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Sinclair, Inc. (SBGI)

Communication Services | Broadcasting | Hunt Valley, United States | NasdaqGS
14.25 USD +0.01 (0.070%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★☆☆☆Dividends:★⯪☆☆☆
Hot Take | July 11, 2026, 3:52 a.m. EDT

Sinclair presents a classic 'value trap' scenario where a high dividend yield masks deteriorating operational reality. While the stock offers a 6.88% yield, the payout ratio of 103% indicates the company is paying out more than it earns, eroding capital rather than distributing sustainable income. The balance sheet is fragile, with debt-to-equity exceeding 1,150x and negative forward earnings, suggesting the current dividend is likely unsustainable in the long run. The long-term outlook is bearish due to a decade-long structural decline; despite a recent uptick, the stock is down nearly 51% from its peak nine years ago, reflecting a persistent failure to generate value. The recent price bounce appears to be a technical relief rally rather than a fundamental reversal, especially given the weak statistical forecast signal. However, the short-term picture is nuanced. The options market is telling a conflicting story: traders are buying insurance for the immediate future (heavy puts in July) but are aggressively betting on a significant surge later in the year (heavy long-dated calls). This suggests a potential catalyst or volatility event is priced in for late 2026. Until the payout ratio is normalized and the debt burden is addressed, this remains a speculative play on volatility rather than a sound investment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.041248
MSTL_1150.066202
MSTL_63_1150.066267
MSTL_630.075308
AutoTheta0.076661
MSTL0.079333
AutoETS0.085402

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 46%
H-stat 0.75
Ljung-Box p 0.000
Jarque-Bera p 0.145
Excess Kurtosis -0.58
Attribute Value
Sector Communication Services
Ex Dividend Date 2026-05-25
Last Dividend Date 2026-05-25
Debt to Equity Ratio 1151.531
Revenue per Share 45.788
Market Cap 1,028,359,552
Trailing P/E 14.69
Forward P/E -8.24
Beta 1.03
Profit Margins 2.00%
Previous Name Sinclair Broadcast Group, Inc.
Website https://sbgi.net

As of July 11, 2026, 3:52 a.m. EDT: Options activity reveals a distinct divergence between near-term hedging and medium-term speculation. For the July expiration, put volume and open interest significantly exceed call volume, indicating active protection against a drop below the $12.50 strike. However, looking further out to December, the dynamic flips entirely: massive open interest accumulates at deep out-of-the-money strikes ($22.50, $25.00) alongside significant volume in calls, while put activity shifts toward lower strikes ($10.00). This structure suggests speculators are positioning for a volatile recovery or a gap-up event in the latter half of the year, rather than a sustained bear case.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.82% 6.93% 7.17% 6.13%
Dividend History
Date Dividend Yield %
2026-05-26 0.250 1.822157
2026-03-10 0.250 1.748252
2025-12-01 0.250 1.635056
2025-08-29 0.250 1.727712
2025-05-30 0.250 1.781896
2025-03-10 0.250 1.811594
2024-12-02 0.250 1.398993
2024-08-30 0.250 1.795977
2024-06-03 0.250 1.830161
2024-03-08 0.250 1.995212
2023-11-30 0.250 1.982554
2023-08-31 0.250 1.980983
2023-05-26 0.250 1.582278
2023-03-02 0.250 1.632920
2022-11-30 0.250 1.346983
2022-08-31 0.250 1.131734
2022-05-31 0.250 1.031779
2022-03-04 0.250 0.883392
2021-11-30 0.200 0.857265
2021-08-31 0.200 0.666445
2021-05-28 0.200 0.593648
2021-03-09 0.200 0.536913
2020-11-30 0.200 0.733676
2020-08-31 0.200 0.961076
2020-05-29 0.200 1.070091
2020-03-06 0.200 0.913659
2019-11-27 0.200 0.569801
2019-08-29 0.200 0.451977
2019-05-30 0.200 0.360425
2019-03-08 0.200 0.543183
2018-11-29 0.200 0.640205
2018-08-30 0.180 0.637168
2018-05-31 0.180 0.656934
2018-03-08 0.180 0.542986
2017-11-30 0.180 0.528634
2017-08-30 0.180 0.572337
2017-05-30 0.180 0.549618
2017-02-27 0.180 0.450563
2016-11-29 0.180 0.556414
2016-08-30 0.180 0.629151
2016-05-27 0.180 0.573797
2016-03-03 0.165 0.512422
2015-11-27 0.165 0.462833
2015-08-28 0.165 0.624054
2015-05-28 0.165 0.546720
2015-02-25 0.165 0.586771
2014-11-26 0.165 0.557998
2014-08-27 0.165 0.563717
2014-05-28 0.150 0.494397
2014-02-26 0.150 0.534188
2013-11-26 0.150 0.458435
2013-08-28 0.150 0.624740
2013-05-29 0.150 0.552283
2013-02-27 0.150 1.042391
2012-11-28 1.000 9.250693
2012-08-29 0.150 1.291990
2012-05-30 0.120 1.479655
2012-02-28 0.120 1.020408
2011-11-29 0.120 1.234568
2011-08-30 0.120 1.548387
2011-05-27 0.120 1.267159
2011-02-25 0.120 0.930954
2010-11-29 0.430 5.388471
2008-12-29 0.200 6.993007
2008-09-29 0.200 4.032258
2008-06-27 0.200 2.614379
2008-03-28 0.200 2.232143
2007-12-27 0.175 2.066116
2007-09-27 0.150 1.222494
2007-06-27 0.150 1.054111
2007-03-28 0.150 0.964630
2006-12-27 0.125 1.146789
2006-09-27 0.125 1.547030
2006-06-28 0.100 1.218027
2006-03-29 0.100 1.285347
2005-12-28 0.100 1.085776
2005-09-28 0.075 0.845547
2005-06-29 0.075 0.823271
2005-03-30 0.050 0.625000
2004-12-29 0.025 0.276549
2004-09-29 0.025 0.340599
2004-06-29 0.025 0.236742
Additional Data
dividendRate 1.0
dividendYield 7.02
exDividendDate 2026-05-26
trailingAnnualDividendRate 1.0
trailingAnnualDividendYield 0.07022472
lastDividendValue 0.25
lastDividendDate 2026-05-26
dividendDate 2026-06-09

Info Dump

Attribute Value
52 Week Change -0.052526593
Address1 10,706 Beaver Dam Road
All Time High 66.57
All Time Low 0.85
Ask 16.53
Ask Size 1
Audit Risk 2
Average Daily Volume10 Day 627,340
Average Daily Volume3 Month 512,022
Average Volume 512,022
Average Volume10Days 627,340
Beta 1.029
Bid 12.38
Bid Size 1
Board Risk 10
Book Value 6.485
City Hunt Valley
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.25
Current Ratio 2.423
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 14.64
Day Low 14.24
Debt To Equity 1,151.531
Display Name Sinclair
Dividend Date 1,780,963,200
Dividend Rate 1.0
Dividend Yield 7.02
Earnings Call Timestamp End 1,785,960,000
Earnings Call Timestamp Start 1,785,960,000
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda 428,000,000
Ebitda Margins 0.13375
Enterprise To Ebitda 10.802
Enterprise To Revenue 1.445
Enterprise Value 4,623,359,488
Eps Current Year 1.28333
Eps Forward -1.73
Eps Trailing Twelve Months 0.97
Esg Populated 0
Ex Dividend Date 1,779,753,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 410 568 1691
Fifty Day Average 14.1534
Fifty Day Average Change 0.09659958
Fifty Day Average Change Percent 0.0068251854
Fifty Two Week Change Percent -5.2526593
Fifty Two Week High 17.88
Fifty Two Week High Change -3.6299992
Fifty Two Week High Change Percent -0.2030201
Fifty Two Week Low 11.89
Fifty Two Week Low Change 2.3599997
Fifty Two Week Low Change Percent 0.19848609
Fifty Two Week Range 11.89 - 17.88
Financial Currency USD
First Trade Date Milliseconds 802,531,800,000
Five Year Avg Dividend Yield 5.88
Float Shares 38,957,146
Forward Eps -1.73
Forward P E -8.236994
Free Cashflow 238,000,000
Full Exchange Name NasdaqGS
Full Time Employees 7,100
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.44625
Gross Profits 1,428,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.14267999
Held Percent Institutions 0.64301
Implied Shares Outstanding 72,165,581
Industry Broadcasting
Industry Disp Broadcasting
Industry Key broadcasting
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,779,753,600
Last Dividend Value 0.25
Last Fiscal Year End 1,767,139,200
Last Split Date 896,400,000
Last Split Factor 2:1
Long Business Summary 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. This segment operates The Nest, a free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; The National News Desk, a news program; and Full Measure with Sharyl Attkisson, an investigative and political analysis program, as well as podcasts related to soccer and sports programming. Its Tennis segment offers Tennis Channel, a cable network that includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International and Tennis Channel streaming services; Tennischannel 2, a 24-hours a day free ad-supported streaming television channel; Tennis.com; and FAST Channel Pickleballtv. The company also provides non-broadcast digital and internet solutions; and technical sales and services, including the design and manufacture of broadcast systems. In addition, it owns various investments in non-media related companies. The company distributes its content through its broadcast platform and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, sports, and other original programming. The company was founded in 1971 and is headquartered in Hunt Valley, Maryland.
Long Name Sinclair, Inc.
Market us_market
Market Cap 1,028,359,552
Market State PRE
Max Age 86,400
Message Board Id finmb_526950
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common 64,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,028,359,529
Number Of Analyst Opinions 7
Open 14.4
Operating Cashflow 227,000,000
Operating Margins 0.03346
Overall Risk 10
Payout Ratio 1.0309
Peg Ratio 0.37
Phone 410 568 1500
Prev Name Sinclair Broadcast Group, Inc.
Previous Close 14.24
Price Eps Current Year 11.103926
Price Hint 2
Price To Book 2.1973786
Price To Sales Trailing12 Months 0.32136235
Profit Margins 0.02
Quick Ratio 2.195
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0100002
Regular Market Change Percent 0.0702263
Regular Market Day High 14.64
Regular Market Day Low 14.24
Regular Market Day Range 14.24 - 14.64
Regular Market Open 14.4
Regular Market Previous Close 14.24
Regular Market Price 14.25
Regular Market Time 1,783,972,801
Regular Market Volume 493,790
Return On Assets 0.01904
Return On Equity 0.2
Revenue Growth 0.04
Revenue Per Share 45.788
Sand P52 Week Change 0.20365608
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 10
Shares Outstanding 48,410,345
Shares Percent Shares Out 0.058000002
Shares Short 4,183,830
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,632,354
Short Name Sinclair, Inc.
Short Percent Of Float 0.3118
Short Ratio 7.79
Source Interval 15
State MD
Symbol SBGI
Target High Price 30.0
Target Low Price 14.0
Target Mean Price 17.71429
Target Median Price 16.0
Total Cash 844,000,000
Total Cash Per Share 11.695
Total Debt 4,513,999,872
Total Revenue 3,200,000,000
Tradeable 0
Trailing Annual Dividend Rate 1.0
Trailing Annual Dividend Yield 0.07022472
Trailing Eps 0.97
Trailing P E 14.6907215
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 14.60265
Two Hundred Day Average Change -0.3526497
Two Hundred Day Average Change Percent -0.024149705
Type Disp Equity
Volume 493,790
Website https://sbgi.net
Zip 21,030