S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bank Accounts: Frozen! (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bank Accounts: Frozen! (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bank Accounts: Frozen! (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
Bank Accounts: Frozen! (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
Buy THIS stock before Taiwan is attacked (Ad)
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
NYSE:TGNA

TEGNA - TGNA Stock Forecast, Price & News

$16.91
+0.28 (+1.68%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$16.63
▼
$17.05
50-Day Range
$15.32
▼
$21.84
52-Week Range
$15.09
▼
$22.74
Volume
1.94 million shs
Average Volume
1.89 million shs
Market Capitalization
$3.78 billion
P/E Ratio
6.02
Dividend Yield
2.25%
Price Target
$20.00

TEGNA MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.3% Upside
$20.00 Price Target
Short Interest
Healthy
1.89% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of TEGNA in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
60.00%
From $1.75 to $2.80 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.66 out of 5 stars

Consumer Discretionary Sector

53rd out of 264 stocks

Television Broadcasting Stations Industry

4th out of 14 stocks

See Top Rated MarketRank™ Stocks Here

TGNA stock logo

About TEGNA (NYSE:TGNA) Stock

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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TGNA Stock News Headlines

March 28, 2023 | marketbeat.com
Don't Be Fooled by These 3 Value Traps (TGNA)
Approximately one out of every ten U.S. listed stocks have a positive P/E ratio less than 10. Some are justifiably cheap; others are merely fool’s gold.
March 30, 2023 | americanbankingnews.com
TEGNA (NYSE:TGNA) Price Target Lowered to $18.00 at Wells Fargo & Company
April 1, 2023 | Vantage Point (Ad)
What’s At Stake In April is Shocking
The Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. pixel
March 29, 2023 | finance.yahoo.com
TEGNA Inc. (TGNA) Down 8.6% Since Last Earnings Report: Can It Rebound?
March 24, 2023 | finance.yahoo.com
Investing in TEGNA (NYSE:TGNA) five years ago would have delivered you a 52% gain
March 23, 2023 | msn.com
Standard General’s Soo Kim: FCC Hearing Designation Is Tegna Deal ‘Kill Shot’
March 4, 2023 | finance.yahoo.com
Should You Buy TEGNA Inc. (NYSE:TGNA) For Its Upcoming Dividend?
March 1, 2023 | finance.yahoo.com
TEGNA Full Year 2022 Earnings: EPS Beats Expectations
April 1, 2023 | Vantage Point (Ad)
What’s At Stake In April is Shocking
The Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. pixel
February 27, 2023 | finance.yahoo.com
TEGNA Inc. Reports Fourth Quarter and Full-Year 2022 Results
February 26, 2023 | finance.yahoo.com
TEGNA's (NYSE:TGNA) Dividend Will Be $0.095
February 2, 2023 | msn.com
Marshall Broadcasting Backs Tegna Deal
January 24, 2023 | msn.com
Standard General’s Soo Kim Still Confident Of Tegna Deal Approval
January 24, 2023 | msn.com
Standard General's Soo Kim optimistic talks with regulators on Tegna closer to end than beginning
January 16, 2023 | msn.com
Standard General sends letter to Elizabeth Warren on Tegna deal, requests meeting (update)
December 9, 2022 | finance.yahoo.com
TEGNA Inc. (TGNA) Up 3.4% Since Last Earnings Report: Can It Continue?
November 28, 2022 | reuters.com
TGNA.N - Tegna Inc | Stock Price & Latest News | Reuters
November 10, 2022 | finance.yahoo.com
TEGNA (TGNA) Q3 Earnings Lag Estimates, Revenues Rise Y/Y
November 9, 2022 | finance.yahoo.com
TEGNA Inc. (TGNA) Q3 Earnings and Revenues Miss Estimates
October 22, 2022 | nasdaq.com
TEGNA Breaks Above 200-Day Moving Average - Bullish for TGNA
October 18, 2022 | msn.com
Standard General’s Soo Kim Brands Tegna Deal Criticism as Racist, Sexist
October 17, 2022 | finance.yahoo.com
Standard General’s Soo Kim Responds to Ad Hominem Attacks in Federal Communications Commission’s TEGNA Proceeding
October 8, 2022 | reuters.com
Ex-media exec Elisabeth Kimmel disbarred over role in 'Varsity Blues' scandal - Reuters
October 7, 2022 | seekingalpha.com
Pelosi Pallone send letter to FCC on concerns about Tegna sale (NYSE:TGNA) - Seeking Alpha
October 6, 2022 | reuters.com
U.S. House Speaker raises 'serious concerns' about $5.4 bln Tegna deal - Reuters
October 6, 2022 | bloomberg.com
Nancy Pelosi Urges FCC to Scrutinize $5.4 Billion Takeover of Broadcaster Tegna - Bloomberg
October 6, 2022 | nasdaq.com
U.S. House Speaker raises 'serious concerns' about $5.4 bln Tegna deal - Nasdaq
See More Headlines
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TGNA Company Calendar

Ex-Dividend for 1/3 Dividend
12/08/2022
Dividend Payable
1/03/2023
Last Earnings
2/27/2023
Ex-Dividend for 4/3 Dividend
3/09/2023
Today
4/01/2023
Dividend Payable
4/03/2023
Next Earnings (Estimated)
5/08/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Television broadcasting stations
Sub-Industry
N/A
Sector
Consumer Discretionary
Current Symbol
NYSE:TGNA
CUSIP
N/A
CIK
39899
Web
www.tegna.com
Phone
703-873-6600
Fax
703-854-2053
Employees
6,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.00
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+18.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.81
Trailing P/E Ratio
6.02
Forward P/E Ratio
9.66
P/E Growth
N/A
Net Income
$630.47 million
Net Margins
19.23%
Pretax Margin
25.42%
Return on Equity
22.51%
Return on Assets
9.01%

Debt

Debt-to-Equity Ratio
1.00
Current Ratio
3.33
Quick Ratio
3.33

Sales & Book Value

Annual Sales
$3.28 billion
Price / Sales
1.15
Cash Flow
$3.56 per share
Price / Cash Flow
4.75
Book Value
$13.76 per share
Price / Book
1.23

Miscellaneous

Outstanding Shares
223,550,000
Free Float
221,406,000
Market Cap
$3.78 billion
Optionable
Optionable
Beta
0.63

Key Executives

  • Mr. David T. Lougee (Age 59)
    Pres, CEO & Director
  • Ms. Victoria Dux Harker (Age 53)
    Exec. VP & CFO
  • Mr. Todd A. Mayman (Age 58)
    Exec. VP, Chief Legal & Admin. Officer
  • Ms. Lynn Beall Trelstad (Age 57)
    EVP & COO of Media Operations
  • Mr. Clifton A. McClelland III (Age 48)
    Sr. VP, Principal Accounting Officer & Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













TGNA Stock - Frequently Asked Questions

Should I buy or sell TEGNA stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TGNA shares.
View TGNA analyst ratings or view top-rated stocks.

What is TEGNA's stock price forecast for 2023?

4 Wall Street research analysts have issued 12-month price objectives for TEGNA's stock. Their TGNA share price forecasts range from $18.00 to $22.00. On average, they predict the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for TGNA or view top-rated stocks among Wall Street analysts.

How have TGNA shares performed in 2023?

TEGNA's stock was trading at $21.19 on January 1st, 2023. Since then, TGNA shares have decreased by 20.2% and is now trading at $16.91.
View the best growth stocks for 2023 here.

Are investors shorting TEGNA?

TEGNA saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 4,220,000 shares, a decline of 15.9% from the February 28th total of 5,020,000 shares. Based on an average trading volume of 2,180,000 shares, the short-interest ratio is presently 1.9 days.
View TEGNA's Short Interest.

When is TEGNA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our TGNA earnings forecast.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings results on Monday, February, 27th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.08. The firm had revenue of $917.30 million for the quarter, compared to analysts' expectations of $944.90 million. TEGNA had a trailing twelve-month return on equity of 22.51% and a net margin of 19.23%. The firm's revenue for the quarter was up 18.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.57 earnings per share.

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

TEGNA declared a quarterly dividend on Wednesday, February 22nd. Investors of record on Friday, March 10th will be paid a dividend of $0.095 per share on Monday, April 3rd. This represents a $0.38 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Thursday, March 9th.
Read our dividend analysis for TGNA.

What ETFs hold TEGNA's stock?

ETFs with the largest weight of TEGNA (NYSE:TGNA) stock in their portfolio include Formidable ETF (FORH), AltShares Event-Driven ET (EVNT), First Trust Merger Arbitrage ETF (MARB), Invesco Dynamic Media ETF (PBS), Global X Adaptive US Factor ETF (AUSF), AltShares Merger Arbitrage ETF (ARB), Invesco S&P MidCap Value with Momentum ETF (XMVM) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Is TEGNA a good dividend stock?

TEGNA (NYSE:TGNA) pays an annual dividend of $0.38 per share and currently has a dividend yield of 2.34%. The dividend payout ratio is 13.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGNA will have a dividend payout ratio of 13.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGNA.

What is Dave Lougee's approval rating as TEGNA's CEO?

50 employees have rated TEGNA Chief Executive Officer Dave Lougee on Glassdoor.com. Dave Lougee has an approval rating of 80% among the company's employees.

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), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T) and Starbucks (SBUX).

What is TEGNA's stock symbol?

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

How do I buy shares of TEGNA?

Shares of TGNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TEGNA's stock price today?

One share of TGNA stock can currently be purchased for approximately $16.91.

How much money does TEGNA make?

TEGNA (NYSE:TGNA) has a market capitalization of $3.78 billion and generates $3.28 billion in revenue each year. The company earns $630.47 million in net income (profit) each year or $2.81 on an earnings per share basis.

How many employees does TEGNA have?

The company employs 6,300 workers across the globe.

How can I contact TEGNA?

TEGNA's mailing address is 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102. The official website for the company is www.tegna.com. The company can be reached via phone at 703-873-6600, via email at dkuckelman@tegna.com, or via fax at 703-854-2053.

This page (NYSE:TGNA) was last updated on 4/1/2023 by MarketBeat.com Staff