TEGNA (TGNA) to Release Quarterly Earnings on Thursday

Key Points

• TEGNA is set to report its Q2 2025 earnings on August 7th, with analyst expectations for $0.38 per share in earnings and $673.92 million in revenue.
• The company's recent quarterly report showed a 4.8% decline in revenue year-over-year, with an EPS of $0.37, exceeding expectations of $0.34.
• TEGNA’s stock has a market capitalization of $2.69 billion and a price-to-earnings ratio of 5.89, indicating potential value for investors.

TEGNA (NYSE:TGNA - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect TEGNA to post earnings of $0.38 per share and revenue of $673.92 million for the quarter. TEGNA has set its Q2 2025 guidance at EPS.

TEGNA (NYSE:TGNA - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.34 by $0.03. TEGNA had a return on equity of 17.13% and a net margin of 15.29%. The business had revenue of $680.05 million during the quarter, compared to analysts' expectations of $677.24 million. During the same period last year, the firm earned $0.45 EPS. The company's quarterly revenue was down 4.8% compared to the same quarter last year. On average, analysts expect TEGNA to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TEGNA Price Performance

TEGNA stock traded down $0.63 during midday trading on Friday, reaching $16.07. The company's stock had a trading volume of 1,558,707 shares, compared to its average volume of 1,520,183. The firm has a market capitalization of $2.58 billion, a PE ratio of 5.66 and a beta of 0.30. TEGNA has a fifty-two week low of $13.37 and a fifty-two week high of $19.62. The stock's 50 day simple moving average is $16.80 and its 200 day simple moving average is $17.21. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.40 and a current ratio of 1.40.

TEGNA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 6th were paid a $0.125 dividend. The ex-dividend date was Friday, June 6th. This represents a $0.50 annualized dividend and a dividend yield of 3.1%. TEGNA's dividend payout ratio (DPR) is 17.61%.

Institutional Trading of TEGNA

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in TEGNA by 1.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 95,968 shares of the company's stock valued at $1,749,000 after acquiring an additional 1,726 shares during the last quarter. Amundi boosted its holdings in shares of TEGNA by 1,507.5% during the first quarter. Amundi now owns 4,067 shares of the company's stock worth $74,000 after purchasing an additional 3,814 shares during the last quarter. Strs Ohio acquired a new stake in shares of TEGNA during the first quarter worth $86,000. United Services Automobile Association acquired a new stake in shares of TEGNA during the first quarter worth $183,000. Finally, Intech Investment Management LLC boosted its holdings in shares of TEGNA by 15.9% during the first quarter. Intech Investment Management LLC now owns 78,434 shares of the company's stock worth $1,429,000 after purchasing an additional 10,743 shares during the last quarter. 92.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on TGNA shares. Benchmark dropped their target price on shares of TEGNA from $21.00 to $20.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. JPMorgan Chase & Co. dropped their price objective on TEGNA from $19.00 to $18.00 and set a "neutral" rating for the company in a research note on Wednesday, May 21st. Guggenheim decreased their target price on TEGNA from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Wednesday, July 2nd. Finally, Wells Fargo & Company cut their price target on TEGNA from $23.00 to $21.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $20.00.

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.