NYSE:GCI Gannett (GCI) Stock Forecast, Price & News $2.06 +0.06 (+3.01%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$1.91▼$2.1850-Day Range$1.65▼$2.2952-Week Range$1.25▼$3.82Volume5.36 million shsAverage Volume1.05 million shsMarket Capitalization$306.22 millionP/E RatioN/ADividend YieldN/APrice Target$1.70 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Gannett MarketRank™ ForecastAnalyst RatingReduce1.00 Rating ScoreUpside/Downside17.3% Downside$1.70 Price TargetShort InterestBearish9.48% of Shares Sold ShortDividend StrengthN/ASustainability-0.91Upright™ Environmental ScoreNews Sentiment-0.16Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.81 out of 5 starsBusiness Services Sector321st out of 322 stocksNewspapers Industry3rd out of 3 stocks 0.5 Analyst's Opinion Consensus RatingGannett has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.70, Gannett has a forecasted downside of 17.3% from its current price of $2.06.Amount of Analyst CoverageGannett has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.48% of the outstanding shares of Gannett have been sold short.Short Interest Ratio / Days to CoverGannett has a short interest ratio ("days to cover") of 14.4, which indicates bearish sentiment.Change versus previous monthShort interest in Gannett has recently increased by 1.88%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldGannett does not currently pay a dividend.Dividend GrowthGannett does not have a long track record of dividend growth. Previous Next 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGannett has received a 52.20% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Printed news magazine", "Online news magazines", and "Online tabloid magazines" products. See details.Environmental SustainabilityThe Environmental Impact score for Gannett is -0.91. Previous Next 1.0 News and Social Media Coverage News SentimentGannett has a news sentiment score of -0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Gannett this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gannett insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.30% of the stock of Gannett is held by insiders.Percentage Held by Institutions68.38% of the stock of Gannett is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gannett is -3.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Gannett is -3.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGannett has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gannett (NYSE:GCI) StockGannett Media Corp. provided media and marketing solutions. The company was founded on November 21, 2014 and headquartered in McLean, VA.Read More Receive GCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gannett and its competitors with MarketBeat's FREE daily newsletter. Email Address GCI Stock News HeadlinesJune 5, 2023 | bizjournals.comArizona Republic, other Gannett newsrooms stage walkout to protest leadership of CEO ReedJune 5, 2023 | msn.comNo news is not good: Retirees are filling the news hole where local papers have shut downJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...June 5, 2023 | bizjournals.comGannett newsrooms plan walkout to protest leadership of CEO ReedJune 2, 2023 | bizjournals.comJournal Sentinel news staff not participating in Gannett walkoutJune 2, 2023 | finance.yahoo.comTerence Samuel Appointed USA TODAY Editor in ChiefJune 1, 2023 | msn.comJournalists to strike Monday at Gannett, the largest U.S. newspaper chainMay 18, 2023 | americanbankingnews.comGannett (NYSE:GCI) Research Coverage Started at StockNews.comJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 17, 2023 | bizjournals.comAustin American-Statesman reporters prepare to strikeMay 17, 2023 | msn.comGannett Co's Return on Invested Capital InsightsMay 16, 2023 | finance.yahoo.comUSA TODAY Sports Media Group and National Women’s Soccer League Announce Media AgreementMay 15, 2023 | marketwatch.comTrend Tracker for Gannett Co Inc $GCIMay 9, 2023 | finance.yahoo.comGannett to Present at the 18th Annual Needham Technology & Media ConferenceMay 4, 2023 | finance.yahoo.comGannett Announces First Quarter 2023 Results and Raises Full Year OutlookApril 21, 2023 | finance.yahoo.comHere’s Why Gannett Co (GCI) Declined in Q1April 20, 2023 | finance.yahoo.comGannett Schedules First Quarter 2023 ResultsApril 16, 2023 | marketwatch.comGannett Co Inc ($GCI) Trading ReportApril 14, 2023 | seekingalpha.comGCI Gannett Co., Inc.March 31, 2023 | americanbankingnews.comGannett (NYSE:GCI) PT Lowered to $1.70 at CitigroupMarch 17, 2023 | finance.yahoo.comUSA TODAY Announces the 2023 Women of the YearMarch 6, 2023 | finance.yahoo.comKristin Roberts Joins Gannett as Chief Content OfficerFebruary 23, 2023 | finance.yahoo.comGannett sees profitable quarter after a year of cost-cutting. This is what it says for 2023.February 23, 2023 | finance.yahoo.comGannett Announces Fourth Quarter 2022 ResultsFebruary 23, 2023 | finance.yahoo.comUSA Today parent Gannett swings to a profitFebruary 23, 2023 | finance.yahoo.comWhy Gannett Stock Soared 18% TodayFebruary 13, 2023 | finance.yahoo.comThe Farmer’s Dog Wins USA TODAY’s 35th Annual Ad Meter CompetitionSee More Headlines GCI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GCI Company Calendar Last Earnings5/04/2023Today6/06/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Newspapers Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:GCI CUSIPN/A CIK1635718 Webwww.newmediainv.com Phone703-854-6000FaxN/AEmployees11,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.70 High Stock Price Forecast$1.70 Low Stock Price Forecast$1.70 Forecasted Upside/Downside-17.3%Consensus RatingReduce Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.54) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-78,000,000.00 Net Margins-2.26% Pretax Margin-2.56% Return on Equity23.21% Return on Assets3.27% Debt Debt-to-Equity Ratio3.34 Current Ratio0.81 Quick Ratio0.73 Sales & Book Value Annual Sales$2.95 billion Price / Sales0.10 Cash Flow$1.04 per share Price / Cash Flow1.98 Book Value$2.02 per share Price / Book1.02Miscellaneous Outstanding Shares149,010,000Free Float142,600,000Market Cap$306.22 million OptionableOptionable Beta2.40 Key ExecutivesMr. Michael E. Reed (Age 57)Chairman, CEO & Pres Comp: $1.67MMr. Douglas Edward Horne (Age 52)CFO & Chief Accounting Officer Comp: $1.17MMr. Vincent CirelChief Technology OfficerTrisha GosserSr. VP - Fin. & Investor RelationsMs. Polly Grunfeld Sack Esq. (Age 63)Chief Legal/Gen. Counsel Ms. Lark-Marie AntonChief Communications OfficerMr. Jay Fogarty (Age 56)Sr. VP of Corp. Devel. Ms. Samantha HowlandChief People OfficerMr. Kristopher Barton (Age 47)Pres of Digital Marketing Solutions Mr. Nate RackiewiczChief Data OfficerMore ExecutivesKey Competitors374WaterNASDAQ:SCWOSystem1NYSE:SSTRackspace TechnologyNASDAQ:RXTAgoraNASDAQ:APIHireQuestNASDAQ:HQIView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 19,728 shares on 5/22/2023Ownership: 0.351%JPMorgan Chase & Co.Bought 83,890 shares on 5/18/2023Ownership: 0.163%New York State Common Retirement FundSold 36,863 shares on 5/18/2023Ownership: 0.036%Thrivent Financial for LutheransSold 5,074 shares on 5/17/2023Ownership: 0.097%Susquehanna International Group LLPSold 100 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GCI Stock - Frequently Asked Questions Should I buy or sell Gannett stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street research analysts is that investors should "sell" GCI shares. View GCI analyst ratings or view top-rated stocks. What is Gannett's stock price forecast for 2023? 1 brokerages have issued twelve-month target prices for Gannett's shares. Their GCI share price forecasts range from $1.70 to $1.70. On average, they predict the company's share price to reach $1.70 in the next year. This suggests that the stock has a possible downside of 17.3%. View analysts price targets for GCI or view top-rated stocks among Wall Street analysts. How have GCI shares performed in 2023? Gannett's stock was trading at $2.03 at the beginning of 2023. Since then, GCI shares have increased by 1.2% and is now trading at $2.0550. View the best growth stocks for 2023 here. When is Gannett's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our GCI earnings forecast. How were Gannett's earnings last quarter? Gannett Co., Inc. (NYSE:GCI) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $668.92 million for the quarter. Gannett had a negative net margin of 2.26% and a positive trailing twelve-month return on equity of 23.21%. What ETFs hold Gannett's stock? ETFs with the largest weight of Gannett (NYSE:GCI) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Invesco S&P SmallCap 600 Revenue ETF (RWJ).Vanguard Communication Services ETF (VOX), What guidance has Gannett issued on next quarter's earnings? Gannett issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.75 billion-$2.80 billion, compared to the consensus revenue estimate of $2.77 billion. What other stocks do shareholders of Gannett own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), Matinas BioPharma (MTNB), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), New Residential Investment (NRZ) and ADMA Biologics (ADMA). What is Gannett's stock symbol? Gannett trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCI." Who are Gannett's major shareholders? Gannett's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.59%), Alta Fundamental Advisers LLC (5.25%), State Street Corp (4.23%), Dimensional Fund Advisors LP (2.58%), Charles Schwab Investment Management Inc. (2.42%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include John Jeffry Louis, Laurence Tarica, Michael Reed and Theodore Peter Janulis. View institutional ownership trends. How do I buy shares of Gannett? Shares of GCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gannett's stock price today? One share of GCI stock can currently be purchased for approximately $2.06. How much money does Gannett make? Gannett (NYSE:GCI) has a market capitalization of $306.22 million and generates $2.95 billion in revenue each year. The company earns $-78,000,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis. How many employees does Gannett have? The company employs 11,200 workers across the globe. How can I contact Gannett? Gannett's mailing address is 7950 Jones Branch Drive, McLean VA, 22107. The official website for the company is www.newmediainv.com. The company can be reached via phone at 703-854-6000 or via email at investors@gannett.com. This page (NYSE:GCI) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gannett Co., Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.