Q2 EPS Estimates for TEGNA Cut by Barrington Research

TEGNA Inc. (NYSE:TGNA - Free Report) - Stock analysts at Barrington Research decreased their Q2 2025 earnings estimates for TEGNA in a report released on Monday, November 11th. Barrington Research analyst J. Goss now forecasts that the company will earn $0.44 per share for the quarter, down from their prior estimate of $0.49. The consensus estimate for TEGNA's current full-year earnings is $3.07 per share. Barrington Research also issued estimates for TEGNA's Q4 2025 earnings at $0.64 EPS and FY2026 earnings at $3.10 EPS.

TEGNA (NYSE:TGNA - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.83 by $0.11. The company had revenue of $806.83 million during the quarter, compared to analyst estimates of $795.72 million. TEGNA had a return on equity of 14.49% and a net margin of 16.75%. TEGNA's quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 EPS.

Several other equities research analysts have also recently issued reports on TGNA. JPMorgan Chase & Co. lifted their target price on shares of TEGNA from $16.00 to $19.00 and gave the stock a "neutral" rating in a research note on Tuesday. Benchmark upped their price objective on shares of TEGNA from $21.00 to $23.00 and gave the company a "buy" rating in a research note on Friday, November 8th.

TEGNA Price Performance

Shares of TGNA traded up $0.22 during trading hours on Wednesday, hitting $18.69. 1,890,122 shares of the stock were exchanged, compared to its average volume of 2,255,204. The stock's 50-day moving average price is $15.88 and its two-hundred day moving average price is $14.90. TEGNA has a 12-month low of $12.35 and a 12-month high of $19.62. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 6.60 and a beta of 0.49.

Insider Activity

In other news, COO Lynn B. Trelstad sold 25,000 shares of TEGNA stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $13.88, for a total transaction of $347,000.00. Following the completion of the sale, the chief operating officer now directly owns 179,617 shares of the company's stock, valued at approximately $2,493,083.96. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 50,016 shares of company stock valued at $757,218. 0.88% of the stock is currently owned by insiders.

Institutional Trading of TEGNA

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of TEGNA in the third quarter valued at about $28,000. Headlands Technologies LLC purchased a new stake in TEGNA in the 1st quarter valued at approximately $46,000. US Bancorp DE boosted its holdings in TEGNA by 20.4% in the 3rd quarter. US Bancorp DE now owns 4,503 shares of the company's stock valued at $71,000 after purchasing an additional 764 shares in the last quarter. CWM LLC increased its position in TEGNA by 146.3% during the 2nd quarter. CWM LLC now owns 4,614 shares of the company's stock worth $64,000 after purchasing an additional 2,741 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of TEGNA by 247.8% during the 2nd quarter. Blue Trust Inc. now owns 4,702 shares of the company's stock worth $70,000 after buying an additional 3,350 shares in the last quarter. 92.19% of the stock is 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.