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: $11.14
  • 50 Day Moving Average: $11.05
  • 200 Day Moving Average: $11.56
  • 52-Week Range: $9.15 - $17.70
  • Trailing P/E Ratio: 16.62
  • Foreward P/E Ratio: 14.78
  • P/E Growth: 1.05
  • Market Cap: $799.28M
  • Outstanding Shares: 71,878,000
  • Beta: 3.02
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 (84.03% upside)

Analysts' Ratings History for Gray Television (NYSE:GTN)
DateFirmActionRatingPrice TargetDetails
5/24/2016Wells 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 9/1/2014 forward)


Earnings History for Gray Television (NYSE:GTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Gray Television (NYSE:GTN)
Current Year EPS Consensus Estimate: $1.63 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$0.45$0.45$0.45
Q4 20161$0.84$0.84$0.84
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)


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

Insider Trades

Insider Trading History for Gray Television (NYSE:GTN)
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)


Latest Headlines for Gray Television (NYSE:GTN)
News IconWill Gray Television, Inc. (NYSE:GTN) miss earning estimates again? - The Independent Republic (NYSE:GTN) - August 30 at 8:27 AM logoSmarTrend Watching for Potential Rebound in Shares of Gray Television After 1.43% Loss (NYSE:GTN) - August 25 at 5:22 PM logoGray Television, Inc. (NYSE:GTN) Stock Price Likely To Reach $18: Wall Street - (NYSE:GTN) - August 22 at 9:59 AM logoSinclair Broadcast : Technical Roundup on TV Broadcasters Stocks -- Grupo Televisa, TEGNA, Gray Television, and Sinclair Broadcast (NYSE:GTN) - August 16 at 8:44 AM
News IconWSAZ Charleston Account Executive (NYSE:GTN) - August 15 at 5:34 PM logoGray Television, Inc. (NYSE:GTN) Cash and Short – Term Investments Is Reported At $97.318 Millions - Stocks Daily (NYSE:GTN) - August 13 at 8:17 AM logoGRAY TELEVISION INC Financials (NYSE:GTN) - August 11 at 5:35 PM logoGray Television, Inc. :GTN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:GTN) - August 10 at 12:47 PM logoAnalyst Views That Are Worth Watching: Gray Television, Inc. (NYSE:GTN), Viavi Solutions Inc (NASDAQ:VIAV) - Review Fortune (NYSE:GTN) - August 9 at 4:07 PM logoWill Gray Television Inc (NYSE:GTN) Slide Continue? - Street Report (NYSE:GTN) - August 9 at 8:18 AM logoETF’s with exposure to Gray Television, Inc. : August 8, 2016 (NYSE:GTN) - August 8 at 5:32 PM
News IconAccount Executivew (NYSE:GTN) - August 6 at 5:37 PM logoWhy Gray Television, Inc. Shares Popped Today (NYSE:GTN) - August 6 at 5:37 PM logoGray Television, Inc. (NYSE:GTN) Quarterly Dividend At $-16.731 Millions - Stocks Daily (NYSE:GTN) - August 5 at 5:30 PM logoGray Television, Inc.: Strong price momentum but will it sustain? (NYSE:GTN) - August 5 at 5:29 PM logoEdited Transcript of GTN earnings conference call or presentation 4-Aug-16 3:00pm GMT (NYSE:GTN) - August 5 at 8:17 AM logoGray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : August 5, 2016 (NYSE:GTN) - August 5 at 8:17 AM logoCurrent Analysts Rating Update: Scripps Networks Interactive, Inc (NASDAQ:SNI) , Gray Television, Inc. (NYSE:GTN) - Street Updates (NYSE:GTN) - August 4 at 5:40 PM logoGray Television posts 2Q profit (NYSE:GTN) - August 4 at 5:40 PM logoGRAY TELEVISION INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:GTN) - August 4 at 5:40 PM logoGray Television Inc Earnings Call scheduled for 11:00 am ET today (NYSE:GTN) - August 4 at 5:40 PM logoIdentifying Analyst Ratings Summary To Consider: Gray Television, Inc. (NYSE:GTN), TTM Technologies, Inc ... - Review Fortune (NYSE:GTN) - August 4 at 8:15 AM logoUpdated Analysts Rating Report: Gray Television, Inc. (NYSE:GTN) , Chico's FAS, Inc. (NYSE:CHS) - Street Updates (NYSE:GTN) - August 4 at 8:15 AM
News IconTrending Analyst Recommended Stock: Gray Television, Inc. (NYSE:GTN) - News Oracle (NYSE:GTN) - August 4 at 8:15 AM logoQ2 2016 Gray Television Inc Earnings Release - Before Market Open (NYSE:GTN) - August 4 at 8:15 AM logoGray Reports Record Operating Results (NYSE:GTN) - August 4 at 8:15 AM logoGray Communications Systems Inc. (GTN) Hits New 52-week Low During August 01 Session (NYSE:GTN) - August 3 at 8:25 AM logoGray Communications Systems Inc. (GTN) Hits New 52-week Low During July 28 Session (NYSE:GTN) - July 30 at 4:53 PM logoGray Television, Inc. (NYSE:GTN) Cash Balance At $97.318 Millions - Stocks Daily (NYSE:GTN) - July 29 at 5:29 PM logoCurrent Gray Television, Inc. (NYSE:GTN) PT Means Stock Is Worth Almost $22 - Review Fortune (NYSE:GTN) - July 27 at 5:34 PM logoTransportation Stocks Winners and Losers Report (NYSE:GTN) - July 27 at 8:06 AM logoCash And Short-Term Investments For Gray Television, Inc. (NYSE:GTN) Was $97.318 - Stocks Daily (NYSE:GTN) - July 24 at 9:45 AM logoThe Insider Activity Don't Lie: Gray Television, Inc. (NYSE:GTN) - Review Fortune (NYSE:GTN) - July 24 at 9:45 AM logoGray Communications Systems Inc. (GTN) is Trading Lower on Unusual Volume for July 21 (NYSE:GTN) - July 23 at 9:22 AM logoAnalyst's Notable Buzzers: Lowe's Companies, Inc. (NYSE:LOW) , Gray Television, Inc. (NYSE:GTN) - Street Updates (NYSE:GTN) - July 22 at 5:15 PM logoStocks Trend Analysis: Lam Research Corporation (LRCX) Gray Television, Inc. (GTN) The Goodyear Tire & Rubber ... - iStreetWire (NYSE:GTN) - July 22 at 5:15 PM
News IconGray Television Incorporated (NYSE:GTN) Short Interest Increased By 20.34% - Consumer Eagle (NYSE:GTN) - July 22 at 8:14 AM
News IconGray Television, Inc. (NYSE:GTN): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:GTN) - July 22 at 8:14 AM
News IconWill Investors Find Any Relief with Gray Television, Inc. (NYSE:GTN) - TGP (NYSE:GTN) - July 22 at 8:14 AM logoOption Market: Gray Television Inc Risk Hits An Inflection Point - CML News (NYSE:GTN) - July 20 at 3:15 PM
News IconEquity Roundup: Stock Performance Focus on Gray Television, Inc. (NYSE:GTN) - Press Telegraph (NYSE:GTN) - July 19 at 5:27 PM
News IconWhetstone Capital Advisors LLC Decreased Stake in Gray Television INC (NYSE:GTN) by $3.43 Million as Shares ... - Consumer Eagle (NYSE:GTN) - July 19 at 5:27 PM
News IconShares Lower on the Year Gray Television, Inc. (NYSE:GTN) - Press Telegraph (NYSE:GTN) - July 19 at 5:27 PM logoGray Television, Inc. – Value Analysis (NYSE:GTN) : July 19, 2016 (NYSE:GTN) - July 19 at 2:38 PM
News IconAnalyst Target and Average Rating Watch: Gray Television, Inc. (NYSE:GTN) - Press Telegraph (NYSE:GTN) - July 18 at 10:29 AM logoGray Sets Date For Second Quarter Earnings Release And Earnings Conference Call (NYSE:GTN) - July 18 at 8:00 AM
News IconGray Television Incorporated (NYSE:GTN) Shorted Shares Decreased By 5.07% - Press Telegraph (NYSE:GTN) - July 15 at 8:23 AM
News IconGray Television, Inc. (NYSE:GTN) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:GTN) - July 14 at 8:50 AM logoGray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : July 13, 2016 (NYSE:GTN) - July 13 at 8:32 AM
News IconStock Down on the Year Gray Television, Inc. (NYSE:GTN) - Press Telegraph (NYSE:GTN) - July 12 at 9:44 AM


Gray Television (NYSE:GTN) Chart for Thursday, September, 1, 2016

Last Updated on 9/1/2016 by Staff