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

Institutional & Insider Ownership

99.3% of TEGNA shares are owned by institutional investors. Comparatively, 68.9% of shares of all “Television Broadcasting” companies are owned by institutional investors. 0.8% of TEGNA shares are owned by insiders. Comparatively, 8.2% of shares of all “Television Broadcasting” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Volatility & Risk

TEGNA has a beta of 1.69, meaning that its share price is 69% more volatile than the S&P 500. Comparatively, TEGNA’s peers have a beta of 1.58, meaning that their average share price is 58% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and price targets for TEGNA and its peers, as provided by MarketBeat.com.

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 currently has a consensus target price of $18.44, suggesting a potential upside of 42.10%. As a group, “Television Broadcasting” companies have a potential upside of 19.98%. Given TEGNA’s higher probable upside, analysts clearly believe TEGNA is more favorable than its peers.

Dividends

TEGNA pays an annual dividend of $0.28 per share and has a dividend yield of 2.2%. TEGNA pays out 20.9% of its earnings in the form of a dividend. As a group, “Television Broadcasting” companies pay a dividend yield of 1.5% and pay out 24.0% of their earnings in the form of a dividend. TEGNA is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Profitability

This table compares TEGNA and its peers’ 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 10.94% 94.09% 5.95%

Earnings & Valuation

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

Gross Revenue NetIncome Price/Earnings Ratio
TEGNA $3.34 billion $436.69 million 9.69
TEGNA Competitors $3.48 billion $571.33 million 42.99

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

Summary

TEGNA peers beat TEGNA on 9 of the 15 factors compared.

TEGNA Company Profile

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.

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