NYSE:GCI

Gannett Stock Forecast, Price & News

$5.95
+0.05 (+0.85 %)
(As of 06/24/2021 02:57 PM ET)
Add
Compare
Today's Range
$5.80
$6.00
50-Day Range
$4.32
$5.90
52-Week Range
$1.03
$6.33
Volume19,446 shs
Average Volume1.88 million shs
Market Capitalization$847.92 million
P/E RatioN/A
Dividend YieldN/A
Beta2.79
30 days | 90 days | 365 days | Advanced Chart
Receive GCI News and Ratings via Email

Sign-up to receive the latest news and ratings for Gannett and its competitors with MarketBeat's FREE daily newsletter.


Gannett logo

About Gannett

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 253 daily newspapers with total paid circulation of approximately 2.6 million and Sunday circulation of 3.0 million; 308 weekly newspapers with total circulation of approximately 1.6 million; and 375 locally-focused Websites. Its principal products also comprise 121 daily and weekly news media brands and approximately 100 magazines, and related digital platforms; USATODAY.com and mobile applications, and sports network, as well as Reviewed.com, an affiliate marketing service; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. Additionally, it produces approximately 250 events with a collective attendance approximately 700,000. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was founded in 1997 and is headquartered in McLean, Virginia.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.04 out of 5 stars

Business Services Sector

255th out of 505 stocks

Newspapers Industry

5th out of 14 stocks

Analyst Opinion: 0.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Gannett (NYSE:GCI) Frequently Asked Questions

Is Gannett a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last year. There are currently 2 sell ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" Gannett stock.
View analyst ratings for Gannett
or view top-rated stocks.

What stocks does MarketBeat like better than Gannett?

Wall Street analysts have given Gannett a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Gannett wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Gannett?

Gannett saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 13,650,000 shares, an increase of 18.2% from the May 13th total of 11,550,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is currently 7.7 days. Currently, 10.2% of the shares of the company are short sold.
View Gannett's Short Interest
.

When is Gannett's next earnings date?

Gannett is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Gannett
.

How were Gannett's earnings last quarter?

Gannett Co., Inc. (NYSE:GCI) released its quarterly earnings data on Friday, May, 7th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.03. The firm earned $777.08 million during the quarter, compared to analyst estimates of $786.02 million. Gannett had a negative trailing twelve-month return on equity of 24.93% and a negative net margin of 22.65%.
View Gannett's earnings history
.

How has Gannett's stock been impacted by Coronavirus (COVID-19)?

Gannett's stock was trading at $3.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GCI shares have increased by 69.4% and is now trading at $5.93.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for GCI?

2 analysts have issued 1 year target prices for Gannett's shares. Their forecasts range from $3.80 to $3.80. On average, they anticipate Gannett's stock price to reach $3.80 in the next twelve months. This suggests that the stock has a possible downside of 35.9%.
View analysts' price targets for Gannett
or view top-rated stocks among Wall Street analysts.

Who are Gannett's key executives?

Gannett's management team includes the following people:
  • Mr. Michael E. Reed, Chairman, CEO & Pres (Age 55)
  • Mr. Douglas Edward Horne, CFO & Chief Accounting Officer (Age 50, Pay $1.4M)
  • Mr. Mayur Gupta, Chief Marketing & Strategy Officer (Age 42, Pay $62.64k)
  • Stacy Cunningham, VP of Financial Planning & Investor Relations
  • Ms. Polly Grunfeld Sack Esq., Gen. Counsel (Age 61)
  • Stephanie Tackach, Sr. Director of Corp. Communications & Director of PR
  • Mr. Jay Fogarty, Sr. VP of Corp. Devel. (Age 54)
  • Ms. Samantha Howland, Chief People Officer
  • Mr. Kristopher Barton, Chief Product Officer (Age 45)
  • Mr. Kevin Gentzel, Chief Revenue Officer (Age 49)

Who are some of Gannett's key competitors?

What other stocks do shareholders of Gannett own?

What is Gannett's stock symbol?

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

Who are Gannett's major shareholders?

Gannett's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.86%), Alta Fundamental Advisers LLC (4.66%), Dimensional Fund Advisors LP (3.60%), Contrarius Investment Management Ltd (1.57%), Geode Capital Management LLC (1.50%) and Northern Trust Corp (1.03%). Company insiders that own Gannett stock include John Jeffry Louis, Laurence Tarica, Maria M Miller, Michael Reed and Theodore Peter Janulis.
View institutional ownership trends for Gannett
.

Which institutional investors are selling Gannett stock?

GCI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Dimensional Fund Advisors LP, Union Square Park Capital Management LLC, Cooper Haims Advisors LLC, Northern Trust Corp, D. E. Shaw & Co. Inc., Royce & Associates LP, and Alta Fundamental Advisers LLC.
View insider buying and selling activity for Gannett
or view top insider-selling stocks.

Which institutional investors are buying Gannett stock?

GCI stock was bought by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, BlackRock Inc., Nuveen Asset Management LLC, Renaissance Technologies LLC, Millennium Management LLC, Geode Capital Management LLC, Cubist Systematic Strategies LLC, and Goldman Sachs Group Inc.. Company insiders that have bought Gannett stock in the last two years include John Jeffry Louis, Laurence Tarica, Maria M Miller, Michael Reed, and Theodore Peter Janulis.
View insider buying and selling activity for Gannett
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Gannett's stock price today?

One share of GCI stock can currently be purchased for approximately $5.93.

How much money does Gannett make?

Gannett has a market capitalization of $845.07 million and generates $3.41 billion in revenue each year. The company earns $-670,480,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis.

How many employees does Gannett have?

Gannett employs 18,100 workers across the globe.

What is Gannett's official website?

The official website for Gannett is www.newmediainv.com.

Where are Gannett's headquarters?

Gannett is headquartered at 7950 Jones Branch Drive, McLean VA, 22107.

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]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.