Gray Media (GTN) Stock Sinks As Market Gains: Here's Why

In the closing of the recent trading day, Gray Media (GTN) stood at $4.54, denoting a -6% move from the preceding trading day.

Zacks Investment Research • Oct 9, 2026

Gray Announces $75 Million Incremental Term Loan and Redemption of $150 Million of 2029 Notes

Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that it has entered into an incremental amendment to its credit agreement to increase its $600 million term loan due July 15, 2030 (the “Term Loan G”) by $75 million (the “Incremental TLG”). The Incremental TLG will be available on a delayed draw basis upon the satisfaction of certain customary conditions that are expected to be satisfied on or prior to October 19, 2026. Upon funding, the Incremental TLG will be on terms that are identical to, and fungible with, the Term Loan G. The net proceeds from the Incremental TLG, together with cash on hand, are expected to be used to (i) redeem $150 million outstanding principal amount of Gray's 10.500% senior secured notes due 2029 (the “2029 Notes”) and (ii) pay fees and expenses in connection with the issuance and redemption, which includes the call premium and accrued and unpaid interest on the 2029 Notes being redeemed.

GlobeNewsWire • Oct 9, 2026

Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing

ATLANTA, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray”) (NYSE: GTN) announced today that it has closed a new $600 million Term Loan G maturing July 15, 2030 and has reduced its existing $750 million revolving credit facility to $680 million and extended the maturity date from December 1, 2028 to July 15, 2030. The Term Loan G was priced at a margin of 350 basis points over the Standard Overnight Financing Rate and issued with an original issue discount of 0.5%. The pricing grid on the extended revolving credit facility remains unchanged. Proceeds from the Term Loan G were used to repay a portion of Gray's existing Term Loan D maturing December 1, 2028, leaving $150 million aggregate principal amount outstanding, and to pay related fees and expenses.

GlobeNewsWire • Oct 8, 2026

Best Momentum Stocks to Buy for October 8th

VIRT, E and GTN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 8th, 2026.

Zacks Investment Research • Oct 8, 2026

Best Income Stocks to Buy for October 8th

INSW, GTN, SM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 8th, 2026.

Zacks Investment Research • Oct 8, 2026

Gray Media: 6.9% Yield Is Not Enough

Gray Media rated Hold; political ad revenue upside appears fully priced in, limiting near-term catalysts. Core advertising revenue declined in 2Q26, and post-election, growth drivers are limited aside from the 6.9% dividend yield. GTN's high leverage (8.3x) and weak interest coverage (0.96x) pose balance sheet risks, especially as political ad spending fades.

Seeking Alpha • Oct 8, 2026

Why the Market Dipped But Gray Media (GTN) Gained Today

In the most recent trading session, Gray Media (GTN) closed at $4.77, indicating a +2.58% shift from the previous trading day.

Zacks Investment Research • Oct 7, 2026

Wall Street Analysts Think Gray Media (GTN) Is a Good Investment: Is It?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Zacks Investment Research • Oct 6, 2026

Gray Media Inc. (GTN) Is a Trending Stock: Facts to Know Before Betting on It

Gray Media (GTN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Zacks Investment Research • Oct 2, 2026

Gray Sets Date for Third Quarter Earnings Release and Earnings Conference Call

ATLANTA, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced that it will release its earnings results for the quarter ending September 30, 2026, on Friday, November 6, 2026.

GlobeNewsWire • Oct 2, 2026