TEGNA Inc. operates as a media company in the United States. The company operates television stations that deliver television programming and digital content. It offers content and information to consumers across various platforms, including online, mobile, and social platforms; and owns and operates two multicast networks, True Crime Network that focuses on true-crime genre, and Quest that features factual-entertainment programs, such as science, history, and adventure-reality series. The company also provides solutions for advertisers through TEGNA Marketing Solutions (TMS). TMS delivers results for advertisers across television and digital platforms, as well as over-the-top (OTT) platforms, including Premion OTT advertising network. As of March 1, 2021, it operated 64 television stations in 51 markets. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia.
IPO Year:
Exchange: NYSE
Website: tegna.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/19/2024 | $21.00 → $23.00 | Equal Weight → Overweight | Wells Fargo |
12/6/2023 | $22.00 → $17.00 | Neutral | JP Morgan |
5/5/2022 | $24.00 | Overweight → Equal Weight | Wells Fargo |
4/13/2022 | Buy → Hold | Argus | |
9/22/2021 | Outperform → Mkt Perform | Barrington Research |
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TYSONS, Va., March 17, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) announced today that it is teaming up with Amazon Fire TV Channels to bring college basketball fans a new approach to men's and women's NCAA Tournament coverage. Fans can stream "Fire TV Channels Bracket Breakdown," a new series that will cover the tournament beginning to end, with a single click on Fire TV, Fire tablet, and Echo Show devices. "Bracket Breakdown" combines the expertise of notable players, insights from basketball journalists, and the local coverage for which TEGNA's Locked On Podcast Network is known. "Bracket Breakdown" started with Selection Sunday on March 16, and continues all the way through the N
NEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- Premion, a leading premium advertising solution for regional and local advertisers, has integrated Compliant's advanced data integrity signals into its Octillion demand-side platform (DSP). As advertisers prioritize data quality alongside media and creative quality, there is increasing demand for signals that bolster responsible and effective targeting capabilities. Compliant is the first company to offer independent verification of supply-side data standards worldwide. By integrating Compliant's data integrity signals, Octillion enables advertisers to buy inventory from publishers with better data practices. In a data-driven and highly regulat
TYSONS, Va., March 10, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) announced today that John Treviño has been named president and general manager at WKYC, the NBC affiliate serving Cleveland, Ohio, effective March 24. Treviño will be responsible for overseeing the station's operations serving Cleveland community members across all platforms, as well as leading the station's focus on driving results for advertisers as director of sales. "John brings more than 30 years of experience in the local broadcast industry to Cleveland," said Larry Delia, SVP, operations, TEGNA. "His A+ leadership at KBMT-KJAC has been instrumental in driving transformational growth at the station. John's leader
Achieves fourth quarter key guidance metrics and full-year 2024 capital return commitment Reaffirms 2024/2025 two-year Adjusted Free Cash Flow guidance TYSONS, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced financial results for the fourth quarter and full-year 2024 ended December 31, 2024. "As TEGNA enters its next chapter, we are reinventing how we create and monetize content to capture the full opportunity in both linear TV and digital," said Mike Steib, CEO. "With rapid advancements in technology and a shifting regulatory landscape, we see tremendous potential in broadcasting. Backed by industry-leading brands, top talent, and a strong balance sheet, w
TYSONS, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced today that the 2025 Annual Meeting of Shareholders will be held on Wednesday, May 21 at 9 a.m. (ET). Shareholders of record as of the close of business on March 24, 2025, will be notified of the meeting and will be eligible to vote. The Annual Meeting will be held virtually online via a live webcast. Details, including how shareholders can register to attend, will be available closer to the meeting date at investors.tegna.com. About TEGNA TEGNA Inc. (NYSE:TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. Together, we are building a s
TYSONS, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) announced today that news veteran Adrienne Roark has been named chief content officer reporting to CEO Mike Steib, effective March 31. With more than three decades of experience in news leadership, local TV station management and innovative content development, Roark brings her proven expertise to TEGNA. Roark joins TEGNA from CBS News and Stations, where she oversaw daily editorial content, managed CBS-owned stations in New York and Boston, launched weather across the network and led the group's data journalism team. Earlier, she oversaw the network's owned and operated stations in the East and Central U.S. Earlier, R
TYSONS, Va., Feb. 17, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced that Tom Cox is stepping into an expanded role leading the company's distribution efforts. In his new role, Cox will oversee TEGNA's long-standing station affiliation partnerships with NBC, CBS, ABC, and Fox, in addition to the multichannel distribution of its stations' valuable local news programming, premium network content, and live sports. "With 20 years of deep, cross-functional media experience, Tom is the right leader to take on this expanded role," said Mike Steib, TEGNA's CEO. "By working with our content and distribution partners, he'll help strengthen the media ecosystem and ensure a bright fu
DALLAS and TYSONS, Va., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Dallas Wings and TEGNA's (NYSE:TGNA) KFAA in Dallas have announced a landmark broadcast rights agreement, making the station the exclusive local television partner of the Dallas Wings. In 2025, all Wings games not designated for national television will be available for free over-the-air in the local Dallas-Fort Worth area on KFAA (Ch. 29), with the possibility of select games airing on WFAA (Ch. 8). KFAA and TEGNA will lead local and regional advertising and sponsorship sales for all local games. "We are thrilled to announce this groundbreaking broadcast partnership with KFAA," Dallas Wings CEO and managing partner Greg Bibb
TYSONS, Va., Feb. 11, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc.'s (NYSE:TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on April 1, 2025, to stockholders of record as of the close of business on March 7, 2025. About TEGNA TEGNA Inc. (NYSE:TGNA) serves local communities across the U.S. through trustworthy journalism, engaging content, and tools that help people navigate their daily lives. Through customized marketing solutions, we help businesses grow and thrive. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people on an average monthly basis across the web, mobile apps, streaming, and linear television. For m
TYSONS, Va., Jan. 22, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) will host a conference call to discuss its fourth quarter and full-year 2024 earnings results on Thursday, February 27, 2025, at 9 a.m. (ET). The conference call will be webcast through the company's website, and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begins. Once registered, phone participants will receive dial-in numbers and a unique PIN to seamlessly access the call. TEGNA's earnings annou
Wells Fargo upgraded TEGNA from Equal Weight to Overweight and set a new price target of $23.00 from $21.00 previously
JP Morgan resumed coverage of TEGNA with a rating of Neutral and set a new price target of $17.00 from $22.00 previously
Wells Fargo downgraded TEGNA from Overweight to Equal Weight and set a new price target of $24.00
Argus downgraded TEGNA from Buy to Hold
Barrington Research downgraded TEGNA from Outperform to Mkt Perform
Achieves fourth quarter key guidance metrics and full-year 2024 capital return commitment Reaffirms 2024/2025 two-year Adjusted Free Cash Flow guidance TYSONS, Va., Feb. 27, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced financial results for the fourth quarter and full-year 2024 ended December 31, 2024. "As TEGNA enters its next chapter, we are reinventing how we create and monetize content to capture the full opportunity in both linear TV and digital," said Mike Steib, CEO. "With rapid advancements in technology and a shifting regulatory landscape, we see tremendous potential in broadcasting. Backed by industry-leading brands, top talent, and a strong balance sheet, w
TYSONS, Va., Feb. 11, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc.'s (NYSE:TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on April 1, 2025, to stockholders of record as of the close of business on March 7, 2025. About TEGNA TEGNA Inc. (NYSE:TGNA) serves local communities across the U.S. through trustworthy journalism, engaging content, and tools that help people navigate their daily lives. Through customized marketing solutions, we help businesses grow and thrive. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people on an average monthly basis across the web, mobile apps, streaming, and linear television. For m
TYSONS, Va., Jan. 22, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) will host a conference call to discuss its fourth quarter and full-year 2024 earnings results on Thursday, February 27, 2025, at 9 a.m. (ET). The conference call will be webcast through the company's website, and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begins. Once registered, phone participants will receive dial-in numbers and a unique PIN to seamlessly access the call. TEGNA's earnings annou
TEGNA Inc.'s (NYSE:TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on January 2, 2025, to stockholders of record as of the close of business on December 6, 2024. About TEGNA TEGNA Inc. (NYSE:TGNA) serves local communities across the U.S. through trustworthy journalism, engaging content, and tools that help people navigate their daily lives. Through customized marketing solutions, we help businesses grow and thrive. With 64 television stations in 51 U.S. markets, TEGNA reaches approximately 100 million people every month across the web, mobile apps, streaming, and linear television. For more information, visit TEGNA.com. Forward-Looking S
Exceeds third quarter key guidance metrics and reaffirms full-year 2024 key guidance metrics Reports record third quarter political revenue Returns more than $90 million of capital to shareholders, on track to meet commitment to return approximately $350 million of capital in 2024 TEGNA Inc. (NYSE:TGNA) today announced financial results for the third quarter ended September 30, 2024. THIRD QUARTER FINANCIAL HIGHLIGHTS: All Year-Over-Year Comparisons Unless Otherwise Noted: Total company revenue increased 13% to $807 million, above our guidance range, primarily driven by strength in political advertising and positive growth in advertising and marketing services (AMS) revenue. Politic
TEGNA Inc. (NYSE:TGNA) will host a conference call to discuss its third quarter 2024 earnings results on Thursday, November 7, 2024, at 9 a.m. (ET). The conference call will be webcast through the company's website, and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begins. Once registered, phone participants will receive dial-in numbers and a unique PIN to seamlessly access the call. TEGNA's earnings announcement will be released to news outlets and wire services befor
Mike Steib to succeed David Lougee as President, CEO and Director, effective August 12, 2024 Achieved second quarter key guidance metrics and reaffirms full-year guidance Returned $93 million of capital to shareholders, on track to meet commitment to return approximately $350 million of capital in 2024 Appointed two new independent Directors to the Board of Directors TEGNA Inc. (NYSE:TGNA) today announced financial results for the second quarter ended June 30, 2024. SECOND QUARTER FINANCIAL HIGHLIGHTS: All Year-Over-Year Comparisons Unless Otherwise Noted: Total company revenue decreased 3% to $710 million, at the midpoint of our guidance range, primarily due to lower subscri
TEGNA Inc.'s (NYSE:TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on October 1, 2024, to stockholders of record as of the close of business on September 6, 2024. In May 2024, TEGNA's Board approved a 10 percent increase to the Company's regular quarterly dividend, from 11.375 to 12.5 per share. This increase builds on a 20 percent increase to TEGNA's dividend in 2023. About TEGNA TEGNA Inc. (NYSE:TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations i
TEGNA Inc. (NYSE:TGNA) will host a conference call to discuss its second quarter 2024 earnings results on Wednesday, August 7, 2024, at 10 a.m. (ET). The conference call will be webcast through the company's website, and is open to investors, the financial community, the media and other members of the public. To access the meeting by phone, please visit investors.TEGNA.com at least 10 minutes prior to the scheduled start time to access the links and register before the conference call begins. Once registered, phone participants will receive dial-in numbers and a unique PIN to seamlessly access the call. TEGNA's earnings announcement will be released to news outlets and wire services b
Achieves first quarter key guidance metrics and reaffirms full-year guidance Returns more than $100 million of capital to shareholders during the quarter, on track to meet commitment to return approximately $350 million of capital in 2024 Increases regular quarterly dividend by 10% Expects previously announced business transformation initiatives to generate $90-$100 million of annualized cost savings exiting 2025 Integration of Octillion Media's cutting-edge technology into Premion is underway, will drive enhanced revenue growth and performance in local CTV/OTT TEGNA Inc. (NYSE:TGNA) today announced financial results for the first quarter ended March 31, 2024. FIRST QUARTER FINA
TYSONS, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) announced today that news veteran Adrienne Roark has been named chief content officer reporting to CEO Mike Steib, effective March 31. With more than three decades of experience in news leadership, local TV station management and innovative content development, Roark brings her proven expertise to TEGNA. Roark joins TEGNA from CBS News and Stations, where she oversaw daily editorial content, managed CBS-owned stations in New York and Boston, launched weather across the network and led the group's data journalism team. Earlier, she oversaw the network's owned and operated stations in the East and Central U.S. Earlier, R
TYSONS, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE:TGNA) today announced that Scott Dempsey has been named president and general manager at WLTX, TEGNA's CBS affiliate serving Columbia, South Carolina, effective today. In his role, Dempsey is responsible for overseeing the station's operations across all platforms, as well as driving results for advertisers. Dempsey was vice president and general manager at WBTV, a market-leading CBS affiliate in Charlotte, North Carolina, from 2015-2022. During his tenure, the station achieved the top position in the market for the first time in thirty-five years, maintaining a consistent ranking within the top two in Charlotte. During his
TEGNA Inc. (NYSE:TGNA) today announced the appointment of Dhanusha Sivajee as senior vice president and chief experience officer, effective immediately. Sivajee will serve as a member of the company's leadership team, reporting to CEO Mike Steib. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111455136/en/Dhanusha Sivajee will oversee TEGNA's research, communications, brand, performance and lifecycle marketing, and the development of consumer digital products. (Photo: Business Wire) Sivajee will lead the end-to-end journey of local community members across TEGNA's award-winning portfolio of linear, connected TV and digital ex
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ:OLPX) ("OLAPLEX" or "the Company") today announced the appointment of two highly seasoned leaders to its executive team. Catherine Dunleavy will join OLAPLEX as Chief Operating Officer and Chief Financial Officer, effective August 13, and Katie Gohman will join the Company as Chief Marketing Officer, effective July 15. Ms. Dunleavy brings more than two decades of experience driving the strategy and performance of premier consumer brands. Most recently, she served as President, and, prior to that, as Chief Financial Officer at Away, following tenures at Nike, Comcast, NBCUniversal, and GE. In her new role, she will
Board Also Appoints Two New Independent Directors TEGNA Inc. (NYSE:TGNA) today announced that Michael Steib, 48, will succeed David Lougee, 65, as President, CEO and a Director as of August 12, 2024. At that time, Lougee will retire from these roles and become Senior Advisor. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240617538030/en/Michael Steib named President, CEO and Director of TEGNA Inc. (Photo: Business Wire) Steib is currently CEO of Artsy, the world's largest online platform for discovering and collecting art, after serving as President and CEO of XO Group (NYSE:XOXO), parent company of The Knot. Previously, he s
Shareholders of TEGNA Inc. (NYSE:TGNA) today overwhelmingly approved the re-election of nine Board members and an advisory resolution on the compensation of the company's named executive officers. TEGNA shareholders re-elected Board Chairman Howard D. Elias, president and CEO Dave Lougee, Gina L. Bianchini, Stuart J. Epstein, Karen H. Grimes, Scott K. McCune, Henry W. McGee, Neal B. Shapiro and Melinda C. Witmer to the Board of Directors at the company's annual meeting held this morning. Directors will serve one-year terms ending at TEGNA's 2025 annual meeting. At the meeting, TEGNA's shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the company's independent r
TEGNA Inc. (NYSE:TGNA) today announced that WFAA, its Dallas-Fort Worth ABC affiliate, has partnered with the Dallas Mavericks to bring 10 additional games to the WFAA broadcast schedule. Combined with the Mavericks games already slated to air as part of the NBA on ABC between now and the end of the season, Mavericks' fans across Dallas-Fort Worth will now have access to 13 free over-the-air games in the span of 11 weeks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240122962478/en/Mavericks' fans across Dallas-Fort Worth will have access to 13 free games on WFAA-TV through its free over-the-air broadcasts and through its broa
TEGNA Inc. (NYSE:TGNA) today announced that Brian Gregory has been named president and general manager at WVEC, TEGNA's ABC affiliate serving the Hampton Roads region of Virginia and northeastern North Carolina, effective December 18. Gregory will be responsible for overseeing the station's operations across all platforms, as well as community outreach efforts and driving results for advertisers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231208750555/en/Brian Gregory will lead station operations at TEGNA's WVEC-TV in Norfolk, Va. (Photo: Business Wire) Gregory joins WVEC from KDVR/KWGN in Denver where he served as news dire
TEGNA Inc. (NYSE:TGNA) today announced the appointment of Lauren Fisher as senior vice president and chief legal officer, effective November 27. Fisher will serve as a member of the company's leadership team, reporting directly to president and CEO Dave Lougee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231109369159/en/Lauren Fisher named chief legal officer at TEGNA. (Photo: Business Wire) As chief legal officer, Fisher will lead the Company's legal department and oversee all legal functions across a broad range of disciplines including corporate, content creation and distribution, regulatory, ethics and compliance, and lit