NYSE:GCI - Gannett Stock Price, News, & Analysis

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

Gannett announced a quarterly dividend on Wednesday, July 25th. Stockholders of record on Monday, September 10th will be paid a dividend of $0.16 per share on Monday, September 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date is Friday, September 7th. View Gannett's Dividend History.

Gannett announced that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 8th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 8.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) posted its earnings results on Thursday, August, 9th. The company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.10. The business had revenue of $730.77 million for the quarter, compared to analyst estimates of $739.17 million. Gannett had a net margin of 0.83% and a return on equity of 13.14%. Gannett's quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.18 earnings per share. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Gannett.

2 brokers have issued 12 month price targets for Gannett's stock. Their forecasts range from $10.00 to $15.00. On average, they anticipate Gannett's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Gannett.

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

Some companies that are related to Gannett include New York Times Co Class A (NYT), New Media Investment Group (NEWM), tronc (TRNC), Daily Journal (DJCO), Lee Enterprises (LEE), TheStreet (TST), A. H. Belo Corp (Pre-Reincorporation) (AHC) and Rediff.com India (REDFY).

Media stories about GCI stock have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gannett earned a daily sentiment score of 0.18 on Accern's scale. They also gave media coverage about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Gannett.

Gannett's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.83%), Dimensional Fund Advisors LP (8.17%), LSV Asset Management (4.48%), Bank of New York Mellon Corp (2.80%), Bank of New York Mellon Corp (2.80%) and Robeco Institutional Asset Management B.V. (2.03%). Company insiders that own Gannett stock include Alison K Engel, Andrew T Yost, Barbara W Wall, John Jeffry Louis, John M Zidich, 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 Advisors Asset Management Inc., Alambic Investment Management L.P., Schroder Investment Management Group, Schroder Investment Management Group, California Public Employees Retirement System, Spark Investment Management LLC, Renaissance Technologies LLC and Newport Trust Co. Company insiders that have sold Gannett company stock in the last year include Andrew T Yost, Barbara W Wall, John M Zidich, Robert J Dickey and Walker Henry K Faure. View Insider Buying and Selling for Gannett.

GCI stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Millennium Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, LSV Asset Management, North Star Investment Management Corp., Chicago Equity Partners LLC and Wells Fargo & Company MN. Company insiders that have bought Gannett stock in the last two years include Alison K Engel and John Jeffry Louis. 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, Scottrade, Fidelity and Charles Schwab.

One share of GCI stock can currently be purchased for approximately $9.92.

Gannett has a market capitalization of $1.11 billion and generates $3.15 billion in revenue each year. The company earns $6.88 million in net income (profit) each year or $1.03 on an earnings per share basis. Gannett employs 15,300 workers across the globe.

Gannett's mailing address is 7950 JONES BRANCH DRIVE, MCLEAN VA, 22107. The company can be reached via phone at 703-854-6000 or via email at [email protected]