Log in

NYSE:TGNA - TEGNA Stock Price, Forecast & News

$13.21
-0.25 (-1.86 %)
(As of 03/29/2020 07:54 AM ET)
Today's Range
$12.53
Now: $13.21
$13.45
50-Day Range
$11.75
MA: $15.69
$17.90
52-Week Range
$10.66
Now: $13.21
$18.31
Volume3.81 million shs
Average Volume4.86 million shs
Market Capitalization$2.88 billion
P/E Ratio10.08
Dividend Yield2.08%
Beta1.44
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
TEGNA logo

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$2.30 billion
Cash Flow$1.86 per share
Book Value$7.33 per share

Profitability

Net Income$286.23 million

Miscellaneous

Employees6,883
Market Cap$2.88 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.


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 reached pandemic status according to the World Health Organization (WHO). Since then, TGNA stock has decreased by 17.5% and is now trading at $13.21. View which stocks have been mosted 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) posted its earnings results on Tuesday, February, 11th. The company reported $0.47 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.04. The company had revenue of $693.90 million for the quarter, compared to analysts' expectations of $690.01 million. TEGNA had a return on equity of 20.01% and a net margin of 12.45%. TEGNA's revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm 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. Investors 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 2.12%. The ex-dividend date is Thursday, March 5th. View TEGNA's dividend history.

What guidance has TEGNA issued on next quarter's earnings?

TEGNA issued an update on 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.

What price target have analysts set for TGNA?

9 Wall Street analysts have issued 12 month price objectives for TEGNA's shares. Their forecasts range from $17.00 to $22.00. On average, they expect TEGNA's stock price to reach $19.00 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View analysts' price targets for TEGNA.

Has TEGNA been receiving favorable news coverage?

Press coverage about TGNA stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TEGNA earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTEGNA.

Are investors shorting TEGNA?

TEGNA saw a increase in short interest in the month of February. As of February 14th, there was short interest totaling 14,090,000 shares, an increase of 7.9% from the January 30th total of 13,060,000 shares. Based on an average trading volume of 1,920,000 shares, the short-interest ratio is currently 7.3 days. Currently, 6.5% of the company's shares are sold short. View TEGNA's Current Options Chain.

Who are some of TEGNA's key competitors?

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 Roku (ROKU).

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 a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.58%), New South Capital Management Inc. (4.44%), AQR Capital Management LLC (3.40%), LSV Asset Management (3.21%), Ariel Investments LLC (2.92%) and FMR LLC (2.17%). 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 UBS Group AG, AQR Capital Management LLC, Bank of New York Mellon Corp, Man Group plc, Schroder Investment Management Group, Robeco Institutional Asset Management B.V., Martingale Asset Management L P, and Cove Street Capital LLC. View insider buying and selling activity for TEGNA.

Which major investors are buying TEGNA stock?

TGNA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, State of Michigan Retirement System, FMR LLC, California Public Employees Retirement System, Barrow Hanley Mewhinney & Strauss LLC, W.E. Donoghue & Co. LLC, Prudential Financial Inc., and Schonfeld Strategic Advisors LLC. 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 $13.21.

How big of a company is TEGNA?

TEGNA has a market capitalization of $2.88 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]


MarketBeat Community Rating for TEGNA (NYSE TGNA)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  476 (Vote Underperform)
Total Votes:  902
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 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel