Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Broadcast and Local Sports. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company 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 internally originated programming to television viewing audiences in the communities through its local television stations. As of December 31, 2020, it owned, operated, and provided services to 188 stations in 88 markets, which broadcast 628 channels. The company also owns and operates various networks carried on distribution platforms; and Tennis Channel, a cable network that includes coverage of various tennis' top tournaments, and original professional sport and tennis lifestyle shows. In addition, it owns regional sports network, which has the exclusive rights to air games of 45 professional sports teams and other sporting events. Further, the company offers digital agency services; and provides technical services to the broadcast industry, as well as designs and manufactures broadcast systems, including transmitters and antennas. Additionally, it owns various non-media related investments, including private equity, mezzanine financing, and real estate investments. It also offers Tennis Magazine, a sport's print publication; and operates Tennis.com, an online tennis platform. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
IPO Year: 1995
Exchange: NASDAQ
Website: sbgi.net
| 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
Wells Fargo upgraded Sinclair Broadcast from Equal Weight to Overweight and set a new price target of $33.00 from $30.00 previously
Rosenblatt initiated coverage of Sinclair Broadcast with a rating of Neutral and set a new price target of $21.00
Benchmark reiterated coverage of Sinclair Broadcast Group with a rating of Buy and set a new price target of $34.00 from $38.00 previously
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Sinclair today announced the appointment of Narinder Sahai as Executive Vice President and Chief Financial Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250707637296/en/Narinder Sahai Sahai brings more than two decades of strategic financial leadership across publicly traded and private-equity-backed companies, with deep expertise across the full breadth of finance functions, including capital markets, treasury, controllership, investor relations, mergers and acquisitions, and planning and analysis. He also has strong technology expertise, including artificial intelligence and machine learning, f
Sinclair, Inc. (NASDAQ:SBGI) will report its second quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, August 6, 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 357349. 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 li
Sinclair today announced that Matt Hamilton has been appointed Vice President and General Manager of KBOI/CBS, KNIN/FOX and KYUU/CW+, Sinclair's owned and/or operated television stations in Boise. Hamilton most recently served as Market Sales Manager for the stations, where he successfully led multiplatform revenue generation and sales team development. "We are thrilled to elevate Matt; his extensive media experience, combined with his strategic mindset and collaborative leadership style, make him the ideal choice to lead the Boise stations," said Rob Weisbord, COO and President of Local Media. Prior to joining Sinclair in 2024, Hamilton held senior sales leadership roles at KVVU and
Network platforms to remain exclusive home of WTA through 2032 WTA Ventures and Tennis Channel have agreed to a new six-year media rights deal ensuring that Tennis Channel platforms will continue to be the exclusive home of WTA tennis in the United States through 2032. As a result of the significant new commitment, the drama and entertainment of the Hologic WTA Tour will be available to tennis fans across the United States through Tennis Channel, its streaming network TennisChannel 2, its app and website TennisChannel.com. The deal covers all WTA 1000, 500 and 250 events (except tournaments in the United States) through to the season-closing WTA Finals where the world's best singles pla
Veteran Technology Executive to Lead Next-Generation Wireless Venture Powered by ATSC 3.0 EdgeBeam Wireless, LLC, the joint venture launched by The E.W. Scripps Company, Gray Media, Nexstar Media Group, Inc., and Sinclair, Inc., is pleased to announce the appointment of Conrad Clemson as its Chief Executive Officer, effective immediately. EdgeBeam was created to deliver robust, high-performance wireless data services to a wide range of industries by leveraging broadcasters' uniquely efficient infrastructure and the transformative power of the ATSC 3.0 standard. As CEO, Clemson will lead the build-out of EdgeBeam's platform and operations, fulfilling the founders' shared vision for natio
Sinclair today announced record-breaking growth, best-season-to-date ratings, and premium programming acquisitions across its free, over-the-air multicast networks, CHARGE, Comet, ROAR and The Nest. The networks posted gains fueled by several strategic initiatives, including the acquisition of anchor series, expanded distribution in top 10 DMA markets, rebranding of TBD to ROAR, strategic programming decisions, and successful fan-focused, multi-platform events including COMET FEST and CHARGECON. These strategic moves, combined with the highest year-over-year coverage growth among all Nielsen-rated broadcast networks1, have propelled the networks to impressive season-to-date ratings grow
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 stockholders also ratified the appointment of PricewaterhouseCoopers
Sinclair, Inc. and its subsidiary ONE Media Technologies, in collaboration with Pearl TV, are hosting more than 30 manufacturers and vendors at an end-to-end interoperability event taking place June 3-6 at Sinclair's headquarters in Hunt Valley, Maryland. Manufacturers, developers, and vendors representing all aspects of the broadcast air chain, including encoder manufacturers, transmitter manufacturers, receiver manufacturers, and others, are attending the event. Participants will bring products and systems to test their compatibility and identify and resolve interoperability issues. Resolving these issues before devices are deployed to consumers will save time and resources and is an im
Sinclair today announced the appointment of Daniel Maas as Vice President of Business Development for AMP Media, the company's original content brand. In this newly created role, Maas will lead strategic growth initiatives across AMP Media's expanding portfolio, including original podcasts, social-first video series, and digital franchises. A veteran media executive with over 15 years of experience across digital content, revenue strategy, and business development, Maas most recently served as Head of Media at Betr, the sports media and gaming startup co-founded by social media personality and boxer Jake Paul, where he led the creation of its digital content division, developing popular p
GREENWICH, Conn., June 03, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 17th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 5, 2025. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing, Media & Telecom Regulatory, and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one setting. The symposium will also be available via webcast. Due to popular demand and available capacity, those interested should contact their relationship pe
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
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4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
4 - Sinclair, Inc. (0001971213) (Issuer)
Sinclair today announced the appointment of Narinder Sahai as Executive Vice President and Chief Financial Officer, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250707637296/en/Narinder Sahai Sahai brings more than two decades of strategic financial leadership across publicly traded and private-equity-backed companies, with deep expertise across the full breadth of finance functions, including capital markets, treasury, controllership, investor relations, mergers and acquisitions, and planning and analysis. He also has strong technology expertise, including artificial intelligence and machine learning, f
Veteran Technology Executive to Lead Next-Generation Wireless Venture Powered by ATSC 3.0 EdgeBeam Wireless, LLC, the joint venture launched by The E.W. Scripps Company, Gray Media, Nexstar Media Group, Inc., and Sinclair, Inc., is pleased to announce the appointment of Conrad Clemson as its Chief Executive Officer, effective immediately. EdgeBeam was created to deliver robust, high-performance wireless data services to a wide range of industries by leveraging broadcasters' uniquely efficient infrastructure and the transformative power of the ATSC 3.0 standard. As CEO, Clemson will lead the build-out of EdgeBeam's platform and operations, fulfilling the founders' shared vision for natio
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 stockholders also ratified the appointment of PricewaterhouseCoopers
Sinclair today announced the appointment of Daniel Maas as Vice President of Business Development for AMP Media, the company's original content brand. In this newly created role, Maas will lead strategic growth initiatives across AMP Media's expanding portfolio, including original podcasts, social-first video series, and digital franchises. A veteran media executive with over 15 years of experience across digital content, revenue strategy, and business development, Maas most recently served as Head of Media at Betr, the sports media and gaming startup co-founded by social media personality and boxer Jake Paul, where he led the creation of its digital content division, developing popular p
Sinclair today announced that seasoned media executive John M. Hannon has been named Vice President and General Manager of KPTM and KXVO, in Omaha, NE and KHGI and KFXL in Lincoln-Hastings-Kearney, NE. Hannon joins Sinclair from TelevisaUnivision where he most recently served as Senior Vice President of Local Media Sales overseeing revenue strategy for 59 television and 57 radio stations across the US and Puerto Rico. During his tenure at TelevisaUnivision, he also held key leadership roles including Regional President of the Central Region and President & General Manager of the Houston Local Media division. Prior to that, Hannon was President of Jim Doyle & Associates, Inc., a media consu
Sinclair today announced the appointment of Vincent J. Sollecito as Vice President and General Manager of WPEC, serving the West Palm Beach, Florida market. Sollecito most recently served as Senior Vice President of Ad Sales at Marquee Sports Network, where he played a key role in launching the regional sports network in 2019. Prior to that, he was President of ABC National Television Sales, overseeing sales operations for eight ABC owned-and-operated stations. His extensive broadcast career also includes leadership roles as Vice President at ABC 7 Chicago and WABC in New York. "With more than 20 years of experience leading high-performing teams in top markets across the country, Vincent
Sinclair, Inc. today announced the retirement of Dave Schwartz, Corporate Senior Vice President/Station Operations, effective June 30. Schwartz has held the role since 2007 and has been a key leader in Sinclair's broadcast operations for more than two decades. Schwartz joined Sinclair in 2004 as General Manager of WSMH-TV in Flint, Michigan, and quickly established himself as a strategic and respected voice within the company. Over his career at Sinclair, he played a pivotal role in shaping the company's operational strategy and guiding local stations through periods of growth, innovation, and transformation. "For over 20 years, Dave has been an exceptional leader, a trusted colleague, an
Sinclair announced today that Valeria Riccioli has been appointed Director of Content for The National News Desk, where she will oversee content strategy and audience engagement. Utilizing the extensive resources of Sinclair's local stations nationwide, The National News Desk delivers comprehensive, fact-driven reporting on the most significant national, regional, and local stories of the day. Riccioli brings nearly two decades of experience in national news. She previously served as Vice President of Talent at Newsmax, where she oversaw the management and development of the network's on-air personalities. Before that, she worked as a media consultant and earlier in her career, spent 15 ye
Sinclair to Partner with The Salvation Army to Address Homelessness Crisis Campaign to Air March 17-23 Sinclair today announced a partnership with The Salvation Army to launch Sinclair Cares: From Homeless to Hope, a nationwide initiative dedicated to raising awareness about homelessness. With financial instability on the rise and many Americans just one paycheck away from crisis, Sinclair Cares: From Homeless to Hope aims to shed light on the many faces of homelessness and highlight solutions that offer hope and stability. As part of the effort, Sinclair will produce content to air within its newscasts throughout the campaign, which runs from March 17- March 23. Sinclair stations will a
Sinclair today announced David Todd Bailey has been named Vice President and General Manager of KTXS in Abilene, TX. Bailey has held several sales leadership positions across Texas, including Station Manager at KTEN in Sherman and Sales Manager at KETK and KFXK in Tyler. Bailey also launched an advertising agency providing full-service media solutions. He began his media career at KTXS 25 years ago as an Account Executive for the station. "We're thrilled to have David return to KTXS to lead the station," said Rob Weisbord, COO and President of Local Media. "His deep understanding of the Texas markets, strong leadership skills, and proven track record in sales make him the perfect choice t
Sinclair, Inc. (NASDAQ:SBGI) will report its second quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, August 6, 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 357349. 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 li
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 June 13, 2025, to the holders of record at the close of business on May 30, 2025. Sinclair, Inc. (NASDAQ:SBGI) is a diversified media company and a 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/ROAR and The Nest. Sinclair's content is delivered via multiple platforms, including over-the-
Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2025. Highlights: Adjusted EBITDA exceeded high-end of guidance range $66 million par value of the Sinclair Television Group notes due in 2027 repurchased in April for $62 million cash Significantly lower estimated full-year 2025 cash tax payments CEO Comment: "Sinclair delivered solid financial results in a challenging first quarter environment. Adjusted EBITDA exceeded the high-end of our guidance range and core advertising trends continue to be among the strongest in the industry, despite the macro-economic uncertainties and lack of visibility. We are
Sinclair, Inc. (NASDAQ:SBGI) will report its first quarter 2025 earnings results at 4:00 p.m. ET on Wednesday, May 7, 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 937095. 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 webc
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 March 24, 2025, to the holders of record at the close of business on March 10, 2025. 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-the-a
Sinclair, Inc. (NASDAQ:SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2024. Highlights: Comprehensive refinancing substantially completed in early 2025 Fourth quarter Operating Income and other key financial metrics exceeded guidance range Record full-year 2024 political advertising revenues of $405 million, a 16% increase over 2020 levels excluding the Georgia runoff of 2020 Formed EdgeBeam Wireless, a joint venture with other major broadcasters, to unlock the potential of ATSC 3.0 NextGen Broadcast to offer nationwide coverage for data delivery Tennis Channel introduced a direct-to-consumer, streamin
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
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
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