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:
Capitalization:- Market Cap: $1.06 billion
- Outstanding Shares: 71,957,000
Average Prices:- 50 Day Moving Avg: $13.67
- 200 Day Moving Avg: $13.24
- 52 Week Range: $7.00 - $15.45
P/E:- Trailing P/E Ratio: 16.65
- Foreward P/E Ratio: 9.02
- P/E Growth: 2.48
Sales & Book Value:- Annual Revenue: $842.2 million
- Price / Sales: 1.26
- Book Value: $7.01 per share
- Price / Book: 2.11
Profitability:- EBIDTA: $317.79 million
- Net Margins: 5.16%
- Return on Equity: 8.45%
- Return on Assets: 1.52%
Debt:- Debt-to-Equity Ratio: 3.47%
- Current Ratio: 2.29%
- Quick Ratio: 2.29%
Misc:- Average Volume: 843,959 shs.
- Beta: 3.28
- 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 results on Thursday, May, 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.09. The business earned $203.46 million during the quarter, compared to analyst estimates of $194.68 million. Gray Television had a net margin of 5.16% and a return on equity of 8.45%. The business's revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 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?
4 analysts have issued 12 month price targets for Gray Television's stock. Their forecasts range from $16.00 to $19.00. On average, they anticipate Gray Television's share price to reach $17.67 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 Redrow plc (RDW), William Hill plc (WMH), Greene King plc (GNK), Sports Direct International Plc (SPD), Ann (ANN), Ryland Group (RYL), WH Smith Plc (SMWH), Cineworld Group plc (CINE), Travelport Worldwide Ltd (TVPT), Ocado Group PLC (OCDO), Rev Group (REVG), E. W. Scripps Co (SSP), Zpg Plc (ZPG), Thomas Cook Group plc (TCG), BCA Marketplace PLC (BCA), Millennium & Copthorne Hotels plc (MLC), At Home Group (HOME) and Crest Nicholson Holdings PLC (CRST).
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 R. 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 Russell Investments Group Ltd. (0.23%), Bank of Montreal Can (0.18%), James Investment Research Inc. (0.08%) and Skylands Capital LLC (0.06%). 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 sold Gray Television stock? Who is selling Gray Television stock?
Gray Television's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Gray Television stock in the last year include Richard Lee Boger and T L Elder. View Insider Buying and Selling for Gray Television.
Who bought Gray Television stock? Who is buying Gray Television stock?
Gray Television's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, James Investment Research Inc. and Skylands Capital 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 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?
One share of Gray Television stock can currently be purchased for approximately $14.80.
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.
Earnings History for Gray Television (NYSE:GTN)Earnings History by Quarter for Gray Television (NYSE GTN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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 | |
| 10/31/2012 | | $0.23 | $0.26 | | | View | N/A | |
| 8/3/2012 | | $0.17 | $0.17 | | | View | N/A | |
| 5/2/2012 | | | $0.04 | | | View | N/A | |
| 2/24/2012 | | $0.04 | $0.10 | | | View | N/A | |
| 11/4/2011 | | ($0.05) | ($0.07) | | | View | N/A | |
| 8/8/2011 | | $0.01 | $0.01 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Gray Television (NYSE:GTN)2017 EPS Consensus Estimate: $0.85
2018 EPS Consensus Estimate: $1.31
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.09 | $0.09 | $0.09 |
| Q2 2017 | 1 | $0.24 | $0.24 | $0.24 |
| Q3 2017 | 1 | $0.24 | $0.24 | $0.24 |
| Q4 2017 | 1 | $0.28 | $0.28 | $0.28 |
| Q1 2018 | 1 | $0.26 | $0.26 | $0.26 |
| Q2 2018 | 1 | $0.31 | $0.31 | $0.31 |
| Q3 2018 | 1 | $0.32 | $0.32 | $0.32 |
| Q4 2018 | 1 | $0.42 | $0.42 | $0.42 |
(Data provided by Zacks Investment Research)
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%
Institutional Ownership Percentage: 87.40%
Insider Trades by Quarter for Gray Television (NYSE:GTN)| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for Gray Television (NYSE:GTN)
Latest Headlines for Gray Television (NYSE:GTN)
| Source: |
|
| Date | Headline |
|---|
 | Gray Television, Inc. (NYSE:GTN) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 25 at 8:43 AM |
 | Forget Profit, Bet On 4 Stocks With Increasing Cash Flows
www.benzinga.com - July 21 at 1:17 AM |
| Q4 2017 EPS Estimates for Gray Television, Inc. Raised by Analyst (NYSE:GTN)
www.americanbankingnews.com - July 20 at 11:20 AM |
 | Netflix (NFLX) Jumps: Stock Rises 13.5%
finance.yahoo.com - July 19 at 7:56 PM |
| Gray Television, Inc. to Post Q3 2017 Earnings of $0.24 Per Share, Barrington Research Forecasts (NYSE:GTN)
www.americanbankingnews.com - July 19 at 11:34 AM |
| Reviewing Walt Disney Company (The) (DIS) & Gray Television (NYSE:GTN)
www.americanbankingnews.com - July 19 at 8:51 AM |
| Royal Bank Of Canada Analysts Give Gray Television, Inc. (NYSE:GTN) a $16.00 Price Target
www.americanbankingnews.com - July 18 at 5:31 PM |
 | Gray Sets Date For Second Quarter Earnings Release And Earnings Conference Call - PR Newswire (press release)
www.prnewswire.com - July 17 at 8:14 PM |
| Gray Sets Date For Second Quarter Earnings Release And Earnings Conference Call
finance.yahoo.com - July 17 at 8:14 PM |
 | Consumers Remain Confident: Buy These 5 Top-Rated Picks ... - Nasdaq
www.nasdaq.com - June 28 at 11:55 PM |
| Gray Television, Inc. (GTN) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 28 at 8:10 AM |
| Gray Television, Inc. – Value Analysis (NYSE:GTN) : June 27, 2017
finance.yahoo.com - June 27 at 5:45 PM |
| Gray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : June 26, 2017
finance.yahoo.com - June 26 at 7:18 PM |
| Noteworthy Tuesday Option Activity: GTN, LRCX, ORCL
www.nasdaq.com - June 20 at 6:23 PM |
| Tegna Shaping Up to Be Attractive Acquisition Target Following Court Ruling
finance.yahoo.com - June 20 at 6:22 PM |
| Daily Technical Summary Reports on TV Broadcasters Stocks -- Sinclair Broadcast, Scripps Networks Interactive, Gray ... - PR Newswire (press release)
www.prnewswire.com - June 19 at 12:45 PM |
| Gray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : June 14, 2017
finance.yahoo.com - June 14 at 11:53 AM |
| Why TEGNA (TGNA) Could Be Positioned for a Slump
www.nasdaq.com - June 12 at 6:21 PM |
| Gray Television (GTN) & Comcast (CMCSK) Financial Comparison
www.americanbankingnews.com - June 9 at 8:21 PM |
| ETFs with exposure to Gray Television, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 6:34 PM |
| Gray Names Four New General Managers
finance.yahoo.com - June 6 at 6:02 PM |
| Gray Television, Inc. (GTN) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 2 at 8:50 PM |
 | The Long Case For Gray Television
seekingalpha.com - June 1 at 11:24 PM |
| $220.34 Million in Sales Expected for Gray Television, Inc. (GTN) This Quarter
www.americanbankingnews.com - May 28 at 8:48 AM |
| $0.25 Earnings Per Share Expected for Gray Television, Inc. (GTN) This Quarter
www.americanbankingnews.com - May 26 at 4:32 PM |
| ETFs with exposure to Gray Television, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 5:12 PM |
| Gray Television, Inc. :GTN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 22, 2017
finance.yahoo.com - May 22 at 11:09 AM |
| FY2017 Earnings Estimate for Gray Television, Inc. (GTN) Issued By Barrington Research
www.americanbankingnews.com - May 10 at 9:59 AM |
| Gray Television, Inc. Expected to Post Q2 2017 Earnings of $0.24 Per Share (GTN)
www.americanbankingnews.com - May 9 at 7:24 AM |
| Gray Television, Inc. (GTN) Posts Earnings Results, Beats Estimates By $0.09 EPS
www.americanbankingnews.com - May 8 at 10:00 PM |
| Gray Television, Inc. (GTN) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 8 at 4:37 PM |
| Edited Transcript of GTN earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 8 at 8:17 AM |
| Gray Television's (GTN) CEO Hilton Howell on Q1 2017 Results ... - Seeking Alpha
seekingalpha.com - May 7 at 10:01 AM |
| Benchmark Co. Reiterates Buy Rating for Gray Television, Inc. (GTN)
www.americanbankingnews.com - May 5 at 10:06 AM |
 | Gray Television (GTN) Confirms Acquisition of WCAX-TV In Burlington, Vermont for $29M
www.streetinsider.com - May 4 at 10:45 PM |
| Gray Television (GTN) Confirms Acquisition of WCAX-TV In Burlington, Vermont for $29M - StreetInsider.com
www.streetinsider.com - May 4 at 5:43 PM |
| Gray To Acquire WCAX-TV In Burlington, Vermont
finance.yahoo.com - May 4 at 5:42 PM |
| Gray Television, Inc. – Value Analysis (NYSE:GTN) : May 4, 2017
finance.yahoo.com - May 4 at 5:42 PM |
| Gray Television posts 1Q profit - Yahoo Finance
finance.yahoo.com - May 4 at 8:09 AM |
| Gray Television posts 1Q profit
finance.yahoo.com - May 4 at 8:09 AM |
| Favorable Media Coverage Very Unlikely to Impact Gray Television (GTN) Share Price
www.americanbankingnews.com - May 3 at 6:26 PM |
| ETFs with exposure to Gray Television, Inc. : May 2, 2017
finance.yahoo.com - May 3 at 2:50 PM |
| Gray Television, Inc. breached its 50 day moving average in a Bearish Manner : GTN-US : May 3, 2017
finance.yahoo.com - May 3 at 2:50 PM |
| Gray Television, Inc. (GTN) Expected to Announce Earnings of $0.07 Per Share
www.americanbankingnews.com - May 3 at 8:14 AM |
| Gray Television (GTN) Getting Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 30 at 2:42 PM |
| Gray Television (GTN) Getting Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 27 at 10:54 AM |
| Somewhat Favorable Press Coverage Likely to Affect Gray Television (GTN) Stock Price
www.americanbankingnews.com - April 24 at 9:18 PM |
| Gray Television (GTN) Receiving Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 19 at 12:37 PM |
| Gray Television (GTN) Earns Media Impact Score of 0.22
www.americanbankingnews.com - April 16 at 12:17 PM |
| Gray Television, Inc. (GTN) Expected to Announce Quarterly Sales of $195.55 Million
www.americanbankingnews.com - April 14 at 3:02 PM |
Gray Television (GTN) Chart for Tuesday, July, 25, 2017
