Gray Media (GTN) Projected to Post Earnings on Friday

Key Points

• Gray Media is expected to report Q3 2026 results before market open on November 6. Analysts forecast earnings of $0.84 per share on revenue of approximately $955.75 million.
• In its previous quarter, Gray Media reported EPS of $0.21, well above the consensus loss estimate of $0.08, while revenue rose 8.7% year over year to $839 million.
• The company pays a quarterly dividend of $0.08 per share, implying a 7.2% yield. Analysts have a “Moderate Buy” consensus rating and an average price target of $7.88, versus a recent share price of $4.46.

Gray Media (NYSE:GTN - Get Free Report) is projected to issue its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect Gray Media to post earnings of $0.84 per share and revenue of $955.75 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, November 6, 2026 at 11:00 AM ET.

Gray Media (NYSE:GTN - Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.29. Gray Media had a negative net margin of 0.83% and a negative return on equity of 1.12%. The firm had revenue of $839.00 million during the quarter, compared to analyst estimates of $795.13 million. During the same quarter last year, the business earned ($0.71) EPS. The business's revenue was up 8.7% on a year-over-year basis. On average, analysts expect Gray Media to post $2.35 EPS for the current fiscal year and ($0.73) EPS for the next fiscal year.

Gray Media Stock Up 3.8%

Shares of NYSE:GTN opened at $4.46 on Friday. The firm has a market capitalization of $458.78 million, a PE ratio of -7.30, a price-to-earnings-growth ratio of 0.09 and a beta of 1.00. The business has a 50 day simple moving average of $4.67 and a two-hundred day simple moving average of $4.58. Gray Media has a 1 year low of $3.55 and a 1 year high of $6.43. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.95 and a quick ratio of 0.95.

Gray Media Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend was Tuesday, September 15th. Gray Media's payout ratio is currently -52.46%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GTN. Weiss Ratings lowered Gray Media from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday, October 9th. Zacks Research upgraded Gray Media from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, September 29th. Finally, Wall Street Zen upgraded Gray Media from a "hold" rating to a "buy" rating in a report on Saturday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $7.88.

Gray Media Company Profile

Gray Media, formerly known as Gray Television, is a multimedia company that owns and operates local television stations and related digital media properties in markets across the United States. Its stations provide local news, weather, sports, public affairs and entertainment programming, while also distributing content through websites, mobile platforms and other digital channels.

The company's broadcast portfolio includes affiliates of major networks such as ABC, CBS, NBC, FOX and The CW, as well as independent and specialty stations.

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