Granite Broadcasting (GRRP) Stock Price

Granite Broadcasting Price

NYSE·CLOSED
0.00USD+0.00 (+0.00 %)
Market closed

Revenue has compounded at 13.3% per year over the past 16 years to 86.16 M USD. Granite Broadcasting's net margin stands at -115.3%, down from -96.7% several years earlier. The stock trades about 1,000% above its 52-week low.

Granite Broadcasting stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Granite Broadcasting over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Granite Broadcasting stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Granite Broadcasting's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Granite Broadcasting Stock Price History
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Access this data via the Eulerpool API

Granite Broadcasting Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 1998
161.10 M USD
37.80 M USD
16.90 M USD
Jan 1, 1999
149.80 M USD
15.10 M USD
19.90 M USD
Jan 1, 2000
140.10 M USD
-7.60 M USD
-56.30 M USD
Jan 1, 2001
113.08 M USD
-47.27 M USD
-109.31 M USD
Jan 1, 2002
135.34 M USD
-7.53 M USD
-80.75 M USD
Jan 1, 2003
73.33 M USD
6,000.00 USD
-59.90 M USD
Jan 1, 2004
80.50 M USD
-2.23 M USD
-83.29 M USD
Jan 1, 2005
86.16 M USD
5.67 M USD
-99.38 M USD

Granite Broadcasting Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 14, 2026, 12:38 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
1990199119921993199419951996199719981999200020012002200320042005
34.0033.0036.0037.0062.0099.00129.00153.00161.00149.00140.00113.00135.0073.0080.0086.00
209.09-2.949.092.7867.5759.6830.3018.605.23-7.45-6.04-19.2919.47-45.939.597.50
41.1839.3938.8937.8440.3244.4444.1945.1044.1038.2626.43-2.6522.9654.7958.7559.30
14.0013.0014.0014.0025.0044.0057.0069.0071.0057.0037.00-3.0031.0040.0047.0051.00
6.005.006.007.0014.0028.0035.0042.0037.0015.00-7.00-47.00-7.00-2.005.00
17.6515.1516.6718.9222.5828.2827.1327.4522.9810.07-5.00-41.59-5.19-2.505.81
-8.00-8.00-10.00-5.00-4.00-12.00-31.0016.0019.00-56.00-109.00-80.00-59.00-83.00-99.00
60.0025.00-50.00200.00158.33-151.6118.75-394.7494.64-26.61-26.2540.6819.28
0.300.404.004.404.505.908.608.8017.0019.0018.2018.5719.1018.9919.3719.56
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Granite Broadcasting generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Granite Broadcasting retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Granite Broadcasting's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Granite Broadcasting has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Granite Broadcasting's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Granite Broadcasting stock margins

The Granite Broadcasting margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Granite Broadcasting. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Granite Broadcasting.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 1998
44.26 %
23.46 %
10.49 %
Jan 1, 1999
38.05 %
10.08 %
13.28 %
Jan 1, 2000
26.70 %
-5.42 %
-40.19 %
Jan 1, 2001
-2.92 %
-41.81 %
-96.67 %
Jan 1, 2002
23.19 %
-5.56 %
-59.66 %
Jan 1, 2003
55.56 %
0.01 %
-81.68 %
Jan 1, 2004
59.08 %
-2.77 %
-103.47 %
Jan 1, 2005
59.51 %
6.58 %
-115.35 %

Granite Broadcasting Stock Revenue, EBIT, Earnings per Share

The Granite Broadcasting earnings per share therefore indicates how much revenue Granite Broadcasting has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 1998
9.48 USD
2.22 USD
0.99 USD
Jan 1, 1999
7.88 USD
0.79 USD
1.05 USD
Jan 1, 2000
7.70 USD
-0.42 USD
-3.09 USD
Jan 1, 2001
6.09 USD
-2.55 USD
-5.89 USD
Jan 1, 2002
7.09 USD
-0.39 USD
-4.23 USD
Jan 1, 2003
3.86 USD
0.00 USD
-3.15 USD
Jan 1, 2004
4.16 USD
-0.12 USD
-4.30 USD
Jan 1, 2005
4.41 USD
0.29 USD
-5.08 USD

Granite Broadcasting business model & stock analysis

The Granite Broadcasting Corporation is a media company that was founded in 1988 by Stuart Beck and W. Don Cornwell. The company is based in New York City and specializes in operating television and radio stations in the United States. Its business model involves serving local TV markets through the acquisition and operation of television and radio stations. The company focuses on medium-sized cities and markets that have a sustainable audience base often overlooked by national broadcasters. In the two decades since its founding, Granite Broadcasting has specialized in broadcasting news, sports, and entertainment. The company operates various television and radio stations across the country and offers a wide range of services to its customers. Some of the services provided by Granite Broadcasting include live broadcasts, production of original programs, local and national news, and sports coverage. The company is committed to providing its customers with top-notch service and constantly integrating new technologies into its operations. Granite currently has stations in seven markets, including New York, Chicago, and San Francisco, reaching approximately 6.5 million viewers per week. Overall, the company operates 17 local affiliates, including of major national networks such as NBC, ABC, and CBS. One of the main sectors is Granite's news business, with a variety of daily local news programs in its markets. These programs inform local people about regional and national topics, covering everything from politics to local entertainment. Granite also operates the national digital news platform Newsy, which provides its audience with a comprehensive range of news and informational content. In addition to news, Granite also offers entertainment content such as sitcoms, comedy shows, and sports programs, specifically focusing on engaging the local community. Overall, Granite Broadcasting has proven over the years that it has a strong business model based on serving local markets. With a focus on high-quality content that appeals to local viewers, the company has secured its place in the competitive media market.

Granite Broadcasting SWOT Analysis

Strengths

Granite Broadcasting Corp has a strong market presence and brand recognition in the broadcasting industry. The company has a solid portfolio of television stations in key markets, which allows for a wide audience reach. The experienced management team brings valuable expertise and industry knowledge, providing a competitive advantage.

Granite Broadcasting Corp benefits from strong relationships with content providers and advertisers, enabling them to negotiate favorable contracts and access high-quality programming. The company also possesses strong financial resources and a history of profitability, which supports continued growth and expansion opportunities.

Weaknesses

One of the weaknesses of Granite Broadcasting Corp is its heavy dependence on advertising revenue. Fluctuations in the advertising market can significantly impact the company's financial performance. Additionally, the company may face challenges in retaining and attracting top talent due to intense competition within the industry.

Another weakness is the limited geographical coverage compared to some of its competitors. This restricts the potential audience reach and may limit the company's ability to fully capitalize on market opportunities in certain regions.

Opportunities

There are several opportunities for Granite Broadcasting Corp to explore. The increasing popularity of online streaming and digital platforms presents an opportunity for the company to expand its reach and diversify revenue streams. By leveraging technological advancements, the company can adapt to changing consumer preferences and engage with a broader audience.

Granite Broadcasting Corp can also explore strategic partnerships or acquisitions to expand its market presence and gain access to new content or distribution channels. By investing in content development and licensing agreements, the company can strengthen its programming offerings and attract a larger viewer base.

Threats

The broadcasting industry faces intense competition from traditional television networks, online streaming services, and other digital platforms. This poses a significant threat to Granite Broadcasting Corp's market share and revenue, as consumers have various options for entertainment and information consumption.

Another threat is the potential for regulatory changes or restrictions that may impact the company's operations and profitability. Changes in advertising regulations or limitations on content distribution could significantly affect Granite Broadcasting Corp's ability to generate revenue.

Granite Broadcasting Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Granite Broadcasting historical P/E ratio, EBIT multiple, and P/S ratio

Granite Broadcasting annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Granite Broadcasting shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 1998
17.00 M Stocks
Jan 1, 1999
19.00 M Stocks
Jan 1, 2000
18.20 M Stocks
Jan 1, 2001
18.57 M Stocks
Jan 1, 2002
19.10 M Stocks
Jan 1, 2003
18.99 M Stocks
Jan 1, 2004
19.37 M Stocks
Jan 1, 2005
19.56 M Stocks

Granite Broadcasting Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20151.88USD
Price targets and forecasts for Granite Broadcasting are not yet available.

Granite Broadcasting Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
11/10/2004-0.81USD--USD-2004 Q3
8/6/2004-0.77USD-29.64 MUSD-2004 Q2
4/27/2004-0.78USD-25.68 MUSD-2004 Q1
3/2/2004-0.69USD-29.74 MUSD-2003 Q4
11/11/2003-0.76USD-25.68 MUSD-2003 Q3
8/6/2003-0.73USD-29.03 MUSD-2003 Q2
4/28/2003-0.81USD-24.97 MUSD-2003 Q1
11/8/2002-0.65USD-26.39 MUSD-2002 Q3
8/1/2002-0.72USD-32.78 MUSD-2002 Q2
5/15/2002-USD-43.24 MUSD-2002 Q1

Granite Broadcasting shareholder structure

% Name
0.00000%
Huntington Private Financial Group
Huntington Private Financial Group

Granite Broadcasting Executives and Management Board

18 members · avg. age 63 · 17 % women

WC

Mr. Wyllie Don Cornwell (72)

Chairman of the Board, Chief Executive Officer · since 1988

1.06 M USD

Management

JD

Mr. John Deushane (49)

Chief Operating Officer · since 2003

557,100.00 USD
LW

Mr. Lawrence Wills (51)

Chief Financial Officer, Senior Vice President · since 2004

477,100.00 USD
RS

Robert Selwyn (68)

Senior Operating Advisor of the Company · since 2006

399,725.00 USD
EM

Ellen McClain (43)

Chief Financial Officer, Senior Vice President · since 2001

183,000.00 USD

Board of Directors

SB

Stuart Beck (64)

Director · since 2004

1.52 M USD
MB

Martin Beck (92)

Director · since 1988

1.24 M USD
KA

Kirk Aubry (50)

Director · since 2005

MB

M. Fred Brown (66)

Director · since 1999

ED

Mr. Eugene Davis (65)

Director · since 2005

ED

Edward Dugger (63)

Director · since 1988

Frequently asked questions about Granite Broadcasting

Granite Broadcasting Corp operates as a media company, specializing in the broadcast of television programming. The company owns and operates television stations across various markets in the United States. Granite Broadcasting Corp generates revenue primarily through advertising sales and retransmission fees. By providing local news, sports, and entertainment content to viewers, the company aims to reach a wide audience and attract advertisers. As a leading media player, Granite Broadcasting Corp focuses on delivering high-quality programming to its viewers while creating advertising opportunities for businesses.

Granite Broadcasting Corp primarily operates in the broadcasting industry.

The main competitors of Granite Broadcasting Corp in the market include major media companies such as Tribune Media Company, Sinclair Broadcast Group, and Nexstar Media Group.

Granite Broadcasting Corp is a well-established media company founded in 1988. Headquartered in New York, the company owns and operates various television stations across the United States. Granite Broadcasting Corp has a strong history in the broadcasting industry, with a focus on delivering quality news, entertainment, and programming to its viewers. Over the years, the company has built a reputation for its commitment to local communities and providing diverse content tailored to each market served. With its extensive experience and presence in the media market, Granite Broadcasting Corp continues to thrive and deliver exceptional content to audiences nationwide.

Granite Broadcasting Corp has achieved several significant milestones throughout its history. One notable achievement occurred in 1994 when the company became the first minority-owned broadcasting group to go public. Additionally, Granite Broadcasting Corp has successfully expanded its presence in the media industry by acquiring and operating television stations across the United States. The company's commitment to delivering high-quality content and innovative programming has allowed it to establish a strong reputation in the broadcasting sector. As a result, Granite Broadcasting Corp has garnered multiple awards and recognitions for its exceptional contributions to the media landscape.

Granite Broadcasting Corp primarily operates in the United States. With a focus on local television broadcasting, Granite Broadcasting Corp has a presence in various regions across the country. The company is known for owning and operating television stations in markets like New York, Illinois, Michigan, California, and more. Being a prominent player in the US broadcasting industry, Granite Broadcasting Corp offers localized programming and news content to viewers in these specific regions, effectively connecting with audiences on a local level.

Granite Broadcasting Corp represents a set of core values and a corporate philosophy that drive its operations. The company focuses on delivering high-quality content, engaging its audience, and fostering strong community connections. Emphasizing innovation and excellence, Granite Broadcasting Corp strives to provide valuable and informative programming to its viewers. By prioritizing integrity, transparency, and accountability, the company aims to build long-term relationships with stakeholders and deliver shareholder value. With a commitment to diversity and inclusion, Granite Broadcasting Corp promotes equal opportunities and upholds ethical business practices. Overall, Granite Broadcasting Corp is dedicated to providing exceptional media experiences while upholding its values and corporate philosophy.

Converted at the current exchange rate, the Granite Broadcasting share trades at 0.00 EUR (0.00 USD).

Granite Broadcasting Corp is a US-based company that specializes in the production of television and radio programs. It was founded in 1988 by Stu Tauber and George Lilly. Today, Granite Broadcasting Corp is a leading provider of information and entertainment-oriented content, offering a variety of products and services to reach its diverse target audiences. The core business of Granite Broadcasting Corp is television. The company operates several local television stations in different regions of the United States. These television stations offer viewers a wide range of programming options such as news, sports, talk shows, series, and movies. Granite Broadcasting Corp uses state-of-the-art technologies to produce and distribute high-quality content in HD quality. Some of the most well-known television stations of Granite Broadcasting Corp include WKBW in Buffalo, KSEE in Fresno, and KBJR in Duluth. Another important business area of Granite Broadcasting Corp is radio. The company operates several radio stations in the US. These radio stations offer listeners a wide range of music, news, talk shows, and local information. With its radio business, Granite Broadcasting Corp targets a broad audience of listeners with various interests and needs. Some of the most well-known radio stations of Granite Broadcasting Corp include WBLS in New York, WTEM in Washington D.C., and KFMB in San Diego. Granite Broadcasting Corp also offers various services. One important service is advertising. The company offers its clients the opportunity to advertise in its television and radio programs, thus presenting their products and services to a wide audience. Granite Broadcasting Corp provides comprehensive advice to place the advertising message optimally and maximize its impact. Another important service is the digital distribution of content. Granite Broadcasting Corp uses state-of-the-art technologies and platforms to distribute its content through various channels such as the internet, mobile devices, and social media networks. As a leading provider of media content, Granite Broadcasting Corp offers a wide range of products. One important area is DVDs and Blu-rays. The company produces and distributes TV series, movies, and documentaries on DVD and Blu-ray, among other things. Granite Broadcasting Corp is also one of the leading providers of digital content, such as music and e-books. The company utilizes state-of-the-art distribution channels like the iTunes Store and Amazon. Overall, Granite Broadcasting Corp is a versatile company specializing in the production and distribution of media content. The company offers a wide range of products and services to provide its customers with a comprehensive offering. With state-of-the-art technology, a broad network of television and radio stations, and a dedicated team of experienced media professionals, Granite Broadcasting Corp is well equipped to continue playing a leading role in the media landscape in the future.

The revenue cannot currently be calculated for Granite Broadcasting.

The profit cannot currently be calculated for Granite Broadcasting.

The P/E ratio cannot be calculated for Granite Broadcasting at the moment.

The P/S cannot be calculated for Granite Broadcasting currently.

The Eulerpool Quality Score for Granite Broadcasting is 1/10.

The ISIN of Granite Broadcasting is US3872418054. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Granite Broadcasting is A0MYAB. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Granite Broadcasting is GRRP. The ticker symbol is used to trade Granite Broadcasting shares on the stock exchange.

Granite Broadcasting paid dividends every year for the past 0 years.

Granite Broadcasting is assigned to the '—' sector.

To receive the latest dividend of Granite Broadcasting from amounting to 1.88 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of Granite Broadcasting are distributed in USD.