NYSE:TGNA - TEGNA Stock Price, Forecast & News

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

TEGNA announced a quarterly dividend on Thursday, February 20th. Investors of record on Friday, March 6th will be paid 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 1.65%. The ex-dividend date of this dividend is Thursday, March 5th. View TEGNA's Dividend History.

TEGNA Inc. (NYSE:TGNA) posted its earnings results on Tuesday, February, 11th. The company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.04. The company earned $693.90 million during the quarter, compared to the consensus estimate of $690.01 million. TEGNA had a net margin of 12.45% and a return on equity of 20.43%. The company's revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 EPS. 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 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.

10 Wall Street analysts have issued twelve-month price targets for TEGNA's shares. Their forecasts range from $17.00 to $22.00. On average, they anticipate TEGNA's share price to reach $19.00 in the next year. This suggests a possible upside of 12.2% 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.

Media headlines about TGNA stock have been trending somewhat negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media 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 closest to five being the most favorable. TEGNA earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for TEGNA.

TEGNA saw a decline in short interest in January. As of January 31st, there was short interest totalling 13,060,000 shares, a decline 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. Currently, 6.0% of the company's stock are sold short. 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 a number of 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 purchased 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 $16.94.

TEGNA has a market capitalization of $3.67 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]