In last trading session, Gray Media Inc (NYSE:GTN) saw 1.28 million shares changing hands with its beta currently measuring 1.14. Company’s recent per share price level of $4.36 trading at $0.04 or 0.93% at ring of the bell on the day assigns it a market valuation of $474.05M. That closing price of GTN’s stock is at a discount of -69.95% from its 52-week high price of $7.41 and is indicating a premium of 33.26% from its 52-week low price of $2.91. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.95 million shares which gives us an average trading volume of 1.55 million if we extend that period to 3-months.
For Gray Media Inc (GTN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.45 in the current quarter.
Gray Media Inc (NYSE:GTN) trade information
Upright in the green during last session for gaining 0.93%, in the last five days GTN remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $4.36 price level, adding 7.23% to its value on the day. Gray Media Inc’s shares saw a change of 38.41% in year-to-date performance and have moved -7.04% in past 5-day. Gray Media Inc (NYSE:GTN) showed a performance of 23.16% in past 30-days. Number of shares sold short was 4.12 million shares which calculate 2.26 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 37.71% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -60.55% in reaching the projected high whereas dropping to the targeted low would mean a loss of -60.55% for stock’s current value.
Gray Media Inc (GTN) estimates and forecasts
This year revenue growth is estimated to fall -11.85% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 772.71M for the same. And 6 analysts are in estimates of company making revenue of 791.49M in the next quarter. Company posted 823M and 826M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.51% during past 5 years.
GTN Dividends
Gray Media Inc is more likely to be releasing its next quarterly report on 2025-Feb-26 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 7.34%, the share has a forward dividend of 0.32 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.83%.
Gray Media Inc (NYSE:GTN)’s Major holders
Insiders are in possession of 7.12% of company’s total shares while institution are holding 72.80 percent of that, with stock having share float percentage of 78.37%. Investors also watch the number of corporate investors in a company very closely, which is 72.80% institutions for Gray Media Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GTN for having 7.24 million shares of worth $37.67 million. And as of 2024-06-30, it was holding 7.6259 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.63 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.9911 of outstanding shares, having a total worth of $29.28 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.57 shares of worth $11.23 million or 2.79% of the total outstanding shares. The later fund manager was in possession of 2.29 shares on Feb 28, 2025 , making its stake of worth around $9.97 million in the company or a holder of 2.48% of company’s stock.
