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

Sign in or create an account to add this stock to your watchlist.
$11.07 +0.08 (+0.73 %)
(As of 01/23/2019 12:55 PM ET)
Previous Close$10.99
Today's Range$10.96 - $11.19
52-Week Range$8.37 - $12.23
Volume27,649 shs
Average Volume1.96 million shs
Market Capitalization$1.25 billion
P/E Ratio10.76
Dividend Yield5.69%
Beta1.01
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.

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

Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone703-854-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 billion
Cash Flow$2.7401 per share
Book Value$9.10 per share

Profitability

Net Income$6.88 million

Miscellaneous

Employees15,300
Market Cap$1.25 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 declared a quarterly dividend on Wednesday, October 17th. Shareholders of record on Monday, December 10th will be given a dividend of $0.16 per share on Monday, December 24th. This represents a $0.64 annualized dividend and a yield of 5.78%. 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 has authorized a share repurchase program on Tuesday, May 8th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) issued its quarterly earnings data on Thursday, November, 8th. The company reported $0.20 EPS for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.03. The firm 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%. The business's revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 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 Tuesday, February 19th 2019. View Earnings Estimates for Gannett.

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

Gannett issued an update on 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 brokerages have issued twelve-month price objectives for Gannett's stock. Their predictions range from $10.00 to $15.00. On average, they expect Gannett's share price to reach $12.50 in the next year. This suggests a possible upside of 12.8% 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 headlines about GCI stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gannett earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock'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 institutional and retail investors. Top institutional shareholders include North Star Investment Management Corp. (0.35%), Bowling Portfolio Management LLC (0.15%), Bank of Montreal Can (0.12%), Nisa Investment Advisors LLC (0.11%), James Investment Research Inc. (0.10%) and Alpha Windward LLC (0.04%). 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 James Investment Research Inc., Meeder Asset Management Inc., North Star Investment Management Corp., Nisa Investment Advisors LLC, Louisiana State Employees Retirement System and Alpha Windward LLC. 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 Bank of Montreal Can, Bowling Portfolio Management LLC and Trilogy Capital Inc.. 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 $11.08.

How big of a company is Gannett?

Gannett has a market capitalization of $1.25 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:  2.5 out of 5 (star star half star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  394
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 1/23/2019 by MarketBeat.com Staff

Featured Article: What is the quiet period?

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