Gannett/GCI

$2.50

3.3%
-
1D1W1MYTD1YMAX

About Gannett

Gannett Co., Inc. is a diversified media company. The Company operates through three segments: Domestic Gannett Media, Newsquest and Digital Marketing Solutions (DMS). Its Domestic Gannett Media segment comprises USA TODAY, daily and weekly content brands in approximately 220 local United States markets across 43 states and its community events business, USA TODAY NETWORK Ventures. Its core print offerings include home delivery offered on a subscription basis, single copy, and non-daily publications. Its Newsquest segment in the United Kingdom consists of over 220 digital news and media brands across its portfolio, including over 150 daily and weekly newspapers and over 70 magazines. Its DMS segment is dedicated to helping local businesses succeed through digital advertising and marketing solutions. The DMS segment, under the brand LocaliQ, is a cloud-based platform of fully-digital products that delivers customers and drives leads through technology and insights.

Ticker

GCI

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Printing & Publishing

CEO

Michael Reed

Employees

12,800

Headquarters

Pittsford, United States

Gannett Metrics

BasicAdvanced
$345.25M
Market cap
-
P/E ratio
-$0.20
EPS
2.34
Beta
-
Dividend rate
$345.25M
2.33915
$3.60
$1.62
661.89K
0.833
0.782
308.659
328.72
13.344
0.64%
-1.22%
-9.06%
-1.63%
0.13
1.087
6.115
-9.57%
65.36%
-7.87%

What the Analysts think about Gannett

Analyst Ratings

Majority rating from 3 analysts.
Sell

Price Targets

Average projection from 3 analysts.
19.2% upside
High $5.00
Low $1.95
$2.50
Current price
$2.98
Average price target

Gannett Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-3.4% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$669.4M
2.54%
Net income
$-22.8M
812%
Profit margin
-3.4%
794.74%

Gannett Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 374.29%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.05
-$0.09
-$0.02
-$0.16
-
Expected
-$0.06
-$0.05
-$0.01
$0.06
-$0.36
Surprise
-16.67%
65.14%
135.29%
-374.29%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Gannett stock?

Gannett (GCI) has a market cap of $345.25M as of April 19, 2024.

What is the P/E ratio for Gannett stock?

The price to earnings (P/E) ratio for Gannett (GCI) stock is 0 as of April 19, 2024.

Does Gannett stock pay dividends?

No, Gannett (GCI) stock does not pay dividends to its shareholders as of April 19, 2024.

When is the next Gannett dividend payment date?

Gannett (GCI) stock does not pay dividends to its shareholders.

What is the beta indicator for Gannett?

Gannett (GCI) has a beta rating of 2.34. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Gannett stock price target?

The target price for Gannett (GCI) stock is $2.98, which is 19.2% above the current price of $2.5. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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