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

$18.92
+0.88 (+4.88 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$17.52
Now: $18.92
$19.10
50-Day Range
$17.37
MA: $21.30
$22.59
52-Week Range
$13.60
Now: $18.92
$25.31
Volume1.66 million shs
Average Volume680,227 shs
Market Capitalization$1.90 billion
P/E Ratio14.90
Dividend YieldN/A
Beta2.06
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. Read More…

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone404-504-9828

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.12 billion
Cash Flow$3.81 per share
Book Value$13.38 per share

Profitability

Net Income$210.80 million

Miscellaneous

Employees8,523
Market Cap$1.90 billion
Next Earnings Date5/13/2020 (Estimated)
OptionableOptionable

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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, February, 27th. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.54 by $0.27. The business earned $579 million during the quarter, compared to analyst estimates of $555.78 million. Gray Television had a net margin of 7.82% and a return on equity of 16.41%. The company's quarterly revenue was up 76.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.00 EPS. View Gray Television's Earnings History.

When is Gray Television's next earnings date?

Gray Television is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Gray Television.

What guidance has Gray Television issued on next quarter's earnings?

Gray Television updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.375-2.425 billion, compared to the consensus revenue estimate of $2.36 billion.

What price target have analysts set for GTN?

5 brokerages have issued 1-year price targets for Gray Television's stock. Their forecasts range from $21.00 to $30.00. On average, they expect Gray Television's stock price to reach $25.25 in the next year. This suggests a possible upside of 33.5% from the stock's current price. View Analyst Price Targets for Gray Television.

What is the consensus analysts' recommendation 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.

Has Gray Television been receiving favorable news coverage?

Media stories about GTN stock have been trending very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing 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 five, with scores closest to five being the most favorable. Gray Television earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Gray Television.

Are investors shorting Gray Television?

Gray Television saw a decline in short interest during 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 trading volume, of 694,000 shares, the days-to-cover ratio is currently 5.9 days. Approximately 4.6% of the shares of the stock are sold short. View Gray Television's Current Options Chain.

Who are some of Gray Television's key 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), 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).

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 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.

Which institutional investors are selling Gray Television stock?

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.

Which institutional investors are buying Gray Television stock?

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.

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 $18.92.

How big of a company is Gray Television?

Gray Television has a market capitalization of $1.90 billion and generates $2.12 billion in revenue each year. The company earns $210.80 million in net income (profit) each year or $1.27 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?

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

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  365 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  648
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.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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