Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Gray Television ( (GTN) ) just unveiled an announcement.
On December 12, 2025, Gray Media, Inc. completed the issuance of $250 million in additional 9.625% Senior Secured Second Lien Notes due 2032. These notes are part of the same issuance as the $900 million notes issued earlier in July 2025. The proceeds from this issuance are intended to redeem a portion of the company’s 10.500% Senior Secured First Lien Notes due 2029, cover fees and expenses related to the offering, and support general corporate purposes. The issuance of these notes strengthens Gray’s financial positioning by refinancing existing debt and providing capital for corporate activities.
The most recent analyst rating on (GTN) stock is a Hold with a $5.50 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.
Gray Television’s overall stock score reflects a balance of strong strategic initiatives and financial management against challenges in revenue growth and leverage. The earnings call provided positive insights into future growth through acquisitions and partnerships, but the net loss and political advertising challenges weigh on the outlook. The stock’s valuation is attractive, supported by a high dividend yield, but technical indicators suggest caution in the short term.
To see Spark’s full report on GTN stock, click here.
More about Gray Television
Gray Media, Inc. operates in the media industry, primarily focusing on television broadcasting. The company is known for its extensive network of television stations across the United States, providing news and entertainment content to a wide audience.
Average Trading Volume: 1,116,238
Technical Sentiment Signal: Buy
Current Market Cap: $571.9M
Learn more about GTN stock on TipRanks’ Stock Analysis page.