Gray Television Statistics
Total Valuation
GTN has a market cap or net worth of $582.67 million. The enterprise value is $6.80 billion.
| Market Cap | 582.67M |
| Enterprise Value | 6.80B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
GTN has 100.98 million shares outstanding. The number of shares has decreased by -1.08% in one year.
| Shares Outstanding | 100.98M |
| Shares Change (YoY) | -1.08% |
| Shares Change (QoQ) | -1.08% |
| Owned by Insiders (%) | 6.65% |
| Owned by Institutions (%) | 85.57% |
| Float | 77.11M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 1.71 |
| PS Ratio | 0.18 |
| Forward PS | 0.15 |
| PB Ratio | 0.30 |
| P/FCF Ratio | 1.94 |
| PEG Ratio | 0.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.76, with an EV/FCF ratio of 22.67.
| EV / Earnings | n/a |
| EV / Sales | 2.07 |
| EV / EBITDA | 9.76 |
| EV / EBIT | 19.00 |
| EV / FCF | 22.67 |
Financial Position
The company has a current ratio of 1.19, with a Debt / Equity ratio of 3.17.
| Current Ratio | 1.19 |
| Quick Ratio | 0.92 |
| Debt / Equity | 3.17 |
| Debt / EBITDA | 8.95 |
| Debt / FCF | 20.80 |
| Interest Coverage | 0.81 |
Financial Efficiency
Return on equity (ROE) is -6.30%.
| Return on Equity (ROE) | -6.30% |
| Return on Assets (ROA) | -1.20% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $350,011 |
| Profits Per Employee | -$13,655 |
| Employee Count | 9,374 |
| Asset Turnover | 0.31 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -6.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -23.37% in the last 52 weeks. The beta is 1.56, so GTN's price volatility has been higher than the market average.
| Beta (1Y) | 1.56 |
| 52-Week Price Change | -23.37% |
| 50-Day Moving Average | 6.13 |
| 200-Day Moving Average | 7.58 |
| Relative Strength Index (RSI) | 45.02 |
| Average Volume (30 Days) | 1,276,446 |
Short Selling Information
The latest short interest is 6.69 million, so 6.62% of the outstanding shares have been sold short.
| Short Interest | 6.69M |
| Short Previous Month | 5.50M |
| Short % of Shares Out | 6.62% |
| Short % of Float | 8.67% |
| Short Ratio (days to cover) | 4.72 |
Income Statement
In the last 12 months, GTN had revenue of $3.28 billion and -$128.00 million in losses. Loss per share was -$1.39.
| Revenue | 3.28B |
| Gross Profit | 898.00M |
| Operating Income | 383.00M |
| Pretax Income | -82.00M |
| Net Income | -128.00M |
| EBITDA | 697.00M |
| EBIT | 358.00M |
| Loss Per Share | -$1.39 |
Balance Sheet
The company has $21.00 million in cash and $6.24 billion in debt, giving a net cash position of -$6.22 billion or -$61.59 per share.
| Cash & Cash Equivalents | 21.00M |
| Total Debt | 6.24B |
| Net Cash | -6.22B |
| Net Cash Per Share | -$61.59 |
| Equity / Book Value | 1.97B |
| Book Value Per Share | 19.52 |
| Working Capital | 73.00M |
Cash Flow
In the last 12 months, operating cash flow was $648.00 million and capital expenditures -$348.00 million, giving a free cash flow of $300.00 million.
| Operating Cash Flow | 648.00M |
| Capital Expenditures | -348.00M |
| Free Cash Flow | 300.00M |
| FCF Per Share | $3.26 |
Margins
Gross margin is 27.37%, with operating and profit margins of 11.67% and -3.90%.
| Gross Margin | 27.37% |
| Operating Margin | 11.67% |
| Pretax Margin | -2.50% |
| Profit Margin | -3.90% |
| EBITDA Margin | 21.24% |
| EBIT Margin | 10.91% |
| FCF Margin | 9.14% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 5.55%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 5.55% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 1.08% |
| Shareholder Yield | 6.62% |
| Earnings Yield | -21.97% |
| FCF Yield | 51.49% |
Analyst Forecast
The average price target for GTN is $13.00, which is 125.30% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.00 |
| Price Target Difference | 125.30% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 3.90% |
| 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 0.61 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.61 |
| Piotroski F-Score | 3 |