Tegna Inc. (TGNA)
| Market Cap | 4.54B |
| Revenue (ttm) | 3.14B |
| Net Income (ttm) | 595.77M |
| Shares Out | 221.52M |
| EPS (ttm) | 2.69 |
| PE Ratio | 7.59 |
| Forward PE | 6.51 |
| Dividend | $0.31 (1.49%) |
| Ex-Dividend Date | Sep 2, 2021 |
| Volume | 447,097 |
| Open | 20.35 |
| Previous Close | 20.45 |
| Day's Range | 20.27 - 20.69 |
| 52-Week Range | 11.55 - 22.09 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 22.29 (+9.0%) |
| Est. Earnings Date | Nov 4, 2021 |
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 content and information to consumers across various platforms, including online, mobile, and social platforms; and owns and operates two multicast networks, True Crime Network that focuses on true-crime genre, and Quest that features factual-entertainment programs, such as science, history, and adventure-reality series. The company also provides solutions for advertisers through...
Financial Performance
In 2020, Tegna's revenue was $2.94 billion, an increase of 27.76% compared to the previous year's $2.30 billion. Earnings were $482.78 million, an increase of 68.66%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for Tegna stock is "Buy." The 12-month stock price forecast is 22.29, which is an increase of 9.00% from the latest price.
News
TEGNA Comments on DISH Negotiations
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Comments on DISH Negotiations
TV-station empire Tegna raises antitrust concerns over possible buyout bid
An auction of the Tegna TV-station empire has been thrown into doubt as the company has questioned whether a prospective sale to a leading bidder would face antitrust concerns from US regulators, The Po...
Barrington Downgrades Tegna To Market Perform - Read Why
Barrington analyst James Goss has downgraded Tegna Inc (NYSE:TGNA) to Market Perform from Outperform without a price target. Goss said reported takeover offers of $22 and $23 per share present fair val...
Why Tegna Jumped Nearly 11% Today
The television station conglomerate has confirmed last week's rumors that would-be buyers are putting offers on the table.
TEGNA Comments on Receipt of Acquisition Proposals
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA issues statement on receipt of acquisition proposals.
Why Are Tegna Shares Trading Higher Premarket Tuesday?
Apollo Global Management Inc (NYSE: APO) and Standard General collaboratively made a bid topping $8 billion for the local TV station owner Tegna Inc (NYSE: TGNA), New York Post reports. The offer price ...
Apollo, Standard General make $8B bid for Tegna TV stations: sources
Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said.
Why Shares of Tegna Jumped Almost 20% This Week
A long-rumored transaction might finally get done.
TEGNA Inc. (TGNA) Soars 8.5%: Is Further Upside Left in the Stock?
TEGNA Inc. (TGNA) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in...
TEGNA Launches Quest Streaming App Experience Bringing Viewers Hundreds of Hours of Adventure Reality Content
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced that Quest, a 24/7 adventure and exploration multicast network, has launched an ad-supported free streaming service.
TEGNA Announces Updated Share Repurchase Program
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced an updated timeline for the current $300 million share repurchase program.
Why Is TEGNA Inc. (TGNA) Down 4.4% Since Last Earnings Report?
TEGNA Inc. (TGNA) reported earnings 30 days ago. What's next for the stock?
TEGNA to Webcast Third Quarter 2021 Earnings Conference Call on Thursday, November 4
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA will host a conference call to discuss its third quarter 2021 earnings results on Thursday, November 4 at 9:00 a.m. (ET).
TEGNA May Be Old Media, But There's Still Money to Be Made in TV
TEGNA seems outdated compared to fancy streaming services. But a look at its numbers suggests there's still a lot of money to be made in TV.
TEGNA Stations Win 10 National Edward R. Murrow Awards
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA stations have won 10 National Edward R. Murrow Awards for excellence in broadcast journalism, more than any other news organization.
KARE 11 Awarded National Edward R. Murrow Award for Breaking News Coverage
MINNEAPOLIS, Aug. 17, 2021 (GLOBE NEWSWIRE) -- On Tuesday, August 17, KARE 11 was awarded two National Edward R. Murrow Award for excellence. One for Breaking News Coverage and one for Video Excellence....
Shutterstock Among This Week's Small And Mid-Cap Securities
Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This week, our deep-learning algorithms have identified Shutterstock among others.
KARE 11 Adds Reggie Wilson to 10pm Anchor Team
MINNEAPOLIS, Aug. 12, 2021 (GLOBE NEWSWIRE) -- KARE 11 has named Reggie Wilson as the new Sports Director at KARE 11, effective September 20, 2021. Wilson is an award-winning sports anchor, having repor...
Major Broadcasters Launch NEXTGEN TV on Four Local Television Stations in Indianapolis, IN
INDIANAPOLIS--(BUSINESS WIRE)--Four leading local television stations in Indianapolis, including WRTV (ABC), WTTK (CBS), WTHR (NBC), and WXIN (FOX), today bring NEXTGEN TV, a revolutionary new digital b...
TEGNA (TGNA) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
TEGNA's (TGNA) second-quarter 2021 results reflect record second-quarter growth in subscription revenues and advertising and marketing services revenues.
Tegna's Subscription, Advertising and Marketing Services Drives Q2 Beat
Tegna Inc (NYSE: TGNA) reported second-quarter FY21 revenue growth of 27% year-on-year to $732.9 million, beating the analyst consensus of $732.4 million. Higher subscription revenue and AMS revenue gro...
TEGNA Inc. (TGNA) Surpasses Q2 Earnings and Revenue Estimates
TEGNA Inc. (TGNA) delivered earnings and revenue surprises of 2.04% and 0.33%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
TEGNA Inc. Announces Record Second Quarter Results and Provides Third Quarter Guidance
TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. Announces Record Second Quarter Results and Provides Third Quarter Guidance
TEGNA Recognized as One of Achievers 50 Most Engaged Workplaces®
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced today its recognition as one of the 2021 Achievers 50 Most Engaged Workplaces.
TEGNA Names Lisa Columbia President and General Manager at WHAS in Louisville
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced that Lisa Columbia has been named president and general manager at WHAS11, the ABC affiliate in Louisville, Ky.