NYSE:GCIGannett Stock Price, Forecast & News

Gannett's stock was trading at $3.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GCI stock has decreased by 65.4% and is now trading at $1.21. View which stocks have been most impacted by Coronavirus.

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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gannett.

Gannett is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Gannett.

Gannett Co Inc (NYSE:GCI) announced its quarterly earnings data on Thursday, May, 7th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by $0.18. The business had revenue of $948.68 million for the quarter, compared to analyst estimates of $976.21 million. Gannett had a positive return on equity of 4.93% and a negative net margin of 7.86%. View Gannett's earnings history.

Gannett declared a quarterly dividend on Wednesday, October 16th. Stockholders of record on Friday, November 1st will be given a dividend of $0.16 per share on Tuesday, November 12th. This represents a $0.64 dividend on an annualized basis and a yield of 52.89%. The ex-dividend date is Thursday, October 31st. View Gannett's dividend history.

2 brokers have issued twelve-month target prices for Gannett's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Gannett's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 313.2% from the stock's current price. View analysts' price targets for Gannett.

Media headlines about GCI stock have trended very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gannett earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Gannett.

Some companies that are related to Gannett include Daily Journal (DJCO), Tribune Publishing (TPCO), New Media Investment Group (NEWM), Lee Enterprises (LEE), A. H. Belo (AHC), The McClatchy (MNIQQ) and Rediff.com India (REDFY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), AMC Entertainment (AMC), NGL Energy Partners (NGL), Washington Prime Group (WPG), Golar LNG Partners (GMLP), Chesapeake Energy (CHK), EnLink Midstream (ENLC), CBL & Associates Properties (CBL) and Pennsylvania R.E.I.T. (PEI).

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

Gannett's stock is owned by many different retail and institutional investors. Top institutional shareholders include Everence Capital Management Inc. (0.10%), Envestnet Asset Management Inc. (0.08%) and Everence Capital Management Inc. (0.01%). Company insiders that own Gannett stock include Andrew T Yost, John Jeffry Louis, Laurence Tarica, Maria M Miller, Michael Reed and Walker Henry K Faure. View institutional ownership trends for Gannett.

GCI stock was acquired by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., Envestnet Asset Management Inc., and Everence Capital Management Inc.. Company insiders that have bought Gannett stock in the last two years include John Jeffry Louis, Laurence Tarica, Maria M Miller, and Michael Reed. View insider buying and selling activity 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 $1.21.

Gannett has a market capitalization of $159.84 million and generates $1.87 billion in revenue each year. The company earns $-119,840,000.00 in net income (profit) each year or $1.54 on an earnings per share basis. Gannett employs 21,255 workers across the globe.

The official website for Gannett is www.newmediainv.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]