Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares saw strong trading volume on Tuesday . 7,251 shares changed hands during mid-day trading, an increase of 172% from the previous session's volume of 2,664 shares.The stock last traded at $9.80 and had previously closed at $9.63.
Gray Media Stock Performance
The company has a debt-to-equity ratio of 2.56, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 7.06 and a beta of 1.10. The company has a fifty day moving average price of $10.32 and a two-hundred day moving average price of $8.44.
Gray Media (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported ($0.42) earnings per share for the quarter. The firm had revenue of $772.00 million during the quarter. Gray Media had a net margin of 5.64% and a return on equity of 10.31%.
Gray Media Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, September 15th. Gray Media's dividend payout ratio is currently 21.19%.
Gray Media Company Profile
(
Get Free Report)
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.
See Also
Before you consider Gray Media, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gray Media wasn't on the list.
While Gray Media currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access