After Hours
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. Recently, Yahoo Finance discussed the stock, revealing that Comscore and TEGNA Sign Multi-Year Agreement for Local Linear and Cross-Platform Audience Measurement.
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Stocks Info
The company is listed on the NYSE and operates within the Broadcasting industry segment. The current market capitalization of TEGNA Inc is $2.67B. A total of 3.36 million shares were traded on the day, compared to an average of 2.26M shares.
In the most recent transaction, Lougee David T sold 150,000 shares of TGNA for 15.21 per share on Feb 05 ’24. After the transaction, the President and CEO now owns 636,262 company shares. In a previous transaction on Nov 30 ’23, 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 ’23 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 ’23. Company shares held by the EVP and COO, Media Operations now total 22,043.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. TEGNA Inc pays an annual dividend of $0.44, resulting in a dividend yield of 2.88%, and it has a price to earnings (P/E) ratio of 6.69. 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.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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 $0.44 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.49 per share and a lower estimate of $0.37.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s 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
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.
