Gannett - GCI Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" GCI shares.
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1 Wall Street research analysts have issued 12 month target prices for Gannett's shares. Their GCI share price forecasts range from $1.70 to $1.70. On average, they expect the company's stock price to reach $1.70 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts price targets for GCI or view top-rated stocks among Wall Street analysts.

Gannett's stock was trading at $5.33 at the beginning of 2022. Since then, GCI stock has decreased by 67.8% and is now trading at $1.7150.
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Gannett saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 13,460,000 shares, a drop of 5.9% from the August 31st total of 14,300,000 shares. Based on an average daily volume of 1,360,000 shares, the days-to-cover ratio is presently 9.9 days. Approximately 9.8% of the company's shares are short sold.
View Gannett's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our GCI earnings forecast.

Gannett Co., Inc. (NYSE:GCI) posted its quarterly earnings results on Thursday, August, 4th. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $748.66 million for the quarter. Gannett had a negative net margin of 2.06% and a positive trailing twelve-month return on equity of 9.15%.

Gannett updated its FY 2022 earnings guidance on Thursday, August, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.95 billion-$3.00 billion, compared to the consensus revenue estimate of $3.13 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), Matinas BioPharma (MTNB), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), New Residential Investment (NRZ) and ADMA Biologics (ADMA).

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

Shares of GCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GCI stock can currently be purchased for approximately $1.72.

Gannett (NYSE:GCI) has a market capitalization of $251.40 million and generates $3.21 billion in revenue each year. The company earns $-134,960,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis.

The company employs 13,800 workers across the globe.

Gannett's mailing address is 7950 Jones Branch Drive, McLean VA, 22107. The official website for the company is www.newmediainv.com. The company can be reached via phone at 703-854-6000 or via email at investors@gannett.com.