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: Publishing - Newspapers
  • Sub-Industry: N/A
  • Symbol: NYSE:GCI
  • CUSIP: N/A
  • Web: www.gannett.com
Capitalization:
  • Market Cap: $862.49 million
  • Outstanding Shares: 113,635,000
Average Prices:
  • 50 Day Moving Avg: $8.20
  • 200 Day Moving Avg: $8.93
  • 52 Week Range: $7.30 - $16.22
P/E:
  • Trailing P/E Ratio: 83.41
  • Foreward P/E Ratio: 7.09
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $3.16 billion
  • Price / Sales: 0.27
  • Book Value: $7.49 per share
  • Price / Book: 1.01
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 8.6%
Profitability:
  • EBIDTA: $317.33 million
  • Net Margins: 1.44%
  • Return on Equity: 12.56%
  • Return on Assets: 5.32%
Debt:
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.88%
Misc:
  • Average Volume: 1.08 million shs.
  • Beta: 0.73
  • Short Ratio: 6.49
 

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 announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Monday, June 5th will be given a dividend of $0.16 per share on Monday, June 19th. This represents a $0.64 annualized dividend and a yield of 8.43%. The ex-dividend date of this dividend is Thursday, June 1st. View Gannett Co's Dividend History.

How were Gannett Co's earnings last quarter?

Gannett Co Inc (NYSE:GCI) announced its quarterly earnings data on Tuesday, April, 25th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $773.50 million for the quarter, compared to analysts' expectations of $767.99 million. Gannett Co had a net margin of 1.44% and a return on equity of 12.56%. The company's revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.27 EPS. View Gannett Co's Earnings History.

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

2 brokerages have issued 12-month price targets for Gannett Co's stock. Their predictions range from $14.00 to $16.00. On average, they expect Gannett Co's stock price to reach $15.00 in the next year. View Analyst Ratings for Gannett Co.

Who are some of Gannett Co's key competitors?

Who owns Gannett Co stock?

Gannett Co's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.64%), Vanguard Group Inc. (9.06%), Dimensional Fund Advisors LP (4.49%), State Street Corp (2.70%), Bank of New York Mellon Corp (2.63%) and LSV Asset Management (2.33%). 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 AQR Capital Management LLC, Bank of Montreal Can, Nicholas Company Inc., Wellington Management Group LLP, JPMorgan Chase & Co., Goldman Sachs Group Inc., Janney Montgomery Scott LLC and Pinnacle Associates Ltd.. View Insider Buying and Selling for Gannett Co.

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

Gannett Co's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Credit Suisse AG, Schroder Investment Management Group, Heartland Advisors Inc., State Street Corp and Advisors Asset Management Inc.. 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.

How much does a share of Gannett Co stock cost?

One share of Gannett Co stock can currently be purchased for approximately $7.59.

Analyst Ratings

Consensus Ratings for Gannett Co (NYSE:GCI) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $15.00 (97.63% 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
11/2/2015JPMorgan Chase & Co.Boost Price TargetNeutral$14.00 -> $16.00N/AView Rating Details
10/7/2015Cantor FitzgeraldInitiated CoverageBuy$17.00N/AView Rating Details
(Data available from 5/24/2015 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
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)
Next Dividend:6/19/2017
Annual Dividend:$0.64
Dividend Yield:8.43%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:177.78% (Trailing 12 Months of Earnings)
62.14% (Based on This Year's Estimates)
59.81% (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
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: 0.50%
Institutional Ownership Percentage: 86.27%
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 logo​Journal Sentinel property buyer acquires Press-Gazette, Northwestern offices
finance.yahoo.com - May 19 at 5:10 PM
finance.yahoo.com logoETFs with exposure to Gannett Co., Inc. : May 18, 2017
finance.yahoo.com - May 19 at 6:01 AM
finance.yahoo.com logoReachLocal Customer All Dry USA Wins Coveted Stevie Award in the Home Supplies and Services Marketing Category
finance.yahoo.com - May 18 at 9:58 AM
finance.yahoo.com logoGannett to Participate in the J.P. Morgan 2017 Global Technology, Media and Telecom Conference
finance.yahoo.com - May 16 at 5:18 PM
finance.yahoo.com logoGannett Co., Inc. :GCI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017
finance.yahoo.com - May 16 at 11:37 AM
americanbankingnews.com logoGannett Co's (GCI) "Buy" Rating Reaffirmed at Noble Financial
www.americanbankingnews.com - May 14 at 9:12 AM
businesswire.com logoSweetIQ Announces Official Snapchat Partnership and API Integration
www.businesswire.com - May 12 at 11:03 PM
nasdaq.com logoGannett Passes Through 8% Yield Mark
www.nasdaq.com - May 12 at 11:03 PM
finance.yahoo.com logoGannett Co., Inc. breached its 50 day moving average in a Bearish Manner : GCI-US : May 11, 2017
finance.yahoo.com - May 11 at 10:59 PM
americanbankingnews.com logoGannett Co Inc Declares Quarterly Dividend of $0.16 (GCI)
www.americanbankingnews.com - May 10 at 6:26 PM
finance.yahoo.com logoGannett Announces Results of Annual Meeting; Board Declares Regular Quarterly Dividend
finance.yahoo.com - May 10 at 5:30 PM
finance.yahoo.com logoReachLocal Joins Select Group of Facebook Marketing Partners
finance.yahoo.com - May 10 at 10:49 AM
finance.yahoo.com logoUSA TODAY NETWORK Continues To Push Boundaries in VR Storytelling with Release of Season Two of “VRtually There”
finance.yahoo.com - May 9 at 11:19 AM
americanbankingnews.com logoSomewhat Critical Press Coverage Likely to Affect Gannett Co (GCI) Share Price
www.americanbankingnews.com - May 4 at 7:20 PM
usatoday.com logoGannett hit with email phishing attack
www.usatoday.com - May 3 at 10:28 AM
finance.yahoo.com logoUSA Today owner Gannett warns workers of possible breach
finance.yahoo.com - May 3 at 10:28 AM
finance.yahoo.com logo[$$] Gannett Reports Data Breach Compromising Employee Information
finance.yahoo.com - May 2 at 3:43 PM
americanbankingnews.com logoGannett Co (GCI) Receives Daily Coverage Optimism Score of 0.18
www.americanbankingnews.com - May 1 at 7:24 PM
americanbankingnews.com logo$0.22 Earnings Per Share Expected for Gannett Co Inc (GCI) This Quarter
www.americanbankingnews.com - May 1 at 1:04 PM
finance.yahoo.com logoGannett Co., Inc. breached its 50 day moving average in a Bearish Manner : GCI-US : May 1, 2017
finance.yahoo.com - May 1 at 11:17 AM
americanbankingnews.com logoGannett Co Inc to Post FY2018 Earnings of $1.05 Per Share, Gabelli Forecasts (GCI)
www.americanbankingnews.com - April 28 at 11:34 PM
americanbankingnews.com logoJefferies Group Weighs in on Gannett Co Inc's Q2 2017 Earnings (GCI)
www.americanbankingnews.com - April 28 at 10:10 AM
americanbankingnews.com logoGannett Co (GCI) Receives News Impact Score of 0.21
www.americanbankingnews.com - April 27 at 8:31 PM
americanbankingnews.com logoGannett Co Inc (GCI) CEO Sells $14,972.56 in Stock
www.americanbankingnews.com - April 27 at 6:12 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Gannett Co Inc (GCI) Lifted by Jefferies Group
www.americanbankingnews.com - April 27 at 2:59 PM
americanbankingnews.com logoFY2017 EPS Estimates for Gannett Co Inc Cut by Gabelli (GCI)
www.americanbankingnews.com - April 27 at 1:36 PM
americanbankingnews.com logoGannett Co Inc (GCI) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 26 at 10:44 PM
finance.yahoo.com logoEdited Transcript of GCI earnings conference call or presentation 25-Apr-17 2:00pm GMT
finance.yahoo.com - April 26 at 7:59 PM
finance.yahoo.com logoGannett sees 11% drop in same-paper revenue, 18% slide in print ads
finance.yahoo.com - April 26 at 7:59 PM
americanbankingnews.com logoGannett Co Inc (GCI) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS
www.americanbankingnews.com - April 25 at 1:49 PM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE- Caterpillar, Alcoa, Nord Anglia, Supervalu
www.nasdaq.com - April 25 at 11:15 AM
cnbc.com logoGannett Co., Inc. reports 1Q loss
www.cnbc.com - April 25 at 11:15 AM
zacks.com logoGannett (GCI) Q1 Earnings Beat Estimates, Decline Y-o-Y
www.zacks.com - April 25 at 11:15 AM
finance.yahoo.com logoGannett Reports First Quarter 2017 Results of Operations
finance.yahoo.com - April 25 at 11:15 AM
finance.yahoo.com logoShares of USA Today owner Gannett jump more than 7% after Q1 earnings beat
finance.yahoo.com - April 25 at 11:15 AM
finance.yahoo.com logoGannett posts 1Q loss, but still tops expectations
finance.yahoo.com - April 25 at 11:15 AM
americanbankingnews.com logoGannett Co (GCI) Given Daily News Sentiment Rating of 0.48
www.americanbankingnews.com - April 24 at 3:08 PM
seekingalpha.com logoGannett Acquires SweetIQ To Bolster Digital Marketing
seekingalpha.com - April 22 at 5:01 PM
nasdaq.com logoWhat's in Store for Gannett (GCI) Stock in Q1 Earnings?
www.nasdaq.com - April 22 at 5:01 PM
americanbankingnews.com logoGannett Co (GCI) Receives News Sentiment Rating of 0.36
www.americanbankingnews.com - April 21 at 6:04 PM
finance.yahoo.com logoGannett Co., Inc. – Value Analysis (NYSE:GCI) : April 21, 2017
finance.yahoo.com - April 21 at 5:23 PM
finance.yahoo.com logoWhat's in Store for Gannett (GCI) Stock in Q1 Earnings?
finance.yahoo.com - April 21 at 11:36 AM
streetinsider.com logoGannett (GCI) AcquiresSweetIQ Analytics
www.streetinsider.com - April 20 at 10:28 PM
finance.yahoo.com logoGannett Acquires Location and Reputation Management Software Company SweetIQ Analytics Corp.
finance.yahoo.com - April 20 at 5:28 PM
finance.yahoo.com logoGannett Co., Inc. breached its 50 day moving average in a Bullish Manner : GCI-US : April 20, 2017
finance.yahoo.com - April 20 at 12:11 PM
americanbankingnews.com logoGannett Co (GCI) Getting Somewhat Negative Press Coverage, Study Shows
www.americanbankingnews.com - April 18 at 5:17 PM
wsj.com logoStorm Lake Times Pulitzer Win Highlights Decline of Family Newspapers
www.wsj.com - April 13 at 10:15 PM
americanbankingnews.com logoGannett Co Inc (GCI) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - April 12 at 6:59 PM
finance.yahoo.com logoGannett to Webcast Discussion of its First Quarter 2017 Results
finance.yahoo.com - April 12 at 5:27 PM
bizjournals.com logoMilwaukee Journal Sentinel building could be sold to Michigan investor
www.bizjournals.com - April 11 at 12:22 PM

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Chart

Gannett Co (GCI) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff