NYSE:TGNA TEGNA (TGNA) Stock Price, News & Analysis → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free TGNA Stock Alerts $14.41 +0.07 (+0.49%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$14.34▼$14.6550-Day Range$13.26▼$15.7252-Week Range$13.18▼$17.37Volume1.49 million shsAverage Volume1.94 million shsMarket Capitalization$2.44 billionP/E Ratio5.04Dividend Yield3.19%Price Target$17.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get TEGNA alerts: Email Address TEGNA MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside18.0% Upside$17.00 Price TargetShort InterestBearish6.41% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 2 Articles This WeekInsider TradingSelling Shares$1.99 M Sold Last QuarterProj. Earnings Growth-36.66%From $3.11 to $1.97 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.1.86 out of 5 starsConsumer Discretionary Sector191st 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 1.0 Short Interest Percentage of Shares Shorted6.41% of the float of TEGNA has been sold short.Short Interest Ratio / Days to CoverTEGNA has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in TEGNA has recently increased by 41.11%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTEGNA pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTEGNA has only been increasing its dividend for 3 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 23.35% 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 1.5 News and Social Media Coverage News SentimentTEGNA has a news sentiment score of 0.72. 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 2 news articles for TEGNA this week, compared to 4 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 -67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added TEGNA to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 $1,990,220.00 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 -36.66% in the coming year, from $3.11 to $1.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TEGNA is 5.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.18.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 5.04, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.22.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 0.87. 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 InvestorPlaceCrypto Pioneer Says: “The last crypto bull market has begun.”Right now, there’s over $6 trillion in potential investment money waiting on the sidelines. That means this crypto bull market has a lot more room to run before it comes close to being a bubble.Click here if you’d like to learn more about these five cryptos… 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 21, 2024 | insidertrades.comTEGNA Inc. (NYSE:TGNA) CEO Sells $493,507.52 in StockMay 16, 2024 | insidertrades.comTEGNA Inc. (NYSE:TGNA) SVP Clifton A. Mcclelland III Sells 54,093 SharesMay 21, 2024 | americanbankingnews.comTEGNA Inc. (NYSE:TGNA) CEO David T. Lougee Sells 32,813 SharesMay 14, 2024 | businesswire.comTEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fifth Consecutive YearMay 12, 2024 | finance.yahoo.comTEGNA's (NYSE:TGNA) Dividend Will Be Increased To $0.125May 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 ExpectSee 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 Earnings5/08/2024Today5/28/2024Ex-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+18.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.86 Trailing P/E Ratio5.04 Forward P/E Ratio4.63 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$2.91 billion Price / Sales0.84 Cash Flow$2.47 per share Price / Cash Flow5.84 Book Value$13.73 per share Price / Book1.05Miscellaneous Outstanding Shares169,600,000Free Float168,112,000Market Cap$2.44 billion OptionableOptionable Beta0.50 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsParamount GlobalNASDAQ:PARANexstar Media GroupNASDAQ:NXSTGrupo Televisa, S.A.B.NYSE:TVSinclairNASDAQ:SBGIGray TelevisionNYSE:GTN.AView All CompetitorsInsiders & InstitutionsBoston PartnersSold 1,879,416 shares on 5/28/2024Ownership: 2.033%Verity Asset Management Inc.Sold 8,289 shares on 5/28/2024Ownership: 0.012%EMC Capital ManagementBought 4,251 shares on 5/20/2024Ownership: 0.012%Comerica BankSold 1,413 shares on 5/17/2024Ownership: 0.057%Walleye Trading LLCSold 300 shares on 5/17/2024Ownership: 0.000%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 research analysts have issued "buy," "hold," and "sell" ratings for TEGNA in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 brokers 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 anticipate the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 18.0% 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 2024. Since then, TGNA stock has decreased by 5.8% and is now trading at $14.41. View the best growth stocks for 2024 here. Are investors shorting TEGNA? TEGNA saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 10,710,000 shares, an increase of 41.1% from the April 30th total of 7,590,000 shares. Based on an average trading volume of 2,120,000 shares, the short-interest ratio is currently 5.1 days. Approximately 6.4% of the company's shares are short sold. View TEGNA's Short Interest. 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) announced its quarterly 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 had revenue of $714.30 million for the quarter, compared to analysts' expectations of $718.86 million. TEGNA had a trailing twelve-month return on equity of 11.86% and a net margin of 19.48%. The company's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.47 earnings per share. How often does TEGNA pay dividends? What is the dividend yield for TEGNA? TEGNA announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Friday, June 7th will be paid a dividend of $0.125 per share on Monday, July 1st. This represents a $0.50 annualized dividend and a dividend yield of 3.47%. 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 3.17%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it 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 23.35% 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), MarketDesk Focused U.S. Dividend ETF (FDIV), Fidelity Sustainable U.S. Equity ETF (FSST) and Royce Quant Small-Cap Quality Value ETF (SQLV). 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.22%), LSV Asset Management (3.52%), Boston Partners (2.03%), Gamco Investors INC. ET AL (1.44%), Gabelli Funds LLC (1.00%) and GABELLI & Co INVESTMENT ADVISERS INC. (0.55%). Insiders that own company stock include Clifton A Mcclelland III, 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. This page (NYSE:TGNA) was last updated on 5/29/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetCrypto 101 Media4 Cryptos BETTER than BitcoinTrue Market InsidersWrite this ticker symbol down…StocksToTradeMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss RatingsBiden replacement revealed?Paradigm PressTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TEGNA Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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