TGNA stock icon

TEGNA Inc
TGNA

$13.41
1.21%
 

About: 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.

Employees: 6,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

11% more call options, than puts

Call options by funds: $9.58M | Put options by funds: $8.61M

3.15% more ownership

Funds ownership: 82.41% [Q4 2023] → 85.56% (+3.15%) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 49

1% less funds holding

Funds holding: 338 [Q4 2023] → 334 (-4) [Q1 2024]

9% less capital invested

Capital invested by funds: $2.48B [Q4 2023] → $2.25B (-$233M) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 126

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$15
12%
upside
Avg. target
$17
27%
upside
High target
$21
57%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Benchmark
Daniel Kurnos
57%upside
$21
Buy
Maintained
1 Mar 2024
JP Morgan
David Karnovsky
12%upside
$15
Neutral
Maintained
1 Mar 2024
Wells Fargo
Steven Cahall
12%upside
$15
Equal-Weight
Maintained
9 Feb 2024

Financial journalist opinion

Based on 10 articles about TGNA published over the past 30 days