Gray Media (GTN) Projected to Release Quarterly Earnings on Friday

Gray Media (NYSE:GTN) will likely be posting its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect the company to post earnings of $0.84 per share and revenue of $955.75 million for the quarter. Individuals are encouraged to explore 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) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $839.00 million during the quarter, compared to the consensus estimate of $795.13 million. During the same quarter last year, the firm posted ($0.71) EPS. The business’s revenue was up 8.7% compared to the same quarter last year. 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 Trading Up 1.2%

Shares of Gray Media stock opened at $4.71 on Wednesday. Gray Media has a 12-month low of $3.55 and a 12-month high of $6.43. The stock has a market cap of $484.52 million, a PE ratio of -7.71, a price-to-earnings-growth ratio of 0.09 and a beta of 1.01. The company has a 50-day moving average of $4.65 and a two-hundred day moving average of $4.58. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 2.73.

Gray Media Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.08 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.8%. Gray Media’s dividend payout ratio (DPR) is currently -52.46%.

Analysts Set New Price Targets

GTN has been the subject of several recent research reports. Weiss Ratings downgraded shares of Gray Media from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, October 9th. Wall Street Zen raised Gray Media from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Finally, Zacks Research cut shares of Gray Media from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 28th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.