Gray Media (GTN) Stock Price

Gray Media Price

NYSE·CLOSED
4.28USD-0.04 (-0.93 %)
Market closed

Over the last 19 years Gray Media grew revenue by 12.5% annually, reaching 3.10 B USD. Earnings per share have grown at 16.5% per year over the last 18 years. For Gray Media, the net margin of -2.7% is down versus 3.7% a few years ago. At today's price the dividend yield works out to roughly 7.48%. The dividend has grown at 5.3% per year over the past 19 years. The consensus 12-month price target for Gray Media is 6.63 USD, about 54.9% above where the stock trades today. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 20% above its 52-week low.

Gray Media stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Gray Media 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 Gray Media 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 Gray Media's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Gray Media Stock Price History
DateGray Media Price
8/6/20264.28 USD
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8/8/20254.17 USD
Access this data via the Eulerpool API

Gray Media Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
3.68 B USD
990.00 M USD
455.00 M USD
Jan 1, 2023
3.28 B USD
383.00 M USD
-76.00 M USD
Jan 1, 2024
3.64 B USD
851.00 M USD
375.00 M USD
Jan 1, 2025
3.10 B USD
392.00 M USD
-85.00 M USD
Jan 1, 2026 (e)
3.48 B USD
640.36 M USD
185.86 M USD
Jan 1, 2027 (e)
3.09 B USD
567.95 M USD
-90.62 M USD
Jan 1, 2028 (e)
3.58 B USD
658.44 M USD
248.64 M USD
Jan 1, 2029 (e)
3.15 B USD
579.91 M USD
-85.44 M USD

Gray Media Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 10:20 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.510.600.810.881.082.122.382.413.683.283.643.103.483.093.583.15
46.8217.5236.018.6222.9095.7612.211.3452.34-10.7511.06-15.0712.41-11.3015.91-11.91
43.7037.3541.5036.8544.9334.0741.5433.2838.8527.3734.1496.6496.6496.6496.6496.64
0.220.220.340.330.490.720.990.801.430.901.242.993.362.983.463.05
153.00140.00234.00291.00388.00478.00752.00381.00990.00383.00851.00392.00640.00567.00658.00579.00
30.1223.4528.8232.9935.7922.5331.5815.7926.9311.6723.3512.6718.4018.3718.4018.38
48.0039.0062.00261.00210.00179.00410.0090.00455.00-76.00375.00-85.00185.00-90.00248.00-85.00
166.67-18.7558.97320.97-19.54-14.76129.05-78.05405.56-116.70-593.42-122.67-317.65-148.65-375.56-134.27
0.320.320.320.320.320.320.380.46
18.7521.05
58.4772.4472.8977.8388.69100.0095.0095.0092.0093.0098.0097.0097.0097.0097.0097.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Gray Media 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 Gray Media 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 Gray Media'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 Gray Media 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 Gray Media'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.

Gray Media stock margins

The Gray Media margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Gray Media. 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 Gray Media.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
33.28 %
15.79 %
3.73 %
Jan 1, 2022
38.85 %
26.93 %
12.38 %
Jan 1, 2023
27.37 %
11.67 %
-2.32 %
Jan 1, 2024
34.14 %
23.35 %
10.29 %
Jan 1, 2025
96.64 %
12.67 %
-2.75 %
Jan 1, 2026 (e)
96.64 %
18.40 %
5.34 %
Jan 1, 2027 (e)
96.64 %
18.40 %
-2.94 %
Jan 1, 2028 (e)
96.64 %
18.40 %
6.95 %

Gray Media Stock Revenue, EBIT, Earnings per Share

The Gray Media earnings per share therefore indicates how much revenue Gray Media 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.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
25.40 USD
4.01 USD
0.95 USD
Jan 1, 2022
39.96 USD
10.76 USD
4.95 USD
Jan 1, 2023
35.28 USD
4.12 USD
-0.82 USD
Jan 1, 2024
37.18 USD
8.68 USD
3.83 USD
Jan 1, 2025
31.91 USD
4.04 USD
-0.88 USD
Jan 1, 2026 (e)
36.24 USD
6.60 USD
1.94 USD
Jan 1, 2027 (e)
32.15 USD
5.86 USD
-0.94 USD
Jan 1, 2028 (e)
37.27 USD
6.79 USD
2.59 USD

Gray Media business model & stock analysis

Gray Television Inc. is an American media company that operates television stations in the United States and also offers digital media platforms. The company was founded in 1946 by James Harrison Gray and is headquartered in Atlanta, Georgia. Gray Television is known for its regional television stations that focus on local news, sports, and other programs. The company currently owns and operates 101 stations in 57 markets, representing 44 states in the U.S. In addition, Gray Television is present with digital platforms such as Raycom Sports Interactive and PureCars. Gray Television has established itself as a leading media company in the U.S. over the past decades. In addition to expanding through acquisitions of other TV stations and companies, the company has also heavily invested in digital technology. Gray Television's strategic focus is consistently on media consolidation and expanding digital platforms due to the challenging environment of today's media market. Gray Television has been successful in expanding for years through the acquisition of regional television and radio stations. One of Gray Television's most successful acquisitions was the purchase of Raycom Media in 2018. This acquisition made Gray Television one of the largest owners and operators of local TV stations in the U.S. The acquisition also allowed Gray Television to reach a broader audience in many markets and add multiple award-winning journalism teams. Another important feature of Gray's strategy is that the company has focused on developing innovative digital platforms. These platforms include interactive applications with social networks, mobile and video content, and a stronger presence in the digital advertising market. To this end, PureCars was acquired in 2015, which offers comprehensive digital marketing technology and services for car dealers and car marketers. Gray Television has also been involved in attracting foreign media companies to the U.S. These efforts occurred when the U.S. federal government relaxed the guidelines for foreign ownership of television stations. The acquisition of KYTV-TV by a Thai investor in 2013 is one of the more well-known acquisitions in this context. The company has also started offering a fly-on-the-wall service in the form of a subscription. With this access, users can observe Gray Television's studio and experience reports up close. In conclusion, Gray Television Inc. has been successful as a media company for many years. Through the expansion of its national television and radio network and the expansion of digital platforms, Gray Television has shown that the company has capitalized on the opportunities and challenges of the media market and is working to secure its place in the future of television.

Gray Media SWOT Analysis

Strengths

Gray Television Inc has a strong market presence and a significant share in the broadcasting industry.

The company owns and operates multiple television stations, giving it a wide reach and the ability to target various demographics.

Gray Television Inc has a diverse portfolio of broadcast content, including news, entertainment, and sports, catering to different audience interests.

The company has a talented team of professionals and strong partnerships with content providers, allowing for high-quality programming.

Weaknesses

One weakness of Gray Television Inc is its heavy dependence on advertising revenue, which can be volatile and subject to economic cycles.

The company's profitability can be impacted by fluctuations in viewership and advertising rates.

Gray Television Inc may face challenges in keeping up with rapidly changing technology and consumer preferences in the broadcasting industry.

Opportunities

The increasing adoption of online streaming platforms presents an opportunity for Gray Television Inc to expand its digital presence and reach new audiences.

The company can explore partnerships or acquisitions to diversify its revenue streams and enter new markets.

Gray Television Inc can leverage its strong brand and audience trust to develop and launch innovative content formats or services.

Threats

Competition from other broadcast networks and digital media platforms poses a threat to Gray Television Inc's market share and viewership.

Changes in government regulations or policies related to media ownership and broadcasting can impact the company's operations.

Economic downturns or recessions may lead to reduced advertising spending, affecting Gray Television Inc's revenue.

Gray Media Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gray Media Employees
Details
Date
Gray Media Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Gray Media Segments

Gray Media Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Advertising
Core Advertising
Retransmission Consent
Local Advertising
Political Advertising
National Advertising
Production Companies
Service, Other
Details
Date
Advertising
Core Advertising
Retransmission Consent
Local Advertising
Political Advertising
National Advertising
Production Companies
Service, Other
Jan 1, 2019
1.20 B USD
0.00 USD
796.00 M USD
898.00 M USD
68.00 M USD
229.00 M USD
87.00 M USD
44.00 M USD
Jan 1, 2020
1.40 B USD
0.00 USD
867.00 M USD
771.00 M USD
430.00 M USD
198.00 M USD
61.00 M USD
54.00 M USD
Jan 1, 2021
1.23 B USD
0.00 USD
1.05 B USD
934.00 M USD
44.00 M USD
256.00 M USD
73.00 M USD
57.00 M USD
Jan 1, 2022
2.01 B USD
1.50 B USD
1.50 B USD
0.00 USD
515.00 M USD
0.00 USD
93.00 M USD
76.00 M USD
Jan 1, 2023
1.59 B USD
1.51 B USD
1.53 B USD
0.00 USD
79.00 M USD
0.00 USD
86.00 M USD
70.00 M USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
1.49 B USD
1.45 B USD
1.43 B USD
0.00 USD
42.00 M USD
0.00 USD
107.00 M USD
65.00 M USD

Gray Media Revenue by Segment (2/3)

  • Max

Advertising
Core Advertising
Retransmission Consent
Political Advertising
Production Companies
Service, Other
Details
Date
Advertising
Core Advertising
Retransmission Consent
Political Advertising
Production Companies
Service, Other
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
1.99 B USD
1.49 B USD
1.48 B USD
497.00 M USD
105.00 M USD
70.00 M USD
Jan 1, 2025
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Gray Media Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • Max

Broadcasting, Segment
Production Companies, Segment
Other Operating Segment
Details
Date
Broadcasting, Segment
Production Companies, Segment
Other Operating Segment
Jan 1, 2019
2.04 B USD
87.00 M USD
0.00 USD
Jan 1, 2020
2.32 B USD
61.00 M USD
0.00 USD
Jan 1, 2021
2.34 B USD
73.00 M USD
0.00 USD
Jan 1, 2022
3.58 B USD
93.00 M USD
0.00 USD
Jan 1, 2023
3.20 B USD
86.00 M USD
0.00 USD
Jan 1, 2024
3.54 B USD
105.00 M USD
0.00 USD
Jan 1, 2025
2.99 B USD
107.00 M USD
0.00 USD

Gray Media 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.

Gray Media historical P/E ratio, EBIT multiple, and P/S ratio

Gray Media 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.

Gray Media shares outstanding

The number of shares of Gray Media was 97 M in 2025. This indicates how many shares Gray Media is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
95.00 M Stocks
Jan 1, 2022
92.00 M Stocks
Jan 1, 2023
93.00 M Stocks
Jan 1, 2024
98.00 M Stocks
Jan 1, 2025
97.00 M Stocks
Jan 1, 2026 (e)
97.00 M Stocks
Jan 1, 2027 (e)
97.00 M Stocks
Jan 1, 2028 (e)
97.00 M Stocks

Gray Media Dividend History

13 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.16USDYTD
Mar 13, 20260.08USD 0.0%1/2
Jun 15, 20260.08USD 0.0%2/2
20250.32USD 0.0%
Mar 14, 20250.08USD 0.0%1/4
Jun 13, 20250.08USD 0.0%2/4
Sep 15, 20250.08USD 0.0%3/4
Dec 15, 20250.08USD 0.0%4/4
20240.32USD 0.0%
20230.32USD 0.0%
20220.32USD 0.0%
20210.32USD 255.6%
20080.09USD 25.0%
20070.12USD 0.0%
20060.12USD 0.0%
20050.12USD 0.0%

Gray Media dividend history and estimates

In 2025, Gray Media paid a dividend amounting to 0.32 USD. Dividend means that Gray Media distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.32 USD
0.00 USD
Jan 1, 2022
0.32 USD
0.00 USD
Jan 1, 2023
0.32 USD
0.00 USD
Jan 1, 2024
0.32 USD
0.00 USD
Jan 1, 2025
0.32 USD
0.00 USD
Jan 1, 2026 (e)
0.16 USD
0.16 USD
Jan 1, 2027 (e)
0.00 USD
0.38 USD
Jan 1, 2028 (e)
0.00 USD
0.46 USD

Gray Media dividend payout ratio

In 2025, Gray Media had a payout ratio of -36.52%. The payout ratio indicates the percentage of the company's profits that Gray Media distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
33.78 %
Jan 1, 2022
6.47 %
Jan 1, 2023
-39.16 %
Jan 1, 2024
8.36 %
Jan 1, 2025
-36.52 %
Jan 1, 2026 (e)
16.53 %
Jan 1, 2027 (e)
10.45 %
Jan 1, 2028 (e)
17.79 %

Current Gray Media forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
66.67 % (6)
Hold
22.22 % (2)
Sell
11.11 % (1)
12M Price Target
6.63
Last Price
4.28
Currency
USD
12M Return Potential
54.91 %
LTM Return
0 %

Gray Media Analyst Rating Actions

DateFirmActionRatingReliability
5/15/2026
Guggenheim
Guggenheim
MaintainedBuy30
4/28/2026
Barrington Research
Barrington Research
MaintainedOutperform
3/4/2026
Guggenheim
Guggenheim
MaintainedBuy30
3/3/2026
Barrington Research
Barrington Research
MaintainedOutperform
3/2/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
2/27/2026
Benchmark
Benchmark
MaintainedBuy71
11/10/2025
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
11/10/2025
Benchmark
Benchmark
MaintainedBuy71
9/23/2025
Barrington Research
Barrington Research
MaintainedOutperform
8/14/2025
Guggenheim
Guggenheim
MaintainedBuy30

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Gray Media Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/7/2026-0.11USD-802.07 MUSD-2026 Q2
5/7/2026-0.27USD-766.35 MUSD-2026 Q1
2/26/2026-0.33USD-787.80 MUSD-2025 Q4
8/8/2025-0.36USD-773.98 MUSD-2025 Q2
11/8/20240.93USD-978.56 MUSD-2024 Q3
5/3/20240.14USD-887.76 MUSD-2024 Q1
2/22/2024-0.16USD-871.22 MUSD-2023 Q4
8/3/20230.12USD-795.36 MUSD-2023 Q2
5/4/2023-0.03USD-812.01 MUSD-2023 Q1
2/23/20231.75USD-1.07 BUSD-2022 Q4
...

EESG©

Eulerpool ESG Scorecard© for the Gray Media stock

55/100
44
Environment
92
Social
28
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees43
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees19
Black Management Share12
Percentage of white employees77
White Management Share88
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Gray Media shareholder structure

% Name
6.96693%
The Capital Management Corporation
The Capital Management Corporation
6.41681%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.84878%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.09205%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
4.29870%
The Retirement Systems of Alabama
The Retirement Systems of Alabama
3.79980%
Miller Value Partners, LLC
Miller Value Partners, LLC
...

Gray Media Beneficial Ownership Filings (SEC 13D/G)

Free Float
87.9%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
15.30%
Atlantic American Corporation
Atlantic American Corporation
SEC ↗
14.25%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
12.80%
ATLANTIC AMERICAN CORP581027114
ATLANTIC AMERICAN CORP581027114
SEC ↗
8.80%
Manoj Bhargava
Manoj Bhargava
SEC ↗
8.10%
Harvey Sandler
Harvey Sandler
SEC ↗
8.00%
Harvey Sandler Revocable Trust
Harvey Sandler Revocable Trust
SEC ↗
7.60%
Retirement Systems of Alabama
Retirement Systems of Alabama
SEC ↗
7.20%
30-0447847
30-0447847
SEC ↗
7.15%
FMR LLC
FMR LLC
SEC ↗
7.15%
Abigail P. Johnson
Abigail P. Johnson
SEC ↗

Gray Media Executives and Management Board

14 members · avg. age 63 · 21 % women

HH

Mr. Hilton Howell (63)

Executive Chairman of the Board, Chief Executive Officer · since 1993

10.94 M USD

Management

DL

Mr. Donald Laplatney (65)

President, Co-Chief Executive Officer, Director · since 2019

5.97 M USD
JG

Mr. Jeffrey Gignac (49)

Chief Financial Officer, Executive Vice President

4.88 M USD
KL

Mr. Kevin Latek (54)

Executive Vice President, Chief Legal and Development Officer, Secretary

4.21 M USD
SM

Ms. Sandra Mcnamara (62)

Chief Operating Officer, Executive Vice President

3.68 M USD
GC

Mr. Greg Connor

General Manager - WRDW (CBS) and WAGT (NBC)

Board of Directors

HN

Mr. Howell Newton (78)

Lead Independent Director

344,063.00 USD
RB

Mr. Richard Boger (78)

Independent Director

303,125.00 USD
RH

Mr. Richard Hare (58)

Independent Director

288,125.00 USD
LG

Mr. Luis Garcia (58)

Independent Director

264,688.00 USD
PM

Mr. Paul Mctear (76)

Independent Director

264,688.00 USD
LM

Ms. Lorraine Mcclain (60)

Independent Director

262,500.00 USD

Frequently asked questions about Gray Media

Gray Television Inc. operates as a broadcasting company with a diversified business model. The company owns and operates numerous television stations across the United States, providing news, entertainment, and other programming to local communities. Gray Television focuses on serving smaller and mid-sized markets, where it can establish a strong presence and engage with local viewers. Through its stations, Gray Television generates revenue mainly from advertising sales and retransmission fees. By delivering relevant and high-quality content through its network of television stations, Gray Television Inc. remains committed to informing and entertaining audiences while driving advertising opportunities and building strong community connections.

Gray Television Inc is primarily active in the media industry.

The main competitors of Gray Television Inc in the market include companies such as Nexstar Media Group Inc, Sinclair Broadcast Group Inc, and Tribune Media Company.

Gray Television Inc. is a prominent media company with a rich history and background. Founded in 1946, Gray Television has established itself as a leading broadcasting corporation in the United States. The company operates a diverse portfolio of television stations across more than 100 markets, catering to millions of viewers nationwide. Over the years, Gray Television has built a strong reputation for delivering high-quality news, entertainment, and sports programming. With an unwavering commitment to excellence, Gray Television continues to innovate and adapt in the ever-evolving media landscape, solidifying its position as a trusted source of information and entertainment for audiences across the country.

Gray Television Inc has achieved several significant milestones. One notable accomplishment was the company's expansion into high-growth markets, increasing their reach and viewership across the United States. Additionally, Gray Television has successfully acquired several television stations, strengthening their market presence and increasing their competitive advantage. The company's commitment to innovation and quality programming has also led to numerous awards and accolades within the industry. Gray Television Inc continues to demonstrate a strong track record of growth and success, solidifying its position as a leading player in the television broadcasting industry.

Gray Television Inc is primarily present in the United States.

Gray Television Inc represents values such as excellence, integrity, and community engagement. With a strong corporate philosophy centered around delivering quality content, Gray Television Inc strives to inform, inspire, and entertain its audience. The company's commitment to journalistic integrity and responsible reporting sets them apart in the industry. Through their dedication to local communities, Gray Television Inc fosters meaningful connections and makes a positive impact. As a reliable and trusted source for news and entertainment, Gray Television Inc continues to prioritize their mission of serving the needs of viewers and advertisers while maintaining high ethical standards.

Analysts currently set an average price target of 6.53 USD for the Gray Media stock (median: 6.63 USD), implying +52.5 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Gray Media stock: 6 recommend buying, 2 holding and 1 selling. For 2026, analysts expect Gray Media to generate revenue of 3.48 B USD and earnings per share of 1.92 USD.

Converted at the current exchange rate, the Gray Media share trades at 3.71 EUR (4.28 USD).

The Gray Media share (GTN) is listed on 4 stock exchanges, including: NYSE (GTN-A), Frankfurt (GCZB.F), München (GCZB.MU), SIX (Zürich) (GCZB.SW).

Gray Television Inc. is an American media company that operates in over 90 markets in the United States. The company operates local television stations, cable networks, and online platforms, offering a wide range of news, entertainment, and local content. The television stations owned by Gray Television are primarily ABC, CBS, and NBC network affiliates that produce local news, weather, sports, and entertainment programs. The company also operates several independent television stations, including the MeTV and CW networks, which broadcast classic TV shows and series as well as new shows. Another business area for Gray Television is cable networks, which provide local and regional programming in niche markets. The company operates over 50 cable networks offering sports, news, and entertainment programs, reaching millions of households in the United States. In addition, Gray Television also offers online platforms to expand the reach and audience of its television stations and cable networks. Gray Television's website provides news articles, weather reports, sports coverage, and a video section featuring local news and advertising content. The website also utilizes social media platforms such as Facebook, Twitter, and Instagram to distribute its content and reach its target audiences. Gray Television also pursues a diversification strategy by expanding into other business fields. For example, the company acquired a majority stake in Raycom Sports, a company that broadcasts and produces college sports events in the United States. Through this investment, Gray Television is able to offer live sports events and related content to expand its audience and generate various sources of revenue. Another example of Gray Television's diversification is the acquisition of Louisiana News Network, a company that operates a group of radio and television stations in Louisiana. This acquisition allows Gray Television to strengthen its presence in Louisiana and expand its reach into a new market segment. In summary, Gray Television's business model is a comprehensive approach to local, regional, and national content, encompassing traditional television stations, cable networks, and online platforms. The company aims to expand its audience by expanding into other business areas and remains attractive to advertisers and sponsors through its reach and diversity of content.

The expected revenue of Gray Media is 3.48 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Gray Media is 185.86 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Gray Media is currently 2.23. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Gray Media stock.

The price-to-sales ratio (P/S) of Gray Media is currently 0.12. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Gray Media stock.

The Eulerpool Quality Score for Gray Media is 3/10.

The ISIN of Gray Media is US3893751061. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Gray Media is 902961. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Gray Media is GTN. The ticker symbol is used to trade Gray Media shares on the stock exchange.

Over the past 12 months, Gray Media paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 7.48 %. For the coming 12 months, Gray Media is expected to pay a dividend of 0.38 USD.

The current dividend yield of Gray Media is 7.48 %.

Gray Media pays a dividend, distributed in the months of , , , .

Gray Media paid dividends every year for the past 5 years.

For the upcoming 12 months, dividends amounting to 0.38 USD are expected. This corresponds to a dividend yield of 8.89 %.

Gray Media is assigned to the 'Communication' sector.

In the year 2025, Gray Media distributed 0.32 USD as dividends.

The dividends of Gray Media are distributed in USD.

All fundamentals and in-depth analysis of Gray Media

Our stock analysis for Gray Media 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 Gray Media. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.