TEGNA Inc. (TGNA)
NYSE: TGNA · IEX Real-Time Price · USD
15.52
-0.23 (-1.46%)
At close: Jul 19, 2024, 4:00 PM
15.43
-0.09 (-0.58%)
After-hours: Jul 20, 2024, 12:58 PM EDT
TEGNA Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TEGNA stock have an average target of 17, with a low estimate of 15 and a high estimate of 21. The average target predicts an increase of 9.54% from the current stock price of 15.52.
Analyst Consensus: Buy
* Price targets were last updated on Mar 1, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 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 | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $22 → $21 | Strong Buy | Maintains | $22 → $21 | +35.31% | Mar 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | -3.35% | Mar 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $17 → $15 | Hold | Maintains | $17 → $15 | -3.35% | Feb 9, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $17 | Hold | Initiates | $17 | +9.54% | Dec 6, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | +9.54% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
3.23B
from 2.91B
Increased by 11.10%
Revenue Next Year
2.93B
from 3.23B
Decreased by -9.37%
EPS This Year
3.37
from 2.28
Increased by 47.81%
EPS Next Year
2.17
from 3.37
Decreased by -35.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.4B | 3.1B | 3.5B | 3.2B |
| Avg | 3.2B | 2.9B | 3.3B | 3.1B |
| Low | 3.1B | 2.7B | 3.1B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 16.0% | -4.1% | 18.2% | -2.0% |
| Avg | 11.1% | -9.4% | 11.8% | -4.8% |
| Low | 5.5% | -16.1% | 4.7% | -8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.99 | 2.46 | 4.52 | 3.56 |
| Avg | 3.37 | 2.17 | 3.93 | 3.46 |
| Low | 2.94 | 1.70 | 3.33 | 3.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 75.0% | -27.1% | 108.0% | -9.4% |
| Avg | 47.8% | -35.6% | 80.9% | -11.9% |
| Low | 28.9% | -49.7% | 53.5% | -15.4% |
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.