NYSE:TGNA - TEGNA Stock Price, Forecast & News

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

TEGNA declared a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Friday, December 6th will be paid a dividend of $0.07 per share on Thursday, January 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, December 5th. View TEGNA's Dividend History.

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings data on Thursday, November, 7th. The company reported $0.27 EPS for the quarter, meeting analysts' consensus estimates of $0.27. The business had revenue of $551.86 million for the quarter, compared to the consensus estimate of $540.52 million. TEGNA had a net margin of 16.15% and a return on equity of 24.84%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 EPS. View TEGNA's Earnings History.

TEGNA is scheduled to release their next quarterly earnings announcement on Friday, March 6th 2020. View Earnings Estimates for TEGNA.

TEGNA updated its FY 2019 After-Hours earnings guidance on Thursday, January, 9th. The company provided earnings per share (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 1 year price targets for TEGNA's stock. Their forecasts range from $17.00 to $21.00. On average, they anticipate TEGNA's share price to reach $18.50 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for 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.

Headlines about TGNA stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TEGNA earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for TEGNA.

TEGNA saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 14,400,000 shares, an increase of 6.2% from the December 15th total of 13,560,000 shares. Based on an average daily volume of 1,590,000 shares, the short-interest ratio is currently 9.1 days. Approximately 6.7% of the shares of the stock are short sold. View TEGNA's Current Options Chain.

Some companies that are related to TEGNA include ViacomCBS (VIAC), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Grupo Televisa SAB (TV), Nexstar Media Group (NXST), Tribune (TRCO), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Gray Television (GTN.A), Television Francaise 1 (TVFCF), E. W. Scripps (SSP), Central European Media Enterprises (CETV) 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), Procter & Gamble (PG), Verizon Communications (VZ), Intel (INTC), Starbucks (SBUX), Chevron (CVX), General Electric (GE), AT&T (T), Walmart (WMT) and Netflix (NFLX).

TEGNA's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tocqueville Asset Management L.P. (0.35%), Bowling Portfolio Management LLC (0.04%), Nisa Investment Advisors LLC (0.03%), Assenagon Asset Management S.A. (0.02%), State of Alaska Department of Revenue (0.02%) and Ackerman Capital Advisors LLC (0.01%). Company insiders that own TEGNA stock include Lynn B Trelstad and Neal Shapiro. View Institutional Ownership Trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bowling Portfolio Management LLC, Atlantic Union Bankshares Corp and State of Alaska Department of Revenue. View Insider Buying and Selling for TEGNA.

TGNA stock was bought by a variety of institutional investors in the last quarter, including Ackerman Capital Advisors LLC, Tocqueville Asset Management L.P. and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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.

One share of TGNA stock can currently be purchased for approximately $18.06.

TEGNA has a market capitalization of $3.92 billion and generates $2.21 billion in revenue each year. The company earns $405.67 million in net income (profit) each year or $1.83 on an earnings per share basis. TEGNA employs 5,336 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]