US stock · Communication Services sector · Broadcasting
Company Logo

Gray Television, Inc.

GTNNYSE

16.12

USD
-0.66
(-3.93%)
Market Closed
12.90P/E
7Forward P/E
0.64P/E to S&P500
1.487BMarket CAP
1.91%Div Yield

Gray Television, Inc.

NYSE:GTN

RECENT
PRICE

16.12

P/E
RATIO

12.90

(PEG:-0.14)

P/E RATIO
RELATIVE
TO S&P

0.64

DIV
YLD

3.03%

High:
Low:

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Legends

Stock price

1.66 Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 09/22:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

TTM

Fiscal year

6.86

0.24

0.80

0.14

6.43

(0.48)

0.07

0.16

6.77

(4.18)

1.19

0.18

5.57

(0.48)

0.02

- -

6.37

0.43

0.34

0.27

5.38

0.16

0.24

0.12

7.08

0.49

1.13

0.29

6.01

0.32

0.63

- -

8.78

0.83

1.76

- -

8.74

0.58

1.19

- -

11.31

0.87

2.27

- -

12.08

3.59

1.99

- -

12.31

2.39

2.88

- -

21.43

1.81

2.78

0.39

24.80

4.27

5.65

0.54

25.40

0.95

0.98

0.87

31.76

1.42

1.55

0.61

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

0.85

7.84

0.52

7.07

0.34

2.42

0.37

1.93

0.36

2.38

0.42

2.15

0.43

2.52

0.42

3.02

0.56

3.74

0.35

6.28

0.61

6.86

0.47

13.59

0.79

13.48

1.11

21.35

1.15

25.03

2.18

25.34

2.58

22.27

CAPEX per share

Book Value per share

48

48

48

49

54

57

57

58

58

68

72

73

88

99

96

95

95

Comm.Shares outs.(m)

29.5

1.6

2.0%

(18.6)

(1.1)

1.8%

(0.8)

(0.0)

5.3%

(2.1)

(0.0)

- -

5.5

0.3

11.6%

13.3

0.8

5.5%

3.9

0.3

15.3%

22.1

1.3

- -

13.1

0.7

- -

24.2

1.2

- -

13.0

0.6

- -

3.9

0.2

- -

6.4

0.3

- -

10.2

0.4

2.1%

3.6

0.1

3.5%

22.3

0.7

4.1%

12.9

0.6

3.0%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (30/6/22 | Q2)

Total liabilities
$8,635 m.

Total assets
$11,123 m.

Long-term debt
$6,753 m.

Cash and equiv.
$162 m.

Goodwill $2,657 m.

Retained earnings $988 m.

Common stock 95 m. shares

Market Capitalisation
$1,488 m. (as of 25/9/22)

307

24.5%

405

37.9%

346

24.2%

508

30.3%

597

23.4%

812

28.8%

883

33.0%

1,084

35.9%

2,122

22.5%

2,381

31.6%

2,413

15.8%

3,017

17.7%

Revenue (m)

Operating margin

40

9

34

28

36

18

51

48

64

39

82

62

98

262

96

211

234

179

239

410

259

90

306

147

Depreciation (m)

Net profit (m)

33.4%

2.9%

40.6%

6.9%

41.8%

5.3%

39.8%

9.5%

40.2%

6.6%

41.1%

7.7%

(35.5)%

29.7%

26.7%

19.4%

29.8%

8.4%

24.6%

17.2%

46.4%

3.7%

69.6%

4.3%

Income tax rate

Net profit margin

30

827

123

49

833

144

68

843

174

88

1,236

216

198

1,236

429

417

1,757

493

535

1,831

993

722

2,549

1,187

426

3,697

2,114

1,049

3,974

2,403

579

6,803

2,407

577

6,753

1,838

Working capital (m)

Long-term debt (m)

Equity (m)

4.2%

6.1%

7.3%

5.3%

8.5%

19.5%

3.8%

6.3%

10.5%

5.0%

7.9%

22.2%

4.1%

6.5%

9.2%

4.5%

7.3%

12.6%

12.5%

8.8%

26.4%

7.1%

9.4%

17.8%

5.0%

6.9%

8.5%

7.5%

9.6%

17.1%

1.9%

3.4%

3.7%

1.6%

5.0%

8.0%

ROIC

Return on capital

Return on equity

Working Capital

2019

2020

2021

Cash assets

212

773

189

Receivables

411

446

645

Inventory

- -

- -

- -

Other

49

85

129

Current assets

672

1,304

963

Acc. Payable

11

10

59

Debt due

6

7

24

Other

229

238

301

Current liab.

246

255

384

27.0%

143.8%

40.5%

65.8%

100.0%

(0.8)%

100.0%

- -

100.0%

(205.6)%

100.0%

- -

100.0%

(161.5)%

100.0%

7.7%

78.2%

25.8%

87.3%

23.4%

7.8%

121.5%

66.5%

93.9%

Plowback ratio

Div.&Repurch. to FCF

Gray Television, Inc. (US) started trading on September 2, 1996 (cik: 0000043196), operates in the Communication Services sector (Broadcasting industry), has 8,608 full-time employees, and is led by Mr. Hilton Howell. 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.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

33.02%

25.18%

Cash flow

24.23%

33.77%

Earnings

4.10%

56.12%

Dividends

- -

- -

Book value

27.87%

41.27%

Insider trading

Type

Shares

Date

Howell Robin Robinson

Purchase

290

06/30/22

Howell Hilton H Jr

Purchase

290

06/30/22

Cowart Jackson S Iv

Sale

4,900

05/19/22

Cowart Jackson S Iv

Sale

8,375

05/19/22

Cowart Jackson S Iv

Sale

1,400

05/19/22

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2020

534

451

604

792

2,381

2021

544

547

601

721

2,413

2022

827

868

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2020

0.55

0.11

1.27

2.33

4.27

2021

0.41

0.41

(0.18)

0.31

0.95

2022

0.52

0.91

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2020

0.14

0.14

0.14

0.14

0.54

2021

0.22

0.21

0.22

0.22

0.87

2022

0.08

0.08

- -

- -

- -

05/03/2021

Meredith Exiting Local TV Business in $2.7 Billion Deal

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