Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $8.88, but opened at $9.16. Gray Television shares last traded at $9.30, with a volume of 4,429 shares trading hands.
Gray Television Trading Down 2.7%
The stock has a market capitalization of $967.70 million, a P/E ratio of 6.35 and a beta of 1.02. The firm's 50 day moving average price is $7.79 and its 200 day moving average price is $7.32. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13.
Gray Television (NYSE:GTN.A - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Friday, June 13th. Gray Television's dividend payout ratio is 13.85%.
About Gray Television
(
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Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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