Gray Television, Inc. (GTN)
Market Cap | 780.61M |
Revenue (ttm) | 3.68B |
Net Income (ttm) | 403.00M |
Shares Out | 92.38M |
EPS (ttm) | 4.33 |
PE Ratio | 1.95 |
Forward PE | 47.62 |
Dividend | $0.32 (3.79%) |
Ex-Dividend Date | Mar 14, 2023 |
Volume | 1,021,469 |
Open | 8.40 |
Previous Close | 8.53 |
Day's Range | 8.09 - 8.48 |
52-Week Range | 8.10 - 23.69 |
Beta | 1.61 |
Analysts | Buy |
Price Target | 15.17 (+79.53%) |
Earnings Date | May 4, 2023 |
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, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. ... [Read more]
Financial Performance
In 2022, GTN's revenue was $3.68 billion, an increase of 52.34% compared to the previous year's $2.41 billion. Earnings were $403.00 million, an increase of 960.53%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for GTN stock is "Buy." The 12-month stock price forecast is $15.17, which is an increase of 79.53% from the latest price.
News

Gray Promotes Five Senior Vice Presidents to New Senior Positions
ATLANTA, March 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today promoted its five Senior Vice Presidents-Local Media to the new position of Senior Managing Vice President,...

Gray Releases Its First ESG Report
ATLANTA, March 06, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today released its first Environmental, Social, and Governance (ESG) Report. The report, which covers calendar ye...

Respected News Veteran Jennifer Rigby Joins Gray's In-House News Research and Consulting Group
ATLANTA, March 02, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that long-time, large-market newsroom leader and strategist Jennifer Rigby has joined Gray's rec...

Gray Television (GTN) Beats Q4 Earnings and Revenue Estimates
Gray Television (GTN) delivered earnings and revenue surprises of 8.67% and 2.38%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
ATLANTA, Feb. 24, 2023 (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 co...

Gray Finishes 2022 In A Strong Position and Issues Stable Outlook for 2023
ATLANTA, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the fourth quarter ended December 31, 2022, reflecting ...

Gray Television (GTN) Reports Next Week: Wall Street Expects Earnings Growth
Gray Television (GTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Gray Agrees to Swap Television Stations with Marquee Broadcasting
ATLANTA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced today that it has reached agreements with Marquee Broadcasting, Inc. (“Marquee”) to swap television st...

GRAY ELEVATES TWO LEADERS
Robby Thomas to Lead WIS and Valerie Russell to Lead WTVY/WRGX Robby Thomas to Lead WIS and Valerie Russell to Lead WTVY/WRGX

Gray Sets Date for Fourth Quarter Earnings Release and Earnings Conference Call
ATLANTA, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, December 31, 2022 on Friday, February 24, ...

Debra Alfarone Joins Gray's Washington News Operation
ATLANTA, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced that Debra Alfarone will join the company on Monday, January 23rd, as an anchor for Local News Live an...

Betsy Keefe Will Succeed Al Lancaster as General Manager of WSAW in Wausau, Wisconsin
ATLANTA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced that Al Lancaster, the General Manager of WSAW (CBS) in Wausau, Wisconsin (DMA 132) will retire this M...

Gray Promotes Collin Gaston to Senior Vice President and Promotes Jason Mathews to General Manager of WBRC
ATLANTA, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “we”) (NYSE: GTN) today promotes Collin Gaston, currently a Regional Vice President and the General Manager of WBRC FOX6 in...

Gray Names Curtis Miles as the General Manager of KCTV and KSMO in Kansas City
ATLANTA , Dec. 01, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced today that Curtis Miles will join Gray as the General Manager of KCTV (CBS) and KSMO (MyNetwork) in t...

Gray Renews All ABC Affiliation Agreements
ATLANTA, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliat...

GTN vs. IHRT: Which Stock Is the Better Value Option?
GTN vs. IHRT: Which Stock Is the Better Value Option?

Jaime Sayre Kawaja Promoted to General Manager of WFLX in West Palm Beach
ATLANTA, Nov.

Down 36.4% in 4 Weeks, Here's Why Gray Television (GTN) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Gray Television (GTN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street anal...

Gray Television (GTN) Lags Q3 Earnings and Revenue Estimates
Gray Television (GTN) delivered earnings and revenue surprises of -26.95% and 4.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Gray Reports Third Quarter Operating Results
ATLANTA, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced its strong financial results for the third quarter ended September 30, 2022, ...

Is Gray Television (GTN) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

News Research and News Consulting Moves In-House at Gray
Chris Archer and Tony Calfo to Join Gray Chris Archer and Tony Calfo to Join Gray

Gray Promotes James Finch As It Expands News Services
ATLANTA, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “our”) (NYSE: GTN) has promoted James Finch to Vice President of News Services. For the past several years, James has manage...

Marsha B. Fogarty Promoted to General Manager of WTOC in Savannah
ATLANTA , Oct. 24, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) has promoted Marsha B. Fogarty to the role of General Manager of WTOC, Gray's CBS affiliate ...

GRAY SETS DATE FOR THIRD QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
ATLANTA, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, September 30, 2022 on Friday, November 4, ...