About Gray Television (NYSE:GTN)
Gray 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
- Market Cap: $1.12532 billion
- Outstanding Shares: 71,635,000
- 50 Day Moving Avg: $14.92
- 200 Day Moving Avg: $14.09
- 52 Week Range: $7.00 - $16.70
Sales & Book Value:
- Trailing P/E Ratio: 9.64
- Foreward P/E Ratio: 9.12
- P/E Growth: 1.45
- Annual Revenue: $872.25 million
- Price / Sales: 1.27
- Book Value: $7.99 per share
- Price / Book: 1.94
- EBITDA: $332.14 million
- Net Margins: 13.38%
- Return on Equity: 17.32%
- Return on Assets: 3.12%
- Debt-to-Equity Ratio: 3.20%
- Current Ratio: 3.32%
- Quick Ratio: 3.32%
- 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?
Some companies that are related to Gray Television include DeVry Education Group (ATGE), La Quinta Holdings (LQ), Deckers Outdoor Corporation (DECK), Central Garden & Pet Company (CENT), Masonite International Corporation (DOOR), Corus Entertainment (CJREF), Thomas Cook Grp (TCKGY), Eldorado Resorts (ERI), AMC Entertainment Holdings (AMC), Caesars Entertainment Corporation (CZR), International Speedway Corporation (ISCA), NutriSystem (NTRI), Monro Muffler Brake (MNRO), Capcom Co. (CCOEY), Emerald Expositions Events (EEX), American Woodmark Corporation (AMWD), MSG Networks (MSGN) and E.W. Scripps Company (The) (SSP).
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?
MarketBeat Community Rating for Gray Television (NYSE GTN)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.
One share of Gray Television stock can currently be purchased for approximately $15.50.
Earnings History for Gray Television (NYSE:GTN)Earnings History by Quarter for Gray Television (NYSE GTN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q2 2017||$0.25||$0.28||$221.05 million||$226.70 million||View||Listen|
|5/4/2017||Q1 2017||$0.07||$0.16||$194.68 million||$203.46 million||View||Listen|
|3/1/2017||Q416||$0.50||$0.49||$237.30 million||$237.62 million||View||Listen|
|11/8/2016||Q316||$0.41||$0.26||$220.35 million||$204.50 million||View||Listen|
|8/4/2016||Q216||$0.25||$0.24||$196.25 million||$196.60 million||View||Listen|
|5/9/2016||Q116||$0.10||$0.18||$178.05 million||$173.70 million||View||Listen|
|2/26/2016||Q415||$0.20||$0.21||$163.33 million||$169.50 million||View||Listen|
|11/3/2015||Q315||$0.13||$0.18||$145.65 million||$151.10 million||View||Listen|
|8/5/2015||Q215||$0.13||$0.17||$142.53 million||$143.50 million||View||Listen|
|5/5/2015||Q115||$0.04||$0.10||$130.27 million||$133.30 million||View||Listen|
|3/5/2015||Q414||$0.53||$0.53||$171.00 million||$177.90 million||View||Listen|
|11/5/2014||Q314||$0.25||$0.24||$129.80 million||$131.70 million||View||Listen|
|8/7/2014||Q214||$0.12||$0.03||$103.40 million||$107.20 million||View||Listen|
|5/8/2014||Q114||$0.01||$0.02||$91.60 million||$91.30 million||View||Listen|
|3/11/2014||Q413||$0.10||$0.07||$84.70 million||$95.60 million||View||Listen|
|11/7/2013||Q313||$0.12||$0.12||$88.20 million||$88.30 million||View||Listen|
|8/8/2013||Q2 2013||$0.09||$0.09||$85.17 million||$84.30 million||View||Listen|
|5/2/2013||Q1 2013||($0.01)||$0.02||$76.55 million||$78.17 million||View||Listen|
|2/20/2013||Q4 2012||$0.47||($0.05)||$124.68 million||$126.60 million||View||Listen|
Earnings Estimates for Gray Television (NYSE:GTN)
2017 EPS Consensus Estimate: $0.81
2018 EPS Consensus Estimate: $1.70
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Gray Television (NYSE:GTN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gray Television (NYSE:GTN)
Insider Ownership Percentage: 12.00%Insider Trades by Quarter for Gray Television (NYSE:GTN)
Institutional Ownership Percentage: 81.35%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2017||Richard Lee Boger||Director||Sell||7,000||$14.21||$99,470.00|| |
|12/29/2016||T L Elder||Director||Sell||2,960||$10.98||$32,500.80|| |
|11/16/2016||Harriett J Robinson||Director||Buy||6,100||$9.55||$58,255.00|| |
|11/15/2016||Hilton H Howell Jr||Vice Chairman||Buy||1,720||$8.98||$15,445.60|| |
|11/10/2016||Harriett J Robinson||Director||Buy||12,000||$7.62||$91,440.00|| |
|11/10/2016||Hilton H Howell Jr||Vice Chairman||Buy||1,600||$7.58||$12,128.00|| |
|7/14/2015||Hugh Norton||Director||Sell||7,500||$17.12||$128,400.00|| |
|9/9/2014||Howell Newton||Director||Sell||1,000||$9.53||$9,530.00|| |
|1/16/2014||Howell Newton||Director||Sell||3,000||$12.25||$36,750.00|| |
|12/10/2013||Hilton H Howell Jr||CEO||Buy||1,000||$10.69||$10,690.00|| |
|12/3/2013||Hilton H Howell Jr||CEO||Buy||1,000||$10.04||$10,040.00|| |
|11/27/2013||Hilton H Howell Jr||CEO||Buy||5,800||$10.61||$61,538.00|| |
|8/2/2013||J Mack Robinson||Major Shareholder||Buy||492,212||$8.00||$3,937,696.00|| |
|6/20/2013||Harriett J Robinson||Director||Buy||9,000||$6.97||$62,730.00|| |
|6/19/2013||J Mack Robinson||Major Shareholder||Buy||1,000||$7.08||$7,080.00|| |
|6/18/2013||Harriett J Robinson||Director||Buy||15,000||$6.94||$104,100.00|| |
|5/8/2013||T L Elder||Director||Sell||10,000||$6.53||$65,300.00|| |
Headline Trends for Gray Television (NYSE:GTN)
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Gray Television (GTN) Chart for Sunday, October, 22, 2017