17-May-2024
Tegna Insider Trades Send A Signal
Benzinga (Thu, 16-May 11:04 AM ET)
Business Wire (Tue, 14-May 9:15 AM ET)
TEGNA Names David Loving President and General Manager at KHOU and KTBU in Houston
Business Wire (Thu, 9-May 3:30 PM ET)
TEGNA Inc. Reports First Quarter 2024 Results and Provides Second Quarter Guidance
Business Wire (Wed, 8-May 8:00 AM ET)
Business Wire (Wed, 8-May 7:00 AM ET)
TEGNA Names Greg Retsinas President and General Manager at KGW in Portland
Business Wire (Tue, 7-May 4:00 PM ET)
PRNewswire (Thu, 25-Apr 9:15 AM ET)
Business Wire (Wed, 24-Apr 10:00 AM ET)
Indiana Fever and TEGNA Announce Partnership to Broadcast Games Locally on WTHR and WALV
Business Wire (Mon, 22-Apr 10:08 AM ET)
Gabelli Funds to Host 16th Annual Media & Entertainment Symposium Thursday, June 6, 2024
Globe Newswire (Mon, 22-Apr 8:00 AM ET)
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services.
Tegna trades on the NYSE stock market under the symbol TGNA.
As of May 17, 2024, TGNA stock price climbed to $15.06 with 841,916 million shares trading.
TGNA has a beta of 0.58, meaning it tends to be less sensitive to market movements. TGNA has a correlation of 0.07 to the broad based SPY ETF.
TGNA has a market cap of $2.55 billion. This is considered a Mid Cap stock.
Last quarter Tegna reported $714 million in Revenue and $.45 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.02.
In the last 3 years, TGNA stock traded as high as $23.04 and as low as $13.18.
The top ETF exchange traded funds that TGNA belongs to (by Net Assets): IJH, VTI, IWM, VB, VBR.
TGNA has underperformed the market in the last year with a return of -4.8%, while the SPY ETF gained +29.1%. In the last 3 month period, TGNA fell short of the market, returning +3.6%, while SPY returned +6.3%. However, in the most recent 2 weeks TGNA has outperformed the stock market by returning +6.3%, while SPY returned +3.6%.
TGNA support price is $14.78 and resistance is $15.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TGNA stock will trade within this expected range on the day.