TEGNA (TGNA) Stock Price, News & Analysis

Company Overview

TEGNA Inc. is a leading U.S. broadcast and digital media company that was formed as a spin-off from Gannett Co., Inc. in June 2015. The company’s primary operations include the ownership and operation of local television stations, digital publishing platforms and marketing solutions designed to serve both national advertisers and local businesses. Through its portfolio of media assets, TEGNA delivers news, information and entertainment across multiple platforms, including over-the-air broadcasts, cable and satellite distribution, streaming services and proprietary websites and mobile apps.

TEGNA owns and operates approximately 60 television stations in 51 markets, reaching nearly 40 percent of U.S. television households. Its stations offer a mix of network and local programming, with many affiliates aligned with the major U.S. broadcast networks. In addition to traditional broadcasting, TEGNA develops digital content channels that focus on topics such as health, sports, money, travel and traffic, extending its brand presence beyond conventional TV and enabling targeted advertising opportunities.

The company’s marketing solutions segment provides a suite of digital and data-driven services, including web design, search engine optimization, social media marketing, audience analytics and lead-generation programs. TEGNA’s customer base spans a wide range of industries—ranging from automotive and finance to healthcare and retail—leveraging local market expertise and national scale to craft tailored campaigns designed to drive customer engagement and measurable results.

Headquartered in Arlington, Virginia, TEGNA is led by President and Chief Executive Officer David Lougee, who has steered the company since its inception. Under his leadership, TEGNA has pursued strategic partnerships, technology investments and content innovations to deepen local engagement and expand digital offerings. The company continues to focus on delivering trusted journalism and integrated marketing solutions across the communities it serves.

Key Stats

• Today's Range: $21.04 to $21.11
• 50-Day Range: $15.08 to $21.30
• 52-Week Range: $14.26 to $21.35
• Volume: 1.62 million shs
• Average Volume: 2.04 million shs
• Market Capitalization: $3.39 billion
• P/E Ratio: 7.59
• Dividend Yield: 2.37%
• Price Target: $19.75
• Consensus Rating: Moderate Buy

TEGNA Stock Analysis - MarketRank™

TEGNA scored higher than 45% of companies evaluated by MarketBeat, and ranked 188th out of 301 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TEGNA 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.

Downside Risk

TEGNA has a consensus price target of $19.75, representing about 6.4% downside from its current price of $21.10.

Amount of Analyst Coverage

TEGNA has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -44.37%

Earnings Growth

Earnings for TEGNA are expected to decrease by -44.37% in the coming year, from $3.02 to $1.68 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TEGNA is 7.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of TEGNA is 7.59, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.43.

Price to Book Value per Share Ratio

TEGNA has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.74% of the float of TEGNA has been sold short.

Short Interest Ratio / Days to Cover

TEGNA has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TEGNA has recently increased by 14.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

TEGNA pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

TEGNA has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of TEGNA is 17.99%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, TEGNA will have a dividend payout ratio of 29.76% next year. This indicates that TEGNA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.74% of the float of TEGNA has been sold short.

Short Interest Ratio / Days to Cover

TEGNA has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TEGNA has recently increased by 14.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.29

News Sentiment

TEGNA has a news sentiment score of 1.29. 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 higher news sentiment than the 0.93 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for TEGNA this week, compared to 9 articles on an average week.

Search Interest

Only 3 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 Follows

3 people have added TEGNA to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TEGNA insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.49% of the stock of TEGNA is held by insiders.

Percentage Held by Institutions

92.19% of the stock of TEGNA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TGNA Stock Analysis - Frequently Asked Questions

How have TGNA shares performed this year?

TEGNA's stock was trading at $18.29 at the beginning of 2025. Since then, TGNA stock has increased by 15.3% and is now trading at $21.0950.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) announced its quarterly earnings results on Thursday, August, 7th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.06. TEGNA's revenue was down 5.0% compared to the same quarter last year.
Read the conference call transcript.

Who are TEGNA's major shareholders?

TEGNA's top institutional investors include LSV Asset Management (4.67%), State Street Corp (4.61%), Geode Capital Management LLC (3.12%) and Wasatch Advisors LP (2.02%). Insiders that own company stock include David T Lougee, Lynn B Trelstad, Clifton A Mcclelland III and Catherine Dunleavy.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of TEGNA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TEGNA investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Record date for 7/1 Dividend: 6/06/2025
• Ex-Dividend for 7/1 Dividend: 6/06/2025
• Dividend Payable: 7/01/2025
• Last Earnings: 8/07/2025
• Record date for 10/1 Dividend: 9/05/2025
• Ex-Dividend for 10/1 Dividend: 9/05/2025
• Today: 9/15/2025
• Dividend Payable: 10/01/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: BRDCST - RADIO/TV
• Sub-Industry: Communication
• Current Symbol: NYSE:TGNA
• CIK: 39899
• Web: www.tegna.com
• Phone: 703-873-6600
• Fax: 703-854-2053
• Employees: 5,900
• Year Founded: 2015

Price Target and Rating

• Average Price Target for TEGNA: $19.75
• High Price Target: $22.00
• Low Price Target: $18.00
• Potential Upside/Downside: -6.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.78
• Trailing P/E Ratio: 7.59
• Forward P/E Ratio: 6.99
• P/E Growth: N/A
• Net Income: $599.82 million
• Net Margins: 14.99%
• Pretax Margin: 19.16%
• Return on Equity: 16.20%
• Return on Assets: 6.68%

Debt

• Debt-to-Equity Ratio: 0.82
• Current Ratio: 1.47
• Quick Ratio: 1.47

Sales & Book Value

• Annual Sales: $3.10 billion
• Price / Sales: 1.09
• Cash Flow: $3.99 per share
• Price / Cash Flow: 5.29
• Book Value: $18.65 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 160,880,000
• Free Float: 160,089,000
• Market Cap: $3.39 billion
• Optionable: Optionable
• Beta: 0.28