Be smarter and faster with PRO Alerts on GTN
From other sites
at MarketWatch.com (Feb 24, 2012)
at MarketWatch.com (Jan 27, 2012)
There are 3 articles on this stock available only to PRO subscribers.
Gray Television Positioning Itself For Consistent Growth In The Years Ahead
- Core business starting to rebound after heavy political spend in third quarter and first part of fourth quarter.
- Company is completing new retransmmission deals, while at the same time continuing to acquire new assets.
- The next three years should grow the top and bottom lines, with a surge in 2016 from the presidential and other elections.
Gray Television Should Surprise To The Upside Over The Next 3 Years
- Gray Television ready to jump after closing of Hoak deal.
- Political mid-term spend may surprise to the upside, which would by a big catalyst for the company.
- Retransmission fees set to be renewed in Q1 2015 will give another boost to Gray after the strong fourth quarter of 2014.
Gray Television: The Unlikely Winner Amid Adverse Industry Regulation
- With FCC regulation limiting joint sales agreements (JSA), the overall broadcasting sector has been dealt a huge blow.
- However, unlike its rivals, Gray Television (the cleanest in terms of JSA usage) is likely to emerge relatively unscathed or even stronger, fundamentals-wise.
- Double-digit FCF yield (11-12% in 2014-15) is mainly due to a 30% share price decline YTD and overlooked acquisition effect.
- Compelling risk reward has arisen: an attractive (almost) 6 to 1 upside to downside ratio.
Wed, Nov. 5, 10:53 AM
Wed, Nov. 5, 6:06 AM
Tue, Nov. 4, 5:30 PM
- ACT, ANSS, ARIA, ATHM, AVA, AWR, AXAS, BBEP, BPI, BSFT, CBB, CCC, CEQP, CHK, CLH, CNP, COV, CSTE, CTSH, DAVE, DNR, DUK, EE, ENB, ENDP, FSS, GLDD, GTN, HFC, HL, HRC, INXN, KELYA, LAMR, LPX, LVLT, MDLZ, MEMP, MGA, MNTA, MVIS, NICE, NRG, NUS, OGE, PWE, PWR, RDC, RLGY, ROC, RRD, RTI, SBGI, SE, SEP, SMG, SSYS, STWD, SWC, THI, TMHC, TRGT, TW, TWX, VG, VOYA, WCG, WIX, YORW
Tue, Aug. 26, 5:35 PM
Mon, Aug. 25, 2:30 PM| Comment!
Thu, Aug. 7, 6:07 AM
Wed, Aug. 6, 5:30 PM
- AAON, AES, AFSI, AINV, AMCX, ATHM, AUXL, BCE, BDBD, BPI, BR, CBB, CCOI, CECE, CECO, CNQ, CQB, CRIS, CTB, DUK, EAT, FUR, FWLT, GBDC, GDP, GLP, GOLD, GTN, HAR, HII, HIMX, HRC, HSC, HSNI, HZNP, ICE, IDCC, IRC, KERX, LAMR, LEAF, LG, LINE, LMIA, LNCE, LPI, LQDT, LXP, LXRX, MFC, MMS, MNK, MONT, MPEL, MPW, MYL, NCT, NRF, NRG, NVO, NXST, NXTM, OGE, ONE, OWW, PBH, PHMD, POZN, PRIM, QIWI, RDN, RGLD, RSTI, RTK, SABR, SATS, SFUN, SGM, SNI, SPH, SRE, SRPT, SSYS, SUNE, TDC, TGH, THS, TICC, TK, TPH, VNDA, WEN, WIN, WMC, WWAV, ZEUS
Tue, Jul. 1, 10:46 AM
- Aereo moves straight into lobbying mode after suspending business operations yesterday.
- CEO Chet Kanojia is out with a letter to clients in which he asks them to contact their Congress reps in order to support cloud-based antenna technology.
- The death of Aereo is still being baked into prices of broadcaster stocks. Sinclair Broadcasting (SBGI +2.1%), Entravision Communications (EVC +2.7%), Gray Television (GTN +1.9%), CBS (CBS +1.6%), and Media General (MEG +1.5%) are all still on the move post-SCOTUS decision.
- Aereo vs. broadcasters timeline
- Related ETF: PBS
Mon, Jun. 30, 11:03 AM
- TV broadcaster stocks are higher off of momentum built up last week after the Supreme Court's ruling in the Aereo case went well for the sector.
- The demise of Aereo means billions of dollars in retransmission fees are protected to a larger degree.
- Advancers: Nexstar Broadcasting (NXST) +3.3%, Sinclair Broadcasting (SBGI) +1.8%, Gray Television (GTN) +2.2%, Media General (MEG) +2.4%.
Wed, Jun. 25, 12:11 PM
- Sinclair Broadcast (SBGI +14.1%), Media General (MEG +10.4%), E.W. Scripps (SSP +7.9%), Gray Television (GTN +7.5%), Meredith (MDP +4.3%), Gannett (GCI +3.8%), and Nextar (NXST +15.6%) are taking off after the Supreme Court ruled (by a 6-3 vote) Aereo's TV streaming service is illegal.
- National broadcast network owners are generally showing more moderate gains.
Mon, May. 12, 1:20 PM
- TV broadcast stocks are outperforming for the day after the sector was tapped by M.D. Sass to soar.
- The investment firm notes there is a disconnect between the 10% of carriage fee revenue broadcasters haul in compared to the 35% of total viewing they account for across the industry. A normalization of the revenue mix is in the "early inning," according to Sass.
- A timely initiation by Wells Fargo of Media General at Outperform is also giving a boost.
- Gainers: E.W. Scripps (SSP) +7.6%, Nexstar Broadcasting (NXST) +5.7%, Media General (MEG) +4.8%, Liberty Interactive (LVNTA) +1.9%, Sinclair Broadcast Group (SBGI) +1.9%, Gray Television (GTN) +1.7%.
Thu, May. 8, 6:03 AM
Wed, May. 7, 5:30 PM
- AEE, AES, AGO, AMCX, AMED, AMRC, APA, APO, BBEP, BCRX, BDBD, BITA, BPI, CAJ, CBB, CCC, CCOI, CDW, CECE, CECO, CRIS, CRNT, CSTE, CVC, DF, DISH, DNDN, FLY, FSYS, FUN, FXCM, GBDC, GLP, GOLD, GTN, GTXI, HCN, HII, HIMX, HSC, ICE, IRC, JASO, KEM, KERX, LIOX, LNCE, LPI, LPX, LQDT, LXP, LXRX, MGA, MMS, MNK, MPEL, NICE, NPSP, NXST, NXTM, ONE, PCLN, PCP, PKD, POZN, PRFT, REGN, RGEN, RSTI, SKYW, SNI, SPH, SRPT, STE, SUNE, TDC, THS, VC, VITC, VNDA, VRX, WAC, WD, WEN, WIN, WMC, WWAV.
Wed, Apr. 9, 12:45 PM
Wed, Apr. 9, 9:24 AM| Comment!
Fri, Mar. 21, 8:13 AM
- Broadcast media names get jiggy after Media General agrees to buy Lin Media for nearly double last night's close.
- Gray Television (GTN) +9.2% premarket, Nexstar Broadcasting (NXST) +3.2%, E.W. Scripps (SSP) +1.1%. Keep an eye on Entravision Communication (EVC) as well, along with the PowerShares Dynamic Media Portfolio (PBS).
GTN vs. ETF Alternatives
Other News & PR