Gray Media, Inc. (GTN)

NYSE: GTN · Real-Time Price · USD
3.320
+0.110 (3.43%)
Jan 17, 2025, 4:00 PM EST - Market closed
3.43%
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]

Industry Broadcasting
Founded 1897
Employees 9,923
Stock Exchange NYSE
Ticker Symbol GTN
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$6.67
(100.90% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

7 days 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...

11 days ago - GlobeNewsWire

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...

17 days ago - GlobeNewsWire

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.

17 days ago - GlobeNewsWire

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.

20 days ago - GlobeNewsWire

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...

21 days ago - GlobeNewsWire

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...

21 days ago - GlobeNewsWire

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.

Other symbols: EATIMB
24 days ago - Benzinga

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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-...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha