Shares of Gray Media Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $8.92, but opened at $8.59. Gray Media shares last traded at $8.59, with a volume of 262 shares trading hands.
Gray Media Price Performance
The stock has a market capitalization of $913.89 million, a P/E ratio of 3.90 and a beta of 1.02. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 3.48. The stock has a 50 day moving average of $8.01 and a 200-day moving average of $7.40.
Gray Media (NYSE:GTN.A - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.23) EPS for the quarter. Gray Media had a net margin of 7.72% and a return on equity of 13.78%.
Gray Media Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date of this dividend is Friday, June 13th. Gray Media's dividend payout ratio (DPR) is presently 13.85%.
About Gray Media
(
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.
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