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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)1.16M
Market Cap
$517.47M
Enterprise Value$6.71K
Total Cash (Recent Filing)$176.00M
Total Debt (Recent Filing)$5.89B
Price to Earnings (P/E)―
Beta0.71
Next Earnings
Nov 06, 2026EPS Estimate
0.84Next Dividend Ex-DateN/A
Dividend Yield6.46%
Share Statistics
EPS (TTM)-0.47
Shares Outstanding93,115,074
10 Day Avg. Volume824,885
30 Day Avg. Volume1,164,343
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$6.50Price Target Upside32.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.21
Revenue Forecast (FY)$3.60B
Bulls Say, Bears Say
Bulls Say
Debt RefinancingReplacing higher-cost debt with longer-dated notes should reduce interest expense and near-term refinancing pressure. The extended maturity profile can improve liquidity planning and provide greater financial flexibility over the next several years.
Retransmission RevenueRetransmission fees provide a recurring, contract-based revenue stream that is less dependent on advertising cycles. Strong margins and expected contribution from renewed contracts and acquired stations support durable cash generation.
Digital GrowthDouble-digit digital growth indicates progress in diversifying beyond traditional broadcast advertising. Expanding local direct capabilities can broaden Gray’s addressable customer base and create additional monetization opportunities.
Bears Say
Core Advertising WeaknessUnderlying advertising weakness affects a core revenue stream and reflects pressure across consumer, communications, health, and automotive categories. Persistent softness could limit organic growth and constrain operating leverage.
High Leverage And Interest BurdenAlthough refinancing and debt repurchases are constructive, leverage remains high and interest expense absorbs substantial cash flow. This limits flexibility for investment, increases sensitivity to operating weakness, and keeps deleveraging important.
Inconsistent ProfitabilityRepeated swings between profit and loss show that operating earnings have not consistently translated into positive bottom-line results. This volatility may reflect financing costs, cyclical advertising, and transaction expenses that can persist.
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 $517.47M.
When is Gray Media’s upcoming earnings report date?
Gray Media’s upcoming earnings report date is Nov 06, 2026 which is in 60 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 6.46%. See more information on Gray Media dividends here
What is Gray Media’s EPS estimate?
Gray Media’s EPS estimate is 0.84.
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 25.467%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$6.50 (32.11% Upside)
$6.50 (32.11% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 72.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 3.0%
Last 30 Days ▼ 3.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-13.43%
12-Months-Change
Fundamentals
Return on Equity
6.46%
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
$6.50
▲(32.11% 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
29.47% Other Institutional Investors
8.90% Public Companies and
Individual Investors