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NYSE:GCI

Gannett (GCI) Stock Price, News & Analysis

$4.57
-0.22 (-4.59%)
(As of 09/6/2024 ET)
Today's Range
$4.52
$4.78
50-Day Range
$4.04
$5.78
52-Week Range
$1.66
$5.91
Volume
2.21 million shs
Average Volume
1.15 million shs
Market Capitalization
$674.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.37

Gannett MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.4% Upside
$5.37 Price Target
Short Interest
Healthy
11.64% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.37mentions of Gannett in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.85 out of 5 stars

Business Services Sector

156th out of 303 stocks

Newspapers Industry

3rd out of 4 stocks

GCI stock logo

About Gannett Stock (NYSE:GCI)

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions; commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.

GCI Stock Price History

GCI Stock News Headlines

Gannett Announces Debt Repayment & Refinancing Update
Gannett (NYSE:GCI) Stock Rating Lowered by Citigroup
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
When Will Gannett Co., Inc. (NYSE:GCI) Turn A Profit?
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Gannett Co. Q2 Earnings Summary
Gannett Reiterates Business Outlook
Here's what to expect from Gannett's earnings report
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Newspapers
Sub-Industry
Printing And Publishing
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.37
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+17.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-27,790,000.00
Pretax Margin
-2.91%

Debt

Sales & Book Value

Annual Sales
$2.60 billion
Cash Flow
$0.71 per share
Book Value
$1.69 per share

Miscellaneous

Free Float
140,613,000
Market Cap
$674.29 million
Optionable
Optionable
Beta
2.50
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Key Executives

  • Mr. Michael E. Reed (Age 58)
    Chairman, CEO & President
    Comp: $1.38M
  • Mr. Douglas Edward Horne (Age 53)
    CFO & Principal Financial Officer
    Comp: $1.03M
  • Ms. Cindy Gallagher (Age 45)
    Controller, Chief Accounting Officer & Principal Accounting Officer
  • Mr. Vincent Cirel
    Chief Technology Officer
  • Matthew Esposito
    Head of Investor Relations
  • Ms. Polly Grunfeld Sack Esq. (Age 64)
    Chief Legal/General Counsel
    Comp: $330k
  • Ms. Lark-Marie Anton
    Chief Communications Officer
  • Mr. Jay Fogarty (Age 57)
    Senior Vice President of Corporate Development
  • Mr. Jason Taylor
    Chief Sales Officer
  • Ms. Samantha Howland
    Chief People Officer

GCI Stock Analysis - Frequently Asked Questions

How have GCI shares performed this year?

Gannett's stock was trading at $2.30 on January 1st, 2024. Since then, GCI stock has increased by 98.7% and is now trading at $4.57.
View the best growth stocks for 2024 here
.

How were Gannett's earnings last quarter?

Gannett Co., Inc. (NYSE:GCI) issued its quarterly earnings data on Thursday, August, 1st. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.25. The business earned $639.84 million during the quarter. Gannett had a negative net margin of 3.71% and a negative trailing twelve-month return on equity of 17.12%.

Who are Gannett's major shareholders?

Top institutional shareholders of Gannett include D. E. Shaw & Co. Inc. (3.51%), Dimensional Fund Advisors LP (3.37%), Acadian Asset Management LLC (1.54%) and Troluce Capital Advisors LLC (1.27%). Insiders that own company stock include Michael Reed, Laurence Tarica and John Jeffry Louis.
View institutional ownership trends
.

How do I buy shares of Gannett?

Shares of GCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gannett own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gannett investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), Matinas BioPharma (MTNB) and

This page (NYSE:GCI) was last updated on 9/7/2024 by MarketBeat.com Staff

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