US stock · Communication Services sector · Broadcasting
G
Gray Television, Inc.
GTN
NYSE8.60
USD
+0.24
(+2.87%)
Market Closed
2.20P/E
2Forward P/E
0.10P/E to S&P500
854.134MMarket CAP
3.83%Div Yield
Upcoming Earnings
4 May-8 May
Shares Short
2/28/23
2.6M
Short % of Float
3.14%
Short % of Shares Outs.
2.80%
% Held by Insiders
4.55%
% Held by Institutions
92.16%
Beta
1.61
PEG Ratio
8.11
52w. high/low
23.69/8.32
Avg. Daily Volume
0.71M
Return %
Stock
S&P 500
1 year
(59.42)
(9.05)
3 years
(17.05)
50.26
5 years
(30.59)
38.50
Scale: |
High
Low
8.25
0.16
3.57
0.28
4.88
1.44
2.95
1.31
2.50
1.34
15.17
2.25
14.98
7.16
18.07
9.17
16.26
7.00
17.50
9.95
20.24
10.70
25.31
13.60
23.07
8.53
25.24
16.30
24.81
8.61
14.40
9.40
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
6.43
6.77
5.57
6.37
5.38
7.08
6.01
8.78
8.74
11.31
12.08
12.31
21.43
24.80
25.40
38.69
Earnings per share
(0.48)
(4.18)
(0.48)
0.43
0.16
0.49
0.32
0.83
0.58
0.87
3.59
2.39
1.81
4.27
0.95
4.24
FCF per share
0.07
1.19
0.02
0.34
0.24
1.13
0.63
1.76
1.19
2.27
1.99
2.88
2.78
5.65
0.98
4.14
Dividends per share
0.16
0.18
- -
0.27
0.12
0.29
- -
- -
- -
- -
- -
- -
0.39
0.54
0.87
0.32
CAPEX per share
0.52
0.34
0.37
0.36
0.42
0.43
0.42
0.56
0.35
0.61
0.47
0.79
1.11
1.15
2.18
4.59
Book Value per sh.
7.07
2.42
1.93
2.38
2.15
2.52
3.02
3.74
6.28
6.86
13.59
13.48
21.35
25.03
25.34
22.27
Comm.Shares outs.
48
48
49
54
57
57
58
58
68
72
73
88
99
96
95
95
Avg. annual P/E ratio
(18.6)
(0.8)
(2.1)
5.5
13.3
3.9
22.1
13.1
24.2
13.0
3.9
6.4
10.2
3.6
22.3
4.3
P/E to S&P500
(1.1)
(0.0)
(0.0)
0.3
0.8
0.3
1.3
0.7
1.2
0.6
0.2
0.3
0.4
0.1
0.7
0.2
Avg. annual div. yield
1.8%
5.3%
- -
11.6%
5.5%
15.3%
- -
- -
- -
- -
- -
- -
2.1%
3.5%
4.1%
1.8%
Revenue (m)
307
327
270
346
307
405
346
508
597
812
883
1,084
2,122
2,381
2,413
3,676
Operating margin
17.4%
(79.1)%
15.9%
30.9%
24.5%
37.9%
24.2%
30.3%
23.4%
28.8%
33.0%
35.9%
22.5%
31.6%
15.8%
26.9%
Depreciation (m)
57
51
48
47
40
34
36
51
64
82
98
96
234
239
259
336
Net profit (m)
(23)
(202)
(23)
23
9
28
18
48
39
62
262
211
179
410
90
403
Income tax rate
35.1%
35.5%
32.8%
36.7%
33.4%
40.6%
41.8%
39.8%
40.2%
41.1%
(35.5)%
26.7%
29.8%
24.6%
46.4%
25.9%
Net profit margin
(7.5)%
(61.7)%
(8.5)%
6.7%
2.9%
6.9%
5.3%
9.5%
6.6%
7.7%
29.7%
19.4%
8.4%
17.2%
3.7%
11.0%
Working capital (m)
22
20
12
26
30
49
68
88
198
417
535
722
426
1,049
579
(262)
Long-term debt (m)
916
792
784
822
827
833
843
1,236
1,236
1,757
1,831
2,549
3,697
3,974
6,803
6,508
Equity (m)
338
117
94
129
123
144
174
216
429
493
993
1,187
2,114
2,403
2,407
2,116
ROIC
1.3%
(14.0)%
2.0%
5.7%
4.2%
5.3%
3.8%
5.0%
4.1%
4.5%
12.5%
7.1%
5.0%
7.5%
1.9%
6.7%
Return on capital
1.9%
(20.3)%
2.8%
8.6%
6.1%
8.5%
6.3%
7.9%
6.5%
7.3%
8.8%
9.4%
6.9%
9.6%
3.4%
8.7%
Return on equity
(6.9)%
(172.5)%
(24.6)%
17.9%
7.3%
19.5%
10.5%
22.2%
9.2%
12.6%
26.4%
17.8%
8.5%
17.1%
3.7%
19.0%
Plowback ratio
133.3%
104.4%
100.0%
35.7%
27.0%
40.5%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
78.2%
87.3%
7.8%
93.4%
Div.&Repurch./FCF
- -
- -
- -
267.3%
143.8%
65.8%
(0.8)%
- -
(205.6)%
- -
(161.5)%
7.7%
25.8%
23.4%
121.5%
20.4%
Capital Structure
24 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 8,386
Total assets
$ 1,868
Long-term debt
$ 6,508
Cash and equiv.
$ 1
Goodwill
$ 1,016
Retained earnings
$ 1,242
Common stock
95
Enterprise Value
$ 7,361
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
773
189
1
Receivables
446
645
146
Inventory
- -
- -
- -
Other
85
(455)
(772)
Current assets
1,304
963
147
Acc. Payable
10
59
55
Debt due
7
24
10
Other
238
301
344
Current liabilities
255
384
409
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
52.34%
40.41%
32.60%
Cash flow
322.58%
86.34%
74.53%
Earnings
347.78%
95.92%
98.65%
Dividends
(63.86)%
- -
- -
Book value
(12.09)%
19.95%
37.61%
Insider Trading
Type
Shares
Date
Cowart Jackson S Iv
Award
7,958
03/01/23
Cowart Jackson S Iv
InKind
1,330
03/01/23
Cowart Jackson S Iv
Award
10,047
03/01/23
Cowart Jackson S Iv
InKind
1,679
03/01/23
Howell Robin Robinson
InKind
48,902
02/07/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
534
451
604
792
2,381
2021
544
547
601
721
2,413
2022
827
868
909
1,072
3,676
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.55
0.11
1.27
2.33
4.27
2021
0.41
0.41
(0.18)
0.31
0.95
2022
0.65
1.04
1.00
1.55
4.24
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.14
0.14
0.14
0.14
0.54
2021
0.22
0.21
0.22
0.22
0.87
2022
0.22
0.22
0.20
0.33
0.97
Company Description
Sector:
Communication Services
Industry:
Broadcasting
CEO:
Mr. Hilton Hatchett Howell Jr.
Full-time employees:
8,608
City:
Atlanta
Address:
4370 Peachtree Road, NE
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.
Recent News
· 3 May, 2021 · The Wall Street Journal