Tegna traded at $20.83 this Friday February 20th, decreasing $0.04 or 0.19 percent since the previous trading session. Looking back, over the last four weeks, Tegna lost 9.86 percent. Over the last 12 months, its price rose by 16.83 percent. Looking ahead, we forecast Tegna to be priced at 20.18 by the end of this quarter and at 18.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tegna Inc. is a media company. The Company provides stories, investigations and marketing services. It operates approximately 64 television stations in over 51 United States markets and owns four network affiliates in approximately 25 markets among independent station groups, reaching approximately 39 % of all television households nationwide. The Company also owns multicast networks, including True Crime Network and Quest. It also offers TEGNA Marketing Solutions (TMS) solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, its OTT advertising service. The Company provides local and national partners custom campaigns through TMS. Its digital marketing services (DMS) business is a one-stop shop for local businesses to connect with consumers through digital marketing. Its Premion is an advertising platform that places advertisements alongside long-form (full-episode) and live streaming content across networks.