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Sinclair, Inc. (SBGI) stock

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NASDAQ: SBGI Nasdaq Broadcasting Next results ~November 4, 2026

C Fundamentals grade

Sinclair, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 822% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 822% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Sinclair, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 6 selling0 purchases and 21 sales by directors and officers, last 12 monthsInsider trades
  • Funds106 adding, 56 cuttingOf 31 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Sinclair files

Where Sinclair stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $3.26bn, down 6.5% on a year earlier, a smaller fall than the 9.2% decline a quarter earlier. Free-cash-flow margin fell to 2.9% from 13.3% a year earlier. Operating margin narrowed to 6.6% from 13.8%. The diluted share count is up 4.2% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 6 financial-health checks.

Our model value for Sinclair is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Sinclair, Inc.'s trailing-twelve-month revenue fell 6.5% year on year, with a free-cash-flow margin of 2.9%. Where it lags: long-term debt as % of assets of 73.6% ranks 11 of 13 broadcasting companies we cover.

Our discounted-cash-flow model values the business at ~$18 per share in the base case (~$1.4–$40 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 79.4% while net income grew 4.0%: a 83pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Sinclair, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 6.5% over the last 12 months.
  • Margins narrowing. Operating margin is down 7.2 points on a year ago.
  • Share dilution. Diluted shares rose 4.2% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 0.2 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 73.6% ranks 11 of 13 broadcasting companies we cover (median 55.6%).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
-$1.61 against an average estimate of -$0.30: missed by 427.1%
Revenue
$840m, up 7.1% on a year earlier
Share reaction
+5.5% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.05

Sinclair's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.3%
  • 1 week+8.4%
  • 1 month+4.3%
  • This year-10.6%
  • 1 year+1.7%
  • 5 years-34.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$3.3B
Operating margin
6.6%
Net margin
1.6%
EPS (TTM, diluted)
$0.74

Growth

Revenue growth
−6.5%
Change in growth rate
+2.8 pts
Share count change
+4.2%

Cash

Free cash flow (TTM)
$95M
FCF margin
2.9%
Stock pay % of revenue
1.6%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Announcement
  3. Announcement
  4. Announcement
  5. Announcement
  6. Announcement
  7. Results
  8. Announcement
  9. Announcement
  10. Product
  11. Leadership
  12. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Sinclair, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 822% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Sinclair, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.82 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$0.0 Left out: out of range vs price (0.00x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sinclair, Inc. with Broadcasting in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20212022202320242025Now
Share price$19.50$11.96$10.78$14.30$14.51$12.97
Market value$1.5bn$845m$702m$945m$1.0bn$916m
+ Net debt (− = net cash)−$819m$3.4bn$3.6bn$3.5bn$3.6bn$3.5bn
Enterprise value$645m$4.3bn$4.3bn$4.4bn$4.6bn$4.4bn
Multiples
Price / sales 0.2x0.2x0.2x0.3x0.3x0.3x
Price / earnings —0.3x—3.0x—17.6x
Price / free cash flow 5.9x1.2x4.9x67.5x8.7x9.6x
EV / EBITDA 0.9x1.0x—5.5x10.8x9.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $877m and EPS of $0.05 (range $0.05 to $0.05) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.40 +121% $3.5bn +11%
Next −$1.97 −591% $3.2bn −9%

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.30 −$1.61 −427.1%
Mar 2026 −$0.71 $1.69 +337.0%
Dec 2025 −$0.60 $0.13 +121.5%
Sept 2025 −$1.25 −$0.73 +41.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

7 analysts, Oct 2026
Buy229%
Hold343%
Sell229%

Monthly trend

  1. Oct 202623117
  2. Sep 202623117
  3. Aug 202623117

Counts of recommendations published by analysts covering Sinclair, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
28.4%
of tradable shares
Days to cover
8.33
at average volume
Short interest, 1 month
+2%
to September 30, 2026
Held by institutions
68%
of shares
Held by insiders
14.5%
of shares
Employees
7,100
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +1.7%

$12.75 on October 31, 2025 to $12.97

ThenNowEffect
Revenue (last 12 months) $3.5bn $3.3bn −6.5%
Net margin 1.4% 1.6% +11.2%
P/E multiple 17.3x 17.6x +1.9%
Share count 68m 71m −4.1%

Biggest factor: net margin.

Last 3 years +7.4%

$12.07 on November 3, 2023 to $12.97

ThenNowEffect
Revenue (last 12 months) $3.3bn $3.3bn −2.6%
Net margin 5.1% 1.6% −69.0%
P/E multiple 4.8x 17.6x +265.3%
Share count 69m 71m −2.7%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SBGI−15%−39%−10%+33%+2%−11%
Industry peers (median)+28%−32%−8%−46%+12%−13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SBGI42%50%50%50%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SBGI−40%−50%−53%−33%−28%−27%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 81% from May 10, 2019 to October 13, 2023. Getting back needed a 435% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$11.97 – $16.29
From 52-week high
−20.4%
vs 50-day average
−1.5%
vs 200-day average
−5.4%
Volatility (1 year)
46%
Beta vs S&P 500
0.24

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±8.0%
After a week
5 up, 7 down
typical move ±6.3%
After a month
5 up, 7 down
typical move ±5.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +5.5% −0.4% −0.8% +1.3%
April 30, 2026 −0.5% +1.3% −7.0% −5.6%
February 25, 2026 +15.9% +0.3% +8.9% −4.8%
November 5, 2025 +20.3% −0.7% +24.7% +9.0%
August 6, 2025 −12.8% +0.7% +4.0% −0.7%
May 7, 2025 −3.9% +1.1% +1.7% −13.8%
February 26, 2025 −5.2% −1.5% −2.1% +9.0%
January 27, 2025 −3.5% −0.6% −3.2% −3.8%
November 6, 2024 +1.1% +3.3% −4.3% +9.5%
August 7, 2024 +2.4% +1.6% −3.8% +2.8%
May 8, 2024 +22.0% +0.6% +8.1% −4.8%
February 28, 2024 +3.1% +0.2% −6.6% −4.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Sinclair, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Sinclair, Inc.
$3B $3.2B $3.4B $3.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3.3B Revenue (TTM), FY23 Q4: $3.1B Revenue (TTM), FY24 Q1: $3.2B Revenue (TTM), FY24 Q2: $3.2B Revenue (TTM), FY24 Q3: $3.4B Revenue (TTM), FY24 Q4: $3.5B Revenue (TTM), FY25 Q1: $3.5B Revenue (TTM), FY25 Q2: $3.5B Revenue (TTM), FY25 Q3: $3.3B Revenue (TTM), FY25 Q4: $3.2B Revenue (TTM), FY26 Q1: $3.2B Revenue (TTM), FY26 Q2: $3.3B $3.3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3.3B
FY23 Q4 $3.1B
FY24 Q1 $3.2B
FY24 Q2 $3.2B
FY24 Q3 $3.4B
FY24 Q4 $3.5B
FY25 Q1 $3.5B
FY25 Q2 $3.5B
FY25 Q3 $3.3B
FY25 Q4 $3.2B
FY26 Q1 $3.2B
FY26 Q2 $3.3B
Revenue growth, TTM YoY Sinclair, Inc.
-20% -10% 0% 10% 20% FY24 Q1 FY24 Q3 FY25 Q1 FY25 Q3 FY26 Q2 Revenue growth, TTM YoY, FY24 Q1: -7.4% Revenue growth, TTM YoY, FY24 Q2: -3.7% Revenue growth, TTM YoY, FY24 Q3: 3.1% Revenue growth, TTM YoY, FY24 Q4: 13.2% Revenue growth, TTM YoY, FY25 Q1: 11.6% Revenue growth, TTM YoY, FY25 Q2: 8.1% Revenue growth, TTM YoY, FY25 Q3: -1.0% Revenue growth, TTM YoY, FY25 Q4: -10.7% Revenue growth, TTM YoY, FY26 Q1: -9.2% Revenue growth, TTM YoY, FY26 Q2: -6.5% -6.5%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 -7.4%
FY24 Q2 -3.7%
FY24 Q3 3.1%
FY24 Q4 13.2%
FY25 Q1 11.6%
FY25 Q2 8.1%
FY25 Q3 -1.0%
FY25 Q4 -10.7%
FY26 Q1 -9.2%
FY26 Q2 -6.5%
Operating margin (TTM) Sinclair, Inc.
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 9.4% Operating margin (TTM), FY23 Q4: -10.6% Operating margin (TTM), FY24 Q1: -9.8% Operating margin (TTM), FY24 Q2: -7.5% Operating margin (TTM), FY24 Q3: -3.0% Operating margin (TTM), FY24 Q4: 15.5% Operating margin (TTM), FY25 Q1: 14.8% Operating margin (TTM), FY25 Q2: 13.8% Operating margin (TTM), FY25 Q3: 10.8% Operating margin (TTM), FY25 Q4: 5.5% Operating margin (TTM), FY26 Q1: 5.8% Operating margin (TTM), FY26 Q2: 6.6% 6.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 9.4%
FY23 Q4 -10.6%
FY24 Q1 -9.8%
FY24 Q2 -7.5%
FY24 Q3 -3.0%
FY24 Q4 15.5%
FY25 Q1 14.8%
FY25 Q2 13.8%
FY25 Q3 10.8%
FY25 Q4 5.5%
FY26 Q1 5.8%
FY26 Q2 6.6%
FCF margin (TTM) Sinclair, Inc.
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 11.7% FCF margin (TTM), FY23 Q4: 4.6% FCF margin (TTM), FY24 Q1: 2.4% FCF margin (TTM), FY24 Q2: -9.7% FCF margin (TTM), FY24 Q3: -2.7% FCF margin (TTM), FY24 Q4: 0.4% FCF margin (TTM), FY25 Q1: 0.8% FCF margin (TTM), FY25 Q2: 13.3% FCF margin (TTM), FY25 Q3: 6.3% FCF margin (TTM), FY25 Q4: 3.6% FCF margin (TTM), FY26 Q1: 4.8% FCF margin (TTM), FY26 Q2: 2.9% 2.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 11.7%
FY23 Q4 4.6%
FY24 Q1 2.4%
FY24 Q2 -9.7%
FY24 Q3 -2.7%
FY24 Q4 0.4%
FY25 Q1 0.8%
FY25 Q2 13.3%
FY25 Q3 6.3%
FY25 Q4 3.6%
FY26 Q1 4.8%
FY26 Q2 2.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 6,134 3,928 3,134 3,548 3,169 3,256
EBITDA 686 4,301 −60 801 422 476
Operating income 95 3,980 −331 551 173 215
Net income −414 2,652 −291 310 −112 52
Diluted EPS −$5.51 $37.54 −$4.46 $4.69 −$1.61 $0.74
Growth (year on year)
Revenue — −36.0% −20.2% +13.2% −10.7% −6.5%
EBITDA — +527.0% −101.4% — −47.3% −34.3%
Operating income — — −108.3% — −68.6% −55.2%
Net income — — −111.0% — −136.1% —
Diluted EPS — — −111.9% — −134.3% —
Margins
EBITDA margin 11.2% 109.5% −1.9% 22.6% 13.3% 14.6%
Operating margin 1.5% 101.3% −10.6% 15.5% 5.5% 6.6%
Net margin −6.7% 67.5% −9.3% 8.7% −3.5% 1.6%
Free-cash-flow margin 4.0% 17.7% 4.6% 0.4% 3.6% 2.9%
Cash flow
Cash from operations 327 799 235 98 189 171
Capital spending 80 105 92 84 74 76
Free cash flow 247 694 143 14 115 95
Stock-based pay 60 50 45 51 51 51
Free cash flow after stock pay 187 644 98 −37 64 44
Balance sheet
Cash 819 884 662 697 866 604
Total debt 0 4,321 4,221 4,165 4,438 4,059
Net debt (negative = net cash) −819 3,437 3,559 3,468 3,572 3,455
Diluted shares 75m 71m 65m 66m 69m 71m
Returned to shareholders
Dividends 60 70 65 66 69 71
Buybacks 61 120 153 0 0 —
Total returned 121 190 218 66 69 71

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · June 30, 2026
What it owns · $5.5bn
Short-term assets $1.4bnLonger-term assets $4.1bn
What it owes, and who funded it · $5.6bn
Short-term liabilities $714mLonger-term liabilities $4.5bnShareholders' equity $380m
  • Short-term assets cover short-term liabilities $1.4bn of assets due within a year against $714m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.4bn short-term assets against $4.5bn of longer-dated liabilities.
  • More cash than debt $604m of cash against $4.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 1068% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $171m of operating cash flow against $4.1bn of debt.
  • Operating profit covers interest at least five times over Operating income of $215m against $334m of interest.

From Sinclair, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$71M
Buybacks, last 3 fiscal years
$153M
Diluted share count
+4.2%
year over year
Total shareholder yield
7.6%
dividends 7.6% + buybacks 0.0% of market value
Dividend payout ratio
137%
of net income paid out
Sales & admin spending
26.0%
of revenue
Days sales outstanding
73 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in broadcasting
Last 12 months unless stated SBGI GTN IHRT AMCX SSP NXST Median
Revenue, last 12 months $3.3bn $3.1bn $4.0bn $2.2bn $2.1bn $5.9bn $2.2bn
Revenue growth, last 12 months −6.5% −11.3% 3.1% −4.6% −14.2% 10.5% −4.9%
Revenue growth, 3-year average −0.9% −4.3% 1.2% −9.6% −4.5% 3.8% −2.9%
Revenue growth, latest quarter 7.1% 8.7% 4.7% −8.8% −9.2% 62.2% −0.1%
Operating margin 6.6% 13.8% 0.2% 2.3% −50.3% 17.8% 1.4%
Operating margin, 3-year average 4.3% 16.4% −5.4% 3.3% −11.8% 19.0% 0.4%
Net margin 1.6% −0.8% −7.2% −0.9% −58.0% 3.2% −0.9%
Cash from operations / revenue 5.3% 7.9% 3.0% 9.7% 4.0% 15.2% 6.6%
Free-cash-flow margin 2.9% 4.6% 0.9% 8.5% 1.7% 12.6% 3.4%
Free-cash-flow margin, 3-year average 2.2% 9.0% 1.1% 12.1% 5.0% 16.2% 5.7%
Stock pay / revenue 1.6% 0.7% 0.9% 1.1% 0.8% 1.7% 1.0%
Change in share count 4.2% 1.6% 2.1% −0.8% 3.0% −1.5% 2.1%

Median of all 13 companies we cover in broadcasting. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

13 broadcasting companies
Measure Company Peer median Rank
Revenue growth Growth -6.5% -4.9% 9 of 13
Change in growth rate Growth +2.8pp +1.0pp 6 of 13
Operating margin Profitability 6.6% 2.3% 4 of 12
Net margin Profitability 1.6% -0.9% 4 of 13
Free-cash-flow margin Cash generation 2.9% 3.4% 8 of 13
Stock pay as % of revenue Cash generation 1.6% 1.1% 7 of 11
Long-term debt as % of assets Balance sheet 73.6% 55.6% 11 of 13
Change in share count Balance sheet 4.2% 2.1% 8 of 11
Days sales outstanding Balance sheet 73 days 73 days 7 of 13

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Local Media $2.8B 86.6% ▼ 14.8%
Tennis $265M 8.3% ▲ 7.3%
All Other Segments $166M 5.2% ▲ 118.4%

From Sinclair, Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$457M
Institutions reporting
175
Shares held vs prior quarter
▲ 5.9%
Positions opened / closed
27 / 21

Top buyers and sellers, Q2 2026: 106 institutions bought and 56 sold ; the biggest buyer was Foursixthree Capital LP (+578K shares) and the biggest seller Charles Schwab Investment Management Inc (−410K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
GAMCO Investors, Inc. Et Al $56.1M 3.9M 12.3% ▼ 1.3%
Blackrock, Inc. $49.6M 3.5M 10.9% ▲ 19.7%
Vanguard Portfolio Management LLC $27.4M 1.9M 6.0% ▲ 0.8%
Dimensional Fund Advisors LP $25.4M 1.8M 5.6% ▲ 9.9%
Vanguard Capital Management LLC $25.2M 1.8M 5.5% ▲ 4.4%
Capital Management Corp $20.1M 1.4M 4.4% ▲ 8.1%
Madison Avenue Partners, LP $19.7M 1.4M 4.3% ▼ 6.1%
Charles Schwab Investment Management Inc $17.8M 1.3M 3.9% ▼ 24.7%
Geode Capital Management, LLC $15.8M 1.1M 3.5% ▲ 13.3%
Goldman Sachs Group Inc $15.5M 1.1M 3.4% ▲ 38.4%
Gabelli Funds LLC $15.4M 1.1M 3.4% ▼ 3.7%
State Street Corp $14.4M 1.0M 3.1% ▲ 9.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sinclair, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $3M 21 trades by 6 insiders · 0% under pre-set plans
Net ▼ $3M net selling
Insider Date Trade Shares Price Value
Smith Frederick G Vice President September 21, 2026 Sell 992 $13.51 $13,402
Smith Frederick G Vice President September 21, 2026 Sell 100 $13.51 $1,351
Smith Frederick G Vice President September 21, 2026 Sell 100 $13.50 $1,350
Smith Frederick G Vice President September 21, 2026 Sell 100 $13.50 $1,350
Smith Frederick G Vice President September 21, 2026 Sell 992 $13.51 $13,402
Smith Frederick G Vice President September 21, 2026 Sell 100 $13.51 $1,351
Gibber David B EVP & Chief Legal Officer August 10, 2026 Sell 418 $13.82 $5,777
Gibber David B EVP & Chief Legal Officer August 10, 2026 Sell 28,828 $13.74 $396,097
Keith Daniel C Director July 2, 2026 Sell 17,000 $15.02 $255,340
Legg Benson E Director May 4, 2026 Sell 31,500 $14.60 $459,900
Keith Daniel C Director April 2, 2026 Sell 22,613 $13.10 $296,230
Keith Daniel C Director April 1, 2026 Sell 1,398 $13.10 $18,314

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Sinclair, Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • Daniel S. Goldman(D-NY 10):Sale (full), $1,001 - $15,000, traded July 12, 2023, filed August 13, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • April 30, 2026
  • February 25, 2026
  • November 5, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Sinclair, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Sinclair, Inc. in brief

What does Sinclair, Inc. do?
Sinclair, Inc. is a US-listed company in the broadcasting industry. Its financial year ends in December.
What is Sinclair, Inc.'s stock ticker?
Sinclair, Inc. trades under the ticker SBGI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Sinclair, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Sinclair, Inc. reported revenue of $3.3B, 6.5% lower than a year earlier, according to its SEC filings.
What is Sinclair, Inc.'s free cash flow?
Sinclair, Inc.'s free-cash-flow margin is 2.9% of revenue over the trailing twelve months, ranking 8 of the 13 broadcasting companies we cover.
Who are Sinclair, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are GAMCO Investors, Inc. Et Al, Blackrock, Inc. and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Sinclair, Inc.'s market cap?
On November 2, 2026, Sinclair, Inc.'s market capitalisation was about $916M, with a price-to-earnings ratio of 17.6 and net debt of $3.5B. Market figures come from third-party market data and may be delayed.
Does Sinclair, Inc. pay a dividend?
Yes: Sinclair, Inc. paid $71M in dividends over the trailing twelve months, a dividend yield of 7.59% and a payout ratio of 136.5%.
How much debt does Sinclair, Inc. have?
Sinclair, Inc.'s debt-to-equity ratio is 1068.2%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Sinclair, Inc.'s competitors?
In our Broadcasting peer group, the companies closest to Sinclair, Inc. are Gray Media, Inc, Iheartmedia, Inc., AMC Global Media Inc., E.w. Scripps Co and Nexstar Media Group, Inc. The side-by-side comparison below sets their revenue, margins and growth against Sinclair, Inc.'s.
Are insiders buying or selling Sinclair, Inc. stock?
Over the last 12 months, Sinclair, Inc.'s directors and officers reported 0 open-market purchases and 21 sales on Form 4. The insider trading page charts every trade.
When is Sinclair, Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sinclair, Inc. announces its own schedule.