NYSE:GCI - Gannett Stock Price, Forecast & News

Gannett trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCI."

Gannett announced a quarterly dividend on Wednesday, October 16th. Investors of record on Friday, November 1st will be given a dividend of $0.16 per share on Tuesday, November 12th. This represents a $0.64 annualized dividend and a dividend yield of 10.63%. The ex-dividend date of this dividend is Thursday, October 31st. View Gannett's Dividend History.

Gannett announced that its Board of Directors has approved a stock repurchase plan on Tuesday, May 8th 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) issued its quarterly earnings results on Monday, November, 4th. The company reported $0.12 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.09. The company had revenue of $635.60 million for the quarter, compared to analyst estimates of $670.56 million. Gannett had a negative net margin of 0.73% and a positive return on equity of 0.17%. Gannett's revenue was down 10.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 EPS. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Gannett.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gannett.

News headlines about GCI stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gannett earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Gannett.

Gannett saw a decrease in short interest in October. As of October 31st, there was short interest totalling 16,850,000 shares, a decrease of 18.1% from the September 30th total of 20,580,000 shares. Based on an average daily trading volume, of 1,670,000 shares, the days-to-cover ratio is currently 10.1 days. Currently, 14.8% of the shares of the company are short sold. View Gannett's Current Options Chain.

Some companies that are related to Gannett include Tribune Publishing (TPCO), Daily Journal (DJCO), New Media Investment Group (NEWM), Lee Enterprises (LEE), A. H. Belo (AHC) and Rediff.com India (REDFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include TEGNA (TGNA), CA (CA), BlackRock (BLK), Energy Transfer LP Unit (ET), Ford Motor (F), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Chesapeake Energy (CHK) and AGNC Investment (AGNC).

Gannett's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (6.05%), ARP Americas LP (2.22%), Rhumbline Advisers (0.32%), First Trust Advisors LP (0.20%), California Public Employees Retirement System (0.18%) and Russell Investments Group Ltd. (0.15%). Company insiders that own Gannett stock include Alison K Engel, Andrew T Yost, Barbara W Wall, John M Zidich, Maria M Miller, Robert J Dickey and Walker Henry K Faure. View Institutional Ownership Trends for Gannett.

GCI stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Municipal Employees Retirement System of Michigan, Voya Investment Management LLC, Nisa Investment Advisors LLC, Squarepoint Ops LLC, Janney Montgomery Scott LLC, Commonwealth Equity Services LLC and Mission Wealth Management LP. View Insider Buying and Selling for Gannett.

GCI stock was acquired by a variety of institutional investors in the last quarter, including ARP Americas LP, GABELLI & Co INVESTMENT ADVISERS INC., Russell Investments Group Ltd., Dupont Capital Management Corp, Gabelli Funds LLC, Havens Advisors LLC, First Trust Advisors LP and 6 Meridian. Company insiders that have bought Gannett stock in the last two years include Alison K Engel and Maria M Miller. View Insider Buying and Selling for Gannett.

Shares of GCI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GCI stock can currently be purchased for approximately $6.02.

Gannett has a market capitalization of $364.10 million and generates $1.53 billion in revenue each year. Gannett employs 10,638 workers across the globe.View Additional Information About Gannett.

The official website for Gannett is http://www.newmediainv.com/.

Gannett's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The company can be reached via phone at 212-479-3160 or via email at [email protected]