YOLFTbeta
Gray Television Inc

Gray Television Inc

GTN · NYSE · Communication Services / Broadcasting

5.99USD+0.18 (+3.10%)

Price History

Full chart

Market Stats

Previous Close5.81
Open5.90
Day Range5.85 – 6.02
52-Week Range3.49 – 6.21
Volume1.41M
Market Cap471.67M
P/E (TTM)0.00
Forward P/E2.38
EPS-0.58
Dividend Yield7.00%
Beta0.99
50-Day Avg4.62
200-Day Avg4.64

About

Gray Media, Inc., a multimedia company, owns and/or operates local television stations and digital assets in the United States. The company operates through Broadcasting, Production Companies, and Other segments. It also owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies; and operates video production companies and studio production facilities. The company was formerly known as Gray Television, Inc. and changed its name to Gray Media, Inc. in July 2002. Gray Media, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Company Details

  • SectorCommunication Services
  • IndustryBroadcasting
  • CEOMr. Hilton Hatchett Howell Jr.
  • Employees9.16K
  • Headquarters4370 Peachtree Road, NE, Atlanta, GA, United States, 30319, USA
  • Websitehttps://graymedia.com

Leadership

  • Mr. Hilton Hatchett Howell Jr.Executive Chairman & CEO · b. 1962
  • Mr. Donald Patrick LaPlatneyPresident, Co-CEO & Director · b. 1960
  • Mr. Jeffrey R. GignacExecutive VP & CFO · b. 1976
  • Ms. McNamara Sandra BrelandExecutive VP & COO · b. 1963
  • Mr. Kevin P. Latek J.D.Executive VP, Chief Legal & Development Officer and Secretary · b. 1971
  • Mr. Jackson S. Cowart IVSenior VP & Chief Accounting Officer
  • Mr. Bob KroegerChief Technology Officer
  • Mr. Alan Steven Gould C.F.A.VP & Head of Investor Relations
  • Ms. Charlie EffingerVice President of Corporate Development
  • Mr. Mike KingSenior Operating Officer & Chief Marketing Officer

Financials

Income Statement

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue27.50M27.50M27.50M13.10M36.50M58.60M79.30M103.50M128.90M144.00M171.21M156.34M198.64M295.37M346.57M261.55M332.14M307.29M327.18M270.37M346.06M307.13M404.83M346.30M508.13M597.36M812.47M882.73M1.08B2.12B2.38B2.41B3.68B3.28B3.64B3.10B
Growth (%)-0.00%0.00%-52.36%+178.63%+60.55%+35.32%+30.52%+24.54%+11.71%+18.90%-8.68%+27.05%+48.70%+17.33%-24.53%+26.99%-7.48%+6.47%-17.36%+27.99%-11.25%+31.81%-14.46%+46.73%+17.56%+36.01%+8.65%+22.82%+95.73%+12.21%+1.34%+52.34%-10.75%+11.06%-15.07%
Cost of Revenue11.20M11.20M12.90M8.90M24.90M41.50M48.30M61.30M77.40M87.60M105.31M104.02M119.38M183.29M197.01M161.91M191.50M199.69M199.57M187.58M196.35M194.20M212.29M217.41M285.99M374.18M475.13M557.12M596.40M1.40B1.39B1.61B2.25B2.38B2.40B104.00M
Gross Profit16.30M16.30M14.60M4.20M11.60M17.10M31.00M42.20M51.50M56.40M65.90M52.32M79.26M112.08M149.56M99.65M140.63M107.60M127.60M82.79M149.71M112.94M192.54M128.89M222.14M223.17M337.33M325.61M487.73M723.00M989.00M803.00M1.43B898.00M1.24B2.99B
Gross Margin59.27%59.27%53.09%32.06%31.78%29.18%39.09%40.77%39.95%39.17%38.49%33.46%39.90%37.95%43.16%38.10%42.34%35.02%39.00%30.62%43.26%36.77%47.56%37.22%43.72%37.36%41.52%36.89%44.99%34.07%41.54%33.28%38.85%27.37%34.14%96.64%
Operating Expense12.10M12.10M13.40M2.00M5.30M7.90M14.10M21.60M26.60M34.50M34.80M34.44M23.34M37.32M36.35M38.79M52.64M54.23M386.50M39.71M42.74M37.59M39.10M45.01M68.37M83.12M103.19M34.39M98.96M245.00M237.00M422.00M438.00M515.00M393.00M2.60B
Operating Income4.20M4.20M1.20M2.20M6.30M9.20M16.90M20.60M24.90M21.90M31.10M17.88M55.93M74.77M113.21M60.86M87.99M53.38M-258.89M43.08M106.96M75.35M153.44M83.88M153.77M140.06M234.14M291.23M388.77M478.00M752.00M381.00M990.00M383.00M851.00M392.00M
Operating Margin15.27%15.27%4.36%16.79%17.26%15.70%21.31%19.90%19.32%15.21%18.16%11.44%28.16%25.31%32.67%23.27%26.49%17.37%-79.13%15.93%30.91%24.53%37.90%24.22%30.26%23.45%28.82%32.99%35.86%22.53%31.58%15.79%26.93%11.67%23.35%12.67%
EBITDA3.10M3.10M7.00M3.30M9.70M12.50M27.80M39.70M48.40M52.90M69.15M55.76M55.93M103.27M138.53M101.66M124.85M70.88M-167.53M83.08M150.04M101.66M129.97M109.08M199.14M188.93M265.45M365.58M468.73M677.00M936.00M594.00M1.33B697.00M1.25B598.00M
EBITDA Margin11.27%11.27%25.45%25.19%26.58%21.33%35.06%38.36%37.55%36.74%40.39%35.66%28.16%34.96%39.97%38.87%37.59%23.07%-51.21%30.73%43.36%33.10%32.10%31.50%39.19%31.63%32.67%41.42%43.24%31.90%39.31%24.62%36.32%21.24%34.19%19.32%
Net Income3.20M3.20M-400.00K1.10M2.80M900.00K2.50M-1.40M41.70M-6.30M-6.21M-13.32M-27.89M14.02M44.28M3.36M11.71M-23.15M-202.02M-23.05M23.16M9.04M28.13M18.29M48.06M39.30M62.27M261.95M210.80M179.00M410.00M90.00M455.00M-76.00M375.00M-85.00M
Net Income Margin11.64%11.64%-1.45%8.40%7.67%1.54%3.15%-1.35%32.35%-4.38%-3.63%-8.52%-14.04%4.75%12.78%1.29%3.53%-7.53%-61.75%-8.52%6.69%2.94%6.95%5.28%9.46%6.58%7.66%29.68%19.44%8.44%17.22%3.73%12.38%-2.32%10.29%-2.75%
R&D---------------------00000000-------
R&D as % of Total Revenue---------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense100.00K100.00K1.60M400.00K1.90M5.40M11.70M21.80M25.50M30.20M39.96M35.78M35.67M43.34M41.97M46.55M66.79M67.19M54.08M69.09M70.05M61.78M59.44M52.45M68.91M74.41M97.24M95.26M106.63M227.00M191.00M205.00M354.00M440.00M485.00M474.00M
Interest Expense % of Total Revenue0.36%0.36%5.82%3.05%5.21%9.22%14.75%21.06%19.78%20.97%23.34%22.89%17.96%14.67%12.11%17.80%20.11%21.87%16.53%25.55%20.24%20.11%14.68%15.14%13.56%12.46%11.97%10.79%9.84%10.70%8.02%8.50%9.63%13.41%13.31%15.32%

Balance Sheet

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets41.60M41.60M26.40M21.40M68.80M78.20M298.70M345.10M469.00M658.20M636.77M794.34M1.30B1.33B1.37B1.53B1.63B1.63B1.28B1.25B1.24B1.23B1.25B1.33B1.87B2.14B2.78B3.26B4.21B6.97B7.64B11.11B11.15B10.64B10.54B10.44B
Total Liabilities5.40M5.40M22.50M14.30M63.80M69.20M203.50M252.80M342.30M490.00M480.81M652.14M927.30M962.55M995.23M1.14B1.25B1.29B1.16B1.15B1.11B1.11B1.11B1.16B1.66B1.71B2.29B2.27B3.03B4.86B5.24B8.70B8.39B8.02B7.61B7.63B
Total Equity36.20M36.20M3.90M7.10M5.00M9.00M95.20M92.30M126.70M168.20M155.96M142.20M369.42M362.77M378.24M381.00M379.75M337.85M117.11M93.62M129.41M122.95M143.94M174.01M216.19M429.27M492.86M992.90M1.19B2.11B2.40B2.41B2.77B2.62B2.93B2.81B
Cash17.10M17.10M3.50M300.00K600.00K600.00K1.10M2.40M1.90M1.80M2.21M557.52K12.91M11.95M50.57M9.31M4.74M15.34M30.65M16.00M5.43M5.19M11.07M13.48M30.77M97.32M325.19M462.40M666.98M212.00M773.00M189.00M61.00M21.00M135.00M368.00M
Total Debt500.00K500.00K16.50M8.40M52.90M54.40M173.30M227.10M273.70M385.60M378.49M551.44M668.82M665.89M655.90M793.47M851.65M925.00M800.38M791.81M826.70M832.23M865.34M844.39M1.29B1.31B1.76B1.84B2.68B3.75B4.03B6.83B6.53B6.24B5.69B5.81B
Net Debt-16.60M-16.60M13.00M8.10M52.30M53.80M172.20M224.70M271.80M383.80M376.28M550.89M655.90M653.95M605.34M784.15M846.91M909.66M769.73M775.81M821.27M827.04M821.80M829.40M1.21B1.14B1.43B1.38B1.88B3.54B3.26B6.64B6.47B6.22B5.56B5.45B

Cash Flow

Currency: USD1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.40M4.00M4.00M900.00K7.00M7.60M12.10M9.70M20.10M20.80M22.76M20.47M27.17M62.32M102.74M50.48M79.86M28.36M73.67M18.90M38.13M38.17M89.37M60.24M134.22M105.61M206.63M180.01M323.32M385.00M652.00M300.00M829.00M648.00M751.00M289.00M
Investing Cash Flow-1.30M--1.50M500.00K-42.60M--214.40M-57.50M-55.30M-126.80M-8.28M-189.81M-400.94M-33.00M-37.55M-245.93M-129.31M-25.66M-16.34M-17.53M-19.51M-21.87M-23.31M-60.53M-501.89M-206.38M-479.33M-349.80M-47.38M-2.66B-211.00M-3.53B-503.00M-291.00M-28.00M-63.00M
Financing Cash Flow-1.10M-16.10M-16.10M-1.70M35.80M1.30M202.90M49.10M34.70M105.80M-14.06M167.68M386.12M-30.29M-26.57M154.19M44.87M7.90M-42.02M-16.02M-29.19M-16.55M-60.19M2.70M384.96M167.32M500.57M306.99M680.61M1.06B120.00M2.65B-454.00M-397.00M-609.00M7.00M
Capital Expenditure1.50M2.80M2.80M1.00M1.80M3.30M3.40M10.40M131.80M126.40M5.70M11.24M14.97M22.31M36.30M37.16M41.14M24.83M16.29M17.76M19.39M24.27M24.52M24.05M32.22M24.22M43.60M34.52M69.97M110.00M110.00M207.00M436.00M348.00M143.00M108.00M
Free Cash Flow4.90M1.20M1.20M-100.00K5.20M4.30M8.70M-700.00K-111.70M-105.60M17.06M9.23M12.20M40.01M66.44M13.32M38.72M3.53M57.39M1.15M18.73M13.90M64.85M36.19M102.00M81.39M163.03M145.50M253.34M275.00M542.00M93.00M393.00M300.00M608.00M181.00M
Dividends Paid400.00K300.00K300.00K200.00K300.00K300.00K400.00K1.40M1.60M2.30M2.15M1.87M4.35M7.21M9.16M14.89M6.76M7.71M8.82M-14.89M6.60M16.73M00039.00M641.44M39.00M39.00M52.00M83.00M82.00M82.00M84.00M85.00M
FCF to OCF76.56%30.00%30.00%-11.11%74.29%56.58%71.90%-7.22%-555.72%-507.69%74.95%45.08%44.91%64.21%64.67%26.39%48.49%12.43%77.89%6.07%49.13%36.41%72.56%60.07%76.00%77.07%78.90%80.83%78.36%71.43%83.13%31.00%47.41%46.30%80.96%62.63%
Dividend Paid to FCF8.16%25.00%25.00%-200.00%5.77%6.98%4.60%-200.00%-1.43%-2.18%12.58%20.21%35.66%18.01%13.78%111.79%17.45%218.63%15.38%-79.50%47.46%25.80%0.00%0.00%0.00%23.92%440.85%15.39%14.18%9.59%89.25%20.87%27.33%13.82%46.96%

Earnings

Report DateOct 17, 1995Oct 25, 1996Jan 21, 1997Apr 10, 1997Jul 22, 1997Oct 21, 1997Jan 28, 1998Apr 29, 1998Jul 21, 1998Sep 30, 1998Mar 30, 1999Apr 27, 1999Jul 28, 1999Oct 28, 1999Feb 3, 2000Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Nov 12, 2002Feb 27, 2003May 13, 2003Aug 12, 2003Nov 12, 2003Mar 8, 2004May 6, 2004Aug 9, 2004Nov 4, 2004Mar 10, 2005May 5, 2005Aug 8, 2005Nov 7, 2005Mar 16, 2006May 9, 2006Aug 9, 2006Nov 8, 2006Mar 15, 2007May 7, 2007Aug 6, 2007Nov 7, 2007Mar 13, 2008May 9, 2008Aug 7, 2008Nov 5, 2008Mar 16, 2009May 8, 2009Aug 7, 2009Nov 9, 2009May 10, 2010Aug 12, 2010Nov 8, 2010Mar 1, 2011May 9, 2011Aug 8, 2011Nov 4, 2011Feb 24, 2012May 2, 2012Aug 3, 2012Oct 31, 2012Feb 20, 2013May 2, 2013Aug 8, 2013Nov 7, 2013Mar 11, 2014May 8, 2014Aug 7, 2014Nov 5, 2014Mar 3, 2015May 5, 2015Aug 5, 2015Nov 3, 2015Feb 26, 2016May 9, 2016Aug 4, 2016Nov 8, 2016Mar 1, 2017May 4, 2017Aug 8, 2017Nov 6, 2017Feb 27, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 28, 2019May 8, 2019Aug 7, 2019Nov 7, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 3, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 6, 2022Aug 5, 2022Nov 4, 2022Feb 24, 2023May 5, 2023Aug 4, 2023Nov 8, 2023Feb 23, 2024May 7, 2024Aug 8, 2024Nov 8, 2024Feb 21, 2025May 8, 2025Aug 8, 2025Nov 7, 2025Feb 26, 2026May 7, 2026Aug 7, 2026Nov 6, 2026
EPS Estimate0.120.04-0.03-0.010.03-0.090.02-0.29-0.09--0.22-0.220.07-0.30-0.18----------0.080.08-0.010.120.080.120.090.200.210.270.030.140.030.10-0.070.050.080.19-0.13-0.11-0.06--0.110.030.100.15-0.18-0.15-0.23-0.25-0.10-0.22-0.110.01-0.050.04-0.170.230.47-0.010.090.120.100.010.120.250.540.050.130.130.200.120.250.390.500.090.230.210.240.160.410.630.92-0.420.290.260.510.38-0.060.681.730.180.280.390.210.330.901.451.78-0.31-0.16-0.29-0.160.430.170.951.27-0.48-0.28-0.33-0.28-0.03-0.080.81
EPS Actual0.050.410.05-0.070.03-0.13-0.07-0.150.043.31-0.15-0.14-0.11-0.19-0.13-0.27-0.10-0.09-0.01-0.33-0.15-0.31-0.10-2.44-0.100.140.16-0.010.120.090.010.090.220.230.280.030.150.02-0.05-0.070.070.010.16-0.15-0.23-0.090.03-0.080.060.03-4.32-0.18-0.22-0.23-0.19-0.110.070.35-0.090.010.000.100.040.170.260.770.020.090.120.090.020.080.240.530.100.170.180.220.180.240.260.490.170.340.230.400.220.450.671.00-0.310.340.500.910.40-0.021.182.360.270.41-0.210.170.590.981.091.88-0.370.07-0.20-0.24-0.070.140.921.35-0.24-0.48-0.20-0.22-0.400.21-
Surprise-58.33%925.00%266.67%-600.00%0.00%-44.44%-450.00%48.28%144.44%-31.82%36.36%-257.14%36.67%27.78%----------75.00%100.00%0.00%0.00%12.50%-91.67%0.00%10.00%9.52%3.70%0.00%7.14%-33.33%-150.00%0.00%40.00%-87.50%-15.79%-15.38%-109.09%-50.00%-27.27%100.00%-70.00%-2980.00%0.00%-46.67%0.00%24.00%-10.00%-59.09%18.18%0.00%101.00%150.00%-0.00%13.04%63.83%300.00%0.00%0.00%-10.00%100.00%-33.33%-4.00%-1.85%100.00%30.77%38.46%10.00%50.00%-4.00%-33.33%-2.00%88.89%47.83%9.52%66.67%37.50%9.76%6.35%8.70%26.19%17.24%92.31%78.43%5.26%66.67%73.53%36.42%50.00%46.43%-153.85%-19.05%78.79%8.89%-24.83%5.62%-19.35%143.75%31.03%-50.00%-116.28%-17.65%-3.16%6.76%50.00%-71.43%39.39%21.43%-1233.33%362.50%-
Timing----------After-hours-Pre-market------------Pre-marketPre-market-Pre-marketPre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap471.67M
Enterprise Value6.80B
Trailing P/E0.00
Forward P/E2.38
PEG Ratio0.11
Price / Sales0.15
Price / Book0.23
EPS-0.58
Book Value21.70
Revenue (TTM)3.15B
Gross Profit (TTM)820.00M
EBITDA688.00M
Profit Margin-0.83%
Operating Margin18.59%
Return on Equity-0.94%
Return on Assets2.73%
Shares Outstanding93.12M
Shares Float83.29M
Beta0.99
Dividend Yield7.00%
Dividend Rate0.32
Payout Ratio74.42%

Analyst Ratings

Buy
Based on 5 analystsTarget 6.50
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
82.95%
Insiders
7.14%
Retail / Other
9.91%

Top Institutional Holders

  • Patient Capital Management
    7.24M7.03%
  • Capital Management Corp
    7.07M6.87%
  • BlackRock Inc
    6.90M6.70%
  • Dimensional Fund Advisors, Inc.
    4.66M4.53%
  • Charles Schwab Investment Management Inc
    4.30M4.17%
  • Retirement Systems of Alabama
    4.13M4.01%
  • Vanguard Capital Management, LLC
    3.70M3.59%
  • Penn Capital Management Company LLC
    3.50M3.40%
  • The Goldman Sachs Group Inc
    2.82M2.74%
  • New York State Common Retirement Fund
    2.12M2.05%
  • Geode Capital Management, LLC
    2.09M2.03%
  • State Street Corp
    1.82M1.77%
  • AQR Capital Management LLC
    1.45M1.41%
  • Vanguard Portfolio Management, LLC
    1.31M1.28%
  • Schonfeld Strategic Advisors LLC
    1.25M1.21%
  • Bank of New York Mellon Corp
    1.17M1.14%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.64M2.56%
  • iShares Russell 2000 ETF
    2.32M2.25%
  • Fidelity Tactical High Income Sr F8
    2.04M1.98%
  • Schwab Fundamental U.S. Small CompanyETF
    1.84M1.79%

Dividends

20263×
0.08Sep 15, 20260.08Jun 15, 20260.08Mar 13, 2026
20254×
0.08Dec 15, 20250.08Sep 15, 20250.08Jun 13, 20250.08Mar 14, 2025
20244×
0.08Dec 13, 20240.08Sep 13, 20240.08Jun 14, 20240.08Mar 14, 2024
20234×
0.08Dec 14, 20230.08Sep 14, 20230.08Jun 14, 20230.08Mar 14, 2023
20224×
0.08Dec 14, 20220.08Sep 14, 20220.08Jun 14, 20220.08Mar 14, 2022
20214×
0.08Dec 14, 20210.08Sep 14, 20210.08Jun 14, 20210.08Mar 12, 2021
20081×
0.03Sep 11, 2008

Stock Splits

  • Oct 1, 19983:2