Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $5.90 and last traded at $5.90, with a volume of 104 shares traded. The stock had previously closed at $5.95.
Analysts Set New Price Targets
Separately, TheStreet lowered Gray Television from a "c-" rating to a "d+" rating in a report on Tuesday, March 12th.
View Our Latest Stock Report on Gray Television
Gray Television Trading Up 36.2 %
The firm has a market capitalization of $788.29 million, a price-to-earnings ratio of -5.83 and a beta of 1.30. The business has a 50-day moving average of $7.26 and a two-hundred day moving average of $8.03. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 3.12.
Gray Television (NYSE:GTN.A - Get Free Report) last released its quarterly earnings data on Friday, February 23rd. The company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.08). The company had revenue of $864.00 million for the quarter. Gray Television had a negative net margin of 2.32% and a negative return on equity of 3.76%.
Gray Television Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Thursday, March 14th. Gray Television's dividend payout ratio (DPR) is currently -23.02%.
About Gray Television
(
Get Free Report)
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.
See Also
Before you consider Gray Television, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gray Television wasn't on the list.
While Gray Television currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
