Gray Media (GTN) Stock Price, News & Analysis

Company Overview

Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets. It owns and operates television stations and digital assets that serve television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $6.00 to $6.17
• 50-Day Range: $4.13 to $6.26
• 52-Week Range: $2.91 to $6.30
• Volume: 873,849 shs
• Average Volume: 1.75 million shs
• Market Capitalization: $627.34 million
• P/E Ratio: 4.07
• Dividend Yield: 5.21%
• Price Target: $6.88
• Consensus Rating: Moderate Buy

Gray Media Stock Analysis - MarketRank™

Gray Media scored higher than 91% of companies evaluated by MarketBeat, and ranked 26th out of 293 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Gray Media has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Gray Media has only been the subject of 4 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 $3.32 to ($0.28) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gray Media is 4.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gray Media is 4.07, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.36.

Price to Book Value per Share Ratio

Gray Media has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.84% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gray Media has recently increased by 17.54%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Gray Media is a leading dividend payer. It pays a dividend yield of 5.25%, 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.

Dividend Coverage

The dividend payout ratio of Gray Media is 21.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.74

Percentage of Shares Shorted

5.84% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gray Media has recently increased by 17.54%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.10

News Sentiment

Gray Media has a news sentiment score of 1.10. 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 Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Gray Media this week, compared to 4 articles on an average week.

Search Interest

8 people have searched for GTN on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

2 people have added Gray Media to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Gray Media insiders have bought more of their company's stock than they have sold. Specifically, they have bought $46,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

15.22% of the stock of Gray Media is held by insiders. A high percentage of insider ownership can be a sign of company health.

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.

GTN Stock Analysis - Frequently Asked Questions

How have GTN shares performed this year?

Gray Media's stock was trading at $3.15 on January 1st, 2025. Since then, GTN stock has increased by 95.1% and is now trading at $6.1450.

How were Gray Media's earnings last quarter?

Gray Media Inc. (NYSE:GTN) issued its quarterly earnings results on Friday, August, 8th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.23) by $0.19. The business's revenue was down 6.5% compared to the same quarter last year.
Read the conference call transcript.

Who are Gray Media's major shareholders?

Gray Media's top institutional shareholders include Capital Management Corp VA (6.59%), New York State Common Retirement Fund (1.36%), AQR Capital Management LLC (1.34%) and Prudential Financial Inc. (0.89%). Insiders that own company stock include Hilton H Howell Jr, Robin Robinson Howell, Harriett J Robinson, Jeffrey R Gignac, Kevin Paul Latek, D Patrick Laplatney, Richard Lee Boger and T L Elder.
View institutional ownership trends.

How do I buy shares of Gray Media?

Shares of GTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Gray Media own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gray Media investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 8/08/2025
• Today: 8/30/2025
• Record date for 9/30 Dividend: 9/15/2025
• Ex-Dividend for 9/30 Dividend: 9/15/2025
• Dividend Payable: 9/30/2025
• Next Earnings (Estimated): 11/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: BRDCST - RADIO/TV
• Sub-Industry: Communication
• Current Symbol: NYSE:GTN
• CIK: 43196
• Web: www.gray.tv
• Phone: (404) 266-8333
• Fax: 404-261-9607
• Employees: 9,502
• Year Founded: 1897

Price Target and Rating

• Average Price Target for Gray Media: $6.88
• High Price Target: $9.00
• Low Price Target: $5.00
• Potential Upside/Downside: +11.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.51
• Trailing P/E Ratio: 4.07
• Forward P/E Ratio: 1.85
• P/E Growth: N/A
• Net Income: $375 million
• Net Margins: 5.64%
• Pretax Margin: 8.03%
• Return on Equity: 10.31%
• Return on Assets: 2.17%

Debt

• Debt-to-Equity Ratio: 2.56
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $3.64 billion
• Price / Sales: 0.17
• Cash Flow: $7.15 per share
• Price / Cash Flow: 0.86
• Book Value: $21.36 per share
• Price / Book: 0.29

Miscellaneous

• Outstanding Shares: 102,090,000
• Free Float: 86,549,000
• Market Cap: $627.34 million
• Optionable: Optionable
• Beta: 1.20