TEGNA Statistics
Total Valuation
TEGNA has a market cap or net worth of $2.38 billion. The enterprise value is $5.17 billion.
| Market Cap | 2.38B |
| Enterprise Value | 5.17B |
Important Dates
The next confirmed earnings date is Wednesday, May 8, 2024, before market open.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | Mar 7, 2024 |
Share Statistics
TEGNA has 176.11 million shares outstanding. The number of shares has decreased by -7.37% in one year.
| Shares Outstanding | 176.11M |
| Shares Change (YoY) | -7.37% |
| Shares Change (QoQ) | -6.56% |
| Owned by Insiders (%) | 1.30% |
| Owned by Institutions (%) | 95.20% |
| Float | 174.03M |
Valuation Ratios
The trailing PE ratio is 5.94 and the forward PE ratio is 4.17. TEGNA's PEG ratio is 0.96.
| PE Ratio | 5.94 |
| Forward PE | 4.17 |
| PS Ratio | 0.82 |
| Forward PS | 0.73 |
| PB Ratio | 0.88 |
| P/FCF Ratio | 4.48 |
| PEG Ratio | 0.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.79, with an EV/FCF ratio of 9.71.
| EV / Earnings | 10.84 |
| EV / Sales | 1.78 |
| EV / EBITDA | 5.79 |
| EV / EBIT | 6.63 |
| EV / FCF | 9.71 |
Financial Position
The company has a current ratio of 2.48, with a Debt / Equity ratio of 1.16.
| Current Ratio | 2.48 |
| Quick Ratio | 2.35 |
| Debt / Equity | 1.16 |
| Debt / EBITDA | 3.52 |
| Debt / FCF | 5.91 |
| Interest Coverage | 4.51 |
Financial Efficiency
Return on equity (ROE) is 16.30% and return on invested capital (ROIC) is 9.85%.
| Return on Equity (ROE) | 16.30% |
| Return on Assets (ROA) | 6.60% |
| Return on Capital (ROIC) | 9.85% |
| Revenue Per Employee | $469,505 |
| Profits Per Employee | $76,891 |
| Employee Count | 6,200 |
| Asset Turnover | 0.41 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TEGNA has paid $130.20 million in taxes.
| Income Tax | 130.20M |
| Effective Tax Rate | 21.45% |
Stock Price Statistics
The stock price has decreased by -19.07% in the last 52 weeks. The beta is 0.49, so TEGNA's price volatility has been lower than the market average.
| Beta (1Y) | 0.49 |
| 52-Week Price Change | -19.07% |
| 50-Day Moving Average | 14.19 |
| 200-Day Moving Average | 15.18 |
| Relative Strength Index (RSI) | 40.74 |
| Average Volume (30 Days) | 2,289,951 |
Short Selling Information
The latest short interest is 7.52 million, so 4.27% of the outstanding shares have been sold short.
| Short Interest | 7.52M |
| Short Previous Month | 6.56M |
| Short % of Shares Out | 4.27% |
| Short % of Float | 4.32% |
| Short Ratio (days to cover) | 3.73 |
Income Statement
In the last 12 months, TEGNA had revenue of $2.91 billion and earned $476.72 million in profits. Earnings per share was $2.28.
| Revenue | 2.91B |
| Gross Profit | 1.19B |
| Operating Income | 733.55M |
| Pretax Income | 606.92M |
| Net Income | 476.72M |
| EBITDA | 893.06M |
| EBIT | 779.83M |
| Earnings Per Share (EPS) | $2.28 |
Balance Sheet
The company has $361.04 million in cash and $3.15 billion in debt, giving a net cash position of -$2.79 billion or -$15.82 per share.
| Cash & Cash Equivalents | 361.04M |
| Total Debt | 3.15B |
| Net Cash | -2.79B |
| Net Cash Per Share | -$15.82 |
| Equity / Book Value | 2.70B |
| Book Value Per Share | 15.36 |
| Working Capital | 626.95M |
Cash Flow
In the last 12 months, operating cash flow was $587.25 million and capital expenditures -$54.69 million, giving a free cash flow of $532.56 million.
| Operating Cash Flow | 587.25M |
| Capital Expenditures | -54.69M |
| Free Cash Flow | 532.56M |
| FCF Per Share | $2.57 |
Margins
Gross margin is 40.95%, with operating and profit margins of 25.20% and 16.38%.
| Gross Margin | 40.95% |
| Operating Margin | 25.20% |
| Pretax Margin | 20.85% |
| Profit Margin | 16.38% |
| EBITDA Margin | 30.68% |
| EBIT Margin | 26.79% |
| FCF Margin | 18.30% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 3.36%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 3.36% |
| Dividend Growth (YoY) | 14.80% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 19.96% |
| Buyback Yield | 7.37% |
| Shareholder Yield | 10.73% |
| Earnings Yield | 19.99% |
| FCF Yield | 22.33% |
Analyst Forecast
The average price target for TEGNA is $17.00, which is 25.55% higher than the current price. The consensus rating is "Buy".
| Price Target | $17.00 |
| Price Target Difference | 25.55% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 4.06% |
| EPS Growth Forecast (5Y) | 14.04% |
Stock Splits
The last stock split was on June 1, 2017. It was a forward split with a ratio of 15625:1000.
| Last Split Date | Jun 1, 2017 |
| Split Type | Forward |
| Split Ratio | 15625:1000 |
Scores
TEGNA has an Altman Z-Score of 2.84 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.84 |
| Piotroski F-Score | 6 |