NYSE:GCI - Gannett Stock Price, Forecast & News

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

Gannett declared a quarterly dividend on Wednesday, October 16th. Investors of record on Friday, November 1st will be given a dividend of $0.16 per share on Tuesday, November 12th. This represents a $0.64 annualized dividend and a dividend yield of 15.38%. The ex-dividend date of this dividend is Thursday, October 31st. View Gannett's Dividend History.

Gannett announced that its board has initiated a stock repurchase plan on Tuesday, May 8th 2018, which permits the company to buyback $100,000,000.00 in 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 plans are usually a sign that the company's board believes its shares are undervalued.

Gannett Co Inc (NYSE:GCI) announced its quarterly earnings results on Monday, November, 4th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.09. The firm earned $635.60 million during the quarter, compared to analyst estimates of $670.56 million. Gannett had a negative net margin of 0.73% and a positive return on equity of 0.17%. Gannett's quarterly revenue was down 10.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 EPS. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Wednesday, April 29th 2020. View Earnings Estimates for Gannett.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gannett.

Media headlines about GCI stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gannett earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Gannett.

Gannett saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 25,250,000 shares, an increase of 9.4% from the January 15th total of 23,070,000 shares. Based on an average trading volume of 2,020,000 shares, the short-interest ratio is currently 12.5 days. Approximately 22.4% of the shares of the company are short sold. View Gannett's Current Options Chain.

Some companies that are related to Gannett include Tribune Publishing (TPCO), Daily Journal (DJCO), New Media Investment Group (NEWM), Lee Enterprises (LEE), A. H. Belo (AHC), The McClatchy (MNIQQ) and Rediff.com India (REDFY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gannett investors own include TEGNA (TGNA), AMC Entertainment (AMC), Energy Transfer LP Unit (ET), AT&T (T), Washington Prime Group (WPG), Endologix (ELGX), Metlife (MET), Walt Disney (DIS), Ford Motor (F) and CA (CA).

Gannett's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Arizona State Retirement System (0.14%). Company insiders that own Gannett stock include Alison K Engel, Andrew T Yost, Barbara W Wall, Maria M Miller 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 Arizona State Retirement System. 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, Robinhood, Fidelity and Charles Schwab.

One share of GCI stock can currently be purchased for approximately $4.16.

Gannett has a market capitalization of $251.60 million and generates $1.53 billion in revenue each year. The company earns $18.20 million in net income (profit) each year or $0.39 on an earnings per share basis. Gannett employs 10,638 workers across the globe.View Additional Information About Gannett.

The official website for Gannett is http://www.newmediainv.com/.

Gannett's mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The company can be reached via phone at 212-479-3160 or via email at [email protected]