NYSE:TGNA

TEGNA Stock Forecast, Price & News

$20.43
+0.12 (+0.59 %)
(As of 04/14/2021 12:00 AM ET)
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Today's Range
$20.20
Now: $20.43
$20.67
50-Day Range
$17.68
MA: $19.37
$20.62
52-Week Range
$9.66
Now: $20.43
$20.84
Volume1.19 million shs
Average Volume1.87 million shs
Market Capitalization$4.51 billion
P/E Ratio13.99
Dividend Yield1.37%
Beta1.23
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.
TEGNA logo

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryN/A
CUSIPN/A
Phone703-873-6600
Employees6,883
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.30 billion
Cash Flow$2.61 per share
Book Value$7.33 per share

Profitability

Net Income$286.23 million

Miscellaneous

Market Cap$4.51 billion
Next Earnings Date5/10/2021 (Confirmed)
OptionableOptionable

Headlines

TEGNA (NYSE:TGNA) Releases Q1 2021 After-Hours Earnings Guidance
April 14, 2021 |  americanbankingnews.com
TEGNA (NYSE:TGNA) Reaches New 1-Year High at $20.83
April 12, 2021 |  americanbankingnews.com
TEGNA Debuts Twist Entertainment Network
April 5, 2021 |  finance.yahoo.com
Tegna Stock Is Believed To Be Modestly Overvalued
March 31, 2021 |  finance.yahoo.com
TEGNA (NYSE:TGNA) Trading Down 2.8%
March 31, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.87 out of 5 stars

Consumer Discretionary Sector

43rd out of 572 stocks

Television Broadcasting Stations Industry

7th out of 28 stocks

Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$20.43
+0.12 (+0.59 %)
(As of 04/14/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TEGNA (NYSE:TGNA) Frequently Asked Questions

Is TEGNA a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research 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.

What stocks does MarketBeat like better than TEGNA?

Wall Street analysts have given TEGNA a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TEGNA wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TEGNA's next earnings date?

TEGNA is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for TEGNA
.

How can I listen to TEGNA's earnings call?

TEGNA will be holding an earnings conference call on Monday, May 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) released its quarterly earnings data on Monday, March, 1st. The company reported $1.16 earnings per share for the quarter, meeting analysts' consensus estimates of $1.16. The company had revenue of $938 million for the quarter, compared to analyst estimates of $934.10 million. TEGNA had a net margin of 11.97% and a trailing twelve-month return on equity of 21.02%. The firm's quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 earnings per share.
View TEGNA's earnings history
.

How has TEGNA's stock been impacted by Coronavirus (COVID-19)?

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 stock has increased by 27.5% and is now trading at $20.43.
View which stocks have been most impacted by COVID-19
.

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

TEGNA declared a quarterly dividend on Monday, March 29th. Stockholders of record on Friday, June 4th will be paid a dividend of $0.095 per share on Thursday, July 1st. This represents a $0.38 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Thursday, June 3rd. This is an increase from TEGNA's previous quarterly dividend of $0.07.
View TEGNA's dividend history
.

Is TEGNA a good dividend stock?

TEGNA pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.37%. TEGNA does not yet have a strock track record of dividend growth. The dividend payout ratio of TEGNA is 20.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEGNA will have a dividend payout ratio of 16.28% next year. This indicates that TEGNA will be able to sustain or increase its dividend.
View TEGNA's dividend history.

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

TEGNA issued an update on its first quarter 2021 After-Hours earnings guidance on Wednesday, April, 14th. The company provided EPS guidance of 0.52-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.45. The company issued revenue guidance of $727-727 million, compared to the consensus revenue estimate of $711.75 million.

What price target have analysts set for TGNA?

5 equities research analysts have issued twelve-month price objectives for TEGNA's shares. Their forecasts range from $12.00 to $20.00. On average, they anticipate TEGNA's share price to reach $15.50 in the next twelve months. This suggests that the stock has a possible downside of 24.1%.
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?

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), The 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 many different retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%) and State of Alaska Department of Revenue (0.02%).
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 State of Alaska Department of Revenue.
View insider buying and selling activity for TEGNA
or view top insider-selling stocks.

Which institutional investors are buying TEGNA stock?

TGNA stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System.
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.
Compare Top Brokerages Here.

What is TEGNA's stock price today?

One share of TGNA stock can currently be purchased for approximately $20.43.

How much money does TEGNA make?

TEGNA has a market capitalization of $4.51 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.

How many employees does TEGNA have?

TEGNA employs 6,883 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 or via email at [email protected]


This page was last updated on 4/15/2021 by MarketBeat.com Staff
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