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Tegna Inc. (TGNA)

NYSE: TGNA · IEX Real-Time Price · USD
20.45 0.00 (0.00%)
Oct 22, 2021 1:07 PM EDT - Market open
Market Cap4.54B
Revenue (ttm)3.14B
Net Income (ttm)595.77M
Shares Out221.52M
EPS (ttm)2.69
PE Ratio7.59
Forward PE6.51
Dividend$0.31 (1.49%)
Ex-Dividend DateSep 2, 2021
Volume447,097
Open20.35
Previous Close20.45
Day's Range20.27 - 20.69
52-Week Range11.55 - 22.09
Beta1.23
AnalystsBuy
Price Target22.29 (+9.0%)
Est. Earnings DateNov 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...

IndustryMedia
Founded1906
CEODavid Lougee
Employees6,430
Stock ExchangeNYSE
Ticker SymbolTGNA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$22.29
(9.00% upside)
Analyst Consensus: Buy

News

TEGNA Comments on DISH Negotiations

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Comments on DISH Negotiations

3 days ago - Business Wire

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...

3 weeks ago - New York Post

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...

4 weeks ago - Benzinga

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.

1 month ago - The Motley Fool

TEGNA Comments on Receipt of Acquisition Proposals

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA issues statement on receipt of acquisition proposals.

1 month ago - Business Wire

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 ...

1 month ago - Benzinga

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.

1 month ago - New York Post

Why Shares of Tegna Jumped Almost 20% This Week

A long-rumored transaction might finally get done.

1 month ago - The Motley Fool

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...

1 month ago - Zacks Investment Research

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.

1 month ago - Business Wire

TEGNA Announces Updated Share Repurchase Program

TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA announced an updated timeline for the current $300 million share repurchase program.

1 month ago - Business Wire

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?

1 month ago - Zacks Investment Research

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).

1 month ago - Business Wire

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.

2 months ago - InvestorPlace

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.

2 months ago - Business Wire

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....

2 months ago - GlobeNewsWire

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.

Other symbols:SSTKGTESHETBI
2 months ago - Forbes

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...

2 months ago - GlobeNewsWire

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...

Other symbols:NXSTSSP
2 months ago - Business Wire

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.

2 months ago - Zacks Investment Research

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...

2 months ago - Benzinga

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?

2 months ago - Zacks Investment Research

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

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire