Gannett Co., Inc. (GCI)

NYSE: GCI · IEX Real-Time Price · USD
4.800
+0.110 (2.35%)
At close: Jul 2, 2024, 4:00 PM
4.680
-0.120 (-2.50%)
After-hours: Jul 2, 2024, 7:29 PM EDT
2.35%
Market Cap 708.23M
Revenue (ttm) 2.63B
Net Income (ttm) -37.95M
Shares Out 147.55M
EPS (ttm) -0.87
PE Ratio n/a
Forward PE 42.56
Dividend n/a
Ex-Dividend Date n/a
Volume 1,295,441
Open 4.690
Previous Close 4.690
Day's Range 4.570 - 4.860
52-Week Range 1.660 - 4.880
Beta 2.44
Analysts Buy
Price Target 4.87 (+1.46%)
Earnings Date Aug 1, 2024

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 $4.87, which is an increase of 1.46% from the latest price.

Price Target
$4.87
(1.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gannett Has 'Several Catalysts For Digital Growth And Margin Expansion,' Says Bullish Analyst

Gannett Co Inc GCI shares were climbing in early trading on Monday.

1 day ago - Benzinga

SEICON 2024 -- THE SPORTS, ENTERTAINMENT & INNOVATION CONFERENCE, ANNOUNCES USA TODAY SPORTS AS PRESENTING SPONSOR

LAS VEGAS , June 13, 2024 /PRNewswire/ --  SEICon LLC , a first-of-its-kind conference featuring 120 thought leaders and subject matter experts from the sports, entertainment, and innovation sectors, ...

19 days ago - PRNewsWire

Inside the Game TV Partners with USA Today Channel

ITGtv's Gaming Shows to Stream on USA TODAY's OTT Platform, Reaching Millions of Viewers Across Multiple Devices ITGtv's Gaming Shows to Stream on USA TODAY's OTT Platform, Reaching Millions of Viewer...

4 weeks ago - GlobeNewsWire

Gannett to Present at the 19th Annual Needham Technology, Media, & Consumer Conference

NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 19th Annual Needham Technology, Media, & C...

7 weeks ago - Business Wire

Gannett Announces First 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 first quarter ended March 31, 2024. "Our firs...

2 months ago - Business Wire

Gannett Schedules First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, prior to the opening of the...

2 months ago - Business Wire

Gannett Announces Nomination of Independent Candidate to Board of Directors

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor f...

3 months ago - Business Wire

Gannett Announces Further Debt Reduction

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it will repurchase approximately $13.0 million of 6.00% first lien notes du...

3 months ago - Business Wire

Gannett Fleming Acquires Texas-Based Water & Transportation Engineering Company DEC

CAMP HILL, Pa.--(BUSINESS WIRE)-- #acquisition--Gannett Fleming Acquires Texas-Based Water & Transportation Engineering Company DEC.

3 months ago - Business Wire

LocaliQ Achieves SOC 2 Type II Compliance Certification

MCLEAN, Va.--(BUSINESS WIRE)--LocaliQ, Gannett Co., Inc.'s (NYSE: GCI) Digital Marketing Solutions (DMS) business, successfully achieved Service Organization Controls (SOC) 2 Type II audit and certifi...

4 months ago - Business Wire

Gannett to Participate at Deutsche Bank 32nd Annual Media, Internet, & Telecom Conference

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chief Financial Officer, Doug Horne, will participate at the following c...

4 months ago - Business Wire

USA TODAY Announces the 2024 Women of the Year in Honor of Women's History Month

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the 2024 Women of the Year honorees who are using their influence to empower women to lead the next generation...

4 months ago - Business Wire

Monica Richardson Appointed USA TODAY Senior Vice President

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced Monica R. Richardson will join Gannett to lead USA TODAY's award-winning newsroom as Senior Vice President effective April 1...

4 months ago - Business Wire

Gannett Announces 2023 Results and Business Outlook

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2023. "In 20...

4 months ago - Business Wire

State Farm Wins USA TODAY's 36th Annual Ad Meter Competition

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced State Farm, the largest property, casualty, and auto insurance provider in the United States, the winner of th...

5 months ago - Business Wire

Gannett Schedules Fourth Quarter 2023 Results

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”) (NYSE: GCI) announced today that it will release its fourth quarter 2023 financial results on Thursday, February 22, 2024, prior to the open...

5 months ago - Business Wire

Gannett Statement Regarding Defamation Verdict

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) was named as a defendant in a lawsuit titled Scott O. Sapulpa v. Gannett Co., Inc. in District Court in the State of Oklahoma. Following a t...

5 months ago - Business Wire

USA TODAY's 36th Ad Meter Competition Opens

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), officially launched the 36th annual Ad Meter competition, the industry's leading opinion tool for gauging public sentime...

5 months ago - Business Wire

Gannett and Big Ten Conference Announce Media Partnership

McLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) and the USA TODAY Network today announced a multi-year agreement to become the official content partner of the Big Ten Conference, the oldes...

5 months ago - Business Wire

USA TODAY NETWORK Ventures Announces 2024 Legends Party With NFL Alumni Legends

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY NETWORK Ventures, part of Gannett Co., Inc. (NYSE: GCI) announces The Legends Party, in partnership with the National Football League Alumni Association and USA...

5 months ago - Business Wire

Gannett to Present at the 26th Annual Needham Growth Conference

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 26th Annual Needham Growth Conference on Fr...

6 months ago - Business Wire

Gannett Joins LOT Network to Protect Digital Asset Products from Patent Litigation

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced joining LOT Network, the largest patent licensing platform and non-profit community of global companies working to protect i...

7 months ago - Business Wire

Gannett Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced the company received a perfect score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CE...

7 months ago - Business Wire

Gannett moves to toss white workers' challenge to diversity goals

Gannett has asked a U.S. judge to dismiss a proposed class action accusing the newspaper publisher of discriminating against white employees in an effort to diversify its newsrooms.

7 months ago - Reuters

Gannett to Participate at the UBS Global Media and Communications Conference

MCLEAN, Va.--(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 Financ...

8 months ago - Business Wire