NYSE:TGNA - TEGNA Stock Price, Forecast & News

TEGNA's stock was trading at $16.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TGNA stock has decreased by 17.5% and is now trading at $13.21. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 3 hold ratings and 6 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 Thursday, May 14th 2020. View our earnings forecast for TEGNA.

TEGNA Inc. (NYSE:TGNA) posted its earnings results on Tuesday, February, 11th. The company reported $0.47 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.04. The company had revenue of $693.90 million for the quarter, compared to analysts' expectations of $690.01 million. TEGNA had a return on equity of 20.01% and a net margin of 12.45%. TEGNA's revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $0.74 EPS. View TEGNA's earnings history.

TEGNA declared a quarterly dividend on Thursday, February 20th. Investors of record on Friday, March 6th will be given a dividend of $0.07 per share on Wednesday, April 1st. This represents a $0.28 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, March 5th. View TEGNA's dividend history.

TEGNA issued an update on its FY 2019 After-Hours earnings guidance on Thursday, January, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.294-2.299 billion, compared to the consensus revenue estimate of $2.28 billion.

9 Wall Street analysts have issued 12 month price objectives for TEGNA's shares. Their forecasts range from $17.00 to $22.00. On average, they expect TEGNA's stock price to reach $19.00 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View analysts' price targets for TEGNA.

Press coverage about TGNA stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TEGNA earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term. View the latest news aboutTEGNA.

TEGNA saw a increase in short interest in the month of February. As of February 14th, there was short interest totaling 14,090,000 shares, an increase of 7.9% from the January 30th total of 13,060,000 shares. Based on an average trading volume of 1,920,000 shares, the short-interest ratio is currently 7.3 days. Currently, 6.5% of the company's shares are sold short. View TEGNA's Current Options Chain.

Some companies that are related to TEGNA include ViacomCBS (VIAC), Liberty Media Formula One Series C (FWONK), CBS (CBS.A), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Grupo Televisa SAB (TV), Nexstar Media Group (NXST), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Gray Television (GTN.A), Television Francaise 1 (TVFCF), Central European Media Enterprises (CETV), E. W. Scripps (SSP) and Liberty Braves Group Series A (BATRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Netflix (NFLX), AT&T (T), Metlife (MET), Walt Disney (DIS), Alphabet (GOOG), Verizon Communications (VZ), Las Vegas Sands (LVS), Brighthouse Financial (BHF) and Roku (ROKU).

TEGNA trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGNA."

TEGNA's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.58%), New South Capital Management Inc. (4.44%), AQR Capital Management LLC (3.40%), LSV Asset Management (3.21%), Ariel Investments LLC (2.92%) and FMR LLC (2.17%). View institutional ownership trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, AQR Capital Management LLC, Bank of New York Mellon Corp, Man Group plc, Schroder Investment Management Group, Robeco Institutional Asset Management B.V., Martingale Asset Management L P, and Cove Street Capital LLC. View insider buying and selling activity for TEGNA.

TGNA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, State of Michigan Retirement System, FMR LLC, California Public Employees Retirement System, Barrow Hanley Mewhinney & Strauss LLC, W.E. Donoghue & Co. LLC, Prudential Financial Inc., and Schonfeld Strategic Advisors LLC. 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 $13.21.

TEGNA has a market capitalization of $2.88 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. View additional information about TEGNA.

The official website for TEGNA is http://www.tegna.com/.

TEGNA's mailing address is 7950 JONES BRANCH DRIVE, MCLEAN VA, 22107. The company can be reached via phone at 703-854-7000 or via email at [email protected]