TGNA - TEGNA Inc.
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Short-term KST
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 16.32 |
| Open | 16.39 |
| Bid | 16.21 x 1800 |
| Ask | 16.78 x 1100 |
| Day's Range | 16.33 - 16.65 |
| 52 Week Range | 15.09 - 22.29 |
| Volume | |
| Avg. Volume | 1,692,166 |
| Market Cap | 3.708B |
| Beta (5Y Monthly) | 0.61 |
| PE Ratio (TTM) | 6.17 |
| EPS (TTM) | 2.67 |
| Earnings Date | Aug 07, 2023 - Aug 11, 2023 |
| Forward Dividend & Yield | 0.46 (2.79%) |
| Ex-Dividend Date | Jun 08, 2023 |
| 1y Target Est | 20.75 |
Fair Value
Related Research
GlobeNewswireGabelli Funds to Host 15th Annual Media & Entertainment Symposium Thursday, June 8, 2023
RYE, N. Y., June 07, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 15th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 8, 2023. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as a Sports Investing Panel. Attendees will also have the opportunity to meet with management in a one-on-one setting. F
ZacksAre Options Traders Betting on a Big Move in TEGNA (TGNA) Stock?
Investors need to pay close attention to TEGNA (TGNA) stock based on the movements in the options market lately.
Business WireTEGNA Inc. Enters Into $300 Million Accelerated Share Repurchase Agreement
TYSONS, Va., June 02, 2023--TEGNA has entered into an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association.
Business WireTEGNA Stations Honored with 84 Regional Edward R. Murrow Awards
TYSONS, Va., May 25, 2023--TEGNA stations received 84 Regional Edward R. Murrow Awards. KARE in Minneapolis received 12 individual awards, the most in the station's history.
Business WireTEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fourth Consecutive Year
TYSONS, Va., May 24, 2023--TEGNA has been named a 2023 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader.
BloombergByron Allen Says He’s Interested in Tegna, Sees No Financing Issues
(Bloomberg) -- Byron Allen, TV producer and media mogul, signaled he’s interested in potentially acquiring Tegna Inc. after the company’s proposed buyout by hedge fund Standard General LP fell apart.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutXi Upends the Secretive World of $10,000-an-Hour China ExpertsLuxury Stocks Lose $30 Billion in One Day on Demand FearsWorld’s Biggest Nuclear Plant May Stay Clo
BloombergEnd of Tegna Buyout Clears Path for Banks to Fund More LBOs
(Bloomberg) -- Wall Street banks looking to finance lucrative buyouts as dealmaking shows signs of recovery have one less obstacle: they’re off the hook from selling a large slug of worrisome debt. Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeChina’s New Covid Wave Set to See 65 Million Cases a WeekLuxury Stocks Lose $30 Billion in One Day on Demand FearsRussia Pushes India for Help to Avert Global
American City Business JournalsTegna's sale agreement with Standard General terminated. The Tysons company says it's due $136M.
The two sides had previously extended the termination date once and set a second termination date of May 22.
BloombergStandard General’s Tegna Takeover Dies After Money Goes
(Bloomberg) -- Tegna Inc. on Monday terminated its proposed acquisition by hedge fund Standard General LP, delivering the final blow after a prolonged regulatory review that serves as a possible deterrent to other broadcast deals.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden-McCarthy Debt Talk Ends With Optimism, But Without a DealParents Sue Elite Schools for ‘Indoctrinating’ Their Kids With Anti-Racist PoliciesChina’s New Covid Wave Set to See 65 Milli
- Reuters
Tegna scraps $8.6 billion Standard General deal after regulatory pushback
Tegna last year agreed to be taken private by Standard General in a deal valued at $8.6 billion, including debt. However, the deal attracted criticism from some members of Congress, including then-House Speaker Nancy Pelosi, on concerns of potentially higher TV prices for consumers and job losses. The Federal Communications Commission (FCC), which regulates the U.S. telecoms industry, in February decided to hold a hearing on the hedge fund's bid in a step that has historically led deals to collapse.
- Reuters
UPDATE 2-Tegna scraps $8.6 bln Standard General deal after regulatory pushback
Television station operator Tegna Inc said on Monday it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles. Tegna last year agreed to be taken private by Standard General in a deal valued at $8.6 billion, including debt. However, the deal attracted criticism from some members of Congress, including then-House Speaker Nancy Pelosi, on concerns of potentially higher TV prices for consumers and job losses.
Business WireTEGNA Inc. Announces $300 Million Accelerated Share Repurchase Agreement and Increases Regular Quarterly Dividend by 20% Following Termination of Merger Agreement with Standard General
TYSONS, Va., May 22, 2023--TEGNA announced a $300 million accelerated share repurchase program following termination of merger agreement with Standard General.
Simply Wall St.TEGNA (NYSE:TGNA) Has Announced A Dividend Of $0.095
The board of TEGNA Inc. ( NYSE:TGNA ) has announced that it will pay a dividend on the 3rd of July, with investors...
ZacksTEGNA (TGNA) Q1 Earnings Beat Estimates, Revenues Fall Y/Y
TEGNA's (TGNA) first-quarter 2023 results reflect a year-over-year decline in both earnings and revenues.
ZacksTEGNA Inc. (TGNA) Q1 Earnings Top Estimates
TEGNA Inc. (TGNA) delivered earnings and revenue surprises of 2.17% and 0.76%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireTEGNA Inc. Reports First Quarter 2023 Results
TYSONS, Va., May 10, 2023--TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2023.
Business WireTEGNA Station KARE Honored with Peabody Award
TYSONS, Va., May 09, 2023--TEGNA's KARE-TV received a Peabody Award in the News category for KARE 11 Investigates – The Gap: Failure to Treat, Failure to Protect.
ZacksAMC Networks (AMCX) Q1 Earnings and Revenues Top Estimates
AMC Networks (AMCX) delivered earnings and revenue surprises of 44.75% and 5.90%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- Simply Wall St.
Should You Be Adding TEGNA (NYSE:TGNA) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
ZacksIHeartMedia (IHRT) Reports Q1 Loss, Tops Revenue Estimates
iHeartMedia (IHRT) delivered earnings and revenue surprises of -111.27% and 2%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ZacksCumulus Media (CMLS) Reports Q1 Loss, Tops Revenue Estimates
Cumulus (CMLS) delivered earnings and revenue surprises of 0.85% and 2.08%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireTEGNA Station KING Wins Brooks Jackson Prize for Fact-Checking
TYSONS, Va., April 24, 2023--TEGNA's KING-TV and journalist Chris Ingalls received The Brooks Jackson Prize for Fact-Checking for the investigative series The Fraud Crusade.
GuruFocus.comRoyce Investment Partners: Royce Small-Cap Special Equity Fund--1Q23 Update and Outlook
By Charlie Dreifus, CFA
ZacksAre Investors Undervaluing TEGNA (TGNA) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Business WireTEGNA Stations KARE and KXTV Nominated for Peabody Awards
TYSONS, Va., April 11, 2023--TEGNA stations KARE-TV in Minneapolis and KXTV-TV in Sacramento have been nominated for Peabody Awards.
