TGNA RSI Chart
Last 7 days
6.2%
Last 30 days
5.1%
Last 90 days
4.8%
Trailing 12 Months
-4.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.9B | 0 | 0 | 0 |
2023 | 3.2B | 3.2B | 3.1B | 2.9B |
2022 | 3.0B | 3.1B | 3.1B | 3.3B |
2021 | 3.0B | 3.1B | 3.2B | 3.0B |
2020 | 2.5B | 2.5B | 2.7B | 2.9B |
2019 | 2.2B | 2.2B | 2.2B | 2.3B |
2018 | 1.9B | 2.0B | 2.1B | 2.2B |
2017 | 1.8B | 1.9B | 1.8B | 1.9B |
2016 | 1.9B | 2.0B | 2.1B | 2.2B |
2015 | 3.5B | 2.8B | 2.9B | 1.8B |
2014 | 2.3B | 2.9B | 3.6B | 4.2B |
2013 | 5.4B | 5.4B | 5.3B | 1.6B |
2012 | 5.2B | 5.2B | 5.2B | 5.4B |
2011 | 5.4B | 5.4B | 5.3B | 5.2B |
2010 | 5.4B | 5.4B | 5.4B | 5.4B |
2009 | 6.3B | 6.0B | 5.7B | 5.5B |
2008 | 0 | 7.2B | 6.9B | 6.6B |
2007 | 0 | 0 | 0 | 7.4B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | bianchini gina l | acquired | - | - | 9,398 | - |
May 01, 2024 | grimes karen h. | acquired | - | - | 9,398 | - |
May 01, 2024 | mccune scott k | acquired | - | - | 9,398 | - |
May 01, 2024 | elias howard d | acquired | - | - | 9,398 | - |
May 01, 2024 | witmer melinda | acquired | - | - | 9,399 | - |
May 01, 2024 | epstein stuart j. | acquired | - | - | 9,398 | - |
May 01, 2024 | shapiro neal | acquired | - | - | 9,398 | - |
Apr 01, 2024 | lougee david t | sold | -643,125 | 14.7 | -43,750 | president and ceo |
Apr 01, 2024 | witmer melinda | acquired | - | - | 11,223 | - |
Mar 15, 2024 | fisher newberg lauren | sold | -127,155 | 15.00 | -8,477 | svp and chief legal officer |
Which funds bought or sold TGNA recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | WELLS FARGO & COMPANY/MN | reduced | -4.68 | -214,152 | 2,879,030 | -% |
May 10, 2024 | MACKENZIE FINANCIAL CORP | added | 17.94 | 190,052 | 1,443,410 | -% |
May 10, 2024 | CREDIT SUISSE AG/ | added | 1.42 | -38,137 | 3,914,220 | -% |
May 10, 2024 | PEAPACK GLADSTONE FINANCIAL CORP | reduced | -19.58 | -93,000 | 339,000 | -% |
May 10, 2024 | Edgestream Partners, L.P. | reduced | -9.68 | -454,557 | 3,394,800 | 0.17% |
May 10, 2024 | JPMORGAN CHASE & CO | added | 16.03 | 1,228,830 | 10,469,900 | -% |
May 10, 2024 | SEEDS INVESTOR LLC | sold off | -100 | -180,443 | - | -% |
May 10, 2024 | McIlrath & Eck, LLC | unchanged | - | -18.00 | 747 | -% |
May 10, 2024 | Cullen/Frost Bankers, Inc. | added | 52.08 | 2,850 | 8,725 | -% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | reduced | -1.23 | -5,594,050 | 151,912,000 | 0.04% |
Unveiling TEGNA Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
TEGNA Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.6% | 714 | 726 | 713 | 732 | 740 | 917 | 803 | 785 | 774 | 775 | 756 | 733 | 727 | 938 | 738 | 578 | 684 | 694 | 552 | 537 | 517 |
Costs and Expenses | -0.9% | 577 | 582 | 579 | 450 | 567 | 589 | 571 | 564 | 565 | 565 | 545 | 547 | 531 | 544 | 511 | 503 | 510 | 517 | 445 | 394 | 384 |
S&GA Expenses | -12.8% | 102 | 117 | 98.00 | 97.00 | 99.00 | 114 | 99.00 | 100 | 102 | 110 | 100 | 97.00 | 89.00 | 98.00 | 90.00 | 85.00 | 93.00 | 103 | 78.00 | 74.00 | 71.00 |
EBITDA Margin | 0.8% | 0.29* | 0.29* | 0.27* | 0.26* | 0.26* | 0.25* | 0.27* | 0.27* | 0.28* | 0.28* | 0.28* | 0.28* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -3.2% | 42.00 | 44.00 | 43.00 | 43.00 | 43.00 | 44.00 | 43.00 | 43.00 | 44.00 | 46.00 | 46.00 | 47.00 | 46.00 | 50.00 | 52.00 | 52.00 | 57.00 | 60.00 | 52.00 | 46.00 | 46.00 |
Income Taxes | 132.3% | 61.00 | 26.00 | 28.00 | 44.00 | 32.00 | 70.00 | 44.00 | 44.00 | 45.00 | 32.00 | 37.00 | 31.00 | 36.00 | 85.00 | 42.00 | 7.00 | 21.00 | 37.00 | 5.00 | 25.00 | 23.00 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105 | 97.00 |
EBT Margin | 0.9% | 0.21* | 0.21* | 0.20* | 0.19* | 0.19* | 0.19* | 0.20* | 0.20* | 0.20* | 0.21* | 0.20* | 0.20* | - | - | - | - | - | - | - | - | - |
Net Income | 149.0% | 190 | 76.00 | 96.00 | 200 | 104 | 219 | 146 | 132 | 134 | 129 | 128 | 107 | 113 | 244 | 132 | 20.00 | 86.00 | 84.00 | 48.00 | 80.00 | 74.00 |
Net Income Margin | 18.9% | 0.19* | 0.16* | 0.20* | 0.21* | 0.19* | 0.19* | 0.17* | 0.17* | 0.16* | 0.16* | 0.19* | 0.19* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -37.6% | 95.00 | 153 | 87.00 | 125 | 168 | 196 | 197 | 178 | 191 | 135 | 134 | 124 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.5% | 7,105 | 7,000 | 7,195 | 7,115 | 7,394 | 7,329 | 7,124 | 6,965 | 6,854 | 6,918 | 6,931 | 6,843 | 6,858 | 6,849 | 6,945 | 6,928 | 6,894 | 6,954 | 6,902 | 5,413 | 5,324 |
Current Assets | 4.3% | 1,096 | 1,050 | 1,242 | 1,144 | 1,400 | 1,304 | 1,071 | 885 | 769 | 788 | 757 | 698 | 693 | 673 | 763 | 711 | 647 | 707 | 648 | 537 | 519 |
Cash Equivalents | 19.3% | 431 | 361 | 553 | 489 | 683 | 552 | 377 | 201 | 43.00 | 57.00 | 51.00 | 57.00 | 13.00 | 41.00 | 165 | 173 | 35.00 | 29.00 | 9.00 | 29.00 | 4.00 |
Net PPE | -2.1% | 443 | 452 | 441 | 442 | 445 | 457 | 457 | 459 | 457 | 467 | 460 | 466 | 470 | 470 | 471 | 481 | 485 | 486 | 471 | 385 | 387 |
Goodwill | 1.2% | 3,016 | 2,982 | 2,982 | 2,982 | 2,982 | 2,980 | 2,982 | 2,982 | 2,982 | 2,982 | 2,982 | 2,982 | 2,982 | 2,969 | 2,969 | 2,969 | 2,967 | 2,951 | 128 | 24.00 | 2,606 |
Liabilities | 0.3% | 4,288 | 4,276 | 4,216 | 4,193 | 4,225 | 4,240 | 4,229 | 4,207 | 4,218 | 4,382 | 4,495 | 4,569 | 4,703 | 4,776 | 5,131 | 5,239 | 5,222 | 5,364 | 5,381 | 3,933 | 3,918 |
Current Liabilities | 2.5% | 434 | 423 | 358 | 333 | 378 | 391 | 395 | 371 | 380 | 375 | 351 | 318 | 389 | 424 | 399 | 317 | 324 | 361 | 375 | 277 | 324 |
Long Term Debt | 0.0% | 3,074 | 3,073 | 3,072 | 3,071 | 3,070 | 3,069 | 3,068 | 3,068 | 3,067 | 3,232 | 3,337 | 3,456 | 3,517 | 3,553 | 3,906 | 4,098 | 4,072 | 4,179 | 4,181 | 2,954 | 2,891 |
LT Debt, Non Current | -100.0% | - | 3,073 | 3,072 | 3,071 | 3,070 | 3,069 | 3,068 | 3,068 | 3,067 | 3,232 | 3,337 | 3,456 | 3,517 | 3,553 | 3,906 | 4,098 | 4,072 | 4,179 | 4,181 | 2,954 | 2,891 |
Shareholder's Equity | 3.4% | 2,798 | 2,705 | 2,961 | 2,904 | 3,151 | 3,072 | 2,878 | 2,742 | 2,619 | 2,520 | 2,420 | 2,259 | 2,139 | 2,058 | 1,800 | 1,675 | 1,658 | 1,590 | 1,522 | 1,480 | 1,405 |
Retained Earnings | 1.9% | 8,248 | 8,091 | 8,063 | 7,989 | 7,880 | 7,898 | 7,704 | 7,583 | 7,480 | 7,459 | 7,351 | 7,249 | 7,152 | 7,076 | 6,847 | 6,730 | 6,726 | 6,655 | 6,586 | 6,553 | 6,488 |
Additional Paid-In Capital | 0% | 28.00 | 28.00 | 72.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 113 | 120 | 140 | 152 | 247 | 252 | 256 | 263 |
Accumulated Depreciation | 2.3% | 640 | 626 | 616 | 635 | 623 | 610 | 599 | 612 | 601 | 587 | 574 | 582 | 570 | 556 | 541 | 544 | 529 | 512 | 515 | 510 | 497 |
Shares Outstanding | -100.0% | - | 208 | 201 | 221 | 225 | 224 | 223 | 223 | 223 | 222 | 221 | 221 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 3,229 | - | - | - | 4,639 | - | - | - | 4,120 | - | - | - | 2,426 | - | - | - | 3,271 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -43.7% | 100,380 | 178,410 | 101,354 | 137,098 | 170,387 | 211,446 | 209,318 | 195,127 | 196,260 | 159,008 | 146,111 | 138,422 | 58,071 | 289,385 | 202,209 | 136,178 | 177,364 | 82,888 | 97,734 | 68,442 | 48,409 |
Share Based Compensation | 22.4% | 11,132 | 9,094 | 6,558 | 5,157 | 3,688 | 6,856 | 6,416 | 6,714 | 10,495 | 8,378 | 6,965 | 7,411 | 8,761 | 7,728 | 5,010 | 8,325 | -757 | 6,259 | 4,445 | 5,009 | 4,433 |
Cashflow From Investing | 446.4% | 86,224 | -24,894 | 12,812 | -11,785 | -4,122 | -15,170 | -12,243 | -16,489 | -7,330 | -23,900 | -11,104 | -11,021 | -23,231 | -35,109 | -3,355 | -5,494 | -15,563 | -40,443 | -1,325,322 | -87,668 | -110,037 |
Cashflow From Financing | 66.2% | -116,876 | -345,510 | -50,509 | -319,119 | -34,767 | -21,236 | -21,204 | -21,184 | -202,603 | -129,333 | -141,055 | -82,992 | -62,955 | -377,894 | -207,338 | 7,327 | -156,146 | -22,235 | 1,207,514 | 44,676 | -70,416 |
Dividend Payments | -2.7% | 19,898 | 20,456 | 22,589 | 19,129 | 21,360 | 21,223 | 21,202 | 21,180 | 21,151 | 21,030 | 21,009 | 20,987 | 15,439 | 15,355 | 15,334 | 15,306 | 30,470 | 15,173 | 15,157 | 15,216 | 15,078 |
Buy Backs | -66.3% | 85,920 | 255,233 | 28,704 | 438,744 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |||
Income Statement [Abstract] | ||||
Revenues | $ 714,252 | $ 740,327 | ||
Operating expenses: | ||||
Cost of revenues | [1] | 430,567 | 426,932 | |
Business units - Selling, general and administrative expenses | 102,260 | 99,109 | ||
Corporate - General and administrative expenses | 14,798 | 12,100 | ||
Depreciation | 14,310 | 15,049 | ||
Amortization of intangible assets | 13,660 | 13,582 | ||
Asset impairment and other | 1,097 | |||
Total | 576,692 | 566,772 | ||
Operating income | 137,560 | 173,555 | ||
Non-operating (expense) income: | ||||
Interest expense | (42,368) | (42,906) | ||
Interest income | 5,573 | 7,573 | ||
Other non-operating items, net | 149,758 | (2,399) | ||
Total | 112,963 | (37,732) | ||
Income before income taxes | 250,523 | 135,823 | ||
Provision for income taxes | 61,261 | 31,819 | ||
Net Income | 189,262 | 104,004 | ||
Net loss attributable to redeemable noncontrolling interest | 298 | 299 | ||
Net income attributable to TEGNA Inc. | $ 189,560 | $ 104,303 | ||
Earnings per share: | ||||
Basic (in dollars per share) | $ 1.06 | $ 0.46 | ||
Diluted (in dollars per share) | $ 1.06 | $ 0.46 | ||
Weighted average number of common shares outstanding: | ||||
Basic shares (in shares) | 177,823 | 224,544 | ||
Diluted shares (in shares) | 178,437 | 224,839 | ||
|
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 430,764 | $ 361,036 |
Accounts receivable, net of allowances of $2,535 and $2,845, respectively | 604,537 | 624,445 |
Other receivables | 11,023 | 9,299 |
Syndicated programming rights | 21,281 | 31,530 |
Prepaid expenses and other current assets | 28,386 | 24,008 |
Total current assets | 1,095,991 | 1,050,318 |
Property and equipment | ||
Cost | 1,082,848 | 1,078,209 |
Less accumulated depreciation | (640,149) | (626,029) |
Net property and equipment | 442,699 | 452,180 |
Intangible and other assets | ||
Goodwill | 3,015,973 | 2,981,587 |
Indefinite-lived and amortizable intangible assets, less accumulated amortization of $257,433 and $289,949, respectively | 2,349,712 | 2,328,972 |
Right-of-use assets for operating leases | 70,897 | 73,479 |
Investments and other assets | 129,388 | 113,521 |
Total intangible and other assets | 5,565,970 | 5,497,559 |
Total assets | 7,104,660 | 7,000,057 |
Current liabilities | ||
Accounts payable | 80,001 | 114,950 |
Accrued liabilities | ||
Compensation | 48,271 | 54,929 |
Interest | 11,891 | 45,144 |
Contracts payable for programming rights | 130,298 | 119,562 |
Other | 97,064 | 82,782 |
Income taxes payable | 66,453 | 6,005 |
Total current liabilities | 433,978 | 423,372 |
Noncurrent liabilities | ||
Deferred income tax liability | 578,244 | 578,219 |
Long-term debt | 3,073,692 | 3,072,801 |
Pension liabilities | 69,706 | 70,483 |
Operating lease liabilities | 70,937 | 73,733 |
Other noncurrent liabilities | 61,040 | 57,765 |
Total noncurrent liabilities | 3,853,619 | 3,853,001 |
Total liabilities | 4,287,597 | 4,276,373 |
Commitments and contingent liabilities (see Note 10) | ||
Redeemable noncontrolling interest (see Note 1) | 19,174 | 18,812 |
Shareholders' equity | ||
Common stock of $1 per value per share, 800,000,000 shares authorized, 324,418,632 shares issued | 324,419 | 324,419 |
Additional paid-in capital | 27,941 | 27,941 |
Retained earnings | 8,248,066 | 8,091,245 |
Accumulated other comprehensive loss | (118,499) | (119,610) |
Less treasury stock at cost, 153,095,072 shares and 144,502,338 shares, respectively | (5,684,038) | (5,619,123) |
Total equity | 2,797,889 | 2,704,872 |
Total liabilities, redeemable noncontrolling interest and equity | $ 7,104,660 | $ 7,000,057 |
 | Mr. David T. Lougee |
---|---|
 | tegna.com |
 | Media |
 | 6300 |