TGNA Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TGNA, the dividend discount model StockNews created for the company implies a positive return of 15.33%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Tegna Inc are:

• Beta, a measure of volatility relative to the stock market overall, is lower for TGNA than it is for 90.28% of other equities in the Consumer Cyclical sector that also issue dividends.
• In terms of who is growing the amount of dividends they return to shareholders, TGNA boasts a higher growth rate in terms of its annual cash distributed to its owners than 3.85% of the dividend issuers in our set.
• In comparison to its fellow dividend issuing stocks in the Consumer Cyclical sector, Tegna Inc has an equity discount rate lower than 90.97% of them.

TGNA Dividends vs. Peers