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

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

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.

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.

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.

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

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.

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.

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.

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.

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.

One share of GCI stock can currently be purchased for approximately $10.60.

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.

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]