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Tegna Inc. (TGNA)

Stock Price: $11.85 USD 0.14 (1.15%)
Updated Aug 7, 2020 2:50 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 2.59B
Revenue (ttm) 2.47B
Net Income (ttm) 298.56M
Shares Out 218.53M
EPS (ttm) 1.36
PE Ratio 8.71
Forward PE 6.76
Dividend $0.28
Dividend Yield 2.36%

Stock Quote

Trading Day Aug 7, 2020
Last Price $11.85
Previous Close $11.71
Change ($) 0.14
Change (%) 1.15%
Day's Open 11.60
Day's Range 11.60 - 11.89
Day's Volume 1,006,033
52-Week Range 9.61 - 18.31

More Stats

Market Cap 2.59B
Enterprise Value 6.73B
Earnings Date (est) Aug 10, 2020
Ex-Dividend Date Jun 4, 2020
Shares Outstanding 218.53M
Float 184.86M
EPS (basic) 1.38
EPS (diluted) 1.36
FCF / Share 1.60
Dividend $0.28
Dividend Yield 2.36%
Earnings Yield 11.48%
FCF Yield 13.51%
Payout Ratio 20.30%
Shares Short 6.86M
Short Ratio 3.97
Short % of Float 4.08%
Beta 1.38
PE Ratio 8.71
Forward PE 6.76
P/FCF Ratio 7.40
PS Ratio 1.05
PB Ratio 1.52
Revenue 2.47B
Operating Income 600.91M
Net Income 298.56M
Free Cash Flow 349.62M
Net Cash -4.14B
Net Cash / Share -18.96
Gross Margin 43.61%
Operating Margin 24.36%
Profit Margin 12.10%
FCF Margin 14.17%
ROA 6.60%
ROE 19.40%
ROIC 12.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 4
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$13.83*
(16.76% upside)
Low
10.0
Current: $11.85
High
18.0
Target: 13.83
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,2992,2071,9032,0041,7652,6261,6035,3535,2405,439
Revenue Growth4.18%15.99%-5.04%13.56%-32.8%63.81%-70.05%2.16%-3.65%-
Gross Profit1,0711,1419691,2091,0371,6719402,4092,2792,458
Operating Income5596985467086307073117908311,000
Net Income2864062744374601,062389424459588
Shares Outstanding217216216216225226229230238239
Earnings Per Share1.311.871.261.992.004.581.661.791.892.43
EPS Growth-29.95%48.41%-36.68%-0.5%-56.33%175.9%-7.26%-5.29%-22.22%-
Dividend Per Share0.280.289.080.568.030.800.650.650.200.13
Dividend Growth0%-96.92%1521.61%-93.02%903.13%22.32%0%233.67%49.62%-
Operating Cash Flow297527389679651848511757814773
Capital Expenditures-88.36-65.23-76.89-94.80-119-150-110-91.87-72.45-69.07
Free Cash Flow209462313584532697401665742704
Cash & Equivalents29.4013698.8015.88129110469175167183
Total Debt4,2852,9443,0084,0434,1704,4963,7131,4321,7602,352
Net Cash / Debt-4,256-2,809-2,909-4,028-4,040-4,386-3,244-1,257-1,593-2,169
Assets6,9545,2774,9628,5438,50611,2429,2416,3806,6166,817
Liabilities5,3643,9363,9675,9436,0257,7326,3313,8294,1044,399
Book Value1,5901,3419952,2712,1923,2552,6932,3512,3282,164
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Tegna Inc.
Country United States
Employees 6,883
CEO David T. Lougee

Stock Information

Ticker Symbol TGNA
Stock Exchange New York Stock Exchange
Sector Communication Services
Industry Broadcasting
Unique Identifier NYSE: TGNA

Description

TEGNA Inc. operates as a media company in the United States. The company operates television stations and radio stations that deliver television programming and digital content. It offers content and information to consumers across various platforms. The company also provides solutions for advertisers through TEGNA Marketing Solutions (TMS). TMS is a one-stop shop that helps businesses through a suite of services and solutions that reach consumers in television, email, and social platforms, as well as over-the-top (OTT) platforms, including Premion OTT advertising network. As of February 19, 2020, it operated 62 television stations and four radio stations in 51 markets. 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 Tysons, Virginia.