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Added to YB: 2024-04-15

Pitch date: 2024-04-11

GTN [bullish]

Gray Media, Inc.

-15.53%

current return

Author Info

No bio for this author

Company Info

Gray Media, Inc., a multimedia company, owns and/or operates local television stations and digital assets in the United States.

Market Cap

$456.6M

Pitch Price

$4.89

Price Target

N/A

Dividend

7.69%

EV/EBITDA

10.03

P/E

-2.73

EV/Sales

2.16

Sector

Media

Category

growth

Show full summary:
Miller Value Deep Value Select Strategy Portfolio Holding: Gray Television, Inc.

GTN: Local TV leader in 90% of 113 markets, outpacing peers. Monetizing reach via sports, digital ads, ATSC 3.0 streaming. Assembly studio overlooked asset. $2.5B 5yr FCF potential to de-lever. 60%+ earnings & FCF yield signals multiples of upside as political ads reaccelerate.

Read full article (1 min)