Q3 Earnings Forecast for TEGNA Issued By Barrington Research

TEGNA Inc. (NYSE:TGNA) – Investment analysts at Barrington Research lifted their Q3 2025 earnings per share estimates for shares of TEGNA in a research report issued on Monday, August 11th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $0.39 for the quarter, up from their previous forecast of $0.35. The consensus estimate for TEGNA’s current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA’s FY2025 earnings at $1.67 EPS, Q1 2026 earnings at $0.58 EPS, Q2 2026 earnings at $0.55 EPS, Q3 2026 earnings at $0.91 EPS, Q4 2026 earnings at $1.21 EPS and FY2026 earnings at $3.22 EPS.

A number of other analysts have also commented on the company. Wells Fargo & Company reissued an “overweight” rating and set a $22.00 price objective (up from $21.00) on shares of TEGNA in a report on Sunday. JPMorgan Chase & Co. cut their target price on TEGNA from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 21st. Benchmark cut their target price on TEGNA from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Finally, Guggenheim cut their target price on TEGNA from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, July 2nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.25.

TEGNA Stock Performance

Shares of TGNA opened at $20.36 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a 50 day moving average price of $16.84 and a two-hundred day moving average price of $17.15. The firm has a market capitalization of $3.28 billion, a P/E ratio of 7.32 and a beta of 0.28. TEGNA has a 52 week low of $13.37 and a 52 week high of $20.54.

TEGNA (NYSE:TGNA) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.06. The firm had revenue of $675.05 million during the quarter, compared to analyst estimates of $673.92 million. TEGNA had a return on equity of 16.20% and a net margin of 14.99%. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 EPS.

TEGNA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Friday, June 6th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, June 6th. TEGNA’s payout ratio is 17.99%.

Institutional Investors Weigh In On TEGNA

A number of hedge funds and other institutional investors have recently bought and sold shares of TGNA. LSV Asset Management grew its position in shares of TEGNA by 0.4% during the 1st quarter. LSV Asset Management now owns 7,828,750 shares of the company’s stock valued at $142,640,000 after purchasing an additional 32,121 shares in the last quarter. Geode Capital Management LLC grew its position in shares of TEGNA by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 5,008,137 shares of the company’s stock valued at $83,944,000 after purchasing an additional 82,140 shares in the last quarter. Northern Trust Corp grew its position in shares of TEGNA by 8.3% during the 4th 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. Millennium Management LLC grew its position in shares of TEGNA by 51.5% during the 1st quarter. Millennium Management LLC now owns 2,548,981 shares of the company’s stock valued at $46,442,000 after purchasing an additional 866,970 shares in the last quarter. Finally, Boston Partners grew its position in TEGNA by 1.3% in the second quarter. Boston Partners now owns 2,399,319 shares of the company’s stock worth $40,050,000 after acquiring an additional 30,229 shares in the last quarter. Institutional investors own 92.19% of the company’s stock.

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.