NYSE:TGNA TEGNA (TGNA) Stock Price, News & Analysis $13.72 +0.09 (+0.66%) (As of 11:08 AM ET) Add Compare Share Share Today's Range$13.67▼$13.8150-Day Range$12.72▼$16.2752-Week Range$12.35▼$16.71Volume186,115 shsAverage Volume2.10 million shsMarket Capitalization$2.33 billionP/E Ratio4.80Dividend Yield3.64%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/Downside24.7% Upside$17.00 Price TargetShort InterestBearish5.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.42Based on 5 Articles This WeekInsider TradingSelling Shares$1.73 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.2.36 out of 5 starsConsumer Discretionary Sector129th out of 263 stocksTelevision Broadcasting Stations Industry7th 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 1 research reports in the past 90 days.Read more about TEGNA's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.48% of the float of TEGNA has been sold short.Short Interest Ratio / Days to CoverTEGNA has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in TEGNA has recently decreased by 4.18%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipTEGNA is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTEGNA does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of TEGNA is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, TEGNA will have a dividend payout ratio of 25.38% 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 0.9 News and Social Media Coverage News SentimentTEGNA has a news sentiment score of -0.42. 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 lower news sentiment than the 0.44 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 5 news articles for TEGNA this week, compared to 4 articles on an average week.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 $1,726,313.00 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 4.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.35.Price to Earnings Ratio vs. SectorThe P/E ratio of TEGNA is 4.77, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.01.Price to Book Value per Share RatioTEGNA has a P/B Ratio of 0.99. 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 Stansberry ResearchThe Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.You can watch our interview, here, free of charge. 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 HeadlinesAugust 20 at 4:25 PM | prnewswire.comALLCITY Network Raises Series B Led By TEGNAAugust 19 at 6:00 PM | msn.comTegna Names Jim Kizer President & GM at WOI and KCWI [clone]August 22, 2024 | DTI (Ad)Air Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could become crucial to the operations of the US Military. And right now there are plans for this stock to undertake a major test project at a US Air Force based in Alaska. Now, this incredible breakthrough is still in its earliest stages… Which means you still have a chance to get in while its trading for under $10.August 19 at 6:00 PM | stockhouse.comTEGNA Stations Receive Ten National 2024 Edward R. Murrow AwardsAugust 15, 2024 | finance.yahoo.comTEGNA's (NYSE:TGNA) Problems Go Beyond Weak ProfitAugust 12, 2024 | investing.comTegna (TGNA) Earnings Dates & ReportsAugust 12, 2024 | americanbankingnews.comTEGNA (NYSE:TGNA) Rating Reiterated by BenchmarkAugust 10, 2024 | seekingalpha.comTEGNA: A Solid Balance Sheet And Strong Earnings Show This Broadcaster Still Has LegsAugust 22, 2024 | Stansberry Research (Ad)Famous Stock Market Bull Issues Rare “Collapse” WarningTilson says we're in the midst of a collapse – unlike any we've seen since 2008. As you'll see, it all centers around the tech sector. And the epicenter – it turns out – is Apple.August 9, 2024 | markets.businessinsider.comTEGNA Hold Rating Maintained Amid Advertising Challenges and Revenue PressuresAugust 7, 2024 | marketwatch.comTegna 2Q Earnings Fall on Lower Subscription RevenueAugust 7, 2024 | theglobeandmail.comTEGNA (NYSE:TGNA) Misses Q2 Revenue EstimatesAugust 7, 2024 | seekingalpha.comTEGNA Inc. (TGNA) Q2 2024 Earnings Call TranscriptAugust 6, 2024 | finance.yahoo.comWhat To Expect From TEGNA's (TGNA) Q2 EarningsAugust 1, 2024 | finance.yahoo.comThe past three years for TEGNA (NYSE:TGNA) investors has not been profitableJuly 22, 2024 | msn.comAnchor Rene Knott heads to Paris to cover his fourth Olympic GamesJuly 11, 2024 | investorplace.com3 High-Growth, Small-Cap Stocks Flying Under the RadarJune 25, 2024 | businesswire.comTEGNA Names Christopher Franklin President and General Manager at WATN and WLMTSee 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 7/1 Dividend6/07/2024Dividend Payable7/01/2024Last Earnings8/07/2024Today8/22/2024Ex-Dividend for 10/1 Dividend9/06/2024Dividend Payable10/01/2024Next Earnings (Estimated)11/05/2024Fiscal 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+24.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.86 Trailing P/E Ratio4.77 Forward P/E Ratio4.38 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$2.86 billion Price / Sales0.81 Cash Flow$2.15 per share Price / Cash Flow6.34 Book Value$13.73 per share Price / Book0.99Miscellaneous Outstanding Shares169,605,000Free Float168,112,000Market Cap$2.31 billion OptionableOptionable Beta0.51 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your 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 & InstitutionsTruist Financial CorpSold 3,500 shares on 8/21/2024Ownership: 0.012%Point72 Asset Management L.P.Bought 675,000 shares on 8/19/2024Ownership: 0.000%Algert Global LLCBought 136,792 shares on 8/16/2024Ownership: 0.081%Creative PlanningSold 1,284 shares on 8/16/2024Ownership: 0.028%Susquehanna International Group LLPSold 10,700 shares on 8/16/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions TGNA Stock Analysis - Frequently Asked Questions How have TGNA shares performed this year? TEGNA's stock was trading at $15.30 on January 1st, 2024. Since then, TGNA shares have decreased by 10.9% and is now trading at $13.63. View the best growth stocks for 2024 here. How were TEGNA's earnings last quarter? TEGNA Inc. (NYSE:TGNA) posted its quarterly earnings results on Wednesday, August, 7th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. TEGNA's revenue for the quarter was down 2.9% compared to the same quarter last year. 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. Who are TEGNA's major shareholders? TEGNA's top institutional investors include Dimensional Fund Advisors LP (6.08%), LSV Asset Management (4.73%), AQR Capital Management LLC (2.06%) and Bank of New York Mellon Corp (1.53%). Insiders that own company stock include David T Lougee, Lynn B Trelstad, Clifton A Mcclelland III and Catherine Dunleavy. 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. What other stocks do shareholders of TEGNA own? Based on aggregate information from My MarketBeat watchlists, some other companies that TEGNA investors own include Gannett (GCI), Pfizer (PFE), Procter & Gamble (PG), Walmart (WMT), AbbVie (ABBV), Alphabet (GOOG) and NVIDIA (NVDA). This page (NYSE:TGNA) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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