TEGNA Inc. (TGNA)
Market Cap | 3.01B |
Revenue (ttm) | 2.96B |
Net Income (ttm) | 493.00M |
Shares Out | 161.12M |
EPS (ttm) | 2.81 |
PE Ratio | 6.63 |
Forward PE | 7.22 |
Dividend | $0.50 (2.68%) |
Ex-Dividend Date | Sep 6, 2024 |
Volume | 450,604 |
Open | 18.78 |
Previous Close | 18.77 |
Day's Range | 18.57 - 18.85 |
52-Week Range | 12.35 - 19.62 |
Beta | 0.52 |
Analysts | Buy |
Price Target | 19.00 (+1.81%) |
Earnings Date | Nov 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]
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 $474.95 million, a decrease of -24.60%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TGNA stock is "Buy." The 12-month stock price forecast is $19.0, which is an increase of 1.81% from the latest price.
News
TEGNA: Strong Cash Flow And M&A Potential Enables More Upside
TEGNA shares have surged 33% since September, driven by strong Q3 results and M&A optimism, nearing my $19-20 fair value target. Despite cord-cutting pressures, TEGNA's local news and sports rights pr...
TEGNA Announces Quarterly Dividend
TYSONS, Va.--(BUSINESS WIRE)--TEGNA declares a regular quarterly dividend of 12.5 cents per share.
TEGNA Appoints Dhanusha Sivajee Chief Experience Officer
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Dhanusha Sivajee senior vice president and chief experience officer.
TEGNA Inc. (TGNA) Q3 2024 Earnings Call Transcript
TEGNA Inc. (NYSE:TGNA) Q3 2024 Earnings Call November 7, 2024 9:00 AM ET Company Participants Kirk von Seelen - Investor Relations Mike Steib - Chief Executive Officer Julie Heskett - Chief Financial...
TEGNA Inc. Reports Third Quarter 2024 Results and Provides Fourth Quarter 2024 Guidance
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. (NYSE: TGNA) today announced financial results for the third quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS: All Year-Over-Year ...
TEGNA Names Carolyn Mungo President and General Manager at WFAA-KFAA
TYSONS, Va.--(BUSINESS WIRE)--Carolyn Mungo has been named president and general manager at TEGNA's WFAA and KFAA serving Dallas-Ft. Worth.
TEGNA Names Alex Tolston Chief Legal Officer
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Alex Tolston senior vice president and chief legal officer.
TEGNA Announces Mid-2025 Departure of Chief Operating Officer, Lynn Beall
TYSONS, Va.--(BUSINESS WIRE)--Lynn Beall, TEGNA's executive vice president and chief operating officer of media operations, will depart the company in mid-2025.
TEGNA to Host Third Quarter 2024 Earnings Conference Call on Thursday, November 7, 2024
TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its third quarter 2024 earnings results on Thursday, November 7, 2024, at 9 a.m. (ET).
TEGNA Stock: Buybacks Can Reward Patient Investors
TEGNA shares have underperformed despite buybacks, given cord-cutting risks, but political spending and cost discipline offer potential upside. Recent results met expectations, with cost discipline ef...
TEGNA Announces Forthcoming Retirement of SVP of News, Ellen Crooke
TYSONS, Va.--(BUSINESS WIRE)--Ellen Crooke, senior vice president of news, has made the decision to retire from TEGNA in January 2025.
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...
TEGNA Names Carrie Yates President and General Manager at WZDX in Huntsville
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Carrie Yates president and general manager at WZDX in Huntsville, Alabama.
ALLCITY Network Raises Series B Led By TEGNA
DENVER , Aug. 20, 2024 /PRNewswire/ -- ALLCITY Network, the operator of multi-platform local sports networks, has raised its Series B funding. The round is led by public broadcast company, TEGNA (NYSE...
TEGNA Stations Receive Ten National 2024 Edward R. Murrow Awards
TYSONS, Va.--(BUSINESS WIRE)--TEGNA stations received ten 2024 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other station group.
TEGNA Names Jim Kizer President and General Manager at WOI and KCWI
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Jim Kizer president and general manager at WOI and KCWI in Des Moines, Iowa.
TEGNA Inc. Reports Second Quarter 2024 Results and Provides Third Quarter 2024 Guidance
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. Reports Second Quarter 2024 Results and Provides Third Quarter 2024 Guidance.
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.
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.
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...
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.
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).
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.
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.
TEGNA Stations Honored with 73 Regional Edward R. Murrow Awards
TYSONS, Va.--(BUSINESS WIRE)--TEGNA stations receive 73 Regional Edward R. Murrow Awards.