After Hours
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.
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Stocks Info
As a NYSE listed company, TGNA falls under the Communication Services sector while operating within the Broadcasting industry segment. The current market capitalization of TEGNA Inc is $2.43B. A total of 1.75 million shares were traded on the day, compared to an average of 2.28M shares.
In the most recent transaction, Lougee David T sold 43,750 shares of TGNA for 14.70 per share on Apr 01 ’24. After the transaction, the President and CEO now owns 725,651 company shares. In a previous transaction on Mar 15 ’24, Fisher Newberg Lauren sold 8,477 shares at 15.00 per share. TGNA shares that SVP and Chief Legal Officer owns now total 1.
Among the insiders who sold shares, Lougee David T disposed of 150,000 shares on Feb 05 ’24 at a per-share price of $15.21. This resulted in the President and CEO holding 636,262 shares of TGNA after the transaction. In another insider transaction, Lougee David T sold 100,000 shares at $15.38 per share on Nov 30 ’23. Company shares held by the President and CEO now total 786,262.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. TEGNA Inc pays an annual dividend of $0.44, resulting in a dividend yield of 3.16%, and it has a price to earnings (P/E) ratio of 6.10. 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.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, TGNA has a high of $17.37 and a low of $13.18.
As of this writing, TGNA has an earnings estimate of $TGN per share for the current quarter. EPS was calculated based on a consensus of Direxion Small Cap Bull 3X Shar estimates, with a high estimate of $Transphorm, Inc. per share and a lower estimate of $TEGNA Inc.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $15.03, 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.
