NYSE:GTN Gray Television Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gray Television, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $17.58 +0.69 (+4.09%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$16.75▼$17.6150-Day Range$16.89▼$20.5252-Week Range$16.25▼$25.24Volume1.03 million shsAverage Volume787,667 shsMarket Capitalization$1.68 billionP/E Ratio27.47Dividend Yield1.89%Price Target$29.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Gray Television Stock Forecast (MarketRank)Analyst RatingBuy3.00 Rating ScoreUpside/Downside68.8% Upside$29.67 Price TargetShort InterestBearish10.54% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.74Upright™ Environmental ScoreNews Sentiment0.14Based on 4 Articles This WeekInsider TradingSelling Shares$1.83 M Sold Last QuarterProj. Earnings Growth-34.16%From $5.27 to $3.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.71 out of 5 starsConsumer Discretionary Sector27th out of 405 stocksTelevision Broadcasting Stations Industry1st out of 21 stocks 3.5 Analyst's Opinion Consensus RatingGray Television has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.67, Gray Television has a forecasted upside of 68.8% from its current price of $17.58.Amount of Analyst CoverageGray Television has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.54% 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 8.9.Change versus previous monthShort interest in Gray Television has recently increased by 25.39%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldGray Television pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGray Television has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Gray Television is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Gray Television will have a dividend payout ratio of 9.22% next year. This indicates that Gray Television will be able to sustain or increase its dividend. Previous Next 2.3 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 1.7 News and Social Media Coverage News SentimentGray Television has a news sentiment score of 0.14. 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 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Gray Television this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for GTN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Gray Television to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gray Television insiders have sold 2,863.52% more of their company's stock than they have bought. Specifically, they have bought $61,591.00 in company stock and sold $1,825,261.00 in company stock.Percentage Held by InsidersOnly 4.80% of the stock of Gray Television is held by insiders.Percentage Held by Institutions75.11% of the stock of Gray Television is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Gray Television are expected to decrease by -34.16% in the coming year, from $5.27 to $3.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gray Television is 27.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 62.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Gray Television is 27.47, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.57.Price to Earnings Growth RatioGray Television has a PEG Ratio of 0.33. 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 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Gray Television (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, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 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 News HeadlinesJune 29, 2022 | finance.yahoo.comBRAD MOSES NAMED THE NEW GENERAL MANAGER OF WTVG (ABC) IN TOLEDO, OHIOJune 27, 2022 | finance.yahoo.comAMC Networks (AMCX) Stock Jumps 7.2%: Will It Continue to Soar?June 24, 2022 | americanbankingnews.comGray Television (NYSE:GTN) Upgraded to "Hold" by StockNews.comJune 18, 2022 | money.usnews.comGray Television, Inc.June 17, 2022 | americanbankingnews.comStockNews.com Downgrades Gray Television (NYSE:GTN) to SellJune 15, 2022 | finance.yahoo.comTV station KMOV buys studio building in Maryland Heights, will move from downtownJune 13, 2022 | nasdaq.comNew 52-Week Low Could Prompt More Insider Buying At GTNJune 10, 2022 | nasdaq.comEx-Dividend Reminder: Macy's, Travel + Leisure and Gray TelevisionJune 5, 2022 | finance.yahoo.comGray Television's (NYSE:GTN) Dividend Will Be US$0.08June 3, 2022 | finance.yahoo.comPowerNation Studios and Nashville Superspeedway present POWER NATIONALS Labor Day Weekend 2022June 2, 2022 | finance.yahoo.comGRAY NAMES CHRIS FEDELE AS GENERAL MANAGER OF WPTA-TV AND WISE-TV IN FT. WAYNE, INDIANAJune 2, 2022 | finance.yahoo.com'A win not only for Doraville, but for metro Atlanta:' NBCUniversal Media to manage Gray TV's Assembly StudiosMay 27, 2022 | finance.yahoo.comGray Television (NYSE:GTN.A) Has Re-Affirmed Its Dividend Of US$0.08May 26, 2022 | finance.yahoo.comGray’s InvestigateTV Announces Two Additions to Reporting TeamMay 24, 2022 | finance.yahoo.comCan Gray Television (GTN) Climb 46% to Reach the Level Wall Street Analysts Expect?May 9, 2022 | finance.yahoo.comGray Television (NYSE:GTN) Has Announced A Dividend Of US$0.08May 4, 2022 | finance.yahoo.comGray Television and Telemundo Atlanta's partnership got even bigger. Here's howApril 27, 2022 | finance.yahoo.comZacks.com featured highlights TotalEnergies, Signet Jewelers, Vishay Intertechnology and Gray TelevisionApril 27, 2022 | finance.yahoo.comZacks.com featured highlights TotalEnergies, Signet Jewelers, Vishay Intertechnology and Gray TelevisionApril 26, 2022 | finance.yahoo.comPick These 4 Low P/CF Stocks to Beat Market VolatilityApril 21, 2022 | finance.yahoo.comNAB’s Leadership Foundation Selects Five Gray Television Stations As Finalists for 2022 Service to America AwardsApril 13, 2022 | finance.yahoo.comJohn O’Brien Named General Manager of WAVE3 in Louisville, KentuckyMarch 31, 2022 | finance.yahoo.comGRAY SETS DATE FOR FIRST QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALLMarch 23, 2022 | nasdaq.comWall Street Analysts Think Gray Television (GTN) Could Surge 25%: Read This Before Placing a BetMarch 10, 2022 | finance.yahoo.comGray Announces Management ChangesSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Television broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:GTN CUSIPN/A CIK43196 Webwww.gray.tv Phone(404) 266-8333Fax404-261-9607Employees8,993Year FoundedN/ACompany Calendar Last Earnings5/06/2022Ex-Dividend for 6/30 Dividend6/14/2022Dividend Payable6/30/2022Today7/02/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$29.67 High Stock Price Forecast$33.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+68.8%Consensus RatingBuy Rating Score (0-4)3 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.639990 Trailing P/E Ratio27.47 Forward P/E Ratio3.34 P/E Growth0.33Net Income$90 million Net Margins4.19% Pretax Margin7.31% Return on Equity6.38% Return on Assets1.28% Debt Debt-to-Equity Ratio3.74 Current Ratio2.80 Quick Ratio2.80 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.69 Cash Flow$4.04 per share Price / Cash Flow4.35 Book Value$18.50 per share Price / Book0.95Miscellaneous Outstanding Shares95,304,000Free Float90,729,000Market Cap$1.68 billion OptionableOptionable Beta1.73 Gray Television Frequently Asked Questions Should I buy or sell Gray Television stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Gray Television stock. View analyst ratings for Gray Television or view top-rated stocks. What is Gray Television's stock price forecast for 2022? 2 Wall Street research analysts have issued 1 year price objectives for Gray Television's shares. Their GTN stock forecasts range from $28.00 to $33.00. On average, they predict Gray Television's stock price to reach $29.67 in the next twelve months. This suggests a possible upside of 68.8% from the stock's current price. View analysts' price targets for Gray Television or view top-rated stocks among Wall Street analysts. How has Gray Television's stock performed in 2022? Gray Television's stock was trading at $20.16 at the beginning of 2022. Since then, GTN shares have decreased by 12.8% and is now trading at $17.58. View the best growth stocks for 2022 here. Are investors shorting Gray Television? Gray Television saw a increase in short interest in June. As of June 15th, there was short interest totaling 8,100,000 shares, an increase of 25.4% from the May 31st total of 6,460,000 shares. Based on an average daily trading volume, of 909,200 shares, the short-interest ratio is currently 8.9 days. Approximately 10.5% of the company's stock are sold short. View Gray Television's Short Interest. When is Gray Television's next earnings date? Gray Television is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Gray Television. How were Gray Television's earnings last quarter? Gray Television, Inc. (NYSE:GTN) announced its earnings results on Friday, May, 6th. The company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.27. The business earned $827 million during the quarter, compared to the consensus estimate of $805.23 million. Gray Television had a trailing twelve-month return on equity of 6.38% and a net margin of 4.19%. The company's quarterly revenue was up 52.0% on a year-over-year basis. During the same quarter last year, the company posted $0.27 EPS. View Gray Television's earnings history. How often does Gray Television pay dividends? What is the dividend yield for Gray Television? Gray Television declared a quarterly dividend on Friday, May 6th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.08 per share on Thursday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Tuesday, June 14th. View Gray Television's dividend history. Is Gray Television a good dividend stock? Gray Television(NYSE:GTN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.89%. Gray Television does not yet have a strong track record of dividend growth. The dividend payout ratio of Gray Television is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Gray Television will have a dividend payout ratio of 9.22% next year. This indicates that Gray Television will be able to sustain or increase its dividend. View Gray Television's dividend history. What guidance has Gray Television issued on next quarter's earnings? Gray Television updated its second quarter 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $846.00 million-$864.00 million, compared to the consensus revenue estimate of $824.22 million. Who are Gray Television's key executives? Gray Television's management team includes the following people: Mr. Hilton Hatchett Howell Jr., Exec. Chairman & CEO (Age 60, Pay $3.2M)Mr. Donald Patrick LaPlatney, Pres, Co-CEO & Director (Age 62, Pay $4.66M)Mr. James C. Ryan, Exec. VP & CFO (Age 61, Pay $3.67M)Mr. Robert Lawrence Smith, Exec. VP & COO (Age 59, Pay $3.33M)Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 51, Pay $3.73M)Mr. Jackson S. Cowart IV, Sr. VP & Chief Accounting OfficerMr. David Burke, Sr. VP & Chief Technology OfficerMs. Charlie Effinger, VP of Corp. Devel.Ms. Karen Youger, Sr. VP of Sales OperationsMs. Meg Little, Group Director of Marketing & Client Services What is Hilton H. Howell, Jr.'s approval rating as Gray Television's CEO? 63 employees have rated Gray Television CEO Hilton H. Howell, Jr. on Glassdoor.com. Hilton H. Howell, Jr. has an approval rating of 57% among Gray Television'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 some of Gray Television's key competitors? Some companies that are related to Gray Television include TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), ProSiebenSat.1 Media (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A), E.W. Scripps (SSP), Entravision Communications (EVC), The Liberty Braves Group (BATRA), Phoenix New Media (FENG), CTN Media Group (UCTN), Television Broadcasts (TVBCY), Télévision Française 1 Société anonyme (TVFCF) and Pegasus Companies (PEGX). View all of GTN's competitors. What other stocks do shareholders of Gray Television own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gray Television investors own include OPKO Health (OPK), TherapeuticsMD (TXMD), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T), Ford Motor (F), Horizon Therapeutics Public (HZNP), Micron Technology (MU) and NVIDIA (NVDA). What is Gray Television's stock symbol? Gray Television trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTN." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gray Television's stock price today? One share of GTN stock can currently be purchased for approximately $17.58. How much money does Gray Television make? Gray Television (NYSE:GTN) has a market capitalization of $1.68 billion and generates $2.41 billion in revenue each year. The company earns $90 million in net income (profit) each year or $0.639990 on an earnings per share basis. How many employees does Gray Television have? Gray Television employs 8,993 workers across the globe. How can I contact Gray Television? Gray Television's mailing address is 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319. The official website for Gray Television is www.gray.tv. The company can be reached via phone at (404) 266-8333 or via fax at 404-261-9607. 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