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.
Company profile
Ticker
GTN, GTN.A
Exchange
Website
CEO
Hilton Howell
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
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
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
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Gray Announces New $250 Million Debt Repurchase Authorization
7 May 24
DEFA14A
Additional proxy soliciting materials
28 Mar 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
Financial summary
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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 |
---|---|---|---|---|---|---|---|---|---|---|
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 |
8 May 24 | Howell Hilton H JR | Common Stock | Grant | Acquire A | Yes | No | 0 | 23,379 | 0.00 | 104,965 |
News
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
Gray Television Commences Proposed $1.6B Refinancing Process And Announces Further Increase To Its Revolving Credit Facility From $552.5M To $680M
15 May 24
Benchmark Maintains Buy on Gray Television, Raises Price Target to $13
8 May 24
Wells Fargo Maintains Underweight on Gray Television, Raises Price Target to $6
8 May 24
Press releases
Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing
4 Jun 24
Gray Television Announces Early Tender Results of Its Cash Tender Offer for Its 5.875% Senior Notes Due 2026
4 Jun 24
RTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television Stations
3 Jun 24
Gray Announces Closing of Offering of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029
3 Jun 24
Gray Announces Upsizing and Pricing of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029
23 May 24