Gray Television Company Profile (NYSE:GTN)

About Gray Television (NYSE:GTN)

Gray Television logoGray 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: Cyclical Consumer Goods & Services
  • Industry: Broadcasting - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:GTN
  • CUSIP: N/A
  • Web: phx.corporate-ir.net/phoenix...
Capitalization:
  • Market Cap: $1.06 billion
  • Outstanding Shares: 71,957,000
Average Prices:
  • 50 Day Moving Avg: $13.67
  • 200 Day Moving Avg: $13.24
  • 52 Week Range: $7.00 - $15.45
P/E:
  • Trailing P/E Ratio: 16.65
  • Foreward P/E Ratio: 9.02
  • P/E Growth: 2.48
Sales & Book Value:
  • Annual Revenue: $842.2 million
  • Price / Sales: 1.26
  • Book Value: $7.01 per share
  • Price / Book: 2.11
Profitability:
  • EBIDTA: $317.79 million
  • Net Margins: 5.16%
  • Return on Equity: 8.45%
  • Return on Assets: 1.52%
Debt:
  • Debt-to-Equity Ratio: 3.47%
  • Current Ratio: 2.29%
  • Quick Ratio: 2.29%
Misc:
  • Average Volume: 843,959 shs.
  • Beta: 3.28
  • 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 Thursday, May, 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.09. The business earned $203.46 million during the quarter, compared to analyst estimates of $194.68 million. Gray Television had a net margin of 5.16% and a return on equity of 8.45%. The business's revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.12 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?

4 analysts have issued 12 month price targets for Gray Television's stock. Their forecasts range from $16.00 to $19.00. On average, they anticipate Gray Television's share price to reach $17.67 in the next year. View Analyst Ratings for Gray Television.

Who are some of Gray Television's key competitors?

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 R. Howell, Director
  • Elizabeth Russell Neuhoff, Director
  • Harriett J. Robinson, Director

Who owns Gray Television stock?

Gray Television's stock is owned by many different of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.23%), Bank of Montreal Can (0.18%), James Investment Research Inc. (0.08%) and Skylands Capital LLC (0.06%). 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 sold Gray Television stock? Who is selling Gray Television stock?

Gray Television's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Gray Television stock in the last year include Richard Lee Boger and T L Elder. View Insider Buying and Selling for Gray Television.

Who bought Gray Television stock? Who is buying Gray Television stock?

Gray Television's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, James Investment Research Inc. and Skylands Capital 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.

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 $14.80.


MarketBeat Community Rating for Gray Television (NYSE GTN)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  152
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.

Analyst Ratings

Consensus Ratings for Gray Television (NYSE:GTN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $17.67 (19.37% upside)

Analysts' Ratings History for Gray Television (NYSE:GTN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Royal Bank Of CanadaSet Price TargetBuy$16.00LowView Rating Details
5/15/2017Benchmark Co.Reiterated RatingBuy$19.00N/AView Rating Details
3/9/2017Singular ResearchBoost Price TargetBuy -> Buy$12.00 -> $18.00LowView Rating Details
9/26/2016Wells Fargo & CompanyReiterated RatingBuyN/AView Rating Details
11/18/2015StephensInitiated CoverageOverweight$22.00N/AView Rating Details
(Data available from 7/25/2015 forward)

Earnings

Earnings History for Gray Television (NYSE:GTN)
Earnings by Quarter for Gray Television (NYSE:GTN)
Earnings History by Quarter for Gray Television (NYSE GTN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.07$0.16$194.68 million$203.46 millionViewListenView Earnings Details
3/1/2017Q416$0.50$0.49$237.30 million$237.62 millionViewListenView Earnings Details
11/8/2016Q316$0.41$0.26$220.35 million$204.50 millionViewListenView Earnings Details
8/4/2016Q216$0.25$0.24$196.25 million$196.60 millionViewListenView Earnings Details
5/9/2016Q116$0.10$0.18$178.05 million$173.70 millionViewListenView Earnings Details
2/26/2016Q415$0.20$0.21$163.33 million$169.50 millionViewListenView Earnings Details
11/3/2015Q315$0.13$0.18$145.65 million$151.10 millionViewListenView Earnings Details
8/5/2015Q215$0.13$0.17$142.53 million$143.50 millionViewListenView Earnings Details
5/5/2015Q115$0.04$0.10$130.27 million$133.30 millionViewListenView Earnings Details
3/5/2015Q414$0.53$0.53$171.00 million$177.90 millionViewListenView Earnings Details
11/5/2014Q314$0.25$0.24$129.80 million$131.70 millionViewListenView Earnings Details
8/7/2014Q214$0.12$0.03$103.40 million$107.20 millionViewListenView Earnings Details
5/8/2014Q114$0.01$0.02$91.60 million$91.30 millionViewListenView Earnings Details
3/11/2014Q413$0.10$0.07$84.70 million$95.60 millionViewListenView Earnings Details
11/7/2013Q313$0.12$0.12$88.20 million$88.30 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.09$0.09$85.17 million$84.30 millionViewListenView Earnings Details
5/2/2013Q1 2013($0.01)$0.02$76.55 million$78.17 millionViewListenView Earnings Details
2/20/2013Q4 2012$0.47($0.05)$124.68 million$126.60 millionViewListenView Earnings Details
10/31/2012$0.23$0.26ViewN/AView Earnings Details
8/3/2012$0.17$0.17ViewN/AView Earnings Details
5/2/2012$0.04ViewN/AView Earnings Details
2/24/2012$0.04$0.10ViewN/AView Earnings Details
11/4/2011($0.05)($0.07)ViewN/AView Earnings Details
8/8/2011$0.01$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gray Television (NYSE:GTN)
2017 EPS Consensus Estimate: $0.85
2018 EPS Consensus Estimate: $1.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.09$0.09$0.09
Q2 20171$0.24$0.24$0.24
Q3 20171$0.24$0.24$0.24
Q4 20171$0.28$0.28$0.28
Q1 20181$0.26$0.26$0.26
Q2 20181$0.31$0.31$0.31
Q3 20181$0.32$0.32$0.32
Q4 20181$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gray Television (NYSE:GTN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gray Television (NYSE:GTN)
Insider Ownership Percentage: 12.00%
Institutional Ownership Percentage: 87.40%
Insider Trades by Quarter for Gray Television (NYSE:GTN)
Institutional Ownership by Quarter for Gray Television (NYSE:GTN)
Insider Trades by Quarter for Gray Television (NYSE:GTN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/10/2017Richard Lee BogerDirectorSell7,000$14.21$99,470.00View SEC Filing  
12/29/2016T L ElderDirectorSell2,960$10.98$32,500.80View SEC Filing  
11/16/2016Harriett J RobinsonDirectorBuy6,100$9.55$58,255.00View SEC Filing  
11/15/2016Hilton H Howell JrVice ChairmanBuy1,720$8.98$15,445.60View SEC Filing  
11/10/2016Harriett J RobinsonDirectorBuy12,000$7.62$91,440.00View SEC Filing  
11/10/2016Hilton H Howell JrVice ChairmanBuy1,600$7.58$12,128.00View SEC Filing  
7/14/2015Hugh NortonDirectorSell7,500$17.12$128,400.00View SEC Filing  
9/9/2014Howell NewtonDirectorSell1,000$9.53$9,530.00View SEC Filing  
1/16/2014Howell NewtonDirectorSell3,000$12.25$36,750.00View SEC Filing  
12/10/2013Hilton H Howell JrCEOBuy1,000$10.69$10,690.00View SEC Filing  
12/3/2013Hilton H Howell JrCEOBuy1,000$10.04$10,040.00View SEC Filing  
11/27/2013Hilton H Howell JrCEOBuy5,800$10.61$61,538.00View SEC Filing  
8/2/2013J Mack RobinsonMajor ShareholderBuy492,212$8.00$3,937,696.00View SEC Filing  
6/20/2013Harriett J RobinsonDirectorBuy9,000$6.97$62,730.00View SEC Filing  
6/19/2013J Mack RobinsonMajor ShareholderBuy1,000$7.08$7,080.00View SEC Filing  
6/18/2013Harriett J RobinsonDirectorBuy15,000$6.94$104,100.00View SEC Filing  
5/8/2013T L ElderDirectorSell10,000$6.53$65,300.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gray Television (NYSE:GTN)
Latest Headlines for Gray Television (NYSE:GTN)
Source:
DateHeadline
americanbankingnews.com logoGray Television, Inc. (NYSE:GTN) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 25 at 8:43 AM
benzinga.com logoForget Profit, Bet On 4 Stocks With Increasing Cash Flows
www.benzinga.com - July 21 at 1:17 AM
americanbankingnews.com logoQ4 2017 EPS Estimates for Gray Television, Inc. Raised by Analyst (NYSE:GTN)
www.americanbankingnews.com - July 20 at 11:20 AM
finance.yahoo.com logoNetflix (NFLX) Jumps: Stock Rises 13.5%
finance.yahoo.com - July 19 at 7:56 PM
americanbankingnews.com logoGray Television, Inc. to Post Q3 2017 Earnings of $0.24 Per Share, Barrington Research Forecasts (NYSE:GTN)
www.americanbankingnews.com - July 19 at 11:34 AM
americanbankingnews.com logoReviewing Walt Disney Company (The) (DIS) & Gray Television (NYSE:GTN)
www.americanbankingnews.com - July 19 at 8:51 AM
americanbankingnews.com logoRoyal Bank Of Canada Analysts Give Gray Television, Inc. (NYSE:GTN) a $16.00 Price Target
www.americanbankingnews.com - July 18 at 5:31 PM
prnewswire.com logoGray Sets Date For Second Quarter Earnings Release And Earnings Conference Call - PR Newswire (press release)
www.prnewswire.com - July 17 at 8:14 PM
finance.yahoo.com logoGray Sets Date For Second Quarter Earnings Release And Earnings Conference Call
finance.yahoo.com - July 17 at 8:14 PM
nasdaq.com logoConsumers Remain Confident: Buy These 5 Top-Rated Picks ... - Nasdaq
www.nasdaq.com - June 28 at 11:55 PM
americanbankingnews.com logoGray Television, Inc. (GTN) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 28 at 8:10 AM
finance.yahoo.com logoGray Television, Inc. – Value Analysis (NYSE:GTN) : June 27, 2017
finance.yahoo.com - June 27 at 5:45 PM
finance.yahoo.com logoGray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : June 26, 2017
finance.yahoo.com - June 26 at 7:18 PM
nasdaq.com logoNoteworthy Tuesday Option Activity: GTN, LRCX, ORCL
www.nasdaq.com - June 20 at 6:23 PM
finance.yahoo.com logoTegna Shaping Up to Be Attractive Acquisition Target Following Court Ruling
finance.yahoo.com - June 20 at 6:22 PM
prnewswire.com logoDaily Technical Summary Reports on TV Broadcasters Stocks -- Sinclair Broadcast, Scripps Networks Interactive, Gray ... - PR Newswire (press release)
www.prnewswire.com - June 19 at 12:45 PM
finance.yahoo.com logoGray Television, Inc. breached its 50 day moving average in a Bullish Manner : GTN-US : June 14, 2017
finance.yahoo.com - June 14 at 11:53 AM
nasdaq.com logoWhy TEGNA (TGNA) Could Be Positioned for a Slump
www.nasdaq.com - June 12 at 6:21 PM
americanbankingnews.com logoGray Television (GTN) & Comcast (CMCSK) Financial Comparison
www.americanbankingnews.com - June 9 at 8:21 PM
finance.yahoo.com logoETFs with exposure to Gray Television, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 6:34 PM
finance.yahoo.com logoGray Names Four New General Managers
finance.yahoo.com - June 6 at 6:02 PM
americanbankingnews.com logoGray Television, Inc. (GTN) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - June 2 at 8:50 PM
seekingalpha.com logoThe Long Case For Gray Television
seekingalpha.com - June 1 at 11:24 PM
americanbankingnews.com logo$220.34 Million in Sales Expected for Gray Television, Inc. (GTN) This Quarter
www.americanbankingnews.com - May 28 at 8:48 AM
americanbankingnews.com logo$0.25 Earnings Per Share Expected for Gray Television, Inc. (GTN) This Quarter
www.americanbankingnews.com - May 26 at 4:32 PM
finance.yahoo.com logoETFs with exposure to Gray Television, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 5:12 PM
finance.yahoo.com logoGray Television, Inc. :GTN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 22, 2017
finance.yahoo.com - May 22 at 11:09 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Gray Television, Inc. (GTN) Issued By Barrington Research
www.americanbankingnews.com - May 10 at 9:59 AM
americanbankingnews.com logoGray Television, Inc. Expected to Post Q2 2017 Earnings of $0.24 Per Share (GTN)
www.americanbankingnews.com - May 9 at 7:24 AM
americanbankingnews.com logoGray Television, Inc. (GTN) Posts Earnings Results, Beats Estimates By $0.09 EPS
www.americanbankingnews.com - May 8 at 10:00 PM
americanbankingnews.com logoGray Television, Inc. (GTN) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 8 at 4:37 PM
finance.yahoo.com logoEdited Transcript of GTN earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 8 at 8:17 AM
seekingalpha.com logoGray Television's (GTN) CEO Hilton Howell on Q1 2017 Results ... - Seeking Alpha
seekingalpha.com - May 7 at 10:01 AM
americanbankingnews.com logoBenchmark Co. Reiterates Buy Rating for Gray Television, Inc. (GTN)
www.americanbankingnews.com - May 5 at 10:06 AM
streetinsider.com logoGray Television (GTN) Confirms Acquisition of WCAX-TV In Burlington, Vermont for $29M
www.streetinsider.com - May 4 at 10:45 PM
streetinsider.com logoGray Television (GTN) Confirms Acquisition of WCAX-TV In Burlington, Vermont for $29M - StreetInsider.com
www.streetinsider.com - May 4 at 5:43 PM
finance.yahoo.com logoGray To Acquire WCAX-TV In Burlington, Vermont
finance.yahoo.com - May 4 at 5:42 PM
finance.yahoo.com logoGray Television, Inc. – Value Analysis (NYSE:GTN) : May 4, 2017
finance.yahoo.com - May 4 at 5:42 PM
finance.yahoo.com logoGray Television posts 1Q profit - Yahoo Finance
finance.yahoo.com - May 4 at 8:09 AM
finance.yahoo.com logoGray Television posts 1Q profit
finance.yahoo.com - May 4 at 8:09 AM
americanbankingnews.com logoFavorable Media Coverage Very Unlikely to Impact Gray Television (GTN) Share Price
www.americanbankingnews.com - May 3 at 6:26 PM
finance.yahoo.com logoETFs with exposure to Gray Television, Inc. : May 2, 2017
finance.yahoo.com - May 3 at 2:50 PM
finance.yahoo.com logoGray Television, Inc. breached its 50 day moving average in a Bearish Manner : GTN-US : May 3, 2017
finance.yahoo.com - May 3 at 2:50 PM
americanbankingnews.com logoGray Television, Inc. (GTN) Expected to Announce Earnings of $0.07 Per Share
www.americanbankingnews.com - May 3 at 8:14 AM
americanbankingnews.com logoGray Television (GTN) Getting Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 30 at 2:42 PM
americanbankingnews.com logoGray Television (GTN) Getting Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 27 at 10:54 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Likely to Affect Gray Television (GTN) Stock Price
www.americanbankingnews.com - April 24 at 9:18 PM
americanbankingnews.com logoGray Television (GTN) Receiving Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 19 at 12:37 PM
americanbankingnews.com logoGray Television (GTN) Earns Media Impact Score of 0.22
www.americanbankingnews.com - April 16 at 12:17 PM
americanbankingnews.com logoGray Television, Inc. (GTN) Expected to Announce Quarterly Sales of $195.55 Million
www.americanbankingnews.com - April 14 at 3:02 PM

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Chart

Gray Television (GTN) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by MarketBeat.com Staff