Latest news with #TGNA
Yahoo
23-07-2025
- Business
- Yahoo
TEGNA (TGNA) Stock Trades Up, Here Is Why
What Happened? Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 3.4% in the afternoon session after the United States and Japan reached a new trade agreement. The television broadcasting company's stock rose in the absence of any specific company news or press releases. Instead, the upward move appeared tied to positive sentiment across the wider market. Investor optimism was fueled by the announcement of a new trade deal between the U.S. and Japan, which spurred a rally across major U.S. equity indexes, including the S&P 500 and the Dow Jones Industrial Average. This favorable macroeconomic backdrop often lifts individual stocks as overall market risk appetite increases. After the initial pop the shares cooled down to $17.20, up 3.3% from previous close. Is now the time to buy TEGNA? Access our full analysis report here, it's free. What Is The Market Telling Us TEGNA's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. TEGNA is down 8.4% since the beginning of the year, and at $17.20 per share, it is trading 11% below its 52-week high of $19.32 from November 2024. Investors who bought $1,000 worth of TEGNA's shares 5 years ago would now be looking at an investment worth $1,469. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-06-2025
- Business
- Yahoo
Investing in TEGNA (NYSE:TGNA) five years ago would have delivered you a 75% gain
If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see the share price rise faster than the market. But TEGNA Inc. (NYSE:TGNA) has fallen short of that second goal, with a share price rise of 55% over five years, which is below the market return. On a brighter note, more newer shareholders are probably rather content with the 20% share price gain over twelve months. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over half a decade, TEGNA managed to grow its earnings per share at 16% a year. This EPS growth is higher than the 9% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 5.77 also suggests market apprehension. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It might be well worthwhile taking a look at our free report on TEGNA's earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of TEGNA, it has a TSR of 75% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! It's nice to see that TEGNA shareholders have received a total shareholder return of 24% over the last year. That's including the dividend. That gain is better than the annual TSR over five years, which is 12%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand TEGNA better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with TEGNA , and understanding them should be part of your investment process. We will like TEGNA better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
06-06-2025
- Business
- Yahoo
Was Jim Cramer Right About TEGNA Inc. (TGNA)?
We recently published a list of In this article, we are going to take a look at where TEGNA Inc. (NYSE:TGNA) stands against other stocks that Jim Cramer discusses. When a viewer asked about TEGNA Inc. (NYSE:TGNA), Cramer dismissed the stock entirely during that past episode, expressing strong disinterest in anything related to traditional broadcast television. He responded with: 'This is TV stations and I just don't care for anything involving linear TV. It's just not where I want to be. I'm sorry.' Despite dismissing it, the stock is up +11.66% over the past year, making Cramer's take too harsh. TEGNA Inc. (NYSE:TGNA) is a broadcasting and digital media company that owns and operates dozens of local television stations and delivers news content to regional markets across the U.S. A close-up of hands typing on a laptop, highlighting the company's digital content. Overall, TGNA ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TGNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
06-06-2025
- Business
- Yahoo
Was Jim Cramer Right About TEGNA Inc. (TGNA)?
We recently published a list of In this article, we are going to take a look at where TEGNA Inc. (NYSE:TGNA) stands against other stocks that Jim Cramer discusses. When a viewer asked about TEGNA Inc. (NYSE:TGNA), Cramer dismissed the stock entirely during that past episode, expressing strong disinterest in anything related to traditional broadcast television. He responded with: 'This is TV stations and I just don't care for anything involving linear TV. It's just not where I want to be. I'm sorry.' Despite dismissing it, the stock is up +11.66% over the past year, making Cramer's take too harsh. TEGNA Inc. (NYSE:TGNA) is a broadcasting and digital media company that owns and operates dozens of local television stations and delivers news content to regional markets across the U.S. A close-up of hands typing on a laptop, highlighting the company's digital content. Overall, TGNA ranks 4th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of TGNA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
01-06-2025
- Business
- Yahoo
Be Sure To Check Out TEGNA Inc. (NYSE:TGNA) Before It Goes Ex-Dividend
TEGNA Inc. (NYSE:TGNA) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. In other words, investors can purchase TEGNA's shares before the 6th of June in order to be eligible for the dividend, which will be paid on the 1st of July. The company's next dividend payment will be US$0.125 per share. Last year, in total, the company distributed US$0.50 to shareholders. Looking at the last 12 months of distributions, TEGNA has a trailing yield of approximately 3.0% on its current stock price of US$16.72. If you buy this business for its dividend, you should have an idea of whether TEGNA's dividend is reliable and sustainable. As a result, readers should always check whether TEGNA has been able to grow its dividends, or if the dividend might be cut. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. TEGNA is paying out just 18% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. The good news is it paid out just 14% of its free cash flow in the last year. It's positive to see that TEGNA's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. Check out our latest analysis for TEGNA Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings fall far enough, the company could be forced to cut its dividend. For this reason, we're glad to see TEGNA's earnings per share have risen 17% per annum over the last five years. Earnings per share have been growing rapidly and the company is retaining a majority of its earnings within the business. This will make it easier to fund future growth efforts and we think this is an attractive combination - plus the dividend can always be increased later. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. TEGNA has seen its dividend decline 4.6% per annum on average over the past 10 years, which is not great to see. It's unusual to see earnings per share increasing at the same time as dividends per share have been in decline. We'd hope it's because the company is reinvesting heavily in its business, but it could also suggest business is lumpy. From a dividend perspective, should investors buy or avoid TEGNA? TEGNA has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. It's a promising combination that should mark this company worthy of closer attention. In light of that, while TEGNA has an appealing dividend, it's worth knowing the risks involved with this stock. Our analysis shows 2 warning signs for TEGNA and you should be aware of them before buying any shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
