How to Buy Tegna Stock
Tegna Inc
Tegna is a broadcasting company located in Virginia, United States, which is part of the Communication Services sector, and is traded under the ticker TGNA on the NYSE exchange.
Tegna stock last closed at $13.54, down 0.81% from the previous day, and has decreased 19.07% in one year. It has overperformed other stocks in the Broadcasting industry by 0.09 percentage points. Tegna stock is currently +2.73% from its 52-week low of $13.18, and -22.05% from its 52-week high of $17.37.
At the moment, there are 176.11M shares of TGNA outstanding. The market cap of TGNA is $2.38B. In the past 24 hours, 995,524 TGNA shares were traded.
How to Buy Tegna Stock
Wondering how to invest in Tegna stock? Here's how.
- Figure out where to buy Tegna stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Tegna stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Evaluate Tegna stock: The Tegna ticker symbol is TGNA. Is Tegna stock a good investment? Should you buy shares of TGNA? How do TGNA's underlying business fundamentals look? Do top analysts think Tegna is a good buy? Why has TGNA's stock price moved recently? (Hint: Our stock research tools can help you figure out if TGNA is a good stock to buy).
- Place your TGNA purchase: Decide if you will purchase TGNA shares at the current market price or use a limit order to buy TGNA stock at a specific price.
- Get key alerts regarding your TGNA investment: Create a watchlist to keep track of your position in Tegna stock.
Step 1: Figure out where to buy Tegna stock
You need an online brokerage account to access the NYSE market and buy TGNA shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy TGNA today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing funds into your new investment account.
Step 4: Evaluate Tegna stock
After you have identified the best place to buy Tegna stock, it's important to evaluate their stock before you invest, so you truly understand the risk and upside.
Tegna quick stats
Tegna Fundamentals
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TGNA's stock page.
Is TGNA stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge TGNA's intrinsic value.
Using relative valuations ratios:
- TGNA could be overvalued based on its P/E ratio of 5.91x, relative to Broadcasting industry P/E ratio of 3.03x
- TGNA could be overvalued based on its P/B ratio of 0.88x, relative to Broadcasting industry P/B ratio of 0.65x
- TGNA could be overvalued based on its PEG ratio of 2.02x
You can do additional valuation research on TGNA's stock here.
TGNA Financial Overview
Pros:
- There are more short-term assets than short-term liabilities on the TGNA balance sheet.
- Total TGNA debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- TGNA's operating cash flow of $587.25M allows it to safely service it's debt of $3.15B.
- TGNA has a relatively high debt to equity ratio of 1.58.
- There are more long-term liabilities than short-term assets on the TGNA balance sheet.
- TGNA profit margin has gone down from 19.2% to 16.4% in the past year.
- TGNA earnings of $779.83M is not sufficient to cover its interest payments.
Is it a good time to buy TGNA stock, according to Wall Street analysts?
Out of 3 Wall Street analysts who research TGNA, the consensus analyst rating on TGNA is a Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Tegna stock forecast page.
TGNA Technical Indicators
TGNA Performance Numbers
Last year, TGNA earnings were $476.72M. Over the last five year, TGNA's earnings have grown by 4.02% per year. This was faster than the Broadcasting industry average of 1.08%.
Last year, TGNA revenue was $2.91B. In the past 5 year, TGNA's revenue has gone up by 5.69% per year. This was slower than the Broadcasting industry average of 42.77%.
Dive into TGNA's earnings and revenue performance here.
Who is buying/selling TGNA?
Over the last year, executives and large shareholders at TGNA have sold more shares than they have bought.
David T. Lougee, President and CEO of TGNA, was the latest TGNA insider to sell. They sold $643,125.00 worth of TGNA stock on Apr 1, 2024.
Dig into more about who owns TGNA stock here.
Can I rely on TGNA as an income stream?
Tegna pays a dividend of 2.38%, compared to the Broadcasting industry's average dividend yield of 6.43%. If you owned $1,000 worth of TGNA stock, you would have received $23.82 in the past 12 months.
Tegna dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Tegna dividend yield and history here.
What do other investors have to say about TGNA?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your TGNA purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your TGNA investment
Now that you own some TGNA stock, you'll want to keep up with your investment.
Start a watchlist to keep tabs on your TGNA stock.
TGNA Feed
How to Buy Stock in Tegna
To reiterate, here are the 6 steps for buying Tegna stock:
- Figure out where to buy Tegna stock
- Open a brokerage account
- Put funds into your brokerage account
- Evaluate Tegna stock
- Place your TGNA purchase
- Get key alerts regarding your TGNA investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Tegna, create a watchlist today.
More "How To" Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.