TEGNA Inc (NYSE: TGNA) May Be Attracting Institutional Investments

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.

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

Stocks Info

TEGNA Inc is listed on the NYSE as a member of the Communication Services sector and is a part of the Broadcasting industry. The current market capitalization of TEGNA Inc is $2.35B. A total of 1.21 million shares were traded on the day, compared to an average of 2.09M shares.

In the most recent transaction, Lougee David T sold 98,437 shares of TGNA for 13.98 per share on Jul 01 ’24. After the transaction, the President and CEO now owns 594,401 company shares. In a previous transaction on Jun 07 ’24, Trelstad Lynn B. sold 25,000 shares at 13.99 per share. TGNA shares that EVP and COO, Media Operations owns now total 190,474.

Among the insiders who sold shares, Lougee David T disposed of 32,813 shares on May 16 ’24 at a per-share price of $15.04. This resulted in the President and CEO holding 692,838 shares of TGNA after the transaction. In another insider transaction, McClelland Clifton A. III sold 54,093 shares at $15.78 per share on May 14 ’24. Company shares held by the SVP, Cntlr and Prin. Acc. Off. now total 42,602.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. TEGNA Inc pays an annual dividend of $0.47, resulting in a dividend yield of 3.36%, and it has a price to earnings (P/E) ratio of 4.85. TGNA’s most recent ex-dividend date was 6/7/2024 when it declared a $0.1250 quarterly dividend that was paid in cash on 7/1/2024. Previously, the company paid the dividend on 4/1/2024 with an ex-dividend date of 3/7/2024. The TGNA stock dividend was $0.1140 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, TGNA has a high of $17.37 and a low of $12.35.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $16.33, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

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. 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.

Most Popular

Related Posts