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TGNA

TEGNA NYSE:TGNA Stock Report

Last Price

US$21.19

Market Cap

US$4.7b

7D

-0.7%

1Y

10.4%

Updated

24 May, 2022

Data

Company Financials +
TGNA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

TGNA Stock Overview

TEGNA Inc. operates as a media company in the United States.

TEGNA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TEGNA
Historical stock prices
Current Share PriceUS$21.19
52 Week HighUS$23.04
52 Week LowUS$16.42
Beta0.90
1 Month Change-5.86%
3 Month Change-4.98%
1 Year Change10.42%
3 Year Change35.66%
5 Year Change-11.34%
Change since IPO-3.13%

Recent News & Updates

Shareholder Returns

TGNAUS MediaUS Market
7D-0.7%-1.5%-4.0%
1Y10.4%-26.1%-13.2%

Return vs Industry: TGNA exceeded the US Media industry which returned -25.7% over the past year.

Return vs Market: TGNA exceeded the US Market which returned -12.3% over the past year.

Price Volatility

Is TGNA's price volatile compared to industry and market?
TGNA volatility
TGNA Average Weekly Movement2.0%
Media Industry Average Movement8.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: TGNA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: TGNA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19066,200Dave Lougeehttps://www.tegna.com

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.

TEGNA Fundamentals Summary

How do TEGNA's earnings and revenue compare to its market cap?
TGNA fundamental statistics
Market CapUS$4.72b
Earnings (TTM)US$498.44m
Revenue (TTM)US$3.04b

9.5x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TGNA income statement (TTM)
RevenueUS$3.04b
Cost of RevenueUS$1.62b
Gross ProfitUS$1.42b
Other ExpensesUS$924.21m
EarningsUS$498.44m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin46.83%
Net Profit Margin16.41%
Debt/Equity Ratio116.4%

How did TGNA perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

17%

Payout Ratio

Does TGNA pay a reliable dividends?

See TGNA dividend history and benchmarks
When do you need to buy TGNA by to receive an upcoming dividend?
TEGNA dividend dates
Ex Dividend DateJun 02 2022
Dividend Pay DateJul 01 2022
Days until Ex dividend7 days
Days until Dividend pay date36 days

Does TGNA pay a reliable dividends?

See TGNA dividend history and benchmarks

Valuation

Is TEGNA undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TGNA ($21.19) is trading below our estimate of fair value ($58.22)

Significantly Below Fair Value: TGNA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TGNA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the US Media industry average (15x).

PE vs Market: TGNA is good value based on its Price-To-Earnings Ratio (9.5x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: TGNA is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: TGNA is overvalued based on its Price-To-Book Ratio (1.8x) compared to the US Media industry average (1.7x).


Future Growth

How is TEGNA forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TGNA's forecast earnings growth (8% per year) is above the savings rate (1.9%).

Earnings vs Market: TGNA's earnings (8% per year) are forecast to grow slower than the US market (12.3% per year).

High Growth Earnings: TGNA's earnings are forecast to grow, but not significantly.

Revenue vs Market: TGNA's revenue (5.6% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: TGNA's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TGNA's Return on Equity is forecast to be high in 3 years time


Past Performance

How has TEGNA performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TGNA has high quality earnings.

Growing Profit Margin: TGNA's current net profit margins (16.4%) are lower than last year (17%).


Past Earnings Growth Analysis

Earnings Trend: TGNA's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: TGNA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TGNA had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Media industry average (22.7%).


Return on Equity

High ROE: TGNA's Return on Equity (19%) is considered low.


Financial Health

How is TEGNA's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TGNA's short term assets ($768.8M) exceed its short term liabilities ($379.8M).

Long Term Liabilities: TGNA's short term assets ($768.8M) do not cover its long term liabilities ($3.8B).


Debt to Equity History and Analysis

Debt Level: TGNA's net debt to equity ratio (114.7%) is considered high.

Reducing Debt: TGNA's debt to equity ratio has reduced from 152% to 116.4% over the past 5 years.

Debt Coverage: TGNA's debt is well covered by operating cash flow (20.9%).

Interest Coverage: TGNA's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

What is TEGNA current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.79%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 25 2022Ex Dividend DateJun 02 2022Dividend Pay DateJul 01 202229 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: TGNA's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: TGNA's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: TGNA's dividend payments have been volatile in the past 10 years.

Growing Dividend: TGNA's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.9%), TGNA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.5%), TGNA's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Dave Lougee (62 yo)

4.92yrs

Tenure

US$6,958,477

Compensation

Mr. David T. Lougee, also known as Dave, has been the Chief Executive Officer, Director and President of TEGNA Inc. since June 1, 2017. Mr. Lougee has been the President of Gannett Broadcasting, Inc. (Broa...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD6.96M) is about average for companies of similar size in the US market ($USD6.83M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TGNA's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: TGNA's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TEGNA Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: TEGNA Inc.
  • Ticker: TGNA
  • Exchange: NYSE
  • Founded: 1906
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: US$4.722b
  • Shares outstanding: 222.85m
  • Website: https://www.tegna.com

Number of Employees


Location

  • TEGNA Inc.
  • 8350 Broad Street
  • Suite 2000
  • Tysons
  • Virginia
  • 22102-5151
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.