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

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$7.82 -0.03 (-0.38 %)
(As of 05/24/2019 07:07 AM ET)
Previous Close$7.85
Today's Range$7.63 - $7.85
52-Week Range$7.63 - $11.99
Volume816,843 shs
Average Volume1.40 million shs
Market Capitalization$895.55 million
P/E Ratio7.24
Dividend Yield8.15%
Beta1.22
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. The company's operations include 110 daily the United States print products, including USA TODAY; and 150 publications in the United Kingdom. It also provides commercial printing and distribution, marketing, and data services; and owns s1 and Exchange & Mart businesses, and a specialist magazine business. In addition, the company offers digital marketing solutions comprising search engine marketing, social advertising, and display advertising; software solutions, such as lead conversion and field management software, as well as presence solutions, including Websites, search engine optimization, listings management, and live chat; and WordStream, cloud-based software-as-a-service solution for local and regional businesses and agencies. The company offers its suite of products and solutions to local businesses through its proprietary technology platform, sales force, and third-party agencies and resellers. It also operates in Canada, Australia, New Zealand, Japan, and Brazil. The company was formerly known as Gannett SpinCo, Inc. and changed its name to Gannett Co., Inc. in May 2015. Gannett Co., Inc. was incorporated in 2014 and is headquartered in McLean, Virginia.

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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$2.4669 per share
Book Value$9.07 per share

Profitability

Net Income$15.04 million

Miscellaneous

Employees13,700
Market Cap$895.55 million
Next Earnings Date8/8/2019 (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 Monday, May 6th. Shareholders 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 yield of 8.18%. The ex-dividend date is Friday, June 7th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, May 8th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) released its earnings results on Wednesday, May, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.08. The firm earned $663.40 million during the quarter, compared to analyst estimates of $677.85 million. Gannett had a net margin of 0.12% and a return on equity of 11.24%. The firm's revenue was down 8.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 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 Wall Street analysts have issued twelve-month price targets for Gannett's shares. Their forecasts range from $10.00 to $15.00. On average, they expect Gannett's stock price to reach $12.50 in the next year. This suggests a possible upside of 59.8% 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?

News headlines about GCI stock have trended negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring 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 media sentiment score of -2.7 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

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), Transocean (RIG) and CBL & Associates Properties (CBL).

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 BlackRock Inc. (14.64%), Dimensional Fund Advisors LP (8.23%), LSV Asset Management (4.54%), JPMorgan Chase & Co. (2.71%), Robeco Institutional Asset Management B.V. (2.20%) and Wells Fargo & Company MN (1.71%). 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., Citigroup Inc., AQR Capital Management LLC, North Star Investment Management Corp., Los Angeles Capital Management & Equity Research Inc., Charles Schwab Investment Management Inc. and Dimensional Fund Advisors LP. 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 Morgan Stanley, Jefferies Group LLC, BlueCrest Capital Management Ltd, Renaissance Technologies LLC, BlackRock Inc., Wellington Management Group LLP, Geode Capital Management LLC and Robeco Institutional Asset Management B.V.. 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 $7.82.

How big of a company is Gannett?

Gannett has a market capitalization of $895.55 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.

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:  200 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  415
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 5/24/2019 by MarketBeat.com Staff

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