Gray Television, Inc. (GTN)

NYSE: GTN · Real-Time Price · USD
4.350
-0.090 (-2.03%)
Nov 19, 2024, 4:00 PM EST - Market open
-2.03%
Market Cap 414.86M
Revenue (ttm) 3.46B
Net Income (ttm) 145.00M
Shares Out 95.37M
EPS (ttm) 1.53
PE Ratio 2.85
Forward PE 8.61
Dividend $0.32 (7.36%)
Ex-Dividend Date Sep 13, 2024
Volume 855,440
Open 4.340
Previous Close 4.440
Day's Range 4.285 - 4.400
52-Week Range 3.950 - 10.070
Beta 1.47
Analysts Buy
Price Target 6.67 (+53.33%)
Earnings Date Nov 8, 2024

About GTN

Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets. It owns and operates television stations and digital assets that serve television markets in the United States. The compan... [Read more]

Industry Broadcasting
Founded 1897
Employees 9,923
Stock Exchange NYSE
Ticker Symbol GTN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GTN stock is "Buy." The 12-month stock price forecast is $6.67, which is an increase of 53.33% from the latest price.

Price Target
$6.67
(53.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gray Announces Three General Manager Retirements

ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring ...

1 day ago - GlobeNewsWire

Gray Television, Inc. (GTN) Q3 2024 Earnings Call Transcript

Gray Television, Inc. (NYSE:GTN) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Hilton Howell - Chairman and Chief Executive Officer Pat LaPlatney - President & Co...

11 days ago - Seeking Alpha

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its com...

12 days ago - GlobeNewsWire

Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, and Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction

ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also proj...

12 days ago - GlobeNewsWire

Local News Live Announces Election Night Coverage

ATLANTA, Oct. 28, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE: GTN) today announced comprehensive election night coverage plans on Local News Live, its 24/7 news network.   Starting at 7 p.m. EST on No...

23 days ago - GlobeNewsWire

Gray Sets Date for Third Quarter Earnings Release and Earnings Conference Call

ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE: GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024.

5 weeks ago - GlobeNewsWire

Local News Live Launches New Streaming Apps

Atlanta, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that Local News Live, its 24/7 streaming news network, launched standalone apps for connected TVs and smartphones.   T...

6 weeks ago - GlobeNewsWire

Gray Announces Two General Manager Retirements

ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of two veteran broadcasters. In Monroe, Louisiana, Laura Long is retiring as the General Manager of KN...

6 weeks ago - GlobeNewsWire

Gray Media and Stations Raise More Than $340,000 for Hurricane Helene Relief

ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) --  Gray Media (NYSE: GTN) today announced that its local television stations have raised more than $290,000 for Hurricane Helene response efforts, and Gray its...

6 weeks ago - GlobeNewsWire

InvestigateTV+ Grows Clearances for 2024 – 2025 Season

ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the...

2 months ago - GlobeNewsWire

Gray Media Announces Coverage Plans for 2024 Democratic National Convention

ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention.

3 months ago - GlobeNewsWire

Gray Television: Bumpy Ride But Thesis Intact

Gray Television is the second-largest local television broadcaster in the US, with stations in 114 markets. Gray Television's stock price plunged after mixed second-quarter results, but the company st...

3 months ago - Seeking Alpha

Gray Television, Inc. (GTN) Q2 2024 Earnings Call Transcript

Gray Television, Inc. (NYSE:GTN) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Hilton Howell - Chairman and CEO Kevin Latek - CLO and CDO Jeff Gignac - CFO Pat LaPl...

3 months ago - Seeking Alpha

Gray Announces Operating Results for the Second Quarter

ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray Media,” “Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the second quarter ended June 30, 2024, i...

3 months ago - GlobeNewsWire

PALMETTO SPORTS & ENTERTAINMENT TO LAUNCH STATEWIDE ON GRAY MEDIA STATIONS

Contact: Robby ThomasVice President & General ManagerWIS 10 – wistv.com(803) 799-1010 – robby.thomas@wistv.com

3 months ago - GlobeNewsWire

Rock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports Network

The new Rock Entertainment Sports Network will be the 24/7 home of local Ohio sports, including the Cleveland Monsters, Cleveland Charge, St. Edward High School and Lake Erie Crushers Programming The ...

4 months ago - GlobeNewsWire

Gray Media Partners with Harlem Globetrotters for their Historic Return to Live Television Across the Nation for First Time in 40 Years

ATLANTA, July 18, 2024 (GLOBE NEWSWIRE) -- The Harlem Globetrotters and Gray Media (NYSE:GTN) proudly announce the live broadcast of a Harlem Globetrotters game from their historic sports residency at...

4 months ago - GlobeNewsWire

Gray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi Awards

Atlanta, July 16, 2024 (GLOBE NEWSWIRE) -- The Society of Professional Journalists has awarded InvestigateTV, Gray Media's (“Gray”) (NYSE: GTN) national investigative team and WVUE, Gray's FOX affilia...

4 months ago - GlobeNewsWire

Taking A (Speculative) Position In Gray Television

Reviewed Gray Television Inc. stock, decided not to buy more but wrote puts that expired worthless, now considering buying 1,000 shares for a speculative portfolio. Financial snapshot shows profits dr...

4 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 6% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...

Other symbols: CCOISBGI
4 months ago - Benzinga

GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL

ATLANTA, July 01, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, June 30, 2024 on Thursday, August 8, 2024.

5 months ago - GlobeNewsWire

Gray Stations Honored by IRE Awards for Outstanding Investigative Journalism

Atlanta, June 24, 2024 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Television, Inc. (“Gray”) (NYSE: GTN) stations for outstanding watchdog journalism.   The IR...

5 months ago - GlobeNewsWire

Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has closed a refinancing of its $1.15 billion term loan due in 2026 and u...

6 months ago - GlobeNewsWire

Gray Television Announces Early Tender Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the early tender results of its previously announced offer to purchase for cash (the “Tender Offer...

6 months ago - GlobeNewsWire

RTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television Stations

ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R...

6 months ago - GlobeNewsWire