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

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

Gannett announced a quarterly dividend on Wednesday, February 27th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend is Friday, March 8th. View Gannett's Dividend History.

Gannett declared that its board has approved a stock repurchase program on Tuesday, May 8th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) announced its earnings results on Wednesday, February, 20th. The company reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.07. The business earned $751.40 million during the quarter, compared to the consensus estimate of $768.47 million. Gannett had a return on equity of 11.52% and a net margin of 0.52%. The firm's quarterly revenue was down 12.0% on a year-over-year basis. During the same quarter last year, the business earned $0.55 earnings per share. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Gannett.

Gannett updated its FY 2019 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.74-2.81 billion, compared to the consensus revenue estimate of $2.86 billion.

2 analysts have issued twelve-month target prices for Gannett's stock. Their forecasts range from $10.00 to $15.00. On average, they anticipate Gannett's share price to reach $12.50 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets 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.

News articles about GCI stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gannett earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Some companies that are related to Gannett include BRF (BRFS), 51job (JOBS), COCA COLA AMATI/ADR (CCLAY), Flowers Foods (FLO), Tate & Lyle (TATYY), Lancaster Colony (LANC), Square Enix (SQNXF), Nomad Foods (NOMD), Boston Beer (SAM), Darling Ingredients (DAR), Embotelladora Andina SA ADR Series B (AKO.B), TreeHouse Foods (THS), Nu Skin Enterprises (NUS), Energizer (ENR) and BRITVIC PLC/S (BTVCY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include CA (CA), BlackRock (BLK), Energy Transfer LP Unit (ET), Endologix (ELGX), TEGNA (TGNA), Ford Motor (F), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Scotts Miracle-Gro (SMG) and CBL & Associates Properties (CBL).

Gannett's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.68%), Dimensional Fund Advisors LP (8.39%), LSV Asset Management (4.56%), Bank of New York Mellon Corp (2.75%), Norges Bank (2.11%) and Robeco Institutional Asset Management B.V. (2.10%). 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.

GCI stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Mackay Shields LLC, Gotham Asset Management LLC, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, Connor Clark & Lunn Investment Management Ltd. and Virginia Retirement Systems ET AL. Company insiders that have sold Gannett company stock in the last year include Andrew T Yost and Walker Henry K Faure. View Insider Buying and Selling for Gannett.

GCI stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Citigroup Inc., BlackRock Inc., Oregon Public Employees Retirement Fund, Prudential Financial Inc., Advisors Asset Management Inc., O Shaughnessy Asset Management LLC and BBT Capital Management LLC. View Insider Buying and Selling for 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.

One share of GCI stock can currently be purchased for approximately $10.68.

Gannett has a market capitalization of $1.22 billion and generates $2.92 billion in revenue each year. The company earns $15.04 million in net income (profit) each year or $1.08 on an earnings per share basis. Gannett employs 16,980 workers across the globe.

The official website for Gannett is http://www.gannett.com.

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]