Gray Television Company Profile (NYSE:GTN)

About Gray Television (NYSE:GTN)

Gray Television logoGray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. As of February 21, 2017, the Company owned and/or operated television stations in 54 television markets broadcasting over 200 separate programming streams, including 37 affiliates of the CBS Network (CBS), 29 affiliates of the NBC Network (NBC), 20 affiliates of the ABC Network (ABC) and 15 affiliates of the FOX Network (FOX). In addition to a primary broadcast channel, each of its stations can also broadcast additional secondary digital channels within a market by utilizing the same bandwidth, but with different programming from the primary channel. The Company also broadcasts local news/weather channels in certain of its existing markets. Along with affiliations with ABC, CBS and FOX, the Company's secondary channels are affiliated with various smaller networks and program services.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting
  • Sub-Industry: N/A
  • Symbol: NYSE:GTN
  • CUSIP: N/A
  • Web: www.gray.tv
Capitalization:
  • Market Cap: $1.12532 billion
  • Outstanding Shares: 71,635,000
Average Prices:
  • 50 Day Moving Avg: $14.92
  • 200 Day Moving Avg: $14.09
  • 52 Week Range: $7.00 - $16.70
P/E:
  • Trailing P/E Ratio: 9.64
  • Foreward P/E Ratio: 9.12
  • P/E Growth: 1.45
Sales & Book Value:
  • Annual Revenue: $872.25 million
  • Price / Sales: 1.27
  • Book Value: $7.99 per share
  • Price / Book: 1.94
Profitability:
  • EBITDA: $332.14 million
  • Net Margins: 13.38%
  • Return on Equity: 17.32%
  • Return on Assets: 3.12%
Debt:
  • Debt-to-Equity Ratio: 3.20%
  • Current Ratio: 3.32%
  • Quick Ratio: 3.32%
Misc:
  • Average Volume: 860,028 shs.
  • Beta: 3.25
  • Short Ratio: 3.07
 

Frequently Asked Questions for Gray Television (NYSE:GTN)

What is Gray Television's stock symbol?

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

How were Gray Television's earnings last quarter?

Gray Television, Inc. (NYSE:GTN) issued its quarterly earnings data on Tuesday, August, 8th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The firm earned $226.70 million during the quarter, compared to analysts' expectations of $221.05 million. Gray Television had a net margin of 13.38% and a return on equity of 17.32%. The business's revenue was up 15.3% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. View Gray Television's Earnings History.

Where is Gray Television's stock going? Where will Gray Television's stock price be in 2017?

5 equities research analysts have issued 1-year price objectives for Gray Television's stock. Their predictions range from $17.00 to $20.00. On average, they anticipate Gray Television's stock price to reach $18.60 in the next year. View Analyst Ratings for Gray Television.

Who are some of Gray Television's key competitors?

Who are Gray Television's key executives?

Gray Television's management team includes the folowing people:

  • Hilton H. Howell Jr., Chairman of the Board, President, Chief Executive Officer
  • James C. Ryan, Chief Financial Officer, Executive Vice President
  • Bob Smith, Executive Vice President and Co-Chief Operating Officer
  • Kevin P. Latek, Executive Vice President and Chief Legal and Development Officer, Secretary
  • Howell W. Newton, Lead Independent Director
  • Luis A. Garcia, Director
  • Robin Robinson Howell, Director
  • Elizabeth Russell Neuhoff, Director
  • Harriett J. Robinson, Director

Who owns Gray Television stock?

Gray Television's stock is owned by many different of retail and institutional investors. Top institutional investors include Skylands Capital LLC (0.07%) and Eqis Capital Management Inc. (0.02%). Company insiders that own Gray Television stock include Harriett J Robinson, Hilton H Howell Jr, Richard Lee Boger and T L Elder. View Institutional Ownership Trends for Gray Television.

Who bought Gray Television stock? Who is buying Gray Television stock?

Gray Television's stock was bought by a variety of institutional investors in the last quarter, including Skylands Capital LLC and Eqis Capital Management Inc.. Company insiders that have bought Gray Television stock in the last two years include Harriett J Robinson and Hilton H Howell Jr. View Insider Buying and Selling for Gray Television.

How do I buy Gray Television stock?

Shares of Gray Television can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gray Television's stock price today?

One share of Gray Television stock can currently be purchased for approximately $15.50.


MarketBeat Community Rating for Gray Television (NYSE GTN)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  211
MarketBeat's community ratings are surveys of what our community members think about Gray Television and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gray Television (NYSE:GTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.60 (20.00% upside)
Consensus Price Target History for Gray Television (NYSE:GTN)
Price Target History for Gray Television (NYSE:GTN)
Analysts' Ratings History for Gray Television (NYSE:GTN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017GuggenheimInitiated CoverageBuy -> Buy$20.00N/AView Rating Details
9/27/2017Royal Bank Of CanadaReiterated RatingBuy$17.00HighView Rating Details
8/10/2017Wells Fargo & CompanyReiterated RatingOutperform$15.50 -> $18.00MediumView Rating Details
8/9/2017Benchmark Co.Boost Price TargetBuy$19.00 -> $20.00HighView Rating Details
3/9/2017Singular ResearchBoost Price TargetBuy -> Buy$12.00 -> $18.00LowView Rating Details
11/18/2015StephensInitiated CoverageOverweight$22.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Gray Television (NYSE:GTN)
Earnings by Quarter for Gray Television (NYSE:GTN)
Earnings History by Quarter for Gray Television (NYSE GTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2017Q2 2017$0.25$0.28$221.05 million$226.70 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.07$0.16$194.68 million$203.46 millionViewListenView Earnings Details
3/1/2017Q416$0.50$0.49$237.30 million$237.62 millionViewListenView Earnings Details
11/8/2016Q316$0.41$0.26$220.35 million$204.50 millionViewListenView Earnings Details
8/4/2016Q216$0.25$0.24$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$0.04$0.10$130.27 million$133.30 millionViewListenView Earnings Details
3/5/2015Q414$0.53$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)
2017 EPS Consensus Estimate: $0.81
2018 EPS Consensus Estimate: $1.70
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171$0.24$0.24$0.24
Q3 20171$0.21$0.21$0.21
Q4 20171$0.27$0.27$0.27
Q1 20181$0.26$0.26$0.26
Q2 20181$0.45$0.45$0.45
Q3 20181$0.39$0.39$0.39
Q4 20181$0.60$0.60$0.60
(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 and Institutional Ownership History for Gray Television (NYSE:GTN)
Insider Ownership Percentage: 12.00%
Institutional Ownership Percentage: 81.35%
Insider Trades by Quarter for Gray Television (NYSE:GTN)
Institutional Ownership by Quarter for Gray Television (NYSE:GTN)
Insider Trades by Quarter for Gray Television (NYSE:GTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Richard Lee BogerDirectorSell7,000$14.21$99,470.00View SEC Filing  
12/29/2016T L ElderDirectorSell2,960$10.98$32,500.80View SEC Filing  
11/16/2016Harriett J RobinsonDirectorBuy6,100$9.55$58,255.00View SEC Filing  
11/15/2016Hilton H Howell JrVice ChairmanBuy1,720$8.98$15,445.60View SEC Filing  
11/10/2016Harriett J RobinsonDirectorBuy12,000$7.62$91,440.00View SEC Filing  
11/10/2016Hilton H Howell JrVice ChairmanBuy1,600$7.58$12,128.00View SEC Filing  
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

Headline Trends for Gray Television (NYSE:GTN)
Latest Headlines for Gray Television (NYSE:GTN)
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Chart

Gray Television (GTN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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