About Gray Television (NYSE:GTN)
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:
- Sector: Consumer Discretionary
- Industry: Broadcasting
- Sub-Industry: N/A
- Symbol: NYSE:GTN
- CUSIP: N/A
- Web: www.gray.tv
Capitalization:- Market Cap: $1.10354 billion
- Outstanding Shares: 71,635,000
Average Prices:- 50 Day Moving Avg: $14.92
- 200 Day Moving Avg: $14.09
- 52 Week Range: $7.00 - $16.70
P/E:- Trailing P/E Ratio: 9.64
- Foreward P/E Ratio: 9.12
- P/E Growth: 1.45
Sales & Book Value:- Annual Revenue: $872.25 million
- Price / Sales: 1.27
- Book Value: $7.99 per share
- Price / Book: 1.94
Profitability:- EBITDA: $332.14 million
- Net Margins: 13.38%
- Return on Equity: 17.32%
- Return on Assets: 3.12%
Debt:- Debt-to-Equity Ratio: 3.20%
- Current Ratio: 3.32%
- Quick Ratio: 3.32%
Misc:- Average Volume: 860,028 shs.
- Beta: 3.25
- 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 Tuesday, August, 8th. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The company had revenue of $226.70 million for the quarter, compared to analyst estimates of $221.05 million. Gray Television had a return on equity of 17.32% and a net margin of 13.38%. The company's quarterly revenue was up 15.3% compared to the same quarter last year. During the same period last year, the company earned $0.24 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?
5 brokers have issued 1-year target prices for Gray Television's shares. Their forecasts range from $17.00 to $20.00. On average, they expect Gray Television's stock price to reach $18.60 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 La Quinta Holdings (LQ), Deckers Outdoor Corporation (DECK), Corus Entertainment (CJREF), Central Garden & Pet Company (CENT), Eldorado Resorts (ERI), Masonite International Corporation (DOOR), THOMAS COOK GRP (TCKGY), AMC Entertainment Holdings (AMC), Caesars Entertainment Corporation (CZR), International Speedway Corporation (ISCA), World Wrestling Entertainment (WWE), NutriSystem (NTRI), Monro Muffler Brake (MNRO), Capcom Co. (CCOEY), Emerald Expositions Events (EEX), American Woodmark Corporation (AMWD), MSG Networks (MSGN) and E.W. Scripps Company (The) (SSP).
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 Robinson Howell, Director
- Elizabeth Russell Neuhoff, Director
- Harriett J. Robinson, Director
Who owns Gray Television stock?
Gray Television's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Skylands Capital LLC (0.07%) and Eqis Capital Management Inc. (0.02%). 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 bought Gray Television stock? Who is buying Gray Television stock?
Gray Television's stock was purchased by a variety of institutional investors in the last quarter, including Skylands Capital LLC and Eqis Capital Management Inc.. 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 $15.50.
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 |
|---|
| 8/8/2017 | Q2 2017 | $0.25 | $0.28 | $221.05 million | $226.70 million | View | Listen |  |
| 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: $0.81
2018 EPS Consensus Estimate: $1.70
| 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 | $0.21 | $0.21 | $0.21 |
| Q4 2017 | 1 | $0.27 | $0.27 | $0.27 |
| Q1 2018 | 1 | $0.26 | $0.26 | $0.26 |
| Q2 2018 | 1 | $0.45 | $0.45 | $0.45 |
| Q3 2018 | 1 | $0.39 | $0.39 | $0.39 |
| Q4 2018 | 1 | $0.60 | $0.60 | $0.60 |
(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: 81.35%
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 Changes Time For Third Quarter Earnings Conference Call To 11:00 A.M. (Eastern) On Monday, November 6, 2017
finance.yahoo.com - October 20 at 8:52 PM |
| Gray Sets Date For Third Quarter Earnings Release And Earnings Conference Call
finance.yahoo.com - October 19 at 8:01 PM |
 | How The Pieces Add Up: PBS Headed For $31
www.nasdaq.com - October 17 at 8:00 PM |
 | Gray Television (GTN) vs. Liberty Media Corporation (LSXMA) Head-To-Head Comparison
www.americanbankingnews.com - October 12 at 12:56 PM |
| Gray Television, Inc. (GTN) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 8 at 7:34 AM |
| Head-To-Head Contrast: Gray Television (GTN) & The Competition
www.americanbankingnews.com - October 7 at 2:22 PM |
| Head-To-Head Review: Gray Television (GTN) and The Competition
www.americanbankingnews.com - October 7 at 10:28 AM |
| Here's Why Sirius XM (SIRI) is Upgraded to Hold for Now
finance.yahoo.com - October 4 at 1:28 PM |
| Head-To-Head Comparison: Gray Television (GTN) and Its Rivals
www.americanbankingnews.com - October 4 at 12:22 AM |
 | 18 Stocks Moving In Tuesday's Pre-Market Session - Benzinga
www.benzinga.com - October 3 at 9:35 AM |
| CBS & Gray Television Extends Affiliate Station Agreement
finance.yahoo.com - October 3 at 9:34 AM |
| Gray Television, Inc. (GTN) Expected to Post Quarterly Sales of $219.30 Million
www.americanbankingnews.com - October 3 at 3:30 AM |
| Liberty Media Corporation (LSXMA) versus Gray Television (GTN) Financial Review
www.americanbankingnews.com - October 2 at 8:14 PM |
| CBS And Gray Television Renew Affiliations For All Of Gray's CBS Stations Nationwide
finance.yahoo.com - October 2 at 1:47 PM |
| Gray Television (GTN) & Its Rivals Critical Contrast
www.americanbankingnews.com - September 30 at 2:06 AM |
| Gray Television, Inc. (GTN) Rating Reiterated by Royal Bank Of Canada
www.americanbankingnews.com - September 27 at 5:32 PM |
| Gray Television (GTN) and Starz Acquisition (LCAPA) Financial Comparison
www.americanbankingnews.com - September 26 at 6:18 PM |
| Gray Television (GTN) versus Its Peers Head to Head Analysis
www.americanbankingnews.com - September 26 at 8:12 AM |
| 4 High Earnings Yield Stocks to Enhance Your Portfolio
www.nasdaq.com - September 22 at 1:17 PM |
| Contrasting Gray Television (GTN) & Its Rivals
www.americanbankingnews.com - September 21 at 12:22 AM |
| Stocks Showing Rising Market Leadership: Gray Television Earns 85 RS Rating
finance.yahoo.com - September 20 at 4:50 PM |
| Gray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : September 19, 2017
finance.yahoo.com - September 19 at 7:18 PM |
| Head-To-Head Comparison: Gray Television (GTN) versus The Competition
www.americanbankingnews.com - September 14 at 2:22 AM |
| $219.30 Million in Sales Expected for Gray Television, Inc. (GTN) This Quarter
www.americanbankingnews.com - September 14 at 1:08 AM |
| Gray Television, Inc. (GTN) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 13 at 8:05 AM |
| Critical Review: TiVo Corporation (TIVO) vs. Gray Television (GTN)
www.americanbankingnews.com - September 12 at 4:29 PM |
| Can World Wrestling Entertainment Keep the Bull Run Alive? - Nasdaq
www.nasdaq.com - September 11 at 7:48 PM |
| Can World Wrestling Entertainment Keep the Bull Run Alive?
finance.yahoo.com - September 11 at 7:48 PM |
| Investors' Radars Failed to Catch Gray Television (GTN), Has Yours?
finance.yahoo.com - September 10 at 6:07 AM |
| New Strong Buy Stocks for September 8th - Nasdaq
www.nasdaq.com - September 8 at 7:49 PM |
| Investors' Radars Failed to Catch Gray Television (GTN), Has Yours? - Nasdaq
www.nasdaq.com - September 8 at 7:49 PM |
| Analyzing Comcast Corporation (CMCSA) and Gray Television (GTN)
www.americanbankingnews.com - September 8 at 6:10 AM |
| Should Value Investors Consider Gray Television (GTN) Now? - Nasdaq
www.nasdaq.com - September 8 at 12:38 AM |
| Should Value Investors Consider Gray Television (GTN) Now?
finance.yahoo.com - September 6 at 3:57 AM |
| 5 Excellent Value Stocks Based on Low PEG Ratio - Nasdaq
www.nasdaq.com - August 30 at 4:45 PM |
| CBS Corp. (CBS) Inks a Deal to Buy Australia's Network Ten - Nasdaq
www.nasdaq.com - August 28 at 6:57 PM |
| Analysts Expect Gray Television, Inc. (GTN) to Announce $0.23 Earnings Per Share
www.americanbankingnews.com - August 25 at 12:58 PM |
| ETFs with exposure to Gray Television, Inc. : August 23, 2017
finance.yahoo.com - August 24 at 7:18 AM |
| Gray Television, Inc. breached its 50 day moving average in a Bearish Manner : GTN-US : August 21, 2017
finance.yahoo.com - August 21 at 6:39 PM |
| Comparing Gray Television (GTN) & Central European Media Enterprises (CETV)
www.americanbankingnews.com - August 14 at 4:31 PM |
| Sinclair Broadcast Group (SBGI) and Gray Television (GTN) Head-To-Head Analysis
www.americanbankingnews.com - August 14 at 8:42 AM |
| Barrington Research Analysts Lower Earnings Estimates for Gray Television, Inc. (GTN)
www.americanbankingnews.com - August 14 at 2:52 AM |
| FY2019 EPS Estimates for Gray Television, Inc. Raised by Barrington Research (GTN)
www.americanbankingnews.com - August 11 at 4:48 PM |
| Gray Television, Inc. :GTN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 1:30 AM |
| Gray Television (GTN) and Liberty Media Corporation (BATRK) Financial Comparison
www.americanbankingnews.com - August 10 at 10:42 AM |
| Benchmark Co. Raises Gray Television, Inc. (GTN) Price Target to $20.00
www.americanbankingnews.com - August 9 at 9:44 AM |
| Gray Television, Inc. (GTN) Expected to Post Quarterly Sales of $221.40 Million
www.americanbankingnews.com - August 9 at 7:46 AM |
| Investor Network: Gray Television, Inc. to Host Earnings Call
finance.yahoo.com - August 9 at 5:02 AM |
| Edited Transcript of GTN earnings conference call or presentation 8-Aug-17 1:00pm GMT
finance.yahoo.com - August 9 at 5:02 AM |
| CBS Corp (CBS) Beats on Q2 Earnings & Revenue Estimates - Yahoo Finance
finance.yahoo.com - August 9 at 12:02 AM |
Gray Television (GTN) Chart for Saturday, October, 21, 2017
