Granite Broadcasting (GRRP) Stock Price
Granite Broadcasting Price
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
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.
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Granite Broadcasting Revenue, EBIT, Net Income
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Granite Broadcasting Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEM USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEM USD |
| EBITM USD |
| EBIT MARGIN% |
| NET INCOMEM USD |
| NET INCOME GROWTH% |
| SHARESM |
| 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34.00 | 33.00 | 36.00 | 37.00 | 62.00 | 99.00 | 129.00 | 153.00 | 161.00 | 149.00 | 140.00 | 113.00 | 135.00 | 73.00 | 80.00 | 86.00 |
| 209.09 | -2.94 | 9.09 | 2.78 | 67.57 | 59.68 | 30.30 | 18.60 | 5.23 | -7.45 | -6.04 | -19.29 | 19.47 | -45.93 | 9.59 | 7.50 |
| 41.18 | 39.39 | 38.89 | 37.84 | 40.32 | 44.44 | 44.19 | 45.10 | 44.10 | 38.26 | 26.43 | -2.65 | 22.96 | 54.79 | 58.75 | 59.30 |
| 14.00 | 13.00 | 14.00 | 14.00 | 25.00 | 44.00 | 57.00 | 69.00 | 71.00 | 57.00 | 37.00 | -3.00 | 31.00 | 40.00 | 47.00 | 51.00 |
| 6.00 | 5.00 | 6.00 | 7.00 | 14.00 | 28.00 | 35.00 | 42.00 | 37.00 | 15.00 | -7.00 | -47.00 | -7.00 | – | -2.00 | 5.00 |
| 17.65 | 15.15 | 16.67 | 18.92 | 22.58 | 28.28 | 27.13 | 27.45 | 22.98 | 10.07 | -5.00 | -41.59 | -5.19 | – | -2.50 | 5.81 |
| -8.00 | -8.00 | -10.00 | -5.00 | – | -4.00 | -12.00 | -31.00 | 16.00 | 19.00 | -56.00 | -109.00 | -80.00 | -59.00 | -83.00 | -99.00 |
| 60.00 | – | 25.00 | -50.00 | – | – | 200.00 | 158.33 | -151.61 | 18.75 | -394.74 | 94.64 | -26.61 | -26.25 | 40.68 | 19.28 |
| 0.30 | 0.40 | 4.00 | 4.40 | 4.50 | 5.90 | 8.60 | 8.80 | 17.00 | 19.00 | 18.20 | 18.57 | 19.10 | 18.99 | 19.37 | 19.56 |
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
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Granite Broadcasting Stock Revenue, EBIT, Earnings per Share
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Granite Broadcasting business model & stock analysis
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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Granite Broadcasting Dividend History
1 years of dividend payments
Granite Broadcasting Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly 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% |
Granite Broadcasting Executives and Management Board
18 members · avg. age 63 · 17 % women
Mr. Wyllie Don Cornwell (72)
Chairman of the Board, Chief Executive Officer · since 1988
1.06 M USD
Management
Mr. John Deushane (49)
Chief Operating Officer · since 2003
Mr. Lawrence Wills (51)
Chief Financial Officer, Senior Vice President · since 2004
Robert Selwyn (68)
Senior Operating Advisor of the Company · since 2006
Ellen McClain (43)
Chief Financial Officer, Senior Vice President · since 2001
Board of Directors
Stuart Beck (64)
Director · since 2004
Martin Beck (92)
Director · since 1988
Kirk Aubry (50)
Director · since 2005
M. Fred Brown (66)
Director · since 1999
Mr. Eugene Davis (65)
Director · since 2005
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.
Granite Broadcasting stock
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All fundamentals and in-depth analysis of Granite Broadcasting
Our stock analysis for Granite Broadcasting stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Granite Broadcasting. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.