TEGNA (TGNA) Stock Forecast, Price & News

TEGNA (NYSE:TGNA) Frequently Asked Questions

Is TEGNA a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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.

Are investors shorting TEGNA?

TEGNA saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,700,000 shares, an increase of 37.3% from the March 15th total of 5,610,000 shares. Based on an average daily trading volume, of 3,240,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.5% of the company's shares are short sold.
View TEGNA's Short Interest.

When is TEGNA's next earnings date?

TEGNA is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for TEGNA.

How were TEGNA's earnings last quarter?

TEGNA Inc. (NYSE:TGNA) posted its earnings results on Monday, May, 9th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.06. The company had revenue of $774.30 million for the quarter, compared to analyst estimates of $765.83 million. TEGNA had a trailing twelve-month return on equity of 20.19% and a net margin of 16.41%. The company's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS.
View TEGNA's earnings history.

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

TEGNA announced a quarterly dividend on Friday, April 29th. Stockholders of record on Friday, June 3rd will be given a dividend of $0.095 per share on Friday, July 1st. This represents a $0.38 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, June 2nd.
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 1.81%. TEGNA does not yet have a strong track record of dividend growth. The dividend payout ratio of TEGNA is 16.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TEGNA will have a dividend payout ratio of 16.52% 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?

3 Wall Street analysts have issued 12 month price targets for TEGNA's shares. Their forecasts range from $23.00 to $24.00. On average, they expect TEGNA's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 12.1% 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 Paramount Global (PARA), FOX (FOX), Formula One Group (FWONK), Formula One Group (FWONB), Formula One Group (FWONA), 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) and The Liberty Braves Group (BATRA).
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 shareholders include BlackRock Inc. (11.56%), Vanguard Group Inc. (9.97%), Dimensional Fund Advisors LP (3.23%), LSV Asset Management (3.02%), Northern Trust Corp (2.09%) and Segantii Capital Management Ltd (2.00%).
View institutional ownership trends for TEGNA.

Which major investors are selling TEGNA stock?

TGNA stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Victory Capital Management Inc., LSV Asset Management, Vanguard Group Inc., Bank of New York Mellon Corp, Verition Fund Management LLC, BlackRock Inc., and Charles Schwab Investment Management Inc..
View insider buying and selling activity for TEGNA or view top insider-selling stocks.

Which major investors are buying TEGNA stock?

TGNA stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Segantii Capital Management Ltd, Fuller & Thaler Asset Management Inc., Healthcare of Ontario Pension Plan Trust Fund, Allianz Asset Management GmbH, Leeward Investments LLC MA, Gabelli Funds LLC, and Renaissance Technologies LLC.
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 $20.96.

How much money does TEGNA make?

TEGNA has a market capitalization of $4.67 billion and generates $2.99 billion in revenue each year. The company earns $476.95 million in net income (profit) each year or $2.24 on an earnings per share basis.

How many employees does TEGNA have?

TEGNA employs 6,200 workers across the globe.

What is TEGNA's official website?

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

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.