NYSE:GTN - Gray Television Stock Price, Forecast & News

$22.30

+0.40 (+1.83 %)

(As of 01/23/2020 04:00 PM ET)

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Today's Range

$21.27

Now: $22.30▼

$22.41

50-Day Range

$20.16

MA: $21.27▼

$22.59

52-Week Range

$13.60

Now: $22.30▼

$25.31

Volume729,550 shs

Average Volume666,109 shs

Market Capitalization$2.24 billion

P/E Ratio15.27

Dividend YieldN/A

Beta2.1

Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Television broadcasting stations

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:GTN

Previous Symbol

CUSIPN/A

CIK43196

Webhttp://www.gray.tv/

Phone404-504-9828

Debt

Debt-to-Equity Ratio2.80

Current Ratio2.70

Quick Ratio2.70

Price-To-Earnings

Trailing P/E Ratio15.27

Forward P/E Ratio23.47

P/E Growth0.73

Sales & Book Value

Annual Sales$1.08 billion

Price / Sales2.07

Cash Flow$3.72 per share

Price / Cash Flow6.00

Book Value$13.38 per share

Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$2.43

Net Income$210.80 million

Net Margins8.56%

Return on Equity16.93%

Return on Assets3.53%

Miscellaneous

Employees8,523

Outstanding Shares100,514,000

Market Cap$2.24 billion

Next Earnings Date2/27/2020 (Estimated)

OptionableOptionable

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Gray Television (NYSE:GTN) Frequently Asked Questions

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) posted its quarterly earnings results on Thursday, November, 7th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.21. The company earned $517 million during the quarter, compared to analysts' expectations of $513.80 million. Gray Television had a return on equity of 16.93% and a net margin of 8.56%. Gray Television's revenue was up 85.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 EPS. View Gray Television's Earnings History.

When is Gray Television's next earnings date?

Gray Television is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Gray Television.

What guidance has Gray Television issued on next quarter's earnings?

Gray Television issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$549-558 million, compared to the consensus revenue estimate of $$561.11 million.

What price target have analysts set for GTN?

5 analysts have issued 12-month price objectives for Gray Television's shares. Their forecasts range from $21.00 to $30.00. On average, they anticipate Gray Television's stock price to reach $25.25 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price. View Analyst Price Targets for Gray Television.

What is the consensus analysts' recommendation 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.

Has Gray Television been receiving favorable news coverage?

News articles about GTN stock have trended extremely negative on Thursday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gray Television earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media headlines 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.

Who are some of Gray Television's key competitors?

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).

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), Horizon Therapeutics (HZNP), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Allergan (AGN), AT&T (T), Ford Motor (F) and Groupon (GRPN).

Who are Gray Television's key executives?

Gray Television's management team includes the folowing people:

Mr. Hilton Hatchett Howell Jr., Exec. Chairman & CEO (Age 57)
Mr. James C. Ryan, Exec. VP & CFO (Age 58)
Mr. Robert Lawrence Smith, Exec. VP & COO (Age 56)
Mr. Kevin Nichols-Craig Waller, Exec. VP & Chief Admin. Officer (Age 65)
Mr. Kevin P. Latek, Exec. VP, Chief Legal & Devel. Officer and Sec. (Age 48)

Who are Gray Television's major shareholders?

Gray Television's stock is owned by a number of 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%), Cascade Investment Advisors Inc. (0.06%), Wiley BROS. Aintree Capital LLC (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (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.

Which institutional investors are selling Gray Television stock?

GTN stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC, Cascade Investment Advisors Inc., Wiley BROS. Aintree Capital LLC and Peregrine Capital Management LLC. View Insider Buying and Selling for Gray Television.

Which institutional investors are buying Gray Television stock?

GTN stock was bought by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 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 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 $22.30.

How big of a company is Gray Television?

Gray Television has a market capitalization of $2.24 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.

What is Gray Television's official website?

The official website for Gray Television is http://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.

MarketBeat Community Rating for Gray Television (NYSE GTN)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		360 (Vote Outperform)
Underperform Votes:		278 (Vote Underperform)
Total Votes:		638

MarketBeat's community ratings are surveys of what our community members think about Gray Television and other stocks. Vote "Outperform" if you believe GTN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GTN will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/23/2020 by MarketBeat.com Staff

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