gray television - GTN

GTN

Close Chg Chg %
4.68 -0.05 -0.96%

Closed Market

4.64

-0.05 (0.96%)

Volume: 870.95K

Last Updated:

Mar 26, 2026, 3:59 PM EDT

Company Overview: gray television - GTN

GTN Key Data

Open

$4.60

Day Range

4.59 - 4.73

52 Week Range

3.13 - 6.31

Market Cap

$484.63M

Shares Outstanding

103.78M

Public Float

84.31M

Beta

0.86

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.41

Yield

685.22%

Dividend

$0.08

EX-DIVIDEND DATE

Mar 13, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

1.60M

 

GTN Performance

1 Week
 
2.43%
 
1 Month
 
-10.60%
 
3 Months
 
-5.88%
 
1 Year
 
7.66%
 
5 Years
 
-74.45%
 

GTN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About gray television - GTN

Gray Media, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The firm's segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.

GTN At a Glance

Gray Media, Inc.
4370 Peachtree Road NE
Atlanta, Georgia 30319-3000
Phone 1-404-266-8333 Revenue 3.10B
Industry Broadcasting Net Income -85,000,000.00
Sector Consumer Services Employees 9,582
Fiscal Year-end 12 / 2026
View SEC Filings

GTN Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.152
Price to Book Ratio 0.229
Price to Cash Flow Ratio 1.62
Enterprise Value to EBITDA 10.13
Enterprise Value to Sales 2.121
Total Debt to Enterprise Value 0.886

GTN Efficiency

Revenue/Employee 323,001.461
Income Per Employee -8,870.799
Receivables Turnover 14.668
Total Asset Turnover 0.291

GTN Liquidity

Current Ratio 1.271
Quick Ratio 1.238
Cash Ratio 0.713

GTN Profitability

Gross Margin 16.931
Operating Margin 13.279
Pretax Margin -3.651
Net Margin -2.746
Return on Assets -0.798
Return on Equity -2.963
Return on Total Capital -0.986
Return on Invested Capital -0.988

GTN Capital Structure

Total Debt to Total Equity 207.237
Total Debt to Total Capital 67.452
Total Debt to Total Assets 54.70
Long-Term Debt to Equity 269.188
Long-Term Debt to Total Capital 67.313
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Gray Television - GTN

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
3.68B 3.28B 3.64B 3.10B
Sales Growth
+52.34% -10.75% +11.06% -15.07%
Cost of Goods Sold (COGS) incl D&A
2.58B 2.72B 2.67B 2.57B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
336.00M 339.00M 269.00M 237.00M
Depreciation
129.00M 145.00M 144.00M 133.00M
Amortization of Intangibles
207.00M 194.00M 125.00M 104.00M
COGS Growth
+41.03% +5.55% -1.91% -3.67%
Gross Income
1.10B 560.00M 975.00M 524.00M
Gross Income Growth
+87.69% -49.00% +74.11% -46.26%
Gross Profit Margin
+29.87% +17.07% +26.76% +16.93%
2022 2023 2024 2025 5-year trend
SG&A Expense
102.00M 112.00M 104.00M 113.00M
Research & Development
- - - -
-
Other SG&A
102.00M 112.00M 104.00M 113.00M
SGA Growth
+15.91% +9.80% -7.14% +8.65%
Other Operating Expense
- - - -
-
Unusual Expense
26.00M 76.00M (9.00M) 60.00M
EBIT after Unusual Expense
970.00M 372.00M 880.00M 351.00M
Non Operating Income/Expense
(2.00M) (14.00M) 97.00M 10.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
354.00M 440.00M 485.00M 474.00M
Interest Expense Growth
+72.68% +24.29% +10.23% -2.27%
Gross Interest Expense
354.00M 440.00M 485.00M 474.00M
Interest Capitalized
- - - -
-
Pretax Income
614.00M (82.00M) 492.00M (113.00M)
Pretax Income Growth
+265.48% -113.36% +700.00% -122.97%
Pretax Margin
+16.70% -2.50% +13.50% -3.65%
Income Tax
159.00M (6.00M) 117.00M (28.00M)
Income Tax - Current - Domestic
179.00M 85.00M 126.00M 28.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(20.00M) (91.00M) (9.00M) (56.00M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
455.00M (76.00M) 375.00M (85.00M)
Minority Interest Expense
- - - -
-
Net Income
455.00M (76.00M) 375.00M (85.00M)
Net Income Growth
+405.56% -116.70% +593.42% -122.67%
Net Margin Growth
+12.38% -2.32% +10.29% -2.75%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
455.00M (76.00M) 375.00M (85.00M)
Preferred Dividends
52.00M 52.00M 52.00M 52.00M
Net Income Available to Common
403.00M (128.00M) 323.00M (137.00M)
EPS (Basic)
4.3804 -1.3913 3.4 -1.4124
EPS (Basic) Growth
+995.10% -131.76% +344.38% -141.54%
Basic Shares Outstanding
92.00M 92.00M 95.00M 97.00M
EPS (Diluted)
4.3333 -1.3913 3.3646 -1.4124
EPS (Diluted) Growth
+983.33% -132.11% +341.83% -141.98%
Diluted Shares Outstanding
93.00M 92.00M 96.00M 97.00M
EBITDA
1.33B 787.00M 1.14B 648.00M
EBITDA Growth
+85.52% -40.92% +44.85% -43.16%
EBITDA Margin
+36.24% +23.99% +31.28% +20.94%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 6.90
Number of Ratings 5 Current Quarters Estimate -0.218
FY Report Date 03 / 2026 Current Year's Estimate 2.522
Last Quarter’s Earnings -0.24 Median PE on CY Estimate N/A
Year Ago Earnings -1.41 Next Fiscal Year Estimate -0.402
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 5 5 5 5
Mean Estimate -0.22 0.18 2.52 -0.40
High Estimates -0.03 0.52 3.34 0.17
Low Estimate -0.28 -0.08 2.07 -0.87
Coefficient of Variance -48.70 126.15 19.62 -92.31

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 3
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Gray Television - GTN

Date Name Shares Transaction Value
Mar 5, 2026 Donald Patrick LaPlatney President and Co-CEO; Director 1,632,678 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Donald Patrick LaPlatney President and Co-CEO; Director 1,452,065 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.19 per share 7,536,217.35
Mar 5, 2026 Kevin P. Latek EVP Chief L & D Officer 912,698 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Kevin P. Latek EVP Chief L & D Officer 606,677 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.19 per share 3,148,653.63
Mar 5, 2026 Sandra Breland Mcnamara Executive Vice President, COO 801,645 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Sandra Breland Mcnamara Executive Vice President, COO 676,820 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.19 per share 3,512,695.80
Mar 5, 2026 Jeffrey R. Gignac Executive Vice President, CFO 813,891 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $5.19 per share 4,224,094.29
Apr 4, 2025 Jackson S. Cowart Chief Accounting Officer 14,477 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.76 per share 54,433.52
Apr 4, 2025 Jackson S. Cowart Chief Accounting Officer 28,682 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $3.76 per share 107,844.32

Gray Television in the News