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TEGNA (TGNA)
NYSE:TGNA
TEGNA (TGNA) Stock Price & Analysis
317 Followers
TGNA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.18 - $16.98
Previous Close$14.42
Volume1.46M
Average Volume (3M)2.06M
Market Cap
$2.45B
Enterprise Value$5.25B
Total Cash (Recent Filing)$361.04M
Total Debt (Recent Filing)$3.15B
Price to Earnings (P/E)5.0
Beta0.36
Next Earnings
Aug 05, 2024EPS Estimate
$0.48Next Dividend Ex-Date
Jun 07, 2024Dividend Yield3.02%
Share Statistics
EPS (TTM)2.86
Shares Outstanding169,605,246
10 Day Avg. Volume1,584,763
30 Day Avg. Volume2,061,867
Standard Deviation0.08
R-Squared0.12
Alpha-0.00303
Financial Highlights & Ratios
Price to Book (P/B)-0.93
Price to Sales (P/S)0.84
Price to Cash Flow (P/CF)3.40
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.80
Enterprise Value/Gross Profit4.40
Enterprise Value/Ebitda4.29
Forecast
1Y Price Target
$17.33Price Target Upside21.61% Upside
Rating ConsensusHold
Number of Analyst Covering4
TEGNA News
Bulls Say, Bears Say
Bulls Say
Advertising RevenueTEGNA’s footprint covers many hotly contested Senate and gubernatorial races, positioning it to capture significant political advertising revenues.
Dividend PolicyTGNA's guidance includes returning 40-60% of Free Cash Flow directly to shareholders through dividends and buybacks.
Growth StrategyThe company has potential dry powder for further strategic mergers and acquisitions to drive growth.
Bears Say
Advertising MarketThe company is experiencing some pressure in the Advertising and Marketing Services segment, potentially impacting overall profitability.
Financial PerformanceTGNA is seeing weaker retransmission revenues which may indicate challenges in maintaining their broadcast income streams.
Revenue ForecastThe company expects a low- to mid-single-digit revenue decline, signaling potential concerns for investors about future financial performance.
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Ownership Overview
1.47% Insiders
40.73% Mutual Funds
51.66% Other Institutional Investors
6.14% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TGNA FAQ
What was TEGNA’s price range in the past 12 months?
TEGNA lowest stock price was $13.18 and its highest was $16.98 in the past 12 months.
What is TEGNA’s market cap?
Currently, no data Available
When is TEGNA’s upcoming earnings report date?
TEGNA’s upcoming earnings report date is Aug 05, 2024 which is in 67 days.
How were TEGNA’s earnings last quarter?
TEGNA released its earnings results on May 08, 2024. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.436 by $0.014.
Is TEGNA overvalued?
According to Wall Street analysts TEGNA’s price is currently Undervalued.
Does TEGNA pay dividends?
TEGNA pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 3.02%. See more information on TEGNA dividends here
What is TEGNA’s EPS estimate?
TEGNA’s EPS estimate is $0.48.
How many shares outstanding does TEGNA have?
TEGNA has 169,605,240 shares outstanding.
What happened to TEGNA’s price movement after its last earnings report?
TEGNA reported an EPS of $0.45 in its last earnings report, beating expectations of $0.436. Following the earnings report the stock price went up 0.205%.
Which hedge fund is a major shareholder of TEGNA?
Among the largest hedge funds holding TEGNA’s share is Royce & Associates LLC. It holds TEGNA’s shares valued at 50M.
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TEGNA Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$17.33 (21.61% Upside)
$17.33 (21.61% Upside)
Blogger Sentiment
Bullish
TGNA Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 665.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $980.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.44%
12-Months-Change
Fundamentals
Return on Equity
18.89%
Trailing 12-Months
Asset Growth
-3.91%
Trailing 12-Months
Company Description
TEGNA
TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
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TGNA Company Deck
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TGNA Earnings Call
Q1 2024
0:00 / 0:00
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TGNA Stock 12 Month Forecast
Average Price Target
$17.33
▲(21.61% Upside)
Technical Analysis
Sinclair Broadcast
―
Nexstar Media Group
―
Omnicom Group
―
E. W. Scripps Company Class A
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Best Analysts Covering TGNA
1 Year
1 Year Success Rate
9/20 ratings generated profit
1 Year Average Return
+1.96%
reiterated a buy rating 3 months ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 45.00% of your transactions generating a profit, with an average return of +1.96% per trade.
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