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Overview
Profile

Gray Television stock

GTN
US3893751061
902961

Price

4.55
Today +/-
+0.19
Today %
+4.35 %

Gray Television stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Gray Television stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Gray Television stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Gray Television stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Gray Television's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Gray Television Stock Price History

DateGray Television Price
11/22/20244.55 undefined
11/21/20244.36 undefined
11/20/20244.21 undefined
11/19/20244.35 undefined
11/18/20244.44 undefined
11/15/20244.69 undefined
11/14/20244.79 undefined
11/13/20244.40 undefined
11/12/20244.39 undefined
11/11/20244.51 undefined
11/8/20244.28 undefined
11/7/20245.79 undefined
11/6/20245.95 undefined
11/5/20245.71 undefined
11/4/20245.78 undefined
11/1/20245.79 undefined
10/31/20245.71 undefined
10/30/20245.82 undefined
10/29/20245.72 undefined
10/28/20245.64 undefined
10/25/20245.53 undefined
10/24/20245.55 undefined

Gray Television Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into Gray Television, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Gray Television from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Gray Television’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Gray Television. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Gray Television’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Gray Television’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Gray Television’s growth potential.

Gray Television Revenue, EBIT and net profit per share

DateGray Television RevenueGray Television EBITGray Television Net Income
2027e3.44 B undefined465.11 M undefined76.51 M undefined
2026e3.82 B undefined901.25 M undefined315.42 M undefined
2025e3.3 B undefined432.39 M undefined-61.91 M undefined
2024e3.84 B undefined984.73 M undefined424.81 M undefined
20233.28 B undefined448 M undefined-128 M undefined
20223.68 B undefined996 M undefined403 M undefined
20212.41 B undefined423 M undefined38 M undefined
20202.38 B undefined802 M undefined358 M undefined
20192.12 B undefined503 M undefined127 M undefined
20181.08 B undefined372.4 M undefined210.8 M undefined
2017882.7 M undefined216.6 M undefined262 M undefined
2016812.5 M undefined234.6 M undefined62.3 M undefined
2015597.4 M undefined140.2 M undefined39.3 M undefined
2014508.1 M undefined154.4 M undefined48.1 M undefined
2013346.3 M undefined84.7 M undefined18.3 M undefined
2012404.8 M undefined153.5 M undefined24 M undefined
2011307.1 M undefined72.4 M undefined1.8 M undefined
2010346.1 M undefined105 M undefined8.6 M undefined
2009270.4 M undefined35.4 M undefined-40.2 M undefined
2008327.2 M undefined78.1 M undefined-208.6 M undefined
2007307.3 M undefined53.1 M undefined-24.8 M undefined
2006332.1 M undefined89 M undefined8.5 M undefined
2005261.6 M undefined62.2 M undefined-2.3 M undefined
2004293.3 M undefined99.9 M undefined41 M undefined

Gray Television Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (M)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e
0.030.030.020.020.030.040.060.080.10.130.140.170.160.20.240.290.260.330.310.330.270.350.310.40.350.510.60.810.881.082.122.382.413.683.283.843.33.823.44
---17.86-8.7044.0061.1136.2130.3824.2712.5018.75-8.7726.9222.7320.58-10.9227.20-7.536.51-17.4328.15-11.2731.60-14.3646.8217.5236.018.6222.9095.7612.211.3452.34-10.7517.13-14.2115.92-10.05
57.1457.1460.8752.1760.0027.7825.8634.1835.9235.9434.7238.0133.3339.9039.9246.0837.9342.1734.8538.8430.3743.0636.4847.5236.9943.7037.3541.5036.8544.9336.1944.8633.2839.0130.9126.3930.7626.5329.49
0.020.020.010.010.020.010.020.030.040.050.050.070.050.080.10.140.10.140.110.130.080.150.110.190.130.220.220.340.330.490.771.070.81.431.010000
33302202-240-7-9-13-301041-28-24-208-4081241848396226221012735838403-128424-6131576
---------200.00-2,100.00-117.5028.5744.44130.77-133.33310.00-104.88-500.00-400.00766.67-80.77-120.00-87.502,300.00-25.00166.67-18.7558.97322.58-19.85-39.52181.89-89.39960.53-131.76-431.25-114.39-616.39-75.87
---------------------------------------
---------------------------------------
1111117.76.976.78.411.912.412.815.515.622.150.550.248.648.447.848.348.554.357.157.35858.46972.873.888.8100979593920000
---------------------------------------
Details

Keystats

ⓘ

Revenue and Growth

The Gray Television Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Gray Television is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (M)LONG-T. REC. (M)INTANGIBLE ASSETS (B)GOODWILL (B)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (B)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (B)DEFERRED TAXES (B)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                                                   
17310111222211312519520321655111331973254626672127731896121
4334810172023303030555552606263555764626270107121147171184411425624650342
00000122222000000000000000000021212221
1100011111111200000000000000000000
11221124455173109181213151514141223473166343322498512912484
0.020.010.010.010.010.010.020.030.030.040.040.210.080.080.120.080.080.10.10.090.080.080.10.130.170.280.510.670.870.671.30.960.860.47
0.010.010.010.010.020.020.040.040.050.080.070.060.130.130.130.160.190.170.160.150.140.140.140.140.220.230.330.350.360.780.791.241.541.68
0000000000001314141414141414141414141414171717177211710585
0000000000000202000000000000000000
00000000.260.350.450.440.430.960.930.931.031.061.060.820.820.820.820.820.841.071.171.41.61.584.033.976.135.975.74
000000.040.2300.030.080.070.070.140.150.140.220.270.270.170.170.170.170.170.180.370.420.490.610.611.451.462.652.662.64
9897426111110121329161546161510961714142122322117662739161933
0.020.020.020.020.060.070.280.320.440.620.60.591.251.251.261.441.551.531.181.161.161.161.151.211.71.842.252.593.346.36.3410.1510.310.17
0.040.030.020.020.070.080.30.350.470.660.640.791.331.331.381.531.631.631.281.251.241.241.251.341.872.132.753.264.216.977.6411.1111.1510.64
                                                                   
000000.010.090.10.090.140.140.140.450.440.450.50.50.460.560.560.530.520.50.50.50.680.680.930.931.771.791.821.851.87
0000000000000000000000000000000000
0.0300.010.010.010.010.010.010.050.040.020.01-0.02-0.020.01-0.02-0.02-0.05-0.26-0.3-0.3-0.29-0.27-0.25-0.2-0.16-0.10.160.370.50.860.871.241.08
0000000000000-1-2-2-2-13-24-9-8-16-20-10-21-17-18-22-21-31-39-27-12-23
0000000000000000000000000000000000
0.0400.010.010.010.020.110.110.140.180.170.150.420.420.460.470.470.40.270.250.230.210.210.240.280.490.561.071.292.252.622.663.082.94
1111246334486235881266222555881110595523
11215613101318151518262629293329282426313756689389109172165236257262
11112145677821142217232634332417152419152228336380748295
0200100000000000000000000000000000
000003000001551044598855000006000151515
3543101423182229261864642555565768375595048638088120131150246255384409395
00.020.010.010.050.050.170.230.270.380.380.40.660.660.650.790.850.920.790.780.820.830.830.841.241.221.761.832.553.73.976.746.446.15
000000000.040.080.070.070.210.220.240.250.280.260.140.140.160.160.180.230.290.350.340.260.290.810.891.471.451.36
333324767473107981833515837514129463940444210512610683120
00.020.010.010.050.060.180.230.320.460.460.470.870.880.91.051.151.210.990.981.021.041.061.11.581.612.142.142.884.614.998.327.987.62
0.010.020.020.010.060.070.20.250.340.490.480.650.920.920.961.111.211.291.071.061.081.091.111.161.661.72.262.273.034.865.248.78.398.02
0.040.030.020.020.080.090.310.360.480.670.650.81.341.351.421.581.691.691.341.311.311.31.311.41.932.192.823.344.317.117.8611.3611.4610.95
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of Gray Television provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Gray Television's financial health and stability.

Assets

Gray Television's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Gray Television must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Gray Television after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Gray Television's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (M)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (k)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
198919901991199219931993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
333021202-141-6-6-13-231444311-23-202-23239281848396226221017941090455-76
333221351018222936372438353850545148463934355163819895234239259384376
000000000126-2-2-71162559-13-111-111351913302541-77225575-22-20-91
00000-1005-523-11-4-13-11428-2-13-24-36-114-1924-24-59-50-3325
0002-10-10-5-2-73-3-4-130-5-63-673277-32-134-12-626-74-23-3994544144
00010015721222640363638394458615946655753496176769794212179178339419
001120103010000000000000000114234237014935450
66644057129202022162762102507928731838388960134106210180323385652300829648
-1-1-1-2-2-1-1-3-3-10-9-11-5-7-15-22-36-37-41-24-16-17-19-24-24-24-32-24-43-34-70-110-110-207-436-348
00-1,000-1,0001,0000-42,000-8,000-205,000-57,000-55,000-126,000-8,000-186,000-400,000-33,000-37,000-245,000-129,000-25,000-16,000-17,000-19,000-21,000-23,000-60,000-501,000-206,000-479,000-349,000-47,000-2.66 M-211,000-3.53 M-503,000-291,000
000141-41-5-201-47-46-115-2-178-386-10-1-208-88000021-36-469-182-435-31522-2,546-101-3,327-6757
000000000000000000000000000000000000
0000.02-0.01-00.0400.120.050.040.11-0.010.170.09-0-00.130.060.06-0.12-0.020.020-0.0200.3900.530.070.71.140.252.77-0.32-0.31
000-3100-6074-1-60-50297-14-16-4-7-42910-35-13-2500167-2234-19-32-75-30-500
-0-0-0-0.02-0.01-00.0400.190.050.030.11-0.010.170.39-0.03-0.030.150.040.01-0.04-0.02-0.03-0.02-0.0600.390.170.50.310.681.060.122.65-0.45-0.4
000000000000000-4044000000000-1-29-1-4-4-6-7-7-5
000000000-1-1-2-2-1-4-7-9-14-6-7-80-14-6-16000000-39-52-83-82-82
444-13-300001000-112-138-41-41015-14-100521766227137956-1,207561-584-128-40
5.75.74.91.21.7-0.144.38.7-0.710.89.117.19.212.24066.413.338.83.657.41.118.713.964.936.110282.5166.5145.5253.327554293393300
000000000000000000000000000000000000

Gray Television stock margins

The Gray Television margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Gray Television. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Gray Television.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

ⓘ

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Gray Television's sales revenue. A higher gross margin percentage indicates that the Gray Television retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Gray Television's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Gray Television's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Gray Television's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Gray Television. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Gray Television's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Gray Television Margin History

Gray Television Gross marginGray Television Profit marginGray Television EBIT marginGray Television Profit margin
2027e30.91 %13.53 %2.23 %
2026e30.91 %23.58 %8.25 %
2025e30.91 %13.11 %-1.88 %
2024e30.91 %25.62 %11.05 %
202330.91 %13.65 %-3.9 %
202239.01 %27.09 %10.96 %
202133.28 %17.53 %1.57 %
202044.86 %33.68 %15.04 %
201936.19 %23.7 %5.98 %
201844.99 %34.35 %19.44 %
201736.84 %24.54 %29.68 %
201641.54 %28.87 %7.67 %
201537.36 %23.47 %6.58 %
201443.71 %30.39 %9.47 %
201337.22 %24.46 %5.28 %
201247.55 %37.92 %5.93 %
201136.76 %23.58 %0.59 %
201043.25 %30.34 %2.48 %
200930.62 %13.09 %-14.87 %
200839 %23.87 %-63.75 %
200735.01 %17.28 %-8.07 %
200642.34 %26.8 %2.56 %
200538.07 %23.78 %-0.88 %
200446.03 %34.06 %13.98 %

Gray Television Stock Sales Revenue, EBIT, Earnings per Share

The Gray Television earnings per share therefore indicates how much revenue Gray Television has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Gray Television earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Gray Television's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Gray Television’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Gray Television's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Gray Television Revenue, EBIT and net profit per share

DateGray Television Sales per ShareGray Television EBIT per shareGray Television Earnings per Share
2027e34.49 undefined0 undefined0.77 undefined
2026e38.35 undefined0 undefined3.16 undefined
2025e33.09 undefined0 undefined-0.62 undefined
2024e38.56 undefined0 undefined4.26 undefined
202335.66 undefined4.87 undefined-1.39 undefined
202239.53 undefined10.71 undefined4.33 undefined
202125.4 undefined4.45 undefined0.4 undefined
202024.55 undefined8.27 undefined3.69 undefined
201921.22 undefined5.03 undefined1.27 undefined
201812.21 undefined4.19 undefined2.37 undefined
201711.96 undefined2.93 undefined3.55 undefined
201611.16 undefined3.22 undefined0.86 undefined
20158.66 undefined2.03 undefined0.57 undefined
20148.7 undefined2.64 undefined0.82 undefined
20135.97 undefined1.46 undefined0.32 undefined
20127.06 undefined2.68 undefined0.42 undefined
20115.38 undefined1.27 undefined0.03 undefined
20106.37 undefined1.93 undefined0.16 undefined
20095.58 undefined0.73 undefined-0.83 undefined
20086.77 undefined1.62 undefined-4.32 undefined
20076.43 undefined1.11 undefined-0.52 undefined
20066.86 undefined1.84 undefined0.18 undefined
20055.38 undefined1.28 undefined-0.05 undefined
20045.84 undefined1.99 undefined0.82 undefined

Gray Television business model

Gray Television Inc. is an American media company that operates television stations in the United States and also offers digital media platforms. The company was founded in 1946 by James Harrison Gray and is headquartered in Atlanta, Georgia. Gray Television is known for its regional television stations that focus on local news, sports, and other programs. The company currently owns and operates 101 stations in 57 markets, representing 44 states in the U.S. In addition, Gray Television is present with digital platforms such as Raycom Sports Interactive and PureCars. Gray Television has established itself as a leading media company in the U.S. over the past decades. In addition to expanding through acquisitions of other TV stations and companies, the company has also heavily invested in digital technology. Gray Television's strategic focus is consistently on media consolidation and expanding digital platforms due to the challenging environment of today's media market. Gray Television has been successful in expanding for years through the acquisition of regional television and radio stations. One of Gray Television's most successful acquisitions was the purchase of Raycom Media in 2018. This acquisition made Gray Television one of the largest owners and operators of local TV stations in the U.S. The acquisition also allowed Gray Television to reach a broader audience in many markets and add multiple award-winning journalism teams. Another important feature of Gray's strategy is that the company has focused on developing innovative digital platforms. These platforms include interactive applications with social networks, mobile and video content, and a stronger presence in the digital advertising market. To this end, PureCars was acquired in 2015, which offers comprehensive digital marketing technology and services for car dealers and car marketers. Gray Television has also been involved in attracting foreign media companies to the U.S. These efforts occurred when the U.S. federal government relaxed the guidelines for foreign ownership of television stations. The acquisition of KYTV-TV by a Thai investor in 2013 is one of the more well-known acquisitions in this context. The company has also started offering a fly-on-the-wall service in the form of a subscription. With this access, users can observe Gray Television's studio and experience reports up close. In conclusion, Gray Television Inc. has been successful as a media company for many years. Through the expansion of its national television and radio network and the expansion of digital platforms, Gray Television has shown that the company has capitalized on the opportunities and challenges of the media market and is working to secure its place in the future of television. Gray Television is one of the most popular companies on Eulerpool.com.

Gray Television SWOT Analysis

Strengths

Gray Television Inc has a strong market presence and a significant share in the broadcasting industry.

The company owns and operates multiple television stations, giving it a wide reach and the ability to target various demographics.

Gray Television Inc has a diverse portfolio of broadcast content, including news, entertainment, and sports, catering to different audience interests.

The company has a talented team of professionals and strong partnerships with content providers, allowing for high-quality programming.

Weaknesses

One weakness of Gray Television Inc is its heavy dependence on advertising revenue, which can be volatile and subject to economic cycles.

The company's profitability can be impacted by fluctuations in viewership and advertising rates.

Gray Television Inc may face challenges in keeping up with rapidly changing technology and consumer preferences in the broadcasting industry.

Opportunities

The increasing adoption of online streaming platforms presents an opportunity for Gray Television Inc to expand its digital presence and reach new audiences.

The company can explore partnerships or acquisitions to diversify its revenue streams and enter new markets.

Gray Television Inc can leverage its strong brand and audience trust to develop and launch innovative content formats or services.

Threats

Competition from other broadcast networks and digital media platforms poses a threat to Gray Television Inc's market share and viewership.

Changes in government regulations or policies related to media ownership and broadcasting can impact the company's operations.

Economic downturns or recessions may lead to reduced advertising spending, affecting Gray Television Inc's revenue.

Gray Television Revenue by Segment

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Revenue by Segment

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Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Gray Television Revenue by Segment

Segmente20232022202120202019
Advertising1.59 B USD2.01 B USD1.23 B USD1.4 B USD1.2 B USD
Retransmission Consent1.53 B USD1.5 B USD1.05 B USD867 M USD796 M USD
Core Advertising1.51 B USD1.5 B USD---
Local Advertising--934 M USD771 M USD898 M USD
Political Advertising79 M USD515 M USD44 M USD430 M USD68 M USD
National Advertising--256 M USD198 M USD229 M USD
Production Companies86 M USD93 M USD73 M USD61 M USD87 M USD
Service, Other70 M USD76 M USD57 M USD54 M USD44 M USD

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Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

Gray Television Revenue by Segment

Segmente20232022202120202019
Broadcasting, Segment3.2 B USD3.58 B USD2.34 B USD2.32 B USD2.04 B USD
Production Companies, Segment86 M USD93 M USD73 M USD61 M USD87 M USD
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Gray Television Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Gray Television historical P/E ratio, EBIT multiple, and P/S ratio

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Gray Television shares outstanding

The number of shares was Gray Television in 2023 — This indicates how many shares 92 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
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Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Gray Television earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Gray Television's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Gray Television’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Gray Television's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Gray Television dividend history and estimates

In 2023, Gray Television paid a dividend amounting to 0.32 USD. Dividend means that Gray Television distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
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Dividend

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Dividend Overview

The dividend per year chart for Gray Television provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Gray Television’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Gray Television's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Gray Television Dividend History

DateGray Television Dividend
2027e0.35 undefined
2026e0.35 undefined
2025e0.35 undefined
2024e0.35 undefined
20230.32 undefined
20220.32 undefined
20210.32 undefined
20080.09 undefined
20070.12 undefined
20060.12 undefined
20050.12 undefined
20040.21 undefined

Gray Television dividend payout ratio

In 2023, Gray Television had a payout ratio of 43.7%. The payout ratio indicates the percentage of the company's profits that Gray Television distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Gray Television represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Gray Television could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Gray Television's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Gray Television Payout Ratio History

DateGray Television Payout ratio
2027e38.32 %
2026e39.66 %
2025e31.59 %
2024e43.7 %
202343.7 %
20227.39 %
202180 %
202043.7 %
201943.7 %
201843.7 %
201743.7 %
201643.7 %
201543.71 %
201443.73 %
201343.81 %
201244.03 %
201144.69 %
201046.68 %
200952.66 %
2008-2.08 %
2007-23.08 %
200670.59 %
2005-300 %
200425.93 %
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Unfortunately, there are currently no price targets and forecasts available for Gray Television.

Gray Television latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20240.93 0.86  (-7.25 %)2024 Q3
6/30/20240.1 0.09  (-6.25 %)2024 Q2
3/31/20240.18 0.79  (346.83 %)2024 Q1
12/31/2023-0.17 -0.24  (-44.93 %)2023 Q4
9/30/2023-0.32 -0.57  (-77.96 %)2023 Q3
6/30/2023-0.18 -0.1  (43.66 %)2023 Q2
3/31/2023-0.26 -0.48  (-83.7 %)2023 Q1
12/31/20221.79 1.88  (4.79 %)2022 Q4
9/30/20221.42 1.03  (-27.67 %)2022 Q3
6/30/20220.88 0.91  (3.36 %)2022 Q2
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Eulerpool ESG Scorecard© for the Gray Television stock

Eulerpool World ESG Rating (EESG©)

53/ 100

🌱 Environment

41

👫 Social

90

🏛️ Governance

28

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees43
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees19
Black Management Share12
Percentage of white employees77
White Management Share88
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Gray Television shareholders

%
Name
Stocks
Change
Date
6.06604 % BlackRock Institutional Trust Company, N.A.6,046,021137,3436/30/2024
5.47758 % The Vanguard Group, Inc.5,459,505-30,7916/30/2024
5.42618 % The Capital Management Corporation5,408,2691,170,9909/30/2024
4.77688 % Dimensional Fund Advisors, L.P.4,761,116-29,7566/30/2024
4.40112 % Morgan Stanley & Co. LLC4,386,600327,7236/30/2024
4.14041 % The Retirement Systems of Alabama4,126,75006/30/2024
4.10561 % Darsana Capital Partners LP4,092,063-1,150,1006/30/2024
2.98084 % UBS Financial Services, Inc.2,971,008-194,7166/30/2024
2.17241 % Charles Schwab Investment Management, Inc.2,165,244-371,3436/30/2024
1.97989 % State Street Global Advisors (US)1,973,355-11,1006/30/2024
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Gray Television Executives and Management Board

Mr. Hilton Howell

(61)
Gray Television Executive Chairman of the Board, Chief Executive Officer (since 1993)
Compensation 7.92 M

Mr. Donald Laplatney

(63)
Gray Television President, Co-Chief Executive Officer, Director (since 2019)
Compensation 5.16 M

Mr. James Ryan

(62)
Gray Television Chief Financial Officer, Executive Vice President
Compensation 3.67 M

Mr. Kevin Latek

(52)
Gray Television Executive Vice President, Chief Legal and Development Officer, Secretary
Compensation 3.64 M

Mr. Howell Newton

(76)
Gray Television Lead Independent Director
Compensation 296,250
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Most common questions regarding Gray Television

What values and corporate philosophy does Gray Television represent?

Gray Television Inc represents values such as excellence, integrity, and community engagement. With a strong corporate philosophy centered around delivering quality content, Gray Television Inc strives to inform, inspire, and entertain its audience. The company's commitment to journalistic integrity and responsible reporting sets them apart in the industry. Through their dedication to local communities, Gray Television Inc fosters meaningful connections and makes a positive impact. As a reliable and trusted source for news and entertainment, Gray Television Inc continues to prioritize their mission of serving the needs of viewers and advertisers while maintaining high ethical standards.

In which countries and regions is Gray Television primarily present?

Gray Television Inc is primarily present in the United States.

What significant milestones has the company Gray Television achieved?

Gray Television Inc has achieved several significant milestones. One notable accomplishment was the company's expansion into high-growth markets, increasing their reach and viewership across the United States. Additionally, Gray Television has successfully acquired several television stations, strengthening their market presence and increasing their competitive advantage. The company's commitment to innovation and quality programming has also led to numerous awards and accolades within the industry. Gray Television Inc continues to demonstrate a strong track record of growth and success, solidifying its position as a leading player in the television broadcasting industry.

What is the history and background of the company Gray Television?

Gray Television Inc. is a prominent media company with a rich history and background. Founded in 1946, Gray Television has established itself as a leading broadcasting corporation in the United States. The company operates a diverse portfolio of television stations across more than 100 markets, catering to millions of viewers nationwide. Over the years, Gray Television has built a strong reputation for delivering high-quality news, entertainment, and sports programming. With an unwavering commitment to excellence, Gray Television continues to innovate and adapt in the ever-evolving media landscape, solidifying its position as a trusted source of information and entertainment for audiences across the country.

Who are the main competitors of Gray Television in the market?

The main competitors of Gray Television Inc in the market include companies such as Nexstar Media Group Inc, Sinclair Broadcast Group Inc, and Tribune Media Company.

In which industries is Gray Television primarily active?

Gray Television Inc is primarily active in the media industry.

What is the business model of Gray Television?

Gray Television Inc. operates as a broadcasting company with a diversified business model. The company owns and operates numerous television stations across the United States, providing news, entertainment, and other programming to local communities. Gray Television focuses on serving smaller and mid-sized markets, where it can establish a strong presence and engage with local viewers. Through its stations, Gray Television generates revenue mainly from advertising sales and retransmission fees. By delivering relevant and high-quality content through its network of television stations, Gray Television Inc. remains committed to informing and entertaining audiences while driving advertising opportunities and building strong community connections.

What is the P/E ratio of Gray Television 2024?

The Gray Television P/E ratio is 0.99.

What is the P/S ratio of Gray Television 2024?

The Gray Television P/S ratio is 0.11.

What is the Quality Investing of Gray Television?

The Quality Investing for Gray Television is 5/10.

What is the revenue of Gray Television 2024?

The expected Gray Television revenue is 3.84 B USD.

How high is the profit of Gray Television 2024?

The expected Gray Television profit is 424.81 M USD.

What is the business model of Gray Television

Gray Television Inc. is an American media company that operates in over 90 markets in the United States. The company operates local television stations, cable networks, and online platforms, offering a wide range of news, entertainment, and local content. The television stations owned by Gray Television are primarily ABC, CBS, and NBC network affiliates that produce local news, weather, sports, and entertainment programs. The company also operates several independent television stations, including the MeTV and CW networks, which broadcast classic TV shows and series as well as new shows. Another business area for Gray Television is cable networks, which provide local and regional programming in niche markets. The company operates over 50 cable networks offering sports, news, and entertainment programs, reaching millions of households in the United States. In addition, Gray Television also offers online platforms to expand the reach and audience of its television stations and cable networks. Gray Television's website provides news articles, weather reports, sports coverage, and a video section featuring local news and advertising content. The website also utilizes social media platforms such as Facebook, Twitter, and Instagram to distribute its content and reach its target audiences. Gray Television also pursues a diversification strategy by expanding into other business fields. For example, the company acquired a majority stake in Raycom Sports, a company that broadcasts and produces college sports events in the United States. Through this investment, Gray Television is able to offer live sports events and related content to expand its audience and generate various sources of revenue. Another example of Gray Television's diversification is the acquisition of Louisiana News Network, a company that operates a group of radio and television stations in Louisiana. This acquisition allows Gray Television to strengthen its presence in Louisiana and expand its reach into a new market segment. In summary, Gray Television's business model is a comprehensive approach to local, regional, and national content, encompassing traditional television stations, cable networks, and online platforms. The company aims to expand its audience by expanding into other business areas and remains attractive to advertisers and sponsors through its reach and diversity of content.

What is the Gray Television dividend?

Gray Television pays a dividend of 0.32 USD distributed over 4 payouts per year.

How often does Gray Television pay dividends?

Gray Television pays out a dividend 4 times a year.

What is the Gray Television ISIN?

The ISIN of Gray Television is US3893751061.

What is the Gray Television WKN?

The WKN of Gray Television is 902961.

What is the Gray Television ticker?

The ticker of Gray Television is GTN.

How much dividend does Gray Television pay?

Over the past 12 months, Gray Television paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 7.03 %. For the coming 12 months, Gray Television is expected to pay a dividend of 0.35 USD.

What is the dividend yield of Gray Television?

The current dividend yield of Gray Television is 7.03 %.

When does Gray Television pay dividends?

Gray Television pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Gray Television?

Gray Television paid dividends every year for the past 2 years.

What is the dividend of Gray Television?

For the upcoming 12 months, dividends amounting to 0.35 USD are expected. This corresponds to a dividend yield of 8.07 %.

In which sector is Gray Television located?

Gray Television is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Gray Television kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gray Television from 12/31/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 12/13/2024.

When did Gray Television pay the last dividend?

The last dividend was paid out on 12/31/2024.

What was the dividend of Gray Television in the year 2023?

In the year 2023, Gray Television distributed 0.32 USD as dividends.

In which currency does Gray Television pay out the dividend?

The dividends of Gray Television are distributed in USD.

All fundamentals about Gray Television

Our stock analysis for Gray Television Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gray Television Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.