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

$8.36
+0.09 (+1.09 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$8.19
Now: $8.36
$8.40
50-Day Range
$7.54
MA: $8.36
$9.66
52-Week Range
$7.41
Now: $8.36
$11.99
Volume686,963 shs
Average Volume1.38 million shs
Market Capitalization$957.39 million
P/E Ratio7.74
Dividend Yield7.72%
Beta1.31
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$2.5181 per share
Book Value$9.15 per share

Profitability

Net Income$15.04 million

Miscellaneous

Employees13,700
Market Cap$957.39 million
Next Earnings Date8/8/2019 (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 declared a quarterly dividend on Monday, May 6th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.16 per share on Monday, June 24th. This represents a $0.64 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Friday, June 7th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett announced that its board has approved a share 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 reacquire up to 8.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) released its quarterly earnings results on Wednesday, May, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.08. The business earned $663.40 million during the quarter, compared to analysts' expectations of $677.85 million. Gannett had a net margin of 0.12% and a return on equity of 11.24%. The business's quarterly revenue was down 8.2% compared to the same quarter last year. During the same period last year, the business earned $0.13 EPS. View Gannett's Earnings History.

When is Gannett's next earnings date?

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Gannett.

What guidance has Gannett issued on next quarter's earnings?

Gannett updated its FY 2019 earnings guidance on Wednesday, May, 1st. 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 $2.76.

What price target have analysts set for GCI?

2 brokerages have issued 12-month price objectives for Gannett's stock. Their predictions range from $10.00 to $15.00. On average, they anticipate Gannett's stock price to reach $12.50 in the next year. This suggests a possible upside of 49.5% from the stock's current price. View Analyst Price Targets for Gannett.

What is the consensus analysts' recommendation 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.

Has Gannett been receiving favorable news coverage?

Media coverage about GCI stock has been trending somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gannett earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Gannett.

Are investors shorting Gannett?

Gannett saw a decrease in short interest in May. As of May 31st, there was short interest totalling 16,432,900 shares, a decrease of 12.7% from the April 30th total of 18,815,800 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is currently 12.8 days. Approximately 14.7% of the company's shares 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), Endologix (ELGX), Energy Transfer LP Unit (ET), Ford Motor (F), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Chesapeake Energy (CHK) and Transocean (RIG).

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 a number of of institutional and retail investors. Top institutional shareholders include LSV Asset Management (4.54%), JPMorgan Chase & Co. (2.71%), Robeco Institutional Asset Management B.V. (2.20%), Parametric Portfolio Associates LLC (1.03%), FMR LLC (0.87%) and Rhumbline Advisers (0.30%). 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 FMR LLC, JPMorgan Chase & Co., North Star Investment Management Corp., Los Angeles Capital Management & Equity Research Inc., Parametric Portfolio Associates LLC, First Trust Advisors LP, New York State Common Retirement Fund and Cambria Investment Management L.P.. 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.

Which major investors are buying Gannett stock?

GCI stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., BNP Paribas Arbitrage SA, Royce & Associates LP, LSV Asset Management, NumerixS Investment Technologies Inc, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV and Everence Capital Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Gannett's stock price today?

One share of GCI stock can currently be purchased for approximately $8.36.

How big of a company is Gannett?

Gannett has a market capitalization of $957.39 million 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:  201 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  418
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 6/20/2019 by MarketBeat.com Staff

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