GTN - GRAY TELEVISION （）

Gray Television found using ticker (GTN) now have 7 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 25 and 7 and has a mean target at 16.14. With the stocks previous close at 11.52 this is indicating there is a potential upside of 40.1%. The 50 day MA is 13.12 and the 200 day MA is 18.1. The company has a market capitalisation of $1,053m. Visit the company website at: https://www.gray.tv [stock_market_widget type="chart" template="basic" color="green" assets="GTN" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,475m based on the market concensus. Gray Television, 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!

Gray Television said it promoted Collin Gaston to senior VP overseeing the company’s TV station in the South, Texas and Colorado.

ATLANTA, Dec. 06, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray” or “we”) (NYSE: GTN) today promotes Collin Gaston, currently a Regional Vice President and the General Manager of WBRC […] The post Gray Promotes Collin Gaston to Senior Vice President and appeared first on Businessfortnight .

Gray Television, Inc. ''s share price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $15.38 and traded as low as…

Gray Television missed revenue and EPS estimates in Q3 based off of lower political ad spend in its key markets. Read why we still rate GTN stock as a Buy.

* Gray Television Inc reported quarterly adjusted earnings of $1.03​​ per share for the quarter ended in September. The mean expectation of seven analysts for the quarter was for earnings of $1.41 per share. * Revenue rose 51.2% to $909.00 million from a year ago; analysts expected $950.99 million. * Gray Television Inc''s reported EPS for the quarter was $1.03​. * The mean earnings estimate of analysts had fallen by about 11.9% in the last three months.​ * In the last 30 days there have been no negative revisions of earnings estimates * Gray Television Inc shares had fallen by 5.6% this quarter and lost 32.9% so far this year. * The company reported quarterly net income of $95 million. * Wall Street''s median 12-month price target for Gray Television Inc is $29.00 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 4 at 01:31 p.m. ​All figures in US dollars unless otherwise stated.

4 November 2022 01:31 p.m. ​All figures in US dollars. The profits announced by Gray Television Inc in the third quarter were lower than the Refinitiv mean estimate of profits. The company reported profits of $1.03 per share, 67 cents higher than the same quarter last year when the company reported EPS of 36 cents. Profits of $1.41 per share were anticipated by the seven analysts providing estimates for the quarter. Wall Street expected results to range from $1.33 to $1.55 per share, with a forecasted mean of $1.41 per share. The company reported revenue of $909.00 million, which is lower than the estimated $950.99 million. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the broadcasting peer group is also "Buy". FORECAST CHANGES * Seven analysts are currently providing Refinitiv with estimates. * In the last week one analyst has revised an earnings estimate upward and there have been no negative earnings revisions. There was a gain of one new estimate.

Gray Television, Inc. (NYSE:NYSE:GTN) Q3 2022 Earnings Conference Call November 03, 2022, 11:00 AM ET Company Participants Hilton Howell - Executive Chairman, Chief Executive Officer Pat…

Gray Television, Inc (NYSE: GTN ) reported third-quarter FY22 revenue growth of 51% year-on-year to $909 million, missing the consensus of $950.2 million . The company noted 3Q22 figures

Gray Television (GTN) has nosedived 33% in the wake of a rough third-quarter earnings report that badly missed analyst expectations and featured current-quarter guidance well below…

Gray TV takes issue with the $15 million price tag for a piece of the property, saying it is worth "tens of millions of dollars."

In Grand Junction, Colo., Gray Television enjoys a formidable presence, with ownership of NBC/Telemundo/MeTV affiliate KKCO-11 and a low-power TV station that serves as the western Colorado market''s home for ABC, Ion Network and The CW Network. Gray is adding another LPTV property to the mix.

In addition to owning over-the-air television stations across the U.S., Gray Television is the parent of video production companies such as Raycom Sports, Tupelo Honey, and RTM Studios. Now, Gray is seeking to better monetize its internal content production portfolio when presenting to CMO, brand managers and advertising agencies.

ATLANTA, June 18, 2021 (GLOBE NEWSWIRE) -- Gray Television, Inc. ( Gray ) (NYSE: GTN) has formed a new sales and sponsorship entity called Gray Sports + Entertainment Sales to represent the companys internal content production portfolio to brands and advertising agencies. The new group is responsible for revenue generation of Gray-owned media and sponsorship assets.

The connected TV/OTT advertising platform launched by TEGNA that as of 2020 sees Gray Television as a minority stakeholder has widens its partnership with IHS Markit. The move is designed to bring Polk data to Connected TV and OTT campaigns for automotive advertisers -- something broadcast TV should very much take note of.