Gray Media, Inc. (GTN)

NYSE: GTN · Real-Time Price · USD
3.350
+0.010 (0.30%)
At close: Apr 17, 2025, 4:00 PM
3.360
+0.010 (0.30%)
After-hours: Apr 17, 2025, 7:15 PM EDT
0.30%
Market Cap 340.26M
Revenue (ttm) 3.64B
Net Income (ttm) 323.00M
Shares Out 101.87M
EPS (ttm) 3.36
PE Ratio 0.99
Forward PE n/a
Dividend $0.32 (9.55%)
Ex-Dividend Date Mar 14, 2025
Volume 665,844
Open 3.390
Previous Close 3.340
Day's Range 3.310 - 3.390
52-Week Range 2.910 - 7.410
Beta 1.10
Analysts Strong Buy
Price Target 6.33 (+88.96%)
Earnings Date May 8, 2025

About GTN

Gray Media, Inc., a multimedia company, owns and/or operates television stations and digital assets in the United States. The company operates through Broadcasting, Production Companies, and Other segments. It also 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 head... [Read more]

Industry Broadcasting
Founded 1897
Employees 9,502
Stock Exchange NYSE
Ticker Symbol GTN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GTN stock is "Strong Buy." The 12-month stock price forecast is $6.33, which is an increase of 88.96% from the latest price.

Price Target
$6.33
(88.96% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gray Media: A Value Play On A Highly Anticipated 2026 Midterm Election Season

Gray Media, Inc. (GTN) is undervalued with a GAAP P/E of 1x, driven by strong political ad revenue during election years. Despite high debt and stagnant revenue, GTN's cash flow supports debt repurcha...

6 hours ago - Seeking Alpha

Gray Promotes Dana Neves to Senior Managing Vice President

ATLANTA, April 17, 2025 (GLOBE NEWSWIRE) -- Gray Media has promoted Dana Neves to Senior Managing Vice President, effective immediately. In her new role, Dana oversees a number of Gray's television ma...

1 day ago - GlobeNewsWire

Major League Pickleball and Gray Media Announce Local Media Partnerships to Provide Expanded 2025 MLP Event Distribution in Multiple Team Markets

Collection of Atlanta Bouncers, Carolina Hogs, St. Louis Shock, and Columbus Sliders Matches to Air Locally This Season Collection of Atlanta Bouncers, Carolina Hogs, St. Louis Shock, and Columbus Sli...

3 days ago - GlobeNewsWire

Gray Media Promotes Mark Little to General Manager of KWQC in the Quad Cities

ATLANTA, April 14, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today the promotion of Mark Little to General Manager of KWQC, the NBC affiliate in Davenport, Iowa, serving the Quad Cities market, ef...

3 days ago - GlobeNewsWire

Gray Media's Broadcast Sports Networks Partner with the Military Basketball Association

First Free, Over-The-Air MBA Playoff Game Scheduled to Air this Sunday First Free, Over-The-Air MBA Playoff Game Scheduled to Air this Sunday

8 days ago - GlobeNewsWire

GRAY SETS DATE FOR FIRST QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL

ATLANTA, April 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended March 31, 2025 on Thursday, May 8, 2025.

14 days ago - GlobeNewsWire

Gray Announces AR Securitization Facility increase to $400 million and extension to 2028 and Revolving Credit Facility increase to $700 million

ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray” or the “Company”) (NYSE: GTN) today announced that it has increased the aggregate commitments under its revolving accounts receivab...

17 days ago - GlobeNewsWire

Jaime Sayre Kawaja Returns to Kentucky to Lead Gray's Stations in the Lexington/Hazard Market

ATLANTA, March 20, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Jaime Sayre Kawaja as General Manager and Director of Sales for WKYT and WYMT, which together serve as the CBS affiliates for the Lexin...

4 weeks ago - GlobeNewsWire

Gray Stations Add Local News Live to Daily Programming Lineup

ATLANTA, March 17, 2025 (GLOBE NEWSWIRE) -- Local News Live's signature afternoon newscast joins the programming lineup on 37 of Gray Media's local television stations starting today. The one-hour new...

4 weeks ago - GlobeNewsWire

FCC Approves First New Combination of Top-Four Rated Television Stations in More Than Five Years with Grant of Gray's KXLT Assignment Application

ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- The Federal Communications Commission (FCC) today granted a waiver of its local ownership rules to permit Gray Media to acquire KXLT-TV (FOX) in the Rochest...

5 weeks ago - GlobeNewsWire

Atlanta Braves Spring Training Games to Air in Spanish on Gray Media's Telemundo Affiliate Stations Across the Southeast

ATLANTA, March 11, 2025 (GLOBE NEWSWIRE) -- For the first time, Atlanta Braves fans will be able to watch two Spring Training games in Spanish on Telemundo this March. As an extension of its broadcast...

5 weeks ago - GlobeNewsWire

Gray Media Promotes Ellenann Yelverton to General Counsel

ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Ellenann Yelverton as its General Counsel. Since the closing of the Gray/Raycom Media merger in 2019, Ellenann has overseen the company...

6 weeks ago - GlobeNewsWire

Gray Media, Inc. (GTN) Q4 2024 Earnings Call Transcript

Gray Media, Inc. (NYSE:GTN) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Hilton Howell - Chairman and Chief Executive Officer Pat LaPlatney - President & Co-Chi...

7 weeks ago - Seeking Alpha

GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that its Board of Directors has authorized a quarterly cash dividend of $0.08 per share of its common s...

7 weeks ago - GlobeNewsWire

Gray Media's Fourth Quarter Financial Results Exceeded Expectations

ATLANTA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “Gray Media,” “we,” “us” or “our”) (NYSE: GTN) today announced its financial results for the quarter ended December 31, 2024, which...

7 weeks ago - GlobeNewsWire

Gray Names Blake Sebo as General Manager of KTUU and KYES in Anchorage, Alaska

ATLANTA, Feb. 14, 2025 (GLOBE NEWSWIRE) --  Gray Media has named Blake Sebo as the next General Manager of KTUU and KYES, Gray's NBC and CBS affiliates in Anchorage, Alaska. Blake Sebo has nearly twen...

2 months ago - GlobeNewsWire

Atlanta Dream and Gray Media Renew Broadcast Partnership for 2025

Gray will be the Official Broadcast Partner of the Dream, Peachtree TV and Peachtree Sports Network to air Dream games and additional content across the region Gray will be the Official Broadcast Part...

2 months ago - GlobeNewsWire

Gray Media Launches New NEXTGEN TV Enhancements for the Big Game on Sunday

ATLANTA, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Gray Media will broadcast Super Bowl LIX using High Dynamic Range (HDR) at all their NEXTGEN TV FOX affiliates, allowing viewers in eight markets to watch th...

2 months ago - GlobeNewsWire

Gray Media Renews InvestigateTV+ and InvestigateTV+ Weekend for 2025-2026 Season

ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for...

2 months ago - GlobeNewsWire

Gray Media Promotes Pamela Biddle to General Manager of WTVM in Columbus, Georgia

ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) announced today the promotion of Pamela Biddle to the position of Vice President/General Manager of WTVM, the ABC affiliate in C...

2 months ago - GlobeNewsWire

Gray Media: Free Cash Flow Potential, Reorganization Efforts In 2025, And Undervalued

Gray Media, Inc. is actively reducing operating expenses and capital expenditures, while repurchasing debt to improve its financial position and enhance stock valuation. GTN's recent financial perform...

2 months ago - Seeking Alpha

GRAY SETS DATE FOR FOURTH QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL

ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended December 31, 2024 on Thursday, February 27, 2025...

3 months ago - GlobeNewsWire

Charlotte Hornets Partner With Gray Media To Simulcast Five Games On Free, Over-The-Air Television Throughout The Carolinas

Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season Team Returns to Over-the-Air Television for the First Time Since 2007-08 Season

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire