It's said that the stock market is forward-looking by around six months. If that is the case, value investors who also happen to have fairly high-risk tolerance should put Gray Media, Inc. (NYSE:I am a private investor based out of Toronto, Canada and I have been investing since 2003. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. I write on Seeking Alpha to demonstrate my financial analysis and writing skills across a v ...

Company Performance - Gray Media's stock closed at $3.34, showing no change from the previous day, underperforming the S&P 500's daily gain of 0.13% [1] - Over the past month, Gray Media's shares have declined by 34.77%, significantly worse than the Consumer Discretionary sector's loss of 7.24% and the S&P 500's loss of 6.3% [1] Upcoming Earnings - Gray Media is set to disclose its earnings on May 8, 2025, with projected earnings of -$0.48 per share, indicating a year-over-year decline of 160.76% [2] - The consensus estimate for revenue is $772 million, reflecting a 6.2% decrease compared to the same quarter last year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates predict earnings of -$0.27 per share and revenue of $3.21 billion, representing declines of 108.04% and 12.05% respectively from the prior year [3] Analyst Estimates - Recent modifications to analyst estimates for Gray Media are crucial as they reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4] - The Zacks Rank system, which incorporates these estimate changes, provides a rating system for stock performance [5] Zacks Rank and Industry Position - Gray Media currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [6] - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 84, placing it in the top 34% of over 250 industries [7]

ATLANTA, April 17, 2025 (GLOBE NEWSWIRE) -- Gray Media has promoted Dana Neves to Senior Managing Vice President, effective immediately. In her new role, Dana oversees a number of Gray's television markets in the Northeast and Mid-Atlantic areas. For the past 7 years, Dana has served as the General Manager of Gray's WFSB (CBS) in Hartford, Connecticut, and has led its Connecticut-focused broadcast sports network The Wax since its launch last year.   Gray will soon begin a search for Dana's successor. Dana ...

Group 1 - Major League Pickleball (MLP) has announced local media partnerships with Gray Media to enhance distribution in various team markets for the 2025 season [1][2] - The 2025 MLP season will include 10 regular season events, a Mid-Season Tournament, and two weeks of playoffs, running from April to August, with a standalone MLP Cup in November [3] - The sport of pickleball has seen significant growth, with over 20 million players currently participating [2] Group 2 - Gray Media is the largest owner of top-rated local television stations in the U.S., reaching approximately 37% of U.S. television households [4] - Gray Media's portfolio includes 78 markets with top-rated television stations and the largest Telemundo Affiliate group with 44 markets [4] - The company also offers digital marketing strategies through Gray Digital Media, enhancing its multimedia presence [4]

Gray Media (GTN) closed the latest trading day at $3.35, indicating a -0.59% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.81%. Elsewhere, the Dow gained 1.56%, while the tech-heavy Nasdaq added 2.06%.The broadcast television company's shares have seen a decrease of 19.95% over the last month, not keeping up with the Consumer Discretionary sector's loss of 7.73% and the S&P 500's loss of 6.14%.Market participants will be closely following the financia ...

Group 1 - Gray Media and the Military Basketball Association (MBA) have formed a broadcast partnership to air select MBA playoff games on Gray's local television stations and sports networks [1][5] - The first MBA over-the-air game will be broadcast on April 13, 2025, featuring the Eastern Conference Finals from Queens University of Charlotte [2][3] - Gray Media's sports networks, including Palmetto Sports & Entertainment Network and Peachtree Sports Network, will air the game, which targets military communities [3][5] Group 2 - The MBA is a non-profit organization focused on preventing veteran suicide and promoting mental health through sports, supporting nearly 1,000 players across 50 teams globally [4][7] - Gray Media aims to foster community engagement and support military personnel through this partnership, highlighting the importance of resiliency in sports [5][6] - The MBA emphasizes the message of "Life Through Basketball" and aims to bridge the gap for veterans facing mental health challenges [5][7] Group 3 - Gray Media, headquartered in Atlanta, is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households [6] - The company operates in 113 television markets and includes a significant number of top-rated stations, enhancing its broadcasting capabilities [6]

ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Gray Media and the Military Basketball Association today announced a broadcast partnership to air select MBA playoff games and other content on Gray’s local television stations and broadcast sports networks.   The first MBA over-the-air game airs on the Gray Media platforms on Sunday, April 13 at 6 p.m. ET.  The initial airing features the MBA’s Eastern Conference Finals from the campus of Queens University of Charlotte in Charlotte, North Carolina. Game productio ...

Gray Media (GTN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this broadcast television company have returned +17.1%, compared to the Zacks S&P 500 composite's -5.6% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Media falls in, has lost 4.8%. The key question now is: What could be the stock's future directio ...

Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 About Gray Media: "Gray appreciates the opportunity to join with the Minnesota Twins and FOX 9 to bring free, over-the-air baseball back to Twins Territory for the first time in decades," said Sandy Breland, Chief Operating Officer of Gray Media. "We know Twins fans across the outer market Twins Territory will love it." Beyond the ...

Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 ATLANTA, April 01, 2025 (GLOBE NEWSWIRE) -- Bringing Minnesota Twins baseball back to free, over- the-air television for the first time since 2012, the Twins, FOX 9 (KMSP-TV) and Gray Media today announced a new, multi-year partnership to broadcast 10 Tuesday night regular season games per season. All 10 simulcasts of Major League ...