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TGNA logo TGNA
Upturn stock ratingUpturn stock rating
TGNA logo

Tegna Inc (TGNA)

Upturn stock ratingUpturn stock rating
$18.53
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: TGNA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -34.09%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.91B USD
Price to earnings Ratio 5.16
1Y Target Price 21.2
Price to earnings Ratio 5.16
1Y Target Price 21.2
Volume (30-day avg) 2089886
Beta 0.46
52 Weeks Range 12.07 - 19.35
Updated Date 04/1/2025
52 Weeks Range 12.07 - 19.35
Updated Date 04/1/2025
Dividends yield (FY) 2.76%
Basic EPS (TTM) 3.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.34%
Operating Margin (TTM) 30.41%

Management Effectiveness

Return on Assets (TTM) 6.8%
Return on Equity (TTM) 20.84%

Valuation

Trailing PE 5.16
Forward PE 9.49
Enterprise Value 5360000580
Price to Sales(TTM) 0.94
Enterprise Value 5360000580
Price to Sales(TTM) 0.94
Enterprise Value to Revenue 1.73
Enterprise Value to EBITDA 5.08
Shares Outstanding 159898000
Shares Floating 157868950
Shares Outstanding 159898000
Shares Floating 157868950
Percent Insiders 1.44
Percent Institutions 101.11

Analyst Ratings

Rating 4.33
Target Price 21.5
Buy -
Strong Buy 4
Buy -
Strong Buy 4
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Tegna Inc

stock logo

Company Overview

overview logo History and Background

Tegna Inc. was formed in June 2015 as a spin-off from Gannett Co., Inc., separating its broadcasting and digital businesses from its publishing operations. It has grown through acquisitions, focusing on local television stations and digital marketing services.

business area logo Core Business Areas

  • Broadcasting: Owns and operates television stations affiliated with major networks, providing local news, programming, and advertising.
  • Premion: An OTT advertising platform that connects advertisers with premium video content.
  • Investigative Journalism: Produces local and national investigative journalism segments.

leadership logo Leadership and Structure

The leadership team is headed by the CEO. The organizational structure involves various departments overseeing broadcasting operations, digital marketing, finance, and legal aspects.

Top Products and Market Share

overview logo Key Offerings

  • Local News Broadcasting: Provides local news coverage through its affiliated television stations. Competitors include Nexstar Media Group (NXST) and Sinclair Broadcast Group (SBGI). Precise market share data is difficult to ascertain, but estimates suggest TEGNA controls single-digit percentage points of local broadcast revenue in the U.S.
  • Premion OTT Advertising Platform: A connected TV advertising platform for advertisers to connect with premium video content. Competitors include Roku (ROKU) and The Trade Desk (TTD). Market share information is not publicly available.

Market Dynamics

industry overview logo Industry Overview

The broadcast television industry is experiencing a shift as audiences increasingly consume content online. The shift to digital platforms presents both opportunities and challenges. Local news remains a key driver of viewership and revenue.

Positioning

Tegna Inc. is positioned as a leading local broadcasting company with a growing digital presence. It leverages its local stations to provide news and advertising services. Its competitive advantage includes strong local brands and a growing digital marketing platform.

Total Addressable Market (TAM)

The TAM for local broadcast advertising is estimated in the tens of billions of dollars annually. Tegna is positioned to capture a portion of this through its broadcast and digital platforms.

Upturn SWOT Analysis

Strengths

  • Strong local brands and market presence
  • Diversified revenue streams (broadcasting and digital)
  • Significant investments in digital platforms (Premion)
  • Experienced management team

Weaknesses

  • Dependence on advertising revenue
  • Competition from digital platforms
  • Susceptibility to economic downturns
  • Regulatory challenges

Opportunities

  • Growth in digital advertising market
  • Expansion of Premion platform
  • Acquisition of additional broadcast stations
  • Partnerships with digital content providers

Threats

  • Cord-cutting and declining TV viewership
  • Increased competition from streaming services
  • Economic recession
  • Changes in advertising spending

Competitors and Market Share

competitor logo Key Competitors

  • NXST
  • SBGI
  • GRAY

Competitive Landscape

Tegna Inc. competes with other broadcasting companies and digital media platforms. Its advantages include strong local brands and a growing digital presence. Its disadvantages include dependence on advertising revenue and competition from digital giants.

Major Acquisitions

Sander Media

  • Year: 2019
  • Acquisition Price (USD millions): 308
  • Strategic Rationale: Expanded broadcast coverage in key markets.

Growth Trajectory and Initiatives

Historical Growth: Tegna Inc.'s growth has been driven by acquisitions and organic growth in its broadcasting and digital businesses.

Future Projections: Future growth projections depend on various factors including economic conditions, advertising market trends, and the success of its digital initiatives. Analyst estimates available on financial websites.

Recent Initiatives: Recent initiatives include investments in Premion, expansion of local news coverage, and strategic acquisitions.

Summary

Tegna Inc. is a strong local broadcasting company with growing digital operations that generate increasing revenue. The company faces challenges from cord-cutting and competition, it tries to maintain its position through the expansion of its digital advertisement, Premion. Tegna needs to watch out for industry threats of the changing economy and the continued reduction of viewership. Tegna will continue to grow but must adapt to the current media landscape.

Similar Companies

  • NXST
  • SBGI
  • GRAY
  • CMCSA
  • FOXA

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Financial News Outlets
  • Analyst Reports

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market share data is based on estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tegna Inc

Exchange NYSE
Headquaters Tysons, VA, United States
IPO Launch date 1985-07-01
CEO, CFO & Director Mr. Michael F. Steib
Sector Communication Services
Industry Broadcasting
Full time employees 5900
Full time employees 5900

TEGNA Inc. operates as a journalism company in the United States. The company engages in content and tools to help people navigate their daily lives. It also offers marketing solution. In addition, the company provides news content to consumers across various platforms, including online, mobile, connected television, and social platforms; owns and operates multicast networks under the names True Crime Network and Quest. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia.

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