We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gray Media (GTN) Dips More Than Broader Market: What You Should Know
Read MoreHide Full Article
In the latest trading session, Gray Media (GTN - Free Report) closed at $4.45, marking a -1.98% move from the previous day. This change lagged the S&P 500's daily loss of 0.84%. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq lost 1.43%.
The broadcast television company's stock has dropped by 7.54% in the past month, falling short of the Consumer Discretionary sector's loss of 3.44% and the S&P 500's gain of 1.8%.
The investment community will be paying close attention to the earnings performance of Gray Media in its upcoming release. The company is slated to reveal its earnings on February 26, 2026. The company is forecasted to report an EPS of -$0.28, showcasing a 117.61% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $778 million, indicating a 25.55% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.45 per share and revenue of $3.08 billion, which would represent changes of -143.15% and 0%, respectively, from the prior year.
Any recent changes to analyst estimates for Gray Media should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 17.89% higher. Gray Media is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, Gray Media is currently trading at a Forward P/E ratio of 1.57. This signifies a discount in comparison to the average Forward P/E of 13.35 for its industry.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 63, putting it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Gray Media (GTN) Dips More Than Broader Market: What You Should Know
In the latest trading session, Gray Media (GTN - Free Report) closed at $4.45, marking a -1.98% move from the previous day. This change lagged the S&P 500's daily loss of 0.84%. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq lost 1.43%.
The broadcast television company's stock has dropped by 7.54% in the past month, falling short of the Consumer Discretionary sector's loss of 3.44% and the S&P 500's gain of 1.8%.
The investment community will be paying close attention to the earnings performance of Gray Media in its upcoming release. The company is slated to reveal its earnings on February 26, 2026. The company is forecasted to report an EPS of -$0.28, showcasing a 117.61% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $778 million, indicating a 25.55% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$1.45 per share and revenue of $3.08 billion, which would represent changes of -143.15% and 0%, respectively, from the prior year.
Any recent changes to analyst estimates for Gray Media should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 17.89% higher. Gray Media is currently a Zacks Rank #1 (Strong Buy).
In terms of valuation, Gray Media is currently trading at a Forward P/E ratio of 1.57. This signifies a discount in comparison to the average Forward P/E of 13.35 for its industry.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 63, putting it in the top 26% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.