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GTN Stock Chart & Stats
$4.92
$0.02(0.51%)
At close: 4:00 PM EDT
$4.92
$0.02(0.51%)
Day’s Range― - ―
52-Week Range$3.55 - $6.44
Previous Close$3.98
Volume785.33K
Average Volume (3M)979.86K
Market Cap
$498.29M
Enterprise Value$6.71B
Total Cash (Recent Filing)$176.00M
Total Debt (Recent Filing)$5.89B
Price to Earnings (P/E)―
Beta0.61
Next Earnings
Nov 06, 2026EPS Estimate
0.86Next Dividend Ex-DateN/A
Dividend Yield6.93%
Share Statistics
EPS (TTM)-0.47
Shares Outstanding93,115,074
10 Day Avg. Volume882,044
30 Day Avg. Volume979,856
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.17
Price to Sales (P/S)0.15
P/FCF Ratio2.59
Enterprise Value/Market Cap13.46
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit8.18
Enterprise Value/Ebitda15.32
Forecast
1Y Price Target
$6.17Price Target Upside25.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.3
Revenue Forecast (FY)$3.63B
Bulls Say, Bears Say
Bulls Say
Retransmission Revenue StrengthStrong retransmission revenue provides a recurring, contract-based contribution that is less dependent on spot advertising. Above-40% margins and expected acceleration from contract renewals and acquired stations can support durable cash generation over the next several quarters.
Digital And Local Content GrowthDigital growth and expanding local direct business diversify Gray’s traditional broadcast model and create additional ways to monetize its audience. Continued investment in local programming and content can reinforce station engagement, advertiser value, and competitive positioning.
Refinancing And Deleveraging ActionsExtending more than $1.25 billion of debt maturities and lowering borrowing costs improves financial flexibility around future political cycles. Debt repurchases, preferred redemption, and planned refinancing savings also create a clearer path for cash flow to support deleveraging.
Bears Say
Elevated Leverage And Interest BurdenAlthough leverage is improving, a 5.73x total net leverage ratio and roughly $440 million of annual interest expense leave limited room for operating setbacks. The debt burden can constrain investment, reduce cash available for shareholders, and keep refinancing execution important.
Core Advertising SoftnessUnderlying advertising weakness indicates that reported growth is being supported partly by acquisitions and political demand rather than broad-based improvement. Continued pressure in consumer-facing, communications, health, and automotive categories could weigh on recurring revenue and margins.
Inconsistent ProfitabilityRepeated periods of net losses show that operating earnings do not consistently translate into positive bottom-line results. This volatility reduces the reliability of earnings-based cash retention, complicates capital allocation, and leaves performance more sensitive to advertising and financing conditions.
Gray Media News
GTN FAQ
What was Gray Media’s price range in the past 12 months?
Gray Media lowest stock price was $3.55 and its highest was $6.43 in the past 12 months.
What is Gray Media’s market cap?
Gray Media’s market cap is $498.29M.
When is Gray Media’s upcoming earnings report date?
Gray Media’s upcoming earnings report date is Nov 06, 2026 which is in 14 days.
How were Gray Media’s earnings last quarter?
Gray Media released its earnings results on Aug 07, 2026. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of -$0.1 by $0.31.
Is Gray Media overvalued?
According to Wall Street analysts Gray Media’s price is currently Undervalued.
Does Gray Media pay dividends?
Gray Media pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 6.93%. See more information on Gray Media dividends here
What is Gray Media’s EPS estimate?
Gray Media’s EPS estimate is 0.86.
How many shares outstanding does Gray Media have?
Gray Media has 93,115,074 shares outstanding.
What happened to Gray Media’s price movement after its last earnings report?
Gray Media reported an EPS of $0.21 in its last earnings report, beating expectations of -$0.1. Following the earnings report the stock price went up 25.463%.
Which hedge fund is a major shareholder of Gray Media?
Currently, no hedge funds are holding shares in GTN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Gray Media Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$6.17 (25.34% Upside)
$6.17 (25.34% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 67%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Increased
By 72.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 6.0%
Last 30 Days ▲ 6.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.02%
12-Months-Change
Fundamentals
Return on Equity
-0.94%
Trailing 12-Months
Asset Growth
0.82%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Gray Media
Gray Media, Inc. is a leading television broadcasting entity that manages an extensive portfolio of TV stations and digital assets throughout the United States, reaching 113 distinct television markets. In addition to its primary channels, the company transmits a diverse range of secondary digital networks, including affiliations with major broadcasters like ABC, CBS, NBC, and FOX. Its specialized digital offerings also encompass networks such as CW Plus, MY Network, MeTV, Justice, This TV, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network. The company further provides localized news and weather channels and offers video program production services. Founded in 1891, Gray Media, Inc. is based in Atlanta, Georgia, and was formerly known as Gray Communications Systems, Inc. before being rebranded as Gray Television, Inc. in August 2002.
GTN Company Deck
GTN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and financial picture: revenue and adjusted EBITDA beat expectations, political and retransmission revenue outperformed guidance, digital growth accelerated, and management executed active M&A while taking concrete balance sheet actions (liquidity, debt repurchases, preferred redemption and authorized buybacks). Key challenges include persistent core advertising softness (mid-single-digit pressure ex-M&A), elevated corporate transaction costs, and a still-elevated leverage profile (total net leverage ~5.73x) that is improving but not yet to plan. Management emphasized using political cash flow to accelerate deleveraging and highlighted margin and synergy opportunities tied to retransmission and cost rationalization, but macro and timing risks remain.View all GTN earnings summariesGTN Stock 12 Month Forecast
Average Price Target
$6.17
▲(25.34% Upside)
Technical Analysis
Beasley Broadcast Group
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E. W. Scripps Company Class A
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Entravision
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Saga Communications
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Ownership Overview
28.80% Insiders
16.88% Mutual Funds
0.04% Other Institutional Investors
37.01% Public Companies and
Individual Investors