GTN-A NYSE
Credit Risk of going bust: higher than 90% of companies Debt: 92.9% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $2.52 (down 61%), Gray Media, Inc. would be worth roughly what it owes.
Total debt $5.89B against a stock market value of $450.0M.
Distance to default 1.59 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $2.92B (short-term plus half of long-term), stock volatility 61.8%; Altman Z'' 0.84. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Atlanta, GA 30319
US
Gray Television, Inc., a broadcasting powerhouse headquartered in Atlanta, Georgia since its establishment in 1891, stands as a key player in the United States' television landscape. This entity, which adopted its current name in August 2002 (previously known as Gray Communications Systems, Inc.), owns and/or manages television stations and their accompanying digital properties across 113 distinct U.S. markets. In addition to its primary operations, the company disseminates a variety of secondary digital channels. These affiliations span major networks like ABC, CBS, NBC, and FOX, alongside specialized channels such as CW Plus Network, MY Network, the MeTV Network, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network. Gray Television also provides localized news and weather programming to numerous communities. Complementing its broadcast activities, the company offers comprehensive video program production services.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| BOGER RICHARD LEE | A-Award | 30,741 | — | 2026-05-06 |
| NEWTON HOWELL | A-Award | 30,741 | — | 2026-05-06 |
| HOWELL HILTON H JR | A-Award | 30,741 | — | 2026-05-06 |
| Spainhour Sterling A | A-Award | 30,741 | — | 2026-05-06 |
| Garcia Luis A. | A-Award | 30,741 | — | 2026-05-06 |