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

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$10.68 +0.17 (+1.62 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$10.68
Today's Range$10.42 - $10.7050
52-Week Range$7.94 - $12.38
Volume714,157 shs
Average Volume1.24 million shs
Market Capitalization$1.17 billion
P/E Ratio10.37
Dividend Yield6.18%
Beta0.99
Gannett logoGannett Co., Inc. operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. The company offers print and digital daily and non-daily publications under the USA TODAY NETWORK brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 170 news brands and 80 magazines in the United Kingdom. Gannett Co., Inc. operations comprise 130 daily publications and digital platforms the United States and the United Kingdom; and 435 non-daily publications in the United States and 159 such titles in the United Kingdom. It also provides commercial printing, distribution, marketing, and data services; and owns s1 and Exchange & Mart businesses, and a specialist magazine business. In addition, the company offers digital marketing solutions comprising ReachSearch, ReachDisplay, ReachSocial Ads, and ReachRetargeting digital advertising solutions; ReachSite+ReachEdge, ReachSEO, ReachCast, ReachListings, and TotalLiveChat Web presence solutions; and ReachEdge, a marketing automation platform, as well as Kickserv, a cloud-based business management software for service businesses. The company offers its suite of products and solutions to local businesses through its proprietary technology platform, its sales force, and third-party agencies and resellers. It also operates in Canada, Australia, New Zealand, Japan, Germany, Austria, Brazil, and Mexico. The company was formerly known as Gannett SpinCo, Inc. and changed its name to Gannett Co., Inc. in May 2015. Gannett Co., Inc. was incorporated in 2014 and is headquartered in McLean, Virginia.

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Industry, Sector and Symbol

Industry Newspapers
Sub-IndustryN/A
SectorConsumer Staples
SymbolNYSE:GCI
CUSIPN/A
Phone703-854-6000

Debt

Debt-to-Equity Ratio0.30
Current Ratio1.16
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio10.37
Forward P/E Ratio10.37
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.38
Cash Flow$2.8710 per share
Price / Cash3.72
Book Value$9.10 per share
Price / Book1.17

Profitability

EPS (Most Recent Fiscal Year)$1.03
Net Income$6.88 million
Net Margins0.28%
Return on Equity12.59%
Return on Assets4.48%

Miscellaneous

Employees15,300
Outstanding Shares112,930,000

Gannett (NYSE:GCI) Frequently Asked Questions

What is Gannett's stock symbol?

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

How often does Gannett pay dividends? What is the dividend yield for Gannett?

Gannett announced a quarterly dividend on Tuesday, May 8th. Shareholders 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 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date of this dividend is Friday, June 8th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett declared that its Board of Directors has initiated a share buyback program on Tuesday, May 8th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.

How were Gannett's earnings last quarter?

Gannett (NYSE:GCI) announced its earnings results on Monday, May, 7th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.10. The business earned $722.95 million during the quarter, compared to the consensus estimate of $721.63 million. Gannett had a return on equity of 12.59% and a net margin of 0.28%. The company's quarterly revenue was down 6.5% on a year-over-year basis. During the same quarter last year, the company posted $0.14 EPS. View Gannett's Earnings History.

Who are some of Gannett's key competitors?

Who are Gannett's key executives?

Gannett's management team includes the folowing people:
  • Mr. Robert J. Dickey, Pres & CEO (Age 61)
  • Ms. Alison K. Engel, Sr. VP, Treasurer & CFO (Age 47)
  • Ms. Barbara W. Wall, Sr. VP & Chief Legal Officer (Age 63)
  • Ms. Sharon T. Rowlands, Pres of USA Today Network Marketing Solutions & CEO of Reachlocal (Age 59)
  • Mr. Jamshid Khazenie, Chief Technology Officer (Age 55)

Has Gannett been receiving favorable news coverage?

Media coverage about GCI stock has trended positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news 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 0.43 on Accern's scale. They also gave media coverage about the company an impact score of 48.26 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Gannett's major shareholders?

Gannett's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling Gannett stock?

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.

Which institutional investors are buying Gannett stock?

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.

How do I buy shares of 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.

What is Gannett's stock price today?

One share of GCI stock can currently be purchased for approximately $10.68.

How big of a company is Gannett?

Gannett has a market capitalization of $1.17 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.

How can I contact Gannett?

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]


MarketBeat Community Rating for Gannett (GCI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  286
MarketBeat's community ratings are surveys of what our community members think about Gannett and other stocks. Vote "Outperform" if you believe GCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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