Gray Television (GTN)
NYSE:GTN
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GTN Stock Chart & Stats
$5.91
-$0.13(-3.55%)
At close: 4:00 PM EST
$5.91
-$0.13(-3.55%)
Day’s Range― - ―
52-Week Range$3.50 - $6.44
Previous CloseN/A
Volume254.08K
Average Volume (3M)1.25M
Market Cap
$491.07M
Enterprise Value$5.94B
Total Cash (Recent Filing)$259.00M
Total Debt (Recent Filing)$5.81B
Price to Earnings (P/E)―
Beta0.48
Next Earnings
Aug 06, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend Yield6.45%
Share Statistics
EPS (TTM)-1.39
Shares Outstanding92,912,580
10 Day Avg. Volume1,028,110
30 Day Avg. Volume1,247,287
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 Cap12.10
Enterprise Value/Revenue1.93
Enterprise Value/Gross Profit2.03
Enterprise Value/Ebitda6.12
Forecast
1Y Price Target
$7.88Price Target Upside33.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.17
Revenue Forecast (FY)$3.48B
Bulls Say, Bears Say
Bulls Say
Advertising RevenueWith a large local ad revenue base and stabilization in the auto sector, the company's advertising revenue shows resilience.
Broadcasting Standard TransitionThe transition to the ATSC 3.0 broadcasting standard offers potential new revenue streams through improved advertising products and services.
Leverage StrategyThe company's strategy to reduce leverage by a quarter turn and focus on disciplined acquisition activity is seen as a positive move.
Bears Say
Leverage RiskDespite the company's strengths, the high degree of leverage increases its risk profile, especially if core trends worsen.
Gray Television News
GTN FAQ
What was Gray Television’s price range in the past 12 months?
Gray Television lowest stock price was $3.50 and its highest was $6.43 in the past 12 months.
What is Gray Television’s market cap?
Gray Television’s market cap is $491.07M.
When is Gray Television’s upcoming earnings report date?
Gray Television’s upcoming earnings report date is Aug 06, 2026 which is in 82 days.
How were Gray Television’s earnings last quarter?
Gray Television released its earnings results on May 07, 2026. The company reported -$0.34 earnings per share for the quarter, missing the consensus estimate of -$0.278 by -$0.062.
Is Gray Television overvalued?
According to Wall Street analysts Gray Television’s price is currently Undervalued.
Does Gray Television pay dividends?
Gray Television pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 6.45%. See more information on Gray Television dividends here
What is Gray Television’s EPS estimate?
Gray Television’s EPS estimate is 0.02.
How many shares outstanding does Gray Television have?
Gray Television has 92,912,580 shares outstanding.
What happened to Gray Television’s price movement after its last earnings report?
Gray Television reported an EPS of -$0.34 in its last earnings report, missing expectations of -$0.278. Following the earnings report the stock price went down -20.072%.
Which hedge fund is a major shareholder of Gray Television?
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 Television Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$7.88 (33.25% Upside)
$7.88 (33.25% Upside)
Blogger Sentiment
Bullish
GTN Sentiment 100%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 112.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 9.6%
Last 30 Days ▼ 8.3%
Last 30 Days ▼ 8.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
89.05%
12-Months-Change
Fundamentals
Return on Equity
-3.43%
Trailing 12-Months
Asset Growth
-1.14%
Trailing 12-Months
Company Description
Gray Television
Gray Media, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
GTN Company Deck
GTN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call presents a constructive operational and strategic picture: revenue met guidance (total revenue $768M), Adjusted EBITDA was solid ($154M), digital growth and political ad strength provide clear growth drivers, multiple acquisitions and a resolved DISH dispute reduce near-term distribution risk, and liquidity exceeded $1 billion. Offsetting these positives are near-term ad softness guidance for Q2 (mid-single digit core ad decline), a Q1 net retransmission revenue decline of $4M due to a blackout, elevated leverage (total net leverage ~5.94x) and short-term expense timing pressures (broadcast op expenses +4%, legal/M&A costs). Management expects net retrans growth for the full year, deleveraging as acquisitions integrate, and continued upside from political and digital, leading to a favorable bias despite some notable short-term headwinds.View all GTN earnings summariesGTN Stock 12 Month Forecast
Average Price Target
$7.88
▲(33.25% 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
28.97% Insiders
18.22% Mutual Funds
19.06% Other Institutional Investors
16.64% Public Companies and
Individual Investors