Gray Media (NYSE:GTN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Posted by Stanley Muller on Oct 22nd, 2026

Gray Media Inc. (NYSE:GTN – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $4.53 and traded as high as $4.65. Gray Media shares last traded at $4.6350, with a volume of 824,899 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently commented on GTN shares. Weiss Ratings lowered shares of Gray Media from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 9th. Wall Street Zen raised shares of Gray Media from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Finally, Zacks Research raised shares of Gray Media from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $7.88.

Get Our Latest Report on GTN

Gray Media Price Performance

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.73. The stock has a market cap of $483.80 million, a P/E ratio of -7.70, a PEG ratio of 0.09 and a beta of 1.00. The firm’s fifty day moving average price is $4.73 and its 200-day moving average price is $4.53.

Gray Media (NYSE:GTN – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.29. The company had revenue of $839.00 million during the quarter, compared to analyst estimates of $795.13 million. Gray Media had a negative net margin of 0.83% and a negative return on equity of 1.12%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.71) EPS. Analysts forecast that Gray Media Inc. will post 2.35 earnings per share for the current year.

Gray Media Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend was Tuesday, September 15th. Gray Media’s dividend payout ratio is -52.46%.

Institutional Investors Weigh In On Gray Media

Institutional investors and hedge funds have recently bought and sold shares of the business. Engineers Gate Manager LP boosted its holdings in Gray Media by 142.5% in the second quarter. Engineers Gate Manager LP now owns 38,604 shares of the company’s stock valued at $153,000 after acquiring an additional 22,682 shares in the last quarter. Squarepoint Ops LLC boosted its stake in shares of Gray Media by 12.3% during the 2nd quarter. Squarepoint Ops LLC now owns 114,909 shares of the company’s stock valued at $456,000 after purchasing an additional 12,610 shares in the last quarter. Odyssean LLC purchased a new position in shares of Gray Media during the second quarter valued at about $206,000. Secure Asset Management LLC purchased a new position in shares of Gray Media during the second quarter valued at about $67,000. Finally, Empowered Funds LLC purchased a new position in shares of Gray Media during the second quarter valued at about $1,837,000. Hedge funds and other institutional investors own 78.64% of the company’s stock.

Gray Media Company Profile

(Get Free Report)

Gray Media, formerly known as Gray Television, is a multimedia company that owns and operates local television stations and related digital media properties in markets across the United States. Its stations provide local news, weather, sports, public affairs and entertainment programming, while also distributing content through websites, mobile platforms and other digital channels.

The company’s broadcast portfolio includes affiliates of major networks such as ABC, CBS, NBC, FOX and The CW, as well as independent and specialty stations.