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Gray Television ( (GTN) ) has shared an update.
On March 31, 2026, Gray Media entered into a sixth amendment to its Fifth Amended and Restated Credit Agreement, fully amending and restating its Senior Credit Facility without changing the size of its revolving commitments, term loan principal amounts, or stated maturities, and without incurring new borrowings. The amendment preserves existing covenant structures and pricing grids tied to the company’s consolidated first lien net leverage ratio, while Gray Media also notified lenders it will fully repay the remaining $10 million outstanding on its Term F Loan on April 2, 2026, signaling continued balance sheet management within a tightly covenanted, asset‑backed financing structure.
The most recent analyst rating on (GTN) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Gray Television stock, see the GTN Stock Forecast page.
Spark’s Take on GTN Stock
According to Spark, TipRanks’ AI Analyst, GTN is a Neutral.
GTN scores in the upper-50s primarily due to weakened recent fundamentals (TTM net loss, sharply lower free cash flow, and elevated leverage). Technicals are supportive with bullish price positioning and positive MACD, but an overbought RSI tempers the outlook. Valuation is helped by a high dividend yield, while the latest earnings call was moderately positive on guidance execution and cost control but still constrained by leverage and rising CapEx expectations.
To see Spark’s full report on GTN stock, click here.
More about Gray Television
Gray Media, Inc., an affiliate of Gray Television, operates in the media and broadcasting industry and finances its operations through a Senior Credit Facility led by Wells Fargo Bank and a syndicate of lenders. The company relies on a mix of revolving credit and term loans secured by substantially all of its and its wholly owned subsidiaries’ non‑real estate assets, with those subsidiaries acting as joint and several guarantors.
Average Trading Volume: 1,451,077
Technical Sentiment Signal: Sell
Current Market Cap: $532.8M
For detailed information about GTN stock, go to TipRanks’ Stock Analysis page.