TEGNA Inc. (TGNA)
| Market Cap | 2.56B |
| Revenue (ttm) | 2.88B |
| Net Income (ttm) | 561.98M |
| Shares Out | 169.61M |
| EPS (ttm) | 2.88 |
| PE Ratio | 5.23 |
| Forward PE | 4.62 |
| Dividend | $0.50 (3.32%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 620,333 |
| Open | 15.10 |
| Previous Close | 15.04 |
| Day's Range | 15.01 - 15.12 |
| 52-Week Range | 13.18 - 17.37 |
| Beta | 0.51 |
| Analysts | Buy |
| Price Target | 17.00 (+12.88%) |
| Earnings Date | May 8, 2024 |
About TGNA
TEGNA Inc. operates as a media company in the United States. The company operates television stations that deliver television programming and digital content. It offers news content to consumers across various platforms, including online, mobile, connected television, and social platforms; owns and operates multicast networks under the names True Crime Network and Quest that offer on-demand episodes of shows; and operates VAULT Studios, which provides true crime and investigative content in the form of original television programs. In addition,... [Read more]
Financial Performance
In 2023, TEGNA's revenue was $2.91 billion, a decrease of -11.23% compared to the previous year's $3.28 billion. Earnings were $476.72 million, a decrease of -24.39%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TGNA stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 12.88% from the latest price.
News
TEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fifth Consecutive Year
TYSONS, Va.--(BUSINESS WIRE)--TEGNA has been named a 2024 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader.
TEGNA Names David Loving President and General Manager at KHOU and KTBU in Houston
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names David Loving president and general manager at KHOU and KTBU in Houston, Texas.
TEGNA Inc. Reports First Quarter 2024 Results and Provides Second Quarter Guidance
TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2024. FIRST QUARTER FINANCIAL HIGHLIGHTS: Total company revenue was $714 m...
TEGNA and Indiana Fever Expand Broadcast Distribution of the Fever's Exciting Upcoming Season in 11 Additional Markets
TYSONS, Va.--(BUSINESS WIRE)--TEGNA and the Indiana Fever announced 11 additional markets will join WTHR to air 17 Indiana Fever games for free over the air in 2024.
TEGNA Names Greg Retsinas President and General Manager at KGW in Portland
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Greg Retsinas president and general manager at KGW, TEGNA's NBC affiliate in Portland, Ore.
Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
One of the best things you can do as an investor is study established professionals who have amassed outstanding records. Value-stock investor Mario Gabelli fits the bill, with more than five decades ...
TEGNA Shareholders Overwhelmingly Re-elect Board Members, Approve Say on Pay Proposal and Approve Charter Amendments at Annual Meeting
TYSONS, Va.--(BUSINESS WIRE)--TEGNA shareholders approved the re-election of nine Board members and an advisory resolution on the compensation of the company's named officers.
Indiana Fever and TEGNA Announce Partnership to Broadcast Games Locally on WTHR and WALV
INDIANAPOLIS & TYSONS, Va.--(BUSINESS WIRE)--The Indiana Fever and TEGNA announce a partnership to broadcast select Fever games during the 2024 season for free over the air on WTHR or WALV.
TEGNA to Host First Quarter 2024 Earnings Conference Call on Wednesday, May 8, 2024
TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its first quarter 2024 earnings results on Wednesday, May 8, 2024, at 10 a.m. (ET).
TEGNA Inc. Reports Fourth Quarter and Full-Year 2023 Results and Provides Business Update
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. (NYSE: TGNA) today announced financial results for the fourth quarter and full-year ended December 31, 2023. FOURTH QUARTER FINANCIAL HIGHLIGHTS1: Tot...
TEGNA Names Tom Cox Chief Growth Officer and Daniel Spinosa President of Premion
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Tom Cox chief growth officer and Daniel Spinosa president of Premion.
TEGNA Announces Quarterly Dividend
TYSONS, Va.--(BUSINESS WIRE)--TEGNA declares a regular quarterly dividend of 11.375 cents per share.
TEGNA Names Rick Rogala President and General Manager at WBNS in Columbus
TYSONS, Va.--(BUSINESS WIRE)--Rick Rogala has been named president and general manager at WBNS, TEGNA's CBS affiliate serving Columbus, Ohio.
TEGNA's Premion Acquires Next-Generation DSP Octillion Media to Expand CTV Advertising Capabilities
TYSONS, Va.--(BUSINESS WIRE)--TEGNA's Premion acquires Octillion Media, a next-generation demand-side platform (DSP) focused on Local CTV/OTT advertising.
TEGNA Stations KUSA and KVUE Win Prestigious 2024 Alfred I. duPont-Columbia University Awards
TYSONS, Va.--(BUSINESS WIRE)--TEGNA's KUSA and KVUE received 2024 Alfred I. duPont-Columbia University Awards honoring excellence in broadcast, online and documentary journalism.
DIRECTV and TEGNA Reach New Multi-Year Distribution Agreement
EL SEGUNDO, Calif., and TYSONS, Va.
TEGNA to Host Fourth Quarter and Full-Year 2023 Earnings Conference Call on Thursday, February 29, 2024
TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss fourth quarter and full-year 2023 earnings results on Thursday, February 29, 2024, at 10 a.m. (ET).
TEGNA Board of Directors Sets Date for 2024 Annual Meeting of Shareholders
TYSONS, Va.--(BUSINESS WIRE)--TEGNA's 2024 Annual Meeting of Shareholders will be held on Wednesday, April 24, 2024, at 9 a.m. (ET).
TEGNA and NBC Renew Affiliation Agreement
TYSONS, Va. & NEW YORK--(BUSINESS WIRE)--TEGNA and NBC announce a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide.
TEGNA Names Byron Wilkinson President and General Manager at KVUE in Austin
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Byron Wilkinson president and general manager at KVUE-TV in Austin, Texas.
TEGNA Names Brian Gregory President and General Manager at WVEC in Norfolk
TYSONS, Va.--(BUSINESS WIRE)--Brian Gregory has been named president and general manager at WVEC-TV, TEGNA's ABC affiliate in Norfolk, Virginia.
Local TV Blackout: Tegna Stations Pulled From DirecTV—Here's Why
DirecTV and Tegna are feuding over the carriage fees DirecTV pays Tegna for access to its channels.
TEGNA Foundation Awards Grants to Address Critical Community Needs
TYSONS, Va.--(BUSINESS WIRE)--TEGNA Foundation, in partnership with local TEGNA stations, has awarded 242 Community Grants to address critical community needs and initiatives.
TEGNA Names Lauren Fisher Chief Legal Officer
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Lauren Fisher as senior vice president and chief legal officer.
TEGNA Inc. Enters Into $325 Million Accelerated Share Repurchase Agreement
TYSONS, Va.--(BUSINESS WIRE)--TEGNA has entered into a $325 million accelerated share repurchase agreement with JPMorgan Chase Bank, National Association.