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Gray Television, Inc. (GTN.A)

Class A Shares
Stock Price: $13.24 USD -0.09 (-0.68%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.32B
Revenue (ttm) 2.08B
Net Income (ttm) 250.00M
Shares Out 7.05M
EPS (ttm) 1.67
PE Ratio 7.93
Forward PE 6.39
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 14, 2020
Last Price $13.24
Previous Close $13.33
Change ($) -0.09
Change (%) -0.68%
Day's Open 13.11
Day's Range 13.11 - 13.76
Day's Volume 408
52-Week Range 8.55 - 21.85

More Stats

Market Cap 1.32B
Enterprise Value 4.78B
Earnings Date (est) Nov 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 7.05M
Float 78.40M
EPS (basic) 2
EPS (diluted) 1.67
FCF / Share 3.81
Dividend n/a
Dividend Yield n/a
Earnings Yield 12.61%
FCF Yield 28.35%
Payout Ratio n/a
Shares Short 1,390
Short Ratio 2.38
Short % of Float 2.54%
Beta 2.04
PE Ratio 7.93
Forward PE 6.39
P/FCF Ratio 3.53
PS Ratio 0.63
PB Ratio 0.90
Revenue 2.08B
Operating Income 562.00M
Net Income 250.00M
Free Cash Flow 373.00M
Net Cash -3.47B
Net Cash / Share -34.89
Gross Margin 36.91%
Operating Margin 27.01%
Profit Margin 9.30%
FCF Margin 17.92%
ROA 4.12%
ROE 10.53%
ROIC 11.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 6
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$21.17*
(59.89% upside)
Low
18.0
Current: $13.24
High
30.0
Target: 21.17
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,1221,084883812597508346405307346
Revenue Growth95.76%22.76%8.68%36.01%17.56%46.73%-14.46%31.81%-11.25%-
Gross Profit723488325337223222129193113150
Operating Income47838929023414015483.8815375.35107
Net Income17921126262.2739.3048.0618.2928.139.0423.16
Shares Outstanding99.0088.0073.0071.8568.3357.8657.6357.1757.1254.32
Earnings Per Share1.272.373.550.860.570.820.320.420.030.16
EPS Growth-46.41%-33.24%312.79%50.88%-30.49%156.25%-23.81%1300%-81.25%-
Operating Cash Flow38532318021010713460.2489.3738.1738.13
Capital Expenditures-110-70.00-35.00-43.60-24.22-32.22-24.05-24.52-24.27-19.12
Free Cash Flow27525314516682.5010236.1964.8513.9019.01
Cash & Equivalents2121,41946232597.3230.7713.4811.075.195.43
Total Debt3,7482,5491,8371,7571,2201,236843833832827
Net Cash / Debt-3,536-1,130-1,375-1,432-1,123-1,206-829-822-827-821
Assets6,9724,2133,2612,7532,1281,8721,3341,2501,2341,242
Liabilities4,8583,0262,2682,2601,6981,6551,1601,1061,0861,076
Book Value1,4641,187993493429216174144123129
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Gray Television, Inc.
Country United States
Employees 6,912
CEO Hilton H. Howell / Donald Patrick LaPlatney

Stock Information

Ticker Symbol GTN.A
Stock Exchange New York Stock Exchange
Share Class Class A Shares
Sector Communication Services
Industry Broadcasting
Unique Identifier NYSE: GTN.A

Description

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. The company also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, it is also involved in the video program production, marketing, and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios; and production of PowerNation programs and content. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1897 and is headquartered in Atlanta, Georgia.