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Gray Media NYSE:GTN Stock Report

Last Price

US$3.35

Market Cap

US$330.2m

7D

7.4%

1Y

-62.2%

Updated

02 Jan, 2025

Data

Company Financials +

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US$5.80
FV
42.2% undervalued intrinsic discount
-0.48%
Revenue growth p.a.
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1 day ago author updated this narrative

Gray Media, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gray Media
Historical stock prices
Current Share PriceUS$3.35
52 Week HighUS$10.07
52 Week LowUS$2.91
Beta1.35
1 Month Change-22.81%
3 Month Change-38.42%
1 Year Change-62.23%
3 Year Change-84.22%
5 Year Change-84.26%
Change since IPO-74.23%

Recent News & Updates

Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Dec 24
Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Recent updates

Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Dec 24
Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Gray Television, Inc. (NYSE:GTN) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Dec 04
Gray Television, Inc. (NYSE:GTN) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Gray Television: Still A Value Trap

Nov 19

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Nov 12
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television: Dead Money (Rating Downgrade)

Nov 10

Improved Revenues Required Before Gray Television, Inc. (NYSE:GTN) Shares Find Their Feet

Oct 17
Improved Revenues Required Before Gray Television, Inc. (NYSE:GTN) Shares Find Their Feet

Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Sep 10
Gray Television (NYSE:GTN) Seems To Be Using A Lot Of Debt

Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Aug 20
Gray Television's (NYSE:GTN) Dividend Will Be $0.08

Gray Television: Bumpy Ride But Thesis Intact

Aug 10

Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Aug 05
Is Now An Opportune Moment To Examine Gray Television, Inc. (NYSE:GTN)?

Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Jul 15
Estimating The Intrinsic Value Of Gray Television, Inc. (NYSE:GTN)

Taking A (Speculative) Position In Gray Television

Jul 10

Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jun 19
Gray Television, Inc. (NYSE:GTN) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Jun 01
Gray Television (NYSE:GTN) Use Of Debt Could Be Considered Risky

Gray Television: Tune In To The Main Event

Apr 02

Gray Television (NYSE:GTN) Has No Shortage Of Debt

Jan 24
Gray Television (NYSE:GTN) Has No Shortage Of Debt

Gray Television: Undervalued But Faces Significant Debt Overhang And Industry Headwinds

Jan 11

Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Dec 13
Gray Television (NYSE:GTN) Has Affirmed Its Dividend Of $0.08

Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Nov 11
Gray Television (NYSE:GTN) Has Announced A Dividend Of $0.08

Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Nov 03
Does This Valuation Of Gray Television, Inc. (NYSE:GTN) Imply Investors Are Overpaying?

Gray Television: Deep Value Or Value Trap?

Nov 01

Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Sep 27
Is It Too Late To Consider Buying Gray Television, Inc. (NYSE:GTN)?

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Sep 04
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Gray Television Can Unlock A Lot Of Shareholder Value By Simply Paying Down Its Debt

Aug 22

Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Aug 21
Gray Television (NYSE:GTN) Is Paying Out A Dividend Of $0.08

Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Aug 07
Gray Television (NYSE:GTN) Is Due To Pay A Dividend Of $0.08

Shareholder Returns

GTNUS MediaUS Market
7D7.4%-2.4%-2.6%
1Y-62.2%-1.3%24.5%

Return vs Industry: GTN underperformed the US Media industry which returned -1.3% over the past year.

Return vs Market: GTN underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is GTN's price volatile compared to industry and market?
GTN volatility
GTN Average Weekly Movement10.4%
Media Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: GTN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GTN's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18919,649Hilton Howellwww.gray.tv

Gray Television, 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, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets. It owns and operates television stations and digital assets that serve television markets in the United States.

Gray Media, Inc. Fundamentals Summary

How do Gray Media's earnings and revenue compare to its market cap?
GTN fundamental statistics
Market capUS$330.18m
Earnings (TTM)US$145.00m
Revenue (TTM)US$3.46b

2.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTN income statement (TTM)
RevenueUS$3.46b
Cost of RevenueUS$2.41b
Gross ProfitUS$1.06b
Other ExpensesUS$912.00m
EarningsUS$145.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.52
Gross Margin30.52%
Net Profit Margin4.19%
Debt/Equity Ratio212.0%

How did GTN perform over the long term?

See historical performance and comparison

Dividends

9.6%

Current Dividend Yield

21%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:01
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gray Media, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James GossBarrington Research Associates, Inc.
Daniel KurnosBenchmark Company
Barry LucasG. Research, LLC