Gray Television Statistics
Total Valuation
GTN has a market cap or net worth of $416.29 million. The enterprise value is $6.97 billion.
| Market Cap | 416.29M |
| Enterprise Value | 6.97B |
Important Dates
The last earnings date was Friday, November 8, 2024, before market open.
| Earnings Date | Nov 8, 2024 |
| Ex-Dividend Date | Sep 13, 2024 |
Share Statistics
GTN has 95.37 million shares outstanding. The number of shares has increased by 2.98% in one year.
| Current Share Class | 88.18M |
| Shares Outstanding | 95.37M |
| Shares Change (YoY) | +2.98% |
| Shares Change (QoQ) | +1.04% |
| Owned by Insiders (%) | 13.67% |
| Owned by Institutions (%) | 70.81% |
| Float | 82.33M |
Valuation Ratios
The trailing PE ratio is 2.86 and the forward PE ratio is 8.64. GTN's PEG ratio is 0.83.
| PE Ratio | 2.86 |
| Forward PE | 8.64 |
| PS Ratio | 0.11 |
| Forward PS | 0.11 |
| PB Ratio | 0.19 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 1.34 |
| P/OCF Ratio | 0.87 |
| PEG Ratio | 0.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.37, with an EV/FCF ratio of 23.01.
| EV / Earnings | 48.07 |
| EV / Sales | 2.01 |
| EV / EBITDA | 7.37 |
| EV / EBIT | 10.59 |
| EV / FCF | 23.01 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 2.15.
| Current Ratio | 1.13 |
| Quick Ratio | 0.85 |
| Debt / Equity | 2.15 |
| Debt / EBITDA | 6.20 |
| Debt / FCF | 19.69 |
| Interest Coverage | 1.37 |
Financial Efficiency
Return on equity (ROE) is 7.25% and return on invested capital (ROIC) is 4.66%.
| Return on Equity (ROE) | 7.25% |
| Return on Assets (ROA) | 3.85% |
| Return on Capital (ROIC) | 4.66% |
| Revenue Per Employee | $348,987 |
| Profits Per Employee | $14,613 |
| Employee Count | 9,923 |
| Asset Turnover | 0.32 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GTN has paid $67.00 million in taxes.
| Income Tax | 67.00M |
| Effective Tax Rate | 25.38% |
Stock Price Statistics
The stock price has decreased by -47.72% in the last 52 weeks. The beta is 1.47, so GTN's price volatility has been higher than the market average.
| Beta (5Y) | 1.47 |
| 52-Week Price Change | -47.72% |
| 50-Day Moving Average | 5.25 |
| 200-Day Moving Average | 5.64 |
| Relative Strength Index (RSI) | 35.78 |
| Average Volume (20 Days) | 1,495,992 |
Short Selling Information
The latest short interest is 4.19 million, so 4.39% of the outstanding shares have been sold short.
| Short Interest | 4.19M |
| Short Previous Month | 4.36M |
| Short % of Shares Out | 4.39% |
| Short % of Float | 5.09% |
| Short Ratio (days to cover) | 5.35 |
Income Statement
In the last 12 months, GTN had revenue of $3.46 billion and earned $145.00 million in profits. Earnings per share was $1.53.
| Revenue | 3.46B |
| Gross Profit | 1.06B |
| Operating Income | 658.00M |
| Pretax Income | 99.00M |
| Net Income | 145.00M |
| EBITDA | 946.00M |
| EBIT | 658.00M |
| Earnings Per Share (EPS) | $1.53 |
Balance Sheet
The company has $69.00 million in cash and $5.97 billion in debt, giving a net cash position of -$5.90 billion or -$61.82 per share.
| Cash & Cash Equivalents | 69.00M |
| Total Debt | 5.97B |
| Net Cash | -5.90B |
| Net Cash Per Share | -$61.82 |
| Equity (Book Value) | 2.78B |
| Book Value Per Share | 22.33 |
| Working Capital | 68.00M |
Cash Flow
In the last 12 months, operating cash flow was $466.00 million and capital expenditures -$163.00 million, giving a free cash flow of $303.00 million.
| Operating Cash Flow | 466.00M |
| Capital Expenditures | -163.00M |
| Free Cash Flow | 303.00M |
| FCF Per Share | $3.18 |
Margins
Gross margin is 30.52%, with operating and profit margins of 19.00% and 5.69%.
| Gross Margin | 30.52% |
| Operating Margin | 19.00% |
| Pretax Margin | 7.62% |
| Profit Margin | 5.69% |
| EBITDA Margin | 27.32% |
| EBIT Margin | 19.00% |
| FCF Margin | 2.32% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 7.33%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 7.33% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 20.97% |
| Buyback Yield | -2.98% |
| Shareholder Yield | 4.50% |
| Earnings Yield | 35.61% |
| FCF Yield | 74.40% |
Analyst Forecast
The average price target for GTN is $6.67, which is 52.81% higher than the current price. The consensus rating is "Buy".
| Price Target | $6.67 |
| Price Target Difference | 52.81% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 1.18% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 1, 1998. It was a forward split with a ratio of 1.5:1.
| Last Split Date | Oct 1, 1998 |
| Split Type | Forward |
| Split Ratio | 1.5:1 |
Scores
GTN has an Altman Z-Score of 0.75 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.75 |
| Piotroski F-Score | 6 |