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

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$10.89 +0.26 (+2.45 %)
(As of 03/21/2019 03:25 AM ET)
Previous Close$10.63
Today's Range$10.48 - $11.15
52-Week Range$8.37 - $11.99
Volume3.07 million shs
Average Volume1.59 million shs
Market Capitalization$1.25 billion
P/E Ratio10.08
Dividend Yield6.02%
Beta1.33
Gannett 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
CUSIPN/A
Phone703-854-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.92 billion
Cash Flow$2.5444 per share
Book Value$9.15 per share

Profitability

Net Income$15.04 million

Miscellaneous

Employees13,700
Market Cap$1.25 billion
Next Earnings Date5/6/2019 (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 declared a quarterly dividend on Wednesday, February 27th. Investors of record on Monday, March 11th will be given a dividend of $0.16 per share on Monday, March 25th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, March 8th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett declared that its board has initiated a share buyback program on Tuesday, May 8th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually an indication 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, February, 20th. The company reported $0.44 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.07. The company earned $751.40 million during the quarter, compared to analyst estimates of $768.47 million. Gannett had a net margin of 0.52% and a return on equity of 11.52%. The firm's revenue was down 12.0% on a year-over-year basis. During the same period last year, the business posted $0.55 EPS. View Gannett's Earnings History.

When is Gannett's next earnings date?

Gannett is scheduled to release their next quarterly earnings announcement on Monday, May 6th 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, February, 20th. 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 $2.86 billion.

What price target have analysts set for GCI?

2 equities research analysts have issued 12 month target prices 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 twelve months. This suggests a possible upside of 14.8% 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 coverage about GCI stock has been trending very negative on Thursday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gannett earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

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, Treasurer & CFO (Age 48)
  • Ms. Barbara W. Wall, Sr. VP & Chief Legal Officer (Age 64)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 56)
  • Mr. Michael P. Dickerson, VP, Investor Relations & Real Estate

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. (14.68%), Dimensional Fund Advisors LP (8.39%), LSV Asset Management (4.56%), Bank of New York Mellon Corp (2.75%), Norges Bank (2.11%) and Robeco Institutional Asset Management B.V. (2.10%). 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 institutional investors are selling Gannett stock?

GCI stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Mackay Shields LLC, Gotham Asset Management LLC, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA, Connor Clark & Lunn Investment Management Ltd. and Virginia Retirement Systems ET AL. 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 institutional investors are buying Gannett stock?

GCI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Citigroup Inc., BlackRock Inc., Oregon Public Employees Retirement Fund, Prudential Financial Inc., Advisors Asset Management Inc., O Shaughnessy Asset Management LLC and BBT Capital Management LLC. 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 $10.89.

How big of a company is Gannett?

Gannett has a market capitalization of $1.25 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.

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:  198 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  405
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 3/21/2019 by MarketBeat.com Staff

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