Reading SBGI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track SBGI free→Reading SBGI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track SBGI free→NASDAQCommunication ServicesBroadcastingSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong, but earnings quality is neutral and management's recent track record has been fairly steady. The sector backdrop is a headwind, and risk is moderate, while SBGI trades above typical for sector peers. Peer multiples imply a price about 42% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile. Key factors to watch include guidance changes and sector trends, particularly how bellwethers perform. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 5 valuation methods, at three horizons. Current price $13.76. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $13 SBGI trades at 24× p/e — 2.0× the 12× p/e peer median. The market is re-rating it beyond its own range; our $23 fair value is low-confidence here. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 42% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated strong grew net income 63% of the time over the next year (vs 52% for the rest of the cohort, n=701).
Over the trailing year it converted 2.95x of net income into operating cash flow. Historically, Communication Services names rated neutral grew net income 54% of the time over the next year (vs 48% for the rest of the cohort, n=690).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.22 → $-0.30 (-38.6% / 30d). 0 raised, 1 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 29% of analysts rate Buy.
Divergence: fundamentals are strong but estimates are being cut. Worth reading the recent material events.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$122.
How much price usually moves either way.
On a bad day, this stock has moved -$375.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,370.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: This report will show how Sinclair is doing financially and operationally. It is important for looking at future chances.
Confirms one read:Earnings report shows improved metrics, such as revenue and profit margins.
Confirms the other:The earnings report shows more drops in revenue or bigger losses.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for SBGI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
shall be deemed to be furnished and not filed. Exhibit No. Description 99.1 Press Release (dated April 30 , 2026). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SINCLAIR, INC. SINCLAIR BROADCAST GROUP, LLC By: /s/ David R. Bochenek Name: David R. Bochenek Title: Senio…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Broadcasting.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
SBGI Sinclair, Inc. | Above typical Show detailsSector percentile: 90 of 100 | inexpensive | moderate |
WBD Warner Bros. Discovery | Below typical Show detailsSector percentile: 28 of 100 | expensive | moderate |
FOXA Fox Corporation (Class A) | Above typical Show detailsSector percentile: 82 of 100 | fair | moderate |
FOX Fox Corporation (Class B) | Above typical Show detailsSector percentile: 90 of 100 | inexpensive | moderate |
NXST Nexstar Media Group | Above typical Show detailsSector percentile: 99 of 100 | fair | moderate |
4 material management or governance events in the past 24 months, led by executive changes. Historically, Communication Services names rated neutral grew net income 53% of the time over the next year (vs 63% for the rest of the cohort, n=271).
Not investment advice. As of 2026-06-16.
via XLC
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Sinclair, Inc. aims to achieve revenue between $3.4 billion and $3.54 billion for the fiscal year 2026.
Sinclair, Inc. plans to spend between $75 million and $80 million on capital expenditures in 2026.
Sinclair, Inc. has reaffirmed its full year financial guidance for 2026.
Why it matters: If revenue grows, it may show the sector is recovering. This could boost investor confidence in Sinclair.
Confirms:Q2 2026 revenue growth reported above 0% year over year.
Disproves:Q2 2026 revenue growth reported below 0% year over year.
shall be deemed to be furnished and not filed. Exhibit No. Description 99.1 Press Release (dated February 25, 2026). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SINCLAIR, INC. SINCLAIR BROADCAST GROUP, LLC By: /s/ David R. Bochenek Name: David R. Bochenek Title: Sen…
shall be deemed to be furnished and not filed. Exhibit No. Description 99.1 Press Release (dated November 5, 2025). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SINCLAIR, INC. SINCLAIR BROADCAST GROUP, LLC By: /s/ David R. Bochenek Name: David R. Bochenek Title: Seni…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Pursuant to a previously announced Chief Financial Officer transition plan, on July 7, 2025, Sinclair, Inc. ("Sinclair" or the "Company") announced that, effective such date, Lucy Rutishauser would step down as the Company’s Chief Financial Officer and continue as Executive Vice President to support the transition of Narinder Sahai, as the Company’…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 19, 2025, Sinclair Television Group, Inc. ("STG"), a subsidiary of Sinclair, Inc. ("Sinclair" or the "Company"), entered into Amendment Number Two (the "Amendment") to the Amended and Restated Employment Agreement dated January 16, 2020 and effective as of January 1, 2020 (as previously amended by that certain Amendment Number One date…