TEGNA Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TEGNA stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGNA, but not buy additional shares or sell existing shares.
View analyst ratings for TEGNA or view top-rated stocks.

Wall Street analysts have given TEGNA a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but TEGNA wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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TEGNA is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for TEGNA.

TEGNA will be holding an earnings conference call on Monday, August 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 719-457-0820 with passcode "9878379".

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings data on Monday, May, 10th. The company reported $0.52 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.52. The company earned $727.05 million during the quarter, compared to the consensus estimate of $713.59 million. TEGNA had a trailing twelve-month return on equity of 27.57% and a net margin of 17.08%. The company's revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.43 EPS.
View TEGNA's earnings history.

TEGNA's stock was trading at $16.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TGNA stock has increased by 8.9% and is now trading at $17.45.
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TEGNA announced a quarterly dividend on Friday, July 23rd. Stockholders of record on Friday, September 3rd will be given a dividend of $0.095 per share on Friday, October 1st. This represents a $0.38 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Thursday, September 2nd.
View TEGNA's dividend history.

TEGNA pays an annual dividend of $0.38 per share and currently has a dividend yield of 2.20%. TEGNA does not yet have a strong track record of dividend growth. The dividend payout ratio of TEGNA is 16.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEGNA will have a dividend payout ratio of 13.29% next year. This indicates that TEGNA will be able to sustain or increase its dividend.
View TEGNA's dividend history.

TEGNA updated its first quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 0.520-0.520 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.450. The company issued revenue guidance of $727 million-$727 million, compared to the consensus revenue estimate of $711.75 million.

3 analysts have issued 1-year price targets for TEGNA's stock. Their forecasts range from $20.00 to $20.00. On average, they expect TEGNA's share price to reach $20.00 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts' price targets for TEGNA or view top-rated stocks among Wall Street analysts.

50 employees have rated TEGNA CEO Dave Lougee on Glassdoor.com. Dave Lougee has an approval rating of 80% among TEGNA's employees.

Some companies that are related to TEGNA include Formula One Group (FWONB), Formula One Group (FWONK), Formula One Group (FWONA), Grupo Televisa, S.A.B. (TV), Nexstar Media Group (NXST), ProSiebenSat.1 Media (PBSFY), Sinclair Broadcast Group (SBGI), Télévision Française 1 Société anonyme (TVFCF), Gray Television (GTN), Gray Television (GTN.A), The E.W. Scripps (SSP), Entravision Communications (EVC), Television Broadcasts (TVBCY), The Liberty Braves Group (BATRA) and Phoenix New Media (FENG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Pfizer (PFE), The Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T) and Starbucks (SBUX).

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

TEGNA's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (1.29%), Oregon Public Employees Retirement Fund (0.03%), New Mexico Educational Retirement Board (0.02%), Brookstone Capital Management (0.01%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).
View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P..
View insider buying and selling activity for TEGNA or view top insider-selling stocks.

TGNA stock was purchased by a variety of institutional investors in the last quarter, including Brookstone Capital Management, New Mexico Educational Retirement Board, Oregon Public Employees Retirement Fund, and Harel Insurance Investments & Financial Services Ltd..
View insider buying and selling activity for TEGNA or or view top insider-buying stocks.

Shares of TGNA 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.
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One share of TGNA stock can currently be purchased for approximately $17.45.

TEGNA has a market capitalization of $3.85 billion and generates $2.94 billion in revenue each year. The company earns $482.78 million in net income (profit) each year or $2.30 on an earnings per share basis.

TEGNA employs 6,430 workers across the globe.

The official website for TEGNA is www.tegna.com.

TEGNA is headquartered at 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102.

TEGNA's mailing address is 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102. The company can be reached via phone at 703-873-6600 or via email at [email protected]