Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Tegna Inc Stock Research

TGNA

15.25USD+0.29(+1.94%)Market Closed
Watchlist

Market Summary

USD15.25+0.29
Market Closed
1.94%

TGNA Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

TGNA Stock Price

TGNA RSI Chart

TGNA Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

4.96

Price/Sales (Trailing)

1.04

Price/Free Cashflow

4.85

TGNA Price/Sales (Trailing)

TGNA Profitability

Return on Equity

19.06%

Return on Assets

8.12%

Free Cashflow Yield

20.64%

TGNA Fundamentals

TGNA Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

-6.8%

Revenue Q/Q

-1.19%

TGNA Earnings

Earnings (TTM)

669.1M

Earnings Y/Y

52.09%

Earnings Q/Q

91.85%

Price Action

52 Week Range

22.29
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-7.1%

Last 90 days

-0.3%

Trailing 12 Months

-29.5%

TGNA Financial Health

Current Ratio

3.7

Debt/Equity

1

Debt/Cashflow

0.26

TGNA Investor Care

Dividend Yield

2.49%

Dividend/Share (TTM)

0.38

Buy Backs (1Y)

2.61%

Diluted EPS (TTM)

3.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for TGNA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-30
Trelstad Lynn B.
sold
-497,100
16.57
-30,000
evp and coo, media operations
2023-08-30
Trelstad Lynn B.
sold
-109,740
16.65
-6,591
evp and coo, media operations
2023-05-01
Grimes Karen H.
acquired
-
-
6,039
-
2023-05-01
Epstein Stuart J.
acquired
-
-
6,039
-
2023-05-01
NOLOP BRUCE P
acquired
-
-
6,039
-
2023-05-01
McCune Scott K
acquired
-
-
6,039
-
2023-05-01
Fonseca Lidia
acquired
-
-
6,039
-
2023-04-01
Witmer Melinda
acquired
-
-
8,576
-
2023-02-28
Trelstad Lynn B.
sold (taxes)
-72,645
17.4
-4,175
evp and coo, media operations
2023-02-28
Trelstad Lynn B.
sold (taxes)
-829,214
17.4
-47,656
evp and coo, media operations

1–10 of 50

Which funds bought or sold TGNA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
reduced
-11.75
-856
4,758
-%
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
new
-
5,949,440
5,949,440
0.15%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-41.00
991
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
6,528
6,528
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-69,144
1,675,970
0.02%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-2.48
-26,082
384,032
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.84
37,000
610,000
0.01%
2023-08-21
BOKF, NA
sold off
-100
-68.00
-
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-6.64
-569,486
4,939,620
0.01%
2023-08-17
STANSBERRY ASSET MANAGEMENT, LLC
reduced
-55.44
-5,920,470
4,429,810
0.81%

1–10 of 49

Latest Funds Activity

Are funds buying TGNA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TGNA
No. of Funds

Schedule 13G FIlings of Tegna

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
boston partners
1.06%
2,377,752
SC 13G/A
Feb 09, 2023
vanguard group inc
10.52%
23,487,739
SC 13G/A
Jan 23, 2023
blackrock inc.
12.2%
27,262,784
SC 13G/A
Feb 11, 2022
boston partners
5.16%
11,420,907
SC 13G
Feb 10, 2022
vanguard group inc
10.55%
23,336,977
SC 13G/A
Jan 27, 2022
blackrock inc.
11.9%
26,368,438
SC 13G/A
Jan 25, 2022
blackrock inc.
11.9%
26,368,438
SC 13G/A
May 12, 2021
standard general l.p.
4.8%
10,613,149
SC 13D/A
May 10, 2021
vanguard group inc
10.07%
22,224,881
SC 13G/A
Mar 17, 2021
standard general l.p.
7.0%
15,375,927
SC 13D/A

Recent SEC filings of Tegna

View All Filings
Date Filed Form Type Document
Aug 31, 2023
4
Insider Trading
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
144/A
144/A
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading
Aug 23, 2023
4
Insider Trading

Peers (Alternatives to Tegna)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
67.1B
54.5B
8.09% 26.57%
14.01
1.23
2.60% -15.83%
15.8B
9.0B
-3.98% -28.94%
13.65
1.76
0.44% -8.55%
MID-CAP
6.9B
2.4B
-0.99% 44.33%
39.27
2.93
7.76% -7.72%
5.1B
5.3B
-8.37% -22.64%
7.27
0.97
8.13% -23.40%
3.6B
1.7B
-1.28% -35.52%
33.95
2.12
-1.31% -70.36%
3.4B
16.0B
0.32% -60.34%
1.85
0.21
-8.20% -13.13%
3.3B
3.2B
-7.07% -29.50%
4.96
1.04
3.30% 27.80%
SMALL-CAP
1.5B
9.4B
11.55% -54.87%
-384.5
0.16
-6.01% -100.49%
510.2M
3.8B
-2.56% -64.63%
-0.38
0.13
1.55% -1758.48%
406.0M
64.7M
-2.37% 15.43%
-24.04
6.28
36.21% 47.57%
384.7M
2.8B
-12.84% 30.30%
-16.25
0.14
-10.68% 63.24%
72.3M
720.8M
2.74% -36.68%
-5.33
0.09
-7.74% -205.58%

Tegna News

Best Stocks
TEGNA Inc.'s Increasing Position and Analyst Attention Spark ....
Best Stocks,
28 hours ago
Investing.com UK

Returns for TGNA

Cumulative Returns on TGNA

3.6%


10-Year Cumulative Returns

3.7%


7-Year Cumulative Returns

6.6%


5-Year Cumulative Returns

9.8%


3-Year Cumulative Returns

Risks for TGNA

What is the probability of a big loss on TGNA?

52.7%


Probability that Tegna stock will be more than 20% underwater in next one year

32.3%


Probability that Tegna stock will be more than 30% underwater in next one year.

18.9%


Probability that Tegna stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TGNA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Tegna was unfortunately bought at previous high price.

Drawdowns

Financials for Tegna

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.6%3,1923,2453,2793,1373,0903,0382,9913,1543,1362,9812,9382,6942,5082,4672,2992,2482,2352,2222,2072,0551,981
  S&GA Expenses-0.6%409412415410412409396384374362366371359348327310308313315302296
EBITDA-----824828864--969981730727708684810795811---
EBITDA Margin-----0.27*0.27*0.29*--0.32*0.33*0.27*0.29*0.29*0.30*0.36*0.36*0.36*---
Interest Expenses-0.1%173173174176179183186189195200210221222216205192188191192193197
Earnings Before Taxes-------614---637---376-514530509414369
EBT Margin-----0.20*0.20*0.21*--0.21*0.22*0.14*0.15*0.15*0.16*0.23*0.23*0.24*---
Net Income11.4%669601630541524499477592596509483322239299286363412424406548494
Net Income Margin-100.0%-0.19*0.19*0.17*0.17*0.16*0.16*0.19*0.19*0.17*0.16*0.12*0.10*0.12*0.12*------
Free Cashflow-100.0%-738761701638584439578639640760531419350209------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-3.8%7,1157,3947,3297,1246,9656,8546,9186,9316,8436,8586,8496,9456,9286,8946,9546,9025,4135,3245,2775,1735,143
  Current Assets-18.3%1,1441,4001,3041,071885769788757698693673763711647707648537519635531503
    Cash Equivalents-28.4%48968355237720143.0057.0051.0057.0013.0041.0016517335.0029.009.0029.004.0013624.0025.00
  Net PPE-0.8%442445457457459457467460466470470471481485486471385387375355351
  Goodwill0%2,9822,9822,9822,9822,9822,9822,9822,9822,9822,9822,9692,9692,9692,9672,95112824.002,6062,5972,5972,597
Liabilities-0.8%4,1934,2254,2404,2294,2074,2184,3824,4954,5694,7034,7765,1315,2395,2225,3645,3813,9333,9183,9363,9674,026
  Current Liabilities-12.0%333378391395371380375351318389424399317324361375277324369360261
    LT Debt, Current--------------------0.000.00
    LT Debt, Non Current0.0%3,0713,0703,0693,0683,0683,0673,2323,3373,4563,5173,5533,9064,0984,0724,1794,1812,9542,8912,9442,9893,131
Shareholder's Equity-7.8%2,9043,1513,0722,8782,7422,6192,5202,4202,2592,1392,0581,8001,6751,6581,5901,5221,4801,4051,3411,2061,117
  Retained Earnings1.4%7,9897,8807,8987,7047,5837,4807,4597,3517,2497,1527,0766,8476,7306,7266,6556,5866,5536,4886,4306,2846,202
  Additional Paid-In Capital0%28.0028.0028.0028.0028.0028.0028.0028.0028.0028.00113120140152247252256263301306304
Accumulated Depreciation1.8%635623610599612601587574582570556541544529512515510497483477471
Shares Outstanding-3.0%218225-224224223-222222221-220219218-217217217-216216
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-7.4%728786812760697640502632688686805599494426297409490524527370300
  Share Based Compensation-6.6%22.0024.0030.0032.0033.0033.0032.0031.0029.0030.0020.0019.0018.0015.0020.0014.0014.0013.0013.0015.0015.00
Cashflow From Investing9.8%-43.32-48.02-51.23-59.96-58.82-53.35-69.26-80.46-72.72-67.19-59.52-64.85-1,386-1,469-1,563-1,545-240-146-374-329-111
Cashflow From Financing-302.8%-396-98.39-266-374-494-555-416-664-731-640-734-3781,0361,0741,1601,121-245-382-144-430-341
  Dividend Payments-2.4%83.0085.0085.0085.0084.0084.0078.0073.0067.0061.0076.0076.0076.0076.0061.0061.0060.0060.0060.0060.0060.00
  Buy Backs-1,755-----------------6.0021.0021.00

TGNA Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues$ 731,506$ 784,881$ 1,471,833$ 1,559,004
Operating expenses:    
Cost of revenues[1]430,528420,235857,460831,685
Business units - Selling, general and administrative expenses97,23199,585196,340201,554
Corporate - General and administrative expenses26,50613,61238,60634,932
Depreciation14,98715,53430,03630,839
Amortization of intangible assets13,29614,99926,87829,999
Asset impairment and other3,359(105)3,359(163)
Merger termination fee(136,000)0(136,000)0
Total449,907563,8601,016,6791,128,846
Operating income281,599221,021455,154430,158
Non-operating (expense) income:    
Equity loss in unconsolidated investments, net(283)(236)(520)(4,047)
Interest expense(42,797)(42,950)(85,703)(86,570)
Other non-operating items, net5,781(1,865)11,19215,454
Total(37,299)(45,051)(75,031)(75,163)
Income before income taxes244,300175,970380,123354,995
Provision for income taxes44,20744,03076,02688,768
Net Income200,093131,940304,097266,227
Net loss (income) attributable to redeemable noncontrolling interest12(371)311(424)
Net income attributable to TEGNA Inc.$ 200,105$ 131,569$ 304,408$ 265,803
Earnings per share:    
Basic (in dollars per share)$ 0.92$ 0.59$ 1.37$ 1.19
Diluted (in dollars per share)$ 0.92$ 0.59$ 1.37$ 1.19
Weighted average number of common shares outstanding:    
Basic shares (in shares)217,830223,675221,168223,197
Diluted shares (in shares)217,979224,489221,391223,867
[1]1 Cost of revenues exclude charges for depreciation and amortization expense, which are shown separately above.

TGNA Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 489,373$ 551,681
Accounts receivable, net of allowances of $4,249 and $3,697, respectively593,410658,318
Other receivables10,53413,493
Syndicated programming rights17,32644,064
Prepaid expenses and other current assets33,25736,152
Total current assets1,143,9001,303,708
Property and equipment  
Cost1,076,6341,067,191
Less accumulated depreciation(634,853)(610,138)
Net property and equipment441,781457,053
Intangible and other assets  
Goodwill2,981,5872,981,587
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $263,484 and $348,087, respectively2,355,5612,381,606
Right-of-use assets for operating leases73,60578,448
Investments and other assets118,839126,494
Total intangible and other assets5,529,5925,568,135
Total assets7,115,2737,328,896
Current liabilities  
Accounts payable78,78876,212
Accrued liabilities  
Compensation38,59850,339
Interest44,62545,480
Contracts payable for programming rights99,593117,743
Other67,72478,265
Income taxes payable3,41622,985
Total current liabilities332,744391,024
Noncurrent liabilities  
Deferred income tax liability574,975556,131
Long-term debt3,071,0263,069,316
Pension liabilities73,38073,684
Operating lease liabilities74,23179,503
Other noncurrent liabilities66,65370,098
Total noncurrent liabilities3,860,2653,848,732
Total liabilities4,193,0094,239,756
Commitments and contingent liabilities (see Note 9)
Redeemable noncontrolling interest (see Note 1)18,10617,418
Shareholders’ equity  
Common stock of $1 par value per share, 800,000,000 shares authorized, 324,418,632 shares issued324,419324,419
Additional paid-in capital27,94127,941
Retained earnings7,989,3127,898,055
Accumulated other comprehensive loss(123,467)(125,533)
Less treasury stock at cost, 122,978,320 shares and 100,970,426 shares, respectively(5,314,047)(5,053,160)
Total equity2,904,1583,071,722
Total liabilities, redeemable noncontrolling interest and equity$ 7,115,273$ 7,328,896
David T. Lougee
6200
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 news content to consumers across various platforms, including online, mobile, and social platforms; owns and operates multicast networks under the names True Crime Network, Quest, and Twist that offer on-demand episodes of shows; and operates VAULT Studios, which provides true crime and investigative content in the form of podcasts and original television programs. The company also provides solutions for advertisers through TEGNA Marketing Solutions (TMS). TMS delivers results for advertisers across television and digital platforms, as well as over-the-top (OTT) platforms, including Premion OTT advertising network. As of February 28, 2022, it operated 64 television stations in 51 markets. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia.