Gray Media (NYSE:GTN) Stock Price Breaks Above 200 Day Moving Average – Here’s Why

Posted by Geri Gentry on Nov 4th, 2026

Shares of Gray Media Inc. (NYSE:GTN – Get Free Report) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $4.58 and traded as high as $4.72. Gray Media shares last traded at $4.6550, with a volume of 911,501 shares traded.

Analyst Ratings Changes

Several analysts have commented on GTN shares. Weiss Ratings cut shares of Gray Media from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 9th. Wall Street Zen upgraded shares of Gray Media from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Finally, Zacks Research downgraded Gray Media from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 28th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.88.

Read Our Latest Research Report on GTN

Gray Media Stock Up 6.9%

The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.95 and a current ratio of 0.95. The business has a 50-day moving average of $4.65 and a 200-day moving average of $4.59. The stock has a market capitalization of $516.44 million, a price-to-earnings ratio of -8.22, a P/E/G ratio of 0.10 and a beta of 1.01.

Gray Media (NYSE:GTN – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.29. The firm had revenue of $839.00 million during the quarter, compared to analysts’ expectations of $795.13 million. Gray Media had a negative return on equity of 1.12% and a negative net margin of 0.83%. Gray Media’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.71) EPS. On average, sell-side analysts expect that Gray Media Inc. will post 2.35 EPS for the current year.

Gray Media Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Tuesday, September 15th. Gray Media’s dividend payout ratio is -52.46%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Capital Management Corp VA grew its holdings in shares of Gray Media by 0.3% in the 3rd quarter. Capital Management Corp VA now owns 7,092,788 shares of the company’s stock worth $31,918,000 after purchasing an additional 22,119 shares during the last quarter. Miller Value Partners LLC acquired a new position in shares of Gray Media during the second quarter valued at $28,756,000. BlackRock Inc. bought a new position in Gray Media in the second quarter valued at about $27,789,000. Penn Capital Management Company LLC raised its holdings in Gray Media by 0.3% during the 3rd quarter. Penn Capital Management Company LLC now owns 3,514,204 shares of the company’s stock worth $15,847,000 after purchasing an additional 10,230 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Gray Media by 1.5% during the first quarter. Bank of New York Mellon Corp now owns 1,168,991 shares of the company’s stock worth $5,073,000 after buying an additional 16,833 shares during the last quarter. Hedge funds and other institutional investors own 78.64% of the company’s stock.

About Gray Media

(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.