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GTN Stock Chart & Stats
$3.96
$0.02(0.51%)
At close: 4:00 PM EDT
$3.96
$0.02(0.51%)
Day’s Range― - ―
52-Week Range$3.55 - $6.44
Previous Close$3.98
Volume785.33K
Average Volume (3M)1.33M
Market Cap
$544.68M
Enterprise Value$6.71K
Total Cash (Recent Filing)$176.00M
Total Debt (Recent Filing)$5.89B
Price to Earnings (P/E)―
Beta0.75
Next Earnings
Nov 06, 2026EPS Estimate
0.84Next Dividend Ex-DateN/A
Dividend Yield6.13%
Share Statistics
EPS (TTM)-0.47
Shares Outstanding93,115,074
10 Day Avg. Volume1,093,150
30 Day Avg. Volume1,330,899
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
$5.75Price Target Upside45.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.21
Revenue Forecast (FY)$3.60B
Bulls Say, Bears Say
Bulls Say
Improving Balance Sheet / DeleveragingMaterial deleveraging and a healthier debt-to-equity profile improve financial flexibility and reduce refinancing risk over the next several quarters. This durable strengthening supports opportunistic M&A, opportunistic debt repurchases and cushions political seasonality impacts on liquidity.
Positive Cash Generation And Free Cash FlowSustained positive operating and free cash flow provides the company with internally generated capital to fund capex, deleveraging and strategic initiatives. Reliable cash generation over TTM supports balance-sheet repair and reduces dependence on external financing in the medium term.
Retransmission Revenue Strength And High MarginsRetransmission fees are recurring, per-subscriber revenue with contract renewal mechanics that create durable, predictable cash flows. Above-40% margins that are expected to rise materially bolster long-term EBITDA resilience and reduce reliance on cyclical advertising.
Bears Say
Elevated Consolidated LeverageA ~5.7x total net leverage level leaves the company exposed to interest-rate and refinancing risk and constrains strategic optionality. Slower-than-planned deleveraging compresses runway for sustained buybacks or dividends and keeps interest burden structurally material in the medium term.
Inconsistent Net ProfitabilityVolatile bottom-line performance reduces predictability for investors and management planning. Even with respectable EBITDA margins at times, inconsistent conversion to net income complicates sustainable return-of-capital strategies and raises sensitivity to cyclical ad downturns.
Core Advertising Softness And Vertical WeaknessPersistent mid-single-digit weakness in core local ad demand, and softness in key verticals like automotive, pressures top-line durability between political cycles. This structural ad fragility increases revenue volatility and limits steady margin expansion absent retransmission or digital offsets.
Gray Media News
GTN FAQ
What was Gray Media Inc’s price range in the past 12 months?
Gray Media Inc lowest stock price was $3.55 and its highest was $6.43 in the past 12 months.
What is Gray Media Inc’s market cap?
Gray Media Inc’s market cap is $544.68M.
When is Gray Media Inc’s upcoming earnings report date?
Gray Media Inc’s upcoming earnings report date is Nov 06, 2026 which is in 82 days.
How were Gray Media Inc’s earnings last quarter?
Gray Media Inc 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 Inc overvalued?
According to Wall Street analysts Gray Media Inc’s price is currently Undervalued.
Does Gray Media Inc pay dividends?
Gray Media Inc pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 6.13%. See more information on Gray Media Inc dividends here
What is Gray Media Inc’s EPS estimate?
Gray Media Inc’s EPS estimate is 0.84.
How many shares outstanding does Gray Media Inc have?
Gray Media Inc has 93,115,074 shares outstanding.
What happened to Gray Media Inc’s price movement after its last earnings report?
Gray Media Inc 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 Inc?
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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.75 (45.20% Upside)
$5.75 (45.20% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 46.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $250.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 9.9%
Last 30 Days ▼ 9.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.42%
12-Months-Change
Fundamentals
Return on Equity
6.13%
Trailing 12-Months
Asset Growth
0.82%
Trailing 12-Months
Company Description
Gray Media Inc
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
$5.75
▲(45.20% 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
8.64% Public Companies and
Individual Investors