Stock Fundamentals

Company Information

Company Name
Gray Television Inc
Sector
Communication Services
Industry
Broadcasting
Exchange
NYSE
ISIN: US3893751061
CIK: 0000043196
CUSIP: 389190109
Currency: USD
Full Time Employees: 9,165
Phone: 404 504 9828
Fiscal Year End: December
IPO Date: Aug 30, 2002
Description:

Gray Media, Inc., a multimedia company, owns and/or operates local television stations and digital assets in the United States. The company operates through Broadcasting, Production Companies, and Other segments. It also owns Gray Digital Media, a digital agency that provides clients with digital marketing strategies; and operates video production companies and studio production facilities. The company was formerly known as Gray Television, Inc. and changed its name to Gray Media, Inc. in July 2002. Gray Media, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

Address:

4370 Peachtree Road, NE, Atlanta, GA, United States, 30319

Directors & Officers

Name Title Year Born
Mr. Hilton Hatchett Howell Jr. Executive Chairman & CEO 1962
Mr. Donald Patrick LaPlatney President, Co-CEO & Director 1960
Mr. Jeffrey R. Gignac Executive VP & CFO 1976
Ms. McNamara Sandra Breland Executive VP & COO 1963
Mr. Kevin P. Latek J.D. Executive VP, Chief Legal & Development Officer and Secretary 1971
Mr. Jackson S. Cowart IV Senior VP & Chief Accounting Officer NA
Mr. Bob Kroeger Chief Technology Officer NA
Mr. Alan Steven Gould C.F.A. VP & Head of Investor Relations NA
Ms. Charlie Effinger Vice President of Corporate Development NA
Mr. Mike King Senior Operating Officer & Chief Marketing Officer NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Sep 09, 2025 Richard Lee Boger N/A Sale 20.00K $5.82 $116.40K
Jun 05, 2025 Jeffrey R Gignac N/A Purchase 12.50K $3.68 $46.00K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 6.90M Mar 31, 2026 6.72% $0.00 -1.19%
Capital Management Corp 6.20M Mar 31, 2026 6.03% $4.60 0.79%
Vanguard Group Inc 5.97M Dec 31, 2025 5.82% $0.00 -0.39%
Patient Capital Management 5.37M Mar 31, 2026 5.23% $6.08 34.64%
Dimensional Fund Advisors, Inc. 5.28M Mar 31, 2026 5.14% $0.00 3.13%
Charles Schwab Investment Management Inc 4.30M Mar 31, 2026 4.18% $0.00 -17.22%
Retirement Systems of Alabama 4.13M Mar 31, 2026 4.02% $0.06 0.00%
Vanguard Capital Management, LLC 3.70M Mar 31, 2026 3.60% $0.00 0.00%
Penn Capital Management Company LLC 3.62M Mar 31, 2026 3.52% $1.22 14.88%
The Goldman Sachs Group Inc 2.82M Mar 31, 2026 2.75% $0.00 -2.00%
New York State Common Retirement Fund 2.12M Mar 31, 2026 2.06% $0.01 12.47%
Geode Capital Management, LLC 2.09M Mar 31, 2026 2.03% $0.00 3.92%
State Street Corp 1.82M Mar 31, 2026 1.77% $0.00 0.99%
AQR Capital Management LLC 1.45M Mar 31, 2026 1.42% $0.00 25.19%
Vanguard Portfolio Management, LLC 1.31M Mar 31, 2026 1.28% $0.00 0.00%
Schonfeld Strategic Advisors LLC 1.25M Mar 31, 2026 1.22% $0.04 25.00%
Bank of New York Mellon Corp 1.17M Mar 31, 2026 1.14% $0.00 1.46%
Morgan Stanley - Brokerage Accounts 1.10M Mar 31, 2026 1.08% $0.00 -52.75%
Northern Trust Corp 975.80K Mar 31, 2026 0.95% $0.00 2.83%
DSC Meridian Capital LP 939.71K Mar 31, 2026 0.91% $1.25 0.00%

Shares Statistics

Shares Outstanding: 92.87M
Shares Float: 81.88M
% Insiders: 715.70%
% Institutions: 8,638.50%
Short % Float: 0.01%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 2.64M 2.57% ▲ 0.00% Apr 30, 2026
2 Schwab Fundamental U.S. Small CompanyETF 2.41M 2.35% ▼ 0.04% May 30, 2026
3 iShares Russell 2000 ETF 2.12M 2.06% ▲ 0.93% May 29, 2026
4 Penn Capital Small Cap Equity 2.09M 2.03% ▲ 0.00% Apr 30, 2026
5 Fidelity Tactical High Income Sr F8 2.04M 1.99% ▲ 0.00% Dec 31, 2025
6 CMC G&I 1.48M 1.44% ▼ 0.68% Mar 31, 2026
7 CMC SMID 1.34M 1.30% ▼ 1.05% Mar 31, 2026
8 DFA US Small Cap Value I 1.22M 1.19% ▲ 0.00% Apr 30, 2026
9 Vanguard Institutional Extnd Mkt Idx Tr 983.42K 0.96% ▲ 0.58% Apr 30, 2026
10 CMC DVD 969.20K 0.94% ▲ 3.23% Mar 31, 2026

Valuation Metrics

Enterprise Value: $6.65B
Trailing P/E: 0.00
Forward P/E: 2.18

Financial Highlights

Market Cap: $402.73M
EBITDA: $641.00M
PEG Ratio: $0.11
Book Value: $21.62
Dividend/Share: $0.32
Dividend Yield: 7.88%
Earnings/Share: $-1.52
Profit Margin: -3.12%
Operating Margin: 10.55%
ROA (TTM): 2.42%
ROE (TTM): -3.39%
Revenue (TTM): $3.08B
Revenue/Share (TTM): $31.68
Earnings Growth (YOY): 1,016.40%
Revenue Growth (YOY): -1.80%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.27x 2.05x 0.73x 0.83x 9.62x
2024-12-31 1.03x 1.92x 0.72x 1.75x 4.52x
2023-12-31 1.18x 2.35x 0.75x 0.87x 8.85x
2022-12-31 2.10x 2.34x 0.75x 2.80x 4.84x
2021-12-31 2.51x 2.81x 0.78x 1.86x 11.40x
2020-12-31 5.11x 1.66x 0.69x 3.94x 4.26x
2019-12-31 2.73x 0.01x 0.70x 2.11x 0.02x
2018-12-31 5.80x 2.26x 0.72x 3.65x 5.71x
2017-12-31 5.08x 1.85x 0.70x 3.06x 5.03x
2016-12-31 4.49x 0.20x 0.82x 2.41x 0.38x
2015-12-31 3.26x 3.04x 0.80x 1.88x 6.91x
2014-12-31 2.10x 5.99x 0.88x 2.23x 6.50x
2013-12-31 2.07x 4.85x 0.87x 1.60x 7.74x
2012-12-31 2.02x 6.01x 0.88x 2.58x 6.66x
2011-12-31 1.60x 6.77x 0.90x 1.22x 8.19x
2010-12-31 1.45x 6.39x 0.90x 1.53x 5.51x
2009-12-31 1.16x 8.46x 0.92x 0.62x 9.53x
2008-12-31 1.24x 6.83x 0.91x -4.79x -4.78x
2007-12-31 1.29x 2.74x 0.79x 0.79x 13.05x
2006-12-31 1.26x 2.24x 0.77x 1.32x 6.82x
2005-12-31 1.48x 2.08x 0.75x 1.31x 7.80x
2004-12-31 2.22x 1.73x 0.72x 2.70x 4.73x
2003-12-31 1.75x 1.83x 0.73x 1.73x 6.44x
2002-12-31 1.71x 1.81x 0.72x 1.57x 11.94x
2001-12-31 1.10x 3.88x 0.82x 0.50x 9.89x
2000-12-31 1.50x 2.43x 0.76x 0.78x 5.47x
1999-12-31 1.36x 0.02x 0.74x 0.73x 0.08x
1998-12-31 1.48x 0.03x 0.73x 0.98x 0.07x
1997-12-31 1.54x 0.00x 0.73x 0.94x 0.01x
1996-12-31 0.98x 0.00x 0.68x 1.44x 0.00x
1995-12-31 0.98x 0.00x 0.88x 1.70x 0.00x
1994-12-31 1.11x 0.26x 0.93x 3.32x 0.13x
1993-12-31 1.63x 0.15x 0.67x 5.50x 0.33x
1992-12-31 1.98x 0.46x 0.85x 0.75x 0.26x
1991-12-31 8.33x 0.01x 0.13x 42.00x 0.10x
1990-12-31 8.33x 0.01x 0.13x 42.00x 0.10x

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