Gray Media Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $10.90, but opened at $10.08. Gray Media shares last traded at $10.15, with a volume of 698 shares traded.
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 company has a market cap of $1.03 billion, a price-to-earnings ratio of 6.71 and a beta of 1.13. The stock has a 50-day moving average price of $10.37 and a 200 day moving average price of $8.93.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The company reported ($0.42) earnings per share for the quarter. Gray Media had a net margin of 5.64% and a return on equity of 10.31%. The company had revenue of $772.00 million during the quarter.
Gray Media Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.32 annualized dividend and a yield of 3.2%. Gray Media's payout ratio is currently 21.19%.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
