TEGNA Inc. (TGNA)
NYSE: TGNA · Real-Time Price · USD
18.52
+0.41 (2.26%)
Nov 21, 2024, 4:00 PM EST - Market closed
TEGNA Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TEGNA stock have an average target of 19, with a low estimate of 15 and a high estimate of 23. The average target predicts an increase of 2.59% from the current stock price of 18.52.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TEGNA stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | +2.59% | Nov 12, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $21 → $23 | Strong Buy | Maintains | $21 → $23 | +24.19% | Nov 8, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +13.39% | Aug 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +13.39% | Mar 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | -19.01% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
3.20B
from 2.91B
Increased by 9.93%
Revenue Next Year
2.87B
from 3.20B
Decreased by -10.25%
EPS This Year
3.26
from 2.28
Increased by 42.98%
EPS Next Year
2.03
from 3.26
Decreased by -37.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.3B | 3.0B | 3.4B | |
| Avg | 3.2B | 2.9B | 3.2B | |
| Low | 3.0B | 2.7B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 14.8% | -5.5% | 17.7% | |
| Avg | 9.9% | -10.3% | 11.7% | |
| Low | 4.4% | -16.1% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.62 | 2.40 | 4.43 | |
| Avg | 3.26 | 2.03 | 3.88 | |
| Low | 2.99 | 1.63 | 3.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 58.9% | -26.2% | 118.1% | |
| Avg | 43.0% | -37.7% | 91.0% | |
| Low | 31.1% | -50.1% | 63.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.