gray television is a television broadcast company headquartered in atlanta, georgia, that owns and/or operates television stations and leading digital assets in markets throughout the united states. gray owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the big four networks (abc, cbs, nbc and fox). gray's owned and/or operated stations include 26 channels affiliated with the cbs network, 24 channels affiliated with the nbc network, 16 channels affiliated with the abc network and 10 channels affiliated with the fox network. the company owns and operates the number-one ranked television station in 29 of those 44 markets and the number-one or number-two ranked television station operations in 40 of those 44 markets. gray reaches approximately 8.1 percent of total united states television households.
![Gray Television logo](/files/LOGO/43196-GTN.png)
Company profile
Ticker
GTN, GTN.A
Exchange
Website
CEO
Hilton Howell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Liberty Media Corp. - Ordinary Shares • Paramount Global - Ordinary Shares • Fox Corporation - Ordinary Shares • TEGNA • Sinclair Inc - Ordinary Shares • Nexstar Media • E.W. Scripps Co. - Ordinary Shares • Entravision Communications Corp. - Ordinary Shares • Phoenix New Media • American Cannabis ...
Former names
GRAY COMMUNICATIONS SYSTEMS INC /GA/
SEC CIK
Corporate docs
Subsidiaries
Gray Media Group, Inc. • Gray Television Licensee, LLC • Raycom Sports Network, LLC • Tupelo Media Group, LLC • PowerNation Studios, LLC • Dynamic Captioning, LLC • Atlanta Assembly, LLC • Gray AR, LLC ...
IRS number
580285030
GTN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
21 Jun 24
S-8
Registration of securities for employees
20 Jun 24
8-K
Gray Television Announces Expiration and Final Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026
18 Jun 24
8-K
Gray Announces Closing of Offering of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029
4 Jun 24
8-K
Gray Announces Upsizing and Pricing of
23 May 24
8-K
Gray Television Commences Cash Tender Offer for Its 5.875% Senior Notes Due 2026
20 May 24
8-K
Gray Announces Private Offering of Senior Secured Notes
20 May 24
8-K
Gray Television Announces Commencement of Proposed $1.6 Billion Refinancing Process and a Further Increase to its Revolving Credit Facility
15 May 24
8-K
Submission of Matters to a Vote of Security Holders
8 May 24
8-K
Gray Announces Quarterly Cash Dividend of $0.08 Per Share
8 May 24
Transcripts
GTN
Earnings call transcript
2024 Q1
7 May 24
GTN
Earnings call transcript
2023 Q4
23 Feb 24
GTN
Earnings call transcript
2023 Q3
8 Nov 23
GTN
Earnings call transcript
2023 Q2
4 Aug 23
GTN
Earnings call transcript
2023 Q2
4 Aug 23
GTN
Earnings call transcript
2023 Q1
5 May 23
GTN
Earnings call transcript
2022 Q4
24 Feb 23
GTN
Earnings call transcript
2022 Q3
4 Nov 22
GTN
Earnings call transcript
2022 Q2
5 Aug 22
GTN
Earnings call transcript
2021 Q4
26 Feb 22
Latest ownership filings
4
JAMES C RYAN
2 Jul 24
11-K
Annual report of employee stock purchases
26 Jun 24
4
Robin Robinson Howell
10 May 24
4
HILTON H HOWELL JR
10 May 24
4
Lorri McClain
10 May 24
4
Richard B Hare
10 May 24
4
HOWELL NEWTON
10 May 24
4
Paul McTear
10 May 24
4
Sterling A Jr. Spainhour
10 May 24
4
RICHARD LEE BOGER
10 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q1 2024
80.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 206 |
Opened positions | 187 |
Closed positions | 9 |
Increased positions | 7 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 444.41 bn |
Total shares | 72.77 mm |
Total puts | 63.80 k |
Total calls | 147.22 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.03 mm | $44.41 bn |
Vanguard | 5.66 mm | $35.79 bn |
Darsana Capital Partners | 5.24 mm | $33.13 bn |
Dimensional Fund Advisors | 4.79 mm | $30.28 bn |
MS Morgan Stanley | 4.24 mm | $26.82 bn |
Retirement Systems of Alabama | 4.13 mm | $26.08 bn |
Capital Management | 3.67 mm | $23.20 bn |
UBS UBS Group AG - Registered Shares | 3.17 mm | $20.01 bn |
STT State Street | 1.98 mm | $12.54 bn |
Geode Capital Management | 1.79 mm | $11.32 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Jun 24 | James C Ryan | Common Stock | Sale back to company | Dispose D | No | No | 0 | 130,000 | 0.00 | 680,799 |
8 May 24 | Lorri McClain | Common Stock | Grant | Acquire A | No | No | 0 | 23,739 | 0.00 | 52,886 |
8 May 24 | Sterling A Jr. Spainhour | Common Stock | Grant | Acquire A | No | No | 0 | 23,739 | 0.00 | 43,727 |
8 May 24 | Boger Richard Lee | Common Stock | Grant | Acquire A | No | No | 0 | 23,739 | 0.00 | 71,347 |
8 May 24 | Howell Robin Robinson | Common Stock | Grant | Acquire A | No | No | 0 | 23,739 | 0.00 | 104,965 |
News
Harlem Globetrotters And Gray Media Announce Live Broadcast Of Game From American Dream In New Jersey On August 18, 2024
18 Jul 24
Gray Media Stations In Anchorage And Juneau To Broadcast Seattle Kraken Games Free Over-The-Air Starting 2024-2025 Season; TEGNA, Seattle Kraken, And Gray Media Announce Expansion Of Kraken Broadcast Network
12 Jul 24
Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 6% Dividend Yields
9 Jul 24
12 Communication Services Stocks Moving In Friday's After-Market Session
24 May 24
Gray Television Earlier Announced It Intends To Offer Up To $1B Aggregate Principal Amount Of Senior Secured First Lien Notes Due 2029
20 May 24
Press releases
Rock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports Network
25 Jul 24
Gray Media Partners with Harlem Globetrotters for their Historic Return to Live Television Across the Nation for First Time in 40 Years
18 Jul 24
Gray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi Awards
16 Jul 24
TEGNA and Seattle Kraken Partner with Gray Media in Alaska
12 Jul 24
Gray Media Announces Coverage Plans for 2024 Republican National Convention
10 Jul 24