Taking On Challenges And Growing? – TEGNA Inc (TGNA)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Broadcasting industry segment, falling under the Communication Services sector. The current market capitalization of TEGNA Inc is $2.68B. A total of 1.89 million shares were traded on the day, compared to an average of 2.16M shares.

In the most recent transaction, Lougee David T sold 98,437 shares of TGNA for 13.98 per share on Jul 01 ’24. After the transaction, the President and CEO now owns 594,401 company shares. In a previous transaction on Jun 07 ’24, Trelstad Lynn B. sold 25,000 shares at 13.99 per share. TGNA shares that EVP and COO, Media Operations owns now total 190,474.

Among the insiders who sold shares, Lougee David T disposed of 32,813 shares on May 16 ’24 at a per-share price of $15.04. This resulted in the President and CEO holding 692,838 shares of TGNA after the transaction. In another insider transaction, McClelland Clifton A. III sold 54,093 shares at $15.78 per share on May 14 ’24. Company shares held by the SVP, Cntlr and Prin. Acc. Off. now total 42,602.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. TEGNA Inc pays an annual dividend of $0.47, resulting in a dividend yield of 2.95%, and it has a price to earnings (P/E) ratio of 5.51. TGNA’s most recent ex-dividend date was 6/7/2024 when it declared a $0.1250 quarterly dividend that was paid in cash on 7/1/2024. Previously, the company paid the dividend on 4/1/2024 with an ex-dividend date of 3/7/2024. The TGNA stock dividend was $0.1140 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, TGNA has a high of $17.37 and a low of $12.35.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TGNA’s latest balance sheet shows that the firm has $56.99M in Cash & Short Term Investments as of fiscal 2021. There were $3.32B in debt and $375.13M in liabilities at the time. Its Book Value Per Share was $16.33, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TGNA is Buy with a score of 3.80.

Most Popular

Related Posts