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

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$10.12 -0.03 (-0.30 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$10.15
Today's Range$10.10 - $10.30
52-Week Range$7.94 - $12.38
Volume29,215 shs
Average Volume1.03 million shs
Market Capitalization$1.16 billion
P/E Ratio9.83
Dividend Yield6.24%
Beta0.98
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

Stock Exchange NYSE
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 Ratio9.83
Forward P/E Ratio9.83
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.36
Cash Flow$2.7425 per share
Price / Cash3.69
Book Value$9.10 per share
Price / Book1.11

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
Market Cap$1,158.66

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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 declared a quarterly dividend on Tuesday, May 8th. Shareholders 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 6.32%. The ex-dividend date is Friday, June 8th. View Gannett's Dividend History.

How will Gannett's stock buyback program work?

Gannett announced that its board has initiated a stock buyback program on Tuesday, May 8th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 8.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were Gannett's earnings last quarter?

Gannett Co Inc (NYSE:GCI) released its quarterly earnings data on Monday, May, 7th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.10. The firm 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 business's revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.14 earnings per share. View Gannett's Earnings History.

When is Gannett's next earnings date?

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

What price target have analysts set for GCI?

2 brokerages have issued 1 year price objectives for Gannett's stock. Their forecasts range from $10.00 to $15.00. On average, they expect Gannett's stock price to reach $12.50 in the next year. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Ratings for Gannett.

What is the consensus analysts' recommendation 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."

Are investors shorting Gannett?

Gannett saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 18,788,800 shares, an increase of 23.9% from the May 31st total of 15,158,501 shares. Based on an average daily trading volume, of 1,496,419 shares, the days-to-cover ratio is presently 12.6 days. Approximately 16.8% of the shares of the company are short sold. View Gannett's Current Options Chain.

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?

News headlines about GCI stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gannett earned a daily sentiment score of 0.13 on Accern's scale. They also gave news headlines about the company an impact score of 45.04 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Gannett's major shareholders?

Gannett's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.15%). 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 major investors are buying Gannett stock?

GCI stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 $10.12.

How big of a company is Gannett?

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.

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 (NYSE GCI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  313
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 7/17/2018 by MarketBeat.com Staff

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