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: $13.35
  • 50 Day Moving Average: $11.74
  • 200 Day Moving Average: $10.62
  • 52-Week Range: $7.00 - $14.77
  • Trailing P/E Ratio: 23.63
  • Foreward P/E Ratio: 16.28
  • P/E Growth: 2.38
  • Market Cap: $959.58M
  • Outstanding Shares: 71,879,000
  • Beta: 3.16
Profitability:
  • Net Margins: 5.57%
  • Return on Equity: 13.68%
  • Return on Assets: 2.42%
Debt:
  • Debt-to-Equity Ratio: 3.83%
  • Current Ratio: 4.79%
  • Quick Ratio: 4.79%
Additional Links:
Companies Related to Gray Television:

Analyst Ratings

Consensus Ratings for Gray Television (NYSE:GTN) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $17.00 (27.34% upside)

Analysts' Ratings History for Gray Television (NYSE:GTN)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016Benchmark Co.Reiterated RatingBuyView Rating Details
9/26/2016Wells Fargo & CoReiterated 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 2/25/2015 forward)

Earnings

Earnings History for Gray Television (NYSE:GTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017Q416$0.50$237.30 millionListenView Earnings Details
11/8/2016Q316$0.39$0.26$220.35 million$204.50 millionViewListenView Earnings Details
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: $0.86 EPS
Next Year EPS Consensus Estimate: $0.82 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$0.49$0.49$0.49
Q1 20171$0.13$0.13$0.13
Q2 20171$0.25$0.25$0.25
Q3 20171$0.21$0.21$0.21
Q4 20171$0.25$0.25$0.25
(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: 82.70%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Gray Television (NYSE:GTN)
DateHeadline
finance.yahoo.com logoTop Ranked Value Stocks to Buy for February 24th - Yahoo Finance (NYSE:GTN)
finance.yahoo.com - February 24 at 6:52 PM
News IconEquity Focus: Looking at Shares of Gray Television, Inc. (NYSE:GTN) - Midway Monitor (NYSE:GTN)
midwaymonitor.com - February 24 at 6:52 PM
zacks.com logoTop Ranked Value Stocks to Buy for February 24th (NYSE:GTN)
www.zacks.com - February 24 at 10:50 AM
thestreet.com logoApril 21st Options Now Available For Gray Television - TheStreet.com (NYSE:GTN)
www.thestreet.com - February 23 at 10:34 PM
News IconFiscal Year Earnings Estimate on Gray Television, Inc.(GTN) - Money Flow Index & Trends (NYSE:GTN)
www.moneyflowtrends.com - February 23 at 10:34 PM
News IconAre Analysts Optimistic About Where Gray Television, Inc. (NYSE:GTN) is Heading? - Winfield Review (NYSE:GTN)
winfieldreview.com - February 18 at 12:19 PM
News IconDiversified Communications to sell TV stations to Gray Television (NYSE:GTN)
www.mainebiz.biz - February 17 at 12:33 PM
streetinsider.com logoGray Television (GTN) to Acquire Diversified Communications for $85M (NYSE:GTN)
www.streetinsider.com - February 17 at 12:33 PM
us.rd.yahoo.com logoGray To Acquire Diversified Communications' Television Stations (NYSE:GTN)
us.rd.yahoo.com - February 17 at 12:33 PM
News IconStock Corner: Tracking Metrics for Gray Television, Inc. (NYSE:GTN) - Rives Journal (NYSE:GTN)
rivesjournal.com - February 16 at 5:30 PM
prnewswire.com logoGray Sets Date For Fourth Quarter Earnings Release And Earnings Conference Call - PR Newswire (press release) (NYSE:GTN)
www.prnewswire.com - February 16 at 5:30 PM
streetinsider.com logoGray Television (GTN) to Acquire Diversified Communications for $85M - StreetInsider.com (NYSE:GTN)
www.streetinsider.com - February 16 at 5:30 PM
finance.yahoo.com logoGray Sets Date For Fourth Quarter Earnings Release And Earnings Conference Call (NYSE:GTN)
finance.yahoo.com - February 16 at 5:30 PM
News IconGray Television, Inc. (NYSE:GTN) EPS Predicted At $0.27 - Transcript Daily (NYSE:GTN)
transcriptdaily.com - February 12 at 10:27 PM
marketexclusive.com logoGRAY TELEVISION, INC. (NYSE:GTN) Files An 8-K Entry into a Material Definitive Agreement (NYSE:GTN)
marketexclusive.com - February 12 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)
us.rd.yahoo.com - February 10 at 6:17 PM
News IconRange Watch on Technical Indicators for Gray Television Inc. (GTN) - Benton Bulletin (NYSE:GTN)
bentonbulletin.com - February 9 at 6:27 PM
streetinsider.com logoGray Television (GTN) Receives $90.8M in Proceeds from FCC Spectrum Auction - StreetInsider.com (NYSE:GTN)
www.streetinsider.com - February 8 at 6:09 PM
seekingalpha.com logoGray Television refinances senior credit facility - Seeking Alpha (NYSE:GTN)
seekingalpha.com - February 8 at 6:09 PM
streetinsider.com logoGray Television (GTN) Receives $90.8M in Proceeds from FCC Spectrum Auction (NYSE:GTN)
www.streetinsider.com - February 7 at 6:52 PM
finance.yahoo.com logoGray Announces FCC Spectrum Auction Proceeds (NYSE:GTN)
finance.yahoo.com - February 7 at 6:52 PM
finance.yahoo.com logoGray Completes Refinancing Of Senior Credit Facility (NYSE:GTN)
finance.yahoo.com - February 7 at 6:52 PM
4-traders.com logoGray Television : Names Mike Oates And Sacha Purciful To Lead Its Augusta And Harrisonburg Television Stations (NYSE:GTN)
www.4-traders.com - February 3 at 6:02 PM
News IconTime to Buy Gray Television, Inc. (GTN) After The Completion of This Inverse Head & Shoulders Pattern? (NYSE:GTN)
randolphguide.com - February 3 at 6:02 PM
prnewswire.com logoGray Names Mike Oates And Sacha Purciful To Lead Its Augusta ... - PR Newswire (press release) (NYSE:GTN)
www.prnewswire.com - February 2 at 11:11 PM
finance.yahoo.com logoWill Gray Television (GTN) Continue to Surge Higher? (NYSE:GTN)
finance.yahoo.com - February 2 at 6:09 PM
finance.yahoo.com logoGray Names Mike Oates And Sacha Purciful To Lead Its Augusta And Harrisonburg Television Stations (NYSE:GTN)
finance.yahoo.com - February 2 at 6:09 PM
News IconThe Stock In Focus – Gray Television, Inc. (NYSE:GTN) - Transcript Daily (NYSE:GTN)
transcriptdaily.com - February 1 at 6:15 PM
News IconPrice Forecast For Gray Television, Inc. (NYSE:GTN) Stock At $15 - Transcript Daily (NYSE:GTN)
transcriptdaily.com - January 29 at 10:38 PM
News IconInvestor Review: Focusing in on Shares of Gray Television Inc. (GTN) - Sherwood Daily (NYSE:GTN)
sherwooddaily.com - January 28 at 10:43 PM
4-traders.com logoGray Television : Names Nancy Johnson, Chris Fry And Deedee Caciari To Lead Its Alaska Television Stations (NYSE:GTN)
www.4-traders.com - January 28 at 5:42 PM
finance.yahoo.com logoGray Names Nancy Johnson, Chris Fry And Deedee Caciari To Lead Its Alaska Television Stations (NYSE:GTN)
finance.yahoo.com - January 27 at 7:29 PM
News IconSpot-check on CCI and RSI for Gray Television Inc. (GTN) - Springdale Times (NYSE:GTN)
springdaletimes.com - January 26 at 7:02 PM
News IconGray Television, Inc. (NYSE:GTN) Upgrades/Downgrades Report - The Newburgh Press (NYSE:GTN)
newburghpress.com - January 26 at 7:02 PM
News IconGray Television, Inc. (NYSE:GTN) Projected EPS At $0.49 - Stock Observer (NYSE:GTN)
www.thestockobserver.com - January 26 at 5:03 AM
News IconEnlivened Volatility Spotted in Shares of Gray Television, Inc. (NYSE:GTN) - Wall Street Beacon (NYSE:GTN)
wsbeacon.com - January 26 at 5:03 AM
News IconEarnings in Full Force, Analysts Take Aim at Gray Television, Inc. (NYSE:GTN) - Wall Street Beacon (NYSE:GTN)
wsbeacon.com - January 26 at 5:03 AM
News IconAre Analysts Predicting a Near-Term Upswing For Gray Television, Inc. (NYSE:GTN)? - Wall Street Beacon (NYSE:GTN)
wsbeacon.com - January 24 at 11:30 PM
News IconWhat Analysts Report Shows About Gray Television, Inc. (NYSE:GTN)? - Transcript Daily (NYSE:GTN)
transcriptdaily.com - January 24 at 11:30 PM
News IconAnalysts Projecting Upside, Can This Stock Surge Higher: Gray Television, Inc. (:GTN-A) - Prospect Journal (NYSE:GTN)
prospectjournal.com - January 23 at 5:58 PM
News IconTrading Watch: Indicators in Review for Gray Television Inc. (GTN) - Springdale Times (NYSE:GTN)
springdaletimes.com - January 23 at 5:58 PM
realistinvestor.com logoAnalysts Rating Of Gray Television, Inc. (NYSE:GTN) At 1 - RealistInvestor.com (NYSE:GTN)
www.realistinvestor.com - January 23 at 5:58 PM
bizjournals.com logoGray Television thanks three top execs with $4 million (NYSE:GTN)
www.bizjournals.com - January 22 at 5:28 PM
bizjournals.com logoGray Television thanks three top execs with $4 million (NYSE:GTN)
www.bizjournals.com - January 22 at 5:28 PM
marketexclusive.com logoHome SEC Filings GRAY TELEVISION, INC. (NYSE:GTN) Files An 8-K Results of Operations and Financial... - Market Exclusive (NYSE:GTN)
marketexclusive.com - January 21 at 5:28 PM
4-traders.com logoGray Television : Announces Proposed Refinancing Of Senior Credit Facility; Updates Guidance For 4th Quarter 2016 (NYSE:GTN)
www.4-traders.com - January 21 at 4:57 AM
us.rd.yahoo.com logoGray Announces Proposed Refinancing Of Senior Credit Facility; Updates Guidance For 4th Quarter 2016 (NYSE:GTN)
us.rd.yahoo.com - January 20 at 11:55 PM
moodys.com logoGray Television, Inc. -- Moody's assigns Ba1 to Gray's new revolver and Ba2 to new Term Loan in refinancing transaction (NYSE:GTN)
www.moodys.com - January 20 at 6:54 PM
biz.yahoo.com logoGRAY TELEVISION INC Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Princip (NYSE:GTN)
biz.yahoo.com - January 20 at 6:54 PM
News IconGray Television Reaches Long-Term Agreement With Dish - KWCH (NYSE:GTN)
www.kwch.com - January 19 at 7:18 PM

Social

What is Gray Television's stock symbol?

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

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

3 analysts have issued 12 month price objectives for Gray Television's shares. Their forecasts range from $16.00 to $18.00. On average, they expect Gray Television's share price to reach $17.00 in the next year.

When will Gray Television announce their earnings?

Gray Television is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

Who owns Gray Television stock?

Gray Television's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (4.34%), Whetstone Capital Advisors LLC (2.39%), State Street Corp (1.73%), Sound Point Capital Management LP (0.87%), Waratah Capital Advisors Ltd. (0.83%) and Federated Investors Inc. PA (0.61%). Company insiders that own Gray Television stock include Harriett J Robinson, Hilton H Howell Jr, Hugh Norton and T L Elder.

Who sold Gray Television stock? Who is selling Gray Television stock?

Gray Television's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, AQR Capital Management LLC, ACT II Management LP, Federated Investors Inc. PA, Cipher Capital LP, Century Capital Management LLC, FMR LLC and Metropolitan Life Insurance Co. NY.

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 Sound Point Capital Management LP, Waratah Capital Advisors Ltd., SkyTop Capital Management LLC, Marshall Wace LLP, Russell Investments Group Ltd., Whetstone Capital Advisors LLC, Micawber Capital LLC and GSA Capital Partners LLP. Company insiders that have bought Gray Television stock in the last two years include Harriett J Robinson and Hilton H Howell Jr.

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.

How much does a share of Gray Television stock cost?

One share of Gray Television stock can currently be purchased for approximately $13.35.

Gray Television (NYSE:GTN) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Gray Television (NYSE:GTN)

Earnings History Chart

Earnings by Quarter for Gray Television (NYSE:GTN)

Dividend History Chart

Dividend Payments by Quarter for Gray Television (NYSE:GTN)

Last Updated on 2/25/2017 by MarketBeat.com Staff