S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NYSE:TGNA

TEGNA Stock Forecast, Price & News

$20.04
+0.62 (+3.19%)
(As of 12/2/2021 04:00 PM ET)
Add
Compare
Today's Range
$19.46
$20.24
50-Day Range
$17.26
$21.62
52-Week Range
$13.05
$22.09
Volume
1.25 million shs
Average Volume
1.52 million shs
Market Capitalization
$4.43 billion
P/E Ratio
7.48
Dividend Yield
1.96%
Beta
1.13
30 days | 90 days | 365 days | Advanced Chart
Receive TGNA News and Ratings via Email

Sign-up to receive the latest news and ratings for TEGNA and its competitors with MarketBeat's FREE daily newsletter.


TEGNA logo

About TEGNA

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.

Headlines

TGNA vs. ROKU: Which Stock Is the Better Value Option?
December 1, 2021 |  finance.yahoo.com
TEGNA Inc. (NYSE:TGNA) Short Interest Update
November 18, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
N/A
Employees
6,430
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.94 billion
Cash Flow
$2.86 per share
Book Value
$10.94 per share

Profitability

Net Income
$482.78 million
Pretax Margin
24.77%

Debt

Price-To-Earnings

Miscellaneous

Free Float
220,219,000
Market Cap
$4.43 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/02/2021
Dividend Payable
10/01/2021
Last Earnings
11/04/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/07/2022

MarketRank

Overall MarketRank

2.79 out of 5 stars

Consumer Discretionary Sector

45th out of 388 stocks

Television Broadcasting Stations Industry

7th out of 20 stocks

Analyst Opinion: 1.8Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -












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.

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.
Compare Top Brokerages Here.

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?

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.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.