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66,000% upside on tiny biotech? (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Facing increasing pressure from customers, some miners are switching to renewable energy
66,000% upside on tiny biotech? (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Facing increasing pressure from customers, some miners are switching to renewable energy
66,000% upside on tiny biotech? (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
66,000% upside on tiny biotech? (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
Facing increasing pressure from customers, some miners are switching to renewable energy
66,000% upside on tiny biotech? (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick
NYSE:TGNA

TEGNA (TGNA) Stock Forecast, Price & News

$14.57
-0.11 (-0.75%)
(As of 09/29/2023 ET)
Compare
Today's Range
$14.51
$14.80
50-Day Range
$14.51
$17.11
52-Week Range
$14.39
$22.29
Volume
1.47 million shs
Average Volume
3.07 million shs
Market Capitalization
$2.94 billion
P/E Ratio
4.86
Dividend Yield
3.16%
Price Target
$21.00

TEGNA MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
44.1% Upside
$21.00 Price Target
Short Interest
Healthy
2.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of TEGNA in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$497,100 Sold Last Quarter
Proj. Earnings Growth
70.76%
From $1.71 to $2.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.96 out of 5 stars

Consumer Discretionary Sector

23rd out of 274 stocks

Television Broadcasting Stations Industry

2nd out of 11 stocks


TGNA stock logo

About TEGNA (NYSE:TGNA) Stock

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. The company also sells commercial advertising spots of its television stations. In addition, it operates Premion, an over the top local advertising network; Hatch, a centralized 360-degree marketing services agency; and radio broadcast stations. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in McLean, Virginia.

TGNA Price History

TGNA Stock News Headlines

Biden's Digital Dollar Nightmare
On July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!
Tegna Recent Insider Activity
Biden's Digital Dollar Nightmare
On July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!
TEGNA (TGNA) Receives a Hold from Barrington
TGNA - TEGNA Inc.
See More Headlines
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TGNA Company Calendar

Ex-Dividend for 7/3 Dividend
6/08/2023
Dividend Payable
7/03/2023
Last Earnings
8/03/2023
Ex-Dividend for 10/2 Dividend
9/07/2023
Today
10/01/2023
Dividend Payable
10/02/2023
Next Earnings (Confirmed)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
N/A
Employees
6,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.00
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+44.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$630.47 million
Pretax Margin
26.90%

Debt

Sales & Book Value

Annual Sales
$3.28 billion
Cash Flow
$3.42 per share
Book Value
$13.76 per share

Miscellaneous

Free Float
199,305,000
Market Cap
$2.94 billion
Optionable
Optionable
Beta
0.61
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Key Executives

  • Mr. David T. Lougee (Age 59)
    Pres, CEO & Director
  • Ms. Victoria Dux Harker (Age 53)
    Exec. VP & CFO
  • Mr. Todd A. Mayman (Age 58)
    Exec. VP, Chief Legal & Admin. Officer
  • Ms. Lynn Beall Trelstad (Age 57)
    EVP & COO of Media Operations
  • Mr. Clifton A. McClelland III (Age 48)
    Sr. VP, Principal Accounting Officer & Controller













TGNA Stock - Frequently Asked Questions

Should I buy or sell TEGNA stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TGNA shares.
View TGNA analyst ratings
or view top-rated stocks.

What is TEGNA's stock price forecast for 2023?

3 equities research analysts have issued 12 month target prices for TEGNA's shares. Their TGNA share price forecasts range from $19.00 to $22.00. On average, they expect the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 44.1% from the stock's current price.
View analysts price targets for TGNA
or view top-rated stocks among Wall Street analysts.

How have TGNA shares performed in 2023?

TEGNA's stock was trading at $21.19 on January 1st, 2023. Since then, TGNA shares have decreased by 31.2% and is now trading at $14.57.
View the best growth stocks for 2023 here
.

Are investors shorting TEGNA?

TEGNA saw a increase in short interest in September. As of September 15th, there was short interest totaling 5,200,000 shares, an increase of 26.8% from the August 31st total of 4,100,000 shares. Based on an average daily volume of 2,310,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.6% of the company's stock are short sold.
View TEGNA's Short Interest
.

When is TEGNA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our TGNA earnings forecast
.

How can I listen to TEGNA's earnings call?

TEGNA will be holding an earnings conference call on Tuesday, November 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) announced its quarterly earnings results on Thursday, August, 3rd. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. The company had revenue of $732 million for the quarter, compared to analyst estimates of $733.39 million. TEGNA had a trailing twelve-month return on equity of 19.06% and a net margin of 20.96%. The firm's revenue for the quarter was down 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.60 earnings per share.

How often does TEGNA pay dividends? What is the dividend yield for TEGNA?

TEGNA announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, September 8th will be given a dividend of $0.1138 per share on Monday, October 2nd. This represents a $0.46 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, September 7th. This is an increase from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for TGNA
.

Is TEGNA a good dividend stock?

TEGNA (NYSE:TGNA) pays an annual dividend of $0.46 per share and currently has a dividend yield of 3.12%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGNA will have a dividend payout ratio of 15.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGNA.

What is Dave Lougee's approval rating as TEGNA's CEO?

50 employees have rated TEGNA Chief Executive Officer Dave Lougee on Glassdoor.com. Dave Lougee has an approval rating of 80% among the company's employees.

What other stocks do shareholders of TEGNA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T) and Starbucks (SBUX).

What is TEGNA's stock symbol?

TEGNA trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGNA."

How do I buy shares of TEGNA?

Shares of TGNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TEGNA's stock price today?

One share of TGNA stock can currently be purchased for approximately $14.57.

How much money does TEGNA make?

TEGNA (NYSE:TGNA) has a market capitalization of $2.94 billion and generates $3.28 billion in revenue each year. The company earns $630.47 million in net income (profit) each year or $3.00 on an earnings per share basis.

How many employees does TEGNA have?

The company employs 6,300 workers across the globe.

How can I contact TEGNA?

TEGNA's mailing address is 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102. The official website for the company is www.tegna.com. The company can be reached via phone at 703-873-6600, via email at dkuckelman@tegna.com, or via fax at 703-854-2053.

This page (NYSE:TGNA) was last updated on 10/1/2023 by MarketBeat.com Staff

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