US stock · Communication Services sector · Broadcasting
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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
Upcoming Earnings
2 Nov-7 Nov
Shares Short
8/31/22
4.21M
Short % of Float
5.08%
Short % of Shares Outs.
4.52%
% Held by Insiders
13.83%
% Held by Institutions
92.43%
Beta
1.66
PEG Ratio
0.09
52w. high/low
25.24/15.66
Avg. Daily Volume
0.64M
Return %
Stock
S&P 500
1 year
(30.25)
(16.94)
3 years
0.81
24.30
5 years
10.94
48.01
Scale: |
High
Low
11.33
6.53
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
15.67
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
6.86
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
31.76
Earnings per share
0.24
(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
1.42
FCF per share
0.80
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
1.55
Dividends per share
0.14
0.16
0.18
- -
0.27
0.12
0.29
- -
- -
- -
- -
- -
- -
0.39
0.54
0.87
0.61
CAPEX per share
0.85
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
2.58
Book Value per sh.
7.84
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
48
49
54
57
57
58
58
68
72
73
88
99
96
95
95
Avg. annual P/E ratio
29.5
(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
12.9
P/E to S&P500
1.6
(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
0.6
Avg. annual div. yield
2.0%
1.8%
5.3%
- -
11.6%
5.5%
15.3%
- -
- -
- -
- -
- -
- -
2.1%
3.5%
4.1%
3.0%
Revenue (m)
332
307
327
270
346
307
405
346
508
597
812
883
1,084
2,122
2,381
2,413
3,017
Operating margin
26.5%
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%
17.7%
Depreciation (m)
54
57
51
48
47
40
34
36
51
64
82
98
96
234
239
259
306
Net profit (m)
12
(23)
(202)
(23)
23
9
28
18
48
39
62
262
211
179
410
90
147
Income tax rate
45.6%
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%
69.6%
Net profit margin
3.5%
(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%
4.3%
Working capital (m)
16
22
20
12
26
30
49
68
88
198
417
535
722
426
1,049
579
577
Long-term debt (m)
847
916
792
784
822
827
833
843
1,236
1,236
1,757
1,831
2,549
3,697
3,974
6,803
6,753
Equity (m)
380
338
117
94
129
123
144
174
216
429
493
993
1,187
2,114
2,403
2,407
1,838
ROIC
3.1%
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%
1.6%
Return on capital
5.4%
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%
5.0%
Return on equity
3.1%
(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%
8.0%
Plowback ratio
42.3%
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%
66.5%
Div.&Repurch./FCF
36.5%
- -
- -
- -
267.3%
143.8%
65.8%
(0.8)%
- -
(205.6)%
- -
(161.5)%
7.7%
25.8%
23.4%
121.5%
93.9%
Capital Structure
5 Aug · 2022 | Q2
All numbers in millions
Total liabilities
$ 8,635
Total assets
$ 11,123
Long-term debt
$ 6,753
Cash and equiv.
$ 162
Goodwill
$ 2,657
Retained earnings
$ 988
Common stock
95
Enterprise Value
$ 8,078
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
212
773
189
Receivables
411
446
645
Inventory
- -
- -
- -
Other
49
646
106
Current assets
672
1,304
963
Acc. Payable
11
10
59
Debt due
6
7
24
Other
229
238
301
Current liabilities
246
255
384
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
1.34%
33.02%
25.18%
Cash flow
(82.84)%
24.23%
33.77%
Earnings
(78.05)%
4.10%
56.12%
Dividends
59.62%
- -
- -
Book value
0.17%
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
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
- -
- -
- -
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
0.52
0.91
- -
- -
- -
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
0.08
0.08
- -
- -
- -
Company Description
Sector:
Communication Services
Industry:
Broadcasting
CEO:
Mr. Hilton Howell
Full-time employees:
8,608
City:
Atlanta
Address:
4370 Peachtree Rd NE
IPO:
Sep 24, 1996
Website:
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