NYSE:GCI - Gannett Stock Price, News, Headlines & Rumors

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

Gannett announced a quarterly dividend on Wednesday, July 25th. Shareholders 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 dividend on an annualized basis and a yield of 6.23%. The ex-dividend date of this dividend is Friday, September 7th. View Gannett's Dividend History.

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.

Gannett Co Inc (NYSE:GCI) announced its earnings results on Thursday, August, 9th. The company reported $0.31 earnings per share for the quarter, topping 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 return on equity of 13.14% and a net margin of 0.83%. The company's quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the company posted $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 Wall Street analysts have issued 1 year target prices for Gannett's stock. Their forecasts range from $10.00 to $17.00. On average, they anticipate Gannett's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 31.3% 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 positive on Wednesday, according to Accern Sentiment. Accern ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gannett earned a coverage optimism score of 0.33 on Accern's scale. They also gave media headlines about the company an impact score of 43.90 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company'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 shareholders 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 Alambic Investment Management L.P., Spark Investment Management LLC, Renaissance Technologies LLC, Newport Trust Co, Lee Danner & Bass Inc., Mackay Shields LLC, Bank of America Corp DE and BlueMountain Capital Management LLC. 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 acquired 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 $10.28.

Gannett has a market capitalization of $1.15 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]