Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.23, but opened at $6.00. Gray Television shares last traded at $6.90, with a volume of 1,212 shares.
Gray Television Price Performance
The firm's 50-day moving average price is $6.99 and its 200-day moving average price is $7.17. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76. The stock has a market capitalization of $695.57 million, a PE ratio of 4.57 and a beta of 1.24.
Gray Television (NYSE:GTN.A - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $1.59 earnings per share (EPS) for the quarter. The firm had revenue of $1.05 billion for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.
Gray Television Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 4.67%. Gray Television's payout ratio is 9.61%.
About Gray Television
(
Get Free Report)
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
Recommended Stories
Before you consider Gray Television, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gray Television wasn't on the list.
While Gray Television currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
