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Gray Television Inc Stock Price, News & Analysis

GTN NYSE

Gray Media, Inc. reports developments across a multimedia business built around local television stations, digital assets, and production properties. Its recurring news includes advertising demand, political revenue, retransmission consent economics, station acquisitions, and quarterly financial results for a broadcasting portfolio serving 120 full-power television markets.

Company updates also cover Gray Digital Media, digital and streaming distribution, Telemundo affiliates, sports and video production properties such as Raycom Sports, Tupelo Media Group, PowerNation Studios, Assembly Atlanta, and Third Rail Studios, as well as dividends, investor events, leadership appointments, and governance matters.

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Gray Media (NYSE:GTN) and the Atlanta Braves will air 15 live spring training games across 26 Southeastern markets via Braves on Gray local stations, beginning Feb. 22 and running through March 21, 2026. The package includes a new 10-episode series, Celebrating '21, airing before select games.

Games include matchups vs. Minnesota, Detroit, Boston, New York Yankees and others; select broadcasts feature a Spring Breakout Game showcasing Braves prospects on March 21 at 6:30 p.m. ET.

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St. Louis Cardinals (GTN) and Gray Media launched Home Plate, a new over-the-air programming package beginning Feb. 23, 2026 that expands free Cardinals coverage across multiple Midwestern markets.

Key elements include 8 Spring Training games, 10 regular-season Friday-night simulcasts, at least 12 Memphis Redbirds and 10 Springfield Cardinals games, plus next-day one-hour condensed replays on Matrix Midwest. Coverage airs in St. Louis and Cape Girardeau in full, with parts distributed to 13 additional Midwestern markets; local listings and updates available at Cardinals.com/watch.

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Gray Media (NYSE: GTN) entered a multi-year expanded affiliation with Telemundo, adding new affiliates in Dayton, OH (WZCD-LD); Chattanooga, TN (WTVL-CD, WDNN-CD); and Lafayette, LA (KNGC-LD).

The expansion brings Gray’s Telemundo portfolio to over 1.6 million Hispanic TV households, delivers >1,100 hours of local Spanish-language news monthly, and generates >50 million annual digital impressions. Telemundo is the exclusive Spanish-language home of major events including FIFA World Cup 2026™ and Super Bowl LX.

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Gray Media (NYSE: GTN) extended its broadcast partnership with the Kansas City Royals for the 2026 season, delivering select free over-the-air games in up to 18 markets across 8 states. KCTV5 will air ten regular-season games, including the historic home opener on March 30, 2026, simulcast on KCTV5 and KSMO-TV. The partnership also spotlights the Royals' community outreach throughout the season.

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Gray Media (NYSE: GTN) will release results for the quarter ended Dec. 31, 2025 on Thursday, Feb. 26, 2026. A conference call to discuss results is scheduled the same day at 11:00 a.m. ET with dial‑in numbers 1-800-715-9871 and 1-646-307-1963 (conference ID 3663076 or "Gray Media Q4 call"). The call will be webcast live and a taped replay will be available via 1-800-770-2030 using conference ID 3663076# until March 26, 2026.

Gray Media is a multimedia company headquartered in Atlanta serving 113 television markets and reaching approximately 37% of US TV households, including the largest Telemundo affiliate group with 44 markets. For access, visit www.graymedia.com. Contact: Jeff Gignac, CFO, and Alan Gould, VP Investor Relations.

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Gray Media (NYSE: GTN) named Kristy Santiago as General Manager of KFVS (CBS/CW) in Cape Girardeau, MO and WQWQ-LD (Telemundo) in Paducah, KY, effective January 7, 2026.

Santiago brings decades of television management and sales experience, having most recently served as General Manager of KION (CBS), KMUV (Telemundo) and KCBA (CW) in Monterey, CA, with prior leadership roles in Grand Junction, CO and Palm Springs, CA. She has led multiple network affiliation launches and served on boards including the California Broadcasters Association, Girls Inc., and Goodwill Central Coast.

Gray Media is a multimedia company headquartered in Atlanta that owns local TV stations and digital assets across 113 markets, reaching about 37% of US TV households, and operates the largest Telemundo affiliate group with 44 markets.

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Gray Media (NYSE: GTN) announced a multi-year renewal of its NBC station affiliation agreements covering all 54 markets where Gray owns NBC stations. The agreement preserves full carriage of NBC network programming, including TODAY, NBC Nightly News, Sunday Night Football, the NBA, the Olympics and Paralympics, and top entertainment franchises.

The affiliation reaches more than 14 million households (about 11% of U.S. TV households) and supports Gray’s broader portfolio that reaches approximately 37% of U.S. TV households.

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Gray Media (NYSE: GTN) announced that Alan Gould joined the company on December 18, 2025 as Vice President, Investor Relations.

Gould will lead quarterly earnings engagement and ongoing investor relations work. He previously spent seven years as Managing Director, Senior Media & Internet Analyst at Loop Capital and held analyst roles at Brean Capital, Rosenblatt Securities, Evercore Partners, JP Morgan Investment Management, and CIBC Oppenheimer. Gould holds an MBA from Harvard and was named a Wall Street Journal All‑Star Analyst. He will remain based in the New York City area.

Company profile: Gray Media operates local TV stations and digital assets in 113 television markets, reaching about 37% of US TV households.

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Gray Media (NYSE: GTN) agreed to buy WBBJ-TV ("WBBJ 7") in Jackson, Tennessee from Bahakel Communications, with closing expected after regulatory approvals in Q1 2026. The release says the station will join Gray’s portfolio of leading local stations in adjacent markets including Nashville, Memphis, Huntsville and Paducah.

Gray expects the acquisition to be immediately free cash flow accretive and plans to fund the deal with cash on hand. The announcement notes customary regulatory and closing risks and affirms intentions to support employees, audiences and advertisers during transition.

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Gray (NYSE: GTN) closed an offering of $250,000,000 additional 9.625% senior secured second lien notes due 2032, issued at 102.000% of par plus accrued interest from July 18, 2025.

The Additional Notes form a single series with the existing $900,000,000 9.625% second lien notes issued July 18, 2025. Net proceeds will be used to (i) redeem a portion of Gray’s 10.500% senior secured first lien notes due 2029, (ii) pay offering fees and expenses, and (iii) for general corporate purposes.

Interest accrues from July 18, 2025, is payable semiannually on January 15 and July 15, and the Notes mature on July 15, 2032. The Notes were sold in a private placement under Section 4(a)(2) of the Securities Act.

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FAQ

What is the current stock price of Gray Television (GTN)?

The current stock price of Gray Television (GTN) is $4.38 as of May 11, 2026.

What is the market cap of Gray Television (GTN)?

The market cap of Gray Television (GTN) is approximately 444.9M.