Gray Television, Inc. (GTN)

NYSE: GTN · IEX Real-Time Price · USD
5.65
+0.12 (2.17%)
Apr 17, 2024, 4:00 PM EDT - Market closed
2.17%
Market Cap 558.24M
Revenue (ttm) 3.28B
Net Income (ttm) -128.00M
Shares Out 98.80M
EPS (ttm) -1.39
PE Ratio n/a
Forward PE 1.68
Dividend $0.32 (5.66%)
Ex-Dividend Date Mar 14, 2024
Volume 1,301,853
Open 5.59
Previous Close 5.53
Day's Range 5.54 - 5.70
52-Week Range 5.44 - 10.69
Beta 1.56
Analysts Buy
Price Target 13.00 (+130.09%)
Earnings Date May 7, 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 9,374
Stock Exchange NYSE
Ticker Symbol GTN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GTN stock is "Buy." The 12-month stock price forecast is $13.0, which is an increase of 130.09% from the latest price.

Price Target
$13.0
(130.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

ATLANTA, April 09, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, March 31, 2024 on Tuesday, May 7, 2024.

8 days ago - GlobeNewsWire

Gray Announces Paydown of Debt

Atlanta, Georgia, April 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has completed a series of debt principal payments totaling $53....

12 days ago - GlobeNewsWire

Gray Promotes Peter Zampa to Senior National Correspondent

ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the promotion of Peter Zampa to Senior National Correspondent for the Gray Television Washington ...

13 days ago - GlobeNewsWire

Local News Live and Gray Stations to Stream Continuous Live Eclipse Coverage

ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray's 114 t...

14 days ago - GlobeNewsWire

Gray to Provide Research and Consulting Services to CBS Owned and Operated Television Stations

ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that CBS has retained Gray's in-house news research and consulting group, Strategic Insights & Ac...

15 days ago - GlobeNewsWire

Gray Television's BEAT THE ODDS and SportsGrid Launch Partnership for National Syndication of Five Sports Betting Specials

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. “Gray” (NYSE: GTN) is pleased to announce that Gray's Emmy Award-winning Tupelo Media Group and Las Vegas station KVVU have teamed wit...

15 days ago - GlobeNewsWire

Gray Television Partners with Revamped Arena Football League to Bring Local Spring Football to Viewers Free Over-The-Air Starting April 27

ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) is pleased to announce a multi-year agreement with the Arena Football League to bring Saturday arena football game...

20 days ago - GlobeNewsWire

Gray Television Surpasses Major Retrans Renewal Milestone with No Consumer Disruptions

Atlanta, March 04, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray”) (NYSE: GTN) announced today that it has successfully completed renewals of retransmission consent agreements representing more...

6 weeks ago - GlobeNewsWire

Atlanta Dream and Gray Television Announce Broadcast Partnership

Peachtree TV and Peachtree Sports Network to air Dream games across the region Peachtree TV and Peachtree Sports Network to air Dream games across the region

7 weeks ago - GlobeNewsWire

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Feb. 26, 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...

7 weeks ago - GlobeNewsWire

Gray Finishes 2023 In A Strong Position and Issues Positive Outlook for 2024

ATLANTA, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the fourth quarter ended December 31, 2023, incl...

7 weeks ago - GlobeNewsWire

Gray Television Announces CFO Jim Ryan's Upcoming Retirement and Appointment of Jeff Gignac to Succeed Him

ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. (“Gray,” the “Company,” “we,” “us,” or “our”) (NYSE: GTN) announced today that Chief Financial Officer Jim Ryan has notified the Company...

2 months ago - GlobeNewsWire

Gray Announces Closing and Upsizing of Revolving Credit Facility Refinancing and Announces Update on Term Loan and BMI Sale Proceeds

ATLANTA, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it has closed a refinancing and upsizing of its revolving credit facilit...

2 months ago - GlobeNewsWire

Gray Television Launches InvestigateTV+ en Español to Serve Extended Bilingual Audience in 26 Gray-Owned Telemundo Markets

ATLANTA, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announces the launch of InvestigateTV+ en Español on February 26, 2024, in 26 of Gray's Telemundo markets. The pro...

2 months ago - GlobeNewsWire

Gray Television Statement on Newly Announced Streaming Service

ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) issued the following statement today in response to numerous inquiries from stakeholders regarding the proposed ne...

2 months ago - GlobeNewsWire

Gray and Marquee Broadcasting Swap Television Station Assets

ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has reached agreements with Marquee Broadcasting, Inc. (“Marquee”) to swa...

2 months ago - GlobeNewsWire

Gray Announces Proposed Refinancing of Senior Credit Facilities, Updates Guidance for Fourth Quarter 2023, and Announces Anticipated Proceeds from Sale of BMI

ATLANTA, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it is proposing, subject to market and other conditions, to refinance ce...

2 months ago - GlobeNewsWire

Gray's InvestigateTV and WANF Presented with 2024 duPont-Columbia Award

ATLANTA, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Columbia Journalism School announced the 15 winners of the 2024 duPont-Columbia Awards during a special ceremony last night highlighting outstanding audio an...

2 months ago - GlobeNewsWire

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

ATLANTA, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2023 on Friday, February 23, ...

2 months ago - GlobeNewsWire

Gray Promotes Liz Knight to General Manager of WALB and WGCW in Albany, Georgia

ATLANTA, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced its appointment of Liz Knight as the next General Manager of WALB and WGCW, the local NBC, ABC and...

3 months ago - GlobeNewsWire

GRAY TELEVISION REACHES AGREEMENT IN PRINCIPLE TO RENEW ALL GRAY NBC AFFILIATIONS NATIONWIDE

Atlanta, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray) (NYSE: GTN) today announced that it has reached an agreement in principle with the NBC Network that extends and renews all of G...

4 months ago - GlobeNewsWire

Gray Promotes Bruce Austin to General Manager of WVLT and WBXX in Knoxville, Tennessee

ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced its appointment of Bruce Austin as the next General Manager of WVLT and WBXX, the local CBS and CW...

4 months ago - GlobeNewsWire

Gray Television's Assembly Studios Celebrates Grand Opening of Innovative Sound Stages in Georgia

Gray Television & Universal Production Services launch full-service state-of- the-art television and film studios creating thousands of jobs for Georgians Gray Television & Universal Production Servic...

5 months ago - GlobeNewsWire

Gray Reports Strong Revenues and Lower Expenses for the Third Quarter

ATLANTA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the third quarter ended September 30, 2023, incl...

5 months ago - GlobeNewsWire

Gray Issues Investor Deck Addressing Network and Retransmission Landscape

ATLANTA, Oct. 17, 2023 (GLOBE NEWSWIRE) --  Gray Television, Inc. (“Gray”) (NYSE: GTN) has released a new investor presentation providing Gray's perspective on the broadcast industry and the company i...

6 months ago - GlobeNewsWire