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Tegna Inc. (TGNA)

Stock Price: $11.80 USD -0.30 (-2.48%)
Updated Oct 19, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.58B
Revenue (ttm) 2.51B
Net Income (ttm) 238.56M
Shares Out 218.96M
EPS (ttm) 1.08
PE Ratio 10.93
Forward PE 7.56
Dividend $0.28
Dividend Yield 2.37%

Stock Quote

Trading Day Oct 19, 2020
Last Price $11.80
Previous Close $12.10
Change ($) -0.30
Change (%) -2.48%
Day's Open 12.19
Day's Range 11.78 - 12.20
Day's Volume 1,030,902
52-Week Range 9.61 - 18.31

More Stats

Market Cap 2.58B
Enterprise Value 6.61B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date Sep 3, 2020
Shares Outstanding 218.96M
Float 217.96M
EPS (basic) 1.10
EPS (diluted) 1.08
FCF / Share 1.91
Dividend $0.28
Dividend Yield 2.37%
Earnings Yield 9.15%
FCF Yield 16.22%
Payout Ratio 25.50%
Shares Short 4.09M
Short Ratio 3.20
Short % of Float 1.88%
Beta 1.32
PE Ratio 10.93
Forward PE 7.56
P/FCF Ratio 6.16
PS Ratio 1.03
PB Ratio 1.58
Revenue 2.51B
Operating Income 533.19M
Net Income 238.56M
Free Cash Flow 419.18M
Net Cash -4.03B
Net Cash / Share -18.40
Gross Margin 42.91%
Operating Margin 21.26%
Profit Margin 9.50%
FCF Margin 16.72%
ROA 6.01%
ROE 15.02%
ROIC 10.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 5
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$14.92*
(26.44% upside)
Low
13.0
Current: $11.80
High
18.0
Target: 14.92
*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 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.