Sinclair, Inc. - Class A Common Stock (SBGI)
14.53
-0.19 (-1.29%)
Sinclair Inc is a prominent media company that primarily focuses on owning and operating a diverse portfolio of television stations across the United States
The company is known for its commitment to local broadcasting, providing communities with news, entertainment, and sports programming tailored to regional interests. In addition to its traditional broadcasting operations, Sinclair engages in digital media initiatives and seeks to enhance viewer engagement through innovative technological solutions. The company also explores opportunities in content creation and distribution, positioning itself as a significant player in the evolving media landscape.
Previous Close | 14.72 |
---|---|
Open | 14.89 |
Bid | 14.52 |
Ask | 14.58 |
Day's Range | 14.53 - 14.94 |
52 Week Range | 11.13 - 18.46 |
Volume | 50,978 |
Market Cap | 1.09B |
PE Ratio (TTM) | 4.059 |
EPS (TTM) | 3.6 |
Dividend & Yield | 1.000 (6.88%) |
1 Month Average Volume | 202,794 |
News & Press Releases
Sinclair Announces Supplement to Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement Relating to the Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
Sinclair, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair”) today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has supplemented and amended the Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated as of January 27, 2025 (the “Offering Memorandum”) with respect to the previously announced (i) private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 4.375% Second-Out First Lien Secured Notes due 2032 (the “Exchange Second-Out Notes”) for any and all of the Issuer’s outstanding 4.125% Senior Secured Notes due 2030 (the “Existing Notes”) and (ii) the solicitation of consents (the “Consent Solicitation”) from Eligible Holders of the Existing Notes, pursuant to a supplement dated the date hereof (“Supplement No. 1”). Supplement No. 1 amends certain terms of the asset sale covenant and the definition of “Permitted Liens” that apply to the Exchange Second-Out Notes as further set forth in Supplement No. 1.
By Sinclair, Inc. · Via Business Wire · January 30, 2025
Sinclair Prices Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), has priced its previously announced private offering for an aggregate principal amount of $1,430 million of First-Out First Lien Secured Notes due 2033 (the “2033 Notes”).
By Sinclair, Inc. · Via Business Wire · January 29, 2025
Sinclair Announces Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), intends to offer in a private placement, subject to market conditions and other factors, $1,430 million aggregate principal amount of First-Out First Lien Secured Notes due 2033 (the “2033 Notes”).
By Sinclair, Inc. · Via Business Wire · January 27, 2025
Sinclair Announces Any and All Private Debt Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair") today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has commenced a private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 4.375% Second-Out First Lien Secured Notes due 2032 (144A CUSIP / ISIN: 829259BF6 / US829259BF69; REG S CUSIP / ISIN: U8275QAN0 / USU8275QAN08) (the “Exchange Second-Out Notes”) for any and all of the Issuer’s outstanding 4.125% Senior Secured Notes due 2030 (144A CUSIP / ISIN: 829259BA7 / US829259BA72; REG S CUSIP / ISIN: U8275QAK6 / USU8275QAK68) (the “Existing Notes”), on the terms and subject to the conditions set forth in a Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated as of January 27, 2025 (the “Offer Documents”).
By Sinclair, Inc. · Via Business Wire · January 27, 2025
Sinclair Reports Preliminary Fourth Quarter 2024 Local Media Segment Media Revenues and Certain Expenses
Sinclair, Inc. (Nasdaq: SBGI), the “Company,” today released preliminary unaudited Local Media segment fourth quarter 2024 media revenues and certain media operating expenses.
By Sinclair, Inc. · Via Business Wire · January 27, 2025
Sinclair to Report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 p.m. (Eastern Time)
Sinclair, Inc. (Nasdaq: SBGI) will report its fourth quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, February 26, 2025, followed by a conference call to discuss the results at 4:30 p.m. ET.
By Sinclair, Inc. · Via Business Wire · January 22, 2025
Sinclair Announces Company Promotions
Sinclair Inc., a diversified media company and a leader in local news and sports, today announced several promotions across the company.
By Sinclair, Inc. · Via Business Wire · January 22, 2025
PBS Reno and Sinclair Launch KNPB-VC, ATSC 3.0 Virtual Channel 5-11
PBS Reno and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQSBGI), proudly announce the launch of KNPB-VC, a new virtual ATSC 3.0 channel, broadcasting on virtual channel 5-11. This innovative launch brings PBS Reno’s high-quality programming into the NEXTGEN television space, offering viewers a state-of-the-art experience, including enhanced picture quality with Advanced HDR by Technicolor.
By Sinclair, Inc. · Via Business Wire · January 21, 2025
Sinclair Launches AMP Sales & Marketing Solutions and AMP Media
Sinclair Broadcast Group today announced the launch of two major initiatives: AMP Sales & Marketing Solutions, a reimagined advertising sales and integrated marketing division, and AMP Media, a dynamic new brand focused on non-news content and original programming. These developments represent key milestones in the company's ongoing transformation to expand its offerings and redefine how it engages clients, audiences, and partners.
By Sinclair, Inc. · Via Business Wire · January 16, 2025
Sinclair Announces Renewals of NBC Affiliation Agreements
Sinclair and NBC today announced a comprehensive, multi-year agreement that renews station affiliation agreements for all 21 of Sinclair’s owned and/or operated NBC affiliates, with the stations reaching nearly 7 million U.S. TV households.
By Sinclair, Inc. · Via Business Wire · January 15, 2025
Sinclair Enters Into Agreement with Creditors on Liquidity Enhancing Transaction
Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today announced that Sinclair Television Group, Inc. (“STG”) and certain affiliated entities have entered into a Transaction Support Agreement (including the attached term sheet and other attachments thereto, the “TSA”) with certain of STG's secured creditors (the “Consenting Creditors”), including lenders holding term loans (the “Existing Term Loan Facility”) under STG’s existing credit facilities (the “Existing Credit Facilities”) governed by STG’s existing bank credit agreement (the “Existing Credit Agreement”) and various holders of STG’s outstanding 4.125% Senior Secured Notes due 2030 (the “Existing Secured Notes”), on the principal terms of new money financings and a debt recapitalization (the “Transactions”) to strengthen the Company’s balance sheet and better position it for long-term growth.
By Sinclair, Inc. · Via Business Wire · January 14, 2025
Sinclair and Tennis Channel Partner with Salvation Army for Sinclair Cares: California Wildfires Relief
Sinclair and Tennis Channel today announced Sinclair Cares: California Wildfires Relief, a fundraising initiative in partnership with the Salvation Army to provide disaster relief support across Southern California.
By Sinclair, Inc. · Via Business Wire · January 10, 2025
Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States
Four of the nation’s largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless data services to a wide range of businesses and industries across the country.
By Sinclair, Inc. · Via Business Wire · January 7, 2025
A Look Back at Broadcasting Stocks’ Q3 Earnings: Sinclair (NASDAQ:SBGI) Vs The Rest Of The Pack
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Sinclair (NASDAQSBGI) and its peers.
Via StockStory · January 6, 2025
Sinclair Announces Annual Diversity Scholarship Submission for 2025
Sinclair today announced that the company’s annual Diversity Scholarship program is now accepting applications for the 2025 academic year. Having provided nearly $400,000 in tuition assistance since 2013, the scholarship program aims to invest in the future of the broadcast industry by helping students from diverse backgrounds, who reflect Sinclair’s audiences nationwide, complete their education and pursue careers in journalism and marketing.
By Sinclair, Inc. · Via Business Wire · January 6, 2025
Sinclair Names Jon Kramer Vice President/General Manager of WMSN FOX 47 in Madison, WI
Sinclair today announced that Jon Kramer has been named Vice President/General Manager of WMSN FOX 47 in Madison. Kramer previously served as the station’s General Sales Manager, a position he has held since 2019.
By Sinclair, Inc. · Via Business Wire · January 6, 2025
Deal Dispatch: Vera Bradley Is A Mixed Bag, Modell's Ex-CEO Explores Party Citybenzinga.com
Vera Bradley faces shareholder pressure for underperformance, while acquisitions and restructurings define this week's deal landscape.
Via Benzinga · January 3, 2025
Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 5% Dividend Yieldsbenzinga.com
Via Benzinga · December 26, 2024
Sinclair (SBGI): Buy, Sell, or Hold Post Q3 Earnings?
Sinclair has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.6% to $13.01 per share while the index has gained 9.7%.
Via StockStory · December 24, 2024
Nashville PBS and Sinclair Launch WNPT-VC, ATSC 3.0 Virtual Channel
Nashville PBS and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQSBGI), proudly announce the launch of WNPT-VC, a new virtual ATSC 3.0 channel, broadcasting on virtual channel 8-11. This innovative launch brings Nashville PBS’ high-quality programming into the NEXTGEN television space, offering viewers a state-of-the-art experience.
By Sinclair, Inc. · Via Business Wire · December 17, 2024
Sinclair Expands Broadcast Network Footprint of TBD TV Through Partnership With FOX in Top 10 DMAs
Sinclair today announced a network distribution agreement with FOX Television Stations to add Sinclair’s free over-the-air national broadcast TV network TBD TV to FOX’s owned and operated affiliates beginning January 15, 2025.
By Sinclair, Inc. · Via Business Wire · December 17, 2024
NewsON Launches Enhanced App Experience on Roku with Latest Update
NewsON, the nation’s premier streaming service for local news content, today announced the launch of its upgraded app on Roku. This latest version brings a host of new features and a refreshed user interface, providing viewers with unparalleled access to live and on-demand news coverage across the United States.
By NewsON · Via Business Wire · December 16, 2024
Airtasker USA Accelerates Growth with $12 Million in Strategic Media Partnerships with Sinclair and Mercurius
Airtasker (ASX: ART), the global marketplace for local services, today announced it has secured a total of $12 million in media capital through partnerships with Sinclair Broadcast Group, a division of Sinclair, Inc. (NASDAQSBGI) and Mercurius Media Capital LP. These partnerships bring Airtasker USA’s total media capital raised in 2024 to $21.75 million, expanding the company’s reach and enabling more Americans to connect with local Taskers for help with everyday tasks.
By Airtasker Limited · Via Business Wire · December 10, 2024
Sinclair’s “The Triple Option” Podcast to Broadcast Live from the 2024 Army-Navy Game Media Row Presented by USAA
One of the greatest rivalries in sports is set to add another chapter on Saturday, December 14, as Army and Navy face off for the 125th time. In celebration of this storied matchup, Sinclair is excited to announce that “The Triple Option” podcast will broadcast live from Army-Navy Game Media Row presented by USAA on Friday, December 13, from 12-1:30pm ET at the Military Women’s Memorial in Arlington National Cemetery.
By Sinclair, Inc. · Via Business Wire · December 9, 2024
3 Small-Cap Stocks on the Rise With Over 4% Dividend Yields
Check out these three small cap stocks that not only pay over 4% dividend yields, but have also seen their share prices rise significantly in recent months.
Via MarketBeat · December 4, 2024