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 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
Ticker
SBGI
Exchange
Website
CEO
Christopher Ripley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Liberty Media Corp. - Ordinary Shares • Paramount Global - Ordinary Shares • Fox Corporation - Ordinary Shares • TEGNA • Sinclair Inc - Ordinary Shares • Gray Television • E.W. Scripps Co. - Ordinary Shares • Entravision Communications Corp. - Ordinary Shares • Phoenix New Media • American Cannabis ...
Former names
SINCLAIR BROADCAST GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Diamond Sports Topco, LLC • Diamond Digital Group, LLC • Diamond Sports Holdings, LLC • Diamond Sports Intermediate Holdings • Diamond Sports Intermediate Holdings, LLC • Diamond Sports Finance Company • Diamond Sports Group, LLC • Sports Network, LLC • Sports Network II, LLC • Diamond Sports Net, LLC ...
IRS number
521494660
SEC advisor number
801-112035
FINRA CRD number
290206
AUM ?
$74.36 mm
(as of 1 Jan 20)
Accounts
2
(as of 1 Jan 20)
Employees
4
(3 investment advisory or research)
Address
Sinclair Broadcast
10706 BEAVER DAM ROAD
HUNT VALLEY
MD 21030
10706 BEAVER DAM ROAD
HUNT VALLEY
MD 21030
Phone
4105681500
Brochures
SBGI stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
29 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Sinclair Reports Fourth Quarter 2023 Financial Results
28 Feb 24
8-K
Other Events
17 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Sinclair Reports Third Quarter 2023 Financial Results
1 Nov 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Sinclair Reports Second Quarter 2023 Financial Results
2 Aug 23
8-K
Other Events
21 Jul 23
8-K
Departure of Directors or Certain Officers
21 Jun 23
Transcripts
SBGI
Earnings call transcript
2023 Q3
1 Nov 23
SBGI
Earnings call transcript
2023 Q2
2 Aug 23
SBGI
Earnings call transcript
2023 Q1
3 May 23
SBGI
Earnings call transcript
2022 Q4
22 Feb 23
SBGI
Earnings call transcript
2022 Q3
28 Nov 22
SBGI
Earnings call transcript
2022 Q3
2 Nov 22
SBGI
Earnings call transcript
2022 Q2
18 Aug 22
SBGI
Earnings call transcript
2022 Q2
3 Aug 22
SBGI
Earnings call transcript
2022 Q1
4 May 22
SBGI
Earnings call transcript
2021 Q4
23 Feb 22
Latest ownership filings
SC 13G/A
BlackRock Inc.
7 Jul 23
4
ROBERT E SMITH
23 May 23
4
BENJAMIN CARSON SR
23 May 23
4
Howard E Friedman
23 May 23
4
DANIEL C KEITH
23 May 23
4
Benson E Legg
23 May 23
4
Laurie R Beyer
23 May 23
SC 13D/A
GAMCO INVESTORS, INC. ET AL
12 May 23
SC 13D/A
SMITH DAVID D
4 May 23
SC 13D/A
GAMCO INVESTORS, INC. ET AL
28 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 643.00 mm | 643.00 mm | 643.00 mm | 643.00 mm | 643.00 mm | 643.00 mm |
Cash burn (monthly) | 28.33 mm | (no burn) | 19.00 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 188.75 mm | n/a | 126.57 mm | n/a | n/a | n/a |
Cash remaining | 454.25 mm | n/a | 516.43 mm | n/a | n/a | n/a |
Runway (months of cash) | 16.0 | n/a | 27.2 | n/a | n/a | n/a |
Institutional ownership, Q2 2023
9.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 6 |
Opened positions | 1 |
Closed positions | 168 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 3.71 bn |
Total shares | 3.58 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Gamco Investors | 3.06 mm | $48.46 mm |
Comerica Bank | 261.01 k | $0.00 |
JB Capital Partners | 195.00 k | $2.69 bn |
Ubs Global Asset Management Americas | 55.03 k | $944.35 mm |
BCS Barclays | 5.00 k | $69.00 k |
Copeland Capital Management | 1.66 k | $22.96 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 May 23 | Laurie R Beyer | Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,416 | 0.00 | 30,086 |
18 May 23 | Legg Benson E | Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,416 | 0.00 | 40,686 |
18 May 23 | Keith Daniel C | Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,416 | 0.00 | 60,086 |
18 May 23 | Friedman Howard E | Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,416 | 0.00 | 55,371 |
18 May 23 | Benjamin Carson SR | Class A Common Stock | Grant | Acquire A | No | No | 0 | 13,416 | 0.00 | 23,538 |