Gray Television (GTN) ended the recent trading session at $5.36, demonstrating a +0.94% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%. The the stock of broadcast television company has risen by 4.12% in the past month, lagging the Consumer Discretionary sector's gain of 4.24% and overreaching the S&P 500's gain of 2.06%. Market participants will be closely fol ...

The most recent trading session ended with Gray Television (GTN) standing at $5.21, reflecting a +1.56% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. Shares of the broadcast television company witnessed a gain of 5.99% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 2.85% and the S&P 500's gain of 1.27%. ...

ATLANTA , Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced that InvestigateTV+, its award-winning 30-minute news magazine, is now cleared on weekends in 67% of the U.S for the 2024 – 2025 season. The weekday edition of the program is also expanding its reach to 46% of the U.S. this fall. InvestigateTV+ and InvestigateTV+ Weekend will launch their new seasons the week of September 9th. InvestigateTV+ Weekend, formerly known as InvestigateTV, is entering its fourth season. It launched ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Gray Television (GTN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Gray Television currently ...

ATLANTA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE: GTN) today announced comprehensive coverage plans for the 2024 Democratic National Convention. Starting Monday, August 19, through the conclusion of the convention on Thursday, August 22, Gray's Washington DC Bureau and news teams from 13 Gray affiliates will report from Chicago on the local impact of the presidential and vice presidential nomination process and the Democratic party platform. Coverage will be carried on Gray's local affiliates and ...

Financial Performance - Gray Television reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share, compared to a loss of $0.10 per share a year ago, indicating an earnings surprise of -10% [1] - The company posted revenues of $826 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.96%, but showing an increase from year-ago revenues of $813 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates three times [2] Stock Performance - Gray Television shares have lost about 41.3% since the beginning of the year, contrasting with the S&P 500's gain of 9% [3] - The current status of estimate revisions is unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $1.48 on $1.01 billion in revenues, and $5.15 on $3.88 billion in revenues for the current fiscal year [7] - The outlook for the industry, specifically the Broadcast Radio and Television sector, is currently in the bottom 25% of the Zacks industry rankings, which may negatively impact stock performance [8]

Gray Television (GTN) is set to report second-quarter 2024 results on Aug 8. For the second quarter, GTN expects revenues between $828 million and $846 million. The Zacks Consensus Estimate for revenues is currently pegged at $834 million, suggesting an increase of 2.58% from the figure reported in the year-ago quarter. The consensus mark for second-quarter earnings per share has remained unchanged at 10 cents in the past 30 days, indicating an increase of 200% from the year-ago quarter's reported figure. G ...

Gray Television (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 +18.5%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Television falls in, has lost 3.4%. The key question now is: What could be the stock's futur ...

Contact: Robby Thomas Vice President & General Manager WIS 10 – wistv.com (803) 799-1010 – robby.thomas@wistv.com COLUMBIA, S.C., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Palmetto Sports & Entertainment, Gray Media's newest sports broadcast channel, will launch in October 2024 on South Carolina stations WPAM 18.1 and WIS 10.4 in Columbia, WHNS 21.2 in Greenville-Asheville-Spartanburg, WZCH 35.3 in Charleston, and WMBF 32.3 in Myrtle Beach. The new network will be based out of Gray's WIS-TV in Columbia and will foc ...

Shares of the broadcast television company have appreciated by 25.48% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 0.46% and the S&P 500's gain of 0.1%. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Gray Television. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and prof ...