Gray Television(GTN)
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Minnesota Twins, Fox 9 and Gray Media Announce 10-game, Free Over-the-air Television Package
Newsfilter· 2025-04-01 12:26
Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 About Gray Media: "Gray appreciates the opportunity to join with the Minnesota Twins and FOX 9 to bring free, over-the-air baseball back to Twins Territory for the first time in decades," said Sandy Breland, Chief Operating Officer of Gray Media. "We know Twins fans across the outer market Twins Territory will love it." Beyond the ...
Minnesota Twins, Fox 9 and Gray Media Announce 10-game, Free Over-the-air Television Package
Globenewswire· 2025-04-01 12:26
Twins return to over-the-air TV for first time since 2012 with 10 Tuesday games on FOX 9; 10 Gray Media stations ensure first outer market Twins Territory OTA coverage since 1988 ATLANTA, April 01, 2025 (GLOBE NEWSWIRE) -- Bringing Minnesota Twins baseball back to free, over- the-air television for the first time since 2012, the Twins, FOX 9 (KMSP-TV) and Gray Media today announced a new, multi-year partnership to broadcast 10 Tuesday night regular season games per season. All 10 simulcasts of Major League ...
Gray Media (GTN) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-03-31 23:05
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Gray Media (GTN) closed the most recent trading day at $4.32, moving +0.23% from the previous trading session. This move lagged the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq depreciated by 0.14%. Headin ...
Gray Announces AR Securitization Facility increase to $400 million and extension to 2028 and Revolving Credit Facility increase to $700 million
Newsfilter· 2025-03-31 20:00
ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray" or the "Company") (NYSE:GTN) today announced that it has increased the aggregate commitments under its revolving accounts receivable securitization facility (the "AR Facility") by $100 million, resulting in aggregate commitments under the AR Facility of up to $400 million, and extended the maturity of the facility from February 23, 2026 to March 31, 2028. Gray Contacts: Jeffrey R. Gignac, Executive Vice President, Chief Financial Officer, ...
Gray Announces AR Securitization Facility increase to $400 million and extension to 2028 and Revolving Credit Facility increase to $700 million
Globenewswire· 2025-03-31 20:00
ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray" or the "Company") (NYSE: GTN) today announced that it has increased the aggregate commitments under its revolving accounts receivable securitization facility (the "AR Facility") by $100 million, resulting in aggregate commitments under the AR Facility of up to $400 million, and extended the maturity of the facility from February 23, 2026 to March 31, 2028. About Gray: The Company also announced that it has increased the commitments under i ...
行业信用研究的最佳观点与亮点
2025-03-31 02:41
Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the **High Yield (HY) Telecom, Cable, and Media** sectors, highlighting the competitive landscape and investment needs that are affecting credit outlooks across these industries [11][67]. Core Insights and Arguments 1. **Cautious Outlook for HY Telecom and Cable**: The overall outlook for HY telecom and cable remains cautious due to intense competition and significant investment needs, which are expected to keep leverage elevated [11][67]. 2. **Media Sector Pressures**: The HY media sector faces secular pressures such as cord-cutting and macroeconomic uncertainties that may adversely impact advertising revenues this year [11][12]. 3. **Credit Spread Risks**: Risks to credit spreads are skewed to the downside, prompting recommendations for more defensive sector trades while identifying attractive relative-value buying opportunities [12][67]. 4. **CHTR HY/IG Differential**: Expectations for the CHTR HY/IG differential to decompress in 2025, with a recommendation to sell certain CHTR bonds while buying others to capitalize on this shift [14][17]. 5. **Debt Issuance and Leverage**: CHTR is projected to issue approximately $1.1 billion in net debt this year, with year-end 2025 pro forma net leverage expected to be around 4.25x [17]. 6. **Potential M&A Activity**: The call suggests that ATUS/CSCHLD might benefit from potential M&A activity, with recommendations to buy lower-dollar guaranteed notes [18][21]. 7. **SATS Opportunities**: SATS is highlighted for refinancing prospects and spectrum valuation, with specific trade recommendations for secured and unsecured notes [22][27]. 8. **LUMN's Mass Markets Segment**: A potential sale of LUMN's Mass Markets segment is seen as a catalyst for the company, with a valuation of approximately $6.6 billion [31][30]. 9. **SBGI vs. GTN Leverage**: SBGI's net leverage is expected to increase more significantly than GTN's in 2025, with specific trade recommendations to sell SBGI and buy GTN bonds [37][41]. 10. **CCO's High Leverage Risks**: CCO's high leverage presents downside risks, with expectations for spreads to widen due to macroeconomic uncertainties and investor fatigue [46][42]. Additional Important Insights - **Consolidation Trends**: The call notes that consolidation and M&A could increase as telecom and cable players seek to remain competitive and profitable [21]. - **Market Pricing Dynamics**: The market is currently pricing in hypothetical scenarios for various companies, indicating a complex landscape for credit assessments [72][70]. - **Strategic Uncertainties in Media**: The media sector is facing strategic uncertainties while waiting for direct-to-consumer (DTC) gains to outpace pressures from traditional linear models [73][74]. This summary encapsulates the key points discussed in the conference call, providing insights into the current state and future outlook of the HY Telecom, Cable, and Media sectors.
Gray Media (GTN) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2025-03-25 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...
Is Trending Stock Gray Media Inc. (GTN) a Buy Now?
ZACKS· 2025-03-21 21:45
Gray Media (GTN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this broadcast television company have returned +29.8%, compared to the Zacks S&P 500 composite's -7.5% change. During this period, the Zacks Broadcast Radio and Television industry, which Gray Media falls in, has lost 7.1%. The key question now is: What could be the stock's future di ...
Should Value Investors Buy Gray Media Inc. (GTN) Stock?
ZACKS· 2025-03-21 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...
Jaime Sayre Kawaja Returns to Kentucky to Lead Gray's Stations in the Lexington/Hazard Market
GlobeNewswire News Room· 2025-03-20 20:30
ATLANTA, March 20, 2025 (GLOBE NEWSWIRE) -- Gray Media has named Jaime Sayre Kawaja as General Manager and Director of Sales for WKYT and WYMT, which together serve as the CBS affiliates for the Lexington/Hazard, Kentucky, television market. Effective April 1, she will succeed Jeff Anderson, who recently announced his decision to pursue new opportunities outside of local television. Jaime Kawaja has spent her entire career at Gray Media and brings 28 years of experience in sales and marketing to her new pos ...