TEGNA (NYSE: TGNA) is one of 15 public companies in the “Television Broadcasting” industry, but how does it weigh in compared to its rivals? We will compare TEGNA to similar businesses based on the strength of its earnings, institutional ownership, valuation, analyst recommendations, dividends, profitability and risk.

Profitability

This table compares TEGNA and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TEGNA 11.10% 20.50% 4.93%
TEGNA Competitors 11.20% 95.07% 6.14%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for TEGNA and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TEGNA 1 6 4 0 2.27
TEGNA Competitors 85 548 499 4 2.37

TEGNA presently has a consensus price target of $18.44, suggesting a potential upside of 51.18%. As a group, “Television Broadcasting” companies have a potential upside of 23.52%. Given TEGNA’s higher possible upside, equities analysts clearly believe TEGNA is more favorable than its rivals.

Earnings and Valuation

This table compares TEGNA and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
TEGNA $3.34 billion $436.69 million 7.87
TEGNA Competitors $3.48 billion $571.33 million 40.15

TEGNA’s rivals have higher revenue and earnings than TEGNA. TEGNA is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

TEGNA has a beta of 1.54, suggesting that its share price is 54% more volatile than the S&P 500. Comparatively, TEGNA’s rivals have a beta of 1.56, suggesting that their average share price is 56% more volatile than the S&P 500.

Dividends

TEGNA pays an annual dividend of $0.28 per share and has a dividend yield of 2.3%. TEGNA pays out 18.1% of its earnings in the form of a dividend. As a group, “Television Broadcasting” companies pay a dividend yield of 1.6% and pay out 23.6% of their earnings in the form of a dividend. TEGNA is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Institutional & Insider Ownership

97.8% of TEGNA shares are held by institutional investors. Comparatively, 69.0% of shares of all “Television Broadcasting” companies are held by institutional investors. 0.8% of TEGNA shares are held by insiders. Comparatively, 8.2% of shares of all “Television Broadcasting” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

TEGNA rivals beat TEGNA on 11 of the 15 factors compared.

About TEGNA

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.

Receive News & Stock Ratings for TEGNA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TEGNA Inc. and related stocks with our FREE daily email newsletter.