Gray Media (NYSE:GTN.A) Issues Earnings Results
Gray Media (NYSE:GTN.A) reported its quarterly earnings, showing an EPS of ($0.24) with a net margin of 5.64% and a return on equity of 10.31%. The stock traded down to $8.62, with a market cap of $879.51 million and a PE ratio of 5.71. The company declared a quarterly dividend of $0.08 per share, yielding 3.7%. Gray Media has a debt-to-equity ratio of 2.56 and a dividend payout ratio of 21.19%.
Gray Media (NYSE:GTN.A - Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.24) earnings per share for the quarter, Zacks reports. Gray Media had a net margin of 5.64% and a return on equity of 10.31%.
Gray Media Stock Performance
GTN.A stock traded down $0.39 during trading on Friday, hitting $8.62. The company had a trading volume of 1,215 shares, compared to its average volume of 3,755. The firm has a market cap of $879.51 million, a PE ratio of 5.71 and a beta of 1.10. Gray Media has a 1-year low of $5.00 and a 1-year high of $12.95. The firm has a 50-day moving average price of $9.95 and a 200-day moving average price of $9.57. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.56.
Gray Media Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.7%. Gray Media's dividend payout ratio (DPR) is currently 21.19%.
About Gray Media
(Get Free Report)Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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