Headquartered in Hunt Valley, MD·Fiscal year ends December·NASDAQ: SBGI·sbgi.net
About Sinclair
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a provider of local news and sports content across the United States. The company owns, operates, or provides services to 178 television stations in 79 markets affiliated with all major broadcast networks including FOX, ABC, CBS, and NBC. Sinclair's operations are organized into three segments: Local Media (broadcast television stations, multicast networks, and original content), Tennis Channel (a cable network covering top tennis tournaments with linear, streaming, and direct-to-consumer platforms including Tennis Channel International and TennisChannel 2), and Other (non-broadcast digital solutions including Digital Remedy, technical services, and non-media investments). The company also operates multicast networks CHARGE, Comet, ROAR, and The Nest, and AMP Media, which produces digital content and original podcasts. Sinclair's broadcast footprint spans 39 distinct markets across the top-10 states with the highest projected political advertising spend, making it a significant beneficiary of election-cycle advertising. The company's primary revenue streams include distribution revenue from retransmission consent agreements with MVPDs, core advertising revenue, and political advertising revenue. Updated
Friday's top analyst upgrades and downgrades included Adobe, Archer Aviation, Corning, Dominion Energy, Equity Residential, Joby Aviation, Park Hotels & Resorts, Principal Financial, Target and UiPath.
Friday's top analyst upgrades and downgrades included Altice USA, AT&T, Ballard Power Systems, Bank of America, Lockheed Martin, Lowe’s Companies, Raytheon Technologies and Shopify.
Friday's top analyst upgrades and downgrades included Advanced Micro Devices, Bilibili, Cognizant Technologies, Dynatrace, Equinix, Herbalife Nutrition, Match, Nutrien, Robinhood Markets, Roku and Zillow.
Tuesday's top analyst upgrades and downgrades included Chubb, Hyatt Hotels, Intuit, MercadoLibre, Pioneer Natural Resources, Skyworks, T-Mobile, Teladoc Health and ZoomInfo Technologies.
Monday's top analyst upgrades and downgrades included AON, Cognizant Technology Solutions, Dow, PayPal, PG&E, PNC Financial Services, Qualcomm, Shopify, Tesla, Valero Energy , Walt Disney and Wells Fargo
Wednesday's top analyst upgrades, downgrades and initiations included American Express, Boeing, Caterpillar, Lennar, Simon Property, Sirius XM, Six Flags, Tesla, Walmart and Zynga.
Walt Disney is reportedly near a final agreement to sell its remaining 21 regional sports networks to Sinclair Broadcast for around $10 billion. Is that too much or too little?
Sinclair Broadcasting has responded to Tribune Media's withdrawal from the two companies' merger agreement and lawsuit filing, expressing dismay at the failed merger and its intention to defend itself "vigorously" against the…
The proposed merger of Sinclair Broadcasting and Tribune Media was squelched Thursday morning when Tribune Media said it was terminating the deal and suing Sinclair for breach of contract.
These four companies all own broadcast stations across the country that could benefit from what is expected to be massive spending for the midterm elections.
The top analyst upgrades, downgrades and other research calls from Friday include Baidu, Barclays, Celgene, HPE, Intel, Kimberly-Clark, Lululemon, PayPal and Stratasys.
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a provider of local news and sports content across the United States. The company owns, operates, or provides services to 178 television stations in 79 markets affiliated with all major broadcast networks including FOX, ABC, CBS, and NBC.
What is the SBGI stock price target?
The Wall Street consensus 12-month price target for SBGI is $17.57.