Gray Television, Inc. (GTN)

NYSE: GTN · IEX Real-Time Price · USD
20.68 -0.02 (-0.10%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap1.98B
Revenue (ttm)2.48B
Net Income (ttm)233.00M
Shares Out95.62M
EPS (ttm)2.43
PE Ratio8.50
Forward PE5.94
Dividend$0.32 (1.55%)
Ex-Dividend DateDec 14, 2021
Volume445,872
Open20.49
Previous Close20.70
Day's Range20.04 - 20.85
52-Week Range17.03 - 25.24
Beta1.90
AnalystsStrong Buy
Price Target28.63 (+38.4%)
Earnings DateFeb 23, 2022

About GTN

Gray Television, Inc., a television broadcast company, owns and/or operates television stations and digital assets in the United States. 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, Justice, Circle, 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 ...

IndustryMedia
Founded1897
CEOHilton Howell
Employees7,017
Stock ExchangeNYSE
Ticker SymbolGTN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GTN stock is "Strong Buy." The 12-month stock price forecast is 28.63, which is an increase of 38.44% from the latest price.

Price Target
$28.63
(38.44% upside)
Analyst Consensus: Strong Buy

News

A Trio of Stocks Trading at a Discount

In order to increase the likelihood of identifying bargains, screen the market for equities that are trading at a discount to their intrinsic value estimates as calculated from the projected free cash f...

Other symbols:RDNVALE
2 weeks ago - GuruFocus

Stephanie Hedrick Named General Manager of KTTC in Rochester, MN

ATLANTA, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Stephanie Hedrick will become the General Manager of KTTC (NBC) in Rochester, Minnesota (DMA 15...

3 weeks ago - GlobeNewsWire

Gray Names Michael Hornfeck to Lead KOLD in Tucson

ATLANTA, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Michael Hornfeck has joined Gray as its General Manager of KOLD (CBS) in Tucson, Arizona (DMA 6...

1 month ago - GlobeNewsWire

The Bunny Roared in 2021

The Bunny Portfolio is hopping again. It bounced to a 36.6% return in the past year.

1 month ago - GuruFocus

Should Value Investors Pick Gray Television (GTN) Stock Now?

Is Gray Television (GTN) a great pick from the value investor's perspective right now? Read on to know more.

1 month ago - Zacks Investment Research

GRAY TELEVISION EXPANDS NATIONAL INVESTIGATIVE UNIT

ATLANTA, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today a significant expansion of its National Investigative Team called InvestigateTV.

1 month ago - GlobeNewsWire

Origin Sports Network, Powered by Gray Television's Raycom Sports, Expands Distribution Partners

Sports Fans Can Now Access Origin Sports on Samsung TV Plus and The Roku Channel Sports Fans Can Now Access Origin Sports on Samsung TV Plus and The Roku Channel

1 month ago - GlobeNewsWire

Gray Names Jennifer Rieffer to Lead WXIX in Cincinnati

ATLANTA, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today named Jennifer Rieffer as the new General Manager of WXIX (FOX) in Cincinnati, Ohio (DMA 35).

2 months ago - GlobeNewsWire

Gray Names New General Managers

ATLANTA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today named several new General Managers across its television station portfolio. These appointments follow Gray's r...

2 months ago - GlobeNewsWire

Gray Television Announces New General Managers for Certain Meredith Markets

ATLANTA, Nov. 15, 2021 (GLOBE NEWSWIRE) --  Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that several of its current General Managers will assume leadership of television stations that Gra...

2 months ago - GlobeNewsWire

GRAY ANNOUNCES CLOSING OF OFFERING OF $1,300.0 MILLION OF 5.375% SENIOR NOTES DUE 2031

ATLANTA, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $1,300.0 million in aggregate principal a...

2 months ago - GlobeNewsWire

Family Entertainment Holdings Receives Growth Investment From Seaport Capital and Gray Television

MEDINA, Ohio--(BUSINESS WIRE)--Family Entertainment Holdings Receives Growth Investment from Seaport Capital and Gray Television

2 months ago - Business Wire

VIACOMCBS AND GRAY TELEVISION RENEW CBS TELEVISION NETWORK AFFILIATE AGREEMENTS

Multi-Year Deal Extends Relationship Across 47 Markets Multi-Year Deal Extends Relationship Across 47 Markets

Other symbols:VIAC
2 months ago - GlobeNewsWire

Greg McAlister Named General Manager of KCBD/KLCW in Lubbock

ATLANTA, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ” ) (NYSE: GTN ) announced that it has hired Greg McAlister as General Manager of KCBD (NBC) and KLCW (CW) in Lubbock, Texas.

2 months ago - GlobeNewsWire

Gray Television (GTN) Reports Q3 Loss, Tops Revenue Estimates

Gray Television (GTN) delivered earnings and revenue surprises of -196.97% and 0.81%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Nov. 04, 2021 (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 comm...

2 months ago - GlobeNewsWire

Gray Reports Third Quarter Operating Results

ATLANTA, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the third quarter ended September 30, 2021. We experience...

2 months ago - GlobeNewsWire

GRAY ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES

ATLANTA, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that a special purpose wholly owned subsidiary of Gray intends to offer up to $...

3 months ago - GlobeNewsWire

Gray Announces Proposed $1.5 Billion Incremental Term Loan and $500 Million Revolving Credit Facility; Updates Guidan...

ATLANTA, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that in connection with its pending acquisition of the Local Media Group of Mer...

3 months ago - GlobeNewsWire

Herb Bruce Promoted to General Manager of KALB in Alexandria

ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today its promotion of Herb Bruce to General Manager/General Sales Manager of Alexandria, Louisiana's powe...

3 months ago - GlobeNewsWire

Gray Promotes John Fiorelli to General Manager of KOLO-TV in Reno

ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ” ) (NYSE: GTN ) announced today that it has promoted John Fiorelli to the role of General Manager/General Sales Manager of Gray's...

3 months ago - GlobeNewsWire

John Rogers Slims Meredith as Merger Approaches

John Rogers (Trades, Portfolio)' Ariel Investment has slimmed down its Meredith Corp. ( MDP , Financial) holding by 31.99%, according to Real-Time Picks, a Premium feature of GuruFocus.

Other symbols:BIDUIACLAZPM
3 months ago - GuruFocus

Gray Television Purchases Third Rail Studios

ATLANTA, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN ) announced today that it has purchased Third Rail Studios in Doraville, Georgia, from The Integral Group for $27.5 ...

4 months ago - GlobeNewsWire

Gray Television Stations Partner with Salvation Army to ‘Lift Up Louisiana' for Hurricane Ida Relief Efforts

ATLANTA, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) announced today that its portfolio of top local news television stations across 103 markets in the United States wil...

4 months ago - GlobeNewsWire

Gray Television Honored with Eight National Edward R. Murrow Awards

ATLANTA, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ” ) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) has selected five of its television sta...

5 months ago - GlobeNewsWire