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GTN Overview

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$
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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
4.000
Open
3.980
VWAP
3.95
Vol
266.93K
Mkt Cap
413.01M
Low
3.920
Amount
1.05M
EV/EBITDA(TTM)
9.47
Total Shares
102.74M
EV
6.59B
EV/OCF(TTM)
41.73
P/S(TTM)
0.13
Gray Media, Inc. is a multimedia company. The Company owns local television stations and digital assets serving approximately 120 full-power television markets in the United States. The Company's portfolio includes 81 markets with television stations and 103 markets, as well as the Telemundo Affiliate group with 47 markets. The Company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. Its brands include Gray Digital Media, Gray Sports Networks, Local News Live, Assembly, InvestigateTV, Raycom Sports, PowerNation Studios, Tupelo Honey, Gray Washington News Bureau, and Telemundo.
Show More

Events Timeline

(ET)
2026-05-15
11:40:00
Gray Media Completes Asset Swap with E.W. Scripps
select
2026-05-07 (ET)
2026-05-07
06:10:00
Gray Reports Q1 Revenue of $768M, In Line with Expectations
select
2026-05-07
06:10:00
Gray Media Projects 2026 Revenue of $780M-$800M
select
2026-03-23 (ET)
2026-03-23
14:10:00
FCC Approves Gray Television's Acquisition of Three Media Stations
select
link
2026-03-11 (ET)
2026-03-11
13:00:00
Gray Media's TV Stations Dropped by Dish Network
select
2026-02-26 (ET)
2026-02-26
06:20:00
Hilton Howell: Q4 Revenue $792M Exceeds Expectations
select

News

Newsfilter
8.5
06-01Newsfilter
PinnedGray Media Stations Win 93 Regional Edward R. Murrow Awards
  • Significant Awards: Gray Media's 41 local television stations collectively earned 93 Edward R. Murrow Awards, highlighting their excellence in journalism and reinforcing the company's leadership in the local news market.
  • Outstanding Performers: WVUE in New Orleans led with nine awards, followed closely by WMTV in Wisconsin with six, demonstrating the strong impact these stations have in local news reporting.
  • Diverse Honors: The awards included four for Overall Excellence and eleven for Investigative Reporting, indicating Gray Media's ongoing commitment to high-quality journalism, which enhances public trust in their news content.
  • National Competition Opportunity: The regional awards position Gray's winning stations for the national competition, further elevating their brand image and potentially attracting more advertising revenue, thus promoting future business growth.
Yahoo Finance
9.5
05-19Yahoo Finance
Gray Media Rated Among Best Dividend Stocks Amid Target Cut
  • Target Price Cut: Guggenheim analyst Curry Baker lowered Gray Media's (GTN) price target from $8 to $7 while maintaining a Buy rating, reflecting a cautious outlook following the company's Q1 results and guidance.
  • Acquisition Expansion: Gray Media has recently completed the acquisition of television stations in 10 markets from Allen Media Group and expects to finalize remaining transactions with E.W. Scripps and Sagamore Hill in the coming weeks, indicating a proactive approach to market consolidation.
  • Soft Advertising Trends: Co-CEO Patrick LaPlatney noted a softness in core advertising trends as the company enters Q2, primarily influenced by tensions in the Middle East and fluctuations in oil prices, leading clients to delay spending commitments and reducing visibility into near-term advertising demand.
  • Revenue Decline: CFO Jeff Gignac reported a $4 million decline in net retransmission revenue in Q1 2026 compared to the same period last year; however, the company still expects full-year net retransmission revenue growth to remain in the low single-digit range, indicating confidence in future revenue stability.
Newsfilter
5.0
05-18Newsfilter
Gray Media Appoints Jamie Bremer as WFIE General Manager
  • New General Manager: Gray Media has appointed Jamie Bremer as the General Manager of WFIE, the NBC affiliate in Evansville, Indiana, effective immediately, leveraging her 13 years of experience across various roles to enhance leadership at the station.
  • Sales Leadership Achievements: As the Director of Sales at WFIE, Jamie has been instrumental in driving local direct and digital revenue, significantly improving the station's business performance through strategic partnerships and market development initiatives.
  • Community Engagement: Jamie is recognized for her commitment to building authentic relationships within the business community and actively participates in community service, serving as President of the board for Tristate Senior Wishes and coaching several local soccer teams, showcasing her passion and responsibility.
  • Educational Background: A graduate of Oakland City University, Jamie's solid educational foundation combined with her extensive industry experience positions her appointment as a significant step for Gray Media in enhancing the competitiveness of local television stations.
Fool
2.0
05-17Fool
Bill Miller's High-Yield Stock Investments
  • Miller's Investment Strategy: Bill Miller is renowned for his unique deep value investment strategy, having outperformed the S&P 500 for 15 consecutive years, showcasing his exceptional ability to identify overlooked investment opportunities; although his son, Bill Miller IV, now manages the fund, Miller still retains a stake, ensuring the continuity of his investment philosophy.
  • Lincoln National: Lincoln National is the second-largest holding in Miller Value Partners, comprising nearly 8% of total assets; despite trimming its position by about 3% in Q4 2025, the stock has become attractive due to a more than 20% decline year-to-date, currently offering a dividend yield of 5.24% with a payout ratio below 20%, indicating relatively safe dividend potential.
  • Gray Media: As the third-largest holding in Miller Value Partners, Gray Media saw a 12% increase in its stake in Q4 2025; despite its stock price plummeting over 80% from its 2021 peak, its 7.71% high dividend yield continues to attract investors, although its 74% payout ratio raises concerns about sustainability.
  • Quad/Graphics Performance: Quad/Graphics ranks as the fifth-largest holding in Miller Value Partners, with a 4.4% increase in position in Q4 2025; the stock has more than doubled over the past three years, currently offering a 5.5% dividend yield, and after cutting dividends from 2019 to 2024, it has recently begun to increase payouts, indicating improved financial health.
Newsfilter
8.5
05-15Newsfilter
Gray Media Completes Asset Swap with E.W. Scripps Company
  • Completion of Asset Swap: Gray Media has finalized a cash-free asset exchange with E.W. Scripps Company, involving television stations across five mid-sized and small markets, marking the execution of their agreement announced in July 2025.
  • Market Expansion: Gray Media acquired WSYM (Fox) in Lansing, Michigan, and KATC (ABC) in Lafayette, Louisiana, further solidifying its influence in these markets while enhancing its market share in Louisiana.
  • Counterparty Analysis: Scripps acquired KKTV (CBS) in Colorado Springs and several other stations, indicating its strategic intent to strengthen its presence in Colorado and Idaho, thereby enhancing its competitive positioning.
  • Increased Market Coverage: As of May 15, 2026, Gray Media serves 117 full-power television markets, reaching approximately 37% of U.S. television households, further solidifying its status as the largest owner of local television stations and digital assets in the nation.
Newsfilter
5.0
05-13Newsfilter
Gray Media Appoints Joanie Vasiliadis as Senior Vice President for Transformation
  • Executive Appointment: Gray Media announced that Joanie Vasiliadis will join as Senior Vice President for Transformation on June 1, 2026, aiming to accelerate the company's digital transformation and enhance efficiency in content gathering, creation, workflow, and distribution.
  • Extensive Experience: Joanie brings over a decade of experience in driving growth across digital, streaming, and broadcast platforms, having served as Vice President of Content at TEGNA, overseeing content strategy and operations for 64 brands, focusing on newsroom modernization and platform growth.
  • Strategic Leadership: Known for bridging editorial, technology, and business strategy, she has led enterprise-wide operational transformation efforts and developed AI and digital training programs for thousands of journalists, ensuring the company's competitiveness in the digital age.
  • Industry Recognition: Joanie has been named to Forbes 30 Under 30 and Broadcasting & Cable's Digital Dynamos list, showcasing her influence and leadership capabilities within the media industry.
Wall Street analysts forecast GTN stock price to rise
4 Analyst Rating
Wall Street analysts forecast GTN stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
5.50
Averages
7.25
High
10.00
Current: 0.000
sliders
Low
5.50
Averages
7.25
High
10.00
Guggenheim
Curry Baker
Buy
downgrade
$8 -> $7
AI Analysis
2026-05-15
Reason
Guggenheim
Curry Baker
Price Target
$8 -> $7
AI Analysis
2026-05-15
downgrade
Buy
Reason
Guggenheim analyst Curry Baker lowered the firm's price target on Gray Media to $7 from $8 and keeps a Buy rating on the shares. The firm updated its model for the company's Q1 results and guidance.
Guggenheim
Buy
upgrade
$7 -> $8
2026-03-04
Reason
Guggenheim
Price Target
$7 -> $8
2026-03-04
upgrade
Buy
Reason
Guggenheim raised the firm's price target on Gray Media to $8 from $7 and keeps a Buy rating on the shares. The firm updated its model for the company's Q4 results and forward-looking guidance.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for GTN
Unlock Now

Valuation Metrics

The current forward P/E ratio for Gray Media Inc (GTN.N) is 2.23, compared to its 5-year average forward P/E of 7.97. For a more detailed relative valuation and DCF analysis to assess Gray Media Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
7.97
Current PE
2.23
Overvalued PE
25.11
Undervalued PE
-9.16

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.38
Current EV/EBITDA
10.10
Overvalued EV/EBITDA
8.87
Undervalued EV/EBITDA
5.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.30
Current PS
0.14
Overvalued PS
0.52
Undervalued PS
0.09

Financials

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Whales Holding GTN

A
Agency Lending Drp
Holding
GTN
-13.79%
3M Return

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Frequently Asked Questions

What is Gray Media Inc (GTN) stock price today?

The current price of GTN is 3.925 USD — it has decreased -2.36

What is Gray Media Inc (GTN)'s business?

Gray Media, Inc. is a multimedia company. The Company owns local television stations and digital assets serving approximately 120 full-power television markets in the United States. The Company's portfolio includes 81 markets with television stations and 103 markets, as well as the Telemundo Affiliate group with 47 markets. The Company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. Its brands include Gray Digital Media, Gray Sports Networks, Local News Live, Assembly, InvestigateTV, Raycom Sports, PowerNation Studios, Tupelo Honey, Gray Washington News Bureau, and Telemundo.

What is the price predicton of GTN Stock?

Wall Street analysts forecast GTN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GTN is7.25 USD with a low forecast of 5.50 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Gray Media Inc (GTN)'s revenue for the last quarter?

Gray Media Inc revenue for the last quarter amounts to 768.00M USD, decreased -1.79

What is Gray Media Inc (GTN)'s earnings per share (EPS) for the last quarter?

Gray Media Inc. EPS for the last quarter amounts to -0.34 USD, increased 47.83

How many employees does Gray Media Inc (GTN). have?

Gray Media Inc (GTN) has 9165 emplpoyees as of June 03 2026.

What is Gray Media Inc (GTN) market cap?

Today GTN has the market capitalization of 413.01M USD.