Education
About Us
Working with TipRanks
Follow Us
Gray Television (GTN)
NYSE:GTN
Total Valuation
Gray Television has a market cap or net worth of $541.74M. The enterprise value is $5.88B.
Market Cap$541.74M
Enterprise Value$5.88B
Share Statistics
Gray Television has 93,563,705 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding93,563,705
Owned by Insiders17.98%
Owned by Institutions18.41%
Financial Efficiency
Gray Television’s return on equity (ROE) is -0.03 and return on invested capital (ROIC) is 2.97%.
Return on Equity (ROE)-0.03
Return on Assets (ROA)>-0.01
Return on Invested Capital (ROIC)2.97%
Return on Capital Employed (ROCE)0.04
Revenue Per Employee339.44K
Profits Per Employee-9.32K
Employee Count9,118
Asset Turnover0.30
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Gray Television is ―. Gray Television’s PEG ratio is 0.04.
PE Ratio―
PS Ratio0.15
PB Ratio0.17
Price to Fair Value0.17
Price to FCF2.59
Price to Operating Cash Flow1.55
PEG Ratio0.04
Income Statement
In the last 12 months, Gray Television had revenue of 3.10B and earned -85.00M in profits. Earnings per share was -0.88.
Revenue3.10B
Gross Profit2.99B
Operating Income392.00M
Pretax Income-113.00M
Net Income-85.00M
EBITDA598.00M
Earnings Per Share (EPS)-0.88
Cash Flow
In the last 12 months, operating cash flow was 289.00M and capital expenditures -228.00M, giving a free cash flow of 61.00M billion.
Operating Cash Flow289.00M
Free Cash Flow61.00M
Free Cash Flow per Share0.65
Dividends & Yields
Gray Television pays an annual dividend of $0.08, resulting in a dividend yield of 6.45%
Dividend Per Share$0.08
Dividend Yield6.45%
Payout Ratio78.05%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.37
52-Week Price Change0.13%
50-Day Moving Average4.65
200-Day Moving Average4.77
Relative Strength Index (RSI)44.37
Average Volume (3m)1.57M
Important Dates
Gray Television upcoming earnings date is May 1, 2026, Before Open (Confirmed).
Last Earnings DateFeb 26, 2026
Next Earnings DateMay 1, 2026
Ex-Dividend Date―
Financial Position
Gray Television as a current ratio of 1.27, with Debt / Equity ratio of 207.24%
Current Ratio1.27
Quick Ratio1.27
Debt to Market Cap12.23
Net Debt to EBITDA9.11
Interest Coverage Ratio0.83
Taxes
In the past 12 months, Gray Television has paid -28.00M in taxes.
Income Tax-28.00M
Effective Tax Rate0.25
Enterprise Valuation
Gray Television EV to EBITDA ratio is 9.89, with an EV/FCF ratio of 32.68.
EV to Sales1.91
EV to EBITDA9.89
EV to Free Cash Flow32.68
EV to Operating Cash Flow20.47
Balance Sheet
Gray Television has $368.00M in cash and marketable securities with $5.81B in debt, giving a net cash position of -$5.45B billion.
Cash & Marketable Securities$368.00M
Total Debt$5.81B
Net Cash-$5.45B
Net Cash Per Share-$58.20
Tangible Book Value Per Share$0.06
Margins
Gross margin is 96.64%, with operating margin of 12.67%, and net profit margin of -2.75%.
Gross Margin96.64%
Operating Margin12.67%
Pretax Margin-3.65%
Net Profit Margin-2.75%
EBITDA Margin19.32%
EBIT Margin11.66%
Analyst Forecast
The average price target for Gray Television is $8.13, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$8.13
Price Target Upside75.97% Upside
Analyst ConsensusStrong Buy
Analyst Count4
Revenue Growth Forecast-3.32%
EPS Growth Forecast-69.63%