Company profile

Ticker
TGNA
Exchange
Website
CEO
David T. Lougee
Employees
Incorporated
Location
Fiscal year end
Former names
GANNETT CO INC /DE/
SEC CIK
IRS number
160442930

TGNA stock data

(
)

Calendar

10 Aug 20
20 Sep 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from TEGNA earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
27 May 20 Bianchini Gina L RSU Common Stock Grant Aquire A No 0 10,204 0 10,204
27 May 20 Lidia Fonseca RSU Common Stock Grant Aquire A No 0 10,204 0 10,204
27 May 20 Epstein Stuart J. RSU Common Stock Grant Aquire A No 0 10,204 0 10,204
27 May 20 Elias Howard D RSU Common Stock Grant Aquire A No 0 10,204 0 10,204
27 May 20 Nolop Bruce P RSU Common Stock Grant Aquire A No 0 10,204 0 10,204
91.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 279 293 -4.8%
Opened positions 47 54 -13.0%
Closed positions 61 62 -1.6%
Increased positions 85 70 +21.4%
Reduced positions 96 113 -15.0%
13F shares
Current Prev Q Change
Total value 2.23B 2.27B -1.6%
Total shares 200.49M 209.15M -4.1%
Total puts 323.6K 277.6K +16.6%
Total calls 1.72M 3.63M -52.5%
Total put/call ratio 0.2 0.1 +145.6%
Largest owners
Shares Value Change
BLK BlackRock 25.41M $283.09M +1.5%
Vanguard 22.05M $245.61M -6.7%
Standard General 16.61M $184.99M +3.0%
STT State Street 10.01M $112.18M +8.4%
New South Capital Management 8.79M $97.96M +1.3%
HG Vora Capital Management 8.5M $94.69M -43.3%
LSV Asset Management 8.34M $92.89M +13.8%
NTRS Northern Trust 6.73M $74.94M +1.3%
Ariel Investments 6.57M $73.17M +31.7%
Dimensional Fund Advisors 5.89M $65.56M +1.6%
Largest transactions
Shares Bought/sold Change
HG Vora Capital Management 8.5M -6.5M -43.3%
GS Goldman Sachs 2.18M -5.67M -72.2%
MCQEF Macquarie 4.02M +4.01M +57351.9%
Citadel Advisors 4.66M +3.49M +297.5%
State Of Michigan Retirement System 79.57K -2.61M -97.0%
UBS UBS 2.48M -2.54M -50.6%
Aqr Capital Management 1.99M -2.3M -53.6%
Canyon Capital Advisors 0 -2.16M EXIT
TIG Advisors 586.93K -1.99M -77.2%
Pinnacle Associates 1.7M +1.7M NEW

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
Management Discussion
  • On April 20, 2020, due to the level of uncertainty at the beginning of the COVID-19 pandemic, we suspended our full year 2020 guidance and 2021 preliminary outlook. While the full impact of the COVID-19 pandemic, particularly with regard to the
Content analysis ?
Positive
Negative
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Constraining
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H.S. sophomore Avg
New words: antenna, bad, begun, billed, construction, Crime, economy, felt, fully, Halted, hand, lifting, main, maximum, official, onset, permanent, phase, produce, recover, reinstate, slowly, southern, steadily, successful, unpredictability, upfront
Removed: calculate, customer, divided, favorable, inclusion, incremental, interference, moving, relate, represent, served, Toledo, TX