NYSE - Nasdaq Real Time Price • USD Gray Television, Inc. (GTN) Follow Compare 4.3650 +0.0950 (+2.22%) As of 3:03 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Gray Television, Inc. (GTN) is Attracting Investor Attention: Here is What You Should Know Gray Television (GTN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. 3 Reasons to Sell GTN and 1 Stock to Buy Instead 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. Unpacking Q3 Earnings: FOX (NASDAQ:FOXA) In The Context Of Other Broadcasting Stocks 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). Gray Television, Inc. (GTN): A Bear Case Theory 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 […] Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction 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 Gray Announces Three General Manager Retirements ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring as the General Manager and Director of Sales of WAGM. In Hazard, Kentucky, Neil Middleton is retiring as the General Manager of WYMT. In Topeka, Kansas, Roger Brokke is retiring as the General Manager and Director of Sales of WIBW. Kelly Landeen started her media career in 1990 at WAGM in Presque Is Q3 Rundown: Nexstar Media (NASDAQ:NXST) Vs Other Broadcasting Stocks As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the broadcasting industry, including Nexstar Media (NASDAQ:NXST) and its peers. Gray Television, Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It Recently, Zacks.com users have been paying close attention to Gray Television (GTN). This makes it worthwhile to examine what the stock has in store. Broadcasting Stocks Q3 Results: Benchmarking Gray Television (NYSE:GTN) As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the broadcasting industry, including Gray Television (NYSE:GTN) and its peers. Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08 Gray Television, Inc.'s ( NYSE:GTN ) investors are due to receive a payment of $0.08 per share on 31st of December. The... Gray Television Inc (GTN) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Debt ... Gray Television Inc (GTN) reports an 18% revenue increase and significant debt repayment, while navigating political ad revenue uncertainties and core ad revenue declines. Gray Television Third Quarter 2024 Earnings: Misses Expectations Gray Television ( NYSE:GTN ) Third Quarter 2024 Results Key Financial Results Revenue: US$950.0m (up 18% from 3Q 2023... Gray Television (GTN) Q3 Earnings and Revenues Lag Estimates Gray Television (GTN) delivered earnings and revenue surprises of -8.51% and 1.66%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Gray Television: Q3 Earnings Snapshot ATLANTA (AP) — Gray Television Inc. GTN) on Friday reported net income of $96 million in its third quarter. On a per-share basis, the Atlanta-based company said it had net income of 86 cents. Gray Television (NYSE:GTN) Misses Q3 Sales Targets Local television broadcasting and media company Gray Television (NYSE:GTN) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 18.3% year on year to $950 million. Next quarter’s revenue guidance of $943 million underwhelmed, coming in 20.7% below analysts’ estimates. Its GAAP profit of $0.86 per share was also 5.8% below analysts’ consensus estimates. GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation’s largest owner of top-rated local televi Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, and Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million. SUMMARY OF THIRD QUARTER RESULTS OPERATING HIGHLIGHTS: Total revenue in the third quarter of 2024 was $950 million, an increase of 18% from the third quarter of 2023.Core Townsquare Media (TSQ) Matches Q3 Earnings Estimates Townsquare (TSQ) delivered earnings and revenue surprises of 0% and 0.14%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Gray Television (GTN) Reports Earnings Tomorrow: What To Expect Local television broadcasting and media company Gray Television (NYSE:GTN) will be reporting results tomorrow before the bell. Here’s what to look for. Is Gray Television (GTN) a Buy as Wall Street Analysts Look Optimistic? According to the average brokerage recommendation (ABR), one should invest in Gray Television (GTN). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock? Performance Overview Trailing total returns as of 12/2/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return GTN S&P 500 YTD -48.96% +26.80% 1-Year -43.70% +31.64% 3-Year -76.17% +34.02%