11.25 -1.96 (-14.84%)
Pre-market: 9:15AM EDT
|Bid||11.11 x 800|
|Ask||0.00 x 1300|
|Day's range||12.53 - 13.45|
|52-week range||10.66 - 18.31|
|Beta (5Y monthly)||1.56|
|PE ratio (TTM)||10.08|
|Earnings date||06-May-2020 - 10-May-2020|
|Forward dividend & yield||0.28 (2.08%)|
|1y target est||17.50|
TEGNA reported on recent acquisition approaches. As has been widely reported, TEGNA received four unsolicited acquisition proposals in recent weeks.
TEGNA announced Cherbury Chesser has been promoted to vice president and treasurer, and Doug Kuckelman has been named head of investor relations.
KARE 11 is pleased to announce the promotion of Joanie Kraus to Director of Sales at KARE 11. Kraus will be replacing former Director of Sales, Steve Chase, who has moved to TEGNA owned sister station KUSA in Denver, CO. Kraus will be responsible for the leadership of the KARE 11 sales team, developing new business opportunities and creating customized solutions to customer needs.
A successful bid by Atlanta-based Gray would significantly expand its footprint in several TV markets. It underscores the pressure Gray and other companies in the TV station industry are under to gain scale and pricing power with advertisers and the major networks. Gray, which has a market capitalization of $1.5 billion, has offered about $20 per share in cash and stock for Tegna, two of the sources said.
TEGNA to provide live audio webcast of Q&A session with president and CEO Dave Lougee at the Deutsche Bank 2020 Media, Internet & Telecom Conference.
Importantly, earnings yield can be more useful than the traditional P/E ratio as the former facilitates comparisons of stocks with fixed- income securities.
Partnership to Accelerate Growth of Premion Business Tysons, VA and Atlanta, GA, Feb. 26, 2020 -- TEGNA Inc. (NYSE: TGNA) and Gray Television, Inc. (NYSE: GTN) today jointly.
TEGNA announces David C. Loving has been appointed president and general manager at WOI and KCWI, TEGNA's ABC and CW affiliates in Des Moines, Iowa.
TEGNA announced Joan Barrett has been appointed president and general manager at WCNC, TEGNA's NBC affiliate in Charlotte, North Carolina.
World Wrestling Entertainment's (WWE) fourth-quarter revenues increase year over year. Notably, higher revenues at the Media segment contribute to the company's top line.
The New York Times Company's (NYT) digital advertising revenues decrease during fourth-quarter 2019. Management now expects digital advertising to return to growth by the second half of 2020.
TEGNA announces all 12 of its Texas stations to livestream U.S. Senate Democratic primary debate on February 18, hosted by TEGNA's KVUE in Austin.