Gray MediaGTN +6.15%66 Market Cap is $421 Mil as of Jun. 27, 2026. GuruFocus rates GTN with a GF Score™ of 66/100 and a GF Value™ of $4.19 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,052 Media - Diversified companies, Gray Media ranks better than 78.61% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Gray Media's share price for the quarter that ended in Mar. 2026 was $4.34. Gray Media's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 103 Mil. Therefore, Gray Media's market cap for the quarter that ended in Mar. 2026 was $446 Mil.
Gray Media's quarterly market cap
declined
from Sep. 2025 ($590 Mil) to Dec. 2025 ($494 Mil) and
declined
from Dec. 2025 ($494 Mil) to Mar. 2026 ($446 Mil).
Gray Media's annual market cap
declined
from Dec. 2023 ($855 Mil) to Dec. 2024 ($314 Mil) but then
increased
from Dec. 2024 ($314 Mil) to Dec. 2025 ($494 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Gray Media's Enterprise Value for Today is $6,625 Mil.
Gray Media (NYSE:GTN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Gray Media Market Cap Related Terms
Gray Media Market Cap Historical Data
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The historical data trend for Gray Media's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Broadcasting subindustry, Gray Media's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gray Media Market Cap vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Gray Media's Market Cap distribution charts can be found below:
* The bar in red indicates where Gray Media's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Gray Media's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gray Media (GTN) has a Market Cap of $421 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Gray Media and its competitors. According to the industry distribution chart, Gray Media ranks #225 out of 1052 companies in the Media - Diversified industry, placing it in the top 21.4%.
Is Gray Media's Market Cap too high?
Gray Media's current Market Cap is $421 Mil. The Media - Diversified industry median Market Cap is 48.92. Gray Media's value of $421 Mil is 760.6% above this industry median. Based on the distribution chart, Gray Media ranks #225 out of 1052 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Gray Media has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Market Cap compare to SSP and FUBO?
According to the Media - Diversified industry distribution chart, Gray Media ranks #225 out of 1052 companies for Market Cap. This places Gray Media in the top 21% of its industry — outperforming the majority of peers. The industry median Market Cap is 48.92. Gray Media's value of $421 Mil is 760.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Media - Diversified company?
The median Market Cap among Media - Diversified companies is 48.92, based on 1,052 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gray Media's current Market Cap of $421 Mil is 760.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Gray Media and its competitors. For the Media - Diversified industry, the median Market Cap is 48.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gray Media's current Market Cap is $421 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gray Media stock overvalued right now?
Based on GuruFocus' analysis, Gray Media (GTN) is currently considered Fairly Valued. The stock's GF Value™ is $4.19, compared to a current price of $3.80 — trading 9.3% below its estimated fair value. The current Market Cap is $421 Mil and 760.6% above the Media - Diversified industry median of 48.92. Gray Media's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Gray Media (GTN), the current Market Cap is $421 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gray Media (GTN) Overvalued in 2026?
Based on GuruFocus' analysis, Gray Media stock appears to be undervalued.
The current stock price of $3.80 is trading 9.3% below its estimated GF Value™ of $4.19.
GuruFocus considers Gray Media to be Fairly Valued.
Key valuation signals for GTN:
Market Cap: $421 Mil
GF Value™: $4.19 vs. price of $3.80 (9.3% below fair value)
Industry Position: 760.6% above the Media - Diversified median (#225 of 1052)
No single metric tells the full story. See the GTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. The company's segments include Broadcasting and Production Companies. The majority of revenue is derived from broadcast and digital advertising and from retransmission consent fees.
66GF Score
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