NYSE:GTN - Gray Television Stock Price, Forecast & News

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

Gray Television, Inc. (NYSE:GTN) issued its quarterly earnings data on Thursday, November, 7th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.21. The company had revenue of $517 million for the quarter, compared to analysts' expectations of $513.80 million. Gray Television had a net margin of 8.56% and a return on equity of 16.93%. Gray Television's revenue for the quarter was up 85.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 earnings per share. View Gray Television's Earnings History.

Gray Television is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Gray Television.

Gray Television will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Gray Television updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$549-558 million, compared to the consensus revenue estimate of $$561.11 million.

5 brokers have issued 1-year target prices for Gray Television's stock. Their forecasts range from $21.00 to $30.00. On average, they expect Gray Television's share price to reach $25.25 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price. View Analyst Price Targets for Gray Television.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gray Television.

Media coverage about GTN stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gray Television earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Gray Television.

Gray Television saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 4,100,000 shares, a drop of 8.1% from the January 15th total of 4,460,000 shares. Based on an average daily volume of 694,000 shares, the short-interest ratio is currently 5.9 days. Approximately 4.6% of the shares of the company are short sold. View Gray Television's Current Options Chain.

Some companies that are related to Gray Television include Grupo Televisa SAB (TV), Nexstar Media Group (NXST), Tribune (TRCO), TEGNA (TGNA), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A), Television Francaise 1 (TVFCF), Central European Media Enterprises (CETV), E. W. Scripps (SSP), Liberty Braves Group Series A (BATRA), Entravision Communication (EVC) and Phoenix New Media (FENG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gray Television investors own include Opko Health (OPK), TherapeuticsMD (TXMD), AT&T (T), bluebird bio (BLUE), Netflix (NFLX), Activision Blizzard (ATVI), Metlife (MET), Horizon Therapeutics (HZNP), Walt Disney (DIS) and Energy Transfer LP Unit (ET).

Gray Television's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (5.59%), Goldman Sachs Group Inc. (2.00%), State Street Corp (1.84%), Vaughan Nelson Investment Management L.P. (1.72%), Bank of New York Mellon Corp (1.70%) and Victory Capital Management Inc. (1.56%). Company insiders that own Gray Television stock include Harriett J Robinson and Hilton H Howell Jr. View Institutional Ownership Trends for Gray Television.

GTN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., Penn Capital Management Co. Inc., AQR Capital Management LLC, Hussman Strategic Advisors Inc., Blueshift Asset Management LLC, Hancock Whitney Corp and Panagora Asset Management Inc.. View Insider Buying and Selling for Gray Television.

GTN stock was acquired by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Man Group plc, Vaughan Nelson Investment Management L.P., Schonfeld Strategic Advisors LLC, American Financial Group Inc., Bank of New York Mellon Corp, Stifel Financial Corp and California Public Employees Retirement System. 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.

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.

One share of GTN stock can currently be purchased for approximately $20.30.

Gray Television has a market capitalization of $2.04 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.

The official website for Gray Television is http://www.gray.tv/.

Gray Television's mailing address is 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319. The company can be reached via phone at 404-504-9828.