Gray Media, Inc. (GTN)
Gray Media, Inc. operates in the Broadcasting industry of the Communication Services sector, headquartered in Atlanta, GA, US. The stock last traded at $4.58, up 0.22% on the session, giving a market capitalisation of $447.3M. On trailing twelve-month figures it carries a trailing P/E of -9.74, a net margin of -0.8%. Its beta of 0.99 implies it has historically moved less than the broad market.
Gray Media, Inc. is a leading television broadcasting entity that manages an extensive portfolio of TV stations and digital assets throughout the United States, reaching 113 distinct television markets. In addition to its primary channels, the company transmits a diverse range of secondary digital networks, including affiliations with major broadcasters like ABC, CBS, NBC, and FOX. Its specialized digital offerings also encompass networks such as CW Plus, MY Network, MeTV, Justice, This TV, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network. The company further provides localized news and weather channels and offers video program production services. Founded in 1891, Gray Media, Inc. is based in Atlanta, Georgia, and was formerly known as Gray Communications Systems, Inc. before being rebranded as Gray Television, Inc. in August 2002.
Gray Media, Inc. is most often compared with the following Communication Services names: