Gray Media, Inc. (GTN)
| Market Cap | 345.35M |
| Revenue (ttm) | 3.64B |
| Net Income (ttm) | 323.00M |
| Shares Out | 101.87M |
| EPS (ttm) | 3.36 |
| PE Ratio | 1.01 |
| Forward PE | n/a |
| Dividend | $0.32 (9.44%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 736,305 |
| Open | 3.380 |
| Previous Close | 3.400 |
| Day's Range | 3.340 - 3.430 |
| 52-Week Range | 2.910 - 7.410 |
| Beta | 1.10 |
| Analysts | Strong Buy |
| Price Target | 6.33 (+86.73%) |
| 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]
Financial Performance
Financial StatementsAnalyst 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 86.73% from the latest price.
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...
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...
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...
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...
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
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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
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...