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

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$9.80 +0.04 (+0.41 %)
(As of 11/19/2018 12:44 PM ET)
Previous Close$9.76
Today's Range$9.73 - $9.86
52-Week Range$9.04 - $12.38
Volume19,142 shs
Average Volume1.43 million shs
Market Capitalization$1.10 billion
P/E Ratio9.53
Dividend Yield6.56%
Beta0.83
Gannett Co., Inc. operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. The company offers print and digital daily and non-daily publications under the USA TODAY NETWORK brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 170 news brands and 80 magazines in the United Kingdom. Gannett Co., Inc. operations comprise 130 daily publications and digital platforms the United States and the United Kingdom; and 435 non-daily publications in the United States and 159 such titles in the United Kingdom. It also provides commercial printing, distribution, marketing, and data services; and owns s1 and Exchange & Mart businesses, and a specialist magazine business. In addition, the company offers digital marketing solutions comprising ReachSearch, ReachDisplay, ReachSocial Ads, and ReachRetargeting digital advertising solutions; ReachSite+ReachEdge, ReachSEO, ReachCast, ReachListings, and TotalLiveChat Web presence solutions; and ReachEdge, a marketing automation platform, as well as Kickserv, a cloud-based business management software for service businesses. The company offers its suite of products and solutions to local businesses through its proprietary technology platform, its sales force, and third-party agencies and resellers. It also operates in Canada, Australia, New Zealand, Japan, Germany, Austria, Brazil, and Mexico. The company was formerly known as Gannett SpinCo, Inc. and changed its name to Gannett Co., Inc. in May 2015. Gannett Co., Inc. was incorporated in 2014 and is headquartered in McLean, Virginia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNYSE:GCI
Previous Symbol
CUSIPN/A
Phone703-854-6000

Debt

Debt-to-Equity Ratio0.30
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio9.53
Forward P/E Ratio8.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.35
Cash Flow$2.7920 per share
Price / Cash3.51
Book Value$9.10 per share
Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$1.03
Net Income$6.88 million
Net Margins0.52%
Return on Equity12.75%
Return on Assets5.37%

Miscellaneous

Employees15,300
Outstanding Shares113,110,000
Market Cap$1.10 billion
OptionableOptionable

Gannett (NYSE:GCI) Frequently Asked Questions

What is Gannett's stock symbol?

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

How often does Gannett pay dividends? What is the dividend yield for Gannett?

Gannett announced a quarterly dividend on Wednesday, October 17th. Shareholders of record on Monday, December 10th will be paid a dividend of $0.16 per share on Monday, December 24th. This represents a $0.64 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Friday, December 7th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett announced that its Board of Directors has authorized a share repurchase program on Tuesday, May 8th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 8.1% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) announced its earnings results on Thursday, November, 8th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.17 by $0.03. The business earned $711.70 million during the quarter, compared to analysts' expectations of $723.60 million. Gannett had a net margin of 0.52% and a return on equity of 12.75%. Gannett's revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.17 EPS. View Gannett's Earnings History.

When is Gannett's next earnings date?

Gannett is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Gannett.

What guidance has Gannett issued on next quarter's earnings?

Gannett updated its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.9-2.94 billion, compared to the consensus revenue estimate of $2.96 billion.

What price target have analysts set for GCI?

2 analysts have issued 1 year price targets for Gannett's shares. Their forecasts range from $10.00 to $15.00. On average, they anticipate Gannett's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for Gannett.

What is the consensus analysts' recommendation 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.

Has Gannett been receiving favorable news coverage?

News articles about GCI stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gannett earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Gannett's key competitors?

Who are Gannett's key executives?

Gannett's management team includes the folowing people:
  • Mr. Robert J. Dickey, Pres & CEO (Age 61)
  • Ms. Alison K. Engel, Sr. VP, Treasurer & CFO (Age 47)
  • Ms. Barbara W. Wall, Sr. VP & Chief Legal Officer (Age 63)
  • Ms. Sharon T. Rowlands, Pres of USA Today Network Marketing Solutions & CEO of Reachlocal (Age 59)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 55)

Who are Gannett's major shareholders?

Gannett's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.32%), Dimensional Fund Advisors LP (8.40%), Capital International Investors (7.68%), LSV Asset Management (4.58%), JPMorgan Chase & Co. (3.45%) and JPMorgan Chase & Co. (3.44%). Company insiders that own Gannett stock include Alison K Engel, Andrew T Yost, Barbara W Wall, John M Zidich, Robert J Dickey and Walker Henry K Faure. View Institutional Ownership Trends for Gannett.

Which institutional investors are selling Gannett stock?

GCI stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Acadian Asset Management LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Alambic Investment Management L.P., Alliancebernstein L.P., Credit Suisse AG and Bank of Montreal Can. 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.

Which institutional investors are buying Gannett stock?

GCI stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, BlackRock Inc., Jefferies Group LLC, Point72 Asset Management L.P., Connor Clark & Lunn Investment Management Ltd., Heartland Advisors Inc., Dimensional Fund Advisors LP and Man Group plc. View Insider Buying and Selling for Gannett.

How do I buy shares of 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.

What is Gannett's stock price today?

One share of GCI stock can currently be purchased for approximately $9.78.

How big of a company is Gannett?

Gannett has a market capitalization of $1.10 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.

What is Gannett's official website?

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

How can I contact Gannett?

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]


MarketBeat Community Rating for Gannett (NYSE GCI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  378
MarketBeat's community ratings are surveys of what our community members think about Gannett and other stocks. Vote "Outperform" if you believe GCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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