Gray Television Company Profile (NYSE:GTN)

About Gray Television

Gray Television logoGray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in markets across the United States. The Company owns and/or operates television stations in approximately 50 television markets broadcasting over 180 separate programming streams, including approximately 40 affiliates of the CBS Network (CBS), over 30 affiliates of the NBC Network (NBC), approximately 20 affiliates of the ABC Network (ABC) and over 10 affiliates of the FOX Network (FOX). Along with primary broadcast channels, the Company can also broadcast secondary digital channels within a market. Its secondary digital channels are generally affiliated with networks different from those affiliated with its primary broadcast channels. It also broadcasts local news/weather channels in certain of its existing markets. Its television stations include WVLT and WBXX in Knoxville, Tennessee; WOWT in Omaha, Nebraska, and WDBJ in Roanoke-Lynchburg, Virginia.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting - TV
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: GTN
  • CUSIP:
Key Metrics:
  • Previous Close: $10.01
  • 50 Day Moving Average: $10.97
  • 200 Day Moving Average: $11.42
  • 52-Week Range: $9.15 - $17.70
  • Trailing P/E Ratio: 14.96
  • Foreward P/E Ratio: 13.17
  • P/E Growth: 1.09
  • Market Cap: $719.50M
  • Outstanding Shares: 71,878,000
  • Beta: 2.94
Profitability:
  • Net Margins: 6.98%
  • Return on Equity: 12.58%
  • Return on Assets: 2.32%
Debt:
  • Debt-to-Equity Ratio: 3.73%
  • Current Ratio: 5.37%
  • Quick Ratio: 5.37%
Additional Links:
Companies Related to Gray Television:

Analyst Ratings

Consensus Ratings for Gray Television (NYSE:GTN) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $20.67 (106.46% upside)

Analysts' Ratings History for Gray Television (NYSE:GTN)
Show:
DateFirmActionRatingPrice TargetDetails
9/26/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
2/29/2016Royal Bank Of CanadaLower Price TargetOutperform$20.00 -> $18.00View Rating Details
12/7/2015Singular ResearchInitiated CoverageBuy$22.00View Rating Details
11/18/2015StephensInitiated CoverageOverweight$22.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Gray Television (NYSE:GTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/4/2016Q216$0.25$0.25$196.25 million$196.60 millionViewListenView Earnings Details
5/9/2016Q116$0.10$0.18$178.05 million$173.70 millionViewListenView Earnings Details
2/26/2016Q415$0.20$0.21$163.33 million$169.50 millionViewListenView Earnings Details
11/3/2015Q315$0.13$0.18$145.65 million$151.10 millionViewListenView Earnings Details
8/5/2015Q215$0.13$0.17$142.53 million$143.50 millionViewListenView Earnings Details
5/5/2015Q115$0.05$0.10$130.27 million$133.30 millionViewListenView Earnings Details
3/5/2015Q414$0.54$0.53$171.00 million$177.90 millionViewListenView Earnings Details
11/5/2014Q314$0.25$0.24$129.80 million$131.70 millionViewListenView Earnings Details
8/7/2014Q214$0.12$0.03$103.40 million$107.20 millionViewListenView Earnings Details
5/8/2014Q114$0.01$0.02$91.60 million$91.30 millionViewListenView Earnings Details
3/11/2014Q413$0.10$0.07$84.70 million$95.60 millionViewListenView Earnings Details
11/7/2013Q313$0.12$0.12$88.20 million$88.30 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.09$0.09$85.17 million$84.30 millionViewListenView Earnings Details
5/2/2013Q1 2013($0.01)$0.02$76.55 million$78.17 millionViewListenView Earnings Details
2/20/2013Q4 2012$0.47($0.05)$124.68 million$126.60 millionViewListenView Earnings Details
10/31/2012$0.23$0.26ViewN/AView Earnings Details
8/3/2012$0.17$0.17ViewN/AView Earnings Details
5/2/2012$0.04ViewN/AView Earnings Details
2/24/2012$0.04$0.10ViewN/AView Earnings Details
11/4/2011($0.05)($0.07)ViewN/AView Earnings Details
8/8/2011$0.01$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gray Television (NYSE:GTN)
Current Year EPS Consensus Estimate: $1.43 EPS
Next Year EPS Consensus Estimate: $0.76 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.10$0.10$0.10
Q2 20161$0.25$0.25$0.25
Q3 20161$0.39$0.39$0.39
Q4 20161$0.74$0.74$0.74
Q1 20171$0.05$0.05$0.05
Q2 20171$0.20$0.20$0.20
Q3 20171$0.21$0.21$0.21
Q4 20171$0.34$0.34$0.34
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gray Television (NYSE:GTN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Gray Television (NYSE:GTN)
Insider Ownership Percentage: 11.77%
Institutional Ownership Percentage: 86.57%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/14/2015Hugh NortonDirectorSell7,500$17.12$128,400.00View SEC Filing  
9/9/2014Howell NewtonDirectorSell1,000$9.53$9,530.00View SEC Filing  
1/16/2014Howell NewtonDirectorSell3,000$12.25$36,750.00View SEC Filing  
12/10/2013Hilton H Howell JrCEOBuy1,000$10.69$10,690.00View SEC Filing  
12/3/2013Hilton H Howell JrCEOBuy1,000$10.04$10,040.00View SEC Filing  
11/27/2013Hilton H Howell JrCEOBuy5,800$10.61$61,538.00View SEC Filing  
8/2/2013J Mack RobinsonMajor ShareholderBuy492,212$8.00$3,937,696.00View SEC Filing  
6/20/2013Harriett J RobinsonDirectorBuy9,000$6.97$62,730.00View SEC Filing  
6/19/2013J Mack RobinsonMajor ShareholderBuy1,000$7.08$7,080.00View SEC Filing  
6/18/2013Harriett J RobinsonDirectorBuy15,000$6.94$104,100.00View SEC Filing  
5/8/2013T L ElderDirectorSell10,000$6.53$65,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Gray Television (NYSE:GTN)
DateHeadline
News IconAnalysts Valuations For Two Stocks: Bill Barrett Corporation (NYSE:BBG), Gray Television, Inc. (NYSE:GTN) - The Voice Registrar (NYSE:GTN)
voiceregistrar.com - September 28 at 10:13 AM
zacks.com logoNew Strong Sell Stocks for September 27th (NYSE:GTN)
www.zacks.com - September 27 at 9:55 AM
reuters.com logoSlowdown in U.S. political ad spending takes toll on broadcasters (NYSE:GTN)
in.reuters.com - September 26 at 5:27 PM
realistinvestor.com logoGray Television, Inc. (NYSE:GTN) Mean Price Target At $14 - RealistInvestor.com (NYSE:GTN)
www.realistinvestor.com - September 26 at 9:59 AM
News IconAnalysts Valuations For Two Stocks: Gray Television, Inc. (NYSE:GTN), Restoration Hardware Holdings Inc (NYSE:RH) - The Voice Registrar (NYSE:GTN)
voiceregistrar.com - September 22 at 5:25 PM
capitalcube.com logoGray Television, Inc. – Value Analysis (NYSE:GTN) : September 22, 2016 (NYSE:GTN)
www.capitalcube.com - September 22 at 5:25 PM
finance.yahoo.com logoOne-Screen Experience: Twitter To Live Stream Presidential Debates, While Competitors Lower Viewership Guidance (NYSE:GTN)
finance.yahoo.com - September 21 at 3:33 PM
News IconGray Addresses Political Guidance (NYSE:GTN)
www.broadwayworld.com - September 21 at 9:34 AM
4-traders.com logoGray Television : Addresses Political Guidance (NYSE:GTN)
www.4-traders.com - September 21 at 9:34 AM
News Icon8-K: GRAY TELEVISION INC (NYSE:GTN)
www.traderplanet.com - September 21 at 9:34 AM
streetinsider.com logoGray Television (GTN) Withdraws Guidance for Net Political Advertising Revenue (NYSE:GTN)
www.streetinsider.com - September 21 at 9:34 AM
biz.yahoo.com logoGRAY TELEVISION INC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financia (NYSE:GTN)
biz.yahoo.com - September 21 at 9:34 AM
bizjournals.com logoAtlanta TV station company not selling political ads like it expected (NYSE:GTN)
www.bizjournals.com - September 21 at 9:34 AM
capitalcube.com logoGray Television, Inc. breached its 50 day moving average in a Bearish Manner : GTN-US : September 21, 2016 (NYSE:GTN)
www.capitalcube.com - September 21 at 9:34 AM
News IconInteresting GTN Call Options For May 2017 (NYSE:GTN)
www.stockoptionschannel.com - September 19 at 5:26 PM
capitalcube.com logoETF’s with exposure to Gray Television, Inc. : September 19, 2016 (NYSE:GTN)
www.capitalcube.com - September 19 at 5:26 PM
stocksdaily.net logoGray Television, Inc. (NYSE:GTN) Held $97.318 In Cash And Short ... - Stocks Daily (NYSE:GTN)
www.stocksdaily.net - September 17 at 9:57 AM
prnewswire.com logoGray Television Announces Closing Of Offering Of $525.0 Million Of 5.125% Senior Notes Due 2024 And $200.0 ... - PR Newswire (press release) (NYSE:GTN)
www.prnewswire.com - September 14 at 5:27 PM
publicnow.com logoGRAY ANNOUNCES COMPLETION OF TENDER OFFER FOR ITS 7½% SENIOR NOTES DUE 2020; ISSUES NOTICE OF REDEMPTION FOR REMAINING OUTSTANDING NOTES (NYSE:GTN)
www.publicnow.com - September 14 at 5:27 PM
publicnow.com logoGRAY TELEVISION ANNOUNCES CLOSING OF OFFERING OF $525.0 MILLION OF 5.125% SENIOR NOTES DUE 2024 AND $200.0 MILLION OF ADDITIONAL 5.875% SENIOR NOTES DUE 2026 (NYSE:GTN)
www.publicnow.com - September 14 at 5:27 PM
biz.yahoo.com logoGRAY TELEVISION INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Ob (NYSE:GTN)
biz.yahoo.com - September 14 at 5:27 PM
News IconShares Lower Over the Past Quarter: Gray Television, Inc. (NYSE:GTN) - Post News (NYSE:GTN)
www.kentuckypostnews.com - September 11 at 9:41 AM
News IconStock Slipping Down Over the Past Five Trading Sessions: Gray Television, Inc. (NYSE:GTN) - National Daily Press (NYSE:GTN)
www.nationaldailypress.com - September 10 at 9:50 AM
stocksdaily.net logoGray Television, Inc. (NYSE:GTN) CFF Stands At $167.317 Millions - Stocks Daily (NYSE:GTN)
www.stocksdaily.net - September 10 at 9:50 AM
prnewswire.com logoGray Television Announces Pricing Of $525.0 Million Of 5.125% Senior Notes Due 2024 And $200.0 Million Of Add-On ... - PR Newswire (press release) (NYSE:GTN)
www.prnewswire.com - September 8 at 5:15 PM
streetinsider.com logoForm 8-K GRAY TELEVISION INC For: Sep 07 - StreetInsider.com (NYSE:GTN)
www.streetinsider.com - September 8 at 9:12 AM
prnewswire.com logoGray Television Announces Proposed Private Placement Of Senior Notes - PR Newswire (press release) (NYSE:GTN)
www.prnewswire.com - September 8 at 9:12 AM
biz.yahoo.com logoGRAY TELEVISION INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:GTN)
biz.yahoo.com - September 8 at 9:12 AM
streetinsider.com logoForm 8-K GRAY TELEVISION INC For: Sep 07 (NYSE:GTN)
www.streetinsider.com - September 7 at 5:30 PM
biz.yahoo.com logoGRAY TELEVISION INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:GTN)
biz.yahoo.com - September 7 at 5:30 PM
finance.yahoo.com logoGray Television Announces Pricing Of $525.0 Million Of 5.125% Senior Notes Due 2024 And $200.0 Million Of Add-On Senior Notes Due 2026 (NYSE:GTN)
finance.yahoo.com - September 7 at 5:30 PM
finance.yahoo.com logoGray Television Announces Proposed Private Placement Of Senior Notes (NYSE:GTN)
finance.yahoo.com - September 7 at 8:47 AM
publicnow.com logoGRAY COMMENCES CASH TENDER OFFER FOR 7½% SENIOR NOTES DUE 2020 (NYSE:GTN)
www.publicnow.com - September 7 at 8:47 AM
News IconStock Struggling for the Quarter: Gray Television, Inc. (NYSE:GTN) - Post News (NYSE:GTN)
www.kentuckypostnews.com - September 4 at 4:53 PM
stocksdaily.net logoGray Television, Inc. (NYSE:GTN) Held $97.318 In Cash And Short-Term Investments - Stocks Daily (NYSE:GTN)
www.stocksdaily.net - September 2 at 5:16 PM
News IconTwo Services Companies Are Hot: Gray Television, Inc. (GTN), Bob Evans Farms, Inc. (BOBE) - The Independent Republic (NYSE:GTN)
theindependentrepublic.com - September 2 at 10:10 AM
News IconWill Gray Television, Inc. (NYSE:GTN) miss earning estimates again? - The Independent Republic (NYSE:GTN)
theindependentrepublic.com - August 30 at 8:27 AM
mysmartrend.com logoSmarTrend Watching for Potential Rebound in Shares of Gray Television After 1.43% Loss (NYSE:GTN)
www.mysmartrend.com - August 25 at 5:22 PM
realistinvestor.com logoGray Television, Inc. (NYSE:GTN) Stock Price Likely To Reach $18: Wall Street - RealistInvestor.com (NYSE:GTN)
www.realistinvestor.com - August 22 at 9:59 AM
4-traders.com logoSinclair Broadcast : Technical Roundup on TV Broadcasters Stocks -- Grupo Televisa, TEGNA, Gray Television, and Sinclair Broadcast (NYSE:GTN)
www.4-traders.com - August 16 at 8:44 AM
News IconWSAZ Charleston Account Executive (NYSE:GTN)
www.wsaz.com - August 15 at 5:34 PM
stocksdaily.net logoGray Television, Inc. (NYSE:GTN) Cash and Short – Term Investments Is Reported At $97.318 Millions - Stocks Daily (NYSE:GTN)
www.stocksdaily.net - August 13 at 8:17 AM
finance.yahoo.com logoGRAY TELEVISION INC Financials (NYSE:GTN)
finance.yahoo.com - August 11 at 5:35 PM
capitalcube.com logoGray Television, Inc. :GTN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:GTN)
www.capitalcube.com - August 10 at 12:47 PM
fortune.com logoAnalyst Views That Are Worth Watching: Gray Television, Inc. (NYSE:GTN), Viavi Solutions Inc (NASDAQ:VIAV) - Review Fortune (NYSE:GTN)
reviewfortune.com - August 9 at 4:07 PM
streetreport.co logoWill Gray Television Inc (NYSE:GTN) Slide Continue? - Street Report (NYSE:GTN)
www.streetreport.co - August 9 at 8:18 AM
capitalcube.com logoETF’s with exposure to Gray Television, Inc. : August 8, 2016 (NYSE:GTN)
www.capitalcube.com - August 8 at 5:32 PM
News IconAccount Executivew (NYSE:GTN)
www.wsaz.com - August 6 at 5:37 PM
fool.com logoWhy Gray Television, Inc. Shares Popped Today (NYSE:GTN)
www.fool.com - August 6 at 5:37 PM
stocksdaily.net logoGray Television, Inc. (NYSE:GTN) Quarterly Dividend At $-16.731 Millions - Stocks Daily (NYSE:GTN)
www.stocksdaily.net - August 5 at 5:30 PM

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Gray Television (NYSE:GTN) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff