tegna inc. - TGNA
TGNA
Close Chg Chg %
17.87 0.24 1.34%
Closed Market
18.11
+0.24 (1.34%)
Volume: 1.05M
Last Updated:
Nov 20, 2024, 4:00 PM EDT
Company Overview: tegna inc. - TGNA
TGNA Key Data
| Open $17.97 | Day Range 17.90 - 18.15 |
| 52 Week Range 12.35 - 19.61 | Market Cap $2.88B |
| Shares Outstanding 161.12M | Public Float 158.86M |
| Beta 0.50 | Rev. Per Employee N/A |
| P/E Ratio 6.30 | EPS $2.85 |
| Yield 267.06% | Dividend $0.13 |
| EX-DIVIDEND DATE Sep 6, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.85M |
TGNA Performance
| 1 Week | 2.66% | ||
| 1 Month | 7.48% | ||
| 3 Months | 29.08% | ||
| 1 Year | 14.04% | ||
| 5 Years | 19.22% |
TGNA Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
7
Full Ratings ➔
About tegna inc. - TGNA
TEGNA, Inc. is a media company, which serves the greater good of its communities through empowering stories, impactful investigations and innovative marketing services. It also owns multicast networks Justice Network and Quest. The firm also offers marketing solutions to help businesses reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
TGNA At a Glance
TEGNA, Inc.
8350 Broad Street
Tysons, Virginia 22102-5151
| Phone | 1-703-873-6600 | Revenue | 2.91B | |
| Industry | Broadcasting | Net Income | 474.20M | |
| Sector | Consumer Services | Employees | 6,200 | |
| Fiscal Year-end | 12 / 2024 | |||
| View SEC Filings |
TGNA Valuation
| P/E Current | 6.296 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 6.699 |
| Price to Sales Ratio | 1.093 |
| Price to Book Ratio | 1.018 |
| Price to Cash Flow Ratio | 5.418 |
| Enterprise Value to EBITDA | 8.172 |
| Enterprise Value to Sales | 2.06 |
| Total Debt to Enterprise Value | 0.527 |
TGNA Efficiency
| Revenue/Employee | 469,504.839 |
| Income Per Employee | 76,483.71 |
| Receivables Turnover | 4.593 |
| Total Asset Turnover | 0.406 |
TGNA Liquidity
| Current Ratio | 2.481 |
| Quick Ratio | 2.481 |
| Cash Ratio | 0.853 |
TGNA Profitability
| Gross Margin | 37.062 |
| Operating Margin | 21.325 |
| Pretax Margin | 20.837 |
| Net Margin | 16.29 |
| Return on Assets | 6.619 |
| Return on Equity | 16.418 |
| Return on Total Capital | 8.088 |
| Return on Invested Capital | 7.856 |
TGNA Capital Structure
| Total Debt to Total Equity | 116.769 |
| Total Debt to Total Capital | 53.868 |
| Total Debt to Total Assets | 45.12 |
| Long-Term Debt to Equity | 116.328 |
| Long-Term Debt to Total Capital | 53.665 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Tegna Inc. - TGNA
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 2.94B | 2.99B | 3.28B | 2.91B | |
Sales Growth
| +27.76% | +1.81% | +9.63% | -11.23% | |
Cost of Goods Sold (COGS) incl D&A
| 1.63B | 1.73B | 1.81B | 1.83B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 134.57M | 127.85M | 121.08M | 113.24M | |
Depreciation
| 66.88M | 64.84M | 61.20M | 59.77M | |
Amortization of Intangibles
| 67.69M | 63.01M | 59.88M | 53.47M | |
COGS Growth
| +22.33% | +5.98% | +5.08% | +0.98% | |
Gross Income
| 1.31B | 1.26B | 1.46B | 1.08B | |
Gross Income Growth
| +35.22% | -3.37% | +15.85% | -26.36% | |
Gross Profit Margin
| +44.54% | +42.27% | +44.67% | +37.06% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 441.88M | 460.83M | 454.12M | 458.08M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 441.88M | 460.83M | 454.12M | 458.08M | |
SGA Growth
| +17.25% | +4.29% | -1.46% | +0.87% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| (4.35M) | 1.53M | 20.19M | (112.79M) | |
EBIT after Unusual Expense
| 870.98M | 802.12M | 990.63M | 733.54M | |
Non Operating Income/Expense
| (23.63M) | (2.79M) | 16.96M | 45.91M | |
Non-Operating Interest Income
| - | - | - | 29.29M | - |
Equity in Earnings of Affiliates
| 10.40M | (9.71M) | (4.47M) | (877.00K) | |
Interest Expense
| 210.29M | 185.65M | 174.02M | 172.90M | |
Interest Expense Growth
| +2.35% | -11.72% | -6.26% | -0.64% | |
Gross Interest Expense
| 210.29M | 185.65M | 174.02M | 172.90M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 637.06M | 613.68M | 833.57M | 606.55M | |
Pretax Income Growth
| +69.58% | -3.67% | +35.83% | -27.23% | |
Pretax Margin
| +21.68% | +20.52% | +25.42% | +20.84% | |
Income Tax
| 154.29M | 135.48M | 202.37M | 130.20M | |
Income Tax - Current - Domestic
| 145.76M | 125.56M | 184.89M | 110.46M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 8.53M | 9.92M | 17.48M | 19.74M | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| 10.40M | (9.71M) | (4.47M) | (877.00K) | |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 482.76M | 478.20M | 631.20M | 476.35M | |
Minority Interest Expense
| 933.00K | 1.20M | 1.29M | 2.15M | |
Net Income
| 481.83M | 477.00M | 629.91M | 474.20M | |
Net Income Growth
| +68.33% | -1.00% | +32.06% | -24.72% | |
Net Margin Growth
| +16.40% | +15.95% | +19.21% | +16.29% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 481.83M | 477.00M | 629.91M | 474.20M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 481.83M | 477.00M | 629.91M | 474.95M | |
EPS (Basic)
| 2.1978 | 2.1535 | 2.8165 | 2.2879 | |
EPS (Basic) Growth
| +66.73% | -2.02% | +30.79% | -18.77% | |
Basic Shares Outstanding
| 219.23M | 221.50M | 223.65M | 207.59M | |
EPS (Diluted)
| 2.1928 | 2.1441 | 2.806 | 2.284 | |
EPS (Diluted) Growth
| +66.99% | -2.22% | +30.87% | -18.60% | |
Diluted Shares Outstanding
| 219.73M | 222.47M | 224.49M | 207.95M | |
EBITDA
| 1.00B | 931.50M | 1.13B | 733.99M | |
EBITDA Growth
| +42.74% | -6.96% | +21.51% | -35.15% | |
EBITDA Margin
| +34.08% | +31.14% | +34.52% | +25.21% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 20.70 | |
| Number of Ratings | 7 | Current Quarters Estimate | 1.184 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 3.114 | |
| Last Quarter’s Earnings | 0.94 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 1.74 | Next Fiscal Year Estimate | 1.917 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 6 | 4 | 6 | 6 |
| Mean Estimate | 1.18 | 0.47 | 3.11 | 1.92 |
| High Estimates | 1.26 | 0.58 | 3.68 | 2.27 |
| Low Estimate | 1.14 | 0.34 | 2.95 | 1.66 |
| Coefficient of Variance | 3.64 | 22.25 | 8.98 | 12.30 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 3 | 3 | 4 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 4 | 4 | 3 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Tegna Inc. - TGNA
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Tegna Inc. - TGNA
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 20, 2024 | Catherine Dunleavy Director | N/A | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.6 per share | 0.00 |
| Aug 20, 2024 | Catherine Dunleavy Director | N/A | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $14.02 per share | 0.00 |
| Jul 3, 2024 | David T. Lougee President and CEO; Director | 594,401 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.98 per share | 8,309,725.98 |
| Jun 11, 2024 | Lynn Beall Trelstad EVP and COO, Media Operations | 190,474 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.99 per share | 2,664,731.26 |
| Jun 5, 2024 | Julie Heskett SVP and CFO | 61,912 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 5, 2024 | Tom R. Cox See Remarks | 119,777 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.91 per share | 1,785,875.07 |
| Jun 5, 2024 | Julie Heskett SVP and CFO | 43,751 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.91 per share | 652,327.41 |
| Jun 5, 2024 | Tom R. Cox See Remarks | 139,227 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 5, 2024 | Tom R. Cox See Remarks | 40,268 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 5, 2024 | Julie Heskett SVP and CFO | 40,268 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 16, 2024 | Clifton A. McClelland SVP, Cntlr and Prin. Acc. Off. | 42,602 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $15.78 per share | 672,259.56 |
| May 6, 2024 | Stuart Joel Epstein Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Howard D. Elias Director | 9,399 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Stuart Joel Epstein Director | 53,894 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Karen H. Grimes Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Karen H. Grimes Director | 33,987 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Melinda C. Witmer Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Neal Shapiro Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Melinda C. Witmer Director | 45,226 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 6, 2024 | Gina L. Bianchini Director | 39,705 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |