Q3 Earnings Forecast for TEGNA Issued By Barrington Research

TEGNA Inc. (NYSE:TGNA) – Analysts at Barrington Research upped their Q3 2025 earnings estimates for shares of TEGNA in a research note issued to investors on Monday, May 12th. Barrington Research analyst P. Sholl now forecasts that the company will earn $0.35 per share for the quarter, up from their prior estimate of $0.33. 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 $0.62 EPS and FY2026 earnings at $3.10 EPS.

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

A number of other equities analysts also recently commented on the stock. Guggenheim increased 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. StockNews.com downgraded shares of TEGNA from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Wells Fargo & Company reduced their price objective on shares of TEGNA from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, May 1st. Finally, Benchmark reduced 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. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $20.50.

TEGNA Price Performance

Shares of NYSE TGNA opened at $17.58 on Wednesday. The firm has a market cap of $2.83 billion, a PE ratio of 6.21 and a beta of 0.31. 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. The company has a fifty day moving average price of $17.04 and a 200 day moving average price of $17.74.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Nuveen LLC bought a new position in shares of TEGNA during the first quarter worth approximately $15,492,000. Norges Bank acquired a new stake in shares of TEGNA during the 4th quarter worth approximately $12,170,000. Deutsche Bank AG boosted its position in shares of TEGNA by 383.6% during the 1st quarter. Deutsche Bank AG now owns 756,941 shares of the company’s stock worth $13,791,000 after acquiring an additional 600,407 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of TEGNA during the 4th quarter worth approximately $7,955,000. Finally, Jane Street Group LLC boosted its position in shares of TEGNA by 193.0% during the 1st quarter. Jane Street Group LLC now owns 573,255 shares of the company’s stock worth $10,445,000 after acquiring an additional 377,578 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.