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Gray Television NYSE:GTN Stock Report

Last Price

US$6.27

Market Cap

US$597.7m

7D

10.2%

1Y

-29.5%

Updated

25 Jul, 2024

Data

Company Financials +

GTN Stock Overview

A television broadcasting company, owns and/or operates television stations and digital assets in the United States.

GTN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance0/6
Financial Health1/6
Dividends2/6

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$6.27
52 Week HighUS$10.69
52 Week LowUS$4.39
Beta1.52
11 Month Change28.22%
3 Month Change11.76%
1 Year Change-29.47%
33 Year Change-71.98%
5 Year Change-64.46%
Change since IPO-51.77%

Recent News & Updates

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

Recent updates

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

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

May 22
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

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

May 08
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Is Gray Television (NYSE:GTN) Using Too Much Debt?

Apr 06
Is Gray Television (NYSE:GTN) Using Too Much Debt?

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

Feb 27
Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Gray Television: Trending Towards Poor Returns And Excess Risk

Feb 23

Gray Television swaps Idaho, Georgia stations with Marquee

Feb 15

When Should You Buy Gray Television, Inc. (NYSE:GTN)?

Dec 30
When Should You Buy Gray Television, Inc. (NYSE:GTN)?

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

Dec 07
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television (NYSE:GTN) Will Pay A Dividend Of $0.08

Nov 20
Gray Television (NYSE:GTN) Will Pay A Dividend Of $0.08

Shareholder Returns

GTNUS MediaUS Market
7D10.2%-2.7%-2.4%
1Y-29.5%-10.8%17.5%

Return vs Industry: GTN underperformed the US Media industry which returned -8.9% over the past year.

Return vs Market: GTN underperformed the US Market which returned 17.2% over the past year.

Price Volatility

Is GTN's price volatile compared to industry and market?
GTN volatility
GTN Average Weekly Movement8.0%
Media Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: GTN's weekly volatility (8%) has been stable over the past year.

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$597.66m
Earnings (TTM)-US$9.00m
Revenue (TTM)US$3.30b

0.2x

P/S Ratio

-66.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTN income statement (TTM)
RevenueUS$3.30b
Cost of RevenueUS$2.37b
Gross ProfitUS$931.00m
Other ExpensesUS$940.00m
Earnings-US$9.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)-0.095
Gross Margin28.19%
Net Profit Margin-0.27%
Debt/Equity Ratio227.9%

How did GTN perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

-329%

Payout Ratio
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