Gannett Co. Company Profile (NYSE:GCI)

About Gannett Co. (NYSE:GCI)

Gannett Co. logoGannett Co., Inc. is a media company. The Company operates as a newspaper publisher in the United States. As of December 25, 2016, it owned ReachLocal, Inc. (ReachLocal), a digital marketing solutions company; the USA TODAY NETWORK (made up of USA TODAY including digital sites and affiliates (USAT) and 109 local media organizations in 34 states in the United States and Guam), and Newsquest Media Group Ltd. (Newsquest), the Company's subsidiary operating in the United Kingdom. The Company's segments include Publishing, ReachLocal, and a Corporate and Other category. The publishing segment comprises the USA TODAY NETWORK and Newsquest. Its publishing operations also include commercial printing and distribution, marketing and data services. It also reaches small and medium sized businesses with digital marketing solutions principally through ReachLocal. ReachLocal is focused on local businesses and on providing a total digital marketing solution.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Consumer Publishing
  • Sub-Industry: N/A
  • Symbol: NYSE:GCI
  • CUSIP: N/A
  • Web: www.gannett.com
Capitalization:
  • Market Cap: $915.24 million
  • Outstanding Shares: 113,695,000
Average Prices:
  • 50 Day Moving Avg: $8.37
  • 200 Day Moving Avg: $8.37
  • 52 Week Range: $7.30 - $12.39
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.58
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $3.19 billion
  • Price / Sales: 0.29
  • Book Value: $7.48 per share
  • Price / Book: 1.08
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 7.7%
Profitability:
  • EBIDTA: $320.45 million
  • Net Margins: -0.07%
  • Return on Equity: 11.30%
  • Return on Assets: 3.70%
Debt:
  • Debt-to-Equity Ratio: 0.45%
  • Current Ratio: 1.14%
  • Quick Ratio: 1.14%
Misc:
  • Average Volume: 750,114 shs.
  • Beta: 0.59
  • Short Ratio: 8.92
 

Frequently Asked Questions for Gannett Co. (NYSE:GCI)

What is Gannett Co.'s stock symbol?

Gannett Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCI."

How often does Gannett Co. pay dividends? What is the dividend yield for Gannett Co.?

Gannett Co. declared a quarterly dividend on Thursday, July 20th. Shareholders of record on Friday, September 1st will be given a dividend of $0.16 per share on Monday, September 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date is Wednesday, August 30th. View Gannett Co.'s Dividend History.

How were Gannett Co.'s earnings last quarter?

Gannett Co., Inc. (NYSE:GCI) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.01. The company earned $774.50 million during the quarter, compared to analyst estimates of $783.06 million. Gannett Co. had a positive return on equity of 11.30% and a negative net margin of 0.07%. Gannett Co.'s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 earnings per share. View Gannett Co.'s Earnings History.

Where is Gannett Co.'s stock going? Where will Gannett Co.'s stock price be in 2017?

1 equities research analysts have issued 1-year target prices for Gannett Co.'s shares. Their forecasts range from $16.00 to $16.00. On average, they expect Gannett Co.'s share price to reach $16.00 in the next year. View Analyst Ratings for Gannett Co..

Who are some of Gannett Co.'s key competitors?

Who are Gannett Co.'s key executives?

Gannett Co.'s management team includes the folowing people:

  • Robert J. Dickey, President, Chief Executive Officer, Director
  • Alison K. Engel, Chief Financial Officer, Senior Vice President, Treasurer
  • Sharon T. Rowlands, Chief Executive Officer - ReachLocal
  • Henry Faure Walker, Chief Executive Officer - Newsquest Media Group
  • John Zidich, President - Domestic Publishing
  • Barbara Wall, Senior Vice President, General Counsel
  • Daniel Bernard, Senior Vice President and Chief Product Officer
  • Joanne Lipman, Senior Vice President and Chief Content Officer
  • Maribel Perez Wadsworth, Senior Vice President and Chief Strategy
  • Jamshid Khazenie, Chief Technology Officer

Who owns Gannett Co. stock?

Gannett Co.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.22%), Vanguard Group Inc. (9.44%), Capital International Investors (7.63%), Dimensional Fund Advisors LP (5.37%), State Street Corp (2.78%) and Bank of New York Mellon Corp (2.58%). Company insiders that own Gannett Co. stock include Alison K Engel, David A Payne, John Jeffry Louis, John M Zidich, Robert J Dickey and Walker Henry K Faure. View Institutional Ownership Trends for Gannett Co..

Who sold Gannett Co. stock? Who is selling Gannett Co. stock?

Gannett Co.'s stock was sold by a variety of institutional investors in the last quarter, including CNH Partners LLC, BlackRock Inc., Wells Fargo & Company MN, Nicholas Company Inc., GSA Capital Partners LLP, Parametric Portfolio Associates LLC, Quantbot Technologies LP and Janney Montgomery Scott LLC. View Insider Buying and Selling for Gannett Co..

Who bought Gannett Co. stock? Who is buying Gannett Co. stock?

Gannett Co.'s stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc., Vanguard Group Inc., Contrarius Investment Management Ltd, Prudential PLC, Numeric Investors LLC, JPMorgan Chase & Co. and Acadian Asset Management LLC. Company insiders that have bought Gannett Co. stock in the last two years include Alison K Engel and John Jeffry Louis. View Insider Buying and Selling for Gannett Co..

How do I buy Gannett Co. stock?

Shares of Gannett Co. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gannett Co.'s stock price today?

One share of Gannett Co. stock can currently be purchased for approximately $8.05.


MarketBeat Community Rating for Gannett Co. (NYSE GCI)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  194
MarketBeat's community ratings are surveys of what our community members think about Gannett Co. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gannett Co. (NYSE:GCI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $16.00 (98.76% upside)

Analysts' Ratings History for Gannett Co. (NYSE:GCI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/14/2017Noble FinancialReiterated RatingBuyHighView Rating Details
8/29/2016Jefferies Group LLCReiterated RatingHoldN/AView Rating Details
11/5/2015ArgusUpgradeHold -> Buy$20.00N/AView Rating Details
11/2/2015J P Morgan Chase & CoBoost Price TargetNeutral$14.00 -> $16.00N/AView Rating Details
10/7/2015Cantor FitzgeraldInitiated CoverageBuy$17.00N/AView Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for Gannett Co. (NYSE:GCI)
Earnings by Quarter for Gannett Co. (NYSE:GCI)
Earnings History by Quarter for Gannett Co. (NYSE GCI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017$0.19$0.18$783.06 million$774.50 millionViewListenView Earnings Details
4/25/2017Q1 2017$0.12$0.14$767.99 million$773.50 millionViewN/AView Earnings Details
2/9/2017Q416$0.42$0.50$847.33 million$867.00 millionViewListenView Earnings Details
10/27/2016Q316$0.17$0.06$752.06 million$772.30 millionViewListenView Earnings Details
7/27/2016Q216$0.30$0.30$794.77 million$748.80 millionViewListenView Earnings Details
4/27/2016Q116$0.14$0.29$672.07 million$659.40 millionViewListenView Earnings Details
2/17/2016Q415$0.54$0.53$756.95 million$739.30 millionViewListenView Earnings Details
10/29/2015Q315$0.37$0.43$726.60 million$701.20 millionViewListenView Earnings Details
7/29/2015Q215$0.51$0.46$753.00 million$727.10 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gannett Co. (NYSE:GCI)
2017 EPS Consensus Estimate: $1.10
2018 EPS Consensus Estimate: $1.26
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.12$0.12$0.12
Q2 20171$0.23$0.23$0.23
Q3 20171$0.22$0.22$0.22
Q4 20171$0.53$0.53$0.53
Q1 20181$0.22$0.22$0.22
Q2 20181$0.26$0.26$0.26
Q3 20181$0.24$0.24$0.24
Q4 20181$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Gannett Co. (NYSE:GCI)
Most Recent Dividend:9/18/2017
Annual Dividend:$0.64
Dividend Yield:7.95%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-3,200.00% (Trailing 12 Months of Earnings)
65.31% (Based on This Year's Estimates)
76.19% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Gannett Co. (NYSE:GCI)

Dividend History by Quarter for Gannett Co. (NYSE GCI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2017quarterly$0.167.27%8/30/20179/1/20179/18/2017
5/10/2017quarterly$0.167.98%6/1/20176/5/20176/19/2017
2/22/2017quarterly$0.167.03%3/8/20173/10/20173/24/2017
10/12/2016quarterly$0.165.91%12/1/201612/5/201612/19/2016
7/19/2016quarterly$0.164.53%9/1/20169/6/20169/19/2016
5/10/2016quarterly$0.164.07%6/2/20166/6/20166/20/2016
2/23/2016quarterly$0.164.39%3/9/20163/11/20164/1/2016
10/28/2015quarterly$0.164.07%12/2/201512/4/20151/4/2016
7/28/2015quarterly$0.169/2/20159/4/201510/1/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Gannett Co. (NYSE:GCI)
Insider Ownership Percentage: 0.74%
Institutional Ownership Percentage: 81.61%
Insider Trades by Quarter for Gannett Co. (NYSE:GCI)
Institutional Ownership by Quarter for Gannett Co. (NYSE:GCI)
Insider Trades by Quarter for Gannett Co. (NYSE:GCI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/26/2017Walker Henry K. FaureCEOSell1,688$8.87$14,972.56View SEC Filing  
11/10/2016John Jeffry LouisDirectorBuy28,000$8.96$250,880.00View SEC Filing  
11/4/2016Alison K EngelCFOBuy6,400$7.81$49,984.00View SEC Filing  
11/3/2016John Jeffry LouisDirectorBuy33,600$7.56$254,016.00View SEC Filing  
11/24/2015Robert J. DickeyCEOSell18,556$17.46$323,987.76View SEC Filing  
11/6/2015David A. PayneinsiderSell7,325$16.95$124,158.75View SEC Filing  
11/4/2015John M. ZidichinsiderSell3,223$16.12$51,954.76View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gannett Co. (NYSE:GCI)
Latest Headlines for Gannett Co. (NYSE:GCI)
Source:
DateHeadline
finance.yahoo.com logoGannett Co., Inc. : GCI-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 22 at 5:56 PM
finance.yahoo.com logoUSA TODAY NETWORK Launches Groundbreaking Project, ‘The Wall,’ to Examine President Trump’s Signature Promise
finance.yahoo.com - September 20 at 7:56 PM
bizjournals.com logoDefending the news media: This merger does just that
www.bizjournals.com - September 19 at 11:58 PM
finance.yahoo.com logoIs It The Right Time To Buy Gannett Co Inc (GCI)?
finance.yahoo.com - September 19 at 6:56 PM
americanbankingnews.com logoGannett Co., Inc. (GCI) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 12 at 4:48 PM
americanbankingnews.com logoGannett Co., Inc. (GCI) Expected to Post Quarterly Sales of $771.52 Million
www.americanbankingnews.com - September 12 at 3:34 PM
americanbankingnews.com logoGannett Co., Inc. (GCI) Expected to Post Earnings of $0.13 Per Share
www.americanbankingnews.com - September 10 at 2:20 AM
seekingalpha.com logoGannett executing more job cuts
seekingalpha.com - September 8 at 7:26 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Gannett Co Inc.
finance.yahoo.com - September 8 at 7:26 PM
finance.yahoo.com logoMore newspaper job cuts at Gannett
finance.yahoo.com - September 8 at 7:26 PM
finance.yahoo.com logoTronc Buys NY Daily News in Bet on New York Market
finance.yahoo.com - September 6 at 12:53 AM
americanbankingnews.com logoGannett Co., Inc. (GCI) Upgraded to "Buy" at ValuEngine
www.americanbankingnews.com - September 3 at 11:30 AM
finance.yahoo.com logoGannett Co., Inc. breached its 50 day moving average in a Bullish Manner : GCI-US : August 31, 2017
finance.yahoo.com - August 31 at 6:53 PM
finance.yahoo.com logoUSA TODAY Sports Launches ‘Amway Coach’s Call of the Week’ Fan Poll
finance.yahoo.com - August 31 at 6:53 PM
americanbankingnews.com logoFY2017 Earnings Forecast for Gannett Co., Inc. Issued By Gabelli (GCI)
www.americanbankingnews.com - August 31 at 9:24 AM
finance.yahoo.com logoIs Gannett Co. (GCI) be a Great Stock for Value Investors?
finance.yahoo.com - August 31 at 12:17 AM
americanbankingnews.com logoGannett Co., Inc. to Post FY2018 Earnings of $0.87 Per Share, Gabelli Forecasts (GCI)
www.americanbankingnews.com - August 30 at 11:28 AM
finance.yahoo.com logoETFs with exposure to Gannett Co., Inc. : August 29, 2017
finance.yahoo.com - August 29 at 7:26 PM
americanbankingnews.com logoGannett Co Inc (GCI) Expected to Announce Quarterly Sales of $771.52 Million
www.americanbankingnews.com - August 24 at 5:56 AM
finance.yahoo.com logoGannett Co., Inc. :GCI-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017
finance.yahoo.com - August 24 at 5:30 AM
nasdaq.com logoHow NY Times (NYT) is Countering Soft Advertising Demand - Nasdaq
www.nasdaq.com - August 22 at 7:30 PM
finance.yahoo.com logoNew LA Times Leader Takes Over a Newspaper Worth $400 Million
finance.yahoo.com - August 22 at 7:30 PM
americanbankingnews.com logoGannett Co., Inc. (GCI) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 18 at 5:04 PM
finance.yahoo.com logoGannett Co., Inc. – Value Analysis (NYSE:GCI) : August 17, 2017
finance.yahoo.com - August 17 at 12:05 AM
seekingalpha.com logoGannett And The News
seekingalpha.com - August 12 at 12:23 AM
finance.yahoo.com logoFeatured Company News - New Media Investment Group Enters into an Agreement to Acquire Morris Publishing Group's Assets
finance.yahoo.com - August 11 at 7:23 PM
americanbankingnews.com logoFinancial Analysis: Time (TIME) & Gannett Co. (NYSE:GCI)
www.americanbankingnews.com - August 9 at 12:10 AM
americanbankingnews.com logoGannett Co., Inc. (GCI) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - August 8 at 10:50 PM
americanbankingnews.com logoGannett Co. (GCI) & Time (TIME) Head-To-Head Review
www.americanbankingnews.com - August 8 at 2:24 PM
americanbankingnews.com logoPearson, PLC (PSO) versus Gannett Co. (GCI) Critical Analysis
www.americanbankingnews.com - August 8 at 2:24 PM
americanbankingnews.com logo Brokerages Anticipate Gannett Co., Inc. (GCI) Will Announce Quarterly Sales of $782.60 Million
www.americanbankingnews.com - August 6 at 7:34 AM
americanbankingnews.com logoGannett Co., Inc. (GCI) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS
www.americanbankingnews.com - August 5 at 11:00 PM
americanbankingnews.com logoPearson, PLC (PSO) vs. Gannett Co. (NYSE:GCI) Critical Review
www.americanbankingnews.com - August 5 at 8:36 PM
americanbankingnews.com logoComparing Time (TIME) and Gannett Co. (NYSE:GCI)
www.americanbankingnews.com - August 5 at 2:22 PM
seekingalpha.com logoGannett's (GCI) CEO Fred Davidson on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 5:17 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Gannett Co., Inc. (NYSE:GCI) Will Post Earnings of $0.21 Per Share
www.americanbankingnews.com - August 4 at 10:28 AM
finance.yahoo.com logoEdited Transcript of GCI earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 4 at 2:44 AM
finance.yahoo.com logoGannett Reports Second Quarter 2017 Results of Operations
finance.yahoo.com - August 3 at 4:19 PM
finance.yahoo.com logoUSA Today owner Gannett Co. reports Q2 profit above Wall Street expectations
finance.yahoo.com - August 3 at 4:19 PM
finance.yahoo.com logoInvestor Network: Gannett Co., Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 4:19 PM
finance.yahoo.com logoGannett Co., Inc. breached its 50 day moving average in a Bearish Manner : GCI-US : August 3, 2017
finance.yahoo.com - August 3 at 4:18 PM
finance.yahoo.com logoGannett (GCI) Q2 Earnings Miss Zacks Consensus by a Penny
finance.yahoo.com - August 3 at 4:18 PM
finance.yahoo.com logoGannett Co., Inc. misses Street 2Q forecasts
finance.yahoo.com - August 3 at 4:18 PM
americanbankingnews.com logoGannett Co., Inc. (NYSE:GCI) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 2 at 10:56 PM
nasdaq.com logoStrategy To YieldBoost Gannett To 29.1% Using Options
www.nasdaq.com - August 2 at 12:35 AM
americanbankingnews.com logoAnalyzing Pearson, PLC (PSO) & Gannett Co. (GCI)
www.americanbankingnews.com - July 31 at 9:33 AM
businesswire.com logoUSA TODAY NETWORK and Sequential Brands Group Announce Multi-Year Strategic Partnership to License the Martha Stewart Brand in Connection with the Food & Wine Experience Event ...
www.businesswire.com - July 28 at 12:33 AM
nasdaq.com logoGCI Crosses Above Key Moving Average Level
www.nasdaq.com - July 26 at 5:13 AM
finance.yahoo.com logoMegaclustering Is Coming for Your Daily Newspaper
finance.yahoo.com - July 25 at 7:11 PM
finance.yahoo.com logoGannett Enters Strategic Partnership with RealMatch to Expand Recruitment Advertising Services
finance.yahoo.com - July 25 at 7:11 PM

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Chart

Gannett Co. (GCI) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff