Gray Media (NYSE:GTN.A) Issues Earnings Results

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 PerformanceGTN.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 AnnouncementThe 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.Further ReadingFive stocks we like better than Gray MediaHow to Invest in Biotech StocksOpenAI's Restructuring Sets up What Could Be the Biggest IPO EverWhat is the Dogs of the Dow Strategy? Overview and Examples2 Rare Earth Stocks the U.S. Government Doesn’t Want to FailBuy P&G Now, Before It Sets A New All-Time HighCrowdStrike Partners With CoreWeave But Investors Sell the NewsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Gray Media Right Now?Before you consider Gray Media, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gray Media wasn't on the list.While Gray Media currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here