Wells Fargo downgraded Sinclair Broadcast from Overweight to Underweight and set a new price target of $16.00 from $30.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $13.00 → $19.00 | Underweight → Equal Weight | Wells Fargo |
| 12/8/2022 | $25.00 → $16.00 | Neutral → Underweight | JP Morgan |
| 11/3/2022 | $30.00 → $16.00 | Overweight → Underweight | Wells Fargo |
| 5/5/2022 | $30.00 → $33.00 | Equal Weight → Overweight | Wells Fargo |
| 4/19/2022 | $21.00 | Neutral | Rosenblatt |
| 2/24/2022 | $38.00 → $34.00 | Buy | Benchmark |
Wells Fargo upgraded Sinclair Broadcast from Underweight to Equal Weight and set a new price target of $19.00 from $13.00 previously
JP Morgan downgraded Sinclair Broadcast from Neutral to Underweight and set a new price target of $16.00 from $25.00 previously
Wells Fargo downgraded Sinclair Broadcast from Overweight to Underweight and set a new price target of $16.00 from $30.00 previously
8-K - Sinclair, Inc. (0001971213) (Filer)
10-Q - Sinclair, Inc. (0001971213) (Filer)
8-K - Sinclair, Inc. (0001971213) (Filer)
SC 13D/A - SINCLAIR BROADCAST GROUP INC (0000912752) (Subject)
SC 13D/A - SINCLAIR BROADCAST GROUP INC (0000912752) (Subject)
SC 13D/A - SINCLAIR BROADCAST GROUP INC (0000912752) (Subject)
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 television stations in 86 markets affiliated with all the major broadcast networks and owns Tennis Channel and multicast networks Comet, CHARGE!, TBD., and The Nest. Sinclair's content is delivered via multiple platforms, including over-t
Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2024. Highlights: Solid third quarter results, with core advertising revenues growing by 1% year-over-year during a quarter with record political revenues Political revenues of $138 million, a 31% increase over 2020 levels, which was impacted by $5 million of lost revenue due to late ad cancellations during the quarter Approximately $406 in 2024 political revenues, which reflects $26 million of lost revenue due to a late geographic shift of existing commitments to non-Sinclair markets Distribution revenues in the third quarter up 5% year-over
Sinclair, Inc. (NASDAQ:SBGI) will report its third quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, November 6, 2024, 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 791357. If you plan to participate on the conference call, please call at least two minutes prior to the start time and provide the entry code to the conference operator; or tell the operator that you are joining the Sinclair Earnings Conference Call. If you are unable to listen to the live
ATLANTA, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Four of the nation's largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country. The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. launched the new company ahead of meetings this week at the Consumer Electronics Show in Las Vegas. Leveraging broadcasters' uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will provide expansive, reliable, and secure data delivery services. Using the broadcasters
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 3.0 (also known as NextGen TV in the US and DTV+ in Brazil), is designed to enhance over-the-air TV with improved video quality, interactive features, and internet integration. The system's IP backbone further enables broadcas
Board Votes to Hold Annual Advisory Vote on Executive Compensation Sinclair, Inc. (the "Company") (NASDAQ:SBGI) announced that its stockholders elected the nominated nine Directors at the Company's Annual Stockholders' Meeting held yesterday. The elected Directors are Mr. David D. Smith, Executive Chairman, Chairman of the Board of the Company; Mr. Frederick G. Smith, Director and Vice President of the Company; Mr. J. Duncan Smith, Director, Vice President and Secretary of the Company; Mr. Robert E. Smith, Director; Ms. Laurie R. Beyer, Director; Dr. Benjamin S. Carson, Sr., Director; Mr. Howard E. Friedman, Director; Mr. Daniel C. Keith, Director; and Hon. Benson E. Legg, Director. The
A Strategic Evolution of Sales and Content Divisions Sinclair Broadcast Group today announced the launch of two major initiatives: AMP Sales & Marketing Solutions, a reimagined advertising sales and integrated marketing division, and AMP Media, a dynamic new brand focused on non-news content and original programming. These developments represent key milestones in the company's ongoing transformation to expand its offerings and redefine how it engages clients, audiences, and partners. Beginning next month, Sinclair's sales division will become AMP Sales & Marketing Solutions, a unified advertising sales and integrated marketing team, delivering innovative, creative, and tech-forward camp
Multi-Year Deals Span 21 NBC Affiliates, Serving Nearly 7 Million US Television Households Sinclair and NBC today announced a comprehensive, multi-year agreement that renews station affiliation agreements for all 21 of Sinclair's owned and/or operated NBC affiliates, with the stations reaching nearly 7 million U.S. TV households. The agreement consists of renewals for the following NBC affiliates: WOAI/San Antonio, TX; KSNV/Las Vegas, NV; WJAR/Providence, RI; WNWO/Toledo, OH; WSTM/Syracuse, NY; WCYB/Tri-Cities, TN-VA; WTWC/Tallahassee, FL; WJAC/Johnstown- Altoona, PA; WPBN and WTOM/Traverse City-Cadillac, MI; KCFW and KECI/Missoula, MT; WTOV/Wheeling-Steubenville, OH; and KTVM and KDBZ-
Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today announced that Sinclair Television Group, Inc. ("STG") and certain affiliated entities have entered into a Transaction Support Agreement (including the attached term sheet and other attachments thereto, the "TSA") with certain of STG's secured creditors (the "Consenting Creditors"), including lenders holding term loans (the "Existing Term Loan Facility") under STG's existing credit facilities (the "Existing Credit Facilities") governed by STG's existing bank credit agreement (the "Existing Credit Agreement") and various holders of STG's outstanding 4.125% Senior Secured Notes due 2030 (the "Existing Secured Notes"), on the pri
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)