Gray Television, Inc. (GTN)
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]
Financial Performance
Financial StatementsAnalyst 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.
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 ...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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...
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
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 ...
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...
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...
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...
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 ...
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.
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...
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...
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...
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...