NYSE:GCI - Gannett Stock Price, Price Target & More

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$10.60 +0.15 (+1.44 %)
(As of 06/25/2018 06:00 AM ET)
Previous Close$10.60
Today's Range$10.43 - $10.65
52-Week Range$7.94 - $12.38
Volume1.15 million shs
Average Volume1.20 million shs
Market Capitalization$1.20 billion
P/E Ratio10.39
Dividend Yield6.04%
Beta0.99
Gannett logoGannett Co., Inc. operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. The company 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 170 news brands and 80 magazines in the United Kingdom. Gannett Co., Inc. operations comprise 130 daily publications and digital platforms the United States and the United Kingdom; and 435 non-daily publications in the United States and 159 such titles in the United Kingdom. It also provides commercial printing, 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 ReachSearch, ReachDisplay, ReachSocial Ads, and ReachRetargeting digital advertising solutions; ReachSite+ReachEdge, ReachSEO, ReachCast, ReachListings, and TotalLiveChat Web presence solutions; and ReachEdge, a marketing automation platform, as well as Kickserv, a cloud-based business management software for service businesses. The company offers its suite of products and solutions to local businesses through its proprietary technology platform, its sales force, and third-party agencies and resellers. It also operates in Canada, Australia, New Zealand, Japan, Germany, Austria, Brazil, and Mexico. 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
SymbolNYSE:GCI
CUSIPN/A
Phone703-854-6000

Debt

Debt-to-Equity Ratio0.30
Current Ratio1.16
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio10.39
Forward P/E Ratio10.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.38
Cash Flow$2.7822 per share
Price / Cash3.81
Book Value$9.10 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)$1.03
Net Income$6.88 million
Net Margins0.28%
Return on Equity12.59%
Return on Assets4.48%

Miscellaneous

Employees15,300
Outstanding Shares112,930,000

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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 declared a quarterly dividend on Tuesday, May 8th. Investors of record on Monday, June 11th will be paid a dividend of $0.16 per share on Monday, June 25th. This represents a $0.64 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date of this dividend is Friday, June 8th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett announced that its Board of Directors has authorized a stock buyback program on Tuesday, May 8th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Gannett's earnings last quarter?

Gannett (NYSE:GCI) posted its quarterly earnings data on Monday, May, 7th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.10. The firm had revenue of $722.95 million for the quarter, compared to analysts' expectations of $721.63 million. Gannett had a return on equity of 12.59% and a net margin of 0.28%. The business's quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 earnings per share. View Gannett's Earnings History.

Who are some of Gannett's key competitors?

Who are Gannett's key executives?

Gannett's management team includes the folowing people:
  • Mr. Robert J. Dickey, Pres & CEO (Age 61)
  • Ms. Alison K. Engel, Sr. VP, Treasurer & CFO (Age 47)
  • Ms. Barbara W. Wall, Sr. VP & Chief Legal Officer (Age 63)
  • Ms. Sharon T. Rowlands, Pres of USA Today Network Marketing Solutions & CEO of Reachlocal (Age 59)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 55)

Has Gannett been receiving favorable news coverage?

Headlines about GCI stock have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gannett earned a media sentiment score of 0.16 on Accern's scale. They also gave press coverage about the company an impact score of 45.40 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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. (12.97%), Dimensional Fund Advisors LP (7.43%), LSV Asset Management (3.99%), JPMorgan Chase & Co. (3.59%), Robeco Institutional Asset Management B.V. (1.84%) and Wells Fargo & Company MN (1.65%). Company insiders that own Gannett stock include Alison K Engel, Andrew T Yost, Barbara W Wall, John Jeffry Louis, John M Zidich, Robert J Dickey and Walker Henry K Faure. 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 Millennium Management LLC, Citigroup Inc., California Public Employees Retirement System, Engineers Gate Manager LP, UBS Group AG, Russell Investments Group Ltd., BNP Paribas Arbitrage SA and Legal & General Group Plc. Company insiders that have sold Gannett company stock in the last year include Andrew T Yost, Barbara W Wall, John M Zidich, Robert J Dickey and Walker Henry K Faure. View Insider Buying and Selling for Gannett.

Which institutional investors are buying Gannett stock?

GCI stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, LSV Asset Management, Matarin Capital Management LLC, JPMorgan Chase & Co., Robeco Institutional Asset Management B.V., Mackay Shields LLC, Guggenheim Capital LLC and O Shaughnessy Asset Management LLC. Company insiders that have bought Gannett stock in the last two years include Alison K Engel and John Jeffry Louis. 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 $10.60.

How big of a company is Gannett?

Gannett has a market capitalization of $1.20 billion and generates $3.15 billion in revenue each year. The company earns $6.88 million in net income (profit) each year or $1.03 on an earnings per share basis. Gannett employs 15,300 workers across the globe.

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 (GCI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  291
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 6/25/2018 by MarketBeat.com Staff

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