Gray Television/$GTN.A

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About Gray Television

Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.

Ticker

$GTN.A

Sector

Communication

Primary listing

NYSE

Employees

9,310

Gray Television Metrics

BasicAdvanced
$507M
6.52
$1.53
1.19
$0.32
3.20%

What the Analysts think about Gray Television

Majority rating from 7 analysts.
Buy

Bulls say / Bears say

Gray has agreed to acquire KDLT-TV in Sioux Falls, South Dakota for $32.5 million in cash. Gray expects this deal to be immediately accretive to free cash flow and is funding the purchase with available cash. [Reuters]
Gray revealed it has increased and priced a $900 million private offering of 9.625% senior secured second-lien notes due 2032. The proceeds will be used to redeem all of its 7.000% senior notes due 2027 and to repay $402.5 million of its Term Loan F, thus extending its debt maturity profile and strengthening liquidity. [Reuters]
Gray Digital Media is well placed to benefit from the acceleration toward artificial intelligence-powered digital advertising. PwC projects that digital formats will represent 80% of advertising revenue by 2029, with connected TV ad revenue reaching $51 billion, highlighting significant growth prospects for Gray’s digital operations. [Reuters]
Data summarised monthly by Lightyear AI. Last updated on 30 Sept 2025.

Gray Television Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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