Today, Gray Television, Inc. (NYSE: GTN) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Gray Television Surpasses Major Retrans Renewal Milestone with No Consumer Disruptions.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Broadcasting industry segment. The current market capitalization of Gray Television, Inc. is $585.14M. A total of 1.0 million shares were traded on the day, compared to an average of 1.15M shares.

In the most recent transaction, BOGER RICHARD LEE bought 399 shares of GTN for 8.97 per share on Jan 02 ’24. After the transaction, the Director now owns 60,130 company shares. In a previous transaction on Jan 02 ’24, BOGER RICHARD LEE bought 19 shares at 8.89 per share. GTN shares that Director owns now total 2,092.

Among the insiders who bought shares, BOGER RICHARD LEE acquired of 465 shares on Oct 02 ’23 at a per-share price of $6.84. This resulted in the Director holding 59,693 shares of GTN after the transaction. In another insider transaction, ELDER T L sold 500 shares at $9.29 per share on Aug 31 ’23. Company shares held by the Director Emeritus now total 24,260.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. GTN’s most recent ex-dividend date was 3/14/2024 when it declared a $0.08 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The GTN stock dividend was $0.08 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GTN has a high of $10.69 and a low of $5.44.

As of this writing, GTN has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.7 per share and a lower estimate of -$0.3. The company reported an EPS of -$0.57 in the last quarter, which was -78.10% lower than expectations of -$0.32.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GTN’s latest balance sheet shows that the firm has $189.00M in Cash & Short Term Investments as of fiscal 2021. There were $6.83B in debt and $384.00M in liabilities at the time. Its Book Value Per Share was $20.66, while its Total Shareholder’s Equity was $2.41B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GTN is Buy with a score of 3.80.

Most Popular

Related Posts