GTN

Gray Media, Inc.

Fundamental data last updated:October 8, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Communication Services

industry

Broadcasting

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Gray Media, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve 113 television markets in the United States. The company was formerly known as Gray Communications Systems, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

 


Analyze GTN on TradingView

VALUATION

P/E

-4.16

Market Cap ($M USD)

$423.28M

Forward P/E

-9.58

PEG

-0.17

PRICE TO SALES

0.14

PRICE TO BOOK

0.14

EV / EBITDA

6.16

5-Year Average P/E

Free Cash Flow Yield

10.87%

DCF Value

$49.06

Graham Number

N/A

Price to FCF

9.20

EV to FCF

129.94

Earnings Yield

-24.02%

FCF Yield

10.87%

DIVIDEND

Yield

7.77%

Annual Payout

$0.32

Payout Ratio

-89.58%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.99

Next Year EPS Growth Estimate

-$0.43

Next Year Revenue Growth Estimate

$3.15B

Return on Equity (ROE)

-3.43%

FREE CASH FLOW

Operating Margin

12.37%

Debt-to-Equity

2.07

Piotroski F-Score

3

Altman Z-Score

0.61

Return on Invested Capital (ROIC)

3.86%

Current Ratio

1.20

Quick Ratio

1.17

Net Debt to EBITDA

5.73

Interest Coverage

1.59

Gross Profit margin

94.97%

FCF PER SHARE

$0.47

REVENUE PER SHARE

$31.76

Analyze GTN on TradingView

Gainseekers Quantitative Analysis

Summary

GTN Gray Media, Inc. appears to be a classic deep value play, trading significantly below its DCF value. The market seems to be mispricing it, given the stark contrast between its current valuation and the potential intrinsic value. However, the negative Forward P/E and Earnings Yield, combined with a dismal Altman Z-score, raise red flags about its financial stability and growth prospects. The company is grappling with profitability issues, as evidenced by its negative EPS and Return on Equity. Despite these challenges, the stock’s low Price/Book ratio suggests that investors may be overlooking its asset value.

AI Exposure / Tech Reliance

Operating within the Broadcasting industry, GTN Gray Media, Inc. is positioned to leverage AI and modern tech shifts by enhancing content delivery and audience targeting. As the industry evolves, the company could capitalize on AI-driven analytics to optimize advertising revenues. However, its adaptability will depend on strategic investments in technology and innovation.

The Bull Case

For value or GARP investors, GTN Gray Media, Inc. offers intriguing potential. The company's ROIC of 3.86% indicates reasonable capital efficiency, while a solid FCF Yield suggests it generates healthy cash flows relative to its price. Despite a low Piotroski F-Score, its operating margin of 12.37% reflects some pricing power. These metrics hint at a company that, while currently undervalued, possesses the ability to generate returns if management can navigate its challenges effectively.

The Bear Case

The bear case for GTN Gray Media, Inc. is compelling, with structural risks overshadowing potential gains. The negative EPS and high Debt/Equity ratio of 2.07 signal financial distress. Its Altman Z-score of 0.61 indicates a heightened risk of bankruptcy. Furthermore, the stock's Price/Sales ratio suggests limited revenue generation relative to its market valuation. These factors, combined with a low Piotroski F-Score, paint a picture of a company struggling to maintain financial health.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$7.00

Institutional Ownership %

1-Year Beta

1.07

Insider Buying % (6 Mo)

Distance to 52-Week High

56.31%

Distance to 52-Week Low

15.05%

EARNINGS SURPRISE %

-6.25%

50-DAY SMA

$4.89

200-DAY SMA

$5.02

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.