Gray Media (GTN) Projected to Announce Earnings on Friday

Gray Media (NYSE:GTN) is projected to post 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. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, November 6, 2026 at 11:00 AM ET.

Gray Media (NYSE:GTN) last released its quarterly earnings data on Friday, August 7th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.29. The company had revenue of $839.00 million during the quarter, compared to the consensus estimate of $795.13 million. Gray Media had a negative return on equity of 1.12% and a negative net margin of 0.83%. Gray Media’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period last year, the company earned ($0.71) EPS. 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 Price Performance

GTN opened at $5.01 on Thursday. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market capitalization of $516.44 million, a P/E ratio of -8.22, a P/E/G ratio of 0.10 and a beta of 1.01. The company’s 50-day simple moving average is $4.65 and its two-hundred day simple moving average is $4.59. Gray Media has a 52-week low of $3.55 and a 52-week high of $6.43.

Gray Media Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, September 15th. Gray Media’s payout ratio is currently -52.46%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GTN. Zacks Research lowered shares of Gray Media from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 28th. Weiss Ratings downgraded shares of Gray Media from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 9th. Finally, Wall Street Zen upgraded shares of Gray Media from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $7.88.

About Gray Media

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.