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Gray Television (GTN)
NYSE:GTN
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GTN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.15 - $10.07
Previous Close$5.95
Volume1.41M
Average Volume (3M)1.19M
Market Cap
$607.09M
Enterprise Value$6.74B
Total Cash (Recent Filing)$75.00M
Total Debt (Recent Filing)$6.21B
Price to Earnings (P/E)77.5
Beta1.67
Next Earnings
Nov 08, 2024EPS Estimate
$0.95Last Dividend Ex-Date
Sep 13, 2024Dividend Yield5.6%
Share Statistics
EPS (TTM)0.08
Shares Outstanding99,667,209
10 Day Avg. Volume930,966
30 Day Avg. Volume1,189,282
Standard Deviation0.15
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.28
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)8.20
P/FCF Ratio5.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.03
Enterprise Value/Gross Profit7.51
Enterprise Value/Ebitda7.49
Forecast
1Y Price Target
$7.67Price Target Upside32.47% Upside
Rating ConsensusHold
Number of Analyst Covering4
Gray Television News
Bulls Say, Bears Say
Bulls Say
Market PositionGray Television has a very high share of stations that are #1 or #2 in their markets, with 102 out of 113 markets served.
Operational EfficiencyGray is a high-quality TV broadcaster whose dominance in its local markets and excellent cost controls position it well within its sector.
Revenue PotentialSolid station footprint sets the stage for meaningful success with political revenues.
Bears Say
Advertising TrendsCore ad trends were softer than the company’s guidance provided in May, and down versus a year ago.
Financial GuidanceThe company broadly adjusted its full-year guidance, with a softer expectation for core advertising.
Leverage And Financial RiskLeverage of 5.9x is expected to start to decline, but estimates remain elevated, causing concerns about the ability to reduce debt effectively.
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Ownership Overview
16.69% Insiders
18.57% Mutual Funds
6.70% Other Institutional Investors
44.00% 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 $4.15 and its highest was $10.07 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 Nov 08, 2024 which is today.
How were Gray Television’s earnings last quarter?
Gray Television released its earnings results on Aug 08, 2024. The company reported $0.09 earnings per share for the quarter, the consensus estimate of $0.09 by $0.
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 5.6%. See more information on Gray Television dividends here
What is Gray Television’s EPS estimate?
Gray Television’s EPS estimate is $0.95.
How many shares outstanding does Gray Television have?
Gray Television has 90,824,450 shares outstanding.
What happened to Gray Television’s price movement after its last earnings report?
Gray Television reported an EPS of $0.09 in its last earnings report, expectations of $0.09. Following the earnings report the stock price went down -14.7%.
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 21M.
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Gray Television Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$7.67 (32.47% Upside)
$7.67 (32.47% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.64%
12-Months-Change
Fundamentals
Return on Equity
2.25%
Trailing 12-Months
Asset Growth
-1.63%
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 Company Deck
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GTN Earnings Call
Q2 2024
0:00 / 0:00
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GTN Stock 12 Month Forecast
Average Price Target
$7.67
▲(32.47% Upside)
Technical Analysis
Best Analysts Covering GTN
1 Year
1 Year Success Rate
8/17 ratings generated profit
1 Year Average Return
+3.22%
reiterated a buy rating 26 days ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 47.06% of your transactions generating a profit, with an average return of +3.22% per trade.
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