Gray Media (GTN) Stock Price, News & Analysis

Company Overview

Gray Media, Inc. (NYSE: GTN) is a media company that owns and operates local television stations and digital media properties across the United States. Its stations provide local news, weather, sports, investigative reporting and community programming, while also carrying programming from major broadcast networks, including ABC, CBS, NBC, FOX and The CW.

The company’s operations include television broadcasting, digital publishing, video production and related media services. Gray Media also produces and distributes original content through its local stations and other media platforms, serving audiences in a range of metropolitan and regional markets.

Founded as Gray Television in 1946, the company expanded through acquisitions and organic growth before adopting the Gray Media name. Its portfolio grew significantly through acquisitions including Quincy Media’s television stations and Meredith Corporation’s local media properties. The company is headquartered in Atlanta, Georgia, and has been led by Hilton H. Howell Jr., who has served as chairman and chief executive officer.

Key Stats

• Today's Range: $4.44 to $4.68
• 50-Day Range: $3.81 to $5.34
• 52-Week Range: $3.55 to $6.43
• Volume: 2.09 million shs
• Average Volume: 840,989 shs
• Market Capitalization: $457.76 million
• P/E Ratio: N/A
• Dividend Yield: 7.20%
• Price Target: $7.88
• Consensus Rating: Hold

Gray Media Stock Analysis - MarketRank™

Gray Media scored higher than 73% of companies evaluated by MarketBeat, and ranked 72nd out of 243 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Gray Media has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 3 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Gray Media has a consensus price target of $7.88, representing about 77.2% upside from its current price of $4.45.

Amount of Analyst Coverage

Gray Media has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Gray Media are expected to decrease in the coming year, from $2.33 to ($0.65) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gray Media is -7.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gray Media is -7.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Gray Media has a PEG Ratio of 0.09. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Gray Media has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.41% of the float of Gray Media has been sold short.

Short Interest Ratio / Days to Cover

Gray Media has a short interest ratio ("days to cover") of 5.32.

Change versus previous month

Short interest in Gray Media has recently decreased by 10.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Gray Media is a leading dividend payer. It pays a dividend yield of 7.21%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Gray Media does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.55

News Sentiment

Gray Media has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Gray Media this week, compared to 2 articles on an average week.

Search Interest

Only 6 people have searched for GTN on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gray Media insiders have not sold or bought any company stock.

Percentage Held by Insiders

8.95% of the stock of Gray Media is held by insiders.

Percentage Held by Institutions

78.64% of the stock of Gray Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/30 Dividend: 6/15/2026
• Ex-Dividend for 6/30 Dividend: 6/15/2026
• Dividend Payable: 6/30/2026
• Last Earnings: 8/07/2026
• Record date for 9/30 Dividend: 9/15/2026
• Ex-Dividend for 9/30 Dividend: 9/15/2026
• Today: 9/20/2026
• Dividend Payable: 9/30/2026
• Next Earnings (Estimated): 11/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Communication Services
• Industry: Media
• Sub-Industry: Broadcasting
• Current Symbol: NYSE:GTN
• CIK: 43196
• Web: www.graymedia.com
• Phone: (404) 266-8333
• Fax: 404-261-9607
• Employees: 9,582
• Year Founded: 1897

Price Target and Rating

• Average Price Target for Gray Media: $7.88
• High Price Target: $12.00
• Low Price Target: $6.00
• Potential Upside/Downside: +77.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.61)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 1.91
• P/E Growth: 0.09
• Net Income: -$85 million
• Net Margins: -0.83%
• Pretax Margin: -2.00%
• Return on Equity: -1.12%
• Return on Assets: -0.23%

Debt

• Debt-to-Equity Ratio: 2.73
• Current Ratio: 0.95
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $3.15 billion
• Price / Sales: 0.15
• Cash Flow: $2.50 per share
• Price / Cash Flow: 1.78
• Book Value: $21.13 per share
• Price / Book: 0.21

Miscellaneous

• Outstanding Shares: 102,984,000
• Free Float: 93,767,000
• Market Cap: $457.76 million
• Optionable: Optionable
• Beta: 0.96