Sinclair, Inc. 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., and The Nest. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation’s largest streaming aggregator of local news content, NewsON. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SINCLAIR, INC. • Sinclair Ventures, LLC • Keyser Capital, LLC • Keyser Capital II, LLC • SBG Gaming, LLC • Sinclair Investment Group, LLC • Sinclair-CVP, LLC • The Tennis Channel Holdings, Inc. • The Tennis Channel, LLC • Compulse Enterprises, Inc. ...
IRS number
921076143
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
9 Aug 24
8-K
Sinclair Reports Second Quarter 2024 Financial Results
7 Aug 24
8-K
Submission of Matters to a Vote of Security Holders
12 Jun 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Sinclair Reports First Quarter 2024 Financial Results
8 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Departure of Directors or Certain Officers
29 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
Latest ownership filings
4
ROBERT E SMITH
9 Jul 24
4
Benson E Legg
9 Jul 24
4
DANIEL C KEITH
9 Jul 24
4
Howard E Friedman
9 Jul 24
4
BENJAMIN CARSON SR
9 Jul 24
4
Laurie R Beyer
9 Jul 24
11-K
Annual report of employee stock purchases
27 Jun 24
3
Jason Ryan Smith
16 May 24
4
Christopher Ripley
17 Apr 24
4
FREDERICK G SMITH
5 Apr 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 23 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 378.00 mm | 378.00 mm | 378.00 mm | 378.00 mm | 378.00 mm | |
| Cash burn (monthly) | 92.33 mm | 29.17 mm | (no burn) | 34.42 mm | 23.00 mm | |
| Cash used (since last report) | 371.22 mm | 117.26 mm | n/a | 138.37 mm | 92.47 mm | |
| Cash remaining | 6.78 mm | 260.74 mm | n/a | 239.63 mm | 285.53 mm | |
| Runway (months of cash) | 0.1 | 8.9 | n/a | 7.0 | 12.4 | |
Institutional ownership, Q2 2024
39.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 152 |
| Opened positions | 29 |
| Closed positions | 28 |
| Increased positions | 58 |
| Reduced positions | 45 |
| 13F shares | Current |
|---|---|
| Total value | 338.57 bn |
| Total shares | 26.22 mm |
| Total puts | 226.70 k |
| Total calls | 441.50 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Gamco Investors | 3.62 mm | $48.32 bn |
| Vanguard | 3.55 mm | $47.28 bn |
| BLK BlackRock | 2.63 mm | $35.03 bn |
| Capital Management | 1.76 mm | $23.44 bn |
| Dimensional Fund Advisors | 1.75 mm | $23.31 bn |
| Alden Global Capital | 1.23 mm | $16.34 bn |
| Gabelli Funds | 1.21 mm | $16.11 bn |
| Bridgeway Capital Management | 953.80 k | $12.71 bn |
| STT State Street | 882.39 k | $11.76 bn |
| Geode Capital Management | 811.69 k | $10.82 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 Jun 24 | Laurie R Beyer | Class A Common Stock | Grant | Acquire A | No | No | 0 | 18,943 | 0.00 | 49,029 |
| 11 Jun 24 | Benjamin Carson SR | Class A Common Stock | Grant | Acquire A | No | No | 0 | 18,943 | 0.00 | 42,481 |
| 11 Jun 24 | Friedman Howard E | Class A Common Stock | Grant | Acquire A | No | No | 0 | 18,943 | 0.00 | 74,314 |
| 11 Jun 24 | Keith Daniel C | Class A Common Stock | Grant | Acquire A | No | No | 0 | 18,943 | 0.00 | 48,943 |
| 11 Jun 24 | Legg Benson E | Class A Common Stock | Grant | Acquire A | No | No | 0 | 18,943 | 0.00 | 59,629 |
Press releases
Sinclair Stations Honored with Two RTDNA National Edward. R. Murrow Awards
16 Aug 24
Sinclair and Feeding America® Helped Provide 1.2 Million Meals to Children Through "Sinclair Cares: Summer Hunger Relief" Initiative
15 Aug 24
Sinclair Expands Podcast Content Division, Launches Sports Talent Programming with "The Triple Option" with Urban Meyer, Mark Ingram II, and Rob Stone and "Throwbacks" with Matt Leinart and Jerry Ferrara
14 Aug 24
Comet Fest 2024 TV Fan Festival Sees a 40% Audience Increase Year-Over-Year
12 Aug 24
WBFF's Project Baltimore Nominated for Two National Emmy® Awards, News & Documentary
8 Aug 24