Sinclair Broadcast Group, Inc. - (SBGI) Company Bio
Sinclair Broadcast Group owns and operates, programs, or provides sales services to television stations in the United States. The company was founded in 1986 and is based in Hunt Valley, Maryland.
SBGI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Sinclair Broadcast Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Sinclair Broadcast Group Inc ranked in the 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Sinclair Broadcast Group Inc, consider:
11% of the company's capital comes from equity, which is greater than merely 4.23% of stocks in our cash flow based forecasting set.
Sinclair Broadcast Group Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Consumer Cyclical), Sinclair Broadcast Group Inc has a reliance on debt greater than 95.24% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SBGI, try DISCA, DENN, NVFY, SAH, and HVT.
HUNT VALLEY, Md., Sept. 17, 2020 /PRNewswire/ -- Interactive TV Today has presented Sinclair Broadcast Group (Nasdaq: SBGI) with its prestigious Award for Achievement in Local Broadcasting, part of the TV of Tomorrow annual awards for leadership in interactive and multiplatform television….
BALTIMORE, Sept. 16, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today announced its "Sinclair Cares: Western Wildfires Relief" campaign in partnership with the Salvation Army that aims to raise funds for those affected by the devastating western U.S. wildfires….
BALTIMORE, Aug. 31, 2020 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today announced that it has been named one of Baltimore Business Journal's 2020 Best Places to Work award finalists. Sinclair was named one of ten finalists in the large business category of companies…
Diamond Sports Holdings, indirect subsidiary of Sinclair Broadcast Group (SBGI), redeemed 350K of its preferred units using its cash dividends.Redeemed preferred units were redeemed for redemption price equal to $350M, representing 100% of the unreturned capital contribution with respect to such units, plus $3.85M in accrued and unpaid dividends.Post the partial redemption,...