Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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Industry, Sector and Symbol
Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
Phone404-504-9828
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.08 billion
Profitability
Miscellaneous
Employees8,523
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable
Gray Television (NYSE:GTN) Frequently Asked Questions
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) posted its quarterly earnings results on Thursday, November, 7th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.21. The firm earned $517 million during the quarter, compared to the consensus estimate of $513.80 million. Gray Television had a return on equity of 16.93% and a net margin of 8.56%. The firm's quarterly revenue was up 85.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share. View Gray Television's Earnings History.
When is Gray Television's next earnings date?
What price target have analysts set for GTN?
6 equities research analysts have issued 1-year target prices for Gray Television's stock. Their forecasts range from $21.00 to $27.00. On average, they expect Gray Television's stock price to reach $24.25 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View Analyst Price Targets for Gray Television.
What is the consensus analysts' recommendation for Gray Television?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gray Television.
What are Wall Street analysts saying about Gray Television stock?
Here are some recent quotes from research analysts about Gray Television stock:
- 1. According to Zacks Investment Research, "Gray Television is a communications company headquartered in Atlanta, Georgia, and currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers. " (11/14/2019)
- 2. Benchmark Co. analysts commented, "We model EBITDA margin improvement (of 590bps) to -4.6%, in line with midpoint of guide (-5.5-3.5%)." (5/9/2019)
Has Gray Television been receiving favorable news coverage?
Headlines about GTN stock have trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gray Television earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Gray Television.
Are investors shorting Gray Television?
Gray Television saw a decline in short interest in October. As of October 31st, there was short interest totalling 4,870,000 shares, a decline of 12.9% from the September 30th total of 5,590,000 shares. Based on an average trading volume of 793,900 shares, the days-to-cover ratio is currently 6.1 days. Approximately 5.4% of the shares of the stock are short sold. View Gray Television's Current Options Chain.
Who are some of Gray Television's key competitors?
Some companies that are related to Gray Television include Grupo Televisa SAB (TV), Nexstar Media Group (NXST), Tribune (TRCO), Sinclair Broadcast Group (SBGI), PROSIEBENSAT 1/ADR (PBSFY), TEGNA (TGNA), Television Francaise 1 (TVFCF), Gray Television (GTN.A), E. W. Scripps (SSP), Central European Media Enterprises (CETV), Liberty Braves Group Series A (BATRA), Entravision Communication (EVC) and Phoenix New Media (FENG).
What other stocks do shareholders of Gray Television own?
Who are Gray Television's key executives?
Gray Television's management team includes the folowing people:
- Mr. Hilton Hatchett Howell Jr., Exec. Chairman & CEO (Age 57)
- Mr. James C. Ryan, Exec. VP & CFO (Age 58)
- Mr. Robert Lawrence Smith, Exec. VP & COO (Age 56)
- Mr. Kevin Nichols-Craig Waller, Exec. VP & Chief Admin. Officer (Age 65)
- Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 48)
Who are Gray Television's major shareholders?
Gray Television's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.58%), Copper Rock Capital Partners LLC (1.10%), Hillcrest Asset Management LLC (0.71%), Peregrine Capital Management LLC (0.32%), Skylands Capital LLC (0.29%) and Hancock Whitney Corp (0.28%). Company insiders that own Gray Television stock include Harriett J Robinson, Hilton H Howell Jr and Kevin Paul Latek. View Institutional Ownership Trends for Gray Television.
Which major investors are selling Gray Television stock?
GTN stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Peregrine Capital Management LLC, Hancock Whitney Corp, First Trust Advisors LP, SG Americas Securities LLC, Hillcrest Asset Management LLC, Meeder Asset Management Inc. and Zurcher Kantonalbank Zurich Cantonalbank. View Insider Buying and Selling for Gray Television.
Which major investors are buying Gray Television stock?
GTN stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Waratah Capital Advisors Ltd., Russell Investments Group Ltd., Adirondack Research & Management Inc., Skylands Capital LLC and Denali Advisors LLC. 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 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Gray Television's stock price today?
One share of GTN stock can currently be purchased for approximately $19.41.
How big of a company is Gray Television?
Gray Television has a market capitalization of $1.96 billion and generates $1.08 billion in revenue each year. The company earns $210.80 million in net income (profit) each year or $2.43 on an earnings per share basis. Gray Television employs 8,523 workers across the globe.View Additional Information About Gray Television.
What is Gray Television's official website?
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.
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 GTN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GTN will underperform the S&P 500 over the long term. You may vote once every thirty days.
