TEGNA Stock Price, News & Analysis (NYSE:TGNA) $15.39 +0.20 (+1.32%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$15.15▼$15.5050-Day Range$13.77▼$16.0052-Week Range$13.65▼$22.29Volume1.97 million shsAverage Volume2.06 million shsMarket Capitalization$3.03 billionP/E Ratio5.44Dividend Yield2.99%Price Target$19.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media TEGNA MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside26.7% Upside$19.50 Price TargetShort InterestBearish10.64% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.15Based on 8 Articles This WeekInsider TradingSelling Shares$1.54 M Sold Last QuarterProj. Earnings Growth92.18%From $1.79 to $3.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.64 out of 5 starsConsumer Discretionary Sector41st out of 259 stocksTelevision Broadcasting Stations Industry6th out of 11 stocks 3.3 Analyst's Opinion Consensus RatingTEGNA has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, TEGNA has a forecasted upside of 26.7% from its current price of $15.39.Amount of Analyst CoverageTEGNA has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.64% of the float of TEGNA has been sold short.Short Interest Ratio / Days to CoverTEGNA has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in TEGNA has recently increased by 404.39%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTEGNA pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTEGNA has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TEGNA is 16.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TEGNA will have a dividend payout ratio of 13.37% next year. This indicates that TEGNA will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TGNA. Previous Next 1.8 News and Social Media Coverage News SentimentTEGNA has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for TEGNA this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for TGNA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added TEGNA to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TEGNA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,538,000.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of TEGNA is held by insiders.Percentage Held by Institutions89.99% of the stock of TEGNA is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for TEGNA are expected to grow by 92.18% in the coming year, from $1.79 to $3.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TEGNA is 5.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.00.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 5.44, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.48.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TEGNA Stock (NYSE:TGNA)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.Read More TGNA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TGNA Stock News HeadlinesDecember 8, 2023 | finance.yahoo.com3 Broadcast Radio & TV Stocks to Buy in a Prospering IndustryDecember 7, 2023 | finance.yahoo.comWhy Is TEGNA Inc. (TGNA) Down 0.6% Since Last Earnings Report?December 10, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 7, 2023 | americanbankingnews.comTEGNA (NYSE:TGNA) Receives "Neutral" Rating from JPMorgan Chase & Co.December 6, 2023 | americanbankingnews.comDavid T. Lougee Sells 100,000 Shares of TEGNA Inc. (NYSE:TGNA) StockDecember 2, 2023 | msn.comTegna Stations Go Dark on DirecTVDecember 1, 2023 | msn.comDirecTV, Tegna black out 2 Iowa ABC stations after failed contract negotiationsNovember 30, 2023 | msn.comTegna Stations, Including Many CBS And NBC Affiliates, Go Dark On DirecTV In Carriage DisputeDecember 10, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 30, 2023 | msn.comDirecTV, Tegna dispute: Will Iowans using DirecTV lose access to local ABC stations?November 30, 2023 | msn.comDirecTV, Tegna dispute threatens blackout for dozens of local affiliatesNovember 28, 2023 | msn.comDirecTV and Tegna dispute: Will Iowans lose access to local ABC stations?November 28, 2023 | stockhouse.comTEGNA Foundation Awards Grants to Address Critical Community NeedsNovember 27, 2023 | yahoo.comDirecTV, Tegna Gearing Up for Possible Programming Blackout on November 30November 26, 2023 | yahoo.comDirecTV and Tegna Queue Up Another Blackout Do-Si-DoNovember 25, 2023 | msn.comDirecTV and Tegna Queu Up Another Blackout Do-Si-DoNovember 20, 2023 | finance.yahoo.comWall Street Analysts Believe TEGNA Inc. (TGNA) Could Rally 28.67%: Here's is How to TradeNovember 10, 2023 | businesswire.comTEGNA Inc. Enters Into $325 Million Accelerated Share Repurchase AgreementNovember 9, 2023 | businesswire.comTEGNA Names Lauren Fisher Chief Legal OfficerNovember 9, 2023 | seekingalpha.comTEGNA enters into $325 million accelerated share repurchase agreementNovember 8, 2023 | finance.yahoo.comTEGNA Inc. (NYSE:TGNA) Q3 2023 Earnings Call TranscriptNovember 8, 2023 | finance.yahoo.comTEGNA (TGNA) Q3 Earnings Beat Estimates, Revenues Fall Y/YNovember 7, 2023 | msn.comTEGNA Q3 Earnings Beat Estimates, CEO Touts Share Buyback Milestone Despite Revenue DipNovember 7, 2023 | finance.yahoo.comTegna Inc (TGNA) Reports Q3 2023 Earnings, Revenue Down 11% YoYNovember 7, 2023 | seekingalpha.comTEGNA Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 7, 2023 | finance.yahoo.comTEGNA Inc. Reports Third Quarter 2023 Results and Provides Fourth Quarter GuidanceNovember 7, 2023 | msn.comTEGNA Q3 2023 Earnings PreviewSee More Headlines Receive TGNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TEGNA and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/03/2023Ex-Dividend for 10/2 Dividend9/07/2023Dividend Payable10/02/2023Ex-Dividend for 1/2 Dividend12/07/2023Today12/10/2023Fiscal Year End12/31/2023Dividend Payable1/02/2024Next Earnings (Estimated)2/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Television broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:TGNA CUSIPN/A CIK39899 Webwww.tegna.com Phone703-873-6600Fax703-854-2053Employees6,300Year FoundedN/APrice Target and Rating Average Stock Price Target$19.50 High Stock Price Target$22.00 Low Stock Price Target$17.00 Potential Upside/Downside+26.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.83 Trailing P/E Ratio5.44 Forward P/E Ratio8.60 P/E GrowthN/ANet Income$630.47 million Net Margins19.96% Pretax Margin25.56% Return on Equity16.65% Return on Assets6.93% Debt Debt-to-Equity Ratio1.04 Current Ratio3.47 Quick Ratio3.47 Sales & Book Value Annual Sales$3.28 billion Price / Sales0.92 Cash Flow$3.47 per share Price / Cash Flow4.44 Book Value$13.76 per share Price / Book1.12Miscellaneous Outstanding Shares196,970,000Free Float194,801,000Market Cap$3.03 billion OptionableOptionable Beta0.63 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. 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 Key CompetitorsGrupo Televisa, S.A.B.NYSE:TVNexstar Media GroupNASDAQ:NXSTGray TelevisionNYSE:GTN.ASinclairNASDAQ:SBGIGray TelevisionNYSE:GTNView All CompetitorsInsiders & InstitutionsMuhlenkamp & Co. Inc.Bought 222,103 shares on 12/6/2023Ownership: 0.219%Citigroup Inc.Sold 182,240 shares on 12/6/2023Ownership: 0.072%B. Riley Wealth Advisors Inc.Bought 1,267 shares on 12/1/2023Ownership: 0.006%David T LougeeSold 100,000 sharesTotal: $1.54 M ($15.38/share)American Century Companies Inc.Sold 25,034 shares on 11/30/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions TGNA Stock Analysis - Frequently Asked Questions Should I buy or sell TEGNA stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last twelve months. There are currently 2 hold ratings 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 target for 2024? 4 Wall Street analysts have issued 12-month price objectives for TEGNA's stock. Their TGNA share price targets range from $17.00 to $22.00. On average, they predict the company's share price to reach $19.50 in the next year. This suggests a possible upside of 26.7% 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 at the beginning of 2023. Since then, TGNA stock has decreased by 27.4% and is now trading at $15.39. View the best growth stocks for 2023 here. Are investors shorting TEGNA? TEGNA saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 20,680,000 shares, an increase of 404.4% from the October 31st total of 4,100,000 shares. Based on an average trading volume of 2,340,000 shares, the short-interest ratio is currently 8.8 days. Currently, 10.6% of the shares of the company 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 Monday, February 26th 2024. View our TGNA earnings forecast. How were TEGNA's earnings last quarter? TEGNA Inc. (NYSE:TGNA) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The firm had revenue of $732 million for the quarter, compared to the consensus estimate of $733.39 million. TEGNA had a trailing twelve-month return on equity of 16.65% and a net margin of 19.96%. The firm's revenue was down 6.8% compared to the same quarter last year. During the same period last year, the company posted $0.60 EPS. How often does TEGNA pay dividends? What is the dividend yield for TEGNA? TEGNA declared a quarterly dividend on Thursday, October 26th. Stockholders of record on Friday, December 8th will be paid a dividend of $0.114 per share on Tuesday, January 2nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend is Thursday, December 7th. This is a boost from the stock's previous quarterly dividend of $0.11. 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 3.00%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGNA will have a dividend payout ratio of 13.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TGNA. What ETFs hold TEGNA's stock? ETFs with the largest weight of TEGNA (NYSE:TGNA) stock in their portfolio include Qraft AI-Enhanced Next Value ETF (NVQ), Formidable ETF (FORH), First Trust Merger Arbitrage ETF (MARB), AltShares Event-Driven ET (EVNT), Alpha Architect U.S. Quantitative Value ETF (QVAL), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Distillate Small/Mid Cash Flow ETF (DSMC) and Royce Quant Small-Cap Quality Value ETF (SQLV). 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). Who are TEGNA's major shareholders? TEGNA's stock is owned by many different institutional and retail investors. Top institutional investors include Boston Partners (5.25%), LSV Asset Management (2.32%), Northern Trust Corp (2.20%), Bank of New York Mellon Corp (1.93%), AQR Capital Management LLC (1.64%) and Morgan Stanley (1.51%). Insiders that own company stock include David T Lougee and Lynn B Trelstad. View institutional ownership trends. 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. This page (NYSE:TGNA) was last updated on 12/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TEGNA Inc. 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