Sinclair Broadcast Group, Inc (SBGI) AI Stock Analysis
SBGI AI stock analysis summary
AI ResearchSinclair Broadcast Group, Inc (SBGI) is a US media and television broadcasting company with a market cap of $903.5M. Over the trailing twelve months, the company generated revenue of $3.26B with an operating margin of 6.6%. While Sinclair offers a forward dividend yield of 7.97%, it operates with elevated leverage, carrying total debt of $4.19B against shareholders' equity of $380.0M.
- Market cap
- $903.5M
- Revenue (TTM)
- $3.26B
- P/E
- 16.3x fwd 32.1x
- 1Y return
- 5.2% S&P 500 16.8%
- Avg. target
- $17.57 40.3% vs last close
Bull case
- Quarterly revenue grew 7.1% year-over-year in the latest quarter ending June 30, 2026.
- The mean analyst price target of $17.57 implies 40.3% upside compared to the last close of $12.52.
- Sinclair delivers a forward dividend yield of 7.97% with 17 consecutive years of payments.
Bear case
- Total debt of $4.19B substantially exceeds shareholders' equity of $380.0M, resulting in a debt-to-equity ratio of 11.03.
- The 5-year revenue CAGR from FY2020 to FY2025 was -11.8%, reflecting longer-term top-line contraction.
- The dividend payout ratio is elevated at 135.3%, exceeding trailing net earnings.
What Sinclair Broadcast does
Sinclair Broadcast Group, Inc. operates as a media company in the United States through Broadcast and Local Sports segments. In the Broadcast segment, it delivers free over-the-air television programming including network shows, local news, sports, and syndicated entertainment. As of the end of 2021, Sinclair owned, operated, and serviced 185 stations and 634 channels across 86 markets. Its Local Sports segment operates regional sports networks covering 45 professional sports teams. Sinclair also owns and manages Tennis Channel, operates multicast and digital networks such as Comet, CHARGE!, TBD, Stadium, STIRR, and NewsON, and invests in technical services.
Growth and profitability
Sinclair posted a 5-year revenue CAGR of -11.8% from FY2020 to FY2025. Annual revenue decreased from $6.13B in FY2021 to $3.17B in FY2025, when revenue fell 10.7% and net income was -$112.0M. Operating performance has varied significantly across cycles, with net income reaching $2.65B in FY2022, -$291.0M in FY2023, and $310.0M in FY2024. For the latest quarter ending June 30, 2026, quarterly revenue rose 7.1% year-over-year, while quarterly earnings fell 40.8%. Over the trailing twelve months, revenue totaled $3.26B, yielding an operating margin of 6.6% and a net profit margin of 1.6%.
Balance sheet and cash flow
As of June 30, 2026, Sinclair held $604.0M in cash and short-term investments and total debt of $4.19B, resulting in net debt of $3.59B. Shareholders' equity was $380.0M, producing a debt-to-equity ratio of 11.03. Total assets stood at $5.48B, with a current ratio of 1.94. In FY2025, operating cash flow was $189.0M, capital expenditures were $74.0M, and free cash flow reached $115.0M. Financing outflows included $69.0M in dividends paid, while the 5-year share count change was -3.8%.
Valuation and performance
SBGI trades at a trailing P/E of 16.3x, in line with the 16.2x median of its US-listed Communication Services peers. Its forward P/E of 32.1x is higher than the peer median of 14.1x, while its EV/EBITDA of 7.3x sits below the peer median of 10.0x. The company's price-to-sales multiple is 0.3x, compared to 0.8x for peers. Over the past year, SBGI gained 5.2%, trailing the S&P 500 (SPY) return of 16.8%. Over 5 years, the stock fell 37.0% compared to an 83.0% gain for SPY.
SBGI dividend
Sinclair pays a quarterly dividend of $1.00 annually on a forward basis, translating to a dividend yield of 7.97%. The company has paid dividends for 17 consecutive years, with an annualized 5-year dividend growth rate of 4.6%. The payout ratio stands at 135.3%, and the most recent ex-dividend date was August 31, 2026.
What analysts expect
Wall Street analysts maintain 2 Strong Buy, 0 Buy, 3 Hold, 1 Sell, and 1 Strong Sell ratings on Sinclair. The mean price target is $17.57, representing 40.3% upside above the last close of $12.52. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $0.40 on revenue of $3.52B. For the subsequent fiscal year, 2 analysts expect an EPS of -$1.97 and revenue of $3.20B. Sinclair beat EPS estimates in 3 of the last 4 quarters, with the next earnings release scheduled for November 4, 2026.
Key risks and what to watch
- Net debt of $3.59B creates ongoing balance sheet pressure relative to FY2025 free cash flow of $115.0M.
- Analysts project next fiscal year EPS of -$1.97, reflecting expected bottom-line losses.
- Short interest is notable, with short percent of float standing at 28.4%.
- Quarterly earnings fell 40.8% in the latest quarter, highlighting near-term profitability volatility.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SBGI AI stock analysis
This page is an AI-written research summary of Sinclair Broadcast Group, Inc (SBGI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SBGI income statement, SBGI balance sheet, SBGI key metrics, SBGI analyst forecast, SBGI chart. See the SBGI stock overview for the latest quote and news.
SBGI AI stock analysis FAQ
What is Sinclair's dividend yield and payout schedule?
Sinclair pays a quarterly dividend with an annual forward amount of $1.00 per share, offering a dividend yield of 7.97%. The company has paid dividends for 17 consecutive years, and its payout ratio is 135.3%.
How much debt does Sinclair carry?
As of June 30, 2026, Sinclair had $4.19B in total debt and $604.0M in cash and short-term investments, resulting in net debt of $3.59B and a debt-to-equity ratio of 11.03.
What are analysts forecasting for Sinclair's revenue and earnings?
For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.40 and revenue of $3.52B. For the following fiscal year, estimates project EPS of -$1.97 on revenue of $3.20B.
When is Sinclair's next earnings report?
Sinclair Broadcast Group is scheduled to report its next earnings on November 4, 2026.