January 21, 2026 2:32 pm EST

Kevin Costner’s new relationship with Kelly Noonan Gores has been a “grounding” force in the actor’s life amid career woes.

The “Yellowstone” alum and billionaire Alec Gores’ ex-wife met through mutual friends and have kept their romance “private and casual,” Us Weekly reported Tuesday.

The outlet claimed, “After such a public and expensive divorce [from Christine Baumgartner], he’s being cautious.”

Costner and Kelly “see each other when schedules allow, often spending time at his Santa Barbara estate,” a source claimed.

The duo reportedly “love dinners at home, walks on the beach and quiet nights in.”

Another insider clarified that Costner, 71, is “not looking for a serious relationship or marriage any time soon.”

Costner’s rep did not immediately respond to Page Six’s request for comment.

News broke in August 2025 that the “Horizon” star was dating Kelly, who was previously married to Alec from 2016 to 2024.

Her relationship with Costner made headlines two years after the Golden Globe winner settled his divorce from Baumgartner, whom he split from in 2023.

The duo welcomed three children — Cayden, 18, Hayes, 16, and Grace, 15 — during their time together.

Baumgartner, 51, has since married Costner’s former pal Josh O’Connor — and Costner reportedly “remains resentful of the situation.”

Us Weekly claimed, “Part of him … wishes they could have made it work. It stings that she remarried, but he tries not focus on it.”

The Oscar winner is reportedly treating 2026 like his “redemption year” despite “the Hollywood sentiment toward [him] changing.”

A source said, “[He] is kind of in a polite decline mode. … No one’s blackballing him, but the phone has stopped ringing for leading-man money.”

Costner, notably, made headlines for confrontational behavior on the “Yellowstone” set before he was written off the show in 2024 — and he is being sued over an allegedly violent unscripted rape scene in his “Horizon” Western, which flopped.

The filmmaker, who called the claims “false” and “disappointing,” has “a lot in the works” these days, another insider told Us Weekly.

“He knows he’ll have a comeback but would never call it that. He loves big ideas, risk and proving people wrong.”

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