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Gray Television NYSE:GTN Stock Report

Last Price

US$4.21

Market Cap

US$434.7m

7D

-4.3%

1Y

-47.9%

Updated

20 Nov, 2024

Data

Company Financials +

Gray Television, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gray Television
Historical stock prices
Current Share PriceUS$4.21
52 Week HighUS$10.07
52 Week LowUS$3.95
Beta1.48
11 Month Change-24.82%
3 Month Change-13.55%
1 Year Change-47.90%
33 Year Change-80.55%
5 Year Change-79.55%
Change since IPO-67.62%

Recent News & Updates

Gray Television: Still A Value Trap

Nov 19

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Nov 12
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television: Dead Money (Rating Downgrade)

Nov 10

Recent updates

Gray Television: Still A Value Trap

Nov 19

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Nov 12
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television: Dead Money (Rating Downgrade)

Nov 10

Improved Revenues Required Before Gray Television, Inc. (NYSE:GTN) Shares Find Their Feet

Oct 17
Improved Revenues Required Before Gray Television, Inc. (NYSE:GTN) Shares Find Their Feet

Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Sep 10
Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Aug 20
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Gray Television: Bumpy Ride But Thesis Intact

Aug 10

Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Aug 05
Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Jul 15
Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Taking A (Speculative) Position In Gray Television

Jul 10

Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 19
Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Jun 01
Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Gray Television: Tune In To The Main Event

Apr 02

Gray Television (NYSE:GTN) Has No Shortage Of Debt

Jan 24
Gray Television (NYSE:GTN) Has No Shortage Of Debt

Gray Television: Undervalued But Faces Significant Debt Overhang And Industry Headwinds

Jan 11

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Dec 13
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Nov 11
Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Nov 03
Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Gray Television: Deep Value Or Value Trap?

Nov 01

Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Sep 27
Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Sep 04
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Gray Television Can Unlock A Lot Of Shareholder Value By Simply Paying Down Its Debt

Aug 22

Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Aug 21
Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Aug 07
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Should You Investigate Gray Television, Inc. (NYSE:GTN) At US$7.40?

Jun 15
Should You Investigate Gray Television, Inc. (NYSE:GTN) At US$7.40?

Gray Television: A Heavily Discounted Stock With Serious Headwinds

Jun 03

Shareholder Returns

GTNUS MediaUS Market
7D-4.3%-2.7%-1.0%
1Y-47.9%9.3%30.3%

Return vs Industry: GTN underperformed the US Media industry which returned 7.7% over the past year.

Return vs Market: GTN underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is GTN's price volatile compared to industry and market?
GTN volatility
GTN Average Weekly Movement9.8%
Media Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: GTN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GTN's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
18919,649Hilton Howellwww.gray.tv

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, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets. It owns and operates television stations and digital assets that serve television markets in the United States.

Gray Television, Inc. Fundamentals Summary

How do Gray Television's earnings and revenue compare to its market cap?
GTN fundamental statistics
Market capUS$434.68m
Earnings (TTM)US$145.00m
Revenue (TTM)US$3.46b

2.8x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTN income statement (TTM)
RevenueUS$3.46b
Cost of RevenueUS$2.41b
Gross ProfitUS$1.06b
Other ExpensesUS$912.00m
EarningsUS$145.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.52
Gross Margin30.52%
Net Profit Margin4.19%
Debt/Equity Ratio212.0%

How did GTN perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

21%

Payout Ratio

Does GTN pay a reliable dividends?

See GTN dividend history and benchmarks
When do you need to buy GTN by to receive an upcoming dividend?
Gray Television dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateDec 31 2024
Days until Ex dividend22 days
Days until Dividend pay date40 days

Does GTN pay a reliable dividends?

See GTN dividend history and benchmarks