NYSE:TGNA - TEGNA Stock Price, Forecast & News

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

TEGNA declared a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Friday, December 6th will be paid a dividend of $0.07 per share on Thursday, January 2nd. This represents a $0.28 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Thursday, December 5th. View TEGNA's Dividend History.

TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings data on Thursday, November, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.27. The business had revenue of $551.86 million for the quarter, compared to the consensus estimate of $540.52 million. TEGNA had a net margin of 16.15% and a return on equity of 24.84%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. View TEGNA's Earnings History.

TEGNA is scheduled to release their next quarterly earnings announcement on Friday, March 6th 2020. View Earnings Estimates for TEGNA.

TEGNA updated its FY 2019 After-Hours earnings guidance on Thursday, January, 9th. The company provided 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 brokers have issued 1-year target prices for TEGNA's shares. Their forecasts range from $17.00 to $21.00. On average, they anticipate TEGNA's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for TEGNA.

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.

Press coverage about TGNA stock has trended very negative on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. TEGNA earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for TEGNA.

TEGNA saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 14,400,000 shares, an increase of 6.2% from the December 15th total of 13,560,000 shares. Based on an average daily trading volume, of 1,590,000 shares, the days-to-cover ratio is currently 9.1 days. Approximately 6.7% of the company's shares are short sold. View TEGNA's Current Options Chain.

Some companies that are related to TEGNA include ViacomCBS (VIAC), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series A (FWONA), Liberty Media Formula One Series B (FWONB), Grupo Televisa SAB (TV), Nexstar Media Group (NXST), Tribune (TRCO), PROSIEBENSAT 1/ADR (PBSFY), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Gray Television (GTN.A), Television Francaise 1 (TVFCF), E. W. Scripps (SSP), Central European Media Enterprises (CETV) 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), Verizon Communications (VZ), AT&T (T), Procter & Gamble (PG), Intel (INTC), Starbucks (SBUX), Chevron (CVX), General Electric (GE), Walmart (WMT) and Netflix (NFLX).

TEGNA's stock is owned by a number of of institutional and retail investors. Top institutional investors include Tocqueville Asset Management L.P. (0.35%), Bowling Portfolio Management LLC (0.04%), NEXT Financial Group Inc (0.03%), Nisa Investment Advisors LLC (0.03%), Assenagon Asset Management S.A. (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own TEGNA stock include Lynn B Trelstad and Neal Shapiro. View Institutional Ownership Trends for TEGNA.

TGNA stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bowling Portfolio Management LLC, Atlantic Union Bankshares Corp, Janney Montgomery Scott LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for TEGNA.

TGNA stock was purchased by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc, Ackerman Capital Advisors LLC, Tocqueville Asset Management L.P. and Nisa Investment Advisors LLC. View Insider Buying and Selling 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 $17.87.

TEGNA has a market capitalization of $3.88 billion and generates $2.21 billion in revenue each year. The company earns $405.67 million in net income (profit) each year or $1.83 on an earnings per share basis. TEGNA employs 5,336 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]