Gray Television Statistics
Total Valuation
GTN has a market cap or net worth of $593.98 million. The enterprise value is $6.69 billion.
| Market Cap | 593.98M |
| Enterprise Value | 6.69B |
Important Dates
The next confirmed earnings date is Thursday, August 8, 2024, before market open.
| Earnings Date | Aug 8, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
GTN has 104.94 million shares outstanding. The number of shares has increased by 3.26% in one year.
| Shares Outstanding | 104.94M |
| Shares Change (YoY) | +3.26% |
| Shares Change (QoQ) | +3.26% |
| Owned by Insiders (%) | 6.80% |
| Owned by Institutions (%) | 85.27% |
| Float | 76.92M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 1.56 |
| PS Ratio | 0.18 |
| Forward PS | 0.15 |
| PB Ratio | 0.29 |
| P/FCF Ratio | 18.56 |
| PEG Ratio | 0.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.85, with an EV/FCF ratio of 209.03.
| EV / Earnings | n/a |
| EV / Sales | 2.03 |
| EV / EBITDA | 7.85 |
| EV / EBIT | 12.62 |
| EV / FCF | 209.03 |
Financial Position
The company has a current ratio of 1.42, with a Debt / Equity ratio of 3.04.
| Current Ratio | 1.42 |
| Quick Ratio | 1.17 |
| Debt / Equity | 3.04 |
| Debt / EBITDA | 7.31 |
| Debt / FCF | 194.66 |
| Interest Coverage | 1.18 |
Financial Efficiency
Return on equity (ROE) is -0.40%.
| Return on Equity (ROE) | -0.40% |
| Return on Assets (ROA) | -0.10% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $332,863 |
| Profits Per Employee | -$907 |
| Employee Count | 9,923 |
| Asset Turnover | 0.31 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GTN has paid $36.00 million in taxes.
| Income Tax | 36.00M |
| Effective Tax Rate | 133.33% |
Stock Price Statistics
The stock price has decreased by -40.04% in the last 52 weeks. The beta is 1.52, so GTN's price volatility has been higher than the market average.
| Beta (5Y) | 1.52 |
| 52-Week Price Change | -40.04% |
| 50-Day Moving Average | 5.60 |
| 200-Day Moving Average | 6.85 |
| Relative Strength Index (RSI) | 60.37 |
| Average Volume (20 Days) | 1,856,677 |
Short Selling Information
The latest short interest is 6.80 million, so 6.48% of the outstanding shares have been sold short.
| Short Interest | 6.80M |
| Short Previous Month | 6.96M |
| Short % of Shares Out | 6.48% |
| Short % of Float | 8.83% |
| Short Ratio (days to cover) | 5.10 |
Income Statement
In the last 12 months, GTN had revenue of $3.30 billion and -$9.00 million in losses. Loss per share was -$0.12.
| Revenue | 3.30B |
| Gross Profit | 930.00M |
| Operating Income | 440.00M |
| Pretax Income | 79.00M |
| Net Income | -9.00M |
| EBITDA | 852.00M |
| EBIT | 530.00M |
| Loss Per Share | -$0.12 |
Balance Sheet
The company has $134.00 million in cash and $6.23 billion in debt, giving a net cash position of -$6.10 billion or -$58.08 per share.
| Cash & Cash Equivalents | 134.00M |
| Total Debt | 6.23B |
| Net Cash | -6.10B |
| Net Cash Per Share | -$58.08 |
| Equity (Book Value) | 2.05B |
| Book Value Per Share | 19.53 |
| Working Capital | 177.00M |
Cash Flow
In the last 12 months, operating cash flow was $304.00 million and capital expenditures -$272.00 million, giving a free cash flow of $32.00 million.
| Operating Cash Flow | 304.00M |
| Capital Expenditures | -272.00M |
| Free Cash Flow | 32.00M |
| FCF Per Share | $0.34 |
Margins
Gross margin is 28.16%, with operating and profit margins of 13.32% and -0.27%.
| Gross Margin | 28.16% |
| Operating Margin | 13.32% |
| Pretax Margin | 2.39% |
| Profit Margin | -0.27% |
| EBITDA Margin | 25.79% |
| EBIT Margin | 16.05% |
| FCF Margin | 0.97% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 5.65%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 5.65% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.26% |
| Shareholder Yield | 2.39% |
| Earnings Yield | -1.52% |
| FCF Yield | 5.39% |
Analyst Forecast
The average price target for GTN is $11.25, which is 98.76% higher than the current price. The consensus rating is "Buy".
| Price Target | $11.25 |
| Price Target Difference | 98.76% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| 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 3:2.
| Last Split Date | Oct 1, 1998 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
GTN has an Altman Z-Score of 0.68 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.68 |
| Piotroski F-Score | 4 |