Gray Television, Inc. (GTN)

NYSE: GTN · IEX Real-Time Price · USD
8.45
-0.08 (-0.94%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-0.94%
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]

Industry Broadcasting
Founded 1897
Employees 8,608
Stock Exchange NYSE
Ticker Symbol GTN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$15.17
(79.53% upside)
Analyst Consensus: Buy
Stock Forecasts

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,...

2 weeks ago - GlobeNewsWire

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...

2 weeks ago - GlobeNewsWire

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...

3 weeks ago - GlobeNewsWire

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?

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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 ...

1 month ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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

1 month ago - GlobeNewsWire

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, ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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

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

Other symbols: IHRT
4 months ago - Zacks Investment Research

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...

4 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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, ...

5 months ago - GlobeNewsWire

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...

5 months ago - Zacks Investment Research

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

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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, ...

5 months ago - GlobeNewsWire