NYSE:GCI - Gannett Stock Price, News & Analysis

$10.75
+0.09 (+0.84 %)
(As of 09/15/2019 11:57 AM ET)
Today's Range
$10.67
Now: $10.75
$10.85
50-Day Range
$9.67
MA: $10.28
$10.85
52-Week Range
$7.41
Now: $10.75
$11.99
Volume959,105 shs
Average Volume1.54 million shs
Market Capitalization$1.23 billion
P/E Ratio11.39
Dividend Yield5.91%
Beta1.28
Gannett Co, Inc operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. It offers print and digital daily and non-daily publications under the USA TODAY NETWORK brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 150 news brands and 150 magazines in the United Kingdom. Read More…

Industry, Sector and Symbol

Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
CUSIPN/A
Phone703-854-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.92 billion
Cash Flow$2.4827 per share
Book Value$9.15 per share

Profitability

Net Income$15.04 million

Miscellaneous

Employees13,700
Market Cap$1.23 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Gannett (NYSE:GCI) Frequently Asked Questions

What is Gannett's stock symbol?

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

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

Gannett announced a quarterly dividend on Tuesday, July 23rd. Investors of record on Monday, September 16th will be given a dividend of $0.16 per share on Monday, September 30th. This represents a $0.64 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Friday, September 13th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett declared that its board has authorized a share repurchase plan on Tuesday, May 8th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 8.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) released its quarterly earnings results on Monday, August, 5th. The company reported $0.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.08. The firm had revenue of $660.30 million for the quarter, compared to analysts' expectations of $689.92 million. Gannett had a net margin of 0.50% and a return on equity of 10.32%. The business's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same period last year, the firm earned $0.31 earnings per share. View Gannett's Earnings History.

When is Gannett's next earnings date?

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Gannett.

What is the consensus analysts' recommendation for Gannett?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gannett.

Has Gannett been receiving favorable news coverage?

Media coverage about GCI stock has trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gannett earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Gannett.

Are investors shorting Gannett?

Gannett saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 19,302,400 shares, an increase of 15.5% from the July 31st total of 16,715,000 shares. Based on an average trading volume of 2,010,000 shares, the days-to-cover ratio is presently 9.6 days. Currently, 17.0% of the shares of the company are short sold. View Gannett's Current Options Chain.

Who are some of Gannett's key competitors?

What other stocks do shareholders of Gannett own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include TEGNA (TGNA), CA (CA), BlackRock (BLK), Energy Transfer LP Unit (ET), Ford Motor (F), Endologix (ELGX), Chipotle Mexican Grill (CMG), Chesapeake Energy (CHK), Micron Technology (MU) and Aegean Marine Petroleum Network (ANW).

Who are Gannett's key executives?

Gannett's management team includes the folowing people:
  • Mr. Robert J. Dickey, Pres, CEO & Director (Age 62)
  • Ms. Alison K. Engel, Sr. VP, CFO & Treasurer (Age 48)
  • Ms. Barbara W. Wall, Sr. VP, Interim COO & Chief Legal Officer (Age 64)
  • Ms. Maribel Perez Wadsworth, Pres of USA Today Network & Publisher of USA Today (Age 46)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 56)

Who are Gannett's major shareholders?

Gannett's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.44%), Vanguard Group Inc. (11.03%), HG Vora Capital Management LLC (6.85%), LSV Asset Management (4.48%), Alden Global Capital LLC (3.77%) and Bank of New York Mellon Corp (2.36%). 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.

Which major investors are selling Gannett stock?

GCI stock was sold by a variety of institutional investors in the last quarter, including Alden Global Capital LLC, Vanguard Group Inc., Bank of New York Mellon Corp, OMERS ADMINISTRATION Corp, BlackRock Inc., AQR Capital Management LLC, D. E. Shaw & Co. Inc. and Bank of Montreal Can. View Insider Buying and Selling for Gannett.

Which major investors are buying Gannett stock?

GCI stock was bought by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, UBS Group AG, Grantham Mayo Van Otterloo & Co. LLC, Nuveen Asset Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Quinn Opportunity Partners LLC and Landscape Capital Management L.L.C.. View Insider Buying and Selling for Gannett.

How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.

What is Gannett's stock price today?

One share of GCI stock can currently be purchased for approximately $10.75.

How big of a company is Gannett?

Gannett has a market capitalization of $1.23 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 13,700 workers across the globe.View Additional Information About Gannett.

What is Gannett's official website?

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

How can I contact Gannett?

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]


MarketBeat Community Rating for Gannett (NYSE GCI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  211 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  435
MarketBeat's community ratings are surveys of what our community members think about Gannett and other stocks. Vote "Outperform" if you believe GCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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