$5.73
Gray Television is a broadcasting business based in the US. Gray Television shares (GTN) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $5.86 – an increase of 3.35% over the previous week. Gray Television employs 9,374 staff and has a trailing 12-month revenue of around $3.3 billion.
What's in this guide?
- GTN shares summary
- Compare share dealing platforms
- Is GTN stock a buy or sell?
- Stock performance over time
- Can I short GTN shares?
- Are GTN shares over-valued?
- Gray Television's financials
- How volatile are GTN shares?
- Does Gray Television pay a dividend?
- Have GTN shares ever split?
- Other common questions
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Gray Television stock price (NYSE: GTN)
Use our graph to track the performance of GTN stocks over time.Gray Television shares at a glance
Latest market close | $5.86 |
---|---|
52-week range | $4.08 - $9.61 |
50-day moving average | $4.99 |
200-day moving average | $6.18 |
Wall St. target price | $9.00 |
PE ratio | 81 |
Dividend yield | $0.32 (5.71%) |
Earnings per share (TTM) | $0.07 |
Is it a good time to buy Gray Television stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Gray Television price performance over time
Historical closes compared with the close of $5.86 from 2024-10-18
1 week (2024-10-15) | 2.27% |
---|---|
1 month (2024-09-20) | 16.50% |
3 months (2024-07-22) | -2.50% |
6 months (2024-04-22) | -0.17% |
1 year (2023-10-20) | -8.58% |
---|---|
2 years (2022-10-21) | -62.24% |
3 years (2021-10-22) | 23.3 |
5 years (2019-10-22) | 16.4745 |
Is Gray Television stock undervalued or overvalued?
Valuing Gray Television stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gray Television's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Gray Television's P/E ratio
Gray Television's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 81x. In other words, Gray Television shares trade at around 81x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Gray Television's PEG ratio
Gray Television's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.1134. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Gray Television's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Gray Television's EBITDA
Gray Television's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $818 million.
The EBITDA is a measure of a Gray Television's overall financial performance and is widely used to measure a its profitability.
Gray Television financials
Revenue TTM | $3.3 billion |
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Operating margin TTM | 18.28% |
Gross profit TTM | $1.4 billion |
Return on assets TTM | 2.99% |
Return on equity TTM | 2.25% |
Profit margin | 1.84% |
Book value | $21.55 |
Market Capitalization | $572.9 million |
TTM: trailing 12 months
Gray Television share dividends
Dividend payout ratio: 4.57% of net profits
Recently Gray Television has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Gray Television shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Gray Television's case, that would currently equate to about $0.32 per share.
While Gray Television's payout ratio might seem low, this can signify that Gray Television is investing more in its future growth.
Gray Television's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 12 September 2024 (the "ex-dividend date").
Have Gray Television's shares ever split?
Gray Television's shares were split on a 3:2 basis on 30 September 1998 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Gray Television shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Gray Television shares which in turn could have impacted Gray Television's share price.
Gray Television share price volatility
Over the last 12 months, Gray Television's shares have ranged in value from as little as $4.0777 up to $9.6123. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Gray Television's is 1.489. This would suggest that Gray Television's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Gray Television overview
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.
Frequently asked questions
nullWhat percentage of Gray Television is owned by insiders or institutions?
Currently 6.759% of Gray Television shares are held by insiders and 83.005% by institutions. How many people work for Gray Television?
Latest data suggests 9,374 work at Gray Television. When does the fiscal year end for Gray Television?
Gray Television's fiscal year ends in December. Where is Gray Television based?
Gray Television's address is: 4370 Peachtree Road, NE, Atlanta, GA, United States, 30319 What is Gray Television's ISIN number?
Gray Television's international securities identification number is: US3893751061 What is Gray Television's CUSIP number?
Gray Television's Committee on Uniform Securities Identification Procedures number is: 389190109
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