Gray Television(GTN)
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Here is What to Know Beyond Why Gray Television, Inc. (GTN) is a Trending Stock
ZACKS· 2024-08-02 22:01
Gray Television (GTN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this broadcast television company have returned +18.5%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Television falls in, has lost 3.4%. The key question now is: What could be the stock's futur ...
PALMETTO SPORTS & ENTERTAINMENT TO LAUNCH STATEWIDE ON GRAY MEDIA STATIONS
Newsfilter· 2024-08-01 18:45
Contact: Robby Thomas Vice President & General Manager WIS 10 – wistv.com (803) 799-1010 – robby.thomas@wistv.com COLUMBIA, S.C., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Palmetto Sports & Entertainment, Gray Media's newest sports broadcast channel, will launch in October 2024 on South Carolina stations WPAM 18.1 and WIS 10.4 in Columbia, WHNS 21.2 in Greenville-Asheville-Spartanburg, WZCH 35.3 in Charleston, and WMBF 32.3 in Myrtle Beach. The new network will be based out of Gray's WIS-TV in Columbia and will foc ...
Gray Television (GTN) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-31 06:55
Shares of the broadcast television company have appreciated by 25.48% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 0.46% and the S&P 500's gain of 0.1%. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Gray Television. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and prof ...
Rock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports Network
Newsfilter· 2024-07-26 00:04
CLEVELAND, July 25, 2024 (GLOBE NEWSWIRE) -- Rock Entertainment Group (REG), the umbrella entity that houses Dan Gilbert's sports and entertainment properties under the ROCK Family of Companies, and Gray Media ("Gray") (NYSE: GTN), owner of WOIO and WUAB in Cleveland and WXIX in Cincinnati, have reached an agreement to launch "Rock Entertainment Sports Network." The parties plan for the new network to start over-the-air on Gray's television stations in Cleveland and Cincinnati this August, with future over- ...
Rock Entertainment Group and Gray Media Join Forces to Launch Rock Entertainment Sports Network
GlobeNewswire News Room· 2024-07-26 00:04
CLEVELAND, July 25, 2024 (GLOBE NEWSWIRE) -- Rock Entertainment Group (REG), the umbrella entity that houses Dan Gilbert's sports and entertainment properties under the ROCK Family of Companies, and Gray Media ("Gray") (NYSE: GTN), owner of WOIO and WUAB in Cleveland and WXIX in Cincinnati, have reached an agreement to launch "Rock Entertainment Sports Network." The parties plan for the new network to start over-the-air on Gray's television stations in Cleveland and Cincinnati this August, with future over- ...
Gray Media's InvestigateTV and WVUE Honored with the Society of Professional Journalists' Sigma Delta Chi Awards
Newsfilter· 2024-07-16 22:00
Atlanta, July 16, 2024 (GLOBE NEWSWIRE) -- The Society of Professional Journalists has awarded InvestigateTV, Gray Media's ("Gray") (NYSE:GTN) national investigative team and WVUE, Gray's FOX affiliated television station in New Orleans, Louisiana, with three prestigious 2023 Sigma Delta Chi Award for Excellence in Journalism. Founded in 1909 as Sigma Delta Chi, the Society of Professional Journalists (SPJ) is the nation's most broad-based journalism organization, dedicated to the free flow of information a ...
Wall Street Analysts See Gray Television (GTN) as a Buy: Should You Invest?
ZACKS· 2024-07-11 22:31
Of the six recommendations that derive the current ABR, four are Strong Buy, representing 66.7% of all recommendations. Brokerage Recommendation Trends for GTN Check price target & stock forecast for Gray Television here>>> The ABR suggests buying Gray Television, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for pr ...
Gray Media Announces Coverage Plans for 2024 Republican National Convention
Newsfilter· 2024-07-11 01:00
ATLANTA, July 10, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) today announced comprehensive coverage plans for the 2024 Republican National Convention. Starting Saturday, July 13 through the final moments of the convention on Thursday, July 19, Gray's Washington DC Bureau and news teams from multiple Gray affiliates will report from Milwaukee on the local impact of the presidential and vice presidential nomination process and the Republican party platform. Coverage will be available on Gray's local affil ...
Taking A (Speculative) Position In Gray Television
Seeking Alpha· 2024-07-10 15:16
Monty Rakusen Financial Snapshot assets, which accounts for only about 8% of the $531 million drop in profits from the previous year. Most of the drop can be explained by a nasty combination of an 11% drop in revenue on the top end, and the relentless grind of higher input costs. That written, the company has introduced a dividend relatively recently, and I think it's reasonably well covered. Given that, I'd be happy to buy the shars if they were Valuation Anyway, when I judge the merits of a stock, I bench ...
Gray Television (GTN) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-07-10 07:05
文章核心观点 - 公司最近一个交易日收盘价为4.56美元,较前一交易日下跌0.87% [1] - 公司过去一个月股价下跌16.52%,同期消费品行业下跌2.27%,标普500指数上涨4.34% [2] - 公司计划于2024年8月8日公布财报,预计每股收益为0.10美元,同比增长200%;预计收入为8.34亿美元,同比增长2.58% [3] - 全年来看,公司预计每股收益为5.15美元,同比增长470.5%;收入为38.8亿美元,同比增长18.38% [4] - 分析师对公司业绩预期有所上调,这反映了他们对公司业务表现和盈利潜力的信心 [5] 公司相关 - 公司当前市盈率为0.89,低于行业平均水平7.71 [8] - 公司当前市盈率增长比率(PEG)为0.09,低于行业平均水平1.06 [9][10] 行业相关 - 公司所属广播电视行业目前在250多个行业中排名第174位,属于行业中下游水平 [11][12] - 研究显示,行业排名前50%的公司,其股票表现是后50%的2倍 [12]