TEGNA Stock Forecast, Price & News

TEGNA (NYSE:TGNA) Frequently Asked Questions

Is TEGNA a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 1 sell rating and 1 hold rating 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.

How has TEGNA's stock been impacted by Coronavirus?

TEGNA's stock was trading at $16.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TGNA stock has increased by 25.1% and is now trading at $20.04.
View which stocks have been most impacted by COVID-19.

Are investors shorting TEGNA?

TEGNA saw a decline in short interest in the month of October. As of October 29th, there was short interest totaling 3,110,000 shares, a decline of 38.9% from the October 14th total of 5,090,000 shares. Based on an average daily trading volume, of 1,600,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.4% of the company's shares are sold short.
View TEGNA's Short Interest.

When is TEGNA's next earnings date?

TEGNA is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for TEGNA.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings data on Thursday, November, 4th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.06. The company had revenue of $756 million for the quarter, compared to the consensus estimate of $746.88 million. TEGNA had a trailing twelve-month return on equity of 27.31% and a net margin of 18.76%. The firm's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the business earned $0.59 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, October 28th. Investors of record on Friday, December 10th will be paid a dividend of $0.095 per share on Monday, January 3rd. This represents a $0.38 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, December 9th.
View TEGNA's dividend history.

Is TEGNA a good dividend stock?

TEGNA pays an annual dividend of $0.38 per share and currently has a dividend yield of 1.96%. TEGNA has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of TEGNA is 14.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEGNA will have a dividend payout ratio of 13.15% next year. This indicates that TEGNA will be able to sustain or increase its dividend.
View TEGNA's dividend history.

What price target have analysts set for TGNA?

2 brokerages have issued 1 year target prices for TEGNA's shares. Their forecasts range from $23.00 to $23.00. On average, they anticipate TEGNA's share price to reach $23.00 in the next year. This suggests a possible upside of 14.8% from the stock's current price.
View analysts' price targets for TEGNA or view top-rated stocks among Wall Street analysts.

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

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

Who are some of TEGNA's key competitors?

Some companies that are related to TEGNA include Formula One Group (FWONK), Formula One Group (FWONA), Formula One Group (FWONB), Nexstar Media Group (NXST), Grupo Televisa, S.A.B. (TV), ProSiebenSat.1 Media (PBSFY), Télévision Française 1 Société anonyme (TVFCF), Gray Television (GTN), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A), E.W. Scripps (SSP), Entravision Communications (EVC), The Liberty Braves Group (BATRA), Television Broadcasts (TVBCY) and Phoenix New Media (FENG).
View all of TGNA's 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), 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."

Who are TEGNA's major shareholders?

TEGNA's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.59%), Boston Partners (5.35%), LSV Asset Management (3.74%), New South Capital Management Inc. (3.43%), Dimensional Fund Advisors LP (3.15%) and Macquarie Group Ltd. (1.93%).
View institutional ownership trends for TEGNA.

Which institutional investors are selling TEGNA stock?

TGNA stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Wellington Management Group LLP, New South Capital Management Inc., Renaissance Technologies LLC, Jupiter Asset Management Ltd., BlackRock Inc., Schroder Investment Management Group, and Russell Investments Group Ltd..
View insider buying and selling activity for TEGNA or view top insider-selling stocks.

Which institutional investors are buying TEGNA stock?

TGNA stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Madison Avenue Partners LP, Dimensional Fund Advisors LP, Balyasny Asset Management LLC, Balyasny Asset Management LLC, Man Group plc, Hudson Bay Capital Management LP, and Jet Capital Investors L P.
View insider buying and selling activity for TEGNA or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is TEGNA's stock price today?

One share of TGNA stock can currently be purchased for approximately $20.04.

How much money does TEGNA make?

TEGNA has a market capitalization of $4.43 billion and generates $2.94 billion in revenue each year. The company earns $482.78 million in net income (profit) each year or $2.68 on an earnings per share basis.

How many employees does TEGNA have?

TEGNA employs 6,430 workers across the globe.

What is TEGNA's official website?

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

Where are TEGNA's headquarters?

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

How can I contact TEGNA?

TEGNA's mailing address is 8350 BROAD STREET SUITE 2000, TYSONS VA, 22102. The company can be reached via phone at 703-873-6600, via email at [email protected], or via fax at 703-854-2053.