Sinclair Broadcast Group Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 61.74
Dividend & Yield1.00$ (5.55%)
Beta 1.26
Market capitalization 1.29B
Operating cash flow 550M
ESG Scores unknown

Company description

Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.

Sector: Communication Services - Industry: Entertainment

Financial Ratios
Quick Ratio2.06
Working Capital-0.33
Return On Equity0.23
Debt To Equity-6.91
Fixed Asset Ratio0.46
Fixed Interest Cover0.07

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 24M 334M -3M 113M
Total Cashflows From Investing Activities -118M -9.53B -159M -246M
Net Borrowings -163M 8.72B 80M -244M
Total Cash From Financing Activities -465M 8.89B -1.46B -524M
Change To Operating Activities -86M -62M 189M -157M
Issuance Of Stock
Net Income 341M 47M -2.41B -414M
Change In Cash 64M 273M -71M -443M
Effect Of Exchange Rate
Total Cash From Operating Activities 647M 916M 1.55B 327M
Depreciation 280M 467M 805M 668M
Change To Account Receivables -37M 70M 70M -187M
Other Cashflows From Financing Activities -7M 385M -1.13B -159M
Change To Netincome -25M -540M 1.86B -2.09B
Capital Expenditures -105M -156M -157M -80M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 310M 9M -3.15B -499M
Net Income 341M 47M -2.41B -414M
Selling General Administrative 720M 1.12B 981M 1.08B
Gross Profit 1.64B 1.92B 3.03B 1.69B
Ebit 658M 440M 1.46B 45M
Operating Income 658M 440M 1.46B 45M
Interest Expense -292M -422M -656M -618M
Income Tax Expense -36M -96M -720M -173M
Total Revenue 3.06B 4.24B 5.94B 6.13B
Cost Of Revenue 1.41B 2.32B 2.91B 4.44B
Total Other Income ExpenseNet -348M -431M -4.61B -544M
Net Income From Continuing Ops 346M 105M -2.43B -326M
Net Income Applicable To Common Shares 341M 47M -2.41B -414M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 4.97B 14.6B 14.38B 14.05B
Total Stockholder Equity 1.64B 1.5B -1.27B -1.77B
Other Current Liabilities 280M 434M 592M 670M
Total Assets 6.57B 17.37B 13.38B 12.54B
Common Stock 1M 1M 1M 1M
Other Current Assets 64M 498M 85M
Retained Earnings 518M 492M -1.99B -2.46B
Treasury Stock -1M -2M -10M -2M
Cash 1.06B 1.33B 1.26B 816M
Total Current Liabilities 573M 1.13B 1.03B 1.2B
Other Stockholder Equity -1M -2M -10M -2M
Property, Plant, and Equipment 648M 962M 995M 1.02B
Total Current Assets 1.78B 2.91B 3.22B 2.47B
Net Tangible Assets -2.28B -11.35B -9.16B -9.1B
Net Receivables 599M 1.24B 1.29B 1.4B
Accounts Payable 99M 115M 90M 154M


Insider Transactions

Here are the insider transactions of stock shares related to Sinclair Broadcast Group Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SMITH ROBERT EStock Award(Grant) at price 0.00 per share.D2022-06-09Director and Beneficial Owner of more than 10% of a Class of Security10.12k
CARSON BENJAMIN S SRStock Award(Grant) at price 0.00 per share.D2022-06-09Director10.12k
KEITH DANIEL CStock Award(Grant) at price 0.00 per share.D2022-06-09Director10.12k
FRIEDMAN HOWARD EStock Award(Grant) at price 0.00 per share.D2022-06-09Director10.12k
LEGG BENSON EVERETTStock Award(Grant) at price 0.00 per share.D2022-06-09Director10.12k
BEYER LAURIE R.Stock Award(Grant) at price 0.00 per share.D2022-06-09Director10.12k
WEISBORD ROBERT DStock Award(Grant) at price 0.00 per share.D2022-03-22Officer7.24k
SMITH DAVID DONNANStock Award(Grant) at price 0.00 per share.D2022-01-31Officer, Director and Beneficial Owner110.13k
BOCHENEK DAVID ROBERTStock Award(Grant) at price 0.00 per share.D2022-01-31Officer5.19k
RUTISHAUSER LUCY AStock Award(Grant) at price 0.00 per share.D2022-01-31Chief Financial Officer30.86k
RUTISHAUSER LUCY AStock Award(Grant) at price 0.00 per share.D2022-01-31Chief Financial Officer36.71k
WEISBORD ROBERT DStock Award(Grant) at price 0.00 per share.D2022-01-31Officer29.37k
RIPLEY CHRISTOPHER SStock Award(Grant) at price 0.00 per share.D2022-01-31Chief Executive Officer110.13k
BRAY JUSTIN LEROYStock Award(Grant) at price 0.00 per share.D2022-01-31Officer and Treasurer4.21k
GIBBER DAVID B.Stock Award(Grant) at price 0.00 per share.D2022-01-31General Counsel16.52k
LEWIS JEFFREY EDWARDStock Award(Grant) at price 0.00 per share.D2022-01-31Officer4.5k
MCCANNA LAWRENCE EStock Gift at price 0.00 per share.D2021-10-12Director2.1k
LEADER MARTIN RStock Gift at price 0.00 per share.D2021-09-24Director475
MCCANNA LAWRENCE ESale at price 30.17 per share.D2021-08-12Director3.27k
SMITH FREDERICK GSale at price 33.07 - 33.19 per share.D2021-06-30Officer, Director and Beneficial Owner100k
SMITH ROBERT EStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
MCCANNA LAWRENCE EStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
KEITH DANIEL CStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
LEADER MARTIN RStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
FRIEDMAN HOWARD EStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
LEGG BENSON EVERETTStock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
BEYER LAURIE R.Stock Award(Grant) at price 0.00 per share.D2021-06-28Director6.55k
FABER BARRY MStock Award(Grant) at price 0.00 per share.D2021-06-25Officer18.35k
FABER BARRY MStock Award(Grant) at price 0.00 per share.D2021-06-25Officer18.89k
LEADER MARTIN RStock Gift at price 0.00 per share.D2021-06-24Director2.79k
SMITH FREDERICK GSale at price 32.10 per share.D2021-06-22Officer, Director and Beneficial Owner100k
SMITH FREDERICK GSale at price 32.66 - 33.30 per share.D2021-06-10Officer, Director and Beneficial Owner27.49k
SMITH FREDERICK GSale at price 33.46 - 33.47 per share.D2021-06-08Officer, Director and Beneficial Owner66.09k
SMITH FREDERICK GSale at price 33.31 - 34.24 per share.D2021-06-04Officer, Director and Beneficial Owner121.42k
MCCANNA LAWRENCE ESale at price 33.00 per share.D2021-05-12Director5k
SMITH J DUNCANSale at price 30.00 - 30.10 per share.D2021-04-12Officer, Director and Beneficial Owner100.39k
SMITH J DUNCANSale at price 30.01 - 30.09 per share.D2021-04-08Officer, Director and Beneficial Owner215.04k
SMITH J DUNCANSale at price 30.00 - 30.03 per share.D2021-04-06Officer, Director and Beneficial Owner114.53k
SMITH J DUNCANSale at price 30.04 per share.D2021-04-01Officer, Director and Beneficial Owner12.67k
SMITH J DUNCANStock Gift at price 0.00 per share.D2021-03-29Officer, Director and Beneficial Owner10k
SMITH DAVID DONNANSale at price 33.90 - 34.57 per share.D2021-03-22Officer, Director and Beneficial Owner585.49k
SMITH DAVID DONNANConversion of Exercise of derivative security at price 11.68 - 33.05 per share.D2021-03-17Officer, Director and Beneficial Owner2.15M
BOCHENEK DAVID ROBERTConversion of Exercise of derivative security at price 28.20 per share.D2021-03-12Officer7.98k
WEISBORD ROBERT DConversion of Exercise of derivative security at price 33.75 per share.D2021-03-12Officer50k
GIBBER DAVID B.Sale at price 38.72 per share.D2021-03-12General Counsel4.75k
GIBBER DAVID B.Conversion of Exercise of derivative security at price 28.20 per share.D2021-03-11General Counsel26.59k
BRAY JUSTIN LEROYSale at price 37.93 per share.D2021-03-10Officer and Treasurer3.2k
BOCHENEK DAVID ROBERTSale at price 36.25 - 37.75 per share.D/I2021-03-08Officer15.52k
FABER BARRY MSale at price 36.41 per share.I2021-03-05Officer3.5k
RUTISHAUSER LUCY ASale at price 35.62 per share.D2021-03-05Chief Financial Officer13.52k
GIBBER DAVID B.Sale at price 36.13 - 36.24 per share.D2021-03-03General Counsel7.47k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Sinclair Broadcast Group Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Sinclair Broadcast Group Inc - Class A

Here is the result of two systematic investment strategies applied to Sinclair Broadcast Group Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Sinclair Broadcast Group Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Sinclair Broadcast Group Inc - Class A:

Sinclair Broadcast Group Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 11.62% on the backtest period.

Performance at glance

Performance

11.62 %

Latent gain

262.74 $

Invested capital

2261.34 $

Annualized return

2.81 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Sinclair Broadcast Group Inc - Class A

This is the result of two momentum investment strategies applied to Sinclair Broadcast Group Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Sinclair Broadcast Group Inc - Class A

The following chart shows all the entries opened by the momentum investment system on Sinclair Broadcast Group Inc - Class A:

Sinclair Broadcast Group Inc - Class A momentum entries
  • The first momentum investment strategy would give 21.04% of return on Sinclair Broadcast Group Inc - Class A. That represents 1108.27$ of latent gain with 5266.65$ of employed capital.
  • The second momentum investment strategy would give 23.68% of return on Sinclair Broadcast Group Inc - Class A. That represents 830.18$ of latent gain with 3506.06$ of employed capital.
Performance at glance (1Q Momentum)

Performance

21.04 %

Latent gain

1108.27 $

Invested capital

5266.65 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

23.68 %

Latent gain

830.18 $

Invested capital

3506.06 $

Annualized return

6.47 %

Momentum equity curve on Sinclair Broadcast Group Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to Sinclair Broadcast Group Inc - Class A:

Sinclair Broadcast Group Inc - Class A momentum equity

Note: the dividends potentially given by Sinclair Broadcast Group Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sinclair Broadcast Group Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Sinclair Broadcast Group Inc - Class A since the beginning:

Sinclair Broadcast Group Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Sinclair Broadcast Group Inc - Class A

Buy the dip entry openings on Sinclair Broadcast Group Inc - Class A

Sinclair Broadcast Group Inc - Class A

The performance achieved by the robo-advisor on Sinclair Broadcast Group Inc - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Sinclair Broadcast Group Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Sinclair Broadcast Group Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Sinclair Broadcast Group Inc - Class A

The following chart shows the result of the investment strategy applied to Sinclair Broadcast Group Inc - Class A:

Sinclair Broadcast Group Inc - Class A

Note: the dividends potentially given by Sinclair Broadcast Group Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Sinclair Broadcast Group Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Sinclair Broadcast Group Inc - Class A:

Sinclair Broadcast Group Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Sinclair Broadcast Group Inc - Class A

In this section, I will compare the three previous investment strategies applied to Sinclair Broadcast Group Inc - Class A.

Equity curve comparison on Sinclair Broadcast Group Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Sinclair Broadcast Group Inc - Class A investment strategy comparison

Employed capital comparison on Sinclair Broadcast Group Inc - Class A

Sinclair Broadcast Group Inc - Class A investment comparison

Performance comparison on Sinclair Broadcast Group Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 11.62% 262.74$ 2261.34$ 2.81%
Momentum 1 quarter 21.04% 1108.27$ 5266.65$ 5.39%
Momentum 2 quarters 23.68% 830.18$ 3506.06$ 6.47%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

2.81 %

Momentum 1Q

6.47 %

Momentum 2Q

6.47 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Sinclair Broadcast Group Inc - Class A:

Positive correlations

Most correlated stocks this year

  • Sinclair Broadcast Group Inc - Class A

  • Most correlated stocks last 3 months

  • Steel Connect Inc
  • United Insurance Holdings Corp
  • Codorus Valley Bancorp Inc
  • Sandridge Energy Inc New
  • Cedar Fair L.P.
  • Big 5 Sporting Goods Corp
  • Mistras Group Inc
  • Customers Bancorp Inc
  • Flushing Financial Corp
  • Franklin Resources Inc
  • Hawaiian Holdings Inc
  • Capital City Bank Group Inc
  • First Of Long Island Corp
  • Pitney Bowes Inc
  • Steelcase Inc - Class A
  • Cass Information Systems Inc
  • Earthstone Energy Inc - Class A
  • Esquire Financial Holdings Inc
  • Inspired Entertainment Inc
  • Spirit Aerosystems Holdings Inc - Class A
  • CTS Corp
  • Belden Inc
  • Hyster-Yale Materials Handling Inc - Class A
  • MidWestOne Financial Group Inc
  • Radian Group Inc
  • Discover Financial Services
  • Raytheon Technologies Corporation
  • First Citizens Bancshares Inc (NC) - Class A
  • Byline Bancorp Inc
  • Hanmi Financial Corp
  • SmartFinancial Inc
  • Bar Harbor Bankshares Inc
  • First Financial Bancorp
  • CNB Financial Corp (PA)
  • SouthState Corporation
  • Ryerson Holding Corp
  • Sumitomo Mitsui Financial Group Inc
  • MGIC Investment Corp
  • Reliance Steel & Aluminum Company
  • EPR Properties
  • Lloyds Banking Group plc
  • NMI Holdings Inc - Class A
  • Banco Latinoamericano De Comercio Exterior SA - Cl
  • Sinclair Broadcast Group Inc - Class A
  • Carter Bankshares Inc
  • Eloxx Pharmaceuticals Inc
  • HomeTrust Bancshares Inc
  • Republic First Bancorp Inc
  • NI Holdings Inc
  • CTO Realty Growth Inc - New - New
  • Hingham Institution For Savings
  • CohBar Inc
  • Toyota Motor Corporation
  • Caleres Inc
  • Allscripts Healthcare Solutions Inc
  • Walgreens Boots Alliance Inc
  • TEGNA Inc
  • Frontline Ltd
  • Industrias Bachoco S.A.B. DE C.V.
  • Marchex Inc - Class B
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Astronics Corp
  • Kimbell Royalty Partners LP
  • Carriage Services Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • First Seacoast Bancorp

  • Note: The algorithm computes the probability of correlation between Sinclair Broadcast Group Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Sinclair Broadcast Group Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Sinclair Broadcast Group Inc - Class A
    Country United States
    City Hunt Valley
    Address 10706 Beaver Dam Road
    Phone 410 568 1500
    Website sbgi.net
    FullTime employees 11500
    Industry Entertainment
    Sector Communication Services
    Exchange XNAS
    Ticker SBGI
    Market www.nasdaq.com

    Sinclair Broadcast Group Inc - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown