NYSE:GTN Gray Television (GTN) Stock Price, News & Analysis → RSVP: Charles Payne’s Cash Flow Workshop (From Unstoppable Prosperity) (Ad) Free GTN Stock Alerts $6.66 +0.18 (+2.78%) (As of 05/6/2024 ET) Add Compare Share Share Today's Range$6.56▼$6.7150-Day Range$5.53▼$6.4752-Week Range$5.44▼$10.69Volume839,975 shsAverage Volume1.12 million shsMarket Capitalization$647.35 millionP/E RatioN/ADividend Yield4.80%Price Target$12.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Gray Television alerts: Email Address Gray Television MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside91.6% Upside$12.80 Price TargetShort InterestBearish7.90% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.74Upright™ Environmental ScoreNews Sentiment0.43Based on 6 Articles This WeekInsider TradingAcquiring Shares$80,900 Bought Last QuarterProj. Earnings GrowthDecreasingFrom $4.21 to ($0.88) 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.4.59 out of 5 starsConsumer Discretionary Sector33rd out of 268 stocksTelevision Broadcasting Stations Industry1st out of 11 stocks 3.1 Analyst's Opinion Consensus RatingGray Television has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Amount of Analyst CoverageGray Television has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.90% 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 5.1.Change versus previous monthShort interest in Gray Television has recently decreased by 3.89%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipGray Television is a leading dividend payer. It pays a dividend yield of 4.94%, 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. 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 1.9 News and Social Media Coverage News SentimentGray Television has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Gray Television this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for GTN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Gray Television to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gray Television insiders have bought more of their company's stock than they have sold. Specifically, they have bought $80,900.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders13.83% of the stock of Gray Television is held by insiders. A high percentage of insider ownership can be a sign of company health.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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Gray Television are expected to decrease in the coming year, from $4.21 to ($0.88) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gray Television is -4.81, 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 -4.81, 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 0.15. 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 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable ProsperityRSVP: Charles Payne’s Cash Flow WorkshopAre you ready to find untapped value in the stocks you already own… Without selling a single share… Then you need to know these Cash Flow Trade Strategies.Register For Free Now! About Gray Television Stock (NYSE:GTN)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. 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 HeadlinesMay 6, 2024 | theglobeandmail.comGray Television (GTN) Reports Earnings Tomorrow: What To ExpectMay 2, 2024 | msn.comMedical Dramas Take Over Nielsen Streaming List As ‘The Resident’ Jumps To No. 1, Followed By ‘Grey’s Anatomy’May 6, 2024 | Unstoppable Prosperity (Ad)RSVP: Charles Payne’s Cash Flow WorkshopAre you ready to find untapped value in the stocks you already own… Without selling a single share… Then you need to know these Cash Flow Trade Strategies.May 2, 2024 | finance.yahoo.comFossil Group (FOSL) Fell Due to Near-Term Revenue HeadwindsApril 30, 2024 | americanbankingnews.comGray Television (GTN) to Release Earnings on TuesdayApril 29, 2024 | msn.comGray Television Using NextGen TV to Roll Out Advanced Features Like HDRApril 29, 2024 | globenewswire.comGRAY TELEVISION ROLLING OUT ADVANCED FEATURES WITH NEXTGEN TVApril 28, 2024 | americanbankingnews.comGray Television, Inc. (NYSE:GTN) Receives Consensus Rating of "Hold" from AnalystsMay 6, 2024 | Unstoppable Prosperity (Ad)RSVP: Charles Payne’s Cash Flow WorkshopAre you ready to find untapped value in the stocks you already own… Without selling a single share… Then you need to know these Cash Flow Trade Strategies.April 26, 2024 | yahoo.comGray Shelter Episode 5 Release Date & Trailer RevealedApril 26, 2024 | msn.comIs 'Grey's Anatomy' New Tonight? Here's When The Next Episode of 'Grey's Anatomy' Is On ABC And HuluApril 26, 2024 | finance.yahoo.comChptr and Gray Television Team up to Revolutionize How to Remember Loved OnesApril 23, 2024 | msn.comGray or Grey? Which is correct?April 21, 2024 | msn.comBowman Gray Stadium kicks off weekly racing seasonApril 18, 2024 | globenewswire.comGray Renews InvestigateTV+ For 2024-2025 SeasonApril 13, 2024 | msn.comWaymark’s Ai Video Advertising Platform Now in 90%+ of U.S. MarketsApril 10, 2024 | finance.yahoo.com10 Underperforming Stocks Insiders are BuyingApril 9, 2024 | globenewswire.comGRAY SETS DATE FOR FIRST QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALLApril 5, 2024 | globenewswire.comGray Announces Paydown of DebtApril 4, 2024 | globenewswire.comGray Promotes Peter Zampa to Senior National CorrespondentApril 4, 2024 | msn.comGrey’s Anatomy Was Renewed For Season 21, And The Responses On Social Are WildApril 4, 2024 | msn.comWIFR, Gray Television stations to stream live solar eclipse coverageApril 4, 2024 | msn.comGray Television will share market research with CBS-owned TV stationsApril 3, 2024 | msn.comLocal News Live, Gray Stations to stream continuous live eclipse coverageApril 3, 2024 | msn.comGrey's Anatomy Shake-Up: *None* of the Vets Are Signed On for Season 21 YetApril 3, 2024 | globenewswire.comLocal News Live and Gray Stations to Stream Continuous Live Eclipse CoverageApril 3, 2024 | msn.comGrey’s Anatomy To Return For Record-Breaking Season 21See 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 Last Earnings2/23/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today5/06/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Television broadcasting stations Sub-IndustryN/A 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$12.80 High Stock Price Target$19.00 Low Stock Price Target$7.00 Potential Upside/Downside+92.8%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.39) Trailing P/E RatioN/A Forward P/E Ratio1.58 P/E Growth0.15Net Income$-76,000,000.00 Net Margins-2.32% Pretax Margin-2.50% Return on Equity-3.76% Return on Assets-0.71% Debt Debt-to-Equity Ratio3.12 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$3.28 billion Price / Sales0.20 Cash Flow$4.02 per share Price / Cash Flow1.65 Book Value$20.66 per share Price / Book0.32Miscellaneous Outstanding Shares97,200,000Free Float83,761,000Market Cap$645.41 million OptionableOptionable Beta1.55 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsGray TelevisionNYSE:GTN.ASinclairNASDAQ:SBGIE.W. ScrippsNASDAQ:SSPEntravision CommunicationsNYSE:EVCGrupo Televisa, S.A.B.NYSE:TVView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 42,075 shares on 5/1/2024Ownership: 0.069%Allspring Global Investments Holdings LLCBought 4,022 shares on 4/30/2024Ownership: 0.004%Arcadia Investment Management Corp MIBought 57,282 shares on 4/23/2024Ownership: 0.129%Diversified Trust CoSold 4,226 shares on 4/18/2024Ownership: 0.023%Allspring Global Investments Holdings LLCBought 4,022 shares on 4/18/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions GTN Stock Analysis - Frequently Asked Questions Should I buy or sell Gray Television stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gray Television in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GTN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GTN, but not buy additional shares or sell existing shares. View GTN analyst ratings or view top-rated stocks. What is Gray Television's stock price target for 2024? 5 Wall Street analysts have issued 1-year price objectives for Gray Television's shares. Their GTN share price targets range from $7.00 to $19.00. On average, they anticipate the company's share price to reach $12.80 in the next year. This suggests a possible upside of 91.6% from the stock's current price. View analysts price targets for GTN or view top-rated stocks among Wall Street analysts. How have GTN shares performed in 2024? Gray Television's stock was trading at $8.96 at the start of the year. Since then, GTN shares have decreased by 25.4% and is now trading at $6.68. View the best growth stocks for 2024 here. Are investors shorting Gray Television? Gray Television saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,690,000 shares, an increase of 26.2% from the March 15th total of 5,300,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the short-interest ratio is currently 5.6 days. Currently, 8.2% of the shares of the company are short sold. View Gray Television's Short Interest. When is Gray Television's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our GTN earnings forecast. How can I listen to Gray Television's earnings call? Gray Television will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-556-3470 with passcode "898476#". How were Gray Television's earnings last quarter? Gray Television, Inc. (NYSE:GTN) issued its quarterly earnings results on Friday, February, 23rd. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.08. The business had revenue of $864 million for the quarter, compared to analyst estimates of $863.31 million. Gray Television had a negative net margin of 2.32% and a negative trailing twelve-month return on equity of 3.76%. The firm's quarterly revenue was down 19.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.88 earnings per share. How often does Gray Television pay dividends? What is the dividend yield for Gray Television? Gray Television announced a quarterly dividend on Monday, February 26th. Shareholders of record on Friday, March 15th will be given a dividend of $0.08 per share on Thursday, March 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for GTN. Is Gray Television a good dividend stock? Gray Television (NYSE:GTN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 4.94%. GTN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for GTN. What guidance has Gray Television issued on next quarter's earnings? Gray Television issued an update on its first quarter 2024 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $810.0 million-$830.0 million, compared to the consensus revenue estimate of $875.0 million. 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. What other stocks do shareholders of Gray Television own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gray Television investors own include OPKO Health (OPK), TherapeuticsMD (TXMD), bluebird bio (BLUE), Alibaba Group (BABA), Energy Transfer (ET), AT&T (T), Ford Motor (F), Horizon Therapeutics Public (HZNP), Micron Technology (MU) and NVIDIA (NVDA). Who are Gray Television's major shareholders? Gray Television's stock is owned by a number of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (1.36%), Arcadia Investment Management Corp MI (0.13%), BNP Paribas Financial Markets (0.07%), Diversified Trust Co (0.02%), Allspring Global Investments Holdings LLC (0.00%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include D Patrick Laplatney, Harriett J Robinson, Hilton H Howell Jr, Hilton H Howell, Jr, Jackson S Iv Cowart, James C Ryan, Richard Lee Boger, Robert Lawrence Smith, Robin Robinson Howell and T L Elder. 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. This page (NYSE:GTN) was last updated on 5/6/2024 by MarketBeat.com Staff From Our PartnersThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsHe Is Giving Away BitcoinCrypto Swap ProfitsMissed NVDA? Buy this AI stock NOWChaikin AnalyticsAI “wealth window” is closing June 25thParadigm PressElon to Transform U.S. Economy? 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