Intrinsic value of TEGNA - TGNA

Previous Close

$10.87

  Intrinsic Value

$22.50

stock screener

  Rating & Target

str. buy

+107%

Previous close

$10.87

 
Intrinsic value

$22.50

 
Up/down potential

+107%

 
Rating

str. buy

We calculate the intrinsic value of TGNA stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.3

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  1,941
  1,986
  2,037
  2,094
  2,158
  2,227
  2,303
  2,385
  2,474
  2,569
  2,670
  2,778
  2,894
  3,016
  3,147
  3,284
  3,430
  3,585
  3,748
  3,920
  4,102
  4,293
  4,495
  4,708
  4,932
  5,168
  5,417
  5,678
  5,953
  6,242
Variable operating expenses, $m
  1,248
  1,268
  1,290
  1,316
  1,344
  1,375
  1,408
  1,445
  1,484
  1,526
  1,182
  1,230
  1,281
  1,335
  1,393
  1,454
  1,518
  1,587
  1,659
  1,735
  1,815
  1,900
  1,990
  2,084
  2,183
  2,287
  2,397
  2,513
  2,635
  2,763
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  1,248
  1,268
  1,290
  1,316
  1,344
  1,375
  1,408
  1,445
  1,484
  1,526
  1,182
  1,230
  1,281
  1,335
  1,393
  1,454
  1,518
  1,587
  1,659
  1,735
  1,815
  1,900
  1,990
  2,084
  2,183
  2,287
  2,397
  2,513
  2,635
  2,763
Operating income, $m
  693
  718
  746
  778
  814
  852
  895
  941
  990
  1,043
  1,488
  1,549
  1,613
  1,681
  1,754
  1,831
  1,912
  1,998
  2,089
  2,185
  2,286
  2,393
  2,506
  2,624
  2,749
  2,881
  3,019
  3,165
  3,318
  3,480
EBITDA, $m
  1,516
  1,551
  1,591
  1,636
  1,685
  1,740
  1,799
  1,863
  1,932
  2,006
  2,086
  2,170
  2,260
  2,356
  2,458
  2,566
  2,680
  2,800
  2,928
  3,062
  3,204
  3,354
  3,511
  3,678
  3,853
  4,037
  4,231
  4,435
  4,650
  4,876
Interest expense (income), $m
  225
  180
  185
  190
  197
  204
  212
  220
  230
  240
  251
  263
  276
  289
  304
  319
  335
  352
  371
  390
  410
  432
  455
  478
  504
  530
  558
  588
  619
  651
  686
Earnings before tax, $m
  513
  533
  556
  582
  610
  641
  674
  711
  750
  791
  1,225
  1,273
  1,324
  1,378
  1,435
  1,496
  1,560
  1,628
  1,699
  1,775
  1,855
  1,939
  2,027
  2,121
  2,219
  2,323
  2,432
  2,546
  2,667
  2,794
Tax expense, $m
  138
  144
  150
  157
  165
  173
  182
  192
  202
  214
  331
  344
  357
  372
  387
  404
  421
  439
  459
  479
  501
  523
  547
  573
  599
  627
  657
  688
  720
  754
Net income, $m
  374
  389
  406
  425
  445
  468
  492
  519
  547
  578
  894
  929
  966
  1,006
  1,047
  1,092
  1,139
  1,188
  1,240
  1,296
  1,354
  1,415
  1,480
  1,548
  1,620
  1,696
  1,775
  1,859
  1,947
  2,040

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  5,055
  5,171
  5,304
  5,453
  5,619
  5,800
  5,997
  6,211
  6,442
  6,689
  6,953
  7,236
  7,536
  7,855
  8,194
  8,553
  8,933
  9,335
  9,760
  10,209
  10,682
  11,181
  11,707
  12,261
  12,845
  13,459
  14,106
  14,787
  15,503
  16,256
Adjusted assets (=assets-cash), $m
  5,055
  5,171
  5,304
  5,453
  5,619
  5,800
  5,997
  6,211
  6,442
  6,689
  6,953
  7,236
  7,536
  7,855
  8,194
  8,553
  8,933
  9,335
  9,760
  10,209
  10,682
  11,181
  11,707
  12,261
  12,845
  13,459
  14,106
  14,787
  15,503
  16,256
Revenue / Adjusted assets
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
  0.384
Average production assets, $m
  4,342
  4,442
  4,556
  4,684
  4,826
  4,982
  5,152
  5,336
  5,533
  5,746
  5,973
  6,215
  6,473
  6,748
  7,039
  7,347
  7,674
  8,019
  8,384
  8,769
  9,176
  9,604
  10,056
  10,532
  11,034
  11,562
  12,117
  12,702
  13,317
  13,964
Working capital, $m
  -54
  -56
  -57
  -59
  -60
  -62
  -64
  -67
  -69
  -72
  -75
  -78
  -81
  -84
  -88
  -92
  -96
  -100
  -105
  -110
  -115
  -120
  -126
  -132
  -138
  -145
  -152
  -159
  -167
  -175
Total debt, $m
  3,079
  3,172
  3,278
  3,398
  3,530
  3,675
  3,833
  4,003
  4,187
  4,385
  4,596
  4,822
  5,062
  5,317
  5,588
  5,875
  6,178
  6,500
  6,839
  7,197
  7,575
  7,974
  8,394
  8,837
  9,303
  9,795
  10,311
  10,855
  11,427
  12,029
Total liabilities, $m
  4,039
  4,132
  4,238
  4,357
  4,489
  4,634
  4,792
  4,963
  5,147
  5,344
  5,556
  5,781
  6,021
  6,276
  6,547
  6,834
  7,138
  7,459
  7,798
  8,157
  8,535
  8,933
  9,354
  9,797
  10,263
  10,754
  11,271
  11,815
  12,387
  12,989
Total equity, $m
  1,016
  1,039
  1,066
  1,096
  1,129
  1,166
  1,205
  1,248
  1,295
  1,344
  1,398
  1,454
  1,515
  1,579
  1,647
  1,719
  1,796
  1,876
  1,962
  2,052
  2,147
  2,247
  2,353
  2,464
  2,582
  2,705
  2,835
  2,972
  3,116
  3,267
Total liabilities and equity, $m
  5,055
  5,171
  5,304
  5,453
  5,618
  5,800
  5,997
  6,211
  6,442
  6,688
  6,954
  7,235
  7,536
  7,855
  8,194
  8,553
  8,934
  9,335
  9,760
  10,209
  10,682
  11,180
  11,707
  12,261
  12,845
  13,459
  14,106
  14,787
  15,503
  16,256
Debt-to-equity ratio
  3.030
  3.050
  3.080
  3.100
  3.130
  3.150
  3.180
  3.210
  3.230
  3.260
  3.290
  3.320
  3.340
  3.370
  3.390
  3.420
  3.440
  3.460
  3.490
  3.510
  3.530
  3.550
  3.570
  3.590
  3.600
  3.620
  3.640
  3.650
  3.670
  3.680
Adjusted equity ratio
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201
  0.201

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  374
  389
  406
  425
  445
  468
  492
  519
  547
  578
  894
  929
  966
  1,006
  1,047
  1,092
  1,139
  1,188
  1,240
  1,296
  1,354
  1,415
  1,480
  1,548
  1,620
  1,696
  1,775
  1,859
  1,947
  2,040
Depreciation, amort., depletion, $m
  823
  833
  845
  857
  872
  887
  904
  923
  942
  964
  597
  622
  647
  675
  704
  735
  767
  802
  838
  877
  918
  960
  1,006
  1,053
  1,103
  1,156
  1,212
  1,270
  1,332
  1,396
Funds from operations, $m
  1,197
  1,222
  1,250
  1,282
  1,317
  1,355
  1,396
  1,441
  1,490
  1,541
  1,492
  1,551
  1,614
  1,680
  1,751
  1,826
  1,906
  1,990
  2,079
  2,173
  2,271
  2,376
  2,486
  2,601
  2,723
  2,852
  2,987
  3,129
  3,279
  3,436
Change in working capital, $m
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -3
  -3
  -3
  -3
  -3
  -4
  -4
  -4
  -4
  -5
  -5
  -5
  -5
  -6
  -6
  -6
  -7
  -7
  -7
  -8
  -8
Cash from operations, $m
  1,198
  1,224
  1,252
  1,284
  1,319
  1,357
  1,399
  1,444
  1,492
  1,544
  1,495
  1,554
  1,617
  1,684
  1,755
  1,830
  1,910
  1,994
  2,083
  2,177
  2,276
  2,381
  2,491
  2,607
  2,730
  2,858
  2,994
  3,136
  3,286
  3,444
Maintenance CAPEX, $m
  -426
  -434
  -444
  -456
  -468
  -483
  -498
  -515
  -534
  -553
  -575
  -597
  -622
  -647
  -675
  -704
  -735
  -767
  -802
  -838
  -877
  -918
  -960
  -1,006
  -1,053
  -1,103
  -1,156
  -1,212
  -1,270
  -1,332
New CAPEX, $m
  -85
  -100
  -114
  -128
  -142
  -156
  -170
  -184
  -198
  -212
  -227
  -242
  -258
  -274
  -291
  -308
  -327
  -345
  -365
  -385
  -406
  -429
  -452
  -476
  -501
  -528
  -556
  -585
  -615
  -647
Cash from investing activities, $m
  -511
  -534
  -558
  -584
  -610
  -639
  -668
  -699
  -732
  -765
  -802
  -839
  -880
  -921
  -966
  -1,012
  -1,062
  -1,112
  -1,167
  -1,223
  -1,283
  -1,347
  -1,412
  -1,482
  -1,554
  -1,631
  -1,712
  -1,797
  -1,885
  -1,979
Free cash flow, $m
  688
  690
  694
  700
  708
  718
  731
  745
  761
  778
  693
  714
  737
  762
  789
  818
  849
  882
  917
  954
  993
  1,035
  1,079
  1,126
  1,175
  1,227
  1,282
  1,340
  1,401
  1,465
Issuance/(repayment) of debt, $m
  72
  93
  106
  119
  132
  145
  158
  171
  184
  198
  211
  225
  240
  255
  271
  287
  304
  321
  339
  358
  378
  399
  420
  443
  466
  491
  517
  544
  572
  602
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  72
  93
  106
  119
  132
  145
  158
  171
  184
  198
  211
  225
  240
  255
  271
  287
  304
  321
  339
  358
  378
  399
  420
  443
  466
  491
  517
  544
  572
  602
Total cash flow (excl. dividends), $m
  759
  782
  800
  819
  840
  863
  888
  916
  945
  976
  904
  940
  977
  1,017
  1,060
  1,105
  1,152
  1,203
  1,256
  1,312
  1,371
  1,434
  1,499
  1,568
  1,641
  1,718
  1,799
  1,884
  1,973
  2,067
Retained Cash Flow (-), $m
  -21
  -23
  -27
  -30
  -33
  -36
  -40
  -43
  -46
  -50
  -53
  -57
  -60
  -64
  -68
  -72
  -76
  -81
  -85
  -90
  -95
  -100
  -106
  -111
  -117
  -124
  -130
  -137
  -144
  -151
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  17
  17
  18
  18
  19
  19
  20
  21
  21
  22
  23
  24
  25
  26
  27
  28
  30
  31
  32
  34
  35
  37
  39
  40
  42
  44
  47
  49
  51
  54
Cash available for distribution, $m
  738
  759
  773
  789
  807
  827
  849
  873
  898
  926
  851
  883
  917
  953
  992
  1,033
  1,076
  1,122
  1,171
  1,222
  1,276
  1,333
  1,394
  1,457
  1,524
  1,595
  1,669
  1,747
  1,829
  1,916
Discount rate, %
  10.60
  11.13
  11.69
  12.27
  12.88
  13.53
  14.21
  14.92
  15.66
  16.44
  17.27
  18.13
  19.04
  19.99
  20.99
  22.04
  23.14
  24.30
  25.51
  26.79
  28.12
  29.53
  31.01
  32.56
  34.19
  35.90
  37.69
  39.57
  41.55
  43.63
PV of cash for distribution, $m
  667
  615
  555
  497
  440
  386
  335
  287
  243
  202
  148
  120
  95
  74
  57
  43
  31
  22
  16
  11
  7
  4
  3
  2
  1
  1
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Tegna Inc. has a portfolio of media and digital businesses that provide content. The Company's segments include TEGNA Media (Media) and TEGNA Digital (Digital). As of December 31, 2016, its media business included 46 television stations operating in 38 markets and offered television programming and digital content. Its Media segment includes core advertising, including local and national non-political advertising; political advertising during elections; retransmission that represents satellite and cable networks, and telecommunications companies to carry its television signals; digital that includes digital marketing services and advertising on the stations' Websites, tablet and mobile products, and other services. Its Digital business segment includes G/O Digital and Cofactor.

FINANCIAL RATIOS  of  TEGNA (TGNA)

Valuation Ratios
P/E Ratio 5.3
Price to Sales 0.7
Price to Book 1
Price to Tangible Book
Price to Cash Flow 3.4
Price to Free Cash Flow 4
Growth Rates
Sales Growth Rate 9.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -20.2%
Cap. Spend. - 3 Yr. Gr. Rate -2.9%
Financial Strength
Quick Ratio 16
Current Ratio 0.5
LT Debt to Equity 178%
Total Debt to Equity 178%
Interest Coverage 4
Management Effectiveness
Return On Assets 7%
Ret/ On Assets - 3 Yr. Avg. 8.5%
Return On Total Capital 6.9%
Ret/ On T. Cap. - 3 Yr. Avg. 9.5%
Return On Equity 19.6%
Return On Equity - 3 Yr. Avg. 24.1%
Asset Turnover 0.4
Profitability Ratios
Gross Margin 68.9%
Gross Margin - 3 Yr. Avg. 67.4%
EBITDA Margin 34.2%
EBITDA Margin - 3 Yr. Avg. 43%
Operating Margin 29.1%
Oper. Margin - 3 Yr. Avg. 28.6%
Pre-Tax Margin 21.3%
Pre-Tax Margin - 3 Yr. Avg. 26.5%
Net Profit Margin 13.1%
Net Profit Margin - 3 Yr. Avg. 22.9%
Effective Tax Rate 30.5%
Eff/ Tax Rate - 3 Yr. Avg. 28.9%
Payout Ratio 27.9%

TGNA stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TGNA stock intrinsic value calculation we used $1903 million for the last fiscal year's total revenue generated by TEGNA. The default revenue input number comes from 2017 income statement of TEGNA. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TGNA stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 10.6%, whose default value for TGNA is calculated based on our internal credit rating of TEGNA, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of TEGNA.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TGNA stock the variable cost ratio is equal to 64.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for TGNA stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 6% for TEGNA.

Corporate tax rate of 27% is the nominal tax rate for TEGNA. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TGNA stock is equal to 0.9%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TGNA are equal to 223.7%.

Life of production assets of 10 years is the average useful life of capital assets used in TEGNA operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TGNA is equal to -2.8%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $995 million for TEGNA - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 216 million for TEGNA is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of TEGNA at the current share price and the inputted number of shares is $2.3 billion.

RELATED COMPANIES Price Int.Val. Rating
NEWM New Media Inve 18.79 7.10  str.sell
LEE Lee Enterprise 3.10 2.07  hold
AHC A. H. Belo Ser 4.45 0.91  str.sell
NYT New York Times 25.75 6.70  str.sell
TRNC tronc 16.45 20.78  buy

COMPANY NEWS

▶ Leader at Denver's KUSA-9News takes new role at Texas station   [Jul-10-18 05:45PM  American City Business Journals]
▶ KHOUs next president and general manager selected   [01:55PM  American City Business Journals]
▶ TEGNA Launches Commerce Brand DEALBOSS   [Jun-28-18 11:00AM  Business Wire]
▶ Can TEGNA Inc (NYSE:TGNA) Continue To Outperform Its Industry?   [Jun-24-18 10:27AM  Simply Wall St.]
▶ Derek Jeter-backed Whistle Sports scores over $28 million in funding   [Jun-21-18 10:14AM  American City Business Journals]
▶ Eight Stocks That Are Poised to Change Direction   [Jun-18-18 03:00PM  TheStreet.com]
▶ [$$] Fading local press raises fears for city democracy   [Jun-05-18 11:00PM  Financial Times]
▶ TEGNA Foundation Announces First Round of 2018 Media Grants   [May-15-18 11:55AM  Business Wire]
▶ I'm Taking a Flier on Boeing Shares   [May-10-18 01:34PM  Kiplinger]
▶ TEGNA Inc. Reports 2018 First Quarter Results   [May-08-18 07:30AM  Business Wire]
▶ TEGNA Wins 83 Regional Edward R. Murrow Awards   [Apr-25-18 02:15PM  Business Wire]
▶ TEGNA Announces Quarterly Dividend   [01:41PM  Business Wire]
▶ TEGNA Names Kurt Rao Chief Technology Officer   [Apr-10-18 09:00AM  Business Wire]
▶ Top Ranked Value Stocks to Buy for March 6th   [Mar-06-18 08:36AM  Zacks]
▶ TEGNA Announces Quarterly Dividend   [Feb-22-18 03:48PM  Business Wire]
▶ KARE 11 Announces New Anchor Assignments   [Feb-19-18 10:30AM  GlobeNewswire]
▶ See the D.C.-area stocks hit hardest in the last week   [10:22AM  American City Business Journals]
▶ Tegna, Sony Pictures TV sign distribution deal   [Jan-16-18 05:45PM  American City Business Journals]
▶ [$$] Video Platform Vizbee Raises $5 Million Series A   [Dec-28-17 12:21AM  The Wall Street Journal]
▶ Cars.com Surges on Word of Starboard Values Stake   [Dec-20-17 09:30AM  Investopedia]
▶ Tegna buys San Diego's KFMB-TV, radio stations for $325M   [Dec-19-17 01:02PM  Associated Press]
▶ Tegna enters its second California TV market with $325M purchase   [10:19AM  American City Business Journals]
▶ Will value take the markets to the next milestone?   [Nov-30-17 04:20PM  CNBC Videos]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.