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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NYSE:GTN

Gray Television Stock Forecast, Price & News

$16.63
-0.12 (-0.72 %)
(As of 01/21/2021 12:00 AM ET)
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Compare
Today's Range
$16.53
Now: $16.63
$17.05
50-Day Range
$16.67
MA: $17.76
$19.20
52-Week Range
$8.53
Now: $16.63
$22.83
Volume522,384 shs
Average Volume672,449 shs
Market Capitalization$1.60 billion
P/E Ratio7.14
Dividend YieldN/A
Beta2.06
Gray Television, Inc., a television broadcast company, owns and operates television stations and digital assets in the United States. The company also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, Circle, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, it is also involved in the video program production, marketing, and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios; and production of PowerNation programs and content. As of February 21, 2020, it owned and operated television stations in 93 television markets. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1897 and is headquartered in Atlanta, Georgia.
Gray Television logo

MarketRank

Overall MarketRank

1.84 out of 5 stars

Consumer Discretionary Sector

47th out of 572 stocks

Television Broadcasting Stations Industry

7th out of 28 stocks

Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryN/A
CUSIPN/A
Phone404-504-9828
Employees8,018

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.12 billion
Cash Flow$3.81 per share
Book Value$14.71 per share

Profitability

Net Income$179 million

Miscellaneous

Market Cap$1.60 billion
Next Earnings Date2/25/2021 (Estimated)
OptionableOptionable
$16.63
-0.12 (-0.72 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Gray Television (NYSE:GTN) Frequently Asked Questions

How has Gray Television's stock been impacted by COVID-19?

Gray Television's stock was trading at $11.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GTN shares have increased by 41.7% and is now trading at $16.63.
View which stocks have been most impacted by COVID-19
.

Is Gray Television a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Gray Television stock.
View analyst ratings for Gray Television
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Gray Television?

Wall Street analysts have given Gray Television a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gray Television wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as Gray Television's CEO?

6,978 employees have rated Gray Television CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Gray Television's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Gray Television's next earnings date?

Gray Television is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Gray Television
.

How were Gray Television's earnings last quarter?

Gray Television, Inc. (NYSE:GTN) issued its quarterly earnings results on Thursday, November, 5th. The company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.25. The company had revenue of $604 million for the quarter, compared to analysts' expectations of $581.88 million. Gray Television had a return on equity of 18.71% and a net margin of 12.91%. The business's quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.50 earnings per share.
View Gray Television's earnings history
.

What price target have analysts set for GTN?

3 analysts have issued 1 year target prices for Gray Television's shares. Their forecasts range from $20.00 to $25.00. On average, they expect Gray Television's stock price to reach $22.33 in the next year. This suggests a possible upside of 34.3% from the stock's current price.
View analysts' price targets for Gray Television
or view Wall Street analyst' top-rated stocks.

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), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T), Ford Motor (F), Horizon Therapeutics Public (HZNP), Micron Technology (MU) and NVIDIA (NVDA).

Who are Gray Television's key executives?

Gray Television's management team includes the following people:
  • Mr. Hilton Hatchett Howell Jr., Exec. Chairman & CEO (Age 58, Pay $3.64M)
  • Mr. Donald Patrick LaPlatney, Pres, Co-CEO & Director (Age 60, Pay $2.24M)
  • Mr. James C. Ryan, Exec. VP & CFO (Age 59, Pay $2.41M)
  • Mr. Robert Lawrence Smith, Exec. VP & COO of Local Media (Age 57, Pay $1.91M)
  • Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 49, Pay $2.5M)
  • Mr. Jackson S. Cowart IV, Sr. VP & Chief Accounting Officer
  • Mr. David Burke, Sr. VP & Chief Technology Officer
  • Ms. Charlie Effinger, VP of Corp. Devel.
  • Ms. Karen Youger, Sr. VP of Sales Operations
  • Ms. Meg Little, Group Director of Marketing & Client Services

What is Gray Television's stock symbol?

Gray Television trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTN."

Who are Gray Television's major shareholders?

Gray Television's stock is owned by many different institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.94%), Dalton Greiner Hartman Maher & Co. (0.03%), State of Alaska Department of Revenue (0.02%) and Exchange Traded Concepts LLC (0.02%). Company insiders that own Gray Television stock include Harriett J Robinson, Hilton H Howell Jr, Kevin Paul Latek and Robin Robinson Howell.
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 Dalton Greiner Hartman Maher & Co..
View insider buying and selling activity for Gray Television
or view top insider-selling stocks.

Which institutional investors are buying Gray Television stock?

GTN stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Exchange Traded Concepts LLC, and State of Alaska Department of Revenue. Company insiders that have bought Gray Television stock in the last two years include Harriett J Robinson, Hilton H Howell Jr, and Robin Robinson Howell.
View insider buying and selling activity for Gray Television
or or view top insider-buying stocks.

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 WeBull, 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 $16.63.

How big of a company is Gray Television?

Gray Television has a market capitalization of $1.60 billion and generates $2.12 billion in revenue each year. The company earns $179 million in net income (profit) each year or $1.27 on an earnings per share basis. Gray Television employs 8,018 workers across the globe.

What is Gray Television's official website?

The official website for Gray Television is 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.

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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