Q3 Earnings Estimate for TEGNA Issued By Barrington Research

Key Points

• Barrington Research has raised its Q3 2025 earnings per share estimate for TEGNA to $0.39, up from a previous estimate of $0.35.
• TEGNA's recent quarterly earnings exceeded estimates, with a reported $0.44 EPS against a consensus of $0.38, despite a 5% year-over-year revenue decline.
• Several brokerages have issued mixed ratings on TEGNA, with a current consensus rating of "Moderate Buy" and a price target of $20.25.

TEGNA Inc. (NYSE:TGNA - Free Report) - Equities researchers at Barrington Research increased their Q3 2025 earnings per share estimates for shares of TEGNA in a report released on Monday, August 11th. Barrington Research analyst P. Sholl now forecasts that the company will earn $0.39 per share for the quarter, up from their prior estimate of $0.35. The consensus estimate for TEGNA's current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA's FY2025 earnings at $1.67 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.55 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $1.21 EPS and FY2026 earnings at $3.22 EPS.

Several other brokerages also recently issued reports on TGNA. JPMorgan Chase & Co. dropped their target price on TEGNA from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Wednesday, May 21st. Wells Fargo & Company boosted their target price on TEGNA from $21.00 to $22.00 and gave the company an "overweight" rating in a research report on Sunday. Benchmark dropped their target price on TEGNA from $21.00 to $20.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Finally, Guggenheim dropped their target price on TEGNA from $22.00 to $21.00 and set a "buy" rating for the company in a research report on Wednesday, July 2nd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $20.25.

TEGNA Trading Up 30.1%

TGNA opened at $19.92 on Tuesday. The firm has a market cap of $3.20 billion, a P/E ratio of 7.16 and a beta of 0.28. TEGNA has a 12 month low of $13.37 and a 12 month high of $20.04. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average of $16.77 and a 200 day moving average of $17.12.

TEGNA (NYSE:TGNA - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.38 by $0.06. The company had revenue of $675.05 million during the quarter, compared to analyst estimates of $673.92 million. TEGNA had a return on equity of 16.20% and a net margin of 14.99%. The firm's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the business posted $0.50 earnings per share.

TEGNA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 6th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, June 6th. TEGNA's payout ratio is currently 17.99%.

Institutional Trading of TEGNA

Several institutional investors and hedge funds have recently modified their holdings of the stock. Meritage Portfolio Management raised its stake in shares of TEGNA by 2.7% during the second quarter. Meritage Portfolio Management now owns 25,801 shares of the company's stock valued at $432,000 after acquiring an additional 688 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of TEGNA by 15.9% during the first quarter. PNC Financial Services Group Inc. now owns 5,058 shares of the company's stock valued at $92,000 after acquiring an additional 694 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of TEGNA by 12.6% during the second quarter. Parkside Financial Bank & Trust now owns 6,295 shares of the company's stock valued at $106,000 after acquiring an additional 706 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of TEGNA by 80.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,683 shares of the company's stock valued at $31,000 after acquiring an additional 749 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey raised its stake in shares of TEGNA by 2.3% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 36,978 shares of the company's stock valued at $620,000 after acquiring an additional 838 shares in the last quarter. Institutional investors own 92.19% of the company's stock.

About TEGNA

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.

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