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 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $0.21. The business had revenue of $517 million for the quarter, compared to analyst estimates of $513.80 million. Gray Television had a return on equity of 16.93% and a net margin of 8.56%. The firm's revenue was up 85.3% on a year-over-year basis. During the same period last year, the company earned $0.70 EPS. 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 issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (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 equities research analysts have issued twelve-month price objectives 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 year. This suggests a possible upside of 15.7% 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 been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Gray Television earned a news impact score of 0.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Gray Television.

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), E. W. Scripps (SSP), Central European Media Enterprises (CETV), 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), bluebird bio (BLUE), Horizon Therapeutics (HZNP), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Allergan (AGN), AT&T (T), Ford Motor (F) and Groupon (GRPN).

Gray Television's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (1.15%), Peregrine Capital Management LLC (0.32%), Ingalls & Snyder LLC (0.08%), Wiley BROS. Aintree Capital LLC (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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 Ingalls & Snyder LLC, Wiley BROS. Aintree Capital LLC and Peregrine Capital Management LLC. View Insider Buying and Selling for Gray Television.

GTN stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $21.83.

Gray Television has a market capitalization of $2.19 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.