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

Sign in or create an account to add this stock to your watchlist.
$9.92 +0.13 (+1.33 %)
(As of 09/18/2018 04:00 PM ET)
Previous Close$9.79
Today's Range$9.78 - $9.95
52-Week Range$7.94 - $12.38
Volume420,600 shs
Average Volume1.15 million shs
Market Capitalization$1.11 billion
P/E Ratio9.56
Dividend Yield6.54%
Beta0.92
Gannett logoGannett 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.

Receive GCI News and Ratings via Email

Sign-up to receive the latest news and ratings for GCI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.30
Current Ratio1.22
Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio9.56
Forward P/E Ratio9.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.36
Cash Flow$2.8182 per share
Price / Cash3.52
Book Value$9.10 per share
Price / Book1.09

Profitability

EPS (Most Recent Fiscal Year)$1.03
Net Income$6.88 million
Net Margins0.83%
Return on Equity13.14%
Return on Assets5.11%

Miscellaneous

Employees15,300
Outstanding Shares113,000,000
Market Cap$1.11 billion

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, 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.

How will Gannett's stock buyback program work?

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.

How were Gannett's earnings last quarter?

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.

When is Gannett's next earnings date?

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

What price target have analysts set for GCI?

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.

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.

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)

Has Gannett been receiving favorable news coverage?

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.

Who are Gannett's major shareholders?

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.

Which major investors are selling Gannett stock?

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.

Which major investors are buying Gannett stock?

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.

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 $9.92.

How big of a company is Gannett?

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.

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:  172 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  354
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 9/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel