TSQ vs GTN

For growth investors, Townsquare Media, Inc.

(TSQ) is the stronger pick with -5. 2% revenue growth year-over-year, versus -15. 1% for Gray Media, Inc. (GTN). Analysts rate Townsquare Media, Inc. (TSQ) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Townsquare Media, Inc.

(TSQ) delivered a total return of -11. 7%, compared to -72. 7% for Gray Media, Inc. (GTN). Over 10 years, the gap is even starker: TSQ returned -4. 9% versus GTN's -50. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Townsquare Media, Inc.

(TSQ) is the lower-risk stock at 1. 15β versus Gray Media, Inc. 's 1. 54β — meaning GTN is approximately 34% more volatile than TSQ relative to the S&P 500.

By revenue growth (latest reported year), Townsquare Media, Inc.

(TSQ) is pulling ahead at -5. 2% versus -15. 1% for Gray Media, Inc. (GTN). On earnings-per-share growth, the picture is similar: Townsquare Media, Inc. grew EPS 12. 3% year-over-year, compared to -126. 2% for Gray Media, Inc.. Over a 3-year CAGR, TSQ leads at -2. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Townsquare Media, Inc.

(TSQ) is the more profitable company, earning -2. 7% net margin versus -2. 7% for Gray Media, Inc. — meaning it keeps -2. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TSQ leads at 13. 1% versus 12. 7% for GTN. At the gross margin level — before operating expenses — GTN leads at 96. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Gray Media, Inc.

(GTN) trades at 1. 8x forward P/E versus 13. 8x for Townsquare Media, Inc. — 11. 9x cheaper on a one-year earnings basis.

All stocks in this comparison pay dividends.

Townsquare Media, Inc. (TSQ) offers the highest yield at 12. 4%, versus 7. 7% for Gray Media, Inc. (GTN).

For long-horizon retirement investors, Townsquare Media, Inc.

(TSQ) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 15), 12. 4% yield). Gray Media, Inc. (GTN) carries a higher beta of 1. 54 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TSQ: -4. 9%, GTN: -50. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.