Market Cap
US$4.3b
Last Updated
2021/05/17 00:51 UTC
Data Sources
Company Financials +
Executive Summary
TEGNA Inc. operates as a media company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record.
Similar Companies
Share Price & News
How has TEGNA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGNA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TGNA's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.1%
TGNA
0.1%
US Media
-1.7%
US Market
1 Year Return
92.9%
TGNA
59.5%
US Media
50.8%
US Market
Return vs Industry: TGNA exceeded the US Media industry which returned 59.5% over the past year.
Return vs Market: TGNA exceeded the US Market which returned 50.8% over the past year.
Shareholder returns
| TGNA | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | 0.1% | -1.7% |
| 30 Day | -8.7% | 6.0% | -1.2% |
| 90 Day | 10.5% | 6.2% | 0.4% |
| 1 Year | 96.8%92.9% | 61.4%59.5% | 53.3%50.8% |
| 3 Year | 88.2%77.0% | 76.3%68.7% | 61.5%51.4% |
| 5 Year | 50.4%-13.4% | 89.1%75.8% | 125.9%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is TEGNA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Don't Sell TEGNA Inc. (NYSE:TGNA) Before You Read This1 year ago | Simply Wall St
Interested In TEGNA Inc. (NYSE:TGNA)’s Upcoming 0.5% Dividend? You Have 4 Days Left1 year ago | Simply Wall St
Are TEGNA Inc.’s (NYSE:TGNA) Returns On Investment Worth Your While?Valuation
Is TEGNA undervalued compared to its fair value and its price relative to the market?
46.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGNA ($19.54) is trading below our estimate of fair value ($36.76)
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 PE Ratio (8.5x) compared to the US Media industry average (21x).
PE vs Market: TGNA is good value based on its PE Ratio (8.5x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: TGNA is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: TGNA's PB Ratio (2x) is in line with the US Media industry average.
Future Growth
How is TEGNA forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
9.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGNA's forecast earnings growth (9.1% per year) is above the savings rate (2%).
Earnings vs Market: TGNA's earnings (9.1% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: TGNA's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGNA's revenue (6.3% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: TGNA's revenue (6.3% 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?
2.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGNA has high quality earnings.
Growing Profit Margin: TGNA's current net profit margins (17%) are higher than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: TGNA's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: TGNA's earnings growth over the past year (70.2%) exceeds its 5-year average (2.6% per year).
Earnings vs Industry: TGNA earnings growth over the past year (70.2%) exceeded the Media industry 39.4%.
Return on Equity
High ROE: Whilst TGNA's Return on Equity (23.64%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is TEGNA's financial position?
Financial Position Analysis
Short Term Liabilities: TGNA's short term assets ($693.0M) exceed its short term liabilities ($389.2M).
Long Term Liabilities: TGNA's short term assets ($693.0M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: TGNA's debt to equity ratio (162.7%) is considered high.
Reducing Debt: TGNA's debt to equity ratio has reduced from 170.8% to 162.7% over the past 5 years.
Debt Coverage: TGNA's debt is not well covered by operating cash flow (19.6%).
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?
1.94%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TGNA's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: TGNA's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (3.42%).
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.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.1%), TGNA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Dave Lougee (61 yo)
3.92yrs
Tenure
US$6,713,386
Compensation
Mr. David T. Lougee, also known as Dave, has been the Chief Executive Officer, Director and President of TEGNA Inc. since June 1, 2017. Mr. Lougee has been the President of Gannett Broadcasting, Inc. (Broa...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD6.71M) is about average for companies of similar size in the US market ($USD5.32M).
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 considered experienced (4.1 years average tenure).
Board Members
Experienced Board: TGNA's board of directors are considered experienced (4.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TEGNA Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: TEGNA Inc.
- Ticker: TGNA
- Exchange: NYSE
- Founded: 1906
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$4.314b
- Shares outstanding: 220.77m
- Website: https://www.tegna.com
Number of Employees
Location
- TEGNA Inc.
- 8350 Broad Street
- Suite 2000
- Tysons
- Virginia
- 22102
- United States
Listings
Biography
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 content and information to consumers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/17 00:51 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.