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 given a dividend of $0.07 per share on Thursday, January 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Thursday, December 5th. View TEGNA's Dividend History.

TEGNA Inc. (NYSE:TGNA) issued its earnings results on Tuesday, February, 11th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The firm had revenue of $693.90 million for the quarter, compared to analyst estimates of $690.01 million. TEGNA had a net margin of 12.45% and a return on equity of 20.43%. The business's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.74 earnings per share. View TEGNA's Earnings History.

TEGNA is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 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.

10 Wall Street analysts have issued twelve-month price targets for TEGNA's stock. Their forecasts range from $17.00 to $22.00. On average, they anticipate TEGNA's stock price to reach $19.00 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View Analyst Price Targets for TEGNA.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TEGNA.

News headlines about TGNA stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news 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 news impact score of 3.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View News Stories for TEGNA.

TEGNA saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 13,060,000 shares, a decrease of 9.3% from the January 15th total of 14,400,000 shares. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 6.0% of the shares of the company are short sold. View TEGNA's Current Options Chain.

Some companies that are related to TEGNA include CBS (CBS.A), ViacomCBS (VIAC), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series B (FWONB), Liberty Media Formula One Series A (FWONA), 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), Central European Media Enterprises (CETV) and E. W. Scripps (SSP).

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

TEGNA's stock is owned by many different of institutional and retail 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%). 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 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 for TEGNA.

TGNA stock was acquired by a variety of institutional investors in the last quarter, including 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., Schonfeld Strategic Advisors LLC and Banco Bilbao Vizcaya Argentaria S.A.. 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 $16.89.

TEGNA has a market capitalization of $3.66 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 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]