Gray Television, Inc. (NYSE:GTN.A – Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $5.90 and last traded at $5.90, with a volume of 104 shares traded. The stock had previously closed at $5.95.
Analyst Ratings Changes
Separately, TheStreet cut Gray Television from a “c-” rating to a “d+” rating in a research note on Tuesday, March 12th.
Get Our Latest Stock Analysis on Gray Television
Gray Television Price Performance
Gray Television (NYSE:GTN.A – Get Free Report) last issued its quarterly earnings results on Friday, February 23rd. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.08). The company had revenue of $864.00 million during the quarter. Gray Television had a negative return on equity of 3.76% and a negative net margin of 2.32%.
Gray Television Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend was Thursday, March 14th. Gray Television’s payout ratio is presently -23.02%.
About Gray Television
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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