Gray Television Stock Today
| GTN Stock | USD 4.36 0.15 3.56% |
Performance0 of 100
| Odds Of DistressLess than 43
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Gray Television is selling at 4.36 as of the 21st of November 2024; that is 3.56 percent increase since the beginning of the trading day. The stock's open price was 4.21. Gray Television has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Gray Television are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 30th of August 2002 | Category Communication Services |
Gray Television, Inc., a television broadcasting company, owns andor operates television stations and digital assets in the United States. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia. Gray Television operates under Broadcasting classification in the United States and is traded on New York Stock Exchange. The company has 90.82 M outstanding shares of which 4.19 M shares are currently shorted by investors with about 5.35 days to cover. More on Gray Television
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Gray Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Donald LaPlatney | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Communication (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Thong Nhat Production and Investment JSC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadcasting, Media & Entertainment, Communication Services, NYSE Composite, WSE WIG INDEX, Communication, Communication Services, Media, Broadcasting, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsGray Television can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gray Television's financial leverage. It provides some insight into what part of Gray Television's total assets is financed by creditors.
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Gray Television (GTN) is traded on New York Stock Exchange in USA. It is located in 4370 Peachtree Road, NE, Atlanta, GA, United States, 30319 and employs 9,374 people. Gray Television is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 443.19 M. Gray Television runs under Media sector within Communication Services industry. The entity has 90.82 M outstanding shares of which 4.19 M shares are currently shorted by investors with about 5.35 days to cover.
Gray Television has about 162 M in cash with 648 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.77.
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Ownership AllocationGray Television has a total of 90.82 Million outstanding shares. The majority of Gray Television outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gray Television to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gray Television. Please pay attention to any change in the institutional holdings of Gray Television as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Gray Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.7 M | |
| Patient Capital Management | 2024-09-30 | 1.5 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.4 M | |
| Tributary Capital Management, Llc | 2024-06-30 | 1.3 M | |
| Clearbridge Advisors, Llc | 2024-06-30 | 1.3 M | |
| New York State Common Retirement Fund | 2024-09-30 | 1.2 M | |
| Aqr Capital Management Llc | 2024-06-30 | 1.1 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 917.6 K | |
| Norges Bank | 2024-06-30 | 915.6 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 9.2 M | |
| Blackrock Inc | 2024-06-30 | 7.2 M |
Gray Television Historical Income Statement
Gray Stock Against Markets
Gray Television Corporate Directors
| Richard Boger | Independent Director | Profile | |
| Luis Garcia | Independent Director | Profile | |
| Paul McTear | Independent Director | Profile | |
| Howell Newton | Lead Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 10.164 | Dividend Share 0.32 | Earnings Share 1.5 | Revenue Per Share 36.743 | Quarterly Revenue Growth 0.183 |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.