Q3 EPS Estimates for TEGNA Increased by Barrington Research

TEGNA Inc. (NYSE:TGNA) – Research analysts at Barrington Research boosted their Q3 2025 earnings per share estimates for shares of TEGNA in a research report issued to clients and investors on Monday, May 12th. Barrington Research analyst P. Sholl now expects that the company will post earnings per share of $0.35 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.

Other analysts have also recently issued reports about the company. Guggenheim raised their price target on TEGNA from $20.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday. StockNews.com downgraded TEGNA from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Wells Fargo & Company dropped their price objective on 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 dropped their price objective on TEGNA from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, TEGNA has an average rating of “Moderate Buy” and a consensus price target of $20.50.

TEGNA Stock Up 3.0%

TGNA opened at $17.71 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.60 and a quick ratio of 2.60. The business has a 50 day simple moving average of $17.04 and a 200-day simple moving average of $17.74. The stock has a market capitalization of $2.85 billion, a P/E ratio of 6.26 and a beta of 0.31. TEGNA has a 12 month low of $12.35 and a 12 month high of $19.62.

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

Hedge Funds Weigh In On TEGNA

Several hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. increased its position in TEGNA by 26.2% during the third quarter. Principal Financial Group Inc. now owns 891,488 shares of the company’s stock worth $14,068,000 after buying an additional 184,845 shares in the last quarter. EMC Capital Management grew its position in shares of TEGNA by 648.8% in the fourth 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 during the period. Charles Schwab Investment Management Inc. grew its position in shares of TEGNA by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,873,167 shares of the company’s stock valued at $34,260,000 after purchasing an additional 93,894 shares during the period. Guidance Capital Inc. purchased a new stake in shares of TEGNA in the fourth quarter valued at $476,000. Finally, Jennison Associates LLC purchased a new stake in shares of TEGNA in the fourth quarter valued at $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.