Gray Media, Inc. (GTN)
| Market Cap | 477.84M |
| Revenue (ttm) | 3.60B |
| Net Income (ttm) | 226.00M |
| Shares Out | 96.53M |
| EPS (ttm) | 2.34 |
| PE Ratio | 2.11 |
| Forward PE | n/a |
| Dividend | $0.32 (6.47%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 2,339,350 |
| Open | 5.160 |
| Previous Close | 5.090 |
| Day's Range | 4.765 - 5.170 |
| 52-Week Range | 2.910 - 6.610 |
| Beta | 1.21 |
| Analysts | Strong Buy |
| Price Target | 6.17 (+24.65%) |
| Earnings Date | Aug 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for GTN stock is "Strong Buy." The 12-month stock price target is $6.17, which is an increase of 24.65% from the latest price.
News
Gray Announces Private Offering of Senior Secured First Lien Notes
ATLANTA, July 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $700 million aggregate principal amount of senior s...
Gray Announces Revolving Credit Facility increase to $750 million and extension to 2028
ATLANTA, July 18, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray” or the “Company”) (NYSE: GTN) today announced that it has (i) increased the aggregate commitments under its revolving credit facilit...
Gray Announces Closing of Offering of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032
ATLANTA, July 18, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $900 million aggregate principal amount of 9...
University of Tennessee Athletics, The Vol Network, and Gray Media Stations Sign Game-Changing Television Partnership
ATLANTA, July 18, 2025 (GLOBE NEWSWIRE) -- University of Tennessee Athletics, the Vol Network, and Gray Media announced today a first of its kind agreement with WVLT in Knoxville, WSMV in Nashville, a...
Gray Media Stations To Broadcast and Stream Together for Texas Documentary Special
ATLANTA, July 11, 2025 (GLOBE NEWSWIRE) -- Gray Media stations will broadcast and stream a half-hour special, Together for Texas, documenting the impact of the devastating floods in Central Texas and ...
Gray Media: 2026 Shaping Up To Be A Massive Year
GTN shares rebounded after a strong Q2/25 pre-announcement, with early political ad revenue signaling a robust 2026 election cycle. Political ad spending is expected to surge, especially with Elon Mus...
Gray Telemundo Stations to Air Carolina Panthers Preseason Games in Spanish for the First Time
English Broadcast of Carolina Panthers Preseason Games to Simulcast on FOX Carolina and Palmetto Sports English Broadcast of Carolina Panthers Preseason Games to Simulcast on FOX Carolina and Palmetto...
Graham Media Group and Gray Media Launch Emergency Donation Drive For Texas Flood Relief
Together for Texas directly supports flood relief efforts in Texas through The Salvation Army Together for Texas directly supports flood relief efforts in Texas through The Salvation Army
GRAY SETS DATE FOR SECOND QUARTER EARNINGS RELEASE AND EARNINGS CONFERENCE CALL
ATLANTA, July 09, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ended June 30, 2025, on Friday, August 8, 2025.
Gray Announces Upsizing and Pricing of $900 Million of 9.625% Senior Secured Second Lien Notes due 2032
ATLANTA, July 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $900 million aggregate principal amount of ...
Gray Announces Private Offering of Senior Secured Second Lien Notes
ATLANTA, July 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $750 million aggregate principal amount of senior s...
Gray Media Updates Second Quarter 2025 Guidance and Provides an Update on Certain Developments During the Quarter
ATLANTA, July 08, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “we,” “us,” or “our”) (NYSE: GTN) today announced an update to its financial guidance for the quarter ended June 30, 2025, along wi...
Local TV Groups E.W. Scripps And Gray Media Swap Stations In Five Markets
Gray Media and the E.W. Scripps Co., two of the largest U.S. owners of local TV stations, have engineered a swap of stations in five small and mid-sized markets. The move will create new duopolies, co...
Gray Media and Scripps Agree to Swap Television Stations
ATLANTA and CINCINNATI, July 07, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) and The E.W. Scripps Company (NASDAQ: SSP) have entered into agreements to swap television stations across five m...
Gray Media Names Stephanie Plant as General Manager of WTAP in Parkersburg, West Virginia
ATLANTA, July 01, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Stephanie Plant as the next General Manager of WTAP, the NBC affiliate in Parkersburg, West Virginia. She will also oversee 2 local low-...
Gray Media Names Jessica Laszewski as General Manager of WSAW in Wausau, Wisconsin
ATLANTA, June 30, 2025 (GLOBE NEWSWIRE) --
Gray Stations and InvestigateTV Honored by IRE Awards for Outstanding Investigative Journalism
ATLANTA, June 23, 2025 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Media stations and Gray's national investigative unit, InvestigateTV, for outstanding watchd...
Gray Media Names David Hughes as General Manager of WFSB in Hartford, Connecticut
ATLANTA, June 16, 2025 (GLOBE NEWSWIRE) -- Gray Media has named David Hughes as the next General Manager of WFSB, the CBS affiliate in Hartford, Connecticut. He succeeds Dana Neves, who recently becam...
Gray Media Names Shalayna Valencia as General Manager of KOSA in Odessa, Texas
ATLANTA, June 10, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. has named Shalayna Valencia as the next General Manager and Director of Sales for KOSA, the CBS affiliate in Odessa, Texas.
Gray Media: Deep Value With Headcount Growth, And Debt Repurchases
Gray Media's headcount and asset growth signal strong future revenue and free cash flow expansion, supporting my bullish outlook. The company is undervalued, trading at just 1.45x 2026 EPS, with signi...
Gray Media Bolsters Broadcast Partnership with The New Orleans Saints
ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- Gray Media, WVUE (New Orleans, Fox 8) and the Saints have entered into a five-year extension to their long-standing broadcast partnership through the conclus...
WANF Expands its Commitment to Atlanta News First As an Independent Local Television Station in Gray Media's Home Market of Atlanta
ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) -- On August 15, 2025, Gray Media's local television station WANF will end its 31-year affiliation with the CBS Network to begin a new chapter as an independent...
CBS and Gray Media Renew Affiliation Agreements for 52 Markets
NEW YORK and ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) -- CBS, a subsidiary of Paramount Global, and Gray Media (“Gray”) announced today that they have entered into an agreement that renews 52 of Gray's...
RTDNA Awards 81 Regional Edward R. Murrow Awards to 38 Gray Television Stations
ATLANTA, May 30, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 81 regional Edward R. Murrow awards for excellence in...
Gray Media Announces Two General Manager Moves
ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today the moves of two current General Managers to new markets. Gray has named Shannon Booth as the next General Manager of WOWT (NBC) in...