SBGI

Sinclair Broadcast Group Inc.

TMT


Presented:12/12/2013
Price:$33.94
Cap:$3.40B
Current Price:$17.41
Cap:$1.16B

Presented

Date12/12/2013
Price$33.94
Market Cap$3.40B
Ent Value$5.65B
P/E Ratio12.53x
Book Value$3.89
Div Yield2.4%
Shares O/S100.20M
Ave Daily Vol1,550,000
Short Int5.17%

Current

Price$17.41
Market Cap$1.16B
Sinclair Broadcast Group, Inc., a television broadcasting company, owns or provides programming, operating, or sales services to television stations in the United States. It broadcasts free over-the-air programming, such as network provided programs, news produced locally, local sporting events, programming from program service arrangements, syndicated entertainment programs, and other locally produced programs. As of March 1, 2013, the company owned, provided programming and operating services pursuant to local marketing agreements, or provided sales services pursuant to outsourcing agreements to 86 television stations in 46 markets. It also offers sign design and fabrication services; security alarm monitoring services; and engages in real estate activities, such as investing in developmental land, and operating commercial real estate properties and apartments, as well as invests in private equity and structured debt/mezzanine financing investment funds. The company was founded in 1952 and is headquartered in Hunt Valley, Maryland.

Highlights

Shares of Sinclair Broadcast Group (SBGI) have been quite volatile over the past 6 months. The stock retreated from the low $30s to just under $25 over the summer and into late August, and have since rallied over 30%. The presenter believes shareholders could be rewarded with another 30% upside over the next six months for the following reasons:

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Idea Discussion

Commentor 1 - 2 weeks ago

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