NYSE:TGNATEGNA Stock Price, Forecast & News

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 decreased by 25.3% and is now trading at $11.9650.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 4 hold ratings and 4 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 Monday, August 10th 2020.
View our earnings forecast for TEGNA.

TEGNA Inc. (NYSE:TGNA) issued its quarterly earnings results on Thursday, May, 7th. The company reported $0.43 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.43. The business earned $684.20 million during the quarter, compared to the consensus estimate of $684 million. TEGNA had a return on equity of 21.17% and a net margin of 12.10%. TEGNA's revenue was up 32.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.29 EPS.
View TEGNA's earnings history.

TEGNA announced a quarterly dividend on Thursday, July 23rd. Shareholders 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 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Thursday, September 3rd.
View TEGNA's dividend history.

8 brokerages have issued 1-year price objectives 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 year. This suggests a possible upside of 28.9% from the stock's current price.
View analysts' price targets for TEGNA.

Media stories about TGNA stock have been trending very positive on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TEGNA earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about TEGNA.

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), Television Francaise 1 (TVFCF), E. W. Scripps (SSP), Liberty Braves Group Series A (BATRA), Phoenix New Media (FENG) and Entravision Communication (EVC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Metlife (MET), AT&T (T), Netflix (NFLX), Walt Disney (DIS), Alphabet (GOOG), Brighthouse Financial (BHF), Comcast (CMCSA), Discovery Communications (DISCA) and Gray Television (GTN).

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 LSV Asset Management (3.82%), Foundry Partners LLC (0.64%), Victory Capital Management Inc. (0.56%), Principal Financial Group Inc. (0.35%), Mutual of America Capital Management LLC (0.30%) and New York State Common Retirement Fund (0.26%).
View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Personal Resources Investment & Strategic Management Inc., First Trust Advisors LP, Envestnet Asset Management Inc., Seizert Capital Partners LLC, Strs Ohio, Hancock Whitney Corp, and Texas Permanent School Fund.
View insider buying and selling activity for TEGNA.

TGNA stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Victory Capital Management Inc., Robeco Institutional Asset Management B.V., Mackay Shields LLC, Mutual of America Capital Management LLC, New York State Common Retirement Fund, Foundry Partners LLC, and Swiss National Bank.
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 $11.97.

TEGNA has a market capitalization of $2.61 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]