Sinclair Broadcast Group Inc

Company Profile

Sinclair Broadcast Group Inc had its IPO on 1995-06-06 under the ticker symbol SBGI.

The company operates in the Communication Services sector and Entertainment industry. Sinclair Broadcast Group Inc has a staff strength of 7,900 employees.

Stock update

Shares of Sinclair Broadcast Group Inc opened at $11.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.91 - $11.9, and closed at $11.81.

This is a +6.78% increase from the previous day's closing price.

A total volume of 944,344 shares were traded at the close of the day’s session.

In the last one week, shares of Sinclair Broadcast Group Inc have increased by +4.51%.

Sinclair Broadcast Group Inc's Key Ratios

Sinclair Broadcast Group Inc has a market cap of $701.47 million, indicating a price to book ratio of 1.5898 and a price to sales ratio of 0.2496.

In the last 12-months Sinclair Broadcast Group Inc’s revenue was $3.34 billion with a gross profit of $1.85 billion and an EBITDA of $646 million. The EBITDA ratio measures Sinclair Broadcast Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sinclair Broadcast Group Inc’s operating margin was 11.09% while its return on assets stood at 3.67% with a return of equity of 26.8%.

In Q2, Sinclair Broadcast Group Inc’s quarterly earnings growth was a negative -92.6% while revenue growth was a negative 8.2%.

Sinclair Broadcast Group Inc’s PE and PEG Ratio

Forward PE

5.0531

Trailing PE

3.7239

PEG

0.8868

Its diluted EPS in the last 12-months stands at $2.97 per share while it has a forward price to earnings multiple of 5.0531 and a PEG multiple of 0.8868. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sinclair Broadcast Group Inc’s profitability.

Sinclair Broadcast Group Inc stock is trading at a EV to sales ratio of 1.1169 and a EV to EBITDA ratio of 1.0146. Its price to sales ratio in the trailing 12-months stood at 0.2496.

Sinclair Broadcast Group Inc stock pays annual dividends of $1 per share, indicating a yield of 9.04% and a payout ratio of 42.19%.

Balance sheet and cash flow metrics

Total Assets

$6.20 billion

Total Liabilities

$624.00 million

Operating Cash Flow

$0

Capital Expenditure

$20 million

Dividend Payout Ratio

42.19%

Sinclair Broadcast Group Inc ended 2024 with $6.20 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.20 billion while shareholder equity stood at $702.00 million.

Sinclair Broadcast Group Inc ended 2024 with $0 in deferred long-term liabilities, $624.00 million in other current liabilities, 1000000.00 in common stock, $184.00 million in retained earnings and $2.08 billion in goodwill. Its cash balance stood at $728.00 million and cash and short-term investments were $728.00 million. The company’s total short-term debt was $58,000,000 while long-term debt stood at $4.19 billion.

Sinclair Broadcast Group Inc’s total current assets stands at $1.51 billion while long-term investments were $527.00 million and short-term investments were $0. Its net receivables were $588.00 million compared to accounts payable of $452.00 million and inventory worth $0.

In 2024, Sinclair Broadcast Group Inc's operating cash flow was $0 while its capital expenditure stood at $20 million.

Comparatively, Sinclair Broadcast Group Inc paid $0.42 in dividends in 2024.

Other key metrics

Current Trading Price

$11.81

52-Week High

$21.3833

52-Week Low

$9.81

Analyst Target Price

$19.35

Sinclair Broadcast Group Inc stock is currently trading at $11.81 per share. It touched a 52-week high of $21.3833 and a 52-week low of $21.3833. Analysts tracking the stock have a 12-month average target price of $19.35.

Its 50-day moving average was $13.01 and 200-day moving average was $15.41 The short ratio stood at 6.42 indicating a short percent outstanding of 0%.

Around 1066.8% of the company’s stock are held by insiders while 8649.5% are held by institutions.