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) posted its quarterly earnings results on Thursday, November, 7th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.25 by $0.21. The firm earned $517 million during the quarter, compared to analysts' expectations of $513.80 million. Gray Television had a return on equity of 16.93% and a net margin of 8.56%. The business's revenue for the quarter was up 85.3% on a year-over-year basis. During the same quarter last year, the firm earned $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 earnings per share 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 12-month price objectives for Gray Television's stock. Their forecasts range from $21.00 to $30.00. On average, they anticipate Gray Television's share price to reach $25.25 in the next year. This suggests a possible upside of 18.4% 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.

Headlines about GTN stock have trended extremely negative on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gray Television earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Gray Television.

Gray Television saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,100,000 shares, a decline 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 stock 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 retail and institutional investors. Top institutional shareholders 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 bought 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 $21.32.

Gray Television has a market capitalization of $2.14 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.