GTN: Gray Television, Inc.
About
Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The firm's segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.
Key Details
Market Cap
$435.55M
P/E Ratio
2.91
1Y Stock Return
-46.84%
1Y Revenue Growth
-0.75%
Dividend Yield
3.57%
Price to Book
0.2
Strategies that include GTN
Stock's related to GTN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| NXST | 77.85% | $5.37B | +16.32% | 3.90% |
| SBGI | 59.41% | $1.19B | +32.47% | 5.64% |
| TGNA | 55.73% | $3.02B | +20.01% | 2.53% |
| WBD | 53.79% | $25.91B | -7.29% | 0.00% |
| BHF | 53.72% | $3.11B | -1.87% | 0.00% |
| SSP | 53.07% | $175.32M | -74.21% | 0.00% |
| CMTG | 52.93% | $940.70M | -47.80% | 12.56% |
| EGBN | 52.71% | $896.68M | +14.72% | 5.11% |
| CAC | 50.90% | $688.04M | +30.35% | 3.56% |
| TRN | 50.84% | $3.10B | +44.00% | 2.98% |
| HAFC | 49.00% | $794.77M | +47.20% | 3.80% |
| ACCO | 48.39% | $569.36M | +13.31% | 4.87% |
| FOXF | 47.86% | $1.37B | -48.70% | 0.00% |
| BERY | 46.69% | $8.21B | +16.94% | 1.60% |
| AXL | 46.59% | $803.08M | -9.54% | 0.00% |
| PARA | 46.45% | $7.32B | -31.16% | 1.83% |
| ASTH | 46.28% | $2.20B | +28.47% | 0.00% |
| MCB | 46.08% | $738.82M | +56.46% | 0.00% |
| FOX | 45.95% | $20.28B | +57.65% | 1.19% |
| ADNT | 45.91% | $1.72B | -39.25% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LPTH | <0.01% | $72.39M | +55.32% | 0.00% |
| TRVG | <0.01% | $47.92M | -8.47% | 0.00% |
| ALAB | 0.04% | $16.40B | +187.19% | 0.00% |
| AMED | 0.10% | $2.99B | -2.47% | 0.00% |
| MUSA | 0.14% | $10.98B | +47.61% | 0.33% |
| ORCL | -0.14% | $502.70B | +56.69% | 0.89% |
| MSFT | 0.17% | $3.20T | +16.75% | 0.72% |
| TNDM | -0.18% | $2.14B | +53.20% | 0.00% |
| BTCT | 0.18% | $60.65M | +335.42% | 0.00% |
| NARI | -0.19% | $3.05B | -16.97% | 0.00% |
| VKTX | -0.25% | $5.74B | +241.58% | 0.00% |
| KRRO | 0.27% | $501.20M | -7.76% | 0.00% |
| BYRN | -0.30% | $412.04M | +204.99% | 0.00% |
| NOW | 0.34% | $215.98B | +52.47% | 0.00% |
| HRTG | -0.37% | $379.26M | +33.62% | 0.00% |
| SYRS | 0.41% | $6.90M | -91.05% | 0.00% |
| CME | -0.44% | $84.90B | +9.89% | 1.92% |
| XBIO | -0.45% | $6.48M | +19.12% | 0.00% |
| UEIC | 0.48% | $158.94M | +57.01% | 0.00% |
| OXBR | -0.48% | $24.28M | +267.92% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AXON | -23.47% | $48.53B | +169.34% | 0.00% |
| LLY | -22.54% | $759.26B | +36.56% | 0.65% |
| MSI | -16.67% | $83.01B | +53.46% | 0.79% |
| COST | -16.23% | $432.00B | +66.45% | 0.46% |
| MAGN | -13.01% | $708.59M | -1.13% | 0.00% |
| DXYZ | -12.37% | - | - | 0.00% |
| DOCS | -12.22% | $9.97B | +117.64% | 0.00% |
| STG | -12.16% | $32.56M | -29.30% | 0.00% |
| XGN | -11.02% | $73.90M | +131.49% | 0.00% |
| SPOT | -10.55% | $94.02B | +147.35% | 0.00% |
| API | -10.37% | $369.53M | +87.41% | 0.00% |
| ADBE | -10.22% | $227.23B | -14.62% | 0.00% |
| LQDA | -10.17% | $950.47M | +51.35% | 0.00% |
| ROL | -10.14% | $24.15B | +21.23% | 1.23% |
| RNR | -9.49% | $14.93B | +37.70% | 0.54% |
| BACK | -9.19% | $1.91M | -41.58% | 0.00% |
| HROW | -8.73% | $1.49B | +332.89% | 0.00% |
| ECL | -8.46% | $70.35B | +29.78% | 0.92% |
| BAH | -8.01% | $19.00B | +13.34% | 1.37% |
| RBA | -7.90% | $17.91B | +50.02% | 1.15% |
ETF's related to GTN
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CORN | -0.01% | $59.94M | 0.2% |
| FBY | 0.35% | $142.09M | 0.99% |
| HIGH | 0.39% | $302.94M | 0.52% |
| UNG | -0.69% | $856.92M | 1.06% |
| HDRO | -1.26% | $164.26M | 0.3% |
| JUCY | -1.40% | $325.86M | 0.6% |
| CSHI | -1.73% | $493.76M | 0.38% |
| KCCA | 2.12% | $219.07M | 0.87% |
| DBMF | 2.20% | $1.04B | 0.85% |
| FFOG | 2.33% | $121.02M | 0.55% |
| JBBB | 2.42% | $1.35B | 0.49% |
| FMF | -2.73% | $248.49M | 0.95% |
| ULST | 3.01% | $537.59M | 0.2% |
| DFSD | 3.23% | $3.67B | 0.16% |
| KRBN | 3.65% | $235.35M | 0.85% |
| AMDY | 4.54% | $148.59M | 0.99% |
| CTA | -4.60% | $367.83M | 0.76% |
| BSCO | 4.72% | $2.27B | 0.1% |
| KMLM | -4.76% | $344.74M | 0.9% |
| DBA | -4.77% | $787.55M | 0.93% |
News
Yahoo
Gray Television has gotten torched over the last six months - since May 2024, its stock price has dropped 22.8% to $4.36 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Yahoo
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at broadcasting stocks, starting with FOX (NASDAQ:FOXA).
Fintel
Gray Television (GTN) Price Target Decreased by 11.11% to 8.16
Yahoo
We came across a bearish thesis on Gray Television, Inc. (GTN) on Enterprising Investor’s Substack by Tyler Moody. In this article, we will summarize the bears’ thesis on GTN. Gray Television, Inc. (GTN)’s share was trading at $4.69 as of Nov 15th. GTN’s trailing and forward P/E were 3.13 and 1.13 respectively according to Yahoo Finance. Gray […]
Yahoo
ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024. Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase aut
Finnhub
Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction Atlanta, Georgia - November 20, 2024. . . Gray...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.