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 (WHO). Since then, TGNA shares have decreased by 33.9% and is now trading at $10.59. View which stocks have been most impacted by Coronavirus.

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 will be holding an earnings conference call on Monday, August 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.

TEGNA Inc. (NYSE:TGNA) announced its quarterly earnings data on Thursday, May, 7th. The company reported $0.43 earnings per share for the quarter, hitting the consensus estimate of $0.43. The firm had revenue of $684.20 million for the quarter, compared to analysts' expectations of $684 million. TEGNA had a net margin of 12.10% and a return on equity of 21.17%. The firm's revenue for the quarter was up 32.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. View TEGNA's earnings history.

TEGNA announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, June 5th will be paid a dividend of $0.07 per share on Wednesday, July 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, June 4th. View TEGNA's dividend history.

TEGNA issued an update on its first quarter earnings guidance on Monday, April, 20th. The company provided earnings per share guidance of $0.43 for the period, compared to the Thomson Reuters consensus estimate of $0.39. The company issued revenue guidance of ~$684 million, compared to the consensus revenue estimate of $685.17 million.

8 Wall Street analysts have issued 12 month target prices for TEGNA's stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate TEGNA's share price to reach $15.43 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price. View analysts' price targets for TEGNA.

News articles about TGNA stock have been trending positive recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TEGNA earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company'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), CBS (CBS.A), 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) and Phoenix New Media (FENG). View all competitors.

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 many different retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.02%) and Envestnet Asset Management Inc. (0.02%). View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for TEGNA.

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.

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 $10.59.

TEGNA has a market capitalization of $2.31 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]