ATLANTA, July 10, 2024 (GLOBE NEWSWIRE) -- Gray Media (NYSE:GTN) today announced comprehensive coverage plans for the 2024 Republican National Convention. Starting Saturday, July 13 through the final moments of the convention on Thursday, July 19, Gray's Washington DC Bureau and news teams from multiple Gray affiliates will report from Milwaukee on the local impact of the presidential and vice presidential nomination process and the Republican party platform. Coverage will be available on Gray's local affil ...

Monty Rakusen Financial Snapshot assets, which accounts for only about 8% of the $531 million drop in profits from the previous year. Most of the drop can be explained by a nasty combination of an 11% drop in revenue on the top end, and the relentless grind of higher input costs. That written, the company has introduced a dividend relatively recently, and I think it's reasonably well covered. Given that, I'd be happy to buy the shars if they were Valuation Anyway, when I judge the merits of a stock, I bench ...

Gray Television (GTN) ended the recent trading session at $4.56, demonstrating a -0.87% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.14%. Market participants will be closely following the financial results of Gray Television in its upcoming release. The company plans to announce its earnings on August 8, 2024. It is anticipated that the company will report an EPS of ...

The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Gray Television. However, its Zacks Rank #1 does suggest that it may outperform the broader market in the near term. Over the past month, shares of this broadcast television company have returned -13.5%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Television ...

In the latest market close, Gray Television (GTN) reached $4.95, with a +1.02% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq decreased by 1.09%. The the stock of broadcast television company has fallen by 13.12% in the past month, lagging the Consumer Discretionary sector's gain of 1.24% and the S&P 500's gain of 2.73%. The investment community will be ...

Atlanta, June 24, 2024 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Television, Inc. ("Gray") (NYSE: GTN) stations for outstanding watchdog journalism. The IRE annual ceremony on Saturday, June 22 saluted the best investigative journalism across broadcast, print, and online media. WLBT in Jackson, Mississippi won Video Division IV for "Side Hustle." The investigation found substantial evidence that a local mayor and police chief could be committing time sheet fraud an ...

Atlanta, June 24, 2024 (GLOBE NEWSWIRE) -- The Investigative Reporters and Editors (IRE) awarded three Gray Television, Inc. ("Gray") (NYSE: GTN) stations for outstanding watchdog journalism. The IRE annual ceremony on Saturday, June 22 saluted the best investigative journalism across broadcast, print, and online media. WSMV in Nashville, Tennessee won Video Division III for "The Thin Blurred Line." The series of stories by WSMV4 Investigates exposed how unlicensed civilians were able to wear badges, carry ...

ATLANTA, June 18, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray") (NYSE:GTN) announced today the expiration and final results of its previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 5.875% Senior Notes due 2026 (the "Notes"), subject to certain terms and conditions set forth in the Offer to Purchase dated May 20, 2024 (the "Offer to Purchase"). According to information provided by D.F. King & Co., Inc., the Information Agent and Tender Agent for the ...

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. For the current quarter, Gray Television is expected to post earnings of $0.10 per share, indicating a change of +200% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. The chart below shows the evolution ...

The upcoming earnings release of Gray Television will be of great interest to investors. The company's upcoming EPS is projected at $0.10, signifying a 200% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $834 million, indicating a 2.58% increase compared to the same quarter of the previous year. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited ...