Gray Media Q3 EPS Forecast Decreased by Barrington Research

Key Points

• Analysts from Barrington Research have revised their Q3 2025 earnings per share estimate for Gray Media to ($0.41), down from a prior estimate of ($0.32), maintaining a "Strong-Buy" rating with a price target of $6.50.
• Gray Media's shares are currently trading at $5.77, reflecting a 13.9% increase, with a market capitalization of approximately $585.40 million.
• The company recently announced a quarterly dividend of $0.08 per share, with a yield of 5.6%, payable on September 30th to investors of record on September 15th.

Gray Media Inc. (NYSE:GTN - Free Report) - Research analysts at Barrington Research reduced their Q3 2025 earnings per share estimates for Gray Media in a report released on Monday, August 11th. Barrington Research analyst P. Sholl now anticipates that the company will earn ($0.41) per share for the quarter, down from their previous forecast of ($0.32). Barrington Research has a "Strong-Buy" rating and a $6.50 price objective on the stock. The consensus estimate for Gray Media's current full-year earnings is $3.32 per share. Barrington Research also issued estimates for Gray Media's Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($1.11) EPS, Q1 2026 earnings at ($0.17) EPS, Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.58 EPS, FY2026 earnings at $2.46 EPS and FY2027 earnings at ($0.21) EPS.

Gray Media (NYSE:GTN - Get Free Report) last released its quarterly earnings results on Friday, August 8th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.19). Gray Media had a return on equity of 10.31% and a net margin of 5.64%. The business had revenue of $772.00 million during the quarter, compared to the consensus estimate of $765.16 million. During the same period in the previous year, the company posted $0.09 EPS. The company's revenue for the quarter was down 6.5% compared to the same quarter last year.

GTN has been the subject of a number of other research reports. Benchmark reissued a "buy" rating and set a $9.00 price objective (up previously from $7.00) on shares of Gray Media in a research report on Monday, August 11th. Wall Street Zen lowered Gray Media from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Guggenheim lifted their target price on Gray Media from $6.00 to $7.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Wells Fargo & Company lifted their price objective on Gray Media from $4.50 to $5.00 and gave the company an "equal weight" rating in a report on Monday, August 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $6.88.

Gray Media Stock Down 1.8%

Shares of Gray Media stock traded down $0.11 during midday trading on Wednesday, hitting $5.89. The company's stock had a trading volume of 2,487,786 shares, compared to its average volume of 1,786,747. The firm has a market capitalization of $598.07 million, a P/E ratio of 3.90 and a beta of 1.20. The stock has a 50-day simple moving average of $4.77 and a 200-day simple moving average of $4.22. The company has a quick ratio of 0.91, a current ratio of 0.87 and a debt-to-equity ratio of 2.56. Gray Media has a 1-year low of $2.91 and a 1-year high of $6.16.

Gray Media Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.32 dividend on an annualized basis and a yield of 5.4%. Gray Media's dividend payout ratio is presently 21.19%.

Insiders Place Their Bets

In other Gray Media news, CFO Jeffrey R. Gignac acquired 12,500 shares of Gray Media stock in a transaction dated Thursday, June 5th. The stock was bought at an average cost of $3.68 per share, for a total transaction of $46,000.00. Following the purchase, the chief financial officer directly owned 644,599 shares in the company, valued at approximately $2,372,124.32. This represents a 1.98% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 15.22% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GTN. Wells Fargo & Company MN increased its stake in Gray Media by 13.6% in the fourth quarter. Wells Fargo & Company MN now owns 53,242 shares of the company's stock valued at $168,000 after acquiring an additional 6,367 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Gray Media by 8.0% in the fourth quarter. Russell Investments Group Ltd. now owns 421,599 shares of the company's stock valued at $1,328,000 after buying an additional 31,161 shares during the period. Federated Hermes Inc. lifted its holdings in Gray Media by 214,100.0% in the fourth quarter. Federated Hermes Inc. now owns 12,852 shares of the company's stock valued at $40,000 after buying an additional 12,846 shares during the period. FIL Ltd acquired a new position in shares of Gray Media during the fourth quarter valued at about $374,000. Finally, Barclays PLC raised its holdings in shares of Gray Media by 9.6% during the fourth quarter. Barclays PLC now owns 298,486 shares of the company's stock valued at $940,000 after purchasing an additional 26,214 shares during the period. 78.64% of the stock is owned by institutional investors.

About Gray Media

Gray Television, Inc, a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets.