CSIMarket
 
Sinclair inc   (SBGI)
Other Ticker:  
 
 
Price: $14.0200 $-0.57 -3.907%
Day's High: $14.74 Week Perf: -11.88 %
Day's Low: $ 13.98 30 Day Perf: -20.02 %
Volume (M): 362 52 Wk High: $ 21.17
Volume (M$): $ 5,079 52 Wk Avg: $14.15
Open: $14.42 52 Wk Low: $9.39



 Market Capitalization (Millions $) 888
 Shares Outstanding (Millions) 63
 Employees 9,211
 Revenues (TTM) (Millions $) 3,268
 Net Income (TTM) (Millions $) 123
 Cash Flow (TTM) (Millions $) 36
 Capital Exp. (TTM) (Millions $) 101

Sinclair Inc
Sinclair Broadcast Group Inc. is a publicly-traded American telecommunications conglomerate that owns and operates a large number of television stations across the United States. Founded in 1986, Sinclair has grown significantly over the years and is now one of the largest media companies in the country.

With headquarters in Baltimore, Maryland, Sinclair currently owns and/or operates more than 190 local news stations in 88 markets throughout the US. It also owns and operates several national networks, including Ring of Honor Wrestling and Tennis Channel.

Sinclair has gained some criticism for its conservative slant in its news programming, which some feel is overly partisan. It was also criticized for mandating that its local news stations air emust-rune segments that were seen as biased and promoting right-wing views. However, Sinclair maintains that it prioritizes journalistic integrity and independence. In 2018, the company received backlash from a video in which its anchors recited the same scripted statement about the dangers of "fake news", although Sinclair responded by calling the video a promotion of journalism.

In addition to its television stations, Sinclair has also diversified its holdings in recent years. It owns the digital media and advertising company Compulse Integrated Marketing and WeatherNation, a national weather news network. The company also has a joint venture with The Chernin Group to help run STIRR, a free streaming service offering live and on-demand content.

In terms of financials, Sinclair Broadcast Group Inc. had a revenue of $6.5 billion and a net income of $501 million in 2019. The company's stock is traded on the NASDAQ under the ticker symbol "SBGI".

While Sinclair faces criticism for its perceived right-wing bias, it is an important player in the American media landscape and a significant employer in the broadcasting industry. As media consumption continues to evolve, Sinclair remains at the forefront of new technologies and trends, with a focus on local broadcasting and digital media.


   Company Address: 10706 Beaver Dam Road Hunt Valley 21030 MD
   Company Phone Number: 568-1500   Stock Exchange / Ticker: NASDAQ SBGI
   SBGI is expected to report next financial results on February 29, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Product Service News

Sinclair Broadcast Group Paves the Way for Diversity and Excellence in Broadcasting with its Annual Diversity Scholarship Program

Published Thu, Jan 11 2024 4:01 PM UTC

Sinclair Broadcast Group Invests in the Future of Broadcasting through its Annual Diversity Scholarship ProgramBaltimore, MD - Sinclair Broadcast Group (NASDAQ: SBGI), a leading American telecommunications company, has recently announced that its annual Diversity Scholarship program is now accepting applications for the 2024 school year. With a steadfast commitment to promot...

Management Changes

Interesting Sinclair's Promotions Overshadowed by Declining ROI and Industry Competition

Published Wed, Jan 10 2024 3:02 PM UTC


In a recent announcement, Sinclair, a prominent diversified media company and leader in local news and sports, revealed a series of promotions across the organization. However, this news comes at a time when the company's return on average invested assets (ROI) has experienced a significant decline.
Barry Dubin has been promoted to Senior Vice President of Enterpris...

Sinclair Inc

Sinclair Inc.'s Financial Nightmare Deepens: Record Losses Amplify Concerns for Q3 2023

Good news for investors! Despite the challenges faced by the stock market in the July to September 30, 2023 financial time-frame, there is a glimmer of hope in the Broadcasting Media & Cable TV industry. While lower demand caused dwindling revenue and increased losses for most companies, Sinclair Inc. performed admirably.
Sinclair Inc. has reported a narrower deficit of $-0.74 per share, down from the previous report of $-1.38 per share in the same period last year. Although revenue fell by -9.015% to $767.00 million year on year, it is important to note the positive growth in the remainder of the industry during the third quarter of 2023.

Sinclair Inc

Sinclair Inc's Financial Report Shows a Substantial Decline in Revenue, Reflecting a -8.244% Decrease to $768.00 Million in Q2 2023

Sinclair Broadcast Group (SBGI) Inc, a leading American telecommunications company, recently released its financial report for the time-frame ending June 30, 2023. The report revealed a significant decline in revenue and a larger shortfall compared to the previous year.
During the financial period, SBGI experienced a noticeable decrease in revenue, with a decline of -8.244% to $768.00 million compared to the previous year. This drop in revenue can be attributed to several factors, one of which is the decrease in demand for the company's services.

Sinclair Broadcast Group Inc

Sinclair Broadcast Group Inc. reports staggering $204.00 million tax boost fueling impressive earnings growth

Despite the recent challenges faced by Sinclair Broadcast Group Inc. in the first quarter of 2023 earnings season, there are several reasons to remain optimistic about the company's long-term prospects.
Firstly, while there was a sharp decline in income and revenue in the first quarter, we must keep in mind the exceptional circumstances of the COVID-19 pandemic, which have undoubtedly impacted several sectors including media and broadcasting. Therefore, it is possible that Sinclair Broadcast Group Inc. will be able to rebound in the coming quarters as the world recovers and consumer behavior returns to normal.






 

Sinclair Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com