After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Comscore and TEGNA Sign Multi-Year Agreement for Local Linear and Cross-Platform Audience Measurement.
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
TEGNA Inc is listed on the NYSE in the Communication Services sector while operating in the Broadcasting industry. The current market capitalization of TEGNA Inc is $2.47B. A total of 2.8 million shares were traded on the day, compared to an average of 2.22M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TGNA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 2 SELLs from insiders. Insiders purchased 98,771 shares during that period but sold 36,591.
In the most recent transaction, Lougee David T sold 150,000 shares of TGNA for 15.21 per share on Feb 05. After the transaction, the President and CEO now owns 636,262 company shares. In a previous transaction on Nov 30, Lougee David T sold 100,000 shares at 15.38 per share. TGNA shares that President and CEO owns now total 786,262.
Among the insiders who sold shares, Trelstad Lynn B. disposed of 30,000 shares on Aug 30 at a per-share price of $16.57. This resulted in the EVP and COO, Media Operations holding 181,881 shares of TGNA after the transaction. In another insider transaction, Trelstad Lynn B. sold 6,591 shares at $16.65 per share on Aug 30. Company shares held by the EVP and COO, Media Operations now total 22,043.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. TEGNA Inc pays an annual dividend of $0.42, resulting in a dividend yield of 2.98%, and it has a price to earnings (P/E) ratio of 6.19. TGNA’s most recent ex-dividend date was 3/7/2024 when it declared a $0.1140 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 1/2/2024 with an ex-dividend date of 12/7/2023. The TGNA stock dividend was $0.1140 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, TGNA has a high of $17.37 and a low of $13.40.
As of this writing, TGNA has an earnings estimate of $0.5 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.73 per share and a lower estimate of $0.37.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. 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 $15.03, while its Total Shareholder’s Equity was $2.54B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.
