GTN (Gray Media) Stations Owned #: 120.00 (As of Mar. 2026)

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GTN Gray Media Inc GTN
58 GF Score
Price $3.96
GF Value $2.69
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Gray Media Stations Owned #?

Gray Media GTN -1.98% 58 Stations Owned # is 120.00 as of Mar. 2026. GuruFocus rates GTN with a GF Score™ of 58/100 and a GF Value™ of $2.69 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Stations Owned # is the number of stations owned by the company, while Stations Leased is the number of stations leased by the company. A media company with more stations in operation has a higher potential to generate larger audiences.

Gray Media's Stations Owned # for the quarter that ended in Mar. 2026 was 120.00 , which higher from pervious quarter (Dec. 2025)'s result by 5.26%.

Gray Media's Stations Owned # for the annual that ended in Dec. 2025 was 114.00 , which higher from pervious year (Dec. 2024)'s result by 0.88%.

The historical rank and industry rank for Gray Media's Stations Owned # or its related term are showing as below:

GTN's Stations Owned # is not ranked *
in the Media - Diversified industry.
Industry Median:
* Ranked among companies with meaningful Stations Owned # only.

Gray Media  (NYSE:GTN) Stations Owned # Explanation

The number of total stations for TV and Radio companies is important in regards to their audience. A media company with more stations in operation has a higher potential to generate larger audiences. In some cases, companies will lease stations instead of acquiring them due to the high acquisition cost.

Gray Media Stations Owned # Historical Data

* Premium members only.

The historical data trend for Gray Media's Stations Owned # 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.

Gray Media Stations Owned # Chart

Gray Media Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Stations Owned #
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Gray MediaQuarterly Data
Trend Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Stations Owned #
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GTN vs CAST, FUBO, SSP: Stations Owned # Comparison

For the Broadcasting subindustry, Gray Media's Stations Owned #, along with its competitors' market caps and Stations Owned # 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.

GTN
58GF Score
Gray Media Inc GTN
Stations Owned # is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions
What does a Stations Owned # of 120.00 mean?
Gray Media (GTN) has a Stations Owned # of 120.00 as of Mar. 2026. Stations Owned is the number of stations owned by the company. View historical data on Gray Media and its competitors.
Is Gray Media's Stations Owned # too high?
Gray Media's current Stations Owned # is 120.00. Overall, Gray Media has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gray Media's Stations Owned # compare to CAST and FUBO?
Gray Media's Stations Owned # of 120.00 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Stations Owned # for a Media - Diversified company?
A good Stations Owned # depends on the Media - Diversified industry context. However, Stations Owned # should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Stations Owned # mean?
A high Stations Owned # can signal that a stock is expensive relative to its fundamentals. Stations Owned is the number of stations owned by the company. View historical data on Gray Media and its competitors. Gray Media's current Stations Owned # is 120.00. 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 Significantly Overvalued. The stock's GF Value™ is $2.69, compared to a current price of $3.96 — trading 47.2% above its estimated fair value. The current Stations Owned # is 120.00. Gray Media's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Stations Owned # calculated?
Stations Owned # is calculated from a company's financial statements. For Gray Media (GTN), the current Stations Owned # is 120.00 as of Mar. 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 overvalued. The current stock price of $3.96 is trading 47.2% above its estimated GF Value™ of $2.69. GuruFocus considers Gray Media to be Significantly Overvalued.

Key valuation signals for GTN:

  • Stations Owned #: 120.00
  • GF Value™: $2.69 vs. price of $3.96 (47.2% above fair value)
  • GF Score™: 58/100 with 8 warning signs

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 Business Description

Other Exchanges GTN.A:USAGCZB:Germany
Address 4370 Peachtree Road NE, Suite 400, Atlanta, GA, USA, 30319
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.
58GF Score

Get the complete analysis for GTN

Stations Owned # is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.96
Price
$2.69
GF Value