Gray Media (GTN) Expected to Announce Earnings on Friday

Gray Media (NYSE:GTN) is expected to issue its Q3 2025 results before the market opens on Friday, November 7th. Analysts expect Gray Media to post earnings of ($0.41) per share and revenue of $745.2470 million for the quarter. Gray Media has set its Q3 2025 guidance at EPS.Interested persons can check the company’s upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Friday, November 7, 2025 at 11:00 AM ET.

Gray Media (NYSE:GTN) last announced its earnings results on Friday, August 8th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.19). Gray Media had a net margin of 5.64% and a return on equity of 10.31%. The business had revenue of $772.00 million for the quarter, compared to the consensus estimate of $765.16 million. During the same period in the prior year, the business posted $0.09 EPS. Gray Media’s revenue for the quarter was down 6.5% on a year-over-year basis. On average, analysts expect Gray Media to post $3 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gray Media Stock Performance

Shares of GTN opened at $4.52 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.56. The stock has a market cap of $461.43 million, a P/E ratio of 2.99 and a beta of 1.17. The business’s 50 day moving average price is $5.34 and its 200-day moving average price is $4.81. Gray Media has a 52 week low of $2.91 and a 52 week high of $6.30.

Gray Media Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Monday, September 15th. Gray Media’s dividend payout ratio is currently 21.19%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on GTN shares. Wall Street Zen lowered Gray Media from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Guggenheim lifted their target price on shares of Gray Media from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Thursday, August 14th. Weiss Ratings downgraded shares of Gray Media from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Saturday, October 25th. Wells Fargo & Company increased their price target on shares of Gray Media from $4.50 to $5.00 and gave the company an “equal weight” rating in a report on Monday, August 11th. Finally, Barrington Research restated an “outperform” rating and issued a $6.50 price objective on shares of Gray Media in a report on Tuesday, September 23rd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Gray Media currently has a consensus rating of “Hold” and an average price target of $6.88.

Insiders Place Their Bets

In related news, Director Richard Lee Boger sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $5.82, for a total value of $116,400.00. Following the sale, the director owned 61,343 shares in the company, valued at approximately $357,016.26. This trade represents a 24.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 15.22% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Gray Media

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC bought a new position in Gray Media in the 1st quarter worth $28,000. Oxford Asset Management LLP increased its position in Gray Media by 147.6% in the second quarter. Oxford Asset Management LLP now owns 29,471 shares of the company’s stock worth $134,000 after buying an additional 17,566 shares in the last quarter. State of Wyoming bought a new position in shares of Gray Media in the second quarter worth about $139,000. Caption Management LLC bought a new position in shares of Gray Media in the second quarter worth about $140,000. Finally, Cerity Partners LLC lifted its position in shares of Gray Media by 82.5% during the 2nd quarter. Cerity Partners LLC now owns 39,124 shares of the company’s stock valued at $177,000 after buying an additional 17,689 shares in the last quarter. 78.64% of the stock is currently owned by hedge funds and other 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.