1 week ago - investorplace.com

If you are looking for stocks with the highest yields, look no further! First, I would make it clear that the stocks in this list are not necessarily the ones with the “highest yields.

1 week ago - businesswire.com

ARLINGTON, Va.--(BUSINESS WIRE)--Jerald “Jerry” Fritz, Executive Vice President for Strategic and Legal Affairs at ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., has announced his retirement. After an illustrious career spanning more than 55 years in and around the broadcast and communications industries, Fritz will step down on July 1. For the past decade, Fritz has been responsible for the long-term strategic planning and public policy for ONE Media, supporting the adoption and.

2 weeks ago - businesswire.com

MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Leading television stations serving the Myrtle Beach-Florence market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology. Today's launch includes WPDE-TV (ABC), WBTW (CBS), WHMC (ETV and SCETV PBS Kids 24/7) and WWMB (Dabl). Based on the same fundamental technology as the Internet and digital apps, NextGen TV can support a wide range of features that are currently in development. In addition to providing a new, improved.

3 weeks ago - businesswire.com

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (the “Company”) (Nasdaq: SBGI) announced that its stockholders elected the nominated nine Directors at the Company's Annual Stockholders' Meeting held yesterday. The elected Directors are Mr. David D. Smith, Executive Chairman, Chairman of the Board of the Company; Mr. Frederick G. Smith, Director and Vice President of the Company; Mr. J. Duncan Smith, Director, Vice President and Secretary of the Company; Mr. Robert E. Smith, Director; Ms. Laurie R. B.

4 weeks ago - seekingalpha.com

Sinclair is a diversified media company with a complex structure and a market capitalization of $831 million. The company's Local Media segment, which includes broadcast television stations, has seen a decline in revenue and profits. The Tennis segment, which includes Tennis Channel, has shown some strength with an increase in revenue and subscribers.

1 month ago - prnewswire.com

CHATHAM, N.J. , June 3, 2024 /PRNewswire/ -- Chatham Asset Management, LLC ("Chatham"), a private investment firm that through certain of its affiliates is one of the largest creditors of Sinclair, Inc. ("Sinclair" or the "Company") (NASDAQ: SBGI), today sent a letter to Sinclair's President and Chief Executive Officer, Christopher S.

1 month ago - businesswire.com

BALTIMORE--(BUSINESS WIRE)--Sinclair is proud to announce 15 of its owned and/or operated content centers across the country have been honored with the prestigious RTDNA Regional Edward R. Murrow Award for Outstanding Journalism. In total, Sinclair brought home a collective 22 awards, a testament to the company's commitment to providing the best in local journalism. The Murrow Awards are sponsored by the Radio Television Digital News Association (RTDNA) and honor outstanding achievements in bro.

1 month ago - investorplace.com

As this month's Roaring Kitty meme wave has now come and gone, it's time to skip on names like AMC Entertainment (NYSE: AMC ), and look at far better entertainment stocks to buy for growth and value. Even as AMC stock has coughed back most of its gains from this short-lived meme rallies, shares in the movie theater chain remain at risk of experiencing additional sharp price declines.

1 month ago - businesswire.com

BALTIMORE--(BUSINESS WIRE)--Sinclair is pleased to announce it has been honored with 16 Telly Awards. The Telly Awards are a global competition honoring excellence in video and television content across all screens. "This honor underscores our commitment to delivering innovative and impactful content that resonates with audiences. We are immensely proud to celebrate the outstanding achievements of our talented teams," said Rob Weisbord, COO and President, Local Media. The following are the awar.

1 month ago - https://www.defenseworld.net

Kingsview Wealth Management LLC cut its stake in Sinclair, Inc. (NASDAQ:SBGI – Free Report) by 57.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,871 shares of the company’s stock after selling 114,012 shares during the period. Kingsview Wealth Management LLC owned approximately 0.13% of Sinclair worth $1,106,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in shares of Sinclair during the third quarter valued at about $31,000. Russell Investments Group Ltd. bought a new stake in shares of Sinclair during the fourth quarter valued at approximately $117,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Sinclair during the third quarter valued at approximately $113,000. Nisa Investment Advisors LLC raised its stake in shares of Sinclair by 29,122.2% in the third quarter. Nisa Investment Advisors LLC now owns 10,520 shares of the company’s stock valued at $118,000 after purchasing an additional 10,484 shares in the last quarter. Finally, Valley Forge Investment Consultants Inc. ADV bought a new position in Sinclair in the third quarter worth $120,000. 41.71% of the stock is currently owned by institutional investors and hedge funds. Sinclair Price Performance SBGI stock opened at $14.55 on Monday. The business has a fifty day moving average price of $12.93 and a 200 day moving average price of $13.72. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 15.29. Sinclair, Inc. has a fifty-two week low of $9.39 and a fifty-two week high of $17.58. Sinclair (NASDAQ:SBGI – Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.35. The company had revenue of $826.00 million during the quarter, compared to analyst estimates of $838.75 million. Sinclair had a negative return on equity of 2.65% and a negative net margin of 14.34%. The firm’s quarterly revenue was down 14.0% compared to the same quarter last year. During the same period last year, the company posted $0.90 earnings per share. On average, analysts anticipate that Sinclair, Inc. will post 3.08 earnings per share for the current year. Sinclair Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.87%. Sinclair’s payout ratio is -14.04%. Wall Street Analysts Forecast Growth SBGI has been the subject of a number of recent research reports. StockNews.com upgraded shares of Sinclair from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Wells Fargo & Company lifted their price objective on Sinclair from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, March 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Sinclair currently has an average rating of “Hold” and a consensus target price of $18.14. View Our Latest Research Report on Sinclair Insider Transactions at Sinclair In related news, CAO David R. Bochenek sold 20,803 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $13.44, for a total value of $279,592.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Daniel C. Keith sold 30,086 shares of Sinclair stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $13.58, for a total value of $408,567.88. Following the completion of the sale, the director now directly owns 30,000 shares in the company, valued at $407,400. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO David R. Bochenek sold 20,803 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $13.44, for a total transaction of $279,592.32. The disclosure for this sale can be found here. 46.60% of the stock is owned by company insiders. Sinclair Profile (Free Report) Sinclair, Inc, a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs.

1 month ago - fool.com

Top-line growth inched higher, and revenue was much better than expectations. CNBC reported the company could sell more than 60 of its TV stations.

1 month ago - cnbc.com

Sinclair is looking to sell a chunk of its 185 broadcast stations, according to people familiar with the matter.

1 month ago - seekingalpha.com

Sinclair, Inc. (NASDAQ:SBGI ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Chris King - Vice President-Investor Relations Chris Ripley - President & Chief Executive Officer Rob Weisbord - Chief Operating Officer & President-Local Media Lucy Rutishause - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Kurnos - The Benchmark Group Aaron Watts - Deutsche Bank Steven Cahall - Wells Fargo Barton Crockett - Rosenblatt David Hamburger - Morgan Stanley Benjamin Soff - Deutsche Bank Operator Good afternoon everyone and welcome to Sinclair's First Quarter 2024 earnings conference call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions after the presentation.

2 months ago - businesswire.com

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair is pleased to announce its television stations were honored with a total of four National Headliner Awards, including first place in the Investigative Reporting and Consumer Reporting categories. The National Headliner Awards, one of the oldest and largest journalism contests, recognizes the best journalistic merit in the United States. The following are the awards won by Sinclair: Broadcast or cable television stations investigative reporting: First.

2 months ago - businesswire.com

OKLAHOMA CITY--(BUSINESS WIRE)--Sinclair is proud to announce that Blaise Labbe will be inducted into the Oklahoma Journalism Hall of Fame. Labbe is currently a Group News Director for Sinclair Broadcast Group and oversees the news operations in 12 Sinclair markets across five states. The Oklahoma Journalism Hall of Fame honors outstanding journalists for their career accomplishments and it is considered the highest journalistic honor in the state. It recognizes Oklahoma natives or journalists.

2 months ago - businesswire.com

PORTLAND, Maine--(BUSINESS WIRE)--Five leading television stations serving the Portland Maine television market have begun broadcasting with NextGen TV, a revolutionary new digital broadcast technology. The launch includes WMTW (ABC), WGME-TV (CBS), WPFO (FOX), WMEA-TV (Maine Public) and WCBB (PBS). Based on the same fundamental technology as the Internet and digital apps, NextGen TV can support a wide range of features that are currently in development. In addition to providing a new, improved.

2 months ago - businesswire.com

HUNT VALLEY, Md.--(BUSINESS WIRE)--In honor of Earth Day, Sinclair, Inc. today published its 2023 Corporate Social Responsibility (CSR) report, detailing the Company's achievements and progress in its social responsibility journey. The Company's 2023 CSR report provides continued transparency to its stakeholders, as well as details on its sustainability practices, social responsibility, and corporate governance framework. Through the information disclosed in the report, the Company underscores.

2 months ago - 247wallst.com

8.47% $1,694 Total:    $10,012   Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored) Take the quiz below to get matched with a financial advisor today.

2 months ago - 247wallst.com

8.47% $1,694 Total:    $10,012   Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored) Take the quiz below to get matched with a financial advisor today.

2 months ago - businesswire.com

FALLS CHURCH, Va.--(BUSINESS WIRE)--The lecture is one of the scheduled events during AIHA Connect, AIHA's annual conference and expo for OEHS professionals.

2 months ago - businesswire.com

LAS VEGAS--(BUSINESS WIRE)--At the hotly anticipated NAB Show 2024, Futuri's CEO Daniel Anstandig, alongside co-presenter Ameca, the AI-powered humanoid, shared findings from the most comprehensive study ever conducted on AI's role in media. In collaboration with CMG Custom Research, a team that conducts audience research for high-performing television and radio stations, the study surveyed nearly 5,200 radio and TV news consumers across the United States, revealing powerful insights into audie.

2 months ago - businesswire.com

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced the launch of its “Broadspan” datacasting platform to enable data distribution capability across all current Sinclair NextGen Broadcast (ATSC 3.0) markets where it serves as the host station. Edgio, Inc., a leading content delivery network, will become the first commercial partner of the Broadspan datacasting platform. This marks an exciting step forward for broadcasters and consumers and begins to fulfill the promise of.

2 months ago - businesswire.com

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. today announced the company has joined the Entertainment ID Registry (EIDR) as a member of the Board of Directors. The company will be represented by Mike Palmer, Sinclair's AVP of Media Management, who will serve on EIDR's board as Sinclair's representative for a 1-year term. EIDR is a public registry that provides a unique identifier for audio-visual content, designed to provide a standard way of identifying and tracking works across the media.

2 months ago - businesswire.com

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its first quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, May 8, 2024, followed by a conference call to discuss the results at 4:30 p.m. ET. The call will be webcast live and can be accessed at www.sbgi.net under the subtitle "Investor Relations/Events and Presentations." The dial-in number for the earnings call is 888-506-0062, with entry code 195393. If you plan to participate on the conference call, please call.

2 months ago - businesswire.com

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audiences globally in their native languages. Sinclair will begin using AI for language translation beginning with “Petko Unfiltered,” a Tennis Channel series with network analyst Andrea Petkovic, a former WTA world #9 player. “Petko Unfiltered” provides an in-depth and unfiltered first-person perspecti.