NYSE:GCIGannett Stock Price, Forecast & News

Gannett's stock was trading at $3.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GCI shares have decreased by 66.6% and is now trading at $1.17. View which stocks have been most impacted by Coronavirus.

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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gannett.

Gannett is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Gannett.

Gannett Co Inc (NYSE:GCI) issued its quarterly earnings data on Thursday, May, 7th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.18. The business had revenue of $948.68 million for the quarter, compared to the consensus estimate of $976.21 million. Gannett had a positive return on equity of 4.93% and a negative net margin of 7.86%. View Gannett's earnings history.

Gannett declared a quarterly dividend on Wednesday, October 16th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.16 per share on Tuesday, November 12th. This represents a $0.64 annualized dividend and a dividend yield of 54.70%. The ex-dividend date is Thursday, October 31st. View Gannett's dividend history.

2 equities research analysts have issued twelve-month price targets for Gannett's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Gannett's stock price to reach $5.00 in the next year. This suggests a possible upside of 327.4% from the stock's current price. View analysts' price targets for Gannett.

News stories about GCI stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gannett earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Gannett.

Some companies that are related to Gannett include Daily Journal (DJCO), Tribune Publishing (TPCO), New Media Investment Group (NEWM), Lee Enterprises (LEE), A. H. Belo (AHC), Rediff.com India (REDFY) and The McClatchy (MNIQQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), AMC Entertainment (AMC), NGL Energy Partners (NGL), Washington Prime Group (WPG), Golar LNG Partners (GMLP), Chesapeake Energy (CHK), EnLink Midstream (ENLC), CBL & Associates Properties (CBL) and Pennsylvania R.E.I.T. (PEI).

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

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.

One share of GCI stock can currently be purchased for approximately $1.17.

Gannett has a market capitalization of $154.55 million and generates $1.87 billion in revenue each year. The company earns $-119,840,000.00 in net income (profit) each year or $1.54 on an earnings per share basis. Gannett employs 21,255 workers across the globe.

The official website for Gannett is www.newmediainv.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]