Communication Services -
Broadcasting - NYSE - US
$ 7.12
-0.35 %
$ 372 M
Market Cap
4.75
P/E
1. INTRINSIC VALUE
Balance Sheet
Gray Television, Inc.
| 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.
| 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
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Gray Television, Inc.
| 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 |
Wall Street Analysts Price Targets
Gray Television, Inc.
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.
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
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 week 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
- 2 weeks 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
- 2 weeks 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 weeks ago
Gray Television, Inc. Will Officially Become Gray Media, Inc.
ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that its Board of Directors has unanimously voted to change the company's name to Gray Media, Inc. effective as of 12:01 a.m. on January 1, 2025. The Board's action aligns the company's formal name with the widespread practice over the past few years of referring to the company as “Gray Media” or simply “Gray” both internally and externally.
globenewswire.com
- 2 weeks ago
Gray Renews All ABC Affiliation Agreements
Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliations for all of Gray's ABC affiliated television stations across 25 markets through December 31, 2028.
globenewswire.com
- 2 weeks ago
Atlanta Braves Partner with Gray Media to Simulcast 15 Regular Season Games
Partnership also includes 10 spring training games airing only on Gray TV plus opportunity to create additional Braves content for fans throughout Braves Country. Braves significantly increase fans' options to watch the selected games and other Braves-related content Partnership also includes 10 spring training games airing only on Gray TV plus opportunity to create additional Braves content for fans throughout Braves Country. Braves significantly increase fans' options to watch the selected games and other Braves-related content
globenewswire.com
- 1 month ago
Gray Announces Two General Manager Retirements
ATLANTA, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the upcoming retirements of two veteran broadcasters at year-end. In Columbus, Georgia, Holly Steuart will retire as the General Manager of WTVM, the local ABC affiliate, and in Myrtle Beach, South Carolina, Scott Sanders will retire as the General Manager of WMBF, the local NBC affiliate.
globenewswire.com
- 1 month ago
GRAY MEDIA AND THE NATIONAL COLLEGIATE HOCKEY CONFERENCE TEAM UP TO BRING ELITE COLLEGE HOCKEY FREE OVER-THE-AIR TO VIEWERS ACROSS THE COUNTRY
ATLANTA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) and the National Collegiate Hockey Conference (NCHC) today announced that select NCHC college hockey games will appear free, over-the-air on Gray's market-leading television stations and over-the-air broadcast sports networks across the country. The first game, pitting No. 2-ranked and defending national champion Denver and No. 8-ranked Colorado College, will air in more than 20 Gray markets, including in St. Louis on Matrix Midwest Sports, throughout Louisiana on the Gulf Coast Sports & Entertainment Network, and across South Carolina on the Palmetto Sports & Entertainment Network on Friday, December 13, 2024 at 7 p.m. Mountain Time.
globenewswire.com
- 1 month ago
Derek Rogers Joins Gray Media as General Manager of KXII and FXII in Sherman, Texas
ATLANTA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “Gray Media”) (NYSE: GTN) announced that Derek Rogers will join the company as the next General Manager and Director of Sales for KXII (CBS) and FXII (FOX) in Sherman, Texas, on January 6, 2025. He will succeed Rick Dean, who is retiring after 39 years at the stations, including the last 23 years as General Manager.
globenewswire.com
- 1 month ago
Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company's principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company's total principal debt reduction to $519 million since January 1, 2024. Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase authorization, replenishing the authorization to a total of $250 million of available liquidity to repurchase our outstanding indebtedness. We anticipate that the meaningful reduction in our outstanding debt this year will result in a significant reduction of cash interest expense going forward.
globenewswire.com
- 1 month ago
Gray Announces Three General Manager Retirements
ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring as the General Manager and Director of Sales of WAGM. In Hazard, Kentucky, Neil Middleton is retiring as the General Manager of WYMT. In Topeka, Kansas, Roger Brokke is retiring as the General Manager and Director of Sales of WIBW.
globenewswire.com
- 2 months ago
8. Profile
Summary
Gray Television, Inc. GTN-A
COUNTRY
US
INDUSTRY
Broadcasting
MARKET CAP
$ 372 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
Ms. McNamara Sandra Breland
Executive Vice President & Chief Operating Officer
Mr. Mike King
Senior Managing Vice President & Chief Marketing Officer
Mr. Donald Patrick LaPlatney
President, Co-Chief Executive Officer & Director
Mr. Jeff Gignac
Executive Vice President & Chief Financial Officer
Mr. Kevin P. Latek J.D.
Executive Vice President, Chief Legal & Development Officer and Secretary
Mr. Jackson S. Cowart IV
Senior Vice President & Chief Accounting Officer
Mr. Hilton Hatchett Howell Jr.
Executive Chairman & Chief Executive Officer
Mr. James C. Ryan
Senior Advisor
Mr. David Burke
Senior Vice President & Chief Technology Officer
Ms. Charlie Effinger
Vice President of Corporate Development