Tegna Inc. (TGNA)
Stock Price:
$11.85 USD
0.14 (1.15%)
Updated Aug 7, 2020 2:50 PM EDT - Market open
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 2,299 | 2,207 | 1,903 | 2,004 | 1,765 | 2,626 | 1,603 | 5,353 | 5,240 | 5,439 |
| Revenue Growth | 4.18% | 15.99% | -5.04% | 13.56% | -32.8% | 63.81% | -70.05% | 2.16% | -3.65% | - |
| Gross Profit | 1,071 | 1,141 | 969 | 1,209 | 1,037 | 1,671 | 940 | 2,409 | 2,279 | 2,458 |
| Operating Income | 559 | 698 | 546 | 708 | 630 | 707 | 311 | 790 | 831 | 1,000 |
| Net Income | 286 | 406 | 274 | 437 | 460 | 1,062 | 389 | 424 | 459 | 588 |
| Shares Outstanding | 217 | 216 | 216 | 216 | 225 | 226 | 229 | 230 | 238 | 239 |
| Earnings Per Share | 1.31 | 1.87 | 1.26 | 1.99 | 2.00 | 4.58 | 1.66 | 1.79 | 1.89 | 2.43 |
| EPS Growth | -29.95% | 48.41% | -36.68% | -0.5% | -56.33% | 175.9% | -7.26% | -5.29% | -22.22% | - |
| Dividend Per Share | 0.28 | 0.28 | 9.08 | 0.56 | 8.03 | 0.80 | 0.65 | 0.65 | 0.20 | 0.13 |
| Dividend Growth | 0% | -96.92% | 1521.61% | -93.02% | 903.13% | 22.32% | 0% | 233.67% | 49.62% | - |
| Operating Cash Flow | 297 | 527 | 389 | 679 | 651 | 848 | 511 | 757 | 814 | 773 |
| Capital Expenditures | -88.36 | -65.23 | -76.89 | -94.80 | -119 | -150 | -110 | -91.87 | -72.45 | -69.07 |
| Free Cash Flow | 209 | 462 | 313 | 584 | 532 | 697 | 401 | 665 | 742 | 704 |
| Cash & Equivalents | 29.40 | 136 | 98.80 | 15.88 | 129 | 110 | 469 | 175 | 167 | 183 |
| Total Debt | 4,285 | 2,944 | 3,008 | 4,043 | 4,170 | 4,496 | 3,713 | 1,432 | 1,760 | 2,352 |
| Net Cash / Debt | -4,256 | -2,809 | -2,909 | -4,028 | -4,040 | -4,386 | -3,244 | -1,257 | -1,593 | -2,169 |
| Assets | 6,954 | 5,277 | 4,962 | 8,543 | 8,506 | 11,242 | 9,241 | 6,380 | 6,616 | 6,817 |
| Liabilities | 5,364 | 3,936 | 3,967 | 5,943 | 6,025 | 7,732 | 6,331 | 3,829 | 4,104 | 4,399 |
| Book Value | 1,590 | 1,341 | 995 | 2,271 | 2,192 | 3,255 | 2,693 | 2,351 | 2,328 | 2,164 |
Numbers in millions USD, except per-share numbers.
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.