TEGNA Inc. (TGNA)

NYSE: TGNA · IEX Real-Time Price · USD
14.87
+0.02 (0.10%)
Mar 28, 2024, 3:28 PM EDT - Market open
0.10%
Market Cap 2.61B
Revenue (ttm) 2.91B
Net Income (ttm) 476.72M
Shares Out 176.11M
EPS (ttm) 2.28
PE Ratio 6.54
Forward PE 4.59
Dividend $0.46 (3.06%)
Ex-Dividend Date Mar 7, 2024
Volume 961,451
Open 14.83
Previous Close 14.85
Day's Range 14.83 - 14.98
52-Week Range 13.40 - 17.37
Beta 0.50
Analysts Buy
Price Target 17.00 (+14.36%)
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]

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 14.36% from the latest price.

Price Target
$17.0
(14.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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).

9 days 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 weeks 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 weeks ago - Business Wire

TEGNA Announces Quarterly Dividend

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

5 weeks 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.

7 weeks 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.

2 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.

2 months ago - Business Wire

DIRECTV and TEGNA Reach New Multi-Year Distribution Agreement

EL SEGUNDO, Calif., and TYSONS, Va.

2 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).

2 months ago - Business Wire

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).

2 months ago - Business Wire

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

4 months ago - Forbes

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.

4 months ago - Business Wire

TEGNA Names Lauren Fisher Chief Legal Officer

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Lauren Fisher as senior vice president and chief legal officer.

5 months ago - Business Wire

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.

5 months ago - Business Wire

TEGNA Inc. Reports Third Quarter 2023 Results and Provides Fourth Quarter Guidance

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. (NYSE: TGNA) today announced financial results for the third quarter ended September 30, 2023. THIRD QUARTER FINANCIAL HIGHLIGHTS1: Total company reve...

5 months ago - Business Wire

Looking For Price Gains With Your Dividend? Analysts Are Bullish On These 3 Dividend Payers - Predicting 50%+ Upside

When the stock market gets rocky, dividends can provide a steady stream of income. And when those dividends come from companies with a bright future, that's a win-win for investors.

Other symbols: FLUV
5 months ago - Benzinga

TEGNA Appoints Doug Wieder President and General Manager at KARE in Minneapolis

TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Doug Wieder president and general manager at KARE-TV in Minneapolis.

6 months ago - Business Wire

TEGNA Appoints Kristie Gonzales President and General Manager at WXIA/WATL in Atlanta

TYSONS, Va.--(BUSINESS WIRE)--TEGNA has named Kristie Gonzales president and general manager at WXIA-TV and WATL-TV in Atlanta.

6 months ago - Business Wire

TEGNA Station WWL in New Orleans Receives News Emmy® Award

TYSONS, Va.--(BUSINESS WIRE)--TEGNA's WWL-TV received a News Emmy® for Outstanding Regional News Story: Investigative Report for “The Man Behind the Warehouse.”.

6 months ago - Business Wire

Cox Media Group, Havas Media, Horizon Media and TEGNA Receive Awards at TVB's 2023 Live Executive Summit

NEW YORK--(BUSINESS WIRE)--Winners of the 2023 TVB NEXT and TVB DEI Leadership Awards were announced earlier today at TVB's live Executive Summit, part of this year's hybrid Forward Conference. Every ...

7 months ago - Business Wire

TEGNA to Host Third Quarter 2023 Earnings Conference Call on Tuesday, November 7, 2023

TYSONS, Va.--(BUSINESS WIRE)--TEGNA will host a conference call to discuss its third quarter 2023 earnings results on Tuesday, November 7, 2023, at 10:00 a.m. (ET).

7 months ago - Business Wire

TEGNA Appoints Carrie Hofmann President and General Manager of WLTX in Columbia, South Carolina

TYSONS, Va.--(BUSINESS WIRE)--Carrie Hofmann has been named president and general manager of WLTX-TV, TEGNA's CBS affiliate in Columbia, SC, effective October 2.

7 months ago - Business Wire