Stock events for Gray Media, Inc. (GTN)
Gray Media (GTN) has experienced several stock-related events and analyst activities in the past six months. Weiss Ratings downgraded Gray Media from a "hold" to a "sell". The stock has an average price target of $6.88 from analysts, with some maintaining a "Buy" rating. An analyst gave Gray Media an "outperform" rating with a $6.50 price objective. Wells Fargo & Company increased their price target from $4.50 to $5.00, giving the company an "equal weight" rating. Guggenheim also increased its price objective from $6.00 to $7.00 with a "buy" rating, and Benchmark reiterated a "buy" rating, raising its target price from $7.00 to $9.00. The company reported ($0.42) EPS, missing analysts' consensus estimates of ($0.23). Revenue for the quarter was $772.00 million, compared to analysts' expectations of $765.16 million. Gray Media's revenue for the quarter dropped by 6.5% compared to the same quarter last year. The company has set its Q3 2025 guidance at EPS, with sell-side analysts anticipating 3.32 earnings per share for the current year.
Demand Seasonality affecting Gray Media, Inc.’s stock price
I do not have enough information to provide a detailed summary of the demand seasonality for Gray Media, Inc.'s (GTN) products and services. However, it is noted that reliance on political ad cycles makes revenue less predictable and more volatile.
Overview of Gray Media, Inc.’s business
Gray Media, Inc. is a multimedia company that owns and operates television stations and digital assets across the United States, primarily in the Communication Services sector, specifically within the Broadcasting industry. The company operates television stations in approximately 113 television markets, broadcasting primary and secondary digital channels affiliated with major networks and provides local news and weather channels. Gray Media also produces video programming and offers video production services through its media properties, including Raycom Sports, Tupelo Media Group, and PowerNation Studios. Additionally, it operates Gray Digital Media, a full-service digital agency.
GTN’s Geographic footprint
Gray Media, Inc. operates an extensive portfolio of television stations and digital assets across 113 television markets in the United States. The company has strategically focused on acquiring and developing stations in attractive, non-coastal U.S. markets, establishing a strong presence in these regions. Its portfolio includes approximately 77 markets with television stations and 100 markets, as well as the Telemundo Affiliate group with 43 markets, reaching nearly 1.5 million Hispanic TV households.
GTN Corporate Image Assessment
I do not have enough information to provide a detailed summary of Gray Media, Inc.'s (GTN) brand reputation in the past year or specific events that have affected it.
Ownership
I do not have enough information to provide a detailed summary of the major institutional and individual owners of Gray Media, Inc. (GTN).
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$4.60