On May 6, 2024, our Board of Directors authorized us to use up to $250 million of available liquidity to repurchase our outstanding indebtedness through December 31, 2025.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2024 | Outperform → Mkt Perform | Barrington Research | |
| 11/9/2022 | $25.00 → $7.00 | Overweight → Underweight | Wells Fargo |
| 3/7/2022 | $30.00 → $33.00 | Buy | Loop Capital |
| 2/28/2022 | $26.00 → $28.00 | Overweight | Wells Fargo |
| 1/3/2022 | $26.00 | Overweight | Wells Fargo |
8-K - GRAY TELEVISION INC (0000043196) (Filer)
10-Q - GRAY TELEVISION INC (0000043196) (Filer)
8-K - GRAY TELEVISION INC (0000043196) (Filer)
Event To Air At 7pm ET On Gray-Owned Local TV Stations Including Peachtree TV In Atlanta And Over Ninety Other Markets
Gray's KAUU And KYEX To Air Games; TEGNA Also Broadcasting Kraken Games On KING 5, KONG, KGW, KREM, And KSKN
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Sinclair, Inc. (NASDAQ:SBGI) Dividend Yield: 7.51% Wells Fargo analyst Stev
4 - GRAY TELEVISION INC (0000043196) (Issuer)
4 - GRAY TELEVISION INC (0000043196) (Issuer)
4 - GRAY TELEVISION INC (0000043196) (Issuer)
SC 13G/A - GRAY TELEVISION INC (0000043196) (Subject)
SC 13G - GRAY TELEVISION INC (0000043196) (Subject)
SC 13G/A - GRAY TELEVISION INC (0000043196) (Subject)
4 - GRAY TELEVISION INC (0000043196) (Issuer)
4 - GRAY TELEVISION INC (0000043196) (Issuer)
4 - GRAY TELEVISION INC (0000043196) (Issuer)
ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "Gray Media," the "Company," "we," "us" or "our") (NYSE:GTN) has completed a series of transactions that collectively reduced the Company's principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company's total principal debt reduction to $519 million since January 1, 2024. Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase authorization, replenishing the authorization to a total of $250 million of available liquidity to repurchase our outstanding indebtedness. We anticipate that the meaningful reduction in our outstandi
ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring as the General Manager and Director of Sales of WAGM. In Hazard, Kentucky, Neil Middleton is retiring as the General Manager of WYMT. In Topeka, Kansas, Roger Brokke is retiring as the General Manager and Director of Sales of WIBW. Kelly Landeen started her media career in 1990 at WAGM in Presque Isle as an account executive. Over the years, Kelly was promoted through sales management to eventually become the General Manager and Director of Sales of WAGM in 2015. During her tenure in Presque
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-rated t
ATLANTA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television Inc. ("Gray," the "Company," "we," "us," or "our") (NYSE:GTN) announced today that Chief Financial Officer Jim Ryan has notified the Company of his voluntary decision to transition into retirement after 2025. Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties. To succeed Jim as CFO, Gray announced the hiring of Jeff Gignac, who currently serves as a Managing Director and Head of Media & Telecom Investment Banking at Wells Fargo Securities. Jeff has worked closely with Jim and the Company as one of its lead bankers for the past sever
ATLANTA, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) today announced its appointment of Liz Knight as the next General Manager of WALB and WGCW, the local NBC, ABC and CW affiliates, in Albany, Georgia. For the past five years, Liz Knight has served as the General Sales Manager at WALB-TV (NBC), WGCW (CW) and WTSG (Telemundo) in Albany, Georgia. Previously, she served as the stations' Local Sales Manager for nine years and Digital Sales Manager for one year. Prior to management at WALB she was an Account executive and has eighteen years of multimedia experience in Southwest Georgia. A native of Southwest Georgia, Liz grew up watching WALB-TV, which Gray put
ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) today announced its appointment of Bruce Austin as the next General Manager of WVLT and WBXX, the local CBS and CW affiliates, in Knoxville, Tennessee. For the past five years, Bruce Austin has served as the General Manager at WALB-TV (NBC), WGCW (CW) and WTSG (Telemundo) in Albany, Georgia. Previously, he served as the stations' General Sales Manager for ten years. A native of Southwest Georgia, Bruce grew up watching WALB-TV, which Gray put on the air in 1954. Under his leadership, the operation expanded its local service and added additional local programming. In 2020, the Georgia Association of Broadc
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024. About Gray Television: We are a multimedia company headquartered in Atlanta, Georgia. We are the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 36 percent of US television households. The portfolio includes 77 markets with the top-rated t
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray," "Gray Media," "we," "us" or "our") (NYSE:GTN) today announced a strong third quarter ended September 30, 2024. Gray also projected full-year 2024 political advertising revenue of $500 million, as well as full-year 2024 Net Debt reduction of $500 million. SUMMARY OF THIRD QUARTER RESULTS OPERATING HIGHLIGHTS: Total revenue in the third quarter of 2024 was $950 million, an increase of 18% from the third quarter of 2023.Core advertising revenue in the third quarter of 2024 was $365 million, an increase of 1% from the third quarter of 2023.Retransmission consent revenue in the third quarter of 2024 was $369 million, a
ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024. Earnings Conference Call Information Gray Media will host a conference call to discuss its operating results for the quarter ended September 30, 2024 on Friday, November 8, 2024. The call will begin at 11:00 a.m. Eastern Time. The live dial-in number is 1-800-285-6670. The call will be webcast live and available for replay at www.graymedia.com. The taped replay of the conference call will be available at 1-888-556-3470 Passcode: 898476# until December 8, 2024. About Gray Media: Gray Media, or Gr
Barrington Research downgraded Gray Television from Outperform to Mkt Perform
Wells Fargo downgraded Gray Television from Overweight to Underweight and set a new price target of $7.00 from $25.00 previously
Loop Capital reiterated coverage of Gray Television with a rating of Buy and set a new price target of $33.00 from $30.00 previously