Should I buy or sell Gannett stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GCI shares. View GCI analyst ratings or view top-rated stocks .

What is Gannett's stock price target for 2024?

1 analysts have issued twelve-month price objectives for Gannett's shares. Their GCI share price targets range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next year. This suggests a possible upside of 100.0% from the stock's current price. View analysts price targets for GCI or view top-rated stocks among Wall Street analysts .

How have GCI shares performed in 2024?

Gannett's stock was trading at $2.30 at the beginning of the year. Since then, GCI stock has increased by 8.7% and is now trading at $2.50. View the best growth stocks for 2024 here .

When is Gannett's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our GCI earnings forecast .

How were Gannett's earnings last quarter?

Gannett Co., Inc. (NYSE:GCI) released its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm earned $669.41 million during the quarter. Gannett had a negative net margin of 1.04% and a negative trailing twelve-month return on equity of 12.70%.

What other stocks do shareholders of Gannett own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , Gran Tierra Energy (GTE) , CNBX Pharmaceuticals (CNBX) , New Residential Investment (NRZ) and ADMA Biologics (ADMA) .

Who are Gannett's major shareholders?

Gannett's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (0.33%). Insiders that own company stock include John Jeffry Louis, Laurence Tarica , Michael Reed and Theodore Peter Janulis. 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 .

NYSE:GCI

Gannett (GCI) Stock Price, News & Analysis

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$2.57

+0.07 (+2.80%)

(As of 11:03 AM ET)

Compare

Today's Range: $2.42
▼
$2.58
50-Day Range: $1.97
▼
$2.51
52-Week Range: $1.62
▼
$3.60

Volume: 448,733 shs
Average Volume: 674,582 shs
Market Capitalization: $382.44 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.00

Get Gannett alerts:

Gannett MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 100.0% Upside
$5.00 Price Target
Short Interest: Bearish
12.85% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.95
Upright™ Environmental Score
News Sentiment: 0.00
Based on 4 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.

2.71 out of 5 stars

Business Services Sector

169th out of 306 stocks

Newspapers Industry

3rd out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
Gannett has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Gannett has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
12.85% of the float of Gannett has been sold short.
Short Interest Ratio / Days to Cover
Gannett has a short interest ratio ("days to cover") of 24.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Gannett has recently decreased by 1.55%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Gannett does not currently pay a dividend.
Dividend Growth
Gannett does not have a long track record of dividend growth.

4.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Gannett has received a 55.41% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Online news magazines", "Printed news magazine", and "Online tabloid magazines" products. See details.
Environmental Sustainability
The Environmental Impact score for Gannett is -0.95.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 4 news articles for Gannett this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gannett insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.30% of the stock of Gannett is held by insiders.
Percentage Held by Institutions
76.71% of the stock of Gannett is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gannett is -12.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gannett is -12.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Gannett has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

GCI Stock News Headlines

April 18, 2024 | businesswire.com

Gannett Schedules First Quarter 2024 Results

April 17, 2024 | finance.yahoo.com

Gannett Co., Inc. (GCI)

April 19, 2024 | InvestorPlace (Ad)

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April 14, 2024 | americanbankingnews.com

Reviewing Torstar (OTCMKTS:TORSF) & Gannett (NYSE:GCI)

April 13, 2024 | americanbankingnews.com

Gannett (NYSE:GCI) Stock Crosses Above Fifty Day Moving Average of $2.21

April 9, 2024 | finance.yahoo.com

Shareholders in Gannett (NYSE:GCI) are in the red if they invested five years ago

March 30, 2024 | bizjournals.com

Gannett CEO’s total pay rose 14% in 2023 as median employee pay fell

March 29, 2024 | businesswire.com

Gannett Announces Nomination of Independent Candidate to Board of Directors

April 19, 2024 | InvestorPlace (Ad)

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March 26, 2024 | markets.businessinsider.com

Gannett To Repurchase Around $13 Mln Of 6% 2026 Senior Notes

March 26, 2024 | businesswire.com

Gannett Announces Further Debt Reduction

March 20, 2024 | finance.yahoo.com

Gannett Co., Inc.'s (NYSE:GCI) Path To Profitability

March 20, 2024 | marketwatch.com

Gannett, McClatchy newspaper chains will stop using Associated Press content

March 18, 2024 | businesswire.com

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

March 16, 2024 | finance.yahoo.com

GCI Oct 2024 2.000 call

March 13, 2024 | bizjournals.com

Milwaukee Journal Sentinel print circulation down in double digits as online readership grows

March 13, 2024 | msn.com

OpenAI signs deals with Le Monde, Prisa Media to train AI, offer content on ChatGPT

March 6, 2024 | bizjournals.com

Gannett is leaving Northern Virginia

March 4, 2024 | businesswire.com

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

March 4, 2024 | businesswire.com

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

February 29, 2024 | finance.yahoo.com

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

February 29, 2024 | businesswire.com

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

February 28, 2024 | markets.businessinsider.com

Compass Point Reaffirms Their Buy Rating on Gannett (GCI)

February 25, 2024 | msn.com

Travis Kelce Reportedly Leaves Australia After 2-Day Trip With Taylor Swift

February 23, 2024 | businesswire.com

Monica Richardson Appointed USA TODAY Senior Vice President

February 23, 2024 | finance.yahoo.com

Gannett Co., Inc. (NYSE:GCI) Q4 2023 Earnings Call Transcript

February 22, 2024 | markets.businessinsider.com

Gannett Co. Q4 Earnings Summary

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Newspapers
Sub-Industry: N/A
Current Symbol: NYSE:GCI
CUSIP: N/A
CIK: 1635718
Web: www.newmediainv.com
Phone: 703-854-6000
Fax: N/A
Employees: 10,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.00
High Stock Price Target: $5.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +96.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-27,790,000.00
Net Margins: -1.04%
Pretax Margin: -0.23%
Return on Equity: -12.70%
Return on Assets: -1.81%

Debt

Debt-to-Equity Ratio: 3.09
Current Ratio: 0.83
Quick Ratio: 0.78

Sales & Book Value

Annual Sales: $2.66 billion
Price / Sales: 0.14
Cash Flow: $0.86 per share
Price / Cash Flow: 2.96
Book Value: $2.13 per share
Price / Book: 1.19

Miscellaneous

Outstanding Shares: 148,810,000
Free Float: 142,415,000
Market Cap: $377.98 million
Optionable: Optionable
Beta: 2.33

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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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GCI Stock Analysis - Frequently Asked Questions

Should I buy or sell Gannett stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gannett in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GCI shares.
View GCI analyst ratings or view top-rated stocks.
What is Gannett's stock price target for 2024?: 1 analysts have issued twelve-month price objectives for Gannett's shares. Their GCI share price targets range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next year. This suggests a possible upside of 100.0% from the stock's current price.
View analysts price targets for GCI or view top-rated stocks among Wall Street analysts.
How have GCI shares performed in 2024?: Gannett's stock was trading at $2.30 at the beginning of the year. Since then, GCI stock has increased by 8.7% and is now trading at $2.50.
View the best growth stocks for 2024 here.
When is Gannett's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our GCI earnings forecast.

How were Gannett's earnings last quarter?: Gannett Co., Inc. (NYSE:GCI) released its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm earned $669.41 million during the quarter. Gannett had a negative net margin of 1.04% and a negative trailing twelve-month return on equity of 12.70%.
What other stocks do shareholders of Gannett own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Gran Tierra Energy (GTE), CNBX Pharmaceuticals (CNBX), New Residential Investment (NRZ) and ADMA Biologics (ADMA).
Who are Gannett's major shareholders?: Gannett's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Silverberg Bernstein Capital Management LLC (0.33%). Insiders that own company stock include John Jeffry Louis, Laurence Tarica, Michael Reed and Theodore Peter Janulis.
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.

This page (NYSE:GCI) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gannett (GCI) Stock Price, News & Analysis

Gannett MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Gannett Stock (NYSE:GCI)

GCI Stock Price History

GCI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GCI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™