NYSE:GCI - Gannett Stock Price, Forecast & News

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

Gannett announced a quarterly dividend on Wednesday, October 16th. Investors 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 9.71%. The ex-dividend date of this dividend is Thursday, October 31st. View Gannett's Dividend History.

Gannett declared that its board has authorized a share repurchase plan on Tuesday, May 8th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 8.1% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) released its quarterly earnings results on Monday, November, 4th. The company reported $0.12 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.09. The firm had revenue of $635.60 million for the quarter, compared to analysts' expectations of $670.56 million. Gannett had a negative net margin of 0.73% and a positive return on equity of 0.17%. The business's revenue for the quarter was down 10.7% compared to the same quarter last year. During the same period last year, the firm earned $0.20 earnings per share. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. 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.

Media coverage about GCI stock has trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gannett earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Gannett.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include TEGNA (TGNA), Energy Transfer LP Unit (ET), CA (CA), BlackRock (BLK), Ford Motor (F), AT&T (T), Endologix (ELGX), Chipotle Mexican Grill (CMG), Alliance Resource Partners (ARLP) and Chesapeake Energy (CHK).

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 $6.59.

Gannett has a market capitalization of $398.56 million and generates $1.53 billion in revenue each year. The company earns $18.20 million in net income (profit) each year or $0.39 on an earnings per share basis. Gannett employs 10,638 workers across the globe.View Additional Information About Gannett.

The official website for Gannett is http://www.newmediainv.com/.

Gannett's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The company can be reached via phone at 212-479-3160 or via email at [email protected]