Top 4 Undervalued Stocks to Watch in 2024
Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. To do so, we use a wide array of tools to try and analyze today's top undervalued stocks. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.
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| Open | 14.99 | Prev Close | 15.55 |
| High | 16.53 | Low | 14.99 |
| Volume | 636,642 | Volume (Avg) | 450,610 |
| 52 Week High | 39.60 | 52 Week Low | 11.63 |
| Market Cap | 2.8B | PE Ratio | 0.00 |
General
| Name | Sinclair Broadcast Group, Inc |
| Ticker | SBGI |
| Exchange | NASDAQ |
| Sector | Communication Services |
| Industry | Broadcasting |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 11,600 |
About Sinclair Broadcast Group, Inc
Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Broadcast and Local Sports. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through its local television stations. As of December 31, 2020, it owned, operated, and provided services to 188 stations in 88 markets, which broadcast 628 channels. The company also owns and operates various networks carried on distribution platforms; and Tennis Channel, a cable network that includes coverage of various tennis' top tournaments, and original professional sport and tennis lifestyle shows. In addition, it owns regional sports network, which has the exclusive rights to air games of 45 professional sports teams and other sporting events. Further, the company offers digital agency services; and provides technical services to the broadcast industry, as well as designs and manufactures broadcast systems, including transmitters and antennas. Additionally, it owns various non-media related investments, including private equity, mezzanine financing, and real estate investments. It also offers Tennis Magazine, a sport's print publication; and operates Tennis.com, an online tennis platform. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
Highlights
| Analyst Target | 30.71 |
| Market Cap | 2,770,169,344 |
| PEG Ratio | 0.89 |
| EBITDA | 2,138,499,968 |
Valuation
| Trailing PE | 4.11 |
| Forward PE | 3.72 |
| Price/Sales (Trailing 12 Mt.) | 0.52 |
| Price/Book (Most Recent Quarter) | 0.89 |
Technicals
| Beta | 1.63 |
| 52 Week High | 39.60 |
| 52 Week Low | 11.63 |
| 50 Day Average | 34.26 |
| 200 Day Average | 26.98 |
Dividend
Sinclair Broadcast Group, Inc pays out a dividend of $0.80 per share, with a dividend yield of 4.86%.
SBGI's last dividend payment was made to shareholders on March 24, 2021.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Mar 25, 2024 | $0.25 |
| Dec 15, 2023 | $0.25 |
| Sep 15, 2023 | $0.25 |
| Jun 15, 2023 | $0.25 |
| Mar 17, 2023 | $0.25 |
| Dec 15, 2022 | $0.25 |
| Sep 15, 2022 | $0.25 |
| Jun 15, 2022 | $0.25 |
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