NYSE:TGNATEGNA Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TEGNA Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.70 +0.70 (+6.36 %) (As of 04/9/2020 06:00 AM ET) Add Compare Share Today's Range$10.96Now: $11.70▼$12.0450-Day Range$10.12MA: $14.30▼$17.9052-Week Range$9.61Now: $11.70▼$18.31Volume2.18 million shsAverage Volume3.51 million shsMarket Capitalization$2.55 billionP/E Ratio8.93Dividend Yield2.55%Beta1.53 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTEGNA has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.44, TEGNA has a potential upside of 57.6% from its current price of $11.70.Amount of Analyst CoverageTEGNA has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesTEGNA has received 429 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTEGNA has received 479 “underperform” votes. (Add your “underperform” vote.)Community SentimentTEGNA has received 52.75% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about TEGNA and other stocks. Vote “Outperform” if you believe TGNA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TGNA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipTEGNA is a leading dividend payer. It pays a dividend yield of 2.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTEGNA does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TEGNA is 20.29 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TEGNA will have a dividend payout ratio of 14.97 % next year. This indicates that TEGNA will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TEGNA insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.48% of the stock of TEGNA is held by insiders.Percentage Held by Institutions99.60% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for TEGNA are expected to decrease by -18.70% in the coming year, from $2.30 to $1.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TEGNA is 8.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.08.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 8.93, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.48.Price to Earnings Growth RatioTEGNA has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Television broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:TGNA Previous Symbol CUSIPN/A CIK39899 Webhttp://www.tegna.com/ Phone703-854-7000Debt Debt-to-Equity Ratio2.69 Current Ratio1.96 Quick Ratio1.96Price-To-Earnings Trailing P/E Ratio8.93 Forward P/E Ratio5.09 P/E Growth0.44 Sales & Book Value Annual Sales$2.30 billion Price / Sales1.11 Cash Flow$2.19 per share Price / Cash Flow5.34 Book Value$7.33 per share Price / Book1.60Profitability EPS (Most Recent Fiscal Year)$1.38 Net Income$286.23 million Net Margins12.45% Return on Equity20.01% Return on Assets4.88%Miscellaneous Employees6,883 Outstanding Shares218,353,000Market Cap$2.55 billion Next Earnings Date5/14/2020 (Estimated) OptionableOptionable Receive TGNA News and Ratings via Email Sign-up to receive the latest news and ratings for TGNA and its competitors with MarketBeat's FREE daily newsletter. TGNA Rates by TradingView TEGNA (NYSE:TGNA) Frequently Asked Questions How has TEGNA's stock been impacted by COVID-19 (Coronavirus)? TEGNA's stock was trading at $16.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TGNA shares have decreased by 27.0% and is now trading at $11.70. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TEGNA? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TEGNA. When is TEGNA's next earnings date? TEGNA is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for TEGNA. How were TEGNA's earnings last quarter? TEGNA Inc. (NYSE:TGNA) announced its earnings results on Tuesday, February, 11th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The business had revenue of $693.90 million for the quarter, compared to analysts' expectations of $690.01 million. TEGNA had a net margin of 12.45% and a return on equity of 20.01%. The company's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 EPS. View TEGNA's earnings history. How often does TEGNA pay dividends? What is the dividend yield for TEGNA? TEGNA declared a quarterly dividend on Thursday, February 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.07 per share on Wednesday, April 1st. This represents a $0.28 annualized dividend and a yield of 2.39%. The ex-dividend date is Thursday, March 5th. View TEGNA's dividend history. What price target have analysts set for TGNA? 9 brokers have issued 12 month target prices for TEGNA's stock. Their forecasts range from $15.00 to $22.00. On average, they anticipate TEGNA's stock price to reach $18.44 in the next twelve months. This suggests a possible upside of 57.6% from the stock's current price. View analysts' price targets for TEGNA. Has TEGNA been receiving favorable news coverage? Media stories about TGNA stock have trended very negative on Thursday, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TEGNA earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutTEGNA. Who are some of TEGNA's key competitors? Some companies that are related to TEGNA include ViacomCBS (VIAC), CBS (CBS.A), Liberty Media Formula One Series B (FWONB), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Grupo Televisa SAB (TV), Nexstar Media Group (NXST), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A), Television Francaise 1 (TVFCF), Gray Television (GTN), Central European Media Enterprises (CETV), E. W. Scripps (SSP) and Liberty Braves Group Series A (BATRA). 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), Netflix (NFLX), AT&T (T), Metlife (MET), Walt Disney (DIS), Alphabet (GOOG), Verizon Communications (VZ), Las Vegas Sands (LVS), Brighthouse Financial (BHF) and Starbucks (SBUX). Who are TEGNA's key executives? TEGNA's management team includes the following people: Mr. David T. Lougee, Pres, CEO & Director (Age 59)Ms. Victoria Dux Harker, Exec. VP & CFO (Age 53)Mr. Todd A. Mayman, Exec. VP, Chief Legal & Admin. Officer (Age 58)Ms. Lynn Beall Trelstad, EVP & COO of Media Operations (Age 57)Mr. Clifton A. McClelland III, Sr. VP, Principal Accounting Officer & Controller (Age 48) What is TEGNA's stock symbol? TEGNA trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGNA." Who are TEGNA's major shareholders? TEGNA's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%). View institutional ownership trends for TEGNA. Which major investors are buying TEGNA stock? TGNA stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity for TEGNA. How do I buy shares of TEGNA? Shares of TGNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is TEGNA's stock price today? One share of TGNA stock can currently be purchased for approximately $11.70. How big of a company is TEGNA? TEGNA has a market capitalization of $2.55 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. View additional information about TEGNA. What is TEGNA's official website? The official website for TEGNA is http://www.tegna.com/. How can I contact TEGNA? TEGNA's mailing address is 7950 JONES BRANCH DRIVE, MCLEAN VA, 22107. The company can be reached via phone at 703-854-7000 or via email at [email protected] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Book Value Per Share in Stock Trading
