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Gray Television Stock Price, News & Analysis (NYSE:GTN)

$16.42
-0.16 (-0.97 %)
(As of 10/20/2019 08:18 AM ET)
Today's Range
$16.26
Now: $16.42
$16.61
50-Day Range
$14.59
MA: $15.78
$17.51
52-Week Range
$13.60
Now: $16.42
$25.31
Volume350,096 shs
Average Volume566,243 shs
Market Capitalization$1.66 billion
P/E Ratio6.76
Dividend YieldN/A
Beta2.08
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

Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone404-504-9828

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.08 billion
Cash Flow$3.60 per share
Book Value$13.38 per share

Profitability

Net Income$210.80 million

Miscellaneous

Employees8,523
Market Cap$1.66 billion
Next Earnings Date11/7/2019 (Confirmed)
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 Wednesday, August, 7th. The company reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.03. The company had revenue of $508 million for the quarter, compared to analysts' expectations of $508.79 million. Gray Television had a return on equity of 19.25% and a net margin of 10.78%. The firm's revenue was up 103.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 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, November 7th 2019. View Earnings Estimates for Gray Television.

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

Gray Television will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Gray Television updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $509-521 million, compared to the consensus revenue estimate of $519.37 million.

What price target have analysts set for GTN?

6 analysts have issued 12 month price targets for Gray Television's shares. Their forecasts range from $21.00 to $29.00. On average, they expect Gray Television's share price to reach $25.20 in the next twelve months. This suggests a possible upside of 53.5% from the stock's current price. View Analyst Price Targets for Gray Television.

What is the consensus analysts' recommendation for Gray Television?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gray Television.

What are Wall Street analysts saying about Gray Television stock?

Here are some recent quotes from research analysts about Gray Television stock:
  • 1. According to Zacks Investment Research, "Gray Television is a communications company headquartered in Atlanta, Georgia, and currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers. " (10/15/2019)
  • 2. Benchmark Co. analysts commented, "We model EBITDA margin improvement (of 590bps) to -4.6%, in line with midpoint of guide (-5.5-3.5%)." (5/9/2019)
  • 3. Barrington Research analysts commented, "For 1Q19 – to be reported Thursday, 5/16, pre-open, we forecast 1Q19 revenue of $6.2M, up 3% y/y and gross margins of 25%. Note that 1Q is typically the seasonally slowest quarter of the year." (5/8/2019)

Has Gray Television been receiving favorable news coverage?

Headlines about GTN stock have trended somewhat positive on Sunday, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gray Television earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Gray Television.

Are investors shorting Gray Television?

Gray Television saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 5,070,000 shares, a decrease of 9.3% from the August 30th total of 5,590,000 shares. Based on an average trading volume of 910,700 shares, the short-interest ratio is presently 5.6 days. Currently, 5.6% of the shares of the company are short sold. View Gray Television's Current Options Chain.

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

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 variety of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (1.10%), Peregrine Capital Management LLC (0.32%), Ingalls & Snyder LLC (0.09%), Bowling Portfolio Management LLC (0.08%), Delphi Management Inc. MA (0.06%) and Denali Advisors LLC (0.05%). Company insiders that own Gray Television stock include Harriett J Robinson, Hilton H Howell Jr and Kevin Paul Latek. 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 Copper Rock Capital Partners LLC, Peregrine Capital Management LLC, Meeder Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank and Delphi Management Inc. MA. 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 Denali Advisors LLC, Wiley BROS. Aintree Capital LLC, Bowling Portfolio Management LLC, Ingalls & Snyder LLC and Envestnet Asset 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 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 $16.42.

How big of a company is Gray Television?

Gray Television has a market capitalization of $1.66 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 (star star)
Outperform Votes:  338 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  603
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 10/20/2019 by MarketBeat.com Staff

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