SBGI
Sinclair, Inc.
NasdaqGSUSDEQUITY
Communication Services
DELAYED
Last price
14.41
▲ 0.06 (0.42%)
MARKET · —
Price
Open
14.35
Prev close
14.35
Day high
14.54
Day low
14.30
Volume
493.27K
Market cap
$1.04B
P/E (TTM)
18.24
52W range
12.46 – 17.88
Trailing performance
Returnvs SPY
1W
-2.90%
-1.5%
1M
+7.78%
+4.0%
3M
+5.80%
+2.7%
6M
-1.30%
-12.4%
YTD
-5.82%
-18.1%
1Y
+4.88%
-15.1%
3Y
+5.18%
-69.0%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$1.04B
Enterprise value$4.55B
Revenue (TTM)$3.26B
Gross profit$1.48B
EBITDA$478.00M
Net income$52.00M
EPS (TTM)$0.79
Free cash flow$237.88M
Total cash$604.00M
Total debt$4.19B
Book value / share$5.26
Shares outstanding48.41M
Float39.14M
Short % of float32.01%
Dividend yield6.94%
Beta (5Y)1.04
Valuation & profitability ratios
Trailing P/E18.24
Forward P/E-7.33
PEG ratio0.37
Price / sales—
Price / book2.74
EV / revenue1.40
EV / EBITDA9.53
Gross margin45.42%
Operating margin6.55%
Profit margin1.60%
Return on equity20.44%
Return on assets2.43%
Debt / equity1,378.95
Current ratio1.94
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $3.17B | $3.55B | $3.13B | $3.93B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$112.00M | $310.00M | -$291.00M | $2.65B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$112.00M | $310.00M | -$291.00M | $2.65B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.31 | -1.61 | -427.1% |
| Mar 2026 | -0.72 | 1.69 | +337.0% |
| Dec 2025 | -0.60 | 0.13 | +121.5% |
| Sep 2025 | -1.25 | -0.73 | +41.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.05 | 1 | $874.50M | +13.1% |
| Next quarter | 1.09 | 1 | $998.09M | +19.4% |
| Current year | 0.40 | 2 | $3.52B | +11.0% |
| Next year | -1.78 | 3 | $3.20B | -8.9% |
Analyst targets & ownership
Mean target$17.43
High target$30.00
Low target$12.00
Implied upside20.95%
Analyst count7
ConsensusHOLD
Strong buy / Buy0 / 2
Hold3
Sell / Strong sell1 / 1
Held by insiders14.22%
Held by institutions67.67%
Institutions holding247
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+1.17M
Net buying
Buy transactions
17
1.35M shares
Sell transactions
7
178.59K shares
Net transactions
+24
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
10.29M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 10, 26 | GIBBER DAVID B. Officer |
SELL | 29.25K | $401.91K | Direct |
| Jul 2, 26 | KEITH DANIEL C Director |
SELL | 17.00K | $255.34K | Indirect |
| Jun 4, 26 | SMITH ROBERT E Director and Beneficial Owner of more than 10% of a Class of Security |
STOCK | 17.09K | $0 | Direct |
| Jun 4, 26 | CARSON BENJAMIN S SR Director |
STOCK | 17.09K | $0 | Direct |
| Jun 4, 26 | BEYER LAURIE R. Director |
STOCK | 17.09K | $0 | Direct |
| Jun 4, 26 | KEITH DANIEL C Director |
STOCK | 17.09K | $0 | Indirect |
| Jun 4, 26 | FRIEDMAN HOWARD E Director |
STOCK | 17.09K | $0 | Direct |
| Jun 4, 26 | LEGG BENSON EVERETT Director |
STOCK | 17.09K | $0 | Direct |
| May 4, 26 | LEGG BENSON EVERETT Director |
SELL | 31.50K | $459.90K | Direct |
| May 4, 26 | LEGG BENSON EVERETT Director |
SELL | 31.50K | $459.90K | Direct |
| Apr 2, 26 | KEITH DANIEL C Director |
SELL | 42.00K | $550.32K | Indirect |
| Mar 11, 26 | WEISBORD ROBERT D. Officer |
SELL | 13.67K | $208.30K | Direct |
| Mar 11, 26 | WEISBORD ROBERT D. Officer |
SELL | 13.67K | $208.30K | Direct |
| Mar 6, 26 | BRAY JUSTIN LEROY Officer and Treasurer |
STOCK | 2.65K | $41.37K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BEYER LAURIE R. |
Director | 84.21K | Stock Award(Grant) |
FRIEDMAN HOWARD E |
Director | 94.78K | Stock Award(Grant) |
GIBBER DAVID B. |
Officer | 184.24K | Sale |
RIPLEY CHRISTOPHER S |
Chief Executive Officer | 975.09K | Stock Award(Grant) |
RUTISHAUSER LUCY A |
Chief Financial Officer | 170.07K | Stock Award(Grant) |
SMITH DAVID DONNAN |
Officer, Director and Beneficial Owner | 526.57K | Stock Award(Grant) |
SMITH FREDERICK G |
Officer, Director and Beneficial Owner | 489.00K | Stock Gift |
SMITH JASON RYAN |
Officer | 335.22K | Stock Award(Grant) |
SMITH ROBERT E |
Director and Beneficial Owner of more than 10% of a Class of Security | 114.81K | Stock Award(Grant) |
WEISBORD ROBERT D. |
Officer | 280.85K | Sale |
Moving averages & technicals
SMA 10
14.24
+1.21% from price
SMA 20
14.12
+2.02% from price
SMA 50
14.10
+2.22% from price
SMA 100
14.30
+0.74% from price
SMA 200
14.65
-1.63% from price
EMA 12
14.28
+0.89% from price
EMA 26
14.18
+1.64% from price
EMA 50
14.16
+1.77% from price
RSI (14)
53.1
Neutral
MACD (12,26,9)
0.10
Hist 0.05
ATR (14)
0.68
4.69% of price
Realised vol 30D
41.0%
Annualised
Bollinger upper
14.84
20, 2σ
Bollinger lower
13.41
20, 2σ
50 / 200 cross
Death
14.10 vs 14.65
Trend bias
Below 200
-1.63%
Risk profile
Beta vs SPY
0.31
Less volatile than market
Correlation to SPY
0.09
Largely independent
Realised vol 30D
41.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-23.9%
Peak to trough
Max drawdown 5Y
-70.4%
Peak to trough
ATR 14
0.68
4.69% of price
Beta (reported)
1.04
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.68
Call-heavy session
Put / call open interest
1.46
Positioning, not flow
Max pain
15.00
+4.1% from spot
ATM implied vol
36.9%
Nearest strike to spot
Skew (10% OTM)
+35.4%
Puts bid over calls
Call volume
34
Contracts, this expiry
Put volume
23
Contracts, this expiry
Heaviest call OI
17.50
365 contracts
Heaviest put OI
12.50
457 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
1 Cash-Producing Stock to Consider Right Now and 2 Facing Challenges
StockStory · 1d ago
2 Stocks Under $50 on Our Watchlist and 1 That Underwhelm
StockStory · 6d ago
Sinclair Commends Removal of Artificial Limits on Local Broadcasters
GlobeNewswire · 16d ago
Sinclair Inc (SBGI) (Q2 2026) Earnings Call Highlights: Political Ad Surge Drives 45% EBITDA ...
GuruFocus.com · 17d ago
Sinclair Q2 Earnings Call Highlights
MarketBeat · 17d ago
Sinclair (SBGI) Reports Q2 Loss, Tops Revenue Estimates
Zacks · 17d ago
Sinclair’s (NASDAQ:SBGI) Q2 CY2026 Earnings Results: Revenue In Line With Expectations
StockStory · 17d ago
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
GlobeNewswire · 17d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.