NYSE:GTN

Gray Television Stock Forecast, Price & News

$22.08
-0.12 (-0.54 %)
(As of 08/3/2021 12:00 AM ET)
Add
Compare
Today's Range
$21.39
$22.18
50-Day Range
$20.42
$24.05
52-Week Range
$11.95
$24.43
Volume584,774 shs
Average Volume688,959 shs
Market Capitalization$2.11 billion
P/E Ratio6.12
Dividend Yield1.44%
Beta2.07
30 days | 90 days | 365 days | Advanced Chart
Receive GTN News and Ratings via Email

Sign-up to receive the latest news and ratings for Gray Television and its competitors with MarketBeat's FREE daily newsletter.


Gray Television logo

About Gray Television

Gray Television, Inc., a television broadcast company, owns and/or operates television stations and digital assets in the United States. The company also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, Circle, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, it is also involved in the video program production, marketing, and digital businesses, including Raycom Sports, Tupelo-Raycom, and RTM Studios; and production of Power Nation programs and content. It owns and operates television stations and digital properties in 94 television markets. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1897 and is headquartered in Atlanta, Georgia.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

3.08 out of 5 stars

Consumer Discretionary Sector

9th out of 371 stocks

Television Broadcasting Stations Industry

2nd out of 20 stocks

Analyst Opinion: 2.5Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Gray Television (NYSE:GTN) Frequently Asked Questions

Is Gray Television a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Gray Television stock.
View analyst ratings for Gray Television
or view top-rated stocks.

What stocks does MarketBeat like better than Gray Television?

Wall Street analysts have given Gray Television a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Gray Television wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Gray Television?

Gray Television saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,100 shares, a drop of 100.0% from the June 15th total of 2,900,000 shares. Based on an average daily volume of 748,600 shares, the days-to-cover ratio is currently 0.0 days.
View Gray Television's Short Interest
.

When is Gray Television's next earnings date?

Gray Television is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Gray Television
.

How can I listen to Gray Television's earnings call?

Gray Television will be holding an earnings conference call on Thursday, August 5th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 855-859-2056 with passcode "1176873".

How were Gray Television's earnings last quarter?

Gray Television, Inc. (NYSE:GTN) posted its quarterly earnings results on Sunday, May, 2nd. The company reported $0.27 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.09. The business had revenue of $544 million for the quarter, compared to analysts' expectations of $532.96 million. Gray Television had a net margin of 16.56% and a trailing twelve-month return on equity of 24.19%. The business's revenue was up 1.9% on a year-over-year basis. During the same period last year, the business posted $0.41 earnings per share.
View Gray Television's earnings history
.

How has Gray Television's stock been impacted by Coronavirus?

Gray Television's stock was trading at $11.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GTN stock has increased by 88.1% and is now trading at $22.08.
View which stocks have been most impacted by COVID-19
.

How often does Gray Television pay dividends? What is the dividend yield for Gray Television?

Gray Television announced a quarterly dividend on Tuesday, June 1st. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.08 per share on Wednesday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, June 14th.
View Gray Television's dividend history
.

Is Gray Television a good dividend stock?

Gray Television pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.44%. Gray Television does not yet have a strong track record of dividend growth. The dividend payout ratio of Gray Television is 8.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Gray Television will have a dividend payout ratio of 8.72% next year. This indicates that Gray Television will be able to sustain or increase its dividend.
View Gray Television's dividend history.

What price target have analysts set for GTN?

3 analysts have issued 12-month price targets for Gray Television's stock. Their forecasts range from $25.00 to $25.00. On average, they expect Gray Television's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
View analysts' price targets for Gray Television
or view top-rated stocks among Wall Street analysts.

Who are Gray Television's key executives?

Gray Television's management team includes the following people:
  • Mr. Hilton Hatchett Howell Jr., Exec. Chairman & CEO (Age 59, Pay $3.12M)
  • Mr. Donald Patrick LaPlatney, Pres, Co-CEO & Director (Age 61, Pay $2.36M)
  • Mr. James C. Ryan, Exec. VP & CFO (Age 60, Pay $1.62M)
  • Mr. Robert Lawrence Smith, Exec. VP & COO of Local Media (Age 58, Pay $1.54M)
  • Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 50, Pay $1.67M)
  • Mr. Jackson S. Cowart IV, Sr. VP & Chief Accounting Officer
  • Mr. David Burke, Sr. VP & Chief Technology Officer
  • Ms. Charlie Effinger, VP of Corp. Devel.
  • Ms. Karen Youger, Sr. VP of Sales Operations
  • Ms. Meg Little, Group Director of Marketing & Client Services

What is Hilton H. Howell, Jr.'s approval rating as Gray Television's CEO?

63 employees have rated Gray Television CEO Hilton H. Howell, Jr. on Glassdoor.com. Hilton H. Howell, Jr. has an approval rating of 57% among Gray Television's employees. This puts Hilton H. Howell, Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Gray Television's key competitors?

What other stocks do shareholders of Gray Television own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gray Television investors own include OPKO Health (OPK), TherapeuticsMD (TXMD), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T), Ford Motor (F), Horizon Therapeutics Public (HZNP), Micron Technology (MU) and NVIDIA (NVDA).

What is Gray Television's stock symbol?

Gray Television trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTN."

Who are Gray Television's major shareholders?

Gray Television's stock is owned by many different retail and institutional investors. Top institutional shareholders include New York State Common Retirement Fund (1.19%), Victory Capital Management Inc. (1.17%), Peregrine Capital Management LLC (1.00%), Skylands Capital LLC (0.29%), Hussman Strategic Advisors Inc. (0.13%) and Aegon Asset Management UK PLC (0.11%). Company insiders that own Gray Television stock include D Patrick Laplatney, Harriett J Robinson, Hilton H Howell Jr, Hilton H Howell, Jr, Kevin Paul Latek and Robin Robinson Howell.
View institutional ownership trends for Gray Television
.

Which institutional investors are selling Gray Television stock?

GTN stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Alliancebernstein L.P., Hussman Strategic Advisors Inc., Skylands Capital LLC, New York State Common Retirement Fund, Exchange Traded Concepts LLC, Arizona State Retirement System, and Advisor Group Holdings Inc.. Company insiders that have sold Gray Television company stock in the last year include D Patrick Laplatney, Hilton H Howell, Jr, and Kevin Paul Latek.
View insider buying and selling activity for Gray Television
or view top insider-selling stocks.

Which institutional investors are buying Gray Television stock?

GTN stock was bought by a variety of institutional investors in the last quarter, including Aegon Asset Management UK PLC, Victory Capital Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , Oppenheimer & Co. Inc., Pinnacle Associates Ltd., Ingalls & Snyder LLC, Handelsbanken Fonder AB, and Harel Insurance Investments & Financial Services Ltd.. Company insiders that have bought Gray Television stock in the last two years include Harriett J Robinson, Hilton H Howell Jr, and Robin Robinson Howell.
View insider buying and selling activity for Gray Television
or or view top insider-buying stocks.

How do I buy shares of Gray Television?

Shares of GTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gray Television's stock price today?

One share of GTN stock can currently be purchased for approximately $22.08.

How much money does Gray Television make?

Gray Television has a market capitalization of $2.11 billion and generates $2.38 billion in revenue each year. The company earns $410 million in net income (profit) each year or $3.69 on an earnings per share basis.

How many employees does Gray Television have?

Gray Television employs 7,262 workers across the globe.

What is Gray Television's official website?

The official website for Gray Television is www.gray.tv.

Where are Gray Television's headquarters?

Gray Television is headquartered at 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319.

How can I contact Gray Television?

Gray Television's mailing address is 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319. The company can be reached via phone at 404-504-9828.


This page was last updated on 8/4/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.