NYSE:TGNA - TEGNA Stock Price, News, & Analysis

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$12.27 +0.03 (+0.25 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$12.27
Today's Range$12.22 - $12.42
52-Week Range$10.00 - $14.24
Volume1.50 million shs
Average Volume1.75 million shs
Market Capitalization$2.64 billion
P/E Ratio11.36
Dividend Yield2.29%
Beta1.53
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.

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Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone703-854-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.90 billion
Cash Flow$1.7529 per share
Book Value$4.62 per share

Profitability

Net Income$273.74 million

Miscellaneous

Employees5,283
Market Cap$2.64 billion
OptionableOptionable

TEGNA (NYSE:TGNA) Frequently Asked Questions

What is TEGNA's stock symbol?

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

How often does TEGNA pay dividends? What is the dividend yield for TEGNA?

TEGNA announced a quarterly dividend on Monday, October 29th. Stockholders of record on Friday, December 7th will be given a dividend of $0.07 per share on Wednesday, January 2nd. This represents a $0.28 annualized dividend and a dividend yield of 2.28%. The ex-dividend date is Thursday, December 6th. View TEGNA's Dividend History.

How will TEGNA's stock buyback program work?

TEGNA declared that its Board of Directors has authorized a stock buyback plan on Wednesday, September 20th 2017, which authorizes the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 11.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) released its quarterly earnings data on Tuesday, August, 7th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.35 by $0.01. The firm had revenue of $524.08 million for the quarter, compared to the consensus estimate of $516.52 million. TEGNA had a net margin of 26.46% and a return on equity of 28.02%. View TEGNA's Earnings History.

When is TEGNA's next earnings date?

TEGNA is scheduled to release their next quarterly earnings announcement on Friday, March 1st 2019. View Earnings Estimates for TEGNA.

How can I listen to TEGNA's earnings call?

TEGNA will be holding an earnings conference call on Friday, March 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883948218.

What price target have analysts set for TGNA?

11 Wall Street analysts have issued 12-month price targets for TEGNA's shares. Their forecasts range from $11.00 to $17.00. On average, they expect TEGNA's share price to reach $14.30 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for TEGNA.

What is the consensus analysts' recommendation for TEGNA?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TEGNA.

Has TEGNA been receiving favorable news coverage?

Media coverage about TGNA stock has been trending positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TEGNA earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of TEGNA's key competitors?

Who are TEGNA's key executives?

TEGNA's management team includes the folowing 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)

Who are TEGNA's major shareholders?

TEGNA's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.81%), New South Capital Management Inc. (4.87%), Diamond Hill Capital Management Inc. (2.84%), LSV Asset Management (2.51%), Northern Trust Corp (2.49%) and Dimensional Fund Advisors LP (2.27%). Company insiders that own TEGNA stock include Clifton A Mcclelland III, Howard D Elias, John A Williams, Lynn B Trelstad, Neal Shapiro, Todd A Mayman and William A Behan. View Institutional Ownership Trends for TEGNA.

Which major investors are selling TEGNA stock?

TGNA stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Victory Capital Management Inc., New South Capital Management Inc., Prudential Financial Inc., Smead Capital Management Inc., Pinnacle Associates Ltd., Canada Pension Plan Investment Board and Highbridge Capital Management LLC. Company insiders that have sold TEGNA company stock in the last year include Lynn B Trelstad and Neal Shapiro. View Insider Buying and Selling for TEGNA.

Which major investors are buying TEGNA stock?

TGNA stock was bought by a variety of institutional investors in the last quarter, including Northern Trust Corp, Oregon Public Employees Retirement Fund, Millennium Management LLC, Brandywine Global Investment Management LLC, BlackRock Inc., Gotham Asset Management LLC, Dimensional Fund Advisors LP and LSV Asset Management. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is TEGNA's stock price today?

One share of TGNA stock can currently be purchased for approximately $12.27.

How big of a company is TEGNA?

TEGNA has a market capitalization of $2.64 billion and generates $1.90 billion in revenue each year. The company earns $273.74 million in net income (profit) each year or $1.08 on an earnings per share basis. TEGNA employs 5,283 workers across the globe.

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]


MarketBeat Community Rating for TEGNA (NYSE TGNA)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  420 (Vote Underperform)
Total Votes:  757
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.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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