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

Gannett declared that its board has initiated a stock buyback program 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 stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

Gannett (NYSE:GCI) issued its quarterly earnings results on Monday, May, 7th. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.10. The company earned $722.95 million during the quarter, compared to the consensus estimate of $721.63 million. Gannett had a net margin of 0.28% and a return on equity of 12.59%. The company's revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the business 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), TheStreet (TST), A. H. Belo (AHC) and Rediff.com India (REDFY).

News stories about GCI stock have trended somewhat positive on Friday, according to Accern Sentiment. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gannett earned a daily sentiment score of 0.04 on Accern's scale. They also gave media coverage about the company an impact score of 45.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Gannett's stock is owned by a number of of institutional and retail 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 $1.21 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]