|Bid||15.37 x 2200|
|Ask||15.38 x 2200|
|Day's Range||15.29 - 15.48|
|52 Week Range||10.24 - 16.57|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||7.81|
|Earnings Date||Aug 6, 2019|
|Forward Dividend & Yield||0.28 (1.82%)|
|1y Target Est||18.13|
McLean-based Gannett Co. Inc. (NYSE: GCI) is closing in on a cash-and-stock deal to be acquired by GateHouse Media LLC parent company New Media Investment Group Inc. (NYSE: NEWM), according to The Wall Street Journal. The deal would combine Gannett with GateHouse, two of the country’s largest newspaper groups based on circulation. Gannett’s share price, which closed at $7.90 on Thursday, rose 8% in after-hours trading after news of a potential deal surfaced.
Tegna Inc NYSE:TGNAView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for TGNA with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding TGNA are favorable, with net inflows of $7.94 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. TGNA credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of March 31. In this […]
TEGNA Inc. (TGNA) will be honored by the Women’s Forum of New York at its Breakfast of Corporate Champions on November 7, 2019, which recognizes companies for achieving at least 30 percent female board representation. This benchmark biennial event brings together more than 600 thought leaders and change-makers including CEOs, Board Directors and government officials in support of gender parity in the boardroom.
GOLDEN VALLEY, Minn., June 18, 2019 -- Winners of the 2019 National Edward R. Murrow Awards were announced Tuesday including three accolades for KARE 11 reporter Boyd Huppert..
The Radio Television Digital News Association today announced that TEGNA Inc. has won 10 National Edward R. Murrow Awards for excellence in local journalism, the second consecutive year that TEGNA has won 10 awards.
TEGNA Inc. (TGNA) today announced that it has completed its previously announced acquisition of leading 24/7 multicast networks Justice Network and Quest from Cooper Media. TEGNA paid approximately $77 million in cash for the approximately 85 percent of the two networks it did not previously own, valuing Justice and Quest at $91 million. “As consumer television viewing habits shift, TEGNA continues to seek opportunities to take full advantage of emerging trends,” said TEGNA president and CEO Dave Lougee.
TEGNA (TGNA) set to acquire WTHR and WBNS TV stations from the Dispatch Broadcast Group, which will expand its total household reach across the United States.
Moody's Investors Service ("Moody's") today placed TEGNA Inc.'s (TEGNA) Ba2 corporate family rating (CFR), its Ba1-PD probability of default rating (PDR) as well as the Ba2 ratings on the company's senior unsecured notes (including the 2027 unsecured notes issued by Belo Corp.) and senior unsecured bank credit facility under review for downgrade following the company's announcement that it had entered into a definitive agreement with the Dispatch Broadcast Group to acquire two television and two radio stations for total cash consideration of $535 million. The SGL-2 speculative grade rating and Not Prime commercial paper rating remain unchanged.
The Wolfe family is selling off its broadcast properties, including WBNS-TV, for $535 million. Tegna Inc. announced Tuesday morning it has reached an agreement to acquire Indianapolis NBC affiliate WTHR as well as Columbus CBS affiliate WBNS. The deal also includes WBNS Radio, 1460 AM and 97.1 FM.
TEGNA Inc. (TGNA) announced today it has entered into a definitive agreement with the Dispatch Broadcast Group to acquire, for $535 million in cash, leading television stations WTHR, the NBC affiliate and the #1 rated station in Indianapolis, IN, and WBNS, the CBS affiliate and the #1 rated station in Columbus, OH. TEGNA is also acquiring WBNS Radio (1460 AM and 97.1 FM), the leader in sports radio in Central Ohio among adults 25-54. Both television stations are the dominant #1 station in their respective markets.
TEGNA Inc. (TGNA) today announced the launch of two new podcast projects by VAULT Studios, TEGNA’s in-house digital content studio offering high-quality storytelling from the company’s rich archive of investigative reports. VAULT Studios also announced that its team will be appearing at CrimeCon, the world’s largest convention for true crime fans, on June 7-9 in New Orleans.
Nearly 11 Million Television Households Across 11 Markets Covered in New Deal NEW YORK and TYSONS, Va., June 6, 2019 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) and TEGNA Inc. (NYSE: TGNA) today ...
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of TEGNA Inc...
MINNEAPOLIS, May 28, 2019 -- KARE 11 News, the NBC affiliate in Minneapolis-St. Paul, MN announces new KARE 11 5pm show format and welcomes new anchor. Starting in July, KARE.
TEGNA Inc. named Brad Ramsey to the role of senior vice president overseeing KVUE in Austin and KENS in San Antonio, in addition to his keeping his role as president and general manager at WFAA in Dallas.