, 2021
Sell 482 K USD
RUTISHAUSER LUCY
SVP & CFO
- 13524
35.6213 USD
3 years ago
Mar 03, 2021
Sell 219 K USD
Gibber David B
SVP & General Counsel
- 6057
36.1269 USD
3 years ago
Mar 03, 2021
Sell 51.2 K USD
Gibber David B
SVP & General Counsel
- 1413
36.2359 USD
3 years ago
Mar 01, 2021
Sell 516 K USD
FABER BARRY
Pres.,Dist.& Network Relations
- 15857
32.5239 USD
3 years ago
Feb 26, 2021
Sell 304 K USD
KEITH DANIEL C
Director
- 10000
30.4097 USD
3 years ago
Dec 29, 2020
Sell 126 K USD
Legg Benson E
Director
- 4000
31.4343 USD
3 years ago
Dec 23, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 375000
0 USD
3 years ago
Dec 23, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 375000
0 USD
3 years ago
Dec 23, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 375000
0 USD
3 years ago
Dec 23, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 375000
0 USD
3 years ago
Dec 16, 2020
Sell 312 K USD
KEITH DANIEL C
Director
- 10827
28.8284 USD
3 years ago
Dec 17, 2020
Sell 282 K USD
KEITH DANIEL C
Director
- 9773
28.8688 USD
3 years ago
Dec 02, 2020
Bought 2.87 M USD
SMITH FREDERICK G
Vice President
+ 100000
28.72 USD
3 years ago
Dec 02, 2020
Bought 2.87 M USD
SMITH FREDERICK G
Vice President
+ 100000
28.72 USD
3 years ago
Dec 02, 2020
Bought 2.87 M USD
SMITH FREDERICK G
Vice President
+ 100000
28.72 USD
4 years ago
Mar 12, 2020
Bought 29.6 K USD
Friedman Howard E
Director
+ 1695
17.465 USD
4 years ago
Sep 24, 2020
Sell 81 K USD
Friedman Howard E
Director
- 4000
20.2493 USD
3 years ago
Nov 20, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 731000
0 USD
3 years ago
Nov 20, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 631000
0 USD
3 years ago
Nov 20, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 631000
0 USD
3 years ago
Nov 20, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 631000
0 USD
3 years ago
Nov 20, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 631000
0 USD
3 years ago
Nov 20, 2020
Sell 465 K USD
FABER BARRY
Pres.,Dist.& Network Relations
- 17735
26.2076 USD
4 years ago
Sep 30, 2020
Sell 102 K USD
MCCANNA LAWRENCE E
Director
- 5300
19.3001 USD
4 years ago
Mar 18, 2020
Bought 55.1 K USD
MCCANNA LAWRENCE E
Director
+ 5000
11.0147 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 200000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 200000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 100000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 81000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 81000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 81000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 81000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH DAVID D
Executive Chairman
+ 81000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH J DUNCAN
Secretary
+ 400000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH J DUNCAN
Secretary
+ 169900
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH J DUNCAN
Secretary
+ 147000
0 USD
4 years ago
Mar 17, 2020
Bought 0 USD
SMITH ROBERT E
director, 10 percent owner:
+ 250000
0 USD
4 years ago
Mar 17, 2020
Bought 1.35 M USD
SMITH FREDERICK G
Vice President
+ 100000
13.54 USD
4 years ago
Mar 17, 2020
Bought 1.35 M USD
SMITH FREDERICK G
Vice President
+ 100000
13.54 USD
4 years ago
Mar 17, 2020
Bought 1.35 M USD
SMITH FREDERICK G
Vice President
+ 100000
13.54 USD
5 years ago
Jul 10, 2019
Bought 4.35 M USD
SMITH DAVID D
Executive Chairman
+ 79000
55.1 USD
5 years ago
Jul 10, 2019
Bought 4.35 M USD
SMITH DAVID D
Executive Chairman
+ 79000
55.1 USD
5 years ago
Jul 10, 2019
Bought 4.35 M USD
SMITH DAVID D
Executive Chairman
+ 79000
55.1 USD
5 years ago
Jul 10, 2019
Bought 4.35 M USD
SMITH DAVID D
Executive Chairman
+ 79000
55.1 USD
5 years ago
Jul 10, 2019
Bought 4.35 M USD
SMITH DAVID D
Executive Chairman
+ 79000
55.1 USD
5 years ago
Jun 24, 2019
Sell 161 K USD
MARKS STEVEN M
EVP & Chief Operating Officer
- 3000
53.775 USD
5 years ago
Jun 20, 2019
Sell 106 K USD
MCCANNA LAWRENCE E
Director
- 2000
53.162 USD
5 years ago
May 20, 2019
Sell 750 K USD
KEITH DANIEL C
Director
- 13250
56.5786 USD
5 years ago
Mar 28, 2019
Sell 846 K USD
AMY DAVID B
Vice Chairman
- 22032
38.3792 USD
8 years ago
May 13, 2016
Bought 36.6 K USD
SMITH DAVID D
Executive Chairman
+ 1200
30.5234 USD
5 years ago
Mar 19, 2019
Sell 2.52 M USD
SMITH ROBERT E
director, 10 percent owner:
- 65306
38.553 USD
5 years ago
Mar 18, 2019
Sell 3 M USD
SMITH ROBERT E
director, 10 percent owner:
- 77696
38.6038 USD
5 years ago
Mar 13, 2019
Sell 37.9 K USD
BOCHENEK DAVID R
Chief Accounting Officer
- 977.1593
38.7874 USD
5 years ago
Feb 28, 2019
Sell 587 K USD
FABER BARRY
Exec. VP & General Counsel
- 16882
34.78 USD
6 years ago
Nov 14, 2018
Sell 158 K USD
MCCANNA LAWRENCE E
Director
- 5000
31.678 USD
6 years ago
Jun 14, 2018
Sell 64.5 K USD
MCCANNA LAWRENCE E
Director
- 2000
32.2592 USD
7 years ago
Oct 02, 2017
Sell 32.3 K USD
Friedman Howard E
Director
- 1010
31.9815 USD
7. News
Sinclair and IIT Bombay Sign MoU for Next Generation Wireless Broadcast-to-Everything (B2X) Research BALTIMORE & MUMBAI, India--(BUSINESS WIRE)--Sinclair, Inc. and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MoU) for collaboration of technology and standards development in wireless broadcast services over next generation telecom and broadcast networks. Research efforts will focus on enhancements to the international ATSC 3.0 wireless broadcast standard for a variety of mobile, television and other fixed applications that can benefit India a. businesswire.com - 1 week ago
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript seekingalpha.com - 1 week ago
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. zacks.com - 1 week ago
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on December 16, 2024, to the holders of record at the close of business on December 2, 2024. Sinclair, Inc., (Nasdaq: SBGI) is a diversified media company and leading provider of local news and sports. The Company owns, operates and/or provides services to 185 televisio. businesswire.com - 1 week ago
Tennis Channel to Unveil Direct-to-Consumer Streaming Platform November 12 LOS ANGELES--(BUSINESS WIRE)--Tennis Channel will introduce a direct-to-consumer (DTC) streaming service that merges its flagship 24-hour network with extensive live and on-demand multicourt coverage, offering fans unparalleled access to the sport. Available to everyone in the United States beginning November 12, subscribers can sign up through the Tennis Channel app or website (www.tennischannel.com) and choose between a $109.99 annual package or a $9.99 monthly option. The streamlined platfor. businesswire.com - 1 week ago
Sinclair Cares: Hurricane Relief Initiative Raises Nearly $1.3 Million to Support Those Affected by Hurricane Helene and Hurricane Milton BALTIMORE--(BUSINESS WIRE)--Earlier this month, Sinclair launched Sinclair Cares: Hurricane Relief, a fundraising partnership with The Salvation Army to assist with humanitarian relief efforts on the ground in Western North Carolina, South Carolina, Georgia, Florida, Virginia and Tennessee in the aftermath of Hurricanes Helene and Milton. In total, the company raised nearly $1.3 million to support The Salvation Army and The United Way in their post-hurricane efforts. Throughout the month of Oct. businesswire.com - 2 weeks ago
Sinclair's ONE Media Technologies Names Matthew Goldman Vice President, Strategic and Technical Initiatives BALTIMORE--(BUSINESS WIRE)--ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., is pleased to announce Matthew Goldman has been named Vice President, Strategic and Technical Initiatives. In this newly created position, Goldman will lead the implementation, expansion, and support of advanced operational technologies, including High Dynamic Range Video (HDR). Goldman will also manage conformance testing and develop operational handoff processes for ATSC 3.0 NextGen Broadcasting. Goldman. businesswire.com - 3 weeks ago
Sinclair's EVP and Chief Financial Officer Lucy Rutishauser Appointed to the Business Advisory Council of the ATSC Board BALTIMORE--(BUSINESS WIRE)--Sinclair is pleased to announce Lucy Rutishauser, the company's EVP and CFO, has been appointed to the Business Advisory Council of ATSC, the broadcast Standards Association. As a member of the ATSC Board Business Advisory Council, Rutishauser will contribute strategic insights to bridge business and technology sectors, expanding the scope of ATSC standards across a range of industries and geographies. ATSC is a multinational body that sets broadcast standards. ATSC. businesswire.com - 3 weeks ago
Best Growth Stocks to Buy for October 4th BRFS, JD, and SBGI made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 4, 2024. zacks.com - 1 month ago
Sinclair's News Academy Returns in November with Three Virtual Sessions For Students Exploring Careers in Reporting, Producing and Weather BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the return of Sinclair's Reporting, Producer and Weather Academies, a series of free, interactive, virtual workshops for college students interested in pursuing a career in journalism. The 90-minute sessions will run throughout the third week of November and assist students seeking to build a career in reporting, producing or weather. SESSION DATES: Reporter Academy – Tuesday, November 19 Producer Academy – Wednesday, November 20 Weather Acad. businesswire.com - 1 month ago
Sinclair Cares: Hurricane Helene Relief BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the company has launched Sinclair Cares: Hurricane Helene Relief, a fundraising partnership with the Salvation Army to assist with humanitarian relief efforts on the ground in Western North Carolina, South Carolina, Georgia, Florida, Virginia and Tennessee. Beginning today, www.SinclairCares.com will begin fundraising on behalf of the Salvation Army with all donations designated for delivering emergency aid, including food, water, shelter and. businesswire.com - 1 month ago
The Daily Record Names Chris Ripley, Sinclair President and CEO, One of Maryland's Most Admired CEOs BALTIMORE--(BUSINESS WIRE)--The Daily Record, Maryland's daily news media company focused on law, government and business, has named Chris Ripley, Sinclair's President and Chief Executive Officer, one of Maryland's 2024 Most Admired CEOs. The Daily Record's annual Most Admired CEO list honors talented business CEOs, higher education leaders and nonprofit executive directors throughout Maryland whose leadership and vision are admired by those around them. “This award underscores the strength of. businesswire.com - 1 month ago
8. Profile Summary

Sinclair Broadcast Group, Inc. SBGI

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COUNTRY US
INDUSTRY Entertainment
MARKET CAP $ 1.08 B
Dividend Yield 3.25%
Description Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
Contact 10706 Beaver Dam Road, Hunt Valley, MD, 21030 https://sbgi.net
IPO Date June 7, 1995
Employees 7300
Officers Ms. Lucy A. Rutishauser Executive Vice President & Chief Financial Officer Mr. Robert D. Weisbord Chief Operating Officer & President of Local Media Mr. Brian S. Bark Executive Vice President & Chief Information Officer Mr. J. Duncan Smith Vice President, Secretary & Director Mr. David R. Bochenek Senior Vice President & Chief Accounting Officer Mr. Michael J. Kralec Senior Vice President & Chief Technology Officer Mr. David D. Smith Executive Chairman of the Board Jason Smith Executive Vice Chairman Mr. Kevin Cotlove EVice President & Chief Operating Officer Mr. Christopher S. Ripley President & Chief Executive Officer