Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $10.10, but opened at $10.50. Gray Media shares last traded at $10.69, with a volume of 6,270 shares trading hands.
Gray Media Stock Performance
The stock has a market capitalization of $1.08 billion, a PE ratio of 7.08 and a beta of 1.10. The business has a 50 day moving average price of $10.08 and a 200 day moving average price of $8.29. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.87 and a quick ratio of 0.91.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its 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 firm 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. Stockholders of record on Monday, September 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.32 annualized dividend and a dividend yield of 3.0%. Gray Media's dividend payout ratio (DPR) is 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.
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