NYSE:TGNA TEGNA (TGNA) Stock Price, News & Analysis → Bill Clinton Backing Biden Replacement??? (From The Freeport Society) (Ad) Free TGNA Stock Alerts $15.22 -0.50 (-3.18%) (As of 02:14 PM ET) Add Compare Share Share Today's Range$15.18▼$15.8250-Day Range$13.26▼$15.7252-Week Range$13.18▼$17.37Volume617,065 shsAverage Volume2.15 million shsMarket Capitalization$2.58 billionP/E Ratio5.32Dividend Yield3.02%Price Target$17.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get TEGNA alerts: Email Address TEGNA MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside11.5% Upside$17.00 Price TargetShort InterestHealthy4.37% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 30 Articles This WeekInsider TradingSelling Shares$643,125 Sold Last QuarterProj. Earnings Growth-38.54%From $3.14 to $1.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.86 out of 5 starsConsumer Discretionary Sector224th out of 271 stocksTelevision Broadcasting Stations Industry10th out of 11 stocks 2.2 Analyst's Opinion Consensus RatingTEGNA has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageTEGNA has only been the subject of 2 research reports in the past 90 days.Read more about TEGNA's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.37% of the float of TEGNA has been sold short.Short Interest Ratio / Days to CoverTEGNA has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in TEGNA has recently increased by 0.93%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldTEGNA pays a meaningful dividend of 2.93%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTEGNA has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of TEGNA is 16.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TEGNA will have a dividend payout ratio of 23.83% next year. This indicates that TEGNA will be able to sustain or increase its dividend.Read more about TEGNA's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TGNA. Previous Next 2.0 News and Social Media Coverage News SentimentTEGNA has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 30 news articles for TEGNA this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for TGNA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TEGNA to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TEGNA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $643,125.00 in company stock.Percentage Held by InsidersOnly 0.88% of the stock of TEGNA is held by insiders.Percentage Held by Institutions92.19% of the stock of TEGNA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about TEGNA's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for TEGNA are expected to decrease by -38.54% in the coming year, from $3.14 to $1.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TEGNA is 5.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 5.33, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.53.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about TEGNA's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadThe AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.Get the full story here. About TEGNA Stock (NYSE:TGNA)TEGNA Inc., a media company, provides broadcast advertising and marketing products and services for businesses. The company operates 47 television stations in 39 markets of the United States that produce local programming, such as news, sports, and entertainment. It offers local and national non-political advertising; political advertising; production of programming from third parties; production of advertising materials; and digital marketing services, as well as advertising services on the stations' Websites, tablets, and mobile products. The company also sells commercial advertising spots of its television stations. In addition, it operates Premion, an over the top local advertising network; Hatch, a centralized 360-degree marketing services agency; and radio broadcast stations. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in McLean, Virginia.Read More TGNA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TGNA Stock News HeadlinesMay 14 at 9:15 AM | businesswire.comTEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fifth Consecutive YearMay 13 at 1:14 AM | americanbankingnews.comBarrington Research Brokers Reduce Earnings Estimates for TEGNA Inc. (NYSE:TGNA)May 12 at 4:58 PM | finance.yahoo.comTEGNA's (NYSE:TGNA) Dividend Will Be Increased To $0.125May 11, 2024 | americanbankingnews.comResearch Analysts Offer Predictions for TEGNA Inc.'s Q4 2024 Earnings (NYSE:TGNA)May 10, 2024 | uk.finance.yahoo.comTEGNA First Quarter 2024 Earnings: EPS Beats ExpectationsMay 10, 2024 | finance.yahoo.comEarnings Beat: TEGNA Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsMay 9, 2024 | msn.comTegna Names David Loving President & GM of KHOU and KTBU in HoustonMay 9, 2024 | markets.businessinsider.comBalanced Financial Prospects and Hold Rating for TEGNA Amidst Mixed Performance SignalsMay 9, 2024 | msn.comTEGNA Inc. (NYSE:TGNA) Q1 2024 Earnings Call TranscriptMay 9, 2024 | bizjournals.comWNBA's Caitlin Clark coming to local TV screens via Tegna dealMay 9, 2024 | businesswire.comTEGNA Names David Loving President and General Manager at KHOU and KTBU in HoustonMay 9, 2024 | msn.comTEGNA Non-GAAP EPS of $0.45 beats by $0.01, revenue of $714.25M misses by $4.61MMay 9, 2024 | finance.yahoo.comTegna Inc (TGNA) Q1 2024 Earnings Call Transcript Highlights: Navigating Challenges with ...May 8, 2024 | markets.businessinsider.comBarrington Reaffirms Their Hold Rating on TEGNA (TGNA)May 8, 2024 | msn.comTegna, Indiana Fever Expand Broadcast Distribution to 11 Additional MarketsMay 8, 2024 | finance.yahoo.comTEGNA (NYSE:TGNA) Misses Q1 Revenue EstimatesMay 8, 2024 | finance.yahoo.comTEGNA Inc. (TGNA) Reports Q1 2024 Earnings: A Detailed Financial ReviewMay 8, 2024 | investorplace.comTGNA Stock Earnings: Tegna Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | businesswire.comTEGNA Inc. Reports First Quarter 2024 Results and Provides Second Quarter GuidanceMay 8, 2024 | businesswire.comTEGNA and Indiana Fever Expand Broadcast Distribution of the Fever's Exciting Upcoming Season in 11 Additional MarketsMay 7, 2024 | msn.comTegna Names Greg Retsinas GM At KGW, Portland, OregonMay 7, 2024 | businesswire.comTEGNA Names Greg Retsinas President and General Manager at KGW in PortlandMay 7, 2024 | markets.businessinsider.comHere's what Wall Street expects from TEGNA's earningsMay 7, 2024 | finance.yahoo.comTEGNA (TGNA) Reports Earnings Tomorrow: What To ExpectApril 26, 2024 | msn.com11Alive creates political reporting team devoted to covering issues top of mind with Georgia votersSee More Headlines Receive TGNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TEGNA and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/1 Dividend3/07/2024Dividend Payable4/01/2024Last Earnings5/08/2024Today5/15/2024Ex-Dividend for 7/1 Dividend6/07/2024Dividend Payable7/01/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Television broadcasting stations Sub-IndustryN/A Current SymbolNYSE:TGNA CUSIPN/A CIK39899 Webwww.tegna.com Phone703-873-6600Fax703-854-2053Employees6,200Year FoundedN/APrice Target and Rating Average Stock Price Target$17.00 High Stock Price Target$21.00 Low Stock Price Target$15.00 Potential Upside/Downside+8.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.86 Trailing P/E Ratio5.50 Forward P/E Ratio5.01 P/E GrowthN/ANet Income$476.72 million Net Margins19.48% Pretax Margin25.00% Return on Equity11.86% Return on Assets4.74% Debt Debt-to-Equity Ratio1.10 Current Ratio2.53 Quick Ratio2.53 Sales & Book Value Annual Sales$2.88 billion Price / Sales0.92 Cash Flow$2.53 per share Price / Cash Flow6.21 Book Value$13.73 per share Price / Book1.14Miscellaneous Outstanding Shares169,605,000Free Float168,112,000Market Cap$2.67 billion OptionableOptionable Beta0.50 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. David T. Lougee (Age 59)Pres, CEO & Director Ms. Victoria Dux Harker (Age 53)Exec. VP & CFO Mr. Todd A. Mayman (Age 58)Exec. VP, Chief Legal & Admin. Officer Ms. Lynn Beall Trelstad (Age 57)EVP & COO of Media Operations Mr. Clifton A. McClelland III (Age 48)Sr. VP, Principal Accounting Officer & Controller Key CompetitorsGrupo Televisa, S.A.B.NYSE:TVSinclairNASDAQ:SBGIGray TelevisionNYSE:GTN.AGray TelevisionNYSE:GTNNexstar Media GroupNASDAQ:NXSTView All CompetitorsInsiders & InstitutionsGABELLI & Co INVESTMENT ADVISERS INC.Bought 3,055 shares on 5/15/2024Ownership: 0.546%Price T Rowe Associates Inc. MDBought 6,749 shares on 5/15/2024Ownership: 0.087%PEAK6 Investments LLCBought 48,400 shares on 5/15/2024Ownership: 0.000%Quadrature Capital LtdBought 12,698 shares on 5/15/2024Ownership: 0.007%Magnetar Financial LLCSold 64,849 shares on 5/15/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions TGNA Stock Analysis - Frequently Asked Questions Should I buy or sell TEGNA stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TGNA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGNA, but not buy additional shares or sell existing shares. View TGNA analyst ratings or view top-rated stocks. What is TEGNA's stock price target for 2024? 3 brokerages have issued 12-month price targets for TEGNA's stock. Their TGNA share price targets range from $15.00 to $21.00. On average, they predict the company's share price to reach $17.00 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts price targets for TGNA or view top-rated stocks among Wall Street analysts. How have TGNA shares performed in 2024? TEGNA's stock was trading at $15.30 at the beginning of the year. Since then, TGNA stock has decreased by 0.4% and is now trading at $15.24. View the best growth stocks for 2024 here. When is TEGNA's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our TGNA earnings forecast. How were TEGNA's earnings last quarter? TEGNA Inc. (NYSE:TGNA) released its earnings results on Wednesday, May, 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.02. The business earned $714.30 million during the quarter, compared to analyst estimates of $718.86 million. TEGNA had a net margin of 19.48% and a trailing twelve-month return on equity of 11.86%. The business's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 earnings per share. How often does TEGNA pay dividends? What is the dividend yield for TEGNA? TEGNA declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 7th will be given a dividend of $0.125 per share on Monday, July 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Friday, June 7th. This is a boost from the stock's previous quarterly dividend of $0.11. Read our dividend analysis for TGNA. Is TEGNA a good dividend stock? TEGNA (NYSE:TGNA) pays an annual dividend of $0.46 per share and currently has a dividend yield of 2.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGNA will have a dividend payout ratio of 23.83% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TGNA. What ETFs hold TEGNA's stock? ETFs with the largest weight of TEGNA (NYSE:TGNA) stock in their portfolio include QRAFT AI-Enhanced U.S. Next Value ETF (NVQ), Formidable ETF (FORH), AltShares Event-Driven ET (EVNT), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Fidelity Sustainable U.S. Equity ETF (FSST), Royce Quant Small-Cap Quality Value ETF (SQLV) and First Trust Small Cap Value AlphaDEX Fund (FYT). What is Dave Lougee's approval rating as TEGNA's CEO? 50 employees have rated TEGNA Chief Executive Officer Dave Lougee on Glassdoor.com. Dave Lougee has an approval rating of 80% among the company's employees. What other stocks do shareholders of TEGNA own? Based on aggregate information from My MarketBeat watchlists, some companies that other TEGNA investors own include Gannett (GCI), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T) and Starbucks (SBUX). Who are TEGNA's major shareholders? TEGNA's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (15.22%), LSV Asset Management (3.52%), Gamco Investors INC. ET AL (1.44%), Gabelli Funds LLC (1.00%), GABELLI & Co INVESTMENT ADVISERS INC. (0.55%) and Principal Financial Group Inc. (0.49%). Insiders that own company stock include David T Lougee and Lynn B Trelstad. View institutional ownership trends. How do I buy shares of TEGNA? Shares of TGNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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