gray television - GTN

GTN

Close Chg Chg %
4.82 -0.15 -3.12%

Closed Market

4.67

-0.15 (3.12%)

Volume: 784.64K

Last Updated:

Dec 4, 2025, 3:59 PM EDT

Company Overview: gray television - GTN

GTN Key Data

Open

$4.78

Day Range

4.66 - 4.80

52 Week Range

2.91 - 6.31

Market Cap

$492.06M

Shares Outstanding

102.09M

Public Float

85.64M

Beta

0.91

Rev. Per Employee

N/A

P/E Ratio

11.18

EPS

$0.46

Yield

691.14%

Dividend

$0.08

EX-DIVIDEND DATE

Dec 15, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.20M

 

GTN Performance

1 Week
 
-5.28%
 
1 Month
 
-3.32%
 
3 Months
 
-23.86%
 
1 Year
 
13.66%
 
5 Years
 
-75.00%
 

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 3.64B
Industry Broadcasting Net Income 375.00M
Sector Consumer Services 2024 Sales Growth 11.064%
Fiscal Year-end 12 / 2025 Employees 9,118
View SEC Filings

GTN Valuation

P/E Current 11.178
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 0.936
Price to Sales Ratio 0.083
Price to Book Ratio 0.137
Price to Cash Flow Ratio 0.40
Enterprise Value to EBITDA 5.711
Enterprise Value to Sales 1.787
Total Debt to Enterprise Value 0.874

GTN Efficiency

Revenue/Employee 399,649.046
Income Per Employee 41,127.44
Receivables Turnover 10.624
Total Asset Turnover 0.34

GTN Liquidity

Current Ratio 1.027
Quick Ratio 0.994
Cash Ratio 0.256

GTN Profitability

Gross Margin 26.756
Operating Margin 23.902
Pretax Margin 13.502
Net Margin 10.291
Return on Assets 3.497
Return on Equity 13.504
Return on Total Capital 4.347
Return on Invested Capital 4.303

GTN Capital Structure

Total Debt to Total Equity 194.102
Total Debt to Total Capital 65.998
Total Debt to Total Assets 53.325
Long-Term Debt to Equity 248.051
Long-Term Debt to Total Capital 65.65
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Gray Television - GTN

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
2.41B 3.68B 3.28B 3.64B
Sales Growth
+1.34% +52.34% -10.75% +11.06%
Cost of Goods Sold (COGS) incl D&A
1.83B 2.58B 2.72B 2.67B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
221.00M 336.00M 339.00M 269.00M
Depreciation
104.00M 129.00M 145.00M 144.00M
Amortization of Intangibles
117.00M 207.00M 194.00M 125.00M
COGS Growth
+14.75% +41.03% +5.55% -1.91%
Gross Income
585.00M 1.10B 560.00M 975.00M
Gross Income Growth
-25.76% +87.69% -49.00% +74.11%
Gross Profit Margin
+24.24% +29.87% +17.07% +26.76%
2021 2022 2023 2024 5-year trend
SG&A Expense
88.00M 102.00M 112.00M 104.00M
Research & Development
- - - -
-
Other SG&A
88.00M 102.00M 112.00M 104.00M
SGA Growth
+37.50% +15.91% +9.80% -7.14%
Other Operating Expense
- - - -
-
Unusual Expense
74.00M 26.00M 76.00M (9.00M)
EBIT after Unusual Expense
423.00M 970.00M 372.00M 880.00M
Non Operating Income/Expense
(50.00M) (2.00M) (14.00M) 97.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
205.00M 354.00M 440.00M 485.00M
Interest Expense Growth
+7.33% +72.68% +24.29% +10.23%
Gross Interest Expense
205.00M 354.00M 440.00M 485.00M
Interest Capitalized
- - - -
-
Pretax Income
168.00M 614.00M (82.00M) 492.00M
Pretax Income Growth
-69.12% +265.48% -113.36% +700.00%
Pretax Margin
+6.96% +16.70% -2.50% +13.50%
Income Tax
78.00M 159.00M (6.00M) 117.00M
Income Tax - Current - Domestic
100.00M 179.00M 85.00M 126.00M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(22.00M) (20.00M) (91.00M) (9.00M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
90.00M 455.00M (76.00M) 375.00M
Minority Interest Expense
- - - -
-
Net Income
90.00M 455.00M (76.00M) 375.00M
Net Income Growth
-78.05% +405.56% -116.70% +593.42%
Net Margin Growth
+3.73% +12.38% -2.32% +10.29%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
90.00M 455.00M (76.00M) 375.00M
Preferred Dividends
52.00M 52.00M 52.00M 52.00M
Net Income Available to Common
38.00M 403.00M (128.00M) 323.00M
EPS (Basic)
0.4 4.3804 -1.3913 3.4
EPS (Basic) Growth
-89.27% +995.10% -131.76% +344.38%
Basic Shares Outstanding
95.00M 92.00M 92.00M 95.00M
EPS (Diluted)
0.4 4.3333 -1.3913 3.3646
EPS (Diluted) Growth
-89.16% +983.33% -132.11% +341.83%
Diluted Shares Outstanding
95.00M 93.00M 92.00M 96.00M
EBITDA
718.00M 1.33B 787.00M 1.14B
EBITDA Growth
-22.38% +85.52% -40.92% +44.85%
EBITDA Margin
+29.76% +36.24% +23.99% +31.28%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 6.10
Number of Ratings 5 Current Quarters Estimate -0.242
FY Report Date 12 / 2025 Current Year's Estimate -1.396
Last Quarter’s Earnings -0.24 Median PE on CY Estimate N/A
Year Ago Earnings 3.36 Next Fiscal Year Estimate 2.46
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 5 4 5 5
Mean Estimate -0.24 -0.15 -1.40 2.46
High Estimates -0.05 0.07 -0.97 2.93
Low Estimate -0.39 -0.29 -1.59 2.11
Coefficient of Variance -62.83 -102.48 -17.76 12.04

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 3 4
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
Jun 10, 2025 Jeffrey R. Gignac Executive Vice President, CFO 644,599 Open market or private purchase of non-derivative security Non-derivative transaction at $3.68 per share 2,372,124.32
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