Friday, March 1, 2019

Sinclair Broadcast Group Inc (SBGI) Files 10-K for the Fiscal Year Ended on December 31, 2018

Sinclair Broadcast Group Inc (NASDAQ:SBGI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sinclair Broadcast Group Inc is a diversified television broadcasting company that owns and operates, programs or provides sales services to television stations. The company owns a multicast network, four radio stations and a cable network. Sinclair Broadcast Group Inc has a market cap of $3.47 billion; its shares were traded at around $36.72 with a P/E ratio of 10.78 and P/S ratio of 1.27. The dividend yield of Sinclair Broadcast Group Inc stocks is 2.02%. Sinclair Broadcast Group Inc had annual average EBITDA growth of 16.70% over the past five years.

For the last quarter Sinclair Broadcast Group Inc reported a revenue of $893.3 million, compared with the revenue of $810.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.1 billion, an increase of 11.7% from last year. For the last five years Sinclair Broadcast Group Inc had an average revenue growth rate of 16.1% a year.

The reported diluted earnings per share was $3.35 for the year, a decline of 41.4% from the previous year. Over the last five years Sinclair Broadcast Group Inc had an EPS growth rate of 35.3% a year. The Sinclair Broadcast Group Inc enjoyed an operating margin of 23.58%, compared with the operating margin of 21% a year before. The 10-year historical median operating margin of Sinclair Broadcast Group Inc is 27.51%. The profitability rank of the company is 8 (out of 10).

At the current stock price of $36.72, Sinclair Broadcast Group Inc is traded at 14.4% premium to its historical median P/S valuation band of $32.09. The P/S ratio of the stock is 1.27, while the historical median P/S ratio is 1.11. The stock gained 8.99% during the past 12 months.

Directors and Officers Recent Trades:

Exec. VP & General Counsel Barry Faber sold 16,882 shares of SBGI stock on 02/28/2019 at the average price of $34.78. The price of the stock has increased by 5.58% since.

For the complete 20-year historical financial data of SBGI, click here.

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