TEGNA/TGNA

$13.46

1.43%
-
1D1W1MYTD1YMAX

About TEGNA

Tegna Inc. is a media company, which is engaged in providing stories, investigations and marketing services. The Company owns and operates approximately 64 television stations and two radio stations in 51 United States markets and owns four network affiliates in approximately 25 markets among independent station groups, reaching approximately 39% of United States television households. The Company also owns multicast networks, which include True Crime Network, Twist and Quest. Through TEGNA Marketing Solutions (TMS), its integrated sales and back-end fulfillment operations, it delivers results for advertisers across television, digital and over-the-top (OTT) platforms, including Premion, its OTT advertising network. Its Premion business operates an advertising network for OTT streaming and connected television platforms. The Company also operates VAULT Studios, which develops original television programs developed from its stations’ library of true crime and investigative content.

Ticker

TGNA

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Broadcasting & Cable TV

CEO

David Lougee

Employees

6,200

Headquarters

Mc lean, United States

TEGNA Metrics

BasicAdvanced
$2.36B
Market cap
5.93
P/E ratio
$2.26
EPS
0.51
Beta
$0.40
Dividend rate
3.4%
Dividend yield
$2.36B
0.51177
$17.37
$13.36
2.29M
$0.40
2.481
113.603
113.603
17.59%
11.274
4.43%
6.65%
16.44%
7.07%
5.934
0.81
0.891
5.252
1.95%
2.98%
3.4%
-11.23%
-19.55%
-0.31%
1.37%
12.51%

What the Analysts think about TEGNA

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 4 analysts.
41.16% upside
High $21.00
Low $16.00
$13.46
Current price
$19.00
Average price target

TEGNA Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.48% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$725.8M
1.77%
Net income
$76.1M
-20.81%
Profit margin
10.48%
-22.2%

TEGNA Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 8.12%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.47
$0.44
$0.39
$0.43
-
Expected
$0.46
$0.43
$0.39
$0.47
$0.44
Surprise
1.73%
3.29%
-0.64%
-8.12%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for TEGNA stock?

TEGNA (TGNA) has a market cap of $2.36B as of April 19, 2024.

What is the P/E ratio for TEGNA stock?

The price to earnings (P/E) ratio for TEGNA (TGNA) stock is 5.93 as of April 19, 2024.

Does TEGNA stock pay dividends?

Yes, the TEGNA (TGNA) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.39875 and the yield is 3.4%. TEGNA has a payout ratio of 17.59% on a trailing twelve-month basis.

When is the next TEGNA dividend payment date?

The next TEGNA (TGNA) dividend payment date is unconfirmed.

What is the beta indicator for TEGNA?

TEGNA (TGNA) has a beta rating of 0.51. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the TEGNA stock price target?

The target price for TEGNA (TGNA) stock is $19, which is 40.32% above the current price of $13.54. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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