NYSE:GCI - Gannett Stock Price, Forecast & News

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

Gannett announced a quarterly dividend on Wednesday, October 16th. Shareholders 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 yield of 15.24%. The ex-dividend date of this dividend is Thursday, October 31st. View Gannett's Dividend History.

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

Gannett Co Inc (NYSE:GCI) posted its quarterly earnings data 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 analysts' expectations of $670.56 million. Gannett had a negative net margin of 6.42% and a positive return on equity of 11.37%. The company's quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 earnings per share. View Gannett's Earnings History.

Gannett is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 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.

Press coverage about GCI stock has trended very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gannett earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days. 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 daily trading volume, of 2,020,000 shares, the short-interest ratio is presently 12.5 days. Approximately 22.4% of the shares of the stock are sold short. 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), CA (CA) and Netflix (NFLX).

Gannett's stock is owned by many different of institutional and retail 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 $4.20.

Gannett has a market capitalization of $254.02 million and generates $1.87 billion in revenue each year. The company earns $18.20 million in net income (profit) each year or $1.54 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]