In last trading session, Gray Media Inc (NYSE:GTN) saw 0.74 million shares changing hands with its beta currently measuring 1.18. Company’s recent per share price level of $3.39 trading at -$0.01 or -0.29% at ring of the bell on the day assigns it a market valuation of $381.10M. That closing price of GTN’s stock is at a discount of -118.58% from its 52-week high price of $7.41 and is indicating a premium of 14.16% 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 0.97 million shares which gives us an average trading volume of 1.61 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 red during last session for losing -0.29%, in the last five days GTN remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $3.39 price level, adding 2.87% to its value on the day. Gray Media Inc’s shares saw a change of 7.62% in year-to-date performance and have moved 1.50% in past 5-day. Gray Media Inc (NYSE:GTN) showed a performance of -27.72% in past 30-days. Number of shares sold short was 3.38 million shares which calculate 1.66 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 51.57% 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 -106.49% in reaching the projected high whereas dropping to the targeted low would mean a loss of -106.49% 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 9.44%, 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 7.06% of company’s total shares while institution are holding 73.81 percent of that, with stock having share float percentage of 79.42%. Investors also watch the number of corporate investors in a company very closely, which is 73.81% 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 5.928 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 $8.73 million or 2.79% of the total outstanding shares. The later fund manager was in possession of 2.34 shares on Mar 31, 2025 , making its stake of worth around $7.94 million in the company or a holder of 2.54% of company’s stock.
