Company profile

Ticker
TGNA
Exchange
Website
CEO
David T. Lougee
Employees
Incorporated in
Location
Fiscal year end
Former names
Gannett Co Inc
SEC CIK
IRS number
160442930

TGNA stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

2 Mar 20
9 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 693.96M 551.86M 536.93M 516.75M
Net income 83.96M 48.35M 79.96M 73.98M
Diluted EPS 0.38 0.22 0.37 0.34
Net profit margin 12.10% 8.76% 14.89% 14.32%
Operating income 176.72M 106.83M 142.81M 132.65M
Net change in cash 20.21M -20.07M 25.45M -132.04M
Cash on hand 29.4M 9.19M 29.27M 3.82M
Cost of revenue 355.16M 306.47M 285.29M 281.31M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 2.3B 2.21B 1.9B 2B
Net income 286.24M 405.67M 273.74M 436.7M
Diluted EPS 1.31 1.87 1.26 1.99
Net profit margin 12.45% 18.38% 14.38% 21.79%
Operating income 559.02M 698.48M 545.9M 708.15M
Net change in cash -106.46M 37.06M 82.92M -10.22M
Cash on hand 29.4M 135.86M 98.8M 15.88M
Cost of revenue 1.23B 1.07B 933.72M 795.45M

Financial data from TEGNA earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Mar 20 Clifton A. McClelland III RSU Common Stock Grant Aquire A 0 11,597 0 11,597
1 Mar 20 Lynn B. Trelstad RSU Common Stock Grant Aquire A 0 6,608 0 6,608
1 Mar 20 Lynn B. Trelstad RSU Common Stock Grant Aquire A 0 37,896 0 37,896
1 Mar 20 David T Lougee RSU Common Stock Grant Aquire A 0 96,641 0 96,641
1 Mar 20 Akinyale S. Harrison RSU Common Stock Grant Aquire A 0 26,019 0 26,019
29 Feb 20 Lynn B. Trelstad RSU Common Stock Option exercise Dispose M 0 1,108 0 2,215
29 Feb 20 Lynn B. Trelstad Common Stock Payment of exercise Dispose F 14.32 769 11.01K 8,685
29 Feb 20 Lynn B. Trelstad Common Stock Option exercise Aquire M 0 1,200 0 9,454
29 Feb 20 Lynn B. Trelstad Common Stock Option exercise Aquire M 0 1,108 0 8,254
29 Feb 20 Lynn B. Trelstad Common Stock Payment of exercise Dispose F 14.32 7,963 114.03K 66,251
98.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 300 288 +4.2%
Opened positions 51 34 +50.0%
Closed positions 39 44 -11.4%
Increased positions 99 82 +20.7%
Reduced positions 98 113 -13.3%
13F shares
Current Prev Q Change
Total value 3.57B 3.28B +9.0%
Total shares 214.34M 211.43M +1.4%
Total puts 52.6K 104.5K -49.7%
Total calls 1.19M 137.9K +764.8%
Total put/call ratio 0.0 0.8 -94.2%
Largest owners
Shares Value Change
BLK BlackRock 25.49M $425.5M +1.0%
Vanguard 23.81M $397.34M -3.2%
Standard General 19.11M $318.93M +47.3%
STT State Street 9.93M $166.37M +0.6%
New South Capital Management 9.64M $160.83M -1.2%
Aqr Capital Management 7.37M $122.18M -24.2%
LSV Asset Management 6.97M $116.33M +2.3%
NTRS Northern Trust 6.65M $110.94M -0.2%
Ariel Investments 6.33M $105.68M +0.7%
HG Vora Capital Management 5.85M $97.64M NEW
Largest transactions
Shares Bought/sold Change
Standard General 19.11M +6.14M +47.3%
HG Vora Capital Management 5.85M +5.85M NEW
UBS UBS 1.65M -5.74M -77.7%
Norges Bank 3.13M +3.13M NEW
State Of Michigan Retirement System 2.69M +2.63M +4180.6%
Aqr Capital Management 7.37M -2.36M -24.2%
Diamond Hill Capital Management 0 -2.29M EXIT
Fairpointe Capital 2.6M -1.99M -43.4%
Ajo 0 -1.68M EXIT
FMR 4.7M +957.78K +25.6%

Financial report summary

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Competition
ComcastTribune MediaNetflixComcastGoogleIHSFacebookYouTube
Risks
  • We are impacted by demand for advertising, which, in turn, depends on a number of factors, some of which are cyclical and many of which are beyond our control
  • Competition from alternative forms of media may impair our ability to grow or maintain revenue levels in traditional and new businesses
  • The value of our assets or operations may be diminished if our information technology systems fail to perform adequately
  • Our efforts to minimize the likelihood and impact of adverse cybersecurity incidents and to protect our technology and confidential information may not be successful and our business could be negatively affected
  • We operate our business in a single broadcast segment, which increases our exposure to the changes and highly competitive environment of the broadcast industry
  • Changes in the regulatory environment could increase our costs or limit our opportunities for growth
  • There could be significant liability if the spin-off of Cars.com was determined to be a taxable transaction
  • Our proxy contest with Standard General L.P. has caused and could continue to cause us to incur significant costs, divert management’s attention and resources, and have an adverse effect on our business
  • Our strategic acquisitions, investments and partnerships could pose various risks, increase our leverage and may significantly impact our ability to expand our overall profitability
  • Volatility in the U.S. credit markets could significantly impact our ability to obtain new financing to fund our operations and strategic initiatives or to refinance our existing debt at reasonable rates and terms as it matures
  • The value of our existing intangible assets may become impaired, depending upon future operating results
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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