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The price of TEGNA Inc (NYSE: TGNA) closed at $16.89 in the last session, up 6.29% from day before closing price of $15.89. In other words, the price has increased by $6.29 from its previous closing price. On the day, 3.27 million shares were traded. TGNA stock price reached its highest trading level at $17.23 during the session, while it also had its lowest trading level at $15.52.
Ratios:
We take a closer look at TGNA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.31. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 10 ’25 when Trelstad Lynn B. sold 40,000 shares for $17.74 per share. The transaction valued at 709,600 led to the insider holds 149,433 shares of the business.
Trelstad Lynn B. bought 40,000 shares of TGNA for $707,600 on Mar 10 ’25. On Dec 06 ’24, another insider, Cox Thomas R., who serves as the insider of the company, sold 77,873 shares for $18.73 each. As a result, the insider received 1,458,172 and left with 41,904 shares of the company.
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 2714476288 and an Enterprise Value of 5039024640. As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.76, and their Forward P/E ratio for the next fiscal year is 4.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.624 whereas that against EBITDA is 5.643.
Stock Price History:
The Beta on a monthly basis for TGNA is 0.39, which has changed by 0.22037578 over the last 52 weeks, in comparison to a change of 0.049593568 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 -5.59%, while the 200-Day Moving Average is calculated to be 1.54%.
Shares Statistics:
According to the various share statistics, TGNA traded on average about 1.70M shares per day over the past 3-months and 2431830 shares per day over the past 10 days. A total of 159.90M shares are outstanding, with a floating share count of 157.94M. Insiders hold about 1.22% of the company’s shares, while institutions hold 98.73% stake in the company. Shares short for TGNA as of 1741910400 were 6580194 with a Short Ratio of 3.88, compared to 1739491200 on 5541224. Therefore, it implies a Short% of Shares Outstanding of 6580194 and a Short% of Float of 6.15.
Dividends & Splits
The forward annual dividend rate for TGNA is 0.50, which was 0.489 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03077407The 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.
