PortfoliosLab logo
Gray Television, Inc. (GTN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US3893751061

CUSIP

389375106

Industry

Broadcasting

IPO Date

Aug 30, 2002

Highlights

Market Cap

$381.31M

EPS (TTM)

$3.36

PE Ratio

0.99

PEG Ratio

0.11

Total Revenue (TTM)

$2.82B

Gross Profit (TTM)

$1.52B

EBITDA (TTM)

$958.00M

Year Range

$2.85 - $6.77

Target Price

$5.40

Short %

4.26%

Short Ratio

1.99

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Gray Television, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-100.00%0.00%100.00%200.00%300.00%400.00%500.00%600.00%December2025FebruaryMarchAprilMay
-53.19%
514.72%
GTN (Gray Television, Inc.)
Benchmark (^GSPC)

Returns By Period

Gray Television, Inc. (GTN) returned 20.38% year-to-date (YTD) and -40.27% over the past 12 months. Over the past 10 years, GTN returned -10.93% annually, underperforming the S&P 500 benchmark at 10.31%.


GTN

YTD

20.38%

1M

7.20%

6M

-34.93%

1Y

-40.27%

5Y*

-19.86%

10Y*

-10.93%

^GSPC (Benchmark)

YTD

-4.26%

1M

11.24%

6M

-5.02%

1Y

8.55%

5Y*

14.02%

10Y*

10.31%

*Annualized

Monthly Returns

The table below presents the monthly returns of GTN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202518.73%0.54%17.12%-22.45%11.04%20.38%
20246.59%-38.85%9.68%-9.02%8.52%-15.36%23.65%-20.68%6.96%6.53%-25.22%-24.68%-62.40%
202315.82%-9.72%-24.83%-11.58%-8.82%13.28%20.18%-14.89%-13.21%-5.78%18.56%17.02%-16.72%
20223.42%12.37%-5.48%-16.09%6.48%-13.97%9.95%2.85%-24.71%-1.19%-17.31%-3.70%-43.42%
2021-4.70%6.45%1.78%10.43%14.47%0.96%-5.26%2.57%0.73%2.72%-12.03%-1.86%14.39%
2020-5.41%-6.71%-43.23%8.10%20.07%0.07%2.80%8.23%-11.28%-7.92%39.27%1.30%-16.56%
201913.37%31.12%-2.51%9.69%-26.46%-4.88%8.30%-13.80%6.67%0.55%23.34%5.93%45.45%
2018-2.39%-15.60%-7.97%-11.02%-2.66%43.64%-2.22%12.95%0.29%-1.09%6.82%-20.28%-12.00%
20179.22%14.77%6.62%1.03%-17.75%13.69%8.76%-4.03%9.79%-0.83%-7.51%16.32%54.38%
2016-19.32%-12.24%1.56%9.64%-8.02%-8.21%-8.76%13.43%-7.75%-14.09%13.48%7.43%-33.44%
2015-15.54%15.64%26.33%-4.05%20.36%-1.75%7.72%-31.38%10.10%24.53%5.41%-2.69%45.54%
2014-23.52%3.25%-11.75%8.49%1.69%14.77%-7.23%-18.47%-20.64%17.26%12.45%7.80%-24.73%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GTN is 23, meaning it’s performing worse than 77% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GTN is 2323
Overall Rank
The Sharpe Ratio Rank of GTN is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of GTN is 2323
Sortino Ratio Rank
The Omega Ratio Rank of GTN is 2323
Omega Ratio Rank
The Calmar Ratio Rank of GTN is 2424
Calmar Ratio Rank
The Martin Ratio Rank of GTN is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Gray Television, Inc. (GTN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The current Gray Television, Inc. Sharpe ratio is -0.58. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Gray Television, Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.61
0.44
GTN (Gray Television, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Gray Television, Inc. provided a 8.60% dividend yield over the last twelve months, with an annual payout of $0.32 per share. The company has been increasing its dividends for 3 consecutive years.


2.00%4.00%6.00%8.00%10.00%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$0.32$0.32$0.32$0.32$0.32

Dividend yield

8.60%10.16%3.57%2.86%1.59%

Monthly Dividends

The table displays the monthly dividend distributions for Gray Television, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.08$0.00$0.00$0.08
2024$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.32
2023$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.32
2022$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.32
2021$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.32

Dividend Yield & Payout


Dividend Yield

Gray Television, Inc. has a dividend yield of 8.60%, which means its dividend payment is significantly above the market average.

Payout Ratio

Gray Television, Inc. has a payout ratio of 13.84%, which is below the market average. This means Gray Television, Inc. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-80.00%-60.00%-40.00%-20.00%0.00%December2025FebruaryMarchAprilMay
-82.89%
-8.35%
GTN (Gray Television, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Gray Television, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Gray Television, Inc. was 98.61%, occurring on Nov 12, 2008. Recovery took 1279 trading sessions.

The current Gray Television, Inc. drawdown is 82.89%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-98.61%Jan 21, 20041214Nov 12, 20081279Dec 12, 20132493
-86.6%Nov 4, 2021792Dec 30, 2024
-64.1%Apr 11, 2019239Mar 23, 2020408Nov 2, 2021647
-58.82%Jul 21, 2015331Nov 8, 2016491Oct 22, 2018822
-51.21%Jan 2, 2014196Oct 10, 2014153May 21, 2015349

Volatility

Volatility Chart

The current Gray Television, Inc. volatility is 20.30%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%December2025FebruaryMarchAprilMay
20.30%
11.43%
GTN (Gray Television, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Gray Television, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Gray Television, Inc., comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 6.8% positive surprise.


-0.500.000.501.001.502.00AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
1.35
1.27
Actual
Estimate

Valuation

The Valuation section provides an overview of how Gray Television, Inc. is priced in the market compared to other companies in the Broadcasting industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for GTN, comparing it with other companies in the Broadcasting industry. Currently, GTN has a P/E ratio of 1.0. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for GTN compared to other companies in the Broadcasting industry. GTN currently has a PEG ratio of 0.1. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for GTN relative to other companies in the Broadcasting industry. Currently, GTN has a P/S ratio of 0.1. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for GTN in comparison with other companies in the Broadcasting industry. Currently, GTN has a P/B value of 0.2. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items