NYSE:GCI

Gannett (GCI) Stock Price, News & Analysis

$3.69
-0.03 (-0.81%)
(As of 10:51 AM ET)
Today's Range
$3.64
$3.75
50-Day Range
$1.99
$3.73
52-Week Range
$1.66
$3.79
Volume
325,049 shs
Average Volume
840,695 shs
Market Capitalization
$544.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Gannett MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
34.8% Upside
$5.00 Price Target
Short Interest
Bearish
13.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.59mentions of Gannett in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Business Services Sector

104th out of 313 stocks

Newspapers Industry

3rd out of 4 stocks

GCI stock logo

About Gannett Stock (NYSE:GCI)

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions; commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.

GCI Stock Price History

GCI Stock News Headlines

Gannett (NYSE:GCI) Hits New 12-Month High at $3.78
Q1 2024 Gannett Co Inc Earnings Call
Gannett shows Q1 results
Gannett earnings: here's what Wall Street expects
Gannett Q1 2024 Earnings Preview
Gannett Schedules First Quarter 2024 Results
Gannett Co., Inc. (GCI)
Gannett To Repurchase Around $13 Mln Of 6% 2026 Senior Notes
Gannett Announces Further Debt Reduction
Gannett Co., Inc.'s (NYSE:GCI) Path To Profitability
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/20/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Newspapers
Sub-Industry
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+34.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-27,790,000.00
Pretax Margin
-2.81%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$0.82 per share
Book Value
$1.58 per share

Miscellaneous

Free Float
140,613,000
Market Cap
$548.88 million
Optionable
Optionable
Beta
2.30
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Key Executives

  • Mr. Michael E. Reed (Age 58)
    Chairman, CEO & President
    Comp: $1.38M
  • Mr. Douglas Edward Horne (Age 53)
    CFO & Principal Financial Officer
    Comp: $1.03M
  • Ms. Cindy Gallagher (Age 45)
    Controller, Chief Accounting Officer & Principal Accounting Officer
  • Mr. Vincent Cirel
    Chief Technology Officer
  • Matthew Esposito
    Head of Investor Relations
  • Ms. Polly Grunfeld Sack Esq. (Age 64)
    Chief Legal/General Counsel
    Comp: $330k
  • Ms. Lark-Marie Anton
    Chief Communications Officer
  • Mr. Jay Fogarty (Age 57)
    Senior Vice President of Corporate Development
  • Mr. Jason Taylor
    Chief Sales Officer
  • Ms. Samantha Howland
    Chief People Officer

GCI Stock Analysis - Frequently Asked Questions

Should I buy or sell Gannett stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GCI shares.
View GCI analyst ratings
or view top-rated stocks.

What is Gannett's stock price target for 2024?

1 equities research analysts have issued 12 month target prices for Gannett's stock. Their GCI share price targets range from $5.00 to $5.00. On average, they expect the company's stock price to reach $5.00 in the next year. This suggests a possible upside of 34.8% from the stock's current price.
View analysts price targets for GCI
or view top-rated stocks among Wall Street analysts.

How have GCI shares performed in 2024?

Gannett's stock was trading at $2.30 at the beginning of 2024. Since then, GCI stock has increased by 61.3% and is now trading at $3.71.
View the best growth stocks for 2024 here
.

When is Gannett's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GCI earnings forecast
.

How were Gannett's earnings last quarter?

Gannett Co., Inc. (NYSE:GCI) released its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.13) earnings per share (EPS) for the quarter. The business earned $669.41 million during the quarter. Gannett had a negative trailing twelve-month return on equity of 27.67% and a negative net margin of 4.67%.

What ETF holds Gannett's stock?

Invesco Russell 2000 Dynamic Multifactor ETF holds 356,484 shares of GCI stock, representing 0.34% of its portfolio.

What other stocks do shareholders of Gannett own?
Who are Gannett's major shareholders?

Gannett's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Apollo Management Holdings L.P. (8.33%), Vanguard Group Inc. (5.69%), Acadian Asset Management LLC (1.71%), GSA Capital Partners LLP (0.67%), Empowered Funds LLC (0.53%) and Silverberg Bernstein Capital Management LLC (0.33%). Insiders that own company stock include John Jeffry Louis, Laurence Tarica and Michael Reed.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GCI) was last updated on 5/20/2024 by MarketBeat.com Staff

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