NYSE:GTN

Gray Television Stock Forecast, Price & News

$19.74
+0.39 (+2.02 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$19.30
Now: $19.74
$19.84
50-Day Range
$17.83
MA: $19.30
$20.66
52-Week Range
$9.44
Now: $19.74
$21.22
Volume521,446 shs
Average Volume640,854 shs
Market Capitalization$1.88 billion
P/E Ratio8.47
Dividend Yield1.65%
Beta2.06
Gray Television, Inc., a television broadcast company, owns and/or 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 Power Nation programs and content. It owns and operates television stations and digital properties in 94 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

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryN/A
CUSIPN/A
Phone404-504-9828
Employees7,017
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.12 billion
Cash Flow$4.53 per share
Book Value$14.71 per share

Profitability

Net Income$179 million

Miscellaneous

Market Cap$1.88 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

3 TV And Radio Stocks Broadcast Their Growth
March 24, 2021 |  marketbeat.com
Envy Gaming raises $40M in investment round
March 11, 2021 |  reuters.com
Gray Television Inc (GTN) Q4 2020 Earnings Call Transcript
February 25, 2021 |  finance.yahoo.com
GRAY NAMES STERLING SPAINHOUR TO ITS BOARD OF DIRECTORS
February 25, 2021 |  finance.yahoo.com
Gray Television, Inc. to Host Earnings Call
February 25, 2021 |  finance.yahoo.com
GRAY INITIATES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
February 25, 2021 |  finance.yahoo.com
GRAY TO ACQUIRE QUINCY MEDIA, INC. FOR $925 MILLION
February 1, 2021 |  finance.yahoo.com
Gray Television To Acquire Quincy Media - Quick Facts
February 1, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

2.14 out of 5 stars

Consumer Discretionary Sector

18th out of 572 stocks

Television Broadcasting Stations Industry

2nd out of 28 stocks

Analyst Opinion: 2.5Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$19.74
+0.39 (+2.02 %)
(As of 04/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Gray Television (NYSE:GTN) Frequently Asked Questions

Is Gray Television a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last year. 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 top-rated stocks.

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.

Are investors shorting Gray Television?

Gray Television saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,620,000 shares, a drop of 17.8% from the February 28th total of 1,970,000 shares. Based on an average daily trading volume, of 658,000 shares, the short-interest ratio is currently 2.5 days. Approximately 2.1% of the shares of the company are sold short.
View Gray Television's Short Interest
.

When is Gray Television's next earnings date?

Gray Television is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Gray Television
.

How can I listen to Gray Television's earnings call?

Gray Television will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Gray Television's earnings last quarter?

Gray Television, Inc. (NYSE:GTN) announced its earnings results on Thursday, February, 25th. The company reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.31. The firm had revenue of $792 million for the quarter, compared to analysts' expectations of $748.40 million. Gray Television had a trailing twelve-month return on equity of 18.71% and a net margin of 12.91%.
View Gray Television's earnings history
.

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

Gray Television's stock was trading at $11.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GTN shares have increased by 68.1% and is now trading at $19.74.
View which stocks have been most impacted by COVID-19
.

How often does Gray Television pay dividends? What is the dividend yield for Gray Television?

Gray Television announced a quarterly dividend on Friday, February 26th. Stockholders of record on Monday, March 15th will be given a dividend of $0.08 per share on Wednesday, March 31st. This represents a $0.32 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Friday, March 12th.
View Gray Television's dividend history
.

Is Gray Television a good dividend stock?

Gray Television pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.65%. Gray Television does not yet have a strock track record of dividend growth. The dividend payout ratio of Gray Television is 25.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Gray Television will have a dividend payout ratio of 21.92% next year. This indicates that Gray Television will be able to sustain or increase its dividend.
View Gray Television's dividend history.

What price target have analysts set for GTN?

3 brokerages have issued twelve-month price targets for Gray Television's stock. Their forecasts range from $20.00 to $25.00. On average, they expect Gray Television's share price to reach $22.33 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price.
View analysts' price targets for Gray Television
or view top-rated stocks among Wall Street analysts.

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 59, Pay $3.64M)
  • Mr. Donald Patrick LaPlatney, Pres, Co-CEO & Director (Age 61, Pay $2.24M)
  • Mr. James C. Ryan, Exec. VP & CFO (Age 60, Pay $2.41M)
  • Mr. Robert Lawrence Smith, Exec. VP & COO of Local Media (Age 58, Pay $1.91M)
  • Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 50, 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 Hilton H. Howell, Jr.'s approval rating as Gray Television's CEO?

63 employees have rated Gray Television CEO Hilton H. Howell, Jr. on Glassdoor.com. Hilton H. Howell, Jr. has an approval rating of 57% among Gray Television's employees. This puts Hilton H. Howell, Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (4.32%), State of Alaska Department of Revenue (0.03%) and Dalton Greiner Hartman Maher & Co. (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 major investors are selling Gray Television stock?

GTN stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, and Dalton Greiner Hartman Maher & Co..
View insider buying and selling activity for Gray Television
or view top insider-selling stocks.

Which major investors are buying Gray Television stock?

GTN stock was acquired by a variety of institutional investors in the last quarter, including 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.
Compare Top Brokerages Here.

What is Gray Television's stock price today?

One share of GTN stock can currently be purchased for approximately $19.74.

How much money does Gray Television make?

Gray Television has a market capitalization of $1.88 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.

How many employees does Gray Television have?

Gray Television employs 7,017 workers across the globe.

What is Gray Television's official website?

The official website for Gray Television is www.gray.tv.

Where are Gray Television's headquarters?

Gray Television is headquartered at 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319.

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 4/16/2021 by MarketBeat.com Staff
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