NYSE:TGNA - TEGNA Stock Price, Forecast & News

TEGNA's stock was trading at $16.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TGNA shares have decreased by 33.8% and is now trading at $10.61. View which stocks have been mosted impacted by Coronavirus.

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.

TEGNA is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for TEGNA.

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings data on Tuesday, February, 11th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.04. The company had revenue of $693.90 million for the quarter, compared to the consensus estimate of $690.01 million. TEGNA had a net margin of 12.45% and a return on equity of 20.01%. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 earnings per share. View TEGNA's earnings history.

TEGNA announced a quarterly dividend on Thursday, February 20th. Stockholders of record on Friday, March 6th will be given a dividend of $0.07 per share on Wednesday, April 1st. This represents a $0.28 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, March 5th. View TEGNA's dividend history.

TEGNA issued an update on its FY 2019 After-Hours earnings guidance on Thursday, January, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.294-2.299 billion, compared to the consensus revenue estimate of $2.28 billion.

9 analysts have issued 12 month price targets for TEGNA's stock. Their forecasts range from $17.00 to $22.00. On average, they anticipate TEGNA's stock price to reach $19.00 in the next year. This suggests a possible upside of 79.1% from the stock's current price. View analysts' price targets for TEGNA.

News coverage about TGNA stock has trended very positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TEGNA earned a news sentiment score of 3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTEGNA.

Some companies that are related to TEGNA include ViacomCBS (VIAC), Liberty Media Formula One Series C (FWONK), CBS (CBS.A), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), 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).

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).

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

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.

One share of TGNA stock can currently be purchased for approximately $10.61.

TEGNA has a market capitalization of $2.31 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.

The official website for TEGNA is http://www.tegna.com/.

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]