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

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

Gannett declared a quarterly dividend on Wednesday, July 25th. Stockholders of record on Monday, September 10th will be given a dividend of $0.16 per share on Monday, September 24th. This represents a $0.64 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Friday, September 7th. View Gannett's Dividend History.

Gannett declared that its board has initiated a stock buyback program on Tuesday, May 8th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) posted its quarterly earnings results on Thursday, August, 9th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.10. The business earned $730.77 million during the quarter, compared to the consensus estimate of $739.17 million. Gannett had a net margin of 0.83% and a return on equity of 13.14%. The firm's revenue was down 5.6% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Gannett.

2 brokerages have issued 12 month target prices for Gannett's shares. Their predictions range from $10.00 to $17.00. On average, they expect Gannett's stock price to reach $13.50 in the next year. This suggests a possible upside of 26.5% from the stock's current price. View Analyst Price Targets 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.

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 Corp (Pre-Reincorporation) (AHC) and Rediff.com India (REDFY).

Media coverage about GCI stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gannett earned a media and rumor sentiment score of 0.10 on Accern's scale. They also assigned media headlines about the company an impact score of 46.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Gannett.

Gannett's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.83%), Dimensional Fund Advisors LP (8.17%), LSV Asset Management (4.48%), Bank of New York Mellon Corp (2.80%), Robeco Institutional Asset Management B.V. (2.03%) and Wells Fargo & Company MN (1.88%). 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 Advisors Asset Management Inc., Alambic Investment Management L.P., Schroder Investment Management Group, California Public Employees Retirement System, Spark Investment Management LLC, Renaissance Technologies LLC, Newport Trust Co and Lee Danner & Bass Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Millennium Management LLC, BlackRock Inc., Dimensional Fund Advisors LP, LSV Asset Management, North Star Investment Management Corp., Chicago Equity Partners LLC and Wells Fargo & Company MN. 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 $10.67.

Gannett has a market capitalization of $1.16 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]