SBGI
Sinclair, Inc.
SBGI offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
VZ
Verizon Communications Inc.
VZ has the edge over SBGI overall, supported by stronger valuation and lower modeled downside.
SBGI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Weak |
SBGI's revenue, profitability and cash flow are currently healthy, but its balance sheet is weak.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
SBGI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.7x | $0.96 | -93% |
| Fair | 7.3x | $10.58 | -27% |
| Current | 10x | $14.58 | — |
| Expensive | 15x | $22.12 | +52% |
| Forward | 37x | $14.58 | — |
Historical ranges are pointers, not guarantees.
SBGI's PE is in its fair range at 10x. On analysts' estimates for next year's earnings, today's price would be 37x, in its expensive range.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ has the edge over SBGI in the historical PE scenario, which offers more potential upside but is not a forecast.
SBGI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SBGI to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
VZ has the edge over SBGI on the outlook, with more favorable valuation expectations.
SBGI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.39 | -73% |
| Q3 2026 | $1.44 | +$2.03 |
| Q2 2026 | $0.82 | -4.7% |
| Q1 2026 | $0.97 | -52% |
| Q4 2025 | -$1.61 | -134% |
| Q3 2025 | -$0.59 | +$2.74 |
| Q2 2025 | $0.86 | +$6.36 |
| Q1 2025 | $2.04 | +$9.19 |
| Q4 2024 | $4.69 | +$9.54 |
SBGI has the edge over VZ on earnings, with more consistent year-over-year improvement.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ's earnings per share have fallen from their peak: $3.93 over the past year, against $5.34 in late 2021.
SBGI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $893M | +16% |
| Q2 2026 | $840M | +7.1% |
| Q1 2026 | $807M | +4% |
| Q4 2025 | $836M | -17% |
| Q3 2025 | $773M | -16% |
| Q2 2025 | $784M | -5.4% |
| Q1 2025 | $776M | -2.8% |
| Q4 2024 | $1B | +22% |
SBGI's revenue is recovering but still below its 2019 peak: $893M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +7.5 points |
| Q2 2026 | 6% | +3.3 points |
| Q1 2026 | 3.4% | +1.6 points |
| Q4 2025 | 9.6% | -17 points |
| Q3 2025 | 7.5% | -12 points |
| Q2 2025 | 2.7% | -5 points |
| Q1 2025 | 1.8% | -3.5 points |
| Q4 2024 | 26% | +73 points |
SBGI's operating margin was 15% last quarter, up 7.5 points from the same quarter a year ago.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ has the edge over SBGI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ has the edge over SBGI on profitability, with a higher operating margin.
SBGI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109M | +$167M |
| Q2 2026 | $46M | -56% |
| Q1 2026 | $28M | +$39M |
| Q4 2025 | $79M | -55% |
| Q3 2025 | -$58M | -130% |
| Q2 2025 | $105M | +$434M |
| Q1 2025 | -$11M | +$14M |
| Q4 2024 | $175M | +150% |
SBGI still generates free cash flow, though less than at its 2020 peak: $262M over the past year.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ has the edge over SBGI on cash flow, with more consistent year-over-year improvement.
SBGI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +305K shares |
| 1 year | +4% | +2.8M shares |
| 3 years | +14% | +9.1M shares |
| 5 years | -4% | -3.1M shares |
| Available history | -22% | -20.5M shares |
SBGI has 72M diluted shares, up 4% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q1 2023 | $53M |
| Q4 2022 | $6M |
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has the edge over SBGI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
SBGI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.1x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.1x | High |
| Q4 2025 | 8.3x | High |
| Q3 2025 | 5.9x | High |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 4.3x | High |
SBGI's net debt is about 6.1 years of its operating earnings (EBITDA), about the same as a year ago.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ has the edge over SBGI on leverage, with a lower net debt burden relative to earnings.
SBGI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 43.1 | Neutral |
SBGI's weekly RSI is 57 (neutral) and its Stochastic is 43 (neutral).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
SBGI PE vs Communication Services Sector
| Metric | SBGI | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 16x | 39% below |
| PE % | 54 | 26 | 28 pts above |
SBGI has the edge over VZ on valuation relative to its sector.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ is trading at 12x earnings, a 28% discount to the Communication Services sector's median of 16x.
SBGI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.0 | 12% above |
| 20 week MA | $13.7 | 6.7% above |
| 50 week MA | $14.2 | 2.4% above |
| 100 week MA | $14.4 | 1.1% above |
| 200 week MA | $14.5 | 0.6% above |
SBGI has climbed back above all five of its weekly moving averages, and it's now 0.6% above its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ is in an uptrend: it's above all five of its weekly moving averages, and 12% above its 200-week average.
SBGI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.7 | $31.3 | -7.2% |
| 2021 | $31.3 | $26.6 | -15% |
| 2022 | $26.6 | $15.3 | -42% |
| 2023 | $15.3 | $13.0 | -15% |
| 2024 | $13.0 | $15.8 | +21% |
| 2025 | $15.8 | $15.3 | -3.5% |
| 2026 YTD | $15.3 | $14.6 | -4.5% |
SBGI has finished lower in five of the last six years. It's down 4.5% so far in 2026.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has the edge over SBGI on returns for 2026, with the stronger performance.