Gray Media, Inc. (GTN)
Market Cap | 316.63M |
Revenue (ttm) | 3.46B |
Net Income (ttm) | 145.00M |
Shares Out | 95.37M |
EPS (ttm) | 1.53 |
PE Ratio | 2.18 |
Forward PE | 6.03 |
Dividend | $0.32 (9.64%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 624,376 |
Open | 3.240 |
Previous Close | 3.210 |
Day's Range | 3.200 - 3.345 |
52-Week Range | 2.910 - 10.070 |
Beta | 1.40 |
Analysts | Buy |
Price Target | 6.67 (+100.9%) |
Earnings Date | Feb 21, 2025 |
About GTN
Gray Media, Inc., a multimedia company, owns and/or operates television stations and digital assets in the United States. It owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies; and operates video production companies and studio production facilities. The company was formerly known as Gray Television, Inc. and changed its name to Gray Media, Inc. in January 2025. Gray Media, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GTN stock is "Buy." The 12-month stock price forecast is $6.67, which is an increase of 100.90% from the latest price.
News
Braves Announce Exclusive Gray Media Spring Training Action
Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on Gray Media Network of Stations in 2025 Ten Atlanta Braves Spring Training Games will be Available for Fans to Watch on G...
U.S. Department of Justice Suspends Warrantless Airport Search Program After InvestigateTV Reporting
ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that following an investigation by Gray's InvestigateTV and Atlanta News First Investigates, the U.S. Department of Ju...
Gray Media Promotes Alison Davis to General Manager of WTOK-TV in Meridian, Mississippi
ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meri...
Gray Media Names Jacque Harms as General Manager of KKTV in Colorado Springs, Colorado
ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) has named Jacque Harms as the next General Manager of KKTV, the CBS affiliate in Colorado Springs, Colorado.
Gray Announces KTUU/KYES General Manager Retirement
Atlanta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that longtime KTUU and KYES General Manager Nancy Johnson will retire on January 3, 2025.
Gray Television, Inc. Will Officially Become Gray Media, Inc.
ATLANTA, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) today announced that its Board of Directors has unanimously voted to change the company's name to Gray Media, Inc. effectiv...
Gray Renews All ABC Affiliation Agreements
Atlanta, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (NYSE: GTN) announced today that it has entered into agreements with The Walt Disney Company that extend and renew the network affiliat...
Top 3 Tech And Telecom Stocks That May Rocket Higher In Q4
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Atlanta Braves Partner with Gray Media to Simulcast 15 Regular Season Games
Partnership also includes 10 spring training games airing only on Gray TV plus opportunity to create additional Braves content for fans throughout Braves Country. Braves significantly increase fans' o...
Gray Announces Two General Manager Retirements
ATLANTA, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the upcoming retirements of two veteran broadcasters at year-end. In Columbus, Georgia, Holly Steuart will retire as t...
GRAY MEDIA AND THE NATIONAL COLLEGIATE HOCKEY CONFERENCE TEAM UP TO BRING ELITE COLLEGE HOCKEY FREE OVER-THE-AIR TO VIEWERS ACROSS THE COUNTRY
ATLANTA, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) and the National Collegiate Hockey Conference (NCHC) today announced that select NCHC college hockey games will appear free, over-the-...
Derek Rogers Joins Gray Media as General Manager of KXII and FXII in Sherman, Texas
ATLANTA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray” or “Gray Media”) (NYSE: GTN) announced that Derek Rogers will join the company as the next General Manager and Director of Sale...
Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced...
Gray Announces Three General Manager Retirements
ATLANTA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced the retirements of three veteran broadcasters occurring this month. In Presque Isle, Maine, Kelly Landeen is retiring ...
Gray Television, Inc. (GTN) Q3 2024 Earnings Call Transcript
Gray Television, Inc. (NYSE:GTN) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Hilton Howell - Chairman and Chief Executive Officer Pat LaPlatney - President & Co...
GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its com...
Gray Announces Third Quarter Financial Results, Additional Cost Containment Initiatives, and Approximately $500 Million of Full-Year 2024 Political Ad Revenue and Projected $500 Million Full-Year 2024 Net Debt Reduction
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced a strong third quarter ended September 30, 2024. Gray also proj...
Local News Live Announces Election Night Coverage
ATLANTA, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive election night coverage plans on Local News Live, its 24/7 news network. Starting at 7 p.m. EST on No...
Gray Sets Date for Third Quarter Earnings Release and Earnings Conference Call
ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that it will release its earnings results for the quarter ended September 30, 2024 on Friday, November 8, 2024.
Local News Live Launches New Streaming Apps
Atlanta, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that Local News Live, its 24/7 streaming news network, launched standalone apps for connected TVs and smartphones. T...
Gray Media and Stations Raise More Than $340,000 for Hurricane Helene Relief
ATLANTA, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that its local television stations have raised more than $290,000 for Hurricane Helene response efforts, and Gray its...
InvestigateTV+ Grows Clearances for 2024 – 2025 Season
ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the...
Gray Media Announces Coverage Plans for 2024 Democratic National Convention
ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention.
Gray Television: Bumpy Ride But Thesis Intact
Gray Television is the second-largest local television broadcaster in the US, with stations in 114 markets. Gray Television's stock price plunged after mixed second-quarter results, but the company st...
Gray Television, Inc. (GTN) Q2 2024 Earnings Call Transcript
Gray Television, Inc. (NYSE:GTN) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Hilton Howell - Chairman and CEO Kevin Latek - CLO and CDO Jeff Gignac - CFO Pat LaPl...