Q1 Earnings Forecast for TEGNA Issued By Barrington Research

TEGNA Inc. (NYSE:TGNA - Free Report) - Investment analysts at Barrington Research issued their Q1 2026 earnings per share (EPS) estimates for shares of TEGNA in a report released on Wednesday, March 5th. Barrington Research analyst P. Sholl anticipates that the company will post earnings per share of $0.66 for the quarter. The consensus estimate for TEGNA's current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA's Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $1.02 EPS, Q4 2026 earnings at $1.42 EPS and FY2027 earnings at $2.24 EPS.

Several other equities analysts have also weighed in on the company. JPMorgan Chase & Co. lifted their price target on TEGNA from $16.00 to $19.00 and gave the company a "neutral" rating in a research note on Tuesday, November 12th. StockNews.com lowered TEGNA from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Wells Fargo & Company upgraded TEGNA from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $21.00 to $23.00 in a research note on Thursday, December 19th. Finally, Guggenheim restated a "buy" rating and issued a $22.00 price target on shares of TEGNA in a research note on Friday, January 24th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, TEGNA has an average rating of "Moderate Buy" and an average target price of $21.75.

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TEGNA Price Performance

Shares of NYSE:TGNA traded up $0.16 during trading on Friday, reaching $17.80. 1,807,831 shares of the company's stock traded hands, compared to its average volume of 1,874,373. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.07. TEGNA has a fifty-two week low of $12.35 and a fifty-two week high of $19.62. The company has a 50-day simple moving average of $18.06 and a 200-day simple moving average of $17.07. The firm has a market cap of $2.85 billion, a PE ratio of 6.29 and a beta of 0.45.

TEGNA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 7th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.50 annualized dividend and a yield of 2.81%. TEGNA's dividend payout ratio (DPR) is currently 14.12%.

Institutional Investors Weigh In On TEGNA

Large investors have recently bought and sold shares of the company. Pacer Advisors Inc. grew its position in shares of TEGNA by 2,898.4% in the third quarter. Pacer Advisors Inc. now owns 10,806,130 shares of the company's stock valued at $170,521,000 after purchasing an additional 10,445,739 shares in the last quarter. State Street Corp grew its position in shares of TEGNA by 3.5% in the third quarter. State Street Corp now owns 8,194,619 shares of the company's stock valued at $129,991,000 after purchasing an additional 276,699 shares in the last quarter. Geode Capital Management LLC grew its position in shares of TEGNA by 5.1% in the third quarter. Geode Capital Management LLC now owns 4,905,588 shares of the company's stock valued at $77,422,000 after purchasing an additional 238,696 shares in the last quarter. Northern Trust Corp grew its position in shares of TEGNA by 8.3% in the fourth quarter. Northern Trust Corp now owns 2,865,335 shares of the company's stock valued at $52,407,000 after purchasing an additional 219,706 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of TEGNA by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,873,167 shares of the company's stock valued at $34,260,000 after purchasing an additional 93,894 shares in the last quarter. 92.19% of the stock is currently owned by hedge funds and other institutional investors.

TEGNA Company Profile

TEGNA Inc, a media company, provides broadcast advertising and marketing products and services for businesses. The company operates 47 television stations in 39 markets of the United States that produce local programming, such as news, sports, and entertainment. It offers local and national non-political advertising; political advertising; production of programming from third parties; production of advertising materials; and digital marketing services, as well as advertising services on the stations' Websites, tablets, and mobile products.