Gannett Stock Price, News & Analysis (NYSE:GCI)

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

Gannett announced a quarterly dividend on Tuesday, July 23rd. Stockholders of record on Monday, September 16th will be given 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 5.75%. The ex-dividend date is Friday, September 13th. View Gannett's Dividend History.

Gannett declared that its Board of Directors has approved a share repurchase 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 buy up to 8.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) posted its quarterly earnings data on Monday, August, 5th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The company earned $660.30 million during the quarter, compared to analysts' expectations of $689.92 million. Gannett had a return on equity of 10.32% and a net margin of 0.50%. Gannett's quarterly revenue was down 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates 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.

Press coverage about GCI stock has trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gannett earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Gannett.

Gannett saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 19,302,400 shares, an increase of 15.5% from the July 31st total of 16,715,000 shares. Based on an average daily trading volume, of 2,010,000 shares, the days-to-cover ratio is presently 9.6 days. Approximately 17.0% of the shares of the company are short sold. View Gannett's Current Options Chain.

Some companies that are related to Gannett include New York Times (NYT), New Media Investment Group (NEWM), Daily Journal (DJCO), Tribune Publishing (TPCO), Lee Enterprises (LEE), A. H. Belo (AHC), TheStreet (TST) and Rediff.com India (REDFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include TEGNA (TGNA), CA (CA), BlackRock (BLK), Energy Transfer LP Unit (ET), Ford Motor (F), Endologix (ELGX), Chipotle Mexican Grill (CMG), Chesapeake Energy (CHK), Micron Technology (MU) and Aegean Marine Petroleum Network (ANW).

Gannett's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.44%), 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.

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.

GCI stock was bought 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, Barrow Hanley Mewhinney & Strauss LLC, Quinn Opportunity Partners LLC and Landscape Capital Management L.L.C.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of GCI stock can currently be purchased for approximately $11.13.

Gannett has a market capitalization of $1.28 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.

The official website for Gannett is http://www.gannett.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]