Gray Media(NYSE) GTN

Current Price$3.96

Market Cap$406.85M

Since IPO (1996)-56%

5 Year-77%

1 Year-18%

1 Month+0%

Gray Media last closing stock price
Metric	Price	Date
Last close	USD 3.96	2026-07-24

Gray Media stock price return by period
Period	Price return	Price at period start	Period start date
1 week	+0%	USD 3.96	2026-07-17
1 month	+0.25%	USD 3.95	2026-06-24
3 month	-27.81%	USD 5.49	2026-04-24
Year to date	-15.07%	USD 4.66	2025-12-31
1 year	-17.69%	USD 4.81	2025-07-24
3 year	-45.45%	USD 7.26	2023-07-25
5 year	-76.79%	USD 17.06	2021-07-23
Since inception	-55.69%	USD 8.94	1996-09-24

Gray Media Financials at a Glance

Market Cap

$406.85M

Revenue (TTM)

$3.08B

Net Income (TTM)

-$96.00M

EPS (TTM)

-$1.53

P/E Ratio

-2.60

Dividend

$0.32

Beta (Volatility)

1.09 (Average)

Dividend

$0.32

Beta (Volatility)

1.09 (Average)

Price

$3.96

Volume

1,419

Open

$3.88

Price

$3.96

Volume

1,419

Open

$3.88

Previous Close

$3.96

Daily Range

$3.88 - $4.06

52-Week Range

$3.50 - $6.44

Estimated Earnings Date

Aug 7, 2026

Dividend

$0.32

Beta (Volatility)

1.09 (Average)

Price

$3.96

Volume

1,419

Open

$3.88

Previous Close

$3.96

Daily Range

$3.88 - $4.06

52-Week Range

$3.50 - $6.44

Estimated Earnings Date

Aug 7, 2026

GTN News

Gray Television Shares Pop 14% Thursday Morning After Election Cycle Drives Record Quarterly Revenue

Daniel MillerFeb 28, 2019

Why Campbell Soup, Gray Television, and Boardwalk Pipeline Partners Jumped Today

Dan CaplingerJun 25, 2018

Page 1

GTN: Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Gray Media

Gray helps people stay informed by broadcasting local news and entertainment through television stations. Its channels provide weather updates, sports, and popular network shows directly to homes and mobile devices. The company serves local communities while helping advertisers reach specific regional audiences.

What Gray Brings to Screens

Local Television Stations: Broadcasts primary channels affiliated with CBS, NBC, FOX, and ABC across 114 markets; CBS-affiliated channels accounted for 37% of total revenue in 2025.
Telemundo Affiliates: Operates the largest group of Telemundo stations with 47 markets serving over 1.6 million Hispanic households.
Digital Marketing: Offers national and local clients digital strategies through Gray Digital Media, a full-service agency.
Video Production: Creates content through Raycom Sports, Tupelo Media Group, and PowerNation Studios.
Production Facilities: Provides studio space and services at Assembly Atlanta and Third Rail Studios.

Recent Moves and Market Shifts

Changed corporate name to Gray Media, Inc. on January 1, 2025, to reflect a broader multimedia focus.
Transitioned its Atlanta station, WANF, to operate as an independent television station effective August 16, 2025.
Signed agreements to acquire additional television stations with completion anticipated later in 2026.
Invested in Assembly Atlanta and Third Rail Studios to expand production capabilities beyond traditional broadcasting.

Winning the Local News Game

Gray operates the top-rated television station in 77 of its 113 measured markets. This local leadership provides negotiating leverage for network affiliations and retransmission fees, which are payments from cable and satellite providers to carry local signals.

The Latest Financial Scorecard

Total revenue reached $3.1 billion for the full year 2025, down from $3.6 billion in 2024.
Revenue was $792 million in Q4 2025, a 24.2% decrease from $1 billion in Q4 2024.
Net income fell to -$10 million in Q4 2025, worsening from $169 million in Q4 2024.
Free cash flow turned negative at -$51 million in Q4 2025, worsening from $328 million in Q4 2024.
Net debt principal payments totaled $520 million in 2024 through open-market purchases and strategic refinancing.

The Final Word

Gray has evolved from a local publisher into the largest owner of top-rated US television stations. Its expansion into digital services and studio production helps manage the cyclical nature of broadcast advertising.

AI Generated • May 4, 2026

Industry

Media

Sector

Communication Services

Employees

9,582

CEO

Hilton H. Howell, Jr., MBA; Pat LaPlatney

Website

www.gray.tv

Headquarters

Atlanta, GA 30319, US

GTN Financials

Key Financial Metrics (TTM)

Gross Margin

94.97%

Operating Margin

12.37%

Net Income Margin

-3.12%

Return on Equity

-3.43%

Return on Capital

4.55%

Return on Assets

-0.93%

Earnings Yield

-38.46%

Dividend Yield

8.08%

Payout Ratio

-89.58%

Stock Overview

Market Cap

$406.85M

Shares Outstanding

102.74M

Volume

1.42K

Avg. Volume

1.35M

Financials (TTM)

Gross Profit

$2.93B

Operating Income

$381.00M

EBITDA

$760.00M

Operating Cash Flow

$158.00M

Capital Expenditure

-$112.00M

Free Cash Flow

$46.00M

Cash & ST Invst.

$259.00M

Total Debt

$5.81B

Gray Media Performance Analysis

Gray Media annual revenue and year-over-year revenue growth by fiscal year
Fiscal year	Period end	Revenue	YoY growth
2022	2022-12-31	USD 3,676,000,000	52.3%
2023	2023-12-31	USD 3,281,000,000	-10.7%
2024	2024-12-31	USD 3,644,000,000	11.1%
2025	2025-12-31	USD 3,095,000,000	-15.1%

Gray Media sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarter	Period end	QoQ growth
Q2	2025-06-30	-1.3%
Q3	2025-09-30	-3.0%
Q4	2025-12-31	5.7%
Q1	2026-03-31	-3.0%

Gray Media annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal year	Period end	Diluted EPS	YoY growth
2022	2022-12-31	USD 4.33	983.3%
2023	2023-12-31	USD -1.39	N/A
2024	2024-12-31	USD 3.36	N/A
2025	2025-12-31	USD -1.41	N/A

Gray Media sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarter	Period end	QoQ growth
Q2	2025-06-30	-208.7%
Q3	2025-09-30	85.9%
Q4	2025-12-31	-140.0%
Q1	2026-03-31	-41.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name

Q1 2026YOY CHG

Revenue

$768.00M

-1.8%

Gross Profit

$120.00M

-35.1%

Gross Margin

15.63%

N/A

Market Cap

$406.85M

N/A

Market Cap/Employee

$42.46K

N/A

Employees

9,582

N/A

Net Income

-$20.00M

-122.2%

EBITDA

-$74.00M

-145.4%

Quarterly Fundamentals

Name

Q1 2026YOY CHG

Total Cash

$259.00M

+23.3%

Total Debt

$5.81B

+1.7%

Accounts Receivable

$179.00M

-12.3%

Inventory

$11.00M

+0.0%

Long Term Debt

$5.80B

+2.7%

Short Term Debt

$10.00M

-84.1%

Return on Assets

-0.93%

N/A

Return on Invested Capital

3.86%

N/A

Free Cash Flow

-$18.00M

-115.4%

Operating Cash Flow

$1.00M

-99.2%

Other Investments to Explore

People Also Watch

SymbolSymbol / CompanyCompanyPricePrice Chg

PERIPerion Network Ltd.

PERIPerion Network Ltd.$9.32+0.43%

BOCBoston Omaha Corporation

BOCBoston Omaha Corporation$14.21+0.78%

WOWWideOpenWest, Inc.

WOWWideOpenWest, Inc.$5.20+0.00%

NCMINational CineMedia, Inc.

NCMINational CineMedia, Inc.$3.77+0.94%

IHRTiHeartMedia, Inc.

IHRTiHeartMedia, Inc.$3.54-3.01%

ADVAdvantage Solutions Inc.

ADVAdvantage Solutions Inc.$36.44+7.81%

TTGTTechTarget, Inc.

TTGTTechTarget, Inc.$3.40-4.49%

Trending Stocks

SymbolSymbol / CompanyCompanyPricePrice Chg

TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares

TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares$7.42-0.04%

NOKNokia

NOKNokia$9.10-0.06%

STAKStak

STAKStak$9.27+6.02%

MUUDirexion Shares ETF Trust - Direxion Daily Mu Bull 2x Shares

MUUDirexion Shares ETF Trust - Direxion Daily Mu Bull 2x Shares$31.27-0.14%

SQQQProShares Trust - ProShares UltraPro Short Qqq

SQQQProShares Trust - ProShares UltraPro Short Qqq$44.79+0.04%

ONDSOndas

ONDSOndas$7.80-0.02%

ORCLOracle

ORCLOracle$114.99-0.04%

Questions About GTN

What is the current price of Gray Media?

Gray Media is trading at $3.96 per share.

What is the 52-week range for Gray Media?

Over the past 52 weeks, Gray Media has traded between $3.50 and $6.44.

How much debt does Gray Media have?

As of the most recent reporting period, Gray Media reported total debt of $5.81B.

How much cash does Gray Media have on hand?

Gray Media reported $259.00M in cash and cash equivalents in its most recent financial results.

What is Gray Media’s dividend yield?

Gray Media currently has a dividend yield of 8.08%.

Gray Media(NYSE) GTN

Gray Media Financials at a Glance

GTN News

Gray Media (GTN) Q2 Revenue Falls 6.5%

Why Gray Media Stock Skyrocketed Almost 19% Higher on Thursday

Why Gray Media Stock Slumped by Nearly 3% Today

Why Gray Television Stock Tanked Today

Why TEGNA Shares Are Soaring 28% Friday Morning

3 Incredibly Cheap Media Stocks

Gray Television Shares Pop 14% Thursday Morning After Election Cycle Drives Record Quarterly Revenue

Why Campbell Soup, Gray Television, and Boardwalk Pipeline Partners Jumped Today

GTN: Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

About Gray Media

What Gray Brings to Screens

Recent Moves and Market Shifts

Winning the Local News Game

The Latest Financial Scorecard

The Final Word

GTN Financials

Key Financial Metrics (TTM)

Stock Overview

Financials (TTM)

Gray Media Performance Analysis

Revenue Growth Rate

Earnings Per Share Growth Rate

Quarterly Performance

Quarterly Fundamentals

Other Investments to Explore

People Also Watch

Trending Stocks

Questions About GTN

What is the current price of Gray Media?

What is the 52-week range for Gray Media?

How much debt does Gray Media have?

How much cash does Gray Media have on hand?

What is Gray Media’s dividend yield?

Premium Investing Services