Wells Fargo upgraded Sinclair Broadcast from Underweight to Equal Weight and set a new price target of $19.00 from $13.00 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 |
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
8-K - Sinclair, Inc. (0001971213) (Filer)
8-K - Sinclair, Inc. (0001971213) (Filer)
10-Q - Sinclair, Inc. (0001971213) (Filer)
Sinclair will report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 pm ET 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 $203 million (versus previously disclosed guidance of $204 million), core (non-political) advertising revenue of $300 million to $301 million (
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, 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
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
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
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 Lien Secured Notes due 2032 (the "Exchange Second-Out Notes") for any and all of the Issuer's outstanding 4.125% Senior Secured Notes due 2030 (the "Existing Notes") and (ii) the solicitation of consents (the "Consent Solicitati
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 February 15 and August 15, commencing August 15, 2025. The 2033 Notes will mature on February 15, 2033. The private placement of the 2033 Notes is conditioned on customary closing conditions and the consummation of the other financing
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 from other financing transactions (the "Transactions") contemplated by the previously disclosed transaction support agreement (the "Transaction Support Agreement"), to repay the Issuer's outstanding $1,175 million of aggregate
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)
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