NYSE:TGNATEGNA Stock Price, Forecast & News

TEGNA's stock was trading at $16.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGNA shares have decreased by 23.8% and is now trading at $12.21.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TEGNA.

TEGNA is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for TEGNA.

TEGNA Inc. (NYSE:TGNA) announced its quarterly earnings data on Monday, August, 10th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.01. The firm earned $577.60 million during the quarter, compared to analysts' expectations of $571.21 million. TEGNA had a net margin of 12.10% and a return on equity of 21.17%. The firm's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 earnings per share.
View TEGNA's earnings history.

TEGNA declared a quarterly dividend on Thursday, July 23rd. Investors of record on Friday, September 4th will be given a dividend of $0.07 per share on Thursday, October 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, September 3rd.
View TEGNA's dividend history.

8 Wall Street analysts have issued 12 month price targets for TEGNA's shares. Their forecasts range from $12.00 to $21.00. On average, they anticipate TEGNA's share price to reach $15.43 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price.
View analysts' price targets for TEGNA.

News stories about TGNA stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, 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 next several days.
View the latest news about TEGNA.

TEGNA saw a drop in short interest in May. As of May 29th, there was short interest totaling 8,050,000 shares, a drop of 19.8% from the May 14th total of 10,040,000 shares. Based on an average daily trading volume, of 3,550,000 shares, the short-interest ratio is presently 2.3 days.
View TEGNA's Short Interest.

Some companies that are related to TEGNA include Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Nexstar Media Group (NXST), Grupo Televisa SAB (TV), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Gray Television (GTN.A), Central European Media Enterprises (CETV), E. W. Scripps (SSP), Television Francaise 1 (TVFCF), Liberty Braves Group Series A (BATRA), Entravision Communication (EVC) 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), Metlife (MET), Netflix (NFLX), AT&T (T), Alphabet (GOOG), Walt Disney (DIS), Brighthouse Financial (BHF), QUALCOMM (QCOM), Gray Television (GTN) and Procter & Gamble (PG).

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 shareholders include LSV Asset Management (3.82%), Macquarie Group Ltd. (1.84%), FMR LLC (1.83%), Bank of New York Mellon Corp (1.80%), Goldman Sachs Group Inc. (1.00%) and Grantham Mayo Van Otterloo & Co. LLC (0.88%).
View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State of Michigan Retirement System, FMR LLC, Grantham Mayo Van Otterloo & Co. LLC, Alberta Investment Management Corp, Personal Resources Investment & Strategic Management Inc., First Trust Advisors LP, and Gabelli Funds LLC.
View insider buying and selling activity for TEGNA.

TGNA stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., LSV Asset Management, Victory Capital Management Inc., Cove Street Capital LLC, State of Wisconsin Investment Board, Marshall Wace North America L.P., Marshall Wace LLP, and Natixis Advisors L.P..
View insider buying and selling activity 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 $12.21.

TEGNA has a market capitalization of $2.67 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.

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

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]