How to Buy Gray Television Stock
Gray Television Inc
Gray Television is a broadcasting company located in Georgia, United States, which is part of the Communication Services sector, and is traded under the ticker GTN on the NYSE exchange.
Gray Television stock last closed at $4.16, down 4.15% from the previous day, and has decreased 47.41% in one year. It has underperformed other stocks in the Broadcasting industry by 0.13 percentage points. Gray Television stock is currently +5.32% from its 52-week low of $3.95, and -58.69% from its 52-week high of $10.07.
At the moment, there are 99.67M shares of GTN outstanding. The market capitalization of GTN is $414.62M. In the last 24 hours, 949,218 GTN shares were traded.
How to Buy Gray Television Stock
Wondering how to invest in Gray Television stock? Here's how.
- Decide where to buy Gray Television stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Gray Television stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your details.
- Analyze Gray Television stock: The Gray Television ticker symbol is GTN. Is Gray Television stock a good investment? Should you buy shares of GTN? How do GTN's underlying business fundamentals look? Do top analysts think Gray Television is a good buy? Why has GTN's stock price moved recently? (Hint: Our stock market research website can help you decide if GTN is a good stock to buy).
- Place your GTN purchase: Decide if you will purchase GTN shares at the current market price or use a limit order to buy GTN shares at a particular price.
- Get notifications regarding your investment in GTN: Create a watchlist to important updates regarding your investment in Gray Television stock.
Step 1: Decide where to buy Gray Television stock
You need a brokerage account in order to access the NYSE market and buy GTN shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can buy GTN today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on the highest rated stock app, you need to deposit funds:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Analyze Gray Television stock
After you have identified the best place to buy Gray Television stock, it's very important to research their stock before you buy, so you actually comprehend the risk and upside.
Gray Television Metrics
Gray Television Fundamentals
WallStreetZen was created to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on GTN's stock page.
Is GTN stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge GTN's intrinsic value.
Using relative valuations methods:
- GTN could be undervalued based on its P/E ratio of 2.74x, relative to Broadcasting industry P/E ratio of 3.96x
- GTN could be undervalued based on its P/B ratio of 0.19x, relative to Broadcasting industry P/B ratio of 0.81x
- GTN could be undervalued based on its PEG ratio of 0.47x
You can access more valuation research on GTN's stock here.
Is GTN a healthy company?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the GTN balance sheet.
- GTN profit margin has gone up from 1.9% to 4.2% in the past year.
Negative Financial Indicators:
- Total GTN debt is higher than 5 years ago, relative to shareholder equity.
- GTN earnings of $743.00M is not sufficient to cover its interest payments.
- GTN's operating cash flow of $466.00M allows it to safely service it's debt of $5.97B.
- GTN has a relatively high debt to equity ratio of 3.69.
- There are more long-term liabilities than short-term assets on the GTN balance sheet.
Is Gray Television stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who give recommendations on GTN, the consensus analyst rating on Gray Television is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Gray Television stock forecast page.
GTN Technicals
GTN Revenue
Last year, GTN earnings were $145.00M. Over the last 5 year, GTN's earnings have grown by 0.81% per year. This was slower than the Broadcasting industry average of 6.38%.
Last year, GTN revenue was $3.46B. During the last five year, GTN's revenue has gone up by 13.1% per year. This was slower than the Broadcasting industry average of 30.94%.
Dive into GTN's earnings and revenue performance here.
Latest Insiders Trades at GTN
Over the past year, executives and large shareholders at GTN have bought more shares than they have sold.
Kevin Paul Latek, EVP Chief L D Officer of GTN, was the latest GTN insider to sell. They sold $21,447.96 worth of GTN shares on Dec 2, 2024.
Get more info about who owns GTN stock here.
Can I rely on GTN as an income stream?
Gray Television pays a dividend of 7.69%, compared to the Broadcasting industry's average dividend yield of 10.88%. If you owned $1,000 worth of GTN stock, you would have been paid $76.92 last year.
Gray Television dividend payments have not consistently grown over the past decade but have remained stable.
Get more data about Gray Television dividend yield and history here.
GTN Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your GTN purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you need more help investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in GTN
Now that you own some GTN shares, you'll want to keep up with your investment.
Start a watchlist to keep tabs on your GTN stock.
GTN Feed
How to Buy Stock in Gray Television
To reiterate, here are the 6 steps for buying Gray Television stock:
- Decide where to buy Gray Television stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Gray Television stock
- Place your GTN purchase
- Get notifications regarding your investment in GTN
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Gray Television, add GTN to your watchlist by clicking the button below.
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