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Gray Television (GTN)
NYSE:GTN
Gray Television (GTN) Stock Price & Analysis
523 Followers
GTN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.39 - $10.18
Previous Close$5.66
Volume1.02M
Average Volume (3M)1.34M
Market Cap
$590.87M
Enterprise Value$6.81B
Total Cash (Recent Filing)$21.00M
Total Debt (Recent Filing)$6.24B
Price to Earnings (P/E)―
Beta1.38
Next Earnings
Aug 08, 2024EPS Estimate
$0.1Last Dividend Ex-Date
Jun 14, 2024Dividend Yield5.65%
Share Statistics
EPS (TTM)-0.11
Shares Outstanding99,137,547
10 Day Avg. Volume1,277,022
30 Day Avg. Volume1,343,421
Standard Deviation0.14
R-Squared0.31
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.08
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)1.50
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.08
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda10.23
Forecast
1Y Price Target
$12.25Price Target Upside116.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Gray Television News
Bulls Say, Bears Say
Bulls Say
Financial FlexibilityGTN has flexibility on its liquidity, paying dividends, investing and buying debt in the open market.
Market PositionGray is a high-quality TV broadcaster whose dominance in its local markets and excellent cost controls position it well within its sector and enable industry-leading shares of political dollars.
Revenue GrowthGTN's core revenue grew by 4% year-over-year, and the company reaffirmed its guidance for the year above 2019 pro forma levels.
Bears Say
Cash FlowHigher interest expense is $50mm p.a. (pretax), implying MSD% drag to 2-year FCF.
Debt LevelsGTN ended Q1 with 5.63x leverage and $6 billion in debt, needing to refinance maturities.
Revenue TrendsSeveral challenging trends include continuing linear churn, a slowing pace of progress in retransmission revenue generation and still-high programming costs obligations.
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Ownership Overview
38.15% Insiders
21.98% Mutual Funds
15.01% Other Institutional Investors
24.87% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GTN FAQ
What was Gray Television’s price range in the past 12 months?
Gray Television lowest stock price was $4.39 and its highest was $10.18 in the past 12 months.
What is Gray Television’s market cap?
Currently, no data Available
When is Gray Television’s upcoming earnings report date?
Gray Television’s upcoming earnings report date is Aug 08, 2024 which is in 18 days.
How were Gray Television’s earnings last quarter?
Gray Television released its earnings results on May 07, 2024. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.246 by $0.544.
Is Gray Television overvalued?
According to Wall Street analysts Gray Television’s price is currently Undervalued.
Does Gray Television pay dividends?
Gray Television pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 5.65%. See more information on Gray Television dividends here
What is Gray Television’s EPS estimate?
Gray Television’s EPS estimate is $0.1.
How many shares outstanding does Gray Television have?
Gray Television has 90,294,785 shares outstanding.
What happened to Gray Television’s price movement after its last earnings report?
Gray Television reported an EPS of $0.79 in its last earnings report, beating expectations of $0.246. Following the earnings report the stock price went up 0.61%.
Which hedge fund is a major shareholder of Gray Television?
Among the largest hedge funds holding Gray Television’s share is Darsana Capital Partners LP. It holds Gray Television’s shares valued at 33M.
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Gray Television Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.25 (116.43% Upside)
$12.25 (116.43% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 4.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.5%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.01%
12-Months-Change
Fundamentals
Return on Equity
1.59%
Trailing 12-Months
Asset Growth
-1.01%
Trailing 12-Months
Company Description
Gray Television
Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The Production Companies segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.
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GTN Earnings Call
Q1 2024
0:00 / 0:00
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GTN Stock 12 Month Forecast
Average Price Target
$12.25
▲(116.43% Upside)
Technical Analysis
Best Analysts Covering GTN
1 Year
1 Year Success Rate
6/17 ratings generated profit
1 Year Average Return
+0.71%
reiterated a buy rating 2 months ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 35.29% of your transactions generating a profit, with an average return of +0.71% per trade.
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