NYSE:GTN Gray Television (GTN) Stock Price, News & Analysis $4.59 -0.04 (-0.86%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$4.48▼$4.6950-Day Range$4.23▼$6.5152-Week Range$4.15▼$10.07Volume942,262 shsAverage Volume1.30 million shsMarket Capitalization$455.04 millionP/E RatioN/ADividend Yield6.97%Price Target$8.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Gray Television alerts: Email Address Gray Television MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside81.6% Upside$8.33 Price TargetShort InterestBearish8.42% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.74Upright™ Environmental ScoreNews Sentiment0.75Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom $4.97 to ($0.63) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.19 out of 5 starsConsumer Discretionary Sector49th out of 269 stocksTelevision Broadcasting Stations Industry2nd out of 11 stocks 3.3 Analyst's Opinion Consensus RatingGray Television has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageGray Television has only been the subject of 3 research reports in the past 90 days.Read more about Gray Television's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.42% of the float of Gray Television has been sold short.Short Interest Ratio / Days to CoverGray Television has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Gray Television has recently increased by 18.39%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipGray Television is a leading dividend payer. It pays a dividend yield of 6.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGray Television does not have a long track record of dividend growth.Read more about Gray Television's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGray Television has received a 32.05% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is false driven by its "Broadcasting of television news programs" and "Television advertisements" products. See details.Environmental SustainabilityThe Environmental Impact score for Gray Television is -0.74. Previous Next 2.6 News and Social Media Coverage News SentimentGray Television has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Gray Television this week, compared to 3 articles on an average week.Search Interest7 people have searched for GTN on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gray Television insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.80% of the stock of Gray Television is held by insiders.Percentage Held by Institutions78.64% of the stock of Gray Television is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gray Television's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Gray Television are expected to decrease in the coming year, from $4.97 to ($0.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gray Television is -38.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Gray Television is -38.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioGray Television has a PEG Ratio of 0.10. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGray Television has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Gray Television's valuation and earnings. 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It owns and operates television stations and digital assets that serve television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.Read More GTN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GTN Stock News HeadlinesSeptember 4 at 12:00 PM | globenewswire.comInvestigateTV+ Grows Clearances for 2024 – 2025 SeasonSeptember 3, 2024 | americanbankingnews.comAnalysts Set Gray Television, Inc. (NYSE:GTN) Target Price at $8.33September 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... September 2, 2024 | insidermonkey.comWhere Does Gray Television, Inc. (GTN) Stand Among the Best Broadcasting Stocks to Buy?August 19, 2024 | globenewswire.comGray Media Announces Coverage Plans for 2024 Democratic National ConventionAugust 10, 2024 | seekingalpha.comGray Television: Bumpy Ride But Thesis IntactAugust 8, 2024 | finance.yahoo.comGray Television (NYSE:GTN) Misses Q2 Revenue EstimatesAugust 8, 2024 | globenewswire.comGRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARESeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 8, 2024 | globenewswire.comGray Announces Operating Results for the Second QuarterAugust 1, 2024 | globenewswire.comPALMETTO SPORTS & ENTERTAINMENT TO LAUNCH STATEWIDE ON GRAY MEDIA STATIONSJuly 30, 2024 | msn.comThe Fitz Feed: Jay Gray isn't a fencer but he plays one on TVJuly 25, 2024 | globenewswire.comRock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports NetworkJuly 18, 2024 | globenewswire.comGray Media Partners with Harlem Globetrotters for their Historic Return to Live Television Across the Nation for First Time in 40 YearsJuly 16, 2024 | globenewswire.comGray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi AwardsJuly 10, 2024 | seekingalpha.comTaking A (Speculative) Position In Gray TelevisionJuly 1, 2024 | globenewswire.comGRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALLJune 24, 2024 | globenewswire.comGray Stations Honored by IRE Awards for Outstanding Investigative JournalismSee More Headlines Receive GTN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gray Television and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings8/08/2024Today9/07/2024Ex-Dividend for 9/30 Dividend9/13/2024Dividend Payable9/30/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Television broadcasting stations Sub-IndustryCommunication Current SymbolNYSE:GTN CUSIPN/A CIK43196 Webwww.gray.tv Phone(404) 266-8333Fax404-261-9607Employees9,923Year FoundedN/APrice Target and Rating Average Stock Price Target$8.33 High Stock Price Target$11.00 Low Stock Price Target$4.00 Potential Upside/Downside+81.6%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.12) Trailing P/E RatioN/A Forward P/E Ratio0.92 P/E Growth0.1Net Income$-76,000,000.00 Net Margins1.84% Pretax Margin2.99% Return on Equity3.02% Return on Assets0.57% Debt Debt-to-Equity Ratio2.98 Current Ratio1.63 Quick Ratio1.63 Sales & Book Value Annual Sales$3.32 billion Price / Sales0.14 Cash Flow$3.53 per share Price / Cash Flow1.30 Book Value$20.62 per share Price / Book0.22Miscellaneous Outstanding Shares99,138,000Free Float94,379,000Market Cap$455.04 million OptionableOptionable Beta1.52 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Hilton Hatchett Howell Jr. (Age 62)Executive Chairman & CEO Comp: $4.8MMr. Donald Patrick LaPlatney (Age 64)President, Co-CEO & Director Comp: $3.2MMr. James C. Ryan (Age 63)Executive VP & CFO Comp: $2.26MMs. McNamara Sandra Breland (Age 61)Executive VP & COO Comp: $1.38MMr. Kevin P. Latek (Age 53)Executive VP, Chief Legal & Development Officer and Secretary Comp: $2.24MMr. Jackson S. Cowart IVSenior VP & Chief Accounting OfficerMr. David BurkeSenior VP & Chief Technology OfficerMs. Charlie EffingerVice President of Corporate DevelopmentMr. Mike KingSenior Managing VP & Chief Marketing OfficerMr. Garrett PopeSenior VP of Sales OperationsMore ExecutivesKey CompetitorsAltice USANYSE:ATUSGrupo Televisa, S.A.B.NYSE:TVGray TelevisionNYSE:GTN.AAnterixNASDAQ:ATEXWideOpenWestNYSE:WOWView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 157,126 shares on 9/5/2024Ownership: 0.158%Clearbridge Investments LLCSold 22,004 shares on 8/27/2024Ownership: 1.296%AQR Capital Management LLCBought 48,623 shares on 8/15/2024Ownership: 1.065%Caxton Associates LPBought 70,786 shares on 8/15/2024Ownership: 0.071%Dark Forest Capital Management LPBought 53,053 shares on 8/15/2024Ownership: 0.064%View All Insider TransactionsView All Institutional Transactions GTN Stock Analysis - Frequently Asked Questions How have GTN shares performed this year? Gray Television's stock was trading at $8.96 on January 1st, 2024. Since then, GTN shares have decreased by 48.8% and is now trading at $4.59. View the best growth stocks for 2024 here. How were Gray Television's earnings last quarter? Gray Television, Inc. (NYSE:GTN) issued its quarterly earnings data on Thursday, August, 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. Gray Television's revenue for the quarter was up 1.6% compared to the same quarter last year. What is Hilton H. Howell, Jr.'s approval rating as Gray Television's CEO? 63 employees have rated Gray Television Chief Executive Officer Hilton H. Howell, Jr. on Glassdoor.com. Hilton H. Howell, Jr. has an approval rating of 57% among the company's employees. This puts Hilton H. Howell, Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are Gray Television's major shareholders? Gray Television's top institutional shareholders include Darsana Capital Partners LP (4.13%), Tributary Capital Management LLC (1.35%), Clearbridge Investments LLC (1.30%) and AQR Capital Management LLC (1.06%). Insiders that own company stock include Hilton H Howell Jr, Robin Robinson Howell, Harriett J Robinson, D Patrick Laplatney, James C Ryan, Richard Lee Boger, T L Elder, Jackson S Iv Cowart and Robert Lawrence Smith. View institutional ownership trends. How do I buy shares of Gray Television? Shares of GTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Gray Television own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gray Television investors own include OPKO Health (OPK), TherapeuticsMD (TXMD), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T) and Ford Motor (F). This page (NYSE:GTN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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