Company profile

Ticker
GTN
Exchange
Website
CEO
Hilton H. Howell / Donald Patrick LaPlatney
Employees
Incorporated in
Location
Fiscal year end
Former names
Gray Communications Systems Inc
SEC CIK
IRS number
580285030

GTN stock data

(
)

Calendar

7 May 20
15 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 534M 579M 517M 508M
Net income 53M 94M 59M 44M
Diluted EPS 0.4 0.81 0.46 0.31
Net profit margin 9.93% 16.23% 11.41% 8.66%
Operating income 124M 180M 139M 119M
Net change in cash 84M -114M 75M 26M
Cash on hand 296M 212M 326M 251M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 2.12B 1.08B 882.73M 812.47M
Net income 179M 211M 262M 62.27M
Diluted EPS 1.27 2.37 3.55 0.86
Net profit margin 8.44% 19.46% 29.68% 7.66%
Operating income 478M 389M 290M 234.3M
Net change in cash -455M 204.6M 137.21M 227.87M
Cash on hand 212M 667M 462.4M 325.19M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Jun 20 Howell Hilton H JR Class A Common Stock Buy Aquire P No 13.026 2,000 26.05K 1,164,338
30 Jun 20 Howell Robin Robinson Class A Common Stock Buy Aquire P No 13.026 2,000 26.05K 1,164,338
29 Jun 20 Howell Hilton H JR Class A Common Stock Buy Aquire P No 13.08 2,000 26.16K 1,162,338
29 Jun 20 Howell Robin Robinson Class A Common Stock Buy Aquire P No 13.08 2,000 26.16K 1,162,338
1 Jun 20 Jackson S Iv Cowart Gray Common Stock - GTN Payment of exercise Dispose F No 14.3 902 12.9K 11,547
1 Jun 20 Jackson S Iv Cowart Gray Common Stock - GTN Payment of exercise Dispose F No 14.3 1,203 17.2K 15,195
28 May 20 Elder T L Common Stock Sell Dispose S No 14.4795 4,000 57.92K 38,942
26 May 20 McTear Paul Common Stock Buy Aquire P No 14.39 5,000 71.95K 49,334
24 Mar 20 Jackson S Iv Cowart Gray Common Stock - GTN Other Aquire J No 0 2,139 0 12,449
24 Mar 20 Jackson S Iv Cowart Gray Common Stock - GTN Other Aquire J No 0 1,872 0 8,755
89.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 174 192 -9.4%
Opened positions 31 31
Closed positions 49 25 +96.0%
Increased positions 53 50 +6.0%
Reduced positions 66 71 -7.0%
13F shares
Current Prev Q Change
Total value 3.11B 5.65B -44.9%
Total shares 82.85M 85.26M -2.8%
Total puts 165.8K 82.5K +101.0%
Total calls 181.6K 162.6K +11.7%
Total put/call ratio 0.9 0.5 +79.9%
Largest owners
Shares Value Change
Darsana Capital Partners 8M $85.92M 0.0%
Retirement Systems of Alabama 7.13M $76.54M 0.0%
Dimensional Fund Advisors 6.97M $74.88M -1.1%
BLK BlackRock 6.73M $72.33M +0.3%
Vanguard 4.72M $50.73M +3.8%
Clearbridge Advisors 4.42M $47.47M +35.2%
UBS UBS 4.3M $46.23M +560.9%
NEU Neuberger Berman 3.19M $34.29M -2.7%
FMR 2.86M $30.68M -49.1%
STT State Street 1.88M $20.19M +1.6%
Largest transactions
Shares Bought/sold Change
UBS UBS 4.3M +3.65M +560.9%
FMR 2.86M -2.76M -49.1%
FRLG Goldman Sachs 371.56K -1.64M -81.5%
Copper Rock Capital Partners 0 -1.16M EXIT
Clearbridge Advisors 4.42M +1.15M +35.2%
Alden Global Capital 986.3K +986.3K NEW
New Mountain Vantage Advisers, L.L.C. 91.66K -792.36K -89.6%
Carlson Capital L P 718.8K +718.8K NEW
Granahan Investment Management 870.28K +677.21K +350.8%
Brightline Capital Management 0 -580K EXIT

Financial report summary

?
Competition
Tribune Media
Management Discussion
  • Revenue. Total revenue increased $16 million, or 3%, to $534 million in the 2020 three-month period. Total revenue increased primarily due to political advertising revenue that increased by $33 million, resulting primarily from 2020 being the “on-year” of the two-year election cycle. Retransmission consent revenue increased by $9 million. Combined, local and national revenue decreased by $11 million in the 2020 three-month period and production company revenue decreased by $18 million. We attribute these decreases primarily to the effects of the COVID-19 pandemic which has affected our customers and our sports and event programming. Local and national revenue from the broadcast of the 2020 Super Bowl on our FOX-affiliated stations was approximately $3 million, compared to $5 million that we earned from the broadcast of the 2019 Super Bowl on our CBS-affiliated stations.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: accurately, aging, Aid, arrangement, back, behavior, broader, calendar, carefully, challenging, cleaning, Comscore, conclusion, confidence, contemplated, creation, criteria, Cyclicality, delay, depression, difficult, disease, disrupted, disruption, distancing, duration, earlier, economy, enacted, environment, essential, established, establishment, evolving, exacerbate, experience, exposed, extend, formatted, forward, frame, global, Government, Health, Hedging, highly, home, implicit, imposed, imputed, inception, Inline, instituted, interaction, Introduction, IRP, Issuer, length, lift, macroeconomic, maintain, medium, mitigate, mobile, navigating, negative, negatively, NOL, objective, ongoing, orderly, Organization, outbreak, Overview, page, pandemic, payroll, point, posed, postponed, prevent, protecting, protocol, published, put, qualitative, quantitative, quickly, rapidly, recession, recover, refund, Relief, response, safer, safety, sanitizing, shutting, site, social, spread, subsided, travel, uncertain, undertaken, unknown, variety, volatility, World, write, XBRL
Removed: ABC, accretive, achieved, affiliation, agent, agreed, agreement, Alaska, Albany, allocate, allocated, alter, alteration, amend, amendment, annum, Antitrust, applicable, applying, approach, approval, ASC, assembled, assumed, assuming, attractive, August, authorize, base, bear, borrow, borrower, broadcaster, building, calculating, cancelled, carryforward, case, CBS, charge, Charlottesville, Clarifying, collateralize, collateralized, collect, combine, combining, commitment, comparing, complexity, concentrated, connection, consummation, continuing, convert, Corporation, covering, CPI, create, cumulative, customary, daily, Dakota, define, Department, depreciated, description, designated, determination, disclose, distribution, diversified, dividend, Division, DMA, DOJ, eliminate, eliminating, enable, entity, erect, erecting, estate, exceed, existing, expedient, expensed, expiration, face, favorable, fee, final, FL, Florida, forma, FOX, Framework, free, functionality, greater, greatest, group, growth, guarantee, guaranteed, guyed, Hawaii, hereof, higher, holding, IA, identifiable, implied, Incorporation, increasing, increment, independent, index, integration, Interbank, investment, involuntarily, involved, July, junior, Justice, key, kind, land, law, leased, leasing, lesser, leverage, LIBOR, lien, liquidation, locally, Lockwood, London, magnitude, Maine, mandatory, Mankato, manner, margin, Marquee, master, meet, Minnesota, modified, multiplying, nationwide, NBC, noncurrent, notice, obtained, occurrence, Offered, office, optional, order, Ottumwa, overlap, overlapping, overnight, ownership, package, Palm, parity, paying, performed, Perpetual, Petersburg, Pierce, PIK, pledged, portfolio, postretirement, practical, preemptive, preference, preliminary, prime, pro, professional, prohibited, proportion, pursuit, qualifying, quality, ranging, rank, ranking, ratably, ratio, real, redeemed, redeeming, redemption, reduction, reflective, registration, regulatory, remain, renewal, repaid, repeal, replaced, represent, representation, repurchasing, resale, Restated, restatement, retained, Retirement, retrospective, revolving, Richmond, sale, Sarasota, satisfy, scale, secured, separate, sharing, significantly, single, Sioux, small, South, space, sporting, stated, step, stranded, strategic, submitted, subsidiary, Subtopic, sum, suspended, talent, Targeted, TCJA, tenant, termination, test, thereof, therewith, ticking, tower, transformation, typical, unit, unpaid, unsecured, unused, VA, variable, vehicle, Virginia, voluntarily, voting, Waterman, Watertown, West, Winter, wire, workforce, written, York