Gray Media, Inc.

Day range

$4.36 – $4.59

Open

$4.56

Prev close

$4.58

Volume

432.06K

Market cap

$471.67M

Shares out

93.12M

P/E

—

P/S

0.15

P/B

0.22

P/FCF

3.23

ROE

-2.7%

ROA

-0.6%

Debt/Equity

2.80

Div yield

18.45%

As of Oct 23, 2026

• Credit facility drawOct 9, 2026

  Proceeds from the Term Loan G were used to repay a portion of the Company's existing Term D Loan maturing on December 1, 2028, leaving $150 million aggregate principal amount outstanding of the Term D Loan, and to pay related fees and expenses.

• Credit facilityOct 9, 2026

  The Eighth Amendment provides for an increase to the aggregate principal amount of the Company's Term Loan G due July 15, 2030... of $75 million... resulting in an aggregate principal amount of the Term Loan G of $675 million.

• Guidance issuance or updateSep 28, 2026

  On September 28, 2026, Gray Media, Inc. issued a press release ... announcing an update to its financial guidance for the quarter ending September 30, 2026. The press release was titled “Gray Media Raises 3Q 2026 Political Advertising Guidance and Lifts Low End of Total Revenue Range.”

• Debt issuanceAug 21, 2026

  On August 21, 2026, Gray Media, Inc. issued $750,000,000 in aggregate principal amount of its 7.500% senior secured first lien notes due 2034 (the "Notes") pursuant to an indenture. The Notes were issued at par. Interest accrues on the Notes from August 21, 2026, and is payable semiannually, on March 15 and September 15 of each year, beginning on March 15, 2027.

• Debt issuanceAug 18, 2026

  Gray Media, Inc. priced an offering of $750 million aggregate principal amount of 7.500% senior secured first lien notes due 2034 (the "Notes"). The Notes are being offered to (i) redeem a portion of the Company's outstanding 10.500% senior secured first lien notes due 2029 (the "2029 Notes"), (ii) repay a portion of outstanding borrowings under the Company's revolving credit facility, and (iii) pay fees and expenses in connection with the offering.

• GTN.AGray Media, Inc. Class A-3.64%
• NXSTNexstar Media Group, Inc. Common Stock-1.70%
• SBGISinclair, Inc. Class A Common Stock-2.43%

Days to cover

3.9

Short interest

4.09M

Avg volume

1.06M

As of Sep 30, 2026 · reported to FINRA twice monthly.

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