In the Green: TEGNA Inc (TGNA) Closes at 16.15, Up/Down 1.96 from Previous Day

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In the latest session, TEGNA Inc (NYSE: TGNA) closed at $16.15 up 1.96% from its previous closing price of $15.84. In other words, the price has increased by $1.96 from its previous closing price. On the day, 1.85 million shares were traded. TGNA stock price reached its highest trading level at $16.18 during the session, while it also had its lowest trading level at $15.8.

Ratios:

For a deeper understanding of TEGNA Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.92 and its Current Ratio is at 2.92. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 19, 2024, Upgraded its rating to Overweight and sets its target price to $23 from $21 previously.

Wells Fargo Downgraded its Overweight to Equal Weight on May 05, 2022, while the target price for the stock was maintained at $24.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 10 ’25 when Trelstad Lynn B. bought 40,000 shares for $15.92 per share.

Trelstad Lynn B. sold 40,000 shares of TGNA for $709,600 on Mar 10 ’25. The EVP and COO, Media Operations now owns 149,433 shares after completing the transaction at $17.74 per share. On Mar 10 ’25, another insider, Trelstad Lynn B., who serves as the Officer of the company, bought 40,000 shares for $17.69 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGNA now has a Market Capitalization of 2595547392 and an Enterprise Value of 5059811840. As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.55, and their Forward P/E ratio for the next fiscal year is 4.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.631 whereas that against EBITDA is 5.667.

Stock Price History:

The Beta on a monthly basis for TGNA is 0.35, which has changed by 0.21703088 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, TGNA has reached a high of $19.62, while it has fallen to a 52-week low of $12.35. The 50-Day Moving Average of the stock is -8.75%, while the 200-Day Moving Average is calculated to be -3.16%.

Shares Statistics:

For the past three months, TGNA has traded an average of 1.76M shares per day and 2560160 over the past ten days. A total of 159.90M shares are outstanding, with a floating share count of 158.75M. Insiders hold about 1.22% of the company’s shares, while institutions hold 98.23% stake in the company. Shares short for TGNA as of 1743379200 were 4900958 with a Short Ratio of 2.78, compared to 1740700800 on 6433844. Therefore, it implies a Short% of Shares Outstanding of 4900958 and a Short% of Float of 4.61.

Dividends & Splits

According to the company, the forward annual dividend rate for TGNA is 0.50, from 0.489 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03087121The stock’s 5-year Average Dividend Yield is 2.23. The current Payout Ratio is 13.84% for TGNA, which recently paid a dividend on 2025-03-07 with an ex-dividend date of 1741305600. Stock splits for the company last occurred on 2017-06-01 when the company split stock in a 15625:10000 ratio.

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