SBGI Stock Analysis: Sinclair Broadcast | NASDAQ
Broadcasting | NASDAQ, USA | Market Cap: 1.023m USD | 12M Return: -1.6% | US8292421067 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.09M
Qual. Beats: 0
Rev. Trend: 15.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Sinclair, Inc. is a U.S. media company that delivers content through local television stations and digital platforms. The business is organized into two segments: Local Media, which operates broadcast TV stations, produces local and original news, and runs national networks such as The Nest, Comet, CHARGE!, The National News Desk, and Full Measure with Sharyl Attkisson; and Tennis, which centers on Tennis Channel, related streaming and international services, Tennis Channel 2 (a free ad-supported streaming channel), Tennis.com, and the FAST channel Pickleballtv. The company also offers digital and internet solutions, designs and manufactures broadcast systems, and holds investments in non-media businesses. Founded in 1971, Sinclair is headquartered in Hunt Valley, Maryland.
Like most U.S. broadcasters, Sinclair operates a dual-revenue model that combines advertising sales with retransmission and carriage fees paid by multichannel video programming distributors (MVPDs) for the right to carry its station signals. The sector as a whole is in the midst of a transition from traditional over-the-air distribution toward digital and streaming delivery, which is reflected in Sinclairs growing portfolio of FAST channels, podcasts, and direct-to-consumer streaming services alongside its core broadcast business.
- Political advertising revenue surges ahead of 2024 election cycle
- Tennis Channel streaming growth offsets Local Media cord-cutting decline
- High debt load and interest costs pressure free cash flow
| Net Income: 96.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.96 > 1.0 |
| NWC/Revenue: 20.85% < 20% (prev 20.17%; Δ 0.69% < -1%) |
| CFO/TA 0.06 > 3% & CFO 336.0m > Net Income 96.0m |
| Net Debt (3.64b) to EBITDA (749.0m): 4.87 < 3 |
| Current Ratio: 1.97 > 1.5 & < 3 |
| Outstanding Shares: last quarter (72.5m) vs 12m ago 4.02% < -2% |
| Gross Margin: 43.36% > 18% (prev 48.52%; Δ -5.15% > 0.5%) |
| Asset Turnover: 60.96% > 50% (prev 59.94%; Δ 1.01% > 0%) |
| Interest Coverage Ratio: 1.27 > 6 (EBIT TTM 415.0m / Interest Expense TTM 328.0m) |
| A: 0.13 (Total Current Assets 1.43b - Total Current Liabilities 727.0m) / Total Assets 5.51b |
| B: -0.04 (Retained Earnings -239.0m / Total Assets 5.51b) |
| C: 0.07 (EBIT TTM 415.0m / Avg Total Assets 5.54b) |
| D: 0.08 (Book Value of Equity 410.0m / Total Liabilities 5.18b) |
| Altman-Z'' = 1.28 = BB |
| DSRI: 0.94 (Receivables 604.0m/633.0m, Revenue 3.38b/3.34b) |
| GMI: 1.12 (GM 48.52% / 43.36%) |
| AQI: 0.98 (AQ_t 0.60 / AQ_t-1 0.62) |
| SGI: 1.01 (Revenue 3.38b / 3.34b) |
| TATA: -0.04 (NI 96.0m - CFO 336.0m) / TA 5.51b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of November 11, 2026, the stock is trading at USD 15.11 with a total of 1,492,496 shares traded. Over the past week, the price has changed by +12.18%, over one month by +20.11%, over three months by +11.76% and over the past year by -1.61%.
Current recommended Stop Loss: 14.00 (which is 7.3% or 1.8 ATR below the current price).
Sinclair Broadcast has received a consensus analysts rating of 3.14. Therefore, it is recommended to hold SBGI.
- StrongBuy: 2
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 17.6 | 16.3% |
P/E Trailing = 18.6447
P/E Forward = 32.0513
P/S = 0.3147
P/B = 2.7214
P/EG = 0.3664
Revenue TTM = 3.38b USD
EBIT TTM = 415.0m USD
EBITDA TTM = 749.0m USD
Long Term Debt = 4.01b USD (from longTermDebt, last quarter)
Short Term Debt = 48.0m USD (from shortTermDebt, last quarter)
Debt = 4.30b USD (from shortLongTermDebtTotal, last quarter) + Leases 134.0m
Net Debt = 3.64b USD (calculated: Debt 4.30b - CCE 659.0m)
Enterprise Value = 4.67b USD (1.02b + Debt 4.30b - CCE 659.0m)
Interest Coverage Ratio = 1.27 (Ebit TTM 415.0m / Interest Expense TTM 328.0m)
EV/FCF = 17.81x (Enterprise Value 4.67b / FCF TTM 262.0m)
FCF Yield = 5.61% (FCF TTM 262.0m / Enterprise Value 4.67b)
FCF Margin = 7.76% (FCF TTM 262.0m / Revenue TTM 3.38b)
Net Margin = 2.84% (Net Income TTM 96.0m / Revenue TTM 3.38b)
Gross Margin = 43.36% ((Revenue TTM 3.38b - Cost of Revenue TTM 1.91b) / Revenue TTM)
Gross Margin QoQ = 49.61% (prev 45.83%)
Tobins Q-Ratio = 0.85 (Enterprise Value 4.67b / Total Assets 5.51b)
Interest Expense / Debt = 7.62% (Interest Expense 328.0m / Debt 4.30b)
Taxrate = 34.85% (23.0m / 66.0m)
NOPAT = 270.4m (EBIT 415.0m * (1 - 34.85%))
Current Ratio = 1.97 (Total Current Assets 1.43b / Total Current Liabilities 727.0m)
Debt / Equity = 10.50 (Debt 4.30b / totalStockholderEquity, last quarter 410.0m)
Debt / EBITDA = 4.87 (Net Debt 3.64b / EBITDA 749.0m)
Debt / FCF = 13.91 (Net Debt 3.64b / FCF TTM 262.0m)
Total Stockholder Equity = 425.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.73% (Net Income 96.0m / Total Assets 5.51b)
RoE = 22.59% (Net Income TTM 96.0m / Total Stockholder Equity 425.0m)
RoCE = 9.35% (EBIT 415.0m / Capital Employed (Equity 425.0m + L.T.Debt 4.01b))
RoIC = 5.80% (NOPAT 270.4m / Invested Capital 4.66b)
WACC = 5.49% (E(1.02b)/V(5.33b) * Re(7.69%) + D(4.30b)/V(5.33b) * Rd(7.62%) * (1-Tc(0.35)))
Discount Rate = 7.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.57 | Cagr: 4.11%
[DCF] Terminal Value 77.97% ; FCFF base≈241.6m ; Y1≈277.0m ; Y5≈407.6m
[DCF] Fair Price = 51.43 (EV 6.13b - Net Debt 3.64b = Equity 2.49b / Shares 48.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.33 | # QB: 0
Revenue Correlation: 15.52 | Revenue CAGR: 0.76% | SUE: 1.43 | # QB: 1
EPS current Quarter (2027-03-31): EPS=-0.53 | Chg30d=-1.92% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.40 | Chg30d=-68.83% | Revisions=-40% | GrowthEPS=+121.0% | GrowthRev=+11.1%
EPS next Year (2027-12-31): EPS=-1.97 | Chg30d=-13.58% | Revisions=-40% | GrowthEPS=-591.2% | GrowthRev=-9.0%
[Analyst] Revisions Ratio: -57% (up=0, down=4)