Gray Media Shares Rise 2.58% as Analysts Eye 450% Earnings Growth

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Summary · why it matters

Gray Media (GTN) closed at $4.77, up 2.58% from the prior day's close, outperforming a session in which the S&P 500 lost 0.22%, the Dow lost 0.66%, and the Nasdaq lost 0.22%. The broadcast television company is scheduled to report earnings on November 6, 2026, with analysts expecting $0.84 per share, a 450% year-over-year increase, and revenue of $955.5 million, up 27.57%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $2.35 per share and revenue of $3.63 billion, changes of +313.64% and +17.32%, respectively. Over the last 30 days, the Zacks Consensus EPS estimate has risen 0.64%, and Gray Media currently holds a Zacks Rank of #2 (Buy). The stock trades at a Forward P/E of 1.98, a discount to its industry average of 9.28, and carries a PEG ratio of 0.09 versus an industry average of 0.89.

Impact on assets 2

Communication Services▲
Gray Television Inc
GTN
▲ PositiveCapitalrelevance

Analysts expect 450% YoY EPS growth and the stock trades at a deep discount (Forward P/E 1.98 vs industry 9.28), with a Zacks #2 Buy rank.

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