NYSE:TGNA TEGNA (TGNA) Stock Price, News & Analysis → Proof that the Musk/Bezos rivalry is about to hit a new level (From InvestorPlace) (Ad) Free TGNA Stock Alerts $15.03 +0.35 (+2.38%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$14.67▼$15.1050-Day Range$13.26▼$15.1552-Week Range$13.18▼$17.37Volume2.47 million shsAverage Volume2.14 million shsMarket Capitalization$2.65 billionP/E Ratio6.65Dividend Yield2.99%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/Downside13.1% Upside$17.00 Price TargetShort InterestHealthy4.33% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.55Based on 23 Articles This WeekInsider TradingSelling Shares$643,125 Sold Last QuarterProj. Earnings Growth-36.31%From $3.14 to $2.00 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.2.68 out of 5 starsConsumer Discretionary Sector173rd out of 265 stocksTelevision Broadcasting Stations Industry8th 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 Shorted4.33% 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 14.98%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTEGNA pays a meaningful dividend of 3.21%, 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 19.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TEGNA will have a dividend payout ratio of 22.50% 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 2.5 News and Social Media Coverage News SentimentTEGNA has a news sentiment score of 0.55. 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 is a higher news sentiment than the 0.43 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 23 news articles for TEGNA this week, compared to 5 articles on an average week.Search InterestOnly 2 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 -50% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for TEGNA are expected to decrease by -36.31% in the coming year, from $3.14 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TEGNA is 6.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.74.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 6.65, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.28.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about TEGNA's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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 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 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.May 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 10, 2024 | Crypto 101 Media (Ad)Elon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.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 ExpectMay 1, 2024 | americanbankingnews.comTEGNA (TGNA) to Release Earnings on WednesdayApril 26, 2024 | msn.com11Alive creates political reporting team devoted to covering issues top of mind with Georgia votersApril 26, 2024 | msn.comSeattle Kraken Inks Deals with Tegna and Prime VideoApril 25, 2024 | msn.comKraken Skate Away From RSN Root Sports for Deals With Tegna, AmazonApril 24, 2024 | businesswire.comTEGNA Shareholders Overwhelmingly Re-elect Board Members, Approve Say on Pay Proposal and Approve Charter Amendments at Annual MeetingApril 22, 2024 | msn.comTegna Brings Caitlin Clark Effect To Local Broadcast With Fever DealApril 22, 2024 | businesswire.comIndiana Fever and TEGNA Announce Partnership to Broadcast Games Locally on WTHR and WALVSee 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 Earnings5/08/2024Today5/09/2024Ex-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+13.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.26 Trailing P/E Ratio6.65 Forward P/E Ratio4.79 P/E GrowthN/ANet Income$476.72 million Net Margins16.38% Pretax Margin20.84% Return on Equity12.41% Return on Assets5.07% Debt Debt-to-Equity Ratio1.14 Current Ratio2.48 Quick Ratio2.48 Sales & Book Value Annual Sales$2.91 billion Price / Sales0.91 Cash Flow$2.60 per share Price / Cash Flow5.77 Book Value$13.73 per share Price / Book1.09Miscellaneous Outstanding Shares176,106,000Free Float174,556,000Market Cap$2.65 billion OptionableOptionable Beta0.50 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 & InstitutionsState Board of Administration of Florida Retirement SystemBought 19,974 shares on 5/9/2024Ownership: 0.094%ProShare Advisors LLCBought 1,306 shares on 5/8/2024Ownership: 0.026%Russell Investments Group Ltd.Bought 14,838 shares on 5/8/2024Ownership: 0.024%Entropy Technologies LPBought 25,793 shares on 5/8/2024Ownership: 0.015%Headlands Technologies LLCBought 3,050 shares on 5/8/2024Ownership: 0.002%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 twelve months. 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 brokerages have issued twelve-month target prices for TEGNA's stock. Their TGNA share price targets range from $15.00 to $21.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 13.1% 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 shares have decreased by 1.8% and is now trading at $15.03. 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 quarterly earnings data on Wednesday, May, 8th. The company reported $0.45 EPS for the quarter, topping 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 net margin of 16.38% and a trailing twelve-month return on equity of 12.41%. TEGNA's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 earnings per share. How often does TEGNA pay dividends? What is the dividend yield for TEGNA? TEGNA announced a quarterly dividend on Thursday, May 9th. Shareholders 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 3.33%. The ex-dividend date of this dividend is Friday, June 7th. This is an increase 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 $0.45 per share and currently has a dividend yield of 3.21%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGNA will have a dividend payout ratio of 22.50% 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 a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (3.52%), Principal Financial Group Inc. (0.49%), Muhlenkamp & Co. Inc. (0.39%), Pinnacle Associates Ltd. (0.33%), Mutual of America Capital Management LLC (0.29%) and Swiss National Bank (0.21%). 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. This page (NYSE:TGNA) was last updated on 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingShocking: One AI startup's revenue could surge 4,735%Manward PressHe Is Giving Away BitcoinCrypto Swap Profits[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsCharles Payne Demystifies OptionsUnstoppable ProsperityBiden Nomination CANCELED?The Freeport SocietyMissed NVDA? Buy this AI stock NOWChaikin Analytics 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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