Gannett Co., Inc. (GCI)

NYSE: GCI · Real-Time Price · USD
5.09
+0.18 (3.67%)
At close: Dec 20, 2024, 4:00 PM
5.08
-0.01 (-0.20%)
After-hours: Dec 20, 2024, 7:22 PM EST
3.67%
Market Cap 707.28M
Revenue (ttm) 2.56B
Net Income (ttm) -113.57M
Shares Out 138.95M
EPS (ttm) -0.80
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,051,714
Open 4.80
Previous Close 4.91
Day's Range 4.77 - 5.16
52-Week Range 1.95 - 5.93
Beta 2.55
Analysts Buy
Price Target 5.37 (+5.5%)
Earnings Date Feb 20, 2025

About 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 mar... [Read more]

Industry Publishing
Founded 1997
Employees 12,800
Stock Exchange NYSE
Ticker Symbol GCI
Full Company Profile

Financial Performance

In 2023, Gannett Co.'s revenue was $2.66 billion, a decrease of -9.57% compared to the previous year's $2.95 billion. Losses were -$27.79 million, -64.37% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GCI stock is "Buy." The 12-month stock price forecast is $5.37, which is an increase of 5.50% from the latest price.

Price Target
$5.37
(5.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Inaugural USA TODAY Movie Meter Announced

NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced its first-ever USA TODAY Movie Meter, a new platform that engages movie enthusiasts to rate which film deserv...

16 days ago - Business Wire

Gannett to Participate at the UBS Global Media and Communications Conference

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, and its Chief Finan...

19 days ago - Business Wire

Gannett Co., Inc. (GCI) Q3 2024 Earnings Call Transcript

Gannett Co., Inc. (GCI) Q3 2024 Earnings Call Transcript

7 weeks ago - Seeking Alpha

Gannett Announces Third Quarter 2024 Results & Updated Full Year Outlook

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the third quarter ended September 30, 2024. "We c...

7 weeks ago - Business Wire

Gannett Announces Expiration of Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today that its previously announced (a) offer to exchange (the “Exchange Offer”) any a...

7 weeks ago - Business Wire

Gannett Schedules Third Quarter 2024 Results

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the openi...

2 months ago - Business Wire

Gannett Announces Closing of Refinancing Transactions and Early Settlement of Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the initial closing of its previously announced debt refinancing transactions th...

2 months ago - Business Wire

Gannett Announces Results of Early Participation in Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the preliminary results of early participation in connection with its previously...

2 months ago - Business Wire

Gannett Commences Exchange Offer and Consent Solicitation

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) announced today that the Company and its wholly-owned subsidiary, Gannett Holdings LLC (“G...

3 months ago - Business Wire

Caren Bohan Appointed USA TODAY Editor in Chief

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced the promotion of Caren Bohan to USA TODAY Editor in Chief, overseeing USA TODAY Network's flagship national publication. He...

3 months ago - Business Wire

USA TODAY Launches Inaugural Wine Club

New York, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), today announced the launch of the USA TODAY Wine Club, a way for consumers who appreciate wine to discover local winema...

3 months ago - Business Wire

Gannett and BetMGM Announce Multi-Year Partnership

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced a multi-year strategic partnership with BetMGM, a leading sports betting and iGaming operator. As part of the agreement, Be...

3 months ago - Business Wire

Hot Chocolate Run 2024-2025 Series Announced

NEW YORK, NY--(BUSINESS WIRE)--Ventures Endurance, part of Gannett's (NYSE: GCI) USA TODAY NETWORK Ventures, today announced the USA TODAY branded 2024-2025 Hot Chocolate Run series. The run kicks off...

3 months ago - Business Wire

Gannett Announces Debt Repayment & Refinancing Update

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that from the beginning of the third quarter through the close of business...

3 months ago - Business Wire

LocaliQ Expands Online Search Offering

NEW YORK, NY--(BUSINESS WIRE)--LocaliQ Digital Marketing Solutions (DMS), part of Gannett Co., Inc. (NYSE: GCI), continues to expand its best-in-class solutions for small to mid-sized businesses. The ...

3 months ago - Business Wire

Gannett Announces Commitment Letter to Secure New Credit Facility to Refinance Existing Debt

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today it has entered into a commitment letter for a comprehensive debt refinancing tha...

4 months ago - Business Wire

Gannett beats claims of bias against white workers, for now

A federal judge in Virginia has tossed out a proposed class action accusing newspaper publisher Gannett of adopting diversity policies that had led to widespread discrimination against white employees...

4 months ago - Reuters

Inaugural USA TODAY Ad Meter Brand Spotlight Awards Gold Medal to Nike

NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the winners of the inaugural USA TODAY Ad Meter Brand Spotlight: Olympics Edition. With all eyes on the 2024 ...

4 months ago - Business Wire

Gannett Fleming and TranSystems Complete Merger, Creating New Leader in Infrastructure Consulting, and Announce CEO Transition

CAMP HILL, Pa. & KANSAS CITY, Mo.--(BUSINESS WIRE)--Gannett Fleming, a portfolio company of OceanSound Partners (“OceanSound”) and a leading engineering and infrastructure solutions provider, and Tran...

4 months ago - Business Wire

Gannett Co., Inc. (GCI) Q2 2024 Earnings Call Transcript

Gannett Co., Inc. (NYSE:GCI) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Matthew Esposito - Head-Investor Relations Michael Reed - Chairman and Chief Executive Off...

5 months ago - Seeking Alpha

USA Today parent Gannett's stock up after profit beats by a wide margin to offset a revenue miss

Gannett Co. Inc.'s stock GCI rose 2.7% early Thursday, after the USA Today publisher beat second-quarter profit estimates by a wide margin, offsetting a revenue miss. The company had net income of $13...

5 months ago - Market Watch

Gannett Announces Second Quarter 2024 Results and Reiterates Business Outlook

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the second quarter ended June 30, 2024. "We are p...

5 months ago - Business Wire

Gannett Schedules Second Quarter 2024 Results

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its second quarter 2024 financial results on Thursday, August 1, 2024, prior to the openin...

5 months ago - Business Wire

2024 USA TODAY Wine & Food Experience Tour Announced

NEW YORK, NY--(BUSINESS WIRE)--The 2024 USA TODAY Wine & Food Experience tour returns from September through November for a culinary journey in eight cities across the country. The USA TODAY Wine & Fo...

5 months ago - Business Wire

Gannett Digital Revenue On The Rise, But No Profits Yet

Gannett Digital Revenue On The Rise, But No Profits Yet

6 months ago - Seeking Alpha