TEGNA Inc. (TGNA)

NYSE: TGNA · Real-Time Price · USD
18.66
-0.11 (-0.57%)
Dec 3, 2024, 12:54 PM EST - Market open
-0.57%
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]

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 $474.95 million, a decrease of -24.60%.

Financial Statements

Analyst 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.

Price Target
$19.0
(1.81% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

10 days ago - Seeking Alpha

TEGNA Announces Quarterly Dividend

TYSONS, Va.--(BUSINESS WIRE)--TEGNA declares a regular quarterly dividend of 12.5 cents per share.

13 days ago - Business Wire

TEGNA Appoints Dhanusha Sivajee Chief Experience Officer

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Dhanusha Sivajee senior vice president and chief experience officer.

22 days ago - Business Wire

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...

25 days ago - Seeking Alpha

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 ...

26 days ago - Business Wire

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.

4 weeks ago - Business Wire

TEGNA Names Alex Tolston Chief Legal Officer

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Alex Tolston senior vice president and chief legal officer.

6 weeks ago - Business Wire

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.

2 months ago - Business Wire

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).

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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.

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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.

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

4 months ago - Business Wire

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.

5 months 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.

6 months 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...

6 months 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.

6 months 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).

6 months 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.

6 months 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.

6 months 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.

6 months ago - Business Wire