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NYSE:GCI - Gannett Stock Price, Forecast & News

$6.02
-0.15 (-2.43 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$6.01
Now: $6.02
$6.28
50-Day Range
$6.03
MA: $9.15
$11.24
52-Week Range
$6.01
Now: $6.02
$14.11
Volume3.02 million shs
Average Volume1.10 million shs
Market Capitalization$364.10 million
P/E Ratio212.00
Dividend Yield24.64%
Beta1
Gannett Co, Inc operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. It 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 150 news brands and 150 magazines in the United Kingdom. Read More…

Industry, Sector and Symbol

Industry Newspapers
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone212-479-3160

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$1.69 per share
Book Value$11.90 per share

Profitability

Net Income$18.20 million

Miscellaneous

Employees10,638
Market Cap$364.10 million
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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 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.

How will Gannett's stock buyback program work?

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.

How were Gannett's earnings last quarter?

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.

When is Gannett's next earnings date?

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

What is the consensus analysts' recommendation 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.

Has Gannett been receiving favorable news coverage?

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.

Are investors shorting 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.

Who are some of Gannett's key competitors?

What other stocks do shareholders of Gannett own?

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).

Who are Gannett's key executives?

Gannett's management team includes the folowing people:
  • Mr. Robert J. Dickey, Pres, CEO & Director (Age 62)
  • Ms. Alison K. Engel, Sr. VP, CFO & Treasurer (Age 48)
  • Ms. Barbara W. Wall, Sr. VP, Interim COO & Chief Legal Officer (Age 64)
  • Ms. Maribel Perez Wadsworth, Pres of USA Today Network & Publisher of USA Today (Age 46)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 56)

Who are Gannett's major shareholders?

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.

Which institutional investors are selling Gannett stock?

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.

Which institutional investors are buying Gannett stock?

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.

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, Robinhood, Fidelity and Charles Schwab.

What is Gannett's stock price today?

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

How big of a company is Gannett?

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.

What is Gannett's official website?

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

How can I contact Gannett?

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]


MarketBeat Community Rating for Gannett (NYSE GCI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  462
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 12/7/2019 by MarketBeat.com Staff

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