TGNA official logo TGNA
TGNA 1-star rating from Upturn Advisory
Tegna Inc (TGNA) company logo

Tegna Inc (TGNA)

Tegna Inc (TGNA) 1-star rating from Upturn Advisory
$19.4
Last Close (24-hour delay)
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PASS
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

12/03/2025: TGNA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

Number of Analysts

2 star rating from financial analysts

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $21.67

1 Year Target Price $21.67

Analysts Price Target For last 52 week
$21.67 Target price
52w Low $14.78
Current$19.4
52w High $21.22

Analysis of Past Performance

Type Stock
Historic Profit -32.29%
Avg. Invested days 33
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.12B USD
Price to earnings Ratio 9.26
1Y Target Price 21.67
Price to earnings Ratio 9.26
1Y Target Price 21.67
Volume (30-day avg) 6
Beta 0.12
52 Weeks Range 14.78 - 21.22
Updated Date 12/3/2025
52 Weeks Range 14.78 - 21.22
Updated Date 12/3/2025
Dividends yield (FY) 2.58%
Basic EPS (TTM) 2.09

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 2025-11-05
When -
Estimate 0.3183
Actual 0.33

Profitability

Profit Margin 11.97%
Operating Margin (TTM) 15.89%

Management Effectiveness

Return on Assets (TTM) 5.33%
Return on Equity (TTM) 11.45%

Valuation

Trailing PE 9.26
Forward PE 6.57
Enterprise Value 5480244138
Price to Sales(TTM) 1.08
Enterprise Value 5480244138
Price to Sales(TTM) 1.08
Enterprise Value to Revenue 1.91
Enterprise Value to EBITDA 7.73
Shares Outstanding 161056789
Shares Floating 160153260
Shares Outstanding 161056789
Shares Floating 160153260
Percent Insiders 1.06
Percent Institutions 96.37

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Tegna Inc

Tegna Inc(TGNA) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Tegna Inc. was formed in 2015 as a spin-off from Gannett Co., Inc., separating the broadcasting and digital businesses from the publishing business. It operates as a media company with a focus on television broadcasting and digital media.

Company business area logo Core Business Areas

  • Broadcasting: Owns and operates television stations affiliated with major networks such as NBC, CBS, ABC, and FOX. Generates revenue through advertising sales, retransmission fees from cable and satellite providers, and digital advertising.
  • Digital: Operates websites and digital platforms associated with its television stations, offering news, information, and entertainment content. Generates revenue through digital advertising.

leadership logo Leadership and Structure

The leadership team includes the CEO and other key executives. The organizational structure is divided by functional areas such as broadcasting, digital, sales, and technology.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Local News Programming: Local news programs produced by Tegna's stations are a key product, providing news and information to their respective communities. Market share varies by DMA (Designated Market Area), but Tegna stations often hold leading positions in their markets. Competitors include other local TV stations owned by large broadcasting groups (e.g., Nexstar, Sinclair) and digital news outlets.
  • Digital Advertising Solutions: Tegna offers digital advertising solutions to businesses, leveraging its online platforms and audience reach. Market share in digital advertising is fragmented, with competition from major players like Google, Facebook, and other local media companies. Revenue from digital advertising is a significant portion of overall revenue.

Market Dynamics

industry overview logo Industry Overview

The broadcasting industry is evolving with the rise of digital media and streaming services. Traditional television viewership is declining, but local news remains a valuable source of information. Retransmission fees are a crucial revenue stream, but subject to negotiation with cable and satellite providers.

Positioning

Tegna is positioned as a leading provider of local news and information, with a strong focus on digital growth. Its competitive advantages include its large station portfolio, local market presence, and investments in digital platforms.

Total Addressable Market (TAM)

The TAM for local advertising (broadcast and digital) in the U.S. is estimated to be in the tens of billions of dollars annually. Tegna is well-positioned to capture a significant share of this TAM due to its local presence and digital capabilities.

Upturn SWOT Analysis

Strengths

  • Large portfolio of television stations
  • Strong local market presence
  • Established relationships with major networks
  • Growing digital revenue
  • Significant retransmission revenue

Weaknesses

  • Dependence on traditional advertising revenue
  • Vulnerability to economic cycles
  • Exposure to retransmission consent negotiations
  • Competition from digital media
  • High debt load following acquisition attempts

Opportunities

  • Expansion of digital advertising offerings
  • Growth in streaming and over-the-top (OTT) platforms
  • Strategic acquisitions of smaller media companies
  • Development of new content formats
  • Increase of advertising in the streaming space

Threats

  • Decline in traditional television viewership
  • Increased competition from digital media
  • Economic downturn impacting advertising spending
  • Regulatory changes affecting broadcasting
  • Disruptions in retransmission negotiations

Competitors and Market Share

Key competitor logo Key Competitors

  • NXST
  • SBGI
  • GRAY
  • EVC

Competitive Landscape

Tegna faces competition from other large broadcasting groups, as well as digital media companies. Its advantages include its local market presence and growing digital revenue. However, it faces challenges related to declining television viewership and competition for advertising dollars.

Major Acquisitions

Gannett

  • Year: 2019
  • Acquisition Price (USD millions): 176
  • Strategic Rationale: Adding more stations in key markets.

Growth Trajectory and Initiatives

Historical Growth: Tegna's historical growth has been driven by acquisitions, retransmission revenue, and digital advertising. However, growth has slowed in recent years due to industry headwinds.

Future Projections: Future growth is projected to be driven by digital advertising and strategic initiatives. Analyst estimates vary based on market conditions and company performance.

Recent Initiatives: Recent initiatives include investments in digital platforms, the launch of new streaming services, and efforts to diversify revenue streams.

Summary

Tegna Inc. is a prominent broadcasting company with a growing digital presence. While it benefits from its large station portfolio and retransmission revenues, it faces challenges due to declining TV viewership and digital competition. Strategic investments in digital initiatives and successful negotiations are crucial for maintaining a strong market position. The company should carefully manage its debt and adapt to the evolving media landscape.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly. Conduct thorough due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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
President, CEO & Executive 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.