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

Gray Media (NYSE:GTN) is projected to post its Q2 2026 results before the market opens on Friday, August 7th. Analysts expect the company to post earnings of ($0.08) per share and revenue of $795.1330 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, August 7, 2026 at 11:00 AM ET.

Gray Media (NYSE:GTN) last announced its earnings results on Thursday, May 7th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.02). The firm had revenue of $768.00 million for the quarter, compared to the consensus estimate of $768.05 million. Gray Media had a negative return on equity of 3.07% and a negative net margin of 3.12%.Gray Media’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.23) EPS. On average, analysts expect Gray Media to post $2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Gray Media Stock Performance

GTN opened at $4.34 on Thursday. The business has a 50 day moving average price of $3.98 and a two-hundred day moving average price of $4.52. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $446.30 million, a price-to-earnings ratio of -2.84 and a beta of 0.94. Gray Media has a 1-year low of $3.50 and a 1-year high of $6.43.

Insider Transactions at Gray Media

In other Gray Media news, Director Richard Lee Boger sold 57,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $4.40, for a total value of $250,800.00. Following the transaction, the director owned 4,591 shares of the company’s stock, valued at approximately $20,200.40. This represents a 92.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 8.95% of the company’s stock.

Hedge Funds Weigh In On Gray Media

A number of hedge funds have recently modified their holdings of GTN. Vanguard Group Inc. lifted its holdings in shares of Gray Media by 4.4% during the third quarter. Vanguard Group Inc. now owns 5,998,630 shares of the company’s stock valued at $34,672,000 after purchasing an additional 251,419 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Gray Media by 23.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,188,712 shares of the company’s stock worth $25,113,000 after purchasing an additional 994,474 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Gray Media by 55.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,878,508 shares of the company’s stock worth $13,932,000 after purchasing an additional 1,025,133 shares in the last quarter. AQR Capital Management LLC raised its holdings in Gray Media by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 1,361,807 shares of the company’s stock worth $6,169,000 after buying an additional 590,704 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in Gray Media by 81.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,209,751 shares of the company’s stock worth $6,992,000 after buying an additional 543,874 shares during the period. 78.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GTN. Weiss Ratings lowered Gray Media from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 15th. Barrington Research reaffirmed an “outperform” rating and set a $6.50 target price on shares of Gray Media in a report on Tuesday, April 28th. Wall Street Zen upgraded shares of Gray Media from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Guggenheim cut their price target on shares of Gray Media from $8.00 to $7.00 and set a “buy” rating for the company in a report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.88.

About Gray Media

Gray Media (NYSE:GTN) is a U.S.-based broadcasting and digital media company that owns and operates a portfolio of local television stations and associated digital platforms. The company’s core business centers on delivering local news, sports and entertainment programming through its network-affiliated broadcast outlets. In addition to traditional over-the-air distribution, Gray Media supports multi-platform video streaming and on-demand services for audiences across its markets.

Gray Media’s television stations carry network programming from major national broadcasters, including ABC, CBS, NBC, Fox and The CW, and often feature locally produced news and public affairs content.