Barrington Research Reduces Earnings Estimates for TEGNA

TEGNA Inc. (NYSE:TGNA) – Analysts at Barrington Research decreased their Q2 2025 earnings per share estimates for shares of TEGNA in a research report issued on Monday, November 11th. Barrington Research analyst J. Goss now expects that the company will earn $0.44 per share for the quarter, down from their previous forecast 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.

A number of other research analysts have also weighed in on the company. JPMorgan Chase & Co. increased their price target on TEGNA from $16.00 to $19.00 and gave the stock a “neutral” rating in a research note on Tuesday. Benchmark upped their target price on TEGNA from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, November 8th.

TEGNA Trading Down 3.1 %

Shares of TGNA opened at $18.11 on Wednesday. TEGNA has a twelve month low of $12.35 and a twelve month high of $19.62. The firm has a market capitalization of $2.92 billion, a P/E ratio of 6.40 and a beta of 0.49. The firm’s 50-day moving average is $15.97 and its two-hundred day moving average is $14.92. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 1.07.

TEGNA (NYSE:TGNA) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $0.11. The firm had revenue of $806.83 million for the quarter, compared to analyst estimates of $795.72 million. TEGNA had a net margin of 16.75% and a return on equity of 14.49%. TEGNA’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS.

Insider Buying and Selling at TEGNA

In other TEGNA news, COO Lynn B. Trelstad sold 25,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $16.40, for a total transaction of $410,000.00. Following the transaction, the chief operating officer now directly owns 154,617 shares in the company, valued at $2,535,718.80. This trade represents a 13.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.88% of the company’s stock.

Institutional Investors Weigh In On TEGNA

Several hedge funds have recently modified their holdings of TGNA. Harbor Capital Advisors Inc. acquired a new position in shares of TEGNA in the 3rd quarter worth approximately $28,000. Headlands Technologies LLC acquired a new position in TEGNA during the first quarter valued at approximately $46,000. CWM LLC increased its position in shares of TEGNA by 146.3% in the 2nd quarter. CWM LLC now owns 4,614 shares of the company’s stock valued at $64,000 after buying an additional 2,741 shares in the last quarter. Blue Trust Inc. raised its position in shares of TEGNA by 247.8% during the second quarter. Blue Trust Inc. now owns 4,702 shares of the company’s stock worth $70,000 after purchasing an additional 3,350 shares during the period. Finally, US Bancorp DE lifted its position 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 acquiring an additional 764 shares in the last quarter. 92.19% of the stock is owned by institutional investors.

About TEGNA

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.