Gray Television Statistics
Total Valuation
GTN has a market cap or net worth of $551.24 million. The enterprise value is $7.35 billion.
| Market Cap | 551.24M |
| Enterprise Value | 7.35B |
Important Dates
The next confirmed earnings date is 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 1.63% in one year.
| Shares Outstanding | 95.37M |
| Shares Change (YoY) | +1.63% |
| Shares Change (QoQ) | +1.05% |
| Owned by Insiders (%) | 13.67% |
| Owned by Institutions (%) | 78.33% |
| Float | 82.33M |
Valuation Ratios
The trailing PE ratio is 59.73 and the forward PE ratio is 2.00. GTN's PEG ratio is 0.20.
| PE Ratio | 59.73 |
| Forward PE | 2.00 |
| PS Ratio | 0.16 |
| Forward PS | 0.14 |
| PB Ratio | 0.27 |
| P/FCF Ratio | 7.16 |
| PEG Ratio | 0.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.99, with an EV/FCF ratio of 95.51.
| EV / Earnings | 817.17 |
| EV / Sales | 2.22 |
| EV / EBITDA | 8.99 |
| EV / EBIT | 14.34 |
| EV / FCF | 95.51 |
Financial Position
The company has a current ratio of 1.63, with a Debt / Equity ratio of 2.30.
| Current Ratio | 1.63 |
| Quick Ratio | 1.27 |
| Debt / Equity | 2.30 |
| Debt / EBITDA | 7.44 |
| Debt / FCF | 80.68 |
| Interest Coverage | 1.12 |
Financial Efficiency
Return on equity (ROE) is 2.25% and return on invested capital (ROIC) is 3.58%.
| Return on Equity (ROE) | 2.25% |
| Return on Assets (ROA) | 2.99% |
| Return on Capital (ROIC) | 3.58% |
| Revenue Per Employee | $334,173 |
| 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 $38.00 million in taxes.
| Income Tax | 38.00M |
| Effective Tax Rate | 38.38% |
Stock Price Statistics
The stock price has decreased by -25.61% 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 | -25.61% |
| 50-Day Moving Average | 5.28 |
| 200-Day Moving Average | 5.93 |
| Relative Strength Index (RSI) | 59.55 |
| Average Volume (20 Days) | 772,406 |
Short Selling Information
The latest short interest is 4.55 million, so 4.77% of the outstanding shares have been sold short.
| Short Interest | 4.55M |
| Short Previous Month | 6.28M |
| Short % of Shares Out | 4.77% |
| Short % of Float | 5.53% |
| Short Ratio (days to cover) | 4.17 |
Income Statement
In the last 12 months, GTN had revenue of $3.32 billion and earned $9.00 million in profits. Earnings per share was $0.10.
| Revenue | 3.32B |
| Gross Profit | 928.00M |
| Operating Income | 513.00M |
| Pretax Income | 99.00M |
| Net Income | 9.00M |
| EBITDA | 818.00M |
| EBIT | 513.00M |
| Earnings Per Share (EPS) | $0.10 |
Balance Sheet
The company has $75.00 million in cash and $6.21 billion in debt, giving a net cash position of -$6.14 billion or -$64.35 per share.
| Cash & Cash Equivalents | 75.00M |
| Total Debt | 6.21B |
| Net Cash | -6.14B |
| Net Cash Per Share | -$64.35 |
| Equity (Book Value) | 2.71B |
| Book Value Per Share | 21.55 |
| Working Capital | 207.00M |
Cash Flow
In the last 12 months, operating cash flow was $275.00 million and capital expenditures -$198.00 million, giving a free cash flow of $77.00 million.
| Operating Cash Flow | 275.00M |
| Capital Expenditures | -198.00M |
| Free Cash Flow | 77.00M |
| FCF Per Share | $0.81 |
Margins
Gross margin is 27.99%, with operating and profit margins of 15.47% and 1.84%.
| Gross Margin | 27.99% |
| Operating Margin | 15.47% |
| Pretax Margin | 2.99% |
| Profit Margin | 1.84% |
| EBITDA Margin | 24.67% |
| EBIT Margin | 15.47% |
| FCF Margin | 2.32% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 5.54%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 5.54% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 330.67% |
| Buyback Yield | -1.63% |
| Shareholder Yield | 3.91% |
| Earnings Yield | 1.63% |
| FCF Yield | 13.97% |
Analyst Forecast
The average price target for GTN is $8.33, which is 44.12% higher than the current price. The consensus rating is "Buy".
| Price Target | $8.33 |
| Price Target Difference | 44.12% |
| 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 0.7 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.7 |
| Piotroski F-Score | 6 |