Q2 Earnings Estimate for TEGNA Issued By Barrington Research

TEGNA Inc. (NYSE:TGNA - Free Report) - Investment analysts at Barrington Research lowered their Q2 2025 earnings per share (EPS) estimates for TEGNA in a research report issued to clients and investors on Monday, May 12th. Barrington Research analyst P. Sholl now anticipates that the company will earn $0.38 per share for the quarter, down from their prior estimate of $0.39. The consensus estimate for TEGNA's current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA's Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.57 EPS, Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.84 EPS and Q4 2026 earnings at $1.19 EPS.

TEGNA (NYSE:TGNA - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.03. The business had revenue of $680.05 million for the quarter, compared to the consensus estimate of $677.24 million. TEGNA had a return on equity of 14.49% and a net margin of 16.75%. The business's quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 earnings per share.

Other equities analysts also recently issued research reports about the company. StockNews.com downgraded TEGNA from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Wells Fargo & Company reduced their price objective on TEGNA from $23.00 to $21.00 and set an "overweight" rating on the stock in a research report on Thursday, May 1st. Guggenheim lifted their price objective on TEGNA from $20.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, Benchmark reduced their price objective on TEGNA from $21.00 to $20.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $20.50.

TEGNA Trading Down 0.8%

TEGNA stock traded down $0.14 during trading on Tuesday, reaching $17.27. 1,149,867 shares of the company were exchanged, compared to its average volume of 1,968,566. TEGNA has a 52-week low of $12.35 and a 52-week high of $19.62. The company has a market capitalization of $2.78 billion, a P/E ratio of 6.10 and a beta of 0.31. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.60 and a quick ratio of 2.60. The stock's 50 day simple moving average is $17.03 and its two-hundred day simple moving average is $17.75.

Institutional Investors Weigh In On TEGNA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp acquired a new stake in TEGNA during the fourth quarter worth $27,000. Neo Ivy Capital Management acquired a new stake in TEGNA during the fourth quarter worth $28,000. Tower Research Capital LLC TRC increased its stake in TEGNA by 80.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,683 shares of the company's stock worth $31,000 after acquiring an additional 749 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in TEGNA by 95.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,702 shares of the company's stock worth $31,000 after acquiring an additional 832 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of TEGNA in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 92.19% of the company's stock.

TEGNA Company Profile

TEGNA Inc, a media company, provides broadcast advertising and marketing products and services for businesses. The company operates 47 television stations in 39 markets of the United States that produce local programming, such as news, sports, and entertainment. It offers local and national non-political advertising; political advertising; production of programming from third parties; production of advertising materials; and digital marketing services, as well as advertising services on the stations' Websites, tablets, and mobile products.