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
Phone703-854-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.92 billion
Profitability
Miscellaneous
Employees13,700
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable
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. Stockholders of record on Monday, September 16th will be paid a dividend of $0.16 per share on Monday, September 30th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.50%. 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 approved a share buyback plan on Tuesday, May 8th 2018, which permits the company to buyback $100,000,000.00 in 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 plans are often an indication that the company's board believes its stock is undervalued.
How were Gannett's earnings last quarter?
Gannett Co Inc (NYSE:GCI) issued its quarterly earnings data on Monday, August, 5th. The company reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.08. The firm earned $660.30 million during the quarter, compared to the consensus estimate of $689.92 million. Gannett had a return on equity of 10.32% and a net margin of 0.50%. The firm's revenue was down 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.31 earnings per share. View Gannett's Earnings History.
When is Gannett's next earnings date?
What price target have analysts set for GCI?
1 brokerages have issued 12 month price targets for Gannett's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Gannett's share price to reach $15.00 in the next year. This suggests a possible upside of 52.3% from the stock's current price. View Analyst Price Targets 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?
Headlines about GCI stock have trended negative on Sunday, InfoTrie reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Gannett.
Who are some of Gannett's key competitors?
What other stocks do shareholders of Gannett own?
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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.46%), 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 purchased 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, Quinn Opportunity Partners LLC, Landscape Capital Management L.L.C. and Prudential Financial 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 $9.85.
How big of a company is Gannett?
Gannett has a market capitalization of $1.13 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?
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)
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.
