Gray Media (GTN) Stock
Local television station owner with digital properties. Here's the price, business snapshot, and what's worth knowing about Gray Media in October 2026.
Gray Television, Inc. (GTN) is a US-based owner and operator of local broadcast television stations and related digital properties, with a market capitalisation around $544.00M. It earns revenue from local and national advertising (including election cycles), retransmission consent fees from cable and satellite providers, and growing digital and streaming initiatives. Investors should note the sector’s cyclicality — advertising revenue can fluctuate with the economy and political advertising — while consolidation in broadcasting can offer cost synergies but also integration risk. Industry trends such as cord-cutting and competition from streaming services create both challenges and opportunities for monetisation. Financial strength, leverage from acquisitions and management execution on digital growth are key factors to monitor. This is general educational information, not personalised investment advice; values can rise or fall and prospective investors should check up-to-date financials and consider suitability for their own circumstances.
Gray Media (GTN) Stock Forecast
Analyst price target, next 12 months
$7.38
+62.4% vs today's $4.54
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering Gray Media have a consensus 12-month target of $7.38, above the current price of $4.54.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 2 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Gray Media Inc's stock with a target price of $7.38, indicating potential growth.
Financial Health
Gray Media Inc is performing well with solid revenue and cash flow, indicating good financial strength.
Dividend
GRAY MEDIA INC's high dividend yield of 7.02% makes it appealing for income-focused investors. If you invested $1000 you would be paid $70.20 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Local Ad Exposure
Local and political advertising can drive sizeable revenue during good cycles, though advertising is cyclical and can fall in downturns.
Scale and Reach
A wide station footprint offers audience reach and potential for cost synergies from consolidation, balanced by integration and market concentration risks.
Digital Transition
Growing digital and streaming initiatives may diversify revenue streams, but execution risk and competition from OTT platforms remain important considerations.
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