-3.34%
0.53%
-11.94%
-26.27%
-34.27%
-84.25%
-79.11%
AI Spotlight on GTN
Company Description
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.
Market Data
| Last Price | 3.76 |
| Change Percentage | -3.34% |
| Open | 3.85 |
| Previous Close | 3.89 |
| Market Cap ( Millions) | 342 |
| Volume | 1787489 |
| Year High | 7.41 |
| Year Low | 2.91 |
| M A 50 | 3.59 |
| M A 200 | 4.8 |
Financial Ratios
| FCF Yield | 178.04% |
| Dividend Yield | 8.51% |
| ROE | 14.33% |
| Debt / Equity | 194.10% |
| Net Debt / EBIDTA | 438.67% |
| Price To Book | 0.12 |
| Price Earnings Ratio | 0.95 |
| Price To FCF | 0.56 |
| Price To sales | 0.09 |
| EV / EBITDA | 4.66 |
News
- Feb -27 - Gray Media, Inc. (GTN) Q4 2024 Earnings Call Transcript
- Feb -27 - Gray Media (GTN) Q4 Earnings Match Estimates
- Feb -27 - GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
- Feb -27 - Gray Media's Fourth Quarter Financial Results Exceeded Expectations
- Feb -20 - Gray Media (GTN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Feb -14 - Gray Names Blake Sebo as General Manager of KTUU and KYES in Anchorage, Alaska
- Feb -11 - Atlanta Dream and Gray Media Renew Broadcast Partnership for 2025
- Feb -07 - Gray Media Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It
- Feb -07 - Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday
- Feb -05 - Gray Media (GTN) Upgraded to Buy: What Does It Mean for the Stock?
- Feb -04 - Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season
- Jan -31 - Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia
- Jan -29 - Gray Media: Free Cash Flow Potential, Reorganization Efforts In 2025, And Undervalued
- Jan -27 - Gray Media (GTN) Ascends While Market Falls: Some Facts to Note
- Jan -27 - Investors Heavily Search Gray Media Inc. (GTN): Here is What You Need to Know
- Jan -23 - GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
- Jan -22 - Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas
- Jan -14 - Gray Television (GTN) Beats Stock Market Upswing: What Investors Need to Know
- Jan -13 - Braves Announce Exclusive Gray Media Spring Training Action
- Jan -09 - U.S. Department of Justice Suspends Warrantless Airport Search Program After InvestigateTV Reporting
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Broadcasting
Expected Growth : 1.2 %
What the company do ?
Broadcasting from Gray Television, Inc. refers to the dissemination of video and audio content to a wide audience through television stations and digital platforms.
Why we expect these perspectives ?
Gray Television's 1.2% growth is driven by increasing demand for local news and sports, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on digital transformation, including investments in over-the-top (OTT) platforms and mobile apps, has enhanced its reach and engagement. Furthermore, Gray's diversified revenue streams, including retransmission fees and political advertising, have contributed to its growth momentum.
Segment n°2 -> Production Companies
Expected Growth : 0.8 %
What the company do ?
Gray Television, Inc. owns several production companies, including Raycom Sports, RTM Studios, and Tupelo-Raycom, producing sports, entertainment, and news content.
Why we expect these perspectives ?
Gray Television's production companies' 0.8 growth is driven by increasing demand for local content, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on digital transformation, cost savings initiatives, and strong relationships with major networks contribute to its growth momentum.
Gray Television, Inc. Products
| Product Range | What is it ? |
|---|---|
| Broadcasting | Gray Television, Inc. owns and operates a diverse group of television stations, offering a range of broadcasting services including news, sports, and entertainment programming. |
| Digital Media | Gray Television, Inc. offers a suite of digital media services, including website and mobile app development, social media management, and digital advertising solutions. |
| Production Services | Gray Television, Inc. provides production services, including video production, post-production, and studio services, for a variety of clients and projects. |
| Network Services | Gray Television, Inc. offers network services, including satellite transmission, fiber connectivity, and data center services, to support the broadcasting and media industries. |
Gray Television, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Gray Television, Inc. is medium due to the availability of alternative media platforms and online streaming services.
Bargaining Power Of Customers
The bargaining power of customers for Gray Television, Inc. is low due to the fragmented nature of the television broadcasting industry.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Gray Television, Inc. is medium due to the dependence on a few major suppliers for broadcasting equipment and services.
Threat Of New Entrants
The threat of new entrants for Gray Television, Inc. is high due to the relatively low barriers to entry in the television broadcasting industry.
Intensity Of Rivalry
The intensity of rivalry for Gray Television, Inc. is high due to the competitive nature of the television broadcasting industry, with many players competing for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 70.19% |
| Debt Cost | 7.61% |
| Equity Weight | 29.81% |
| Equity Cost | 11.75% |
| WACC | 8.84% |
| Leverage | 235.44% |
Gray Television, Inc. : Quality Control
Gray Television, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| EVC | Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics across acculturation … |
| SGA | Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top … |
| CMLS | Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 … |
| FUBO | fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through … |
| BBGI | Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Saga Communications
A-Score
1-Year Total Return ->
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Entravision
A-Score
1-Year Total Return ->
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Gray Television
A-Score
1-Year Total Return ->
4
fuboTV
A-Score
1-Year Total Return ->
5
Cumulus Media
A-Score
1-Year Total Return ->
6
