Gannett Co., Inc. (GCI)

NYSE: GCI · IEX Real-Time Price · USD
3.90
-0.04 (-1.02%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap571.70M
Revenue (ttm)3.18B
Net Income (ttm)4.39M
Shares Out146.59M
EPS (ttm)-1.00
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume1,011,468
Open3.90
Previous Close3.94
Day's Range3.89 - 4.00
52-Week Range3.64 - 7.05
Beta2.49
AnalystsSell
Price Target4.46 (+14.4%)
Earnings DateMay 5, 2022

About GCI

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 230 daily print media with total paid circulation of approximately 1.9 million and Sunday circulation of 2.2 million; 249 weekly print media with total circulation of approximately 1.4 million; and 292 locally-focused websites. Its principal products also comprise 123 daily and weekly news media brands and approximately 80 magazines, and...

IndustryPublishing
Founded1997
CEOPaul Bascobert
Employees16,300
Stock ExchangeNYSE
Ticker SymbolGCI
Full Company Profile

Financial Performance

In 2021, Gannett Co.'s revenue was $3.21 billion, a decrease of -5.80% compared to the previous year's $3.41 billion. Losses were -$134.96 million, -79.87% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GCI stock is "Sell." The 12-month stock price forecast is 4.46, which is an increase of 14.36% from the latest price.

Price Target
$4.46
(14.36% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Gannett to Present at the 17th Annual Needham Technology & Media Conference

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) today announced that it will present virtually at the 17th Annual Needham Technology & Media ...

1 week ago - Business Wire

Why Gannett Shares Are Sliding Today

Gannett Co Inc (NYSE: GCI) reported a first-quarter FY22 sales decline of 3.7% year-on-year to $748.08 billion, missing the consensus of $754.90 million. Same-store revenues decreased 2.5%.

2 weeks ago - Benzinga

USA TODAY parent Gannett reports narrower loss and revenue that slipped, while digital revenue increased

USA TODAY-parent Gannett Co. Inc. GCI, +3.19% reported Thursday a net loss that narrowed sharply and revenue that fell slightly, as digital revenue increased with digital-only paid subscribers jumping 4...

2 weeks ago - Market Watch

Gannett Announces First Quarter 2022 Results

MCLEAN, Va.--(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, 2022. “The first q...

2 weeks ago - Business Wire

2 Underperforming Stocks to Consider Reducing

Shareholders of Gannett Co. Inc. ( GCI , Financial) and Phibro Animal Health Corp. ( PAHC , Financial) have seen their stocks fall dramatically over the past year, significantly underperforming the S&P ...

Other symbols:PAHC
3 weeks ago - GuruFocus

Gannett Schedules First Quarter 2022 Results

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, the “Company”) (NYSE: GCI) announced today that it will release its first quarter 2022 financial results on Thursday, May 5, 2022, prior to th...

3 weeks ago - Business Wire

Gannett Announces Nomination of Independent Director 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 nominated Amy Reinhard, Vice President, Studio Op...

1 month ago - Business Wire

USA TODAY NETWORK Ventures Announces Former PGA Player Colt Knost as Host of Legends Party at the Masters

MCLEAN, Va.--(BUSINESS WIRE)--The Legends Party presented by USA TODAY NETWORK Ventures and Golfweek, is embracing one of the biggest golf events of the year to provide a culturally relevant moment in A...

1 month ago - Business Wire

Gannett and USA TODAY Announce 2022 America Talks Program

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI) today announced the second installment of America Talks, a thought-provoking event that connects people of different backgr...

2 months ago - Business Wire

USA TODAY Announces 2022 Women of the Year Honorees

McLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced the 2022 Women of the Year honorees in conjunction with a celebratory, multi-platform project recognizing women ...

2 months ago - Business Wire

Gannett Publishes Inaugural Environmental, Social & Governance Report

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today published its inaugural 2022 environmental, social and governance (ESG) report detailing the alignment of its efforts across the company...

2 months ago - Business Wire

Gannett Issues Statement in Response to Wall Street Journal Story Regarding Advertising Data

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today issued a response to a story published by the Wall Street Journal (WSJ) on March 8 that implies Gannett intentionally shared inaccurate ...

2 months ago - Business Wire

The Wall Street Journal: Newspaper publisher Gannett gave advertisers inaccurate information for months

Publishing company Gannett Co. provided inaccurate information to advertisers for nine months, misrepresenting where billions of ads were placed, according to researchers who provided their findings exc...

2 months ago - Market Watch

Ventures Endurance & Warner Bros. Consumer Products Announce DC Super Hero Run Series at Participating Six Flags Them...

MCLEAN, Va.--(BUSINESS WIRE)--Ventures Endurance, part of Gannett's USA TODAY NETWORK Ventures, in partnership with Warner Bros. Consumer Products and DC announced the first in-person DC Super Hero Run ...

2 months ago - Business Wire

Wall Street Is Sleeping on This Stock. Now Is a Good Time to Buy

Saddled with debt, this news business is transitioning into a profitable, digital-first company.

2 months ago - The Motley Fool

Gannett to Participate in a Fireside Chat at the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, will participate...

2 months ago - Business Wire

Gannett Stock Slides After Q4 Top-Line Miss; Expects To Exceed 2M Paid Digital Subscribers This Year

Gannett Co Inc (NYSE: GCI) reported a fourth-quarter FY21 sales decline of 5.6% year-on-year, to $826.54 million, missing the consensus of $838.25 million. Same-store revenues decreased 4.3%.

2 months ago - Benzinga

UPDATE: USA Today parent Gannett posts Q4 loss, shares slide 11% premarket

Shares of USA Today parent Gannett Co. Inc. GCI, -3.80% slid 11% in premarket trade Thursday, caught up in the downdraft created by Russia's invasion of Ukraine, and after earnings fell short of estimat...

2 months ago - Market Watch

Gannett Announces Fourth Quarter 2021 Results

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, 2021. "During ...

2 months ago - Business Wire

Rocket Homes and Rocket Mortgage's “Dream House with Anna Kendrick and Barbie” Wins USA TODAY's 34th Annual Ad Meter ...

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced Rocket Homes and Rocket Mortgage's “Dream House with Anna Kendrick and Barbie” was rated the winning commercial ...

3 months ago - Business Wire

Gannett Schedules Fourth Quarter 2021 Results

MCLEAN, Va.--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, the “Company”) (NYSE: GCI) announced today that it will release its fourth quarter 2021 financial results on Thursday, February 24, 2022, prio...

3 months ago - Business Wire

USA TODAY NETWORK Ventures Announces Rob Gronkowski as Host of NFL Alumni Legends Party

MCLEAN, Va.--(BUSINESS WIRE)--The NFL Alumni Legends Party presented by USA TODAY NETWORK Ventures, will be hosted by Super Bowl Champion Rob Gronkowski on February 11 at the historic Avalon nightclub i...

3 months ago - Business Wire

USA TODAY Launches 34th Ad Meter Competition

MCLEAN, Va.--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), launched the 34th annual Ad Meter competition. Since its inception in 1989, Ad Meter has become the industry's leading too...

3 months ago - Business Wire

Gannett Launches Share Buyback Up To $100M; Amends Credit Agreement

Gannett Co Inc's (NYSE: GCI) board authorized a share buyback of up to $100 million. Gannett's existing five-year senior secured credit agreement will provide for an incremental term loan not exceeding ...

3 months ago - Benzinga

Why Shares of Gannett Are Rising Today

The company announced it has authorized a share repurchase program.

3 months ago - The Motley Fool