gray television - GTN
GTN
Close Chg Chg %
4.21 0.15 3.56%
Closed Market
4.36
+0.15 (3.56%)
Volume: 2.35M
Last Updated:
Nov 21, 2024, 3:59 PM EDT
Company Overview: gray television - GTN
GTN Key Data
| Open $4.29 | Day Range 4.25 - 4.42 |
| 52 Week Range 3.95 - 10.06 | Market Cap $419.60M |
| Shares Outstanding 99.67M | Public Float 84.42M |
| Beta 1.47 | Rev. Per Employee N/A |
| P/E Ratio 2.80 | EPS $1.53 |
| Yield 760.10% | Dividend $0.08 |
| EX-DIVIDEND DATE Dec 13, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.48M |
GTN Performance
| 1 Week | -7.04% | ||
| 1 Month | -21.16% | ||
| 3 Months | -16.31% | ||
| 1 Year | -45.70% | ||
| 5 Years | -78.04% |
GTN Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
7
Full Ratings ➔
About gray television - GTN
Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The firm's segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.
GTN At a Glance
Gray Television, Inc.
4370 Peachtree Road NE
Atlanta, Georgia 30319-3000
| Phone | 1-404-266-8333 | Revenue | 3.28B | |
| Industry | Broadcasting | Net Income | -76,000,000.00 | |
| Sector | Consumer Services | Employees | 9,374 | |
| Fiscal Year-end | 12 / 2024 | |||
| View SEC Filings |
GTN Valuation
| P/E Current | 2.802 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 0.251 |
| Price to Book Ratio | 0.434 |
| Price to Cash Flow Ratio | 1.272 |
| Enterprise Value to EBITDA | 9.776 |
| Enterprise Value to Sales | 2.345 |
| Total Debt to Enterprise Value | 0.811 |
GTN Efficiency
| Revenue/Employee | 350,010.668 |
| Income Per Employee | -8,107.531 |
| Receivables Turnover | 9.039 |
| Total Asset Turnover | 0.299 |
GTN Liquidity
| Current Ratio | 1.185 |
| Quick Ratio | 1.139 |
| Cash Ratio | 0.053 |
GTN Profitability
| Gross Margin | 17.068 |
| Operating Margin | 13.654 |
| Pretax Margin | -2.499 |
| Net Margin | -2.316 |
| Return on Assets | -0.692 |
| Return on Equity | -2.822 |
| Return on Total Capital | -0.858 |
| Return on Invested Capital | -0.839 |
GTN Capital Structure
| Total Debt to Total Equity | 238.077 |
| Total Debt to Total Capital | 70.421 |
| Total Debt to Total Assets | 57.933 |
| Long-Term Debt to Equity | 315.271 |
| Long-Term Debt to Total Capital | 70.128 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Gray Television - GTN
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 2.38B | 2.41B | 3.68B | 3.28B | |
Sales Growth
| +12.21% | +1.34% | +52.34% | -10.75% | |
Cost of Goods Sold (COGS) incl D&A
| 1.59B | 1.83B | 2.58B | 2.72B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 201.00M | 221.00M | 336.00M | 339.00M | |
Depreciation
| 96.00M | 104.00M | 129.00M | 145.00M | |
Amortization of Intangibles
| 105.00M | 117.00M | 207.00M | 194.00M | |
COGS Growth
| +2.84% | +14.75% | +41.03% | +5.55% | |
Gross Income
| 788.00M | 585.00M | 1.10B | 560.00M | |
Gross Income Growth
| +37.52% | -25.76% | +87.69% | -49.00% | |
Gross Profit Margin
| +33.10% | +24.24% | +29.87% | +17.07% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 64.00M | 88.00M | 102.00M | 112.00M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 64.00M | 88.00M | 102.00M | 112.00M | |
SGA Growth
| -8.57% | +37.50% | +15.91% | +9.80% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 13.00M | 74.00M | 26.00M | 76.00M | |
EBIT after Unusual Expense
| 711.00M | 423.00M | 970.00M | 372.00M | |
Non Operating Income/Expense
| 24.00M | (50.00M) | (2.00M) | (14.00M) | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 191.00M | 205.00M | 354.00M | 440.00M | |
Interest Expense Growth
| -15.86% | +7.33% | +72.68% | +24.29% | |
Gross Interest Expense
| 191.00M | 205.00M | 354.00M | 440.00M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 544.00M | 168.00M | 614.00M | (82.00M) | |
Pretax Income Growth
| +113.33% | -69.12% | +265.48% | -113.36% | |
Pretax Margin
| +22.85% | +6.96% | +16.70% | -2.50% | |
Income Tax
| 134.00M | 78.00M | 159.00M | (6.00M) | |
Income Tax - Current - Domestic
| 59.00M | 100.00M | 179.00M | 85.00M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 75.00M | (22.00M) | (20.00M) | (91.00M) | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 410.00M | 90.00M | 455.00M | (76.00M) | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 410.00M | 90.00M | 455.00M | (76.00M) | |
Net Income Growth
| +129.05% | -78.05% | +405.56% | -116.70% | |
Net Margin Growth
| +17.22% | +3.73% | +12.38% | -2.32% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 410.00M | 90.00M | 455.00M | (76.00M) | |
Preferred Dividends
| 52.00M | 52.00M | 52.00M | 52.00M | |
Net Income Available to Common
| 358.00M | 38.00M | 403.00M | (128.00M) | |
EPS (Basic)
| 3.7292 | 0.4 | 4.3804 | -1.3913 | |
EPS (Basic) Growth
| +190.71% | -89.27% | +995.10% | -131.76% | |
Basic Shares Outstanding
| 96.00M | 95.00M | 92.00M | 92.00M | |
EPS (Diluted)
| 3.6907 | 0.4 | 4.3333 | -1.3913 | |
EPS (Diluted) Growth
| +190.61% | -89.16% | +983.33% | -132.11% | |
Diluted Shares Outstanding
| 97.00M | 95.00M | 93.00M | 92.00M | |
EBITDA
| 925.00M | 718.00M | 1.33B | 787.00M | |
EBITDA Growth
| +32.52% | -22.38% | +85.52% | -40.92% | |
EBITDA Margin
| +38.85% | +29.76% | +36.24% | +23.99% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 8.00 | |
| Number of Ratings | 7 | Current Quarters Estimate | 1.167 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 2.89 | |
| Last Quarter’s Earnings | 0.86 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | -1.39 | Next Fiscal Year Estimate | -0.59 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 6 | 6 | 7 | 6 |
| Mean Estimate | 1.17 | -0.25 | 2.89 | -0.59 |
| High Estimates | 1.34 | -0.19 | 3.34 | -0.25 |
| Low Estimate | 0.96 | -0.34 | 2.40 | -0.97 |
| Coefficient of Variance | 12.78 | -19.15 | 10.36 | -45.91 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 4 | 3 | 3 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 1 | 1 | 1 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 2 | 2 | 2 |
| MEAN | Overweight | Hold | Hold |
SEC Filings for Gray Television - GTN
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Gray Television - GTN
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jul 3, 2024 | James C. Ryan EVP & Chief Financial Officer | 680,799 | Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 | 0.00 |
| May 13, 2024 | Lorraine McClain Director | 52,886 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Luis A. Garcia Director | 65,204 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Robin Robinson Howell Chairman, President & CEO; Director | 104,965 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Richard Lee Boger Director | 71,347 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Robin Robinson Howell Director | 104,965 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Howell W. Newton Director | 92,252 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Sterling A. Spainhour Director | 43,727 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Paul H. McTear Director | 113,140 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 13, 2024 | Richard B. Hare Director | 61,221 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Jackson S. Cowart Chief Accounting Officer | 26,617 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Jackson S. Cowart Chief Accounting Officer | 36,026 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 6, 2024 | Jackson S. Cowart Chief Accounting Officer | 18,528 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.72 per share | 105,980.16 |
| Mar 6, 2024 | Jackson S. Cowart Chief Accounting Officer | 5,591 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.72 per share | 31,980.52 |
| Mar 4, 2024 | Donald Patrick LaPlatney President and Co-CEO; Director | 1,052,871 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.84 per share | 6,148,766.64 |
| Mar 4, 2024 | Donald Patrick LaPlatney President and Co-CEO; Director | 999,389 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.84 per share | 5,836,431.76 |
| Mar 4, 2024 | Kevin P. Latek EVP Chief L & D Officer | 683,676 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.84 per share | 3,992,667.84 |
| Mar 4, 2024 | Sandra Breland Mcnamara Executive Vice President, COO | 352,024 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.84 per share | 2,055,820.16 |
| Dec 13, 2023 | Hilton H. Howell Director | 2,291,888 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $9.05 per share | 20,741,586.40 |