NYSE:GTN Gray Television (GTN) Stock Price, News & Analysis $6.48 +0.22 (+3.51%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$6.33▼$6.5350-Day Range$4.57▼$6.4952-Week Range$4.39▼$10.69Volume898,973 shsAverage Volume1.80 million shsMarket Capitalization$642.92 millionP/E RatioN/ADividend Yield4.93%Price Target$11.40 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Gray Television alerts: Email Address Gray Television MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside75.8% Upside$11.40 Price TargetShort InterestHealthy7.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.74Upright™ Environmental ScoreNews Sentiment-0.25Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom $5.15 to ($0.36) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.31 out of 5 starsConsumer Discretionary Sector44th out of 279 stocksTelevision Broadcasting Stations Industry2nd out of 11 stocks 3.3 Analyst's Opinion Consensus RatingGray Television has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageGray Television has only been the subject of 3 research reports in the past 90 days.Read more about Gray Television's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.43% of the float of Gray Television has been sold short.Short Interest Ratio / Days to CoverGray Television has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Gray Television has recently decreased by 8.68%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipGray Television is a leading dividend payer. It pays a dividend yield of 5.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGray Television does not have a long track record of dividend growth.Read more about Gray Television's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGray Television has received a 32.05% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is false driven by its "Broadcasting of television news programs" and "Television advertisements" products. See details.Environmental SustainabilityThe Environmental Impact score for Gray Television is -0.74. Previous Next 1.0 News and Social Media Coverage News SentimentGray Television has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Gray Television this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Gray Television to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gray Television insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.80% of the stock of Gray Television is held by insiders.Percentage Held by Institutions78.64% of the stock of Gray Television is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gray Television's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Gray Television are expected to decrease in the coming year, from $5.15 to ($0.36) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gray Television is -54.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Gray Television is -54.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioGray Television has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGray Television has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Gray Television's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report About Gray Television Stock (NYSE:GTN)Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets. It owns and operates television stations and digital assets that serve television markets in the United States. 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 1891 and is headquartered in Atlanta, Georgia.Read More GTN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GTN Stock News HeadlinesJuly 25 at 12:04 PM | globenewswire.comRock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports NetworkJuly 18, 2024 | globenewswire.comGray Media Partners with Harlem Globetrotters for their Historic Return to Live Television Across the Nation for First Time in 40 YearsJuly 27, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 16, 2024 | globenewswire.comGray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi AwardsJuly 10, 2024 | seekingalpha.comTaking A (Speculative) Position In Gray TelevisionJuly 1, 2024 | globenewswire.comGRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALLJune 24, 2024 | globenewswire.comGray Stations Honored by IRE Awards for Outstanding Investigative JournalismJune 4, 2024 | globenewswire.comGray Announces Closing of Term Loan and Revolving Credit Facility RefinancingJuly 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.June 4, 2024 | globenewswire.comGray Television Announces Early Tender Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026June 3, 2024 | globenewswire.comRTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television StationsJune 3, 2024 | globenewswire.comGray Announces Closing of Offering of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029May 30, 2024 | globenewswire.comGray Names Greg Connor as General Manager of WRDW and WAGT in Augusta, GeorgiaMay 23, 2024 | globenewswire.comGray Announces Upsizing and Pricing of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029May 20, 2024 | globenewswire.comGray Television Commences Cash Tender Offer for Its 5.875% Senior Notes Due 2026May 20, 2024 | globenewswire.comGray Announces Private Offering of Senior Secured NotesMay 15, 2024 | globenewswire.comGray Television Announces Commencement of Proposed $1.6 Billion Refinancing Process and a Further Increase to its Revolving Credit FacilityMay 13, 2024 | finance.yahoo.comGray Television Partners with American Association of Professional Baseball to Bring Summer Baseball to Viewers Free Over-The-AirSee More Headlines Receive GTN Stock 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. Email Address Company Calendar Last Earnings5/07/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/27/2024Next Earnings (Confirmed)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Television broadcasting stations Sub-IndustryN/A Current SymbolNYSE:GTN CUSIPN/A CIK43196 Webwww.gray.tv Phone(404) 266-8333Fax404-261-9607Employees9,923Year FoundedN/APrice Target and Rating Average Stock Price Target$11.40 High Stock Price Target$14.00 Low Stock Price Target$6.00 Potential Upside/Downside+75.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.12) Trailing P/E RatioN/A Forward P/E Ratio1.26 P/E Growth0.12Net Income$-76,000,000.00 Net Margins1.30% Pretax Margin2.39% Return on Equity2.13% Return on Assets0.40% Debt Debt-to-Equity Ratio2.99 Current Ratio1.42 Quick Ratio1.42 Sales & Book Value Annual Sales$3.28 billion Price / Sales0.20 Cash Flow$4.08 per share Price / Cash Flow1.59 Book Value$20.66 per share Price / Book0.31Miscellaneous Outstanding Shares99,140,000Free Float94,379,000Market Cap$642.92 million OptionableOptionable Beta1.52 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Hilton Hatchett Howell Jr. (Age 62)Executive Chairman & CEO Comp: $4.8MMr. Donald Patrick LaPlatney (Age 64)President, Co-CEO & Director Comp: $3.2MMr. James C. Ryan (Age 63)Executive VP & CFO Comp: $2.26MMs. McNamara Sandra Breland (Age 61)Executive VP & COO Comp: $1.38MMr. Kevin P. Latek (Age 53)Executive VP, Chief Legal & Development Officer and Secretary Comp: $2.24MMr. Jackson S. Cowart IVSenior VP & Chief Accounting OfficerMr. David BurkeSenior VP & Chief Technology OfficerMs. Charlie EffingerVice President of Corporate DevelopmentMr. Mike KingSenior Managing VP & Chief Marketing OfficerMr. Garrett PopeSenior VP of Sales OperationsMore ExecutivesKey CompetitorsGrupo Televisa, S.A.B.NYSE:TVSinclairNASDAQ:SBGIGray TelevisionNYSE:GTN.AE.W. ScrippsNASDAQ:SSPEntravision CommunicationsNYSE:EVCView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 95,929 shares on 7/26/2024Ownership: 0.926%Skylands Capital LLCSold 20,200 shares on 7/26/2024Ownership: 0.258%Tributary Capital Management LLCBought 10,093 shares on 7/25/2024Ownership: 1.346%Dakota Wealth ManagementBought 3,781 shares on 7/22/2024Ownership: 0.015%Diversified Trust CoBought 3,097 shares on 7/16/2024Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions GTN Stock Analysis - Frequently Asked Questions How have GTN shares performed this year? Gray Television's stock was trading at $8.96 on January 1st, 2024. Since then, GTN shares have decreased by 27.6% and is now trading at $6.4850. View the best growth stocks for 2024 here. How were Gray Television's earnings last quarter? Gray Television, Inc. (NYSE:GTN) posted its quarterly earnings results on Tuesday, May, 7th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.25. Gray Television's quarterly revenue was up 2.7% on a year-over-year basis. What is Hilton H. Howell, Jr.'s approval rating as Gray Television's CEO? 63 employees have rated Gray Television Chief Executive Officer Hilton H. Howell, Jr. on Glassdoor.com. Hilton H. Howell, Jr. has an approval rating of 57% among the company'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 Gray Television's major shareholders? Top institutional investors of Gray Television include Tributary Capital Management LLC (1.35%), Bank of New York Mellon Corp (0.93%), Skylands Capital LLC (0.26%) and Linden Thomas Advisory Services LLC (0.08%). Insiders that own company stock include Hilton H Howell Jr, Robin Robinson Howell, Harriett J Robinson, D Patrick Laplatney, James C Ryan, Richard Lee Boger, T L Elder, Jackson S Iv Cowart and Robert Lawrence Smith. View institutional ownership trends. How do I buy shares of Gray Television? Shares of GTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Gray Television own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gray Television investors own include OPKO Health (OPK), TherapeuticsMD (TXMD), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T) and Ford Motor (F). 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