image
Communication Services - Broadcasting - NYSE - US
$ 6.59
0.611 %
$ 402 M
Market Cap
1.96
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one GTN-A stock under the worst case scenario is HIDDEN Compared to the current market price of 6.59 USD, Gray Television, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one GTN-A stock under the base case scenario is HIDDEN Compared to the current market price of 6.59 USD, Gray Television, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one GTN-A stock under the best case scenario is HIDDEN Compared to the current market price of 6.59 USD, Gray Television, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
3.28 B REVENUE
-10.75%
383 M OPERATING INCOME
-61.31%
-76 M NET INCOME
-16.70%
648 M OPERATING CASH FLOW
-21.83%
-291 M INVESTING CASH FLOW
42.15%
-397 M FINANCING CASH FLOW
12.56%
950 M REVENUE
15.01%
250 M OPERATING INCOME
65.56%
96 M NET INCOME
336.36%
297 M OPERATING CASH FLOW
1550.00%
-40 M INVESTING CASH FLOW
-33.33%
-263 M FINANCING CASH FLOW
-459.57%
Balance Sheet Gray Television, Inc.
image
Current Assets 468 M
Cash & Short-Term Investments 21 M
Receivables 363 M
Other Current Assets 84 M
Non-Current Assets 10.2 B
Long-Term Investments 85 M
PP&E 1.68 B
Other Non-Current Assets 8.41 B
Current Liabilities 395 M
Accounts Payable 23 M
Short-Term Debt 37 M
Other Current Liabilities 335 M
Non-Current Liabilities 7.62 B
Long-Term Debt 6.21 B
Other Non-Current Liabilities 1.41 B
EFFICIENCY
Earnings Waterfall Gray Television, Inc.
image
Revenue 3.28 B
Cost Of Revenue 2.38 B
Gross Profit 898 M
Operating Expenses 515 M
Operating Income 383 M
Other Expenses 459 M
Net Income -76 M
RATIOS
27.37% GROSS MARGIN
27.37%
11.67% OPERATING MARGIN
11.67%
-2.32% NET MARGIN
-2.32%
-2.90% ROE
-2.90%
-0.71% ROA
-0.71%
3.45% ROIC
3.45%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Gray Television, Inc.
image
Net Income -76 M
Depreciation & Amortization 376 M
Capital Expenditures -348 M
Stock-Based Compensation 30 M
Change in Working Capital 325 M
Others 133 M
Free Cash Flow 300 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Gray Television, Inc.
image
GTN-A has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
3.53% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Gray Television, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Jan 02, 2024
Bought 3.05 K USD
BOGER RICHARD LEE
Director
+ 340
8.98 USD
1 year ago
Jan 02, 2024
Bought 525 USD
BOGER RICHARD LEE
Director
+ 59
8.89 USD
1 year ago
Jan 02, 2024
Bought 169 USD
BOGER RICHARD LEE
Director
+ 19
8.89 USD
1 year ago
Jul 03, 2023
Bought 2.99 K USD
BOGER RICHARD LEE
Director
+ 373
8.01 USD
1 year ago
Jul 03, 2023
Bought 511 USD
BOGER RICHARD LEE
Director
+ 54
9.47 USD
1 year ago
Jul 03, 2023
Bought 123 USD
BOGER RICHARD LEE
Director
+ 13
9.47 USD
1 year ago
Oct 02, 2023
Bought 3.02 K USD
BOGER RICHARD LEE
Director
+ 445
6.78 USD
1 year ago
Oct 02, 2023
Bought 165 USD
BOGER RICHARD LEE
Director
+ 20
8.24 USD
1 year ago
Oct 02, 2023
Bought 165 USD
BOGER RICHARD LEE
Director
+ 20
8.24 USD
1 year ago
Oct 02, 2023
Bought 3.02 K USD
BOGER RICHARD LEE
Director
+ 445
6.78 USD
1 year ago
Oct 02, 2023
Bought 165 USD
BOGER RICHARD LEE
Director
+ 20
8.24 USD
1 year ago
Aug 31, 2023
Sell 4.64 K USD
ELDER T L
- 500
9.29 USD
1 year ago
Aug 04, 2023
Sell 36.2 K USD
ELDER T L
- 3493
10.36 USD
1 year ago
Aug 04, 2023
Sell 3.09 K USD
ELDER T L
- 300
10.3 USD
1 year ago
Jun 30, 2023
Bought 9.4 K USD
Howell Robin Robinson
Director
+ 1000
9.4 USD
1 year ago
Jun 29, 2023
Bought 9.61 K USD
Howell Robin Robinson
Director
+ 1000
9.61 USD
1 year ago
Jun 30, 2023
Bought 9.4 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 1000
9.4 USD
1 year ago
Jun 29, 2023
Bought 9.61 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 1000
9.61 USD
1 year ago
Jun 28, 2023
Bought 9.6 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 1060
9.06 USD
1 year ago
Jun 26, 2023
Bought 8.77 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 940
9.33 USD
1 year ago
Jun 28, 2023
Bought 9.6 K USD
Howell Robin Robinson
Director
+ 1060
9.06 USD
1 year ago
Jun 26, 2023
Bought 8.77 K USD
Howell Robin Robinson
Director
+ 940
9.33 USD
1 year ago
Jun 23, 2023
Bought 18.2 K USD
Howell Robin Robinson
Director
+ 2000
9.12 USD
1 year ago
Jun 22, 2023
Bought 17.1 K USD
Howell Robin Robinson
Director
+ 2000
8.55 USD
1 year ago
Jun 23, 2023
Bought 18.2 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 2000
9.12 USD
1 year ago
Jun 22, 2023
Bought 17.1 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 2000
8.55 USD
1 year ago
Jun 21, 2023
Bought 17.3 K USD
Howell Robin Robinson
Director
+ 2000
8.66 USD
1 year ago
Jun 21, 2023
Bought 17.3 K USD
HOWELL HILTON H JR
Chairman, President & CEO
+ 2000
8.66 USD
1 year ago
May 15, 2023
Sell 16.1 K USD
ELDER T L
- 2075
7.76 USD
2 years ago
Dec 19, 2022
Bought 595 K USD
ROBINSON HARRIETT J
Director
+ 33750
17.64 USD
2 years ago
Dec 19, 2022
Bought 630 K USD
ROBINSON HARRIETT J
Director
+ 35000
18 USD
2 years ago
Dec 19, 2022
Sell 595 K USD
ROBINSON HARRIETT J
Director
- 33750
17.64 USD
2 years ago
Nov 15, 2022
Bought 36.3 K USD
BOGER RICHARD LEE
Director
+ 3200
11.35 USD
2 years ago
Nov 11, 2022
Bought 52 K USD
McTear Paul
Director
+ 5000
10.41 USD
2 years ago
Nov 10, 2022
Bought 99.9 K USD
LaPlatney D Patrick
Director
+ 10000
9.99 USD
2 years ago
Nov 07, 2022
Bought 36.4 K USD
BOGER RICHARD LEE
Director
+ 4000
9.1 USD
7. News
Atlanta Dream and Gray Media Renew Broadcast Partnership for 2025 Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region globenewswire.com - 2 weeks ago
Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday ATLANTA, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) at all their NEXTGEN TV FOX affiliates, allowing viewers in eight markets to watch the biggest game of the year with improved contrast between the brightest and darkest colors on the screen. globenewswire.com - 3 weeks ago
Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for the program in its second season, including weekly cumulative reach with Adults 18+ is up 5.7% in the first 18 weeks of the 2024-2025 season compared to the same period in 2023-2024 according to Nielsen.   Gray also renewed the weekend edition of the show, InvestigateTV+ Weekend, for 2025-2026, its fifth season. globenewswire.com - 3 weeks ago
Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) announced today the promotion of Pamela Biddle to the position of Vice President/General Manager of WTVM, the ABC affiliate in Columbus, Georgia, effective February 3, 2025. globenewswire.com - 1 month ago
GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025. globenewswire.com - 1 month ago
Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season globenewswire.com - 1 month ago
Braves Announce Exclusive Gray Media Spring Training Action Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on Gray Media Network of Stations in 2025 Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on Gray Media Network of Stations in 2025 globenewswire.com - 1 month ago
U.S. Department of Justice Suspends Warrantless Airport Search Program After InvestigateTV Reporting ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that following an investigation by Gray's InvestigateTV and Atlanta News First Investigates, the U.S. Department of Justice (DOJ) ended a nationwide search program that seized untold millions in cash from airline passengers without arrests. globenewswire.com - 1 month ago
Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States “EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery “EdgeBeam Wireless” Will Use ATSC 3.0 to Provide Faster, More Secure, and Less Expensive Data Delivery globenewswire.com - 1 month ago
Gray Media Promotes Alison Davis to General Manager of WTOK-TV in Meridian, Mississippi ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meridian, Mississippi, effective January 6, 2025. She will retain her current position as Director of Sales for the station. globenewswire.com - 1 month ago
Gray Media Names Jacque Harms as General Manager of KKTV in Colorado Springs, Colorado ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado. globenewswire.com - 1 month ago
Gray Announces KTUU/KYES General Manager Retirement Atlanta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that longtime KTUU and KYES General Manager Nancy Johnson will retire on January 3, 2025. globenewswire.com - 2 months ago
8. Profile Summary

Gray Television, Inc. GTN-A

image
COUNTRY US
INDUSTRY Broadcasting
MARKET CAP $ 402 M
Dividend Yield 3.53%
Description 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, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; 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 assets that serve 113 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.
Contact 4370 Peachtree Road, NE, Atlanta, GA, 30319 https://www.gray.tv
IPO Date March 17, 1993
Employees 9374
Officers Mr. Mike King Senior Managing Vice President & Chief Marketing Officer Mr. Donald Patrick LaPlatney President, Co-Chief Executive Officer & Director Ms. Charlie Effinger Vice President of Corporate Development Mr. Hilton Hatchett Howell Jr. Executive Chairman & Chief Executive Officer Mr. Jackson S. Cowart IV Senior Vice President & Chief Accounting Officer Mr. David Burke Senior Vice President & Chief Technology Officer Ms. McNamara Sandra Breland Executive Vice President & Chief Operating Officer Mr. Kevin P. Latek J.D. Executive Vice President, Chief Legal & Development Officer and Secretary Mr. James C. Ryan Senior Advisor Mr. Jeff Gignac Executive Vice President & Chief Financial Officer