TEGNA Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TEGNA stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGNA, but not buy additional shares or sell existing shares.
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Wall Street analysts have given TEGNA a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TEGNA wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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TEGNA is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for TEGNA.

TEGNA will be holding an earnings conference call on Monday, May 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

TEGNA Inc. (NYSE:TGNA) released its quarterly earnings data on Monday, March, 1st. The company reported $1.16 earnings per share for the quarter, meeting analysts' consensus estimates of $1.16. The company had revenue of $938 million for the quarter, compared to analyst estimates of $934.10 million. TEGNA had a net margin of 11.97% and a trailing twelve-month return on equity of 21.02%. The firm's quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 earnings per share.
View TEGNA's earnings history.

TEGNA's stock was trading at $16.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGNA stock has increased by 27.5% and is now trading at $20.43.
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TEGNA declared a quarterly dividend on Monday, March 29th. Stockholders of record on Friday, June 4th will be paid a dividend of $0.095 per share on Thursday, July 1st. This represents a $0.38 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Thursday, June 3rd. This is an increase from TEGNA's previous quarterly dividend of $0.07.
View TEGNA's dividend history.

TEGNA pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.37%. TEGNA does not yet have a strock track record of dividend growth. The dividend payout ratio of TEGNA is 20.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEGNA will have a dividend payout ratio of 16.28% next year. This indicates that TEGNA will be able to sustain or increase its dividend.
View TEGNA's dividend history.

TEGNA issued an update on its first quarter 2021 After-Hours earnings guidance on Wednesday, April, 14th. The company provided EPS guidance of 0.52-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.45. The company issued revenue guidance of $727-727 million, compared to the consensus revenue estimate of $711.75 million.

5 equities research analysts have issued twelve-month price objectives for TEGNA's shares. Their forecasts range from $12.00 to $20.00. On average, they anticipate TEGNA's share price to reach $15.50 in the next twelve months. This suggests that the stock has a possible downside of 24.1%.
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50 employees have rated TEGNA CEO Dave Lougee on Glassdoor.com. Dave Lougee has an approval rating of 80% among TEGNA's employees.

Some companies that are related to TEGNA include Formula One Group (FWONK), Formula One Group (FWONB), Formula One Group (FWONA), Grupo Televisa, S.A.B. (TV), Nexstar Media Group (NXST), ProSiebenSat.1 Media (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Gray Television (GTN.A), The E.W. Scripps (SSP), Télévision Française 1 Société anonyme (TVFCF), Television Broadcasts (TVBCY), Entravision Communications (EVC), The Liberty Braves Group (BATRA) and Phoenix New Media (FENG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Pfizer (PFE), The Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T) and Starbucks (SBUX).

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

TEGNA's stock is owned by many different retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%) and State of Alaska Department of Revenue (0.02%).
View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
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TGNA stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System.
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Shares of TGNA 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.
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One share of TGNA stock can currently be purchased for approximately $20.43.

TEGNA has a market capitalization of $4.51 billion and generates $2.30 billion in revenue each year. The company earns $286.23 million in net income (profit) each year or $1.38 on an earnings per share basis.

TEGNA employs 6,883 workers across the globe.

The official website for TEGNA is www.tegna.com.

TEGNA is headquartered at 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102.

TEGNA's mailing address is 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102. The company can be reached via phone at 703-873-6600 or via email at [email protected]