Event-Driven Stocks

TEGNA INC

TGNA

Communication Services · Television Broadcasting Stations · DE · SEC filings ↗ · Compare ⊕

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Signs4 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$2.71B$3.10B$2.91B$3.28B$2.99B$2.94B
Operating income$443.0M$784.8M$733.5M$990.6M$802.2M$871.0M
Net income$219.9M$599.8M$476.7M$630.5M$477.0M$482.8M
Total assets$6.87B$7.33B$7.00B$7.33B$6.92B$6.85B
Total liabilities$3.72B$4.30B$4.28B$4.24B$4.38B$4.78B
Equity$3.16B$3.00B$2.70B$3.07B$2.52B$2.06B
EPS (diluted)$1.34$3.53$2.28$2.81$2.14$2.19
Shares out.159.9M176.1M223.6M221.5M219.7M217.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
16.3%
Net margin
8.1%
Return on equity
7.0%
Return on assets
3.2%
Return on capital (ROCE)
6.9%
Liabilities / assets
54.1%
Debt / equity
1.18×
Book value / share
$19.74
Revenue growth (YoY)
−12.6%
Net income growth (YoY)
−63.3%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
3.35safe
Accruals / assets
1.5%clean
Beneish M-Score
-2.40normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 warning4 good
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
0 acquisitions9 disposalsnet 649,124.387 shares · last 9
InsiderDateTypeSharesPrice
Epstein Stuart J.DirectorMar 19, 2026D65,221.502$22.00
Mccune Scott KDirectorMar 19, 2026D91,216.502$22.00
Shapiro NealDirectorMar 19, 2026D43,372.6$22.00
Steib Michael FOfficer — President and CEOMar 19, 2026D192,392.02$22.00
Witmer MelindaDirectorMar 19, 2026D59,705.447$22.00
Heskett JulieOfficer — SVP and CFOMar 19, 2026D117,227.774$22.00
Elias Howard DDirectorMar 19, 2026D20,725.6$22.00
Bianchini Gina LDirectorMar 19, 2026D51,032.112$22.00
West DenmarkDirectorMar 19, 2026D8,230.83$22.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 13, 20269.6M3.2+0.2%
Feb 27, 20269.5M6.2+16.9%
Feb 13, 20268.2M3.4-1.4%
Jan 30, 20268.3M8.2-9.1%
Jan 15, 20269.1M6.9-12.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spin-offs from TEGNA INC (1)

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.