Gray Television, Inc. (GTN)
| Market Cap | 855.03M |
| Revenue (ttm) | 3.49B |
| Net Income (ttm) | 67.00M |
| Shares Out | 95.43M |
| EPS (ttm) | 0.71 |
| PE Ratio | 12.62 |
| Forward PE | 5.22 |
| Dividend | $0.32 (3.57%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 471,111 |
| Open | 9.16 |
| Previous Close | 9.22 |
| Day's Range | 8.82 - 9.16 |
| 52-Week Range | 5.97 - 14.40 |
| Beta | 1.71 |
| Analysts | Buy |
| Price Target | 12.60 (+40.63%) |
| Earnings Date | Feb 23, 2024 |
About 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, Antenna TV, Telemundo, and Cozi; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital ... [Read more]
Financial Performance
In 2022, GTN's revenue was $3.68 billion, an increase of 52.34% compared to the previous year's $2.41 billion. Earnings were $403.00 million, an increase of 960.53%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for GTN stock is "Buy." The 12-month stock price forecast is $12.6, which is an increase of 40.63% from the latest price.
News
GRAY TELEVISION REACHES AGREEMENT IN PRINCIPLE TO RENEW ALL GRAY NBC AFFILIATIONS NATIONWIDE
Atlanta, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray) (NYSE: GTN) today announced that it has reached an agreement in principle with the NBC Network that extends and renews all of G...
Gray Promotes Bruce Austin to General Manager of WVLT and WBXX in Knoxville, Tennessee
ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced its appointment of Bruce Austin as the next General Manager of WVLT and WBXX, the local CBS and CW...
Gray Television's Assembly Studios Celebrates Grand Opening of Innovative Sound Stages in Georgia
Gray Television & Universal Production Services launch full-service state-of- the-art television and film studios creating thousands of jobs for Georgians Gray Television & Universal Production Servic...
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
ATLANTA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its com...
Gray Reports Strong Revenues and Lower Expenses for the Third Quarter
ATLANTA, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the third quarter ended September 30, 2023, incl...
Gray Issues Investor Deck Addressing Network and Retransmission Landscape
ATLANTA, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) has released a new investor presentation providing Gray's perspective on the broadcast industry and the company i...
Gray Promotes Jason Hall to Vice President
ATLANTA, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced the promotion of Jason Hall to Vice President of Spanish Media Sales, GrayTV Telemundo Station Group.
Local News Live Launches 24/7 Live Stream Across All Gray Television Stations
ATLANTA, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that Local News Live, a streaming news network that provides live news coverage from Gray's 113 t...
Peachtree Sports Network Launches Statewide on Gray Television Stations
ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Peachtree Sports Network, Gray Television's newest sports broadcast channel, will launch Sunday, October 1st on WPCH 17.2. The channel will focus on live, l...
Gray Television Stations Raise More Than $225,000 for Hawaii Fire Relief
ATLANTA, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that its stations have raised more than $225,000 for fire relief efforts in ...
Gray Television's InvestigateTV+ Announces First Investigations Ahead of Official Launch
ATLANTA, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) is excited to announce the official launch of the daily news magazine program InvestigateTV+ on September 11, 202...
Gray Promotes Garrett Pope to Senior Vice President
ATLANTA, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced today its promotion of Garrett Pope to Senior Vice President, Sales Operations, effective September 1s...
Gray Television Posts Core Advertising Revenue Growth In The Second Quarter
ATLANTA, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced strong financial results for the second quarter ended June 30, 2023, includin...
Brian Daugherty Promoted to General Manager of WCSC in Charleston, South Carolina
ATLANTA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) announced Brian Daugh er ty today becomes the General Manager of Gray's WCSC, the local CBS affiliate in Charles...
GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
ATLANTA, July 03, 2023 (GLOBE NEWSWIRE) -- July 3, 2023 . . . Gray Television, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended, June 30, 2023 on Friday...
Gray Renews CBS Network Affiliations Covering All 54 Existing Markets
Agreement sets stage for continued investment in local news and community services Agreement sets stage for continued investment in local news and community services
Gray Television: A Strong Brand in Local Television
Gray Television ( GTN , Financial) is a media company that owns and operates high-quality stations in 113 television markets, collectively reaching 36% of U.S. households, including markets like Atlan...
Gray Promotes Joel Swisher to General Manager of WSAZ and WQCW in Charleston-Huntington, West Virginia
ATLANTA, June 16, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) today announced the promotion of Joel Swisher as the next General Manager of Gray's WSAZ (NBC) and WQCW (CW) i...
David Hughes Named General Manager of WOIO and WUAB in Cleveland
ATLANTA , June 15, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) today announced the promotion of David Hughes as the next General Manager of Gray's WOIO (CBS) and WUAB (CW) in...
Gray Television and its Stations Honored by Service to America, National Headliner, and Several Other Prestigious Awards
ATLANTA, June 07, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) received the 2023 Celebration of Service to America Award for TV Ownership Group at a formal ceremony in Washingto...
RTNDA Awards 78 Regional Edward R. Murrow Awards to 31 Gray Television Stations
ATLANTA, May 30, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R....
Matt Moran Promoted to Senior Managing Vice President at Gray Television
ATLANTA, May 24, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) today announced the promotion of Matt Moran to Senior Managing Vice President, through which he will oversee a gr...
Gray Expands the Roles of Matt Jaquint and Mike King
ATLANTA, May 23, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) today announced the promotions of Matt Jaquint to Chief Revenue Officer and of Mike King to Chief Marketing Offic...
Sandy Breland Named Gray's Chief Operating Officer
ATLANTA, May 22, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray ”) (NYSE: GTN) promoted Sandy Breland from Senior Managing Vice President to the role of Executive Vice President and Chief Oper...
Gray's Operating Results for the First Quarter Driven by Continued Strong Demand and Execution
ATLANTA, May 05, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced financial results for the first quarter ended March 31, 2023, reflecting our t...