Q2 EPS Estimates for TEGNA Lowered by Barrington Research

TEGNA Inc. (NYSE:TGNA) – Investment analysts at Barrington Research lowered their Q2 2025 earnings per share estimates for shares of TEGNA in a research report issued to clients and investors on Thursday, May 1st. Barrington Research analyst P. Sholl now expects that the company will post earnings of $0.39 per share for the quarter, down from their prior forecast of $0.44. The consensus estimate for TEGNA’s current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA’s Q1 2026 earnings at $0.68 EPS, Q2 2026 earnings at $0.58 EPS and Q3 2026 earnings at $0.92 EPS.

Several other research analysts have also weighed in on the company. Wells Fargo & Company dropped their target price on TEGNA from $23.00 to $21.00 and set an “overweight” rating on the stock in a research report on Thursday. Guggenheim cut their price target on shares of TEGNA from $22.00 to $20.00 and set a “buy” rating for the company in a report on Friday, April 11th. Finally, StockNews.com cut shares of TEGNA from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, TEGNA presently has an average rating of “Moderate Buy” and an average price target of $20.75.

TEGNA Price Performance

NYSE TGNA opened at $16.49 on Friday. The stock’s 50-day moving average price is $17.12 and its two-hundred day moving average price is $17.70. The company has a market cap of $2.65 billion, a PE ratio of 5.83 and a beta of 0.25. 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 has a 1 year low of $12.35 and a 1 year high of $19.62.

Institutional Investors Weigh In On TEGNA

Several hedge funds have recently bought and sold shares of TGNA. Tower Research Capital LLC TRC boosted its stake in shares of TEGNA by 80.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,683 shares of the company’s stock valued at $31,000 after buying an additional 749 shares during the period. GAMMA Investing LLC increased its stake in shares of TEGNA by 59.0% in the fourth quarter. GAMMA Investing LLC now owns 2,040 shares of the company’s stock valued at $37,000 after buying an additional 757 shares during the period. Smartleaf Asset Management LLC boosted its position in TEGNA by 95.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,702 shares of the company’s stock valued at $31,000 after acquiring an additional 832 shares during the last quarter. Blue Trust Inc. boosted its stake in TEGNA by 26.0% during the first quarter. Blue Trust Inc. now owns 4,227 shares of the company’s stock worth $77,000 after acquiring an additional 873 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in shares of TEGNA by 4.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 23,193 shares of the company’s stock valued at $424,000 after acquiring an additional 910 shares in the last quarter. 92.19% of the stock is currently owned by institutional investors and hedge funds.

TEGNA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 7th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend was Friday, March 7th. TEGNA’s payout ratio is currently 14.12%.

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.