Gray Television ( (GTN) ) has shared an update.
On May 7, 2025, Gray Television, Inc. held its Annual Meeting of Shareholders, where the amendment and restatement of the 2022 Equity and Incentive Compensation Plan were approved. This decision increases the number of shares reserved for issuance and extends the plan’s termination date, potentially impacting the company’s equity structure and stakeholder interests. Additionally, the meeting included the election of directors and the ratification of RSM US LLP as the independent registered public accounting firm for 2025.
Spark’s Take on GTN Stock
According to Spark, TipRanks’ AI Analyst, GTN is a Neutral.
Gray Television’s strong earnings growth and debt reduction efforts are significant positives, reflected in its attractive valuation. However, high leverage and declining advertising revenue present risks. The stock shows mixed technical signals with some overbought indicators. Investors should weigh these factors carefully.
To see Spark’s full report on GTN stock, click here.
More about Gray Television
Gray Television, Inc. operates in the media industry, primarily focusing on television broadcasting. The company provides a range of services including local news and entertainment programming, reaching a broad audience across various markets.
Average Trading Volume: 1,656,795
Technical Sentiment Signal: Sell
Current Market Cap: $419.1M
Find detailed analytics on GTN stock on TipRanks’ Stock Analysis page.