Brokers Set Expectations for TEGNA’s Q2 Earnings (NYSE:TGNA)

TEGNA Inc. (NYSE:TGNA) – Investment analysts at Barrington Research cut their Q2 2025 earnings estimates for TEGNA in a research report issued on Monday, May 12th. Barrington Research analyst P. Sholl now expects that the company will earn $0.38 per share for the quarter, down from their prior forecast of $0.39. The consensus estimate for TEGNA’s current full-year earnings is $3.02 per share. Barrington Research also issued estimates for TEGNA’s Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $1.57 EPS, Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.84 EPS and Q4 2026 earnings at $1.19 EPS.

TEGNA (NYSE:TGNA) last announced its earnings results on Thursday, May 8th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. TEGNA had a net margin of 16.75% and a return on equity of 14.49%. The business had revenue of $680.05 million during the quarter, compared to analyst estimates of $677.24 million. During the same period in the previous year, the business earned $0.45 EPS. The company’s quarterly revenue was down 4.8% compared to the same quarter last year.

Other analysts have also recently issued reports about the stock. Wells Fargo & Company decreased their target price on shares of TEGNA from $23.00 to $21.00 and set an “overweight” rating on the stock in a research report on Thursday, May 1st. StockNews.com downgraded shares of TEGNA from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Benchmark lowered their price objective on shares of TEGNA from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. Finally, Guggenheim lifted their price objective on shares of TEGNA from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.50.

TEGNA Trading Up 3.0%

Shares of TEGNA stock opened at $17.71 on Tuesday. The company has a market capitalization of $2.85 billion, a P/E ratio of 6.26 and a beta of 0.31. 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 fifty day moving average of $17.04 and a 200 day moving average of $17.74. TEGNA has a fifty-two week low of $12.35 and a fifty-two week high of $19.62.

Institutional Investors Weigh In On TEGNA

Large investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. boosted its holdings in shares of TEGNA by 26.2% in the 3rd quarter. Principal Financial Group Inc. now owns 891,488 shares of the company’s stock valued at $14,068,000 after buying an additional 184,845 shares in the last quarter. EMC Capital Management increased its holdings in shares of TEGNA by 648.8% in the 4th quarter. EMC Capital Management now owns 20,346 shares of the company’s stock valued at $372,000 after purchasing an additional 17,629 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in TEGNA by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,873,167 shares of the company’s stock valued at $34,260,000 after acquiring an additional 93,894 shares in the last quarter. Guidance Capital Inc. purchased a new stake in shares of TEGNA during the fourth quarter worth about $476,000. Finally, Jennison Associates LLC purchased a new stake in shares of TEGNA during the fourth quarter worth about $550,000. 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.