TEGNA Inc. (TGNA)

NYSE: TGNA · IEX Real-Time Price · USD
13.64
-0.25 (-1.80%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-1.80%
Market Cap 2.31B
Revenue (ttm) 2.88B
Net Income (ttm) 561.98M
Shares Out 169.61M
EPS (ttm) 2.88
PE Ratio 4.74
Forward PE 4.06
Dividend $0.50 (3.67%)
Ex-Dividend Date Jun 7, 2024
Volume 2,174,531
Open 13.91
Previous Close 13.89
Day's Range 13.61 - 13.91
52-Week Range 12.35 - 17.37
Beta 0.52
Analysts Buy
Price Target 17.00 (+24.63%)
Earnings Date Aug 7, 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]

Industry Broadcasting
Founded 1906
Employees 6,200
Stock Exchange NYSE
Ticker Symbol TGNA
Full Company Profile

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 Statements

Analyst 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 24.63% from the latest price.

Price Target
$17.0
(24.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TEGNA Names Christopher Franklin President and General Manager at WATN and WLMT

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Christopher Franklin president and general manager at WATN and WLMT in Memphis, Tennessee.

7 days ago - Business Wire

WFAA Collaborates with North Texas Food Bank and Tarrant Area Food Bank on Telethon to Raise Funds to Feed Children

Nourish North Texas Telethon Aims to Fund 1 Million Meals for Children. Nourish North Texas Telethon Aims to Fund 1 Million Meals for Children.

15 days ago - GlobeNewsWire

Large Local TV Station Owner Tegna Says NBCUniversal And Google Alum Michael Steib Will Succeed Dave Lougee As CEO This Summer

Tegna, one of the top local TV station owners in the U.S., says former NBCUniversal and Google exec Michael Steib will succeed David Lougee as CEO in August. After leaving his post as president, CEO a...

15 days ago - Deadline

TEGNA Names Michael Steib to Succeed David Lougee as President, CEO and Director

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Michael Steib to succeed David Lougee as President, CEO and Director; adds two new independent Directors.

15 days ago - Business Wire

TEGNA to Host Second Quarter 2024 Earnings Conference Call on Wednesday, August 7, 2024

TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its second quarter 2024 earnings results on Wednesday, August 7, 2024, at 10 a.m. (ET).

20 days ago - Business Wire

TEGNA Names Micah Malloy President and General Manager at NEWS CENTER Maine

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Micah Malloy president and general manager at WCSH and WLBZ in Maine.

27 days ago - Business Wire

TEGNA's WUSA9 Announces Exclusive Partnership with the NFL's Washington Commanders

WASHINGTON--(BUSINESS WIRE)--WUSA-TV, TEGNA's CBS affiliate serving Washington D.C., Virginia, and Maryland, announces exclusive partnership with the Washington Commanders.

4 weeks ago - Business Wire

TEGNA Stations Honored with 73 Regional Edward R. Murrow Awards

TYSONS, Va.--(BUSINESS WIRE)--TEGNA stations receive 73 Regional Edward R. Murrow Awards.

4 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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.

2 months ago - Business Wire

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 ...

2 months ago - Market Watch

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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).

3 months ago - Business Wire

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...

4 months ago - Business Wire

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.

4 months ago - Business Wire

TEGNA Announces Quarterly Dividend

TYSONS, Va.--(BUSINESS WIRE)--TEGNA declares a regular quarterly dividend of 11.375 cents per share.

4 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

DIRECTV and TEGNA Reach New Multi-Year Distribution Agreement

EL SEGUNDO, Calif., and TYSONS, Va.

6 months ago - PRNewsWire

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).

6 months ago - Business Wire