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 data on Thursday, November, 7th. The company reported $0.46 EPS for the quarter, topping the 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 net margin of 8.56% and a return on equity of 16.93%. Gray Television's quarterly revenue 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 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 12-month price objectives for Gray Television's shares. 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 twelve months. This suggests a possible upside of 11.8% 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.

News coverage about GTN stock has been trending positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gray Television earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. 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), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Allergan (AGN), Ford Motor (F), Groupon (GRPN) and Micron Technology (MU).

Gray Television's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Copper Rock Capital Partners LLC (1.15%), Peregrine Capital Management LLC (0.32%), Ingalls & Snyder LLC (0.08%) and Wiley BROS. Aintree Capital LLC (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 acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners 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.

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 $22.58.

Gray Television has a market capitalization of $2.27 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.