TEGNA Inc. (TGNA)

Last Closing Price: 13.65 (2024-04-25)

Company Description

TEGNA is a media company which consists of 47 television stations operating in 39 markets offering high-quality television programming and digital content. The primary sources of their revenues are: 1) advertising & marketing services revenues, which include local and national non-political advertising, digital marketing services (including Premion), and advertising on the stations? websites and tablet and mobile products; 2) political advertising revenues, which are driven by even year election cycles at the local and national level and particularly in the second half of those years; 3) subscription revenues, reflecting fees paid by satellite, cable, OTT (companies that deliver video content to consumers over the Internet) and telecommunications providers to carry their television signals on their systems; and 4) other services, such as production of programming from third parties and production of advertising material.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.91B
Net Income (Most Recent Fiscal Year) $476.72M
PE Ratio (Current Year Earnings Estimate) 4.60
PE Ratio (Trailing 12 Months) 7.98
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.84
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.01
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 5.62
Pre-Tax Margin (Trailing 12 Months) 20.84%
Net Margin (Trailing 12 Months) 16.38%
Return on Equity (Trailing 12 Months) 12.41%
Return on Assets (Trailing 12 Months) 5.07%
Current Ratio (Most Recent Fiscal Quarter) 2.48
Quick Ratio (Most Recent Fiscal Quarter) 2.48
Debt to Common Equity (Most Recent Fiscal Quarter) 1.14
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $13.73
Earnings per Share (Most Recent Fiscal Quarter) $0.43
Earnings per Share (Most Recent Fiscal Year) $1.74
Diluted Earnings per Share (Trailing 12 Months) $2.26
Stock
Exchange NYSE
Sector Communication Services
Industry Broadcasting
Common Shares Outstanding 176.11M
Free Float 174.56M
Market Capitalization $2.43B
Average Volume (Last 20 Days) 1.49M
Beta (Past 60 Months) 0.50
Percentage Held By Insiders (Latest Annual Proxy Report) 0.88%
Percentage Held By Institutions (Latest 13F Reports) 92.19%
Annual Dividend (Based on Last Quarter) $0.46
Dividend Yield (Based on Last Quarter) 3.29%