GCI Gannett Co Inc Stock quote

The protest across 14 newsrooms follows recent layoffs and cost-cutting at the USA Today publisher. In 2022, Gannett Co.’s revenue was $2.95 billion, a decrease of -8.19% compared to the previous year’s $3.21 billion. Losses were -$78.00 million, -42.20% less than in 2021. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Gear advertisements and other marketing efforts towards your interests. One share of GCI stock can currently be purchased for approximately $2.00.

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Gannett Media and Digital Marketing Solutions. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019.

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Market Data

CAMP HILL, Pa.—-Gannett Fleming (the “Company”), a leading engineering and infrastructure solutions provider, announced today it received a strategic investment from OceanSound Part… A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Some of the stock market’s best dividend stocks are hiding in plain sight. But today, I’m going to introduce you to four long, longtime dividend-growing powerhouses… https://day-trading.info/ Other market data may be delayed by 15 minutes or more. GCI, +5.60% said Friday it has used the proceeds of real estate sales totaling $21.3 million in January to reduce first lien debt by $22.3 million. Gannett has a short interest ratio (“days to cover”) of 12.9, which indicates bearish sentiment.

The positive contribution in the “Distributing knowledge” impact category is mostly driven by its “Online tabloid magazines”, “Online news magazines”, and “Printed tabloid magazines” products. According to analysts’ consensus price target of $2.60, Gannett has a forecasted upside of 30.0% from its current price of $2.00. MarketRank is calculated as an average sucdenfinancial com uk based forex trading broker review of available category scores, with extra weight given to analysis and valuation. Sign Up NowGet this delivered to your inbox, and more info about our products and services. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Hundreds of media industry employees were laid off this week as Warner Bros.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Gannett in the last year. The consensus among Wall Street research analysts is that investors should “sell” GCI shares.

Key Earnings Data

Discovery, Gannett and others reduced headcount amid economic uncertainty. NEW YORK—-Reset Digital, today announced the appointment of Nate V. Rackiewicz as Chief Data Officer, a newly-created role overseeing the company’s vision, strategy, and execution o… Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Verify your identity, personalize the content you receive, or create and administer your account. We’d like to share more about how we work and what drives our day-to-day business.

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Analyst Estimates

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. Sign-up to receive the latest news and ratings for Gannett and its competitors with MarketBeat’s FREE daily newsletter. 68.38% of the stock of Gannett is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Gannett updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company issued revenue guidance of $2.75 billion-$2.80 billion, compared to the consensus revenue estimate of $2.83 billion. The P/E ratio of Gannett is -3.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

FAQs for Gannett Co Inc Stock

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

CompareGCI’s historical performanceagainst its industry peers and the overall market. In the past three months, Gannett insiders have not sold or bought any company stock. 13 people have searched for GCI on MarketBeat in the last 30 days.

• The company produces more than 350 annual events, such as themed expos.
• It operates through two segments, Gannett Media and Digital Marketing Solutions.
• Discovery, Gannett and others reduced headcount amid economic uncertainty.
• A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
• Gannett seems to create the most significant positive value in categories “Taxes”, “Distributing knowledge”, and “Jobs”.
• These returns cover a period from January 1, 1988 through February 6, 2023.

This suggests a possible upside of 30.0% from the stock’s current price. View analysts price targets for GCI or view top-rated stocks among Wall Street analysts. Intraday Data provided by FACTSET and subject to terms of use.

USA TODAY NETWORK Ventures Announces 2023 PLANTERS® brand legends Party With Hosts Rob Gronkowski and Vernon Davis

Based on an average daily volume of 1,130,000 shares, the days-to-cover ratio is presently 12.4 days. Currently, 10.0% of the shares of the company are short sold. 1 brokerages have issued 1-year price targets for Gannett’s stock. Their GCI share price forecasts range from $2.60 to $2.60. On average, they anticipate the company’s share price to reach $2.60 in the next year.

3 people have added Gannett to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Gannett has received a 37.61% net impact score from Upright. Gannett seems to create the most significant positive value in categories “Taxes”, “Distributing knowledge”, and “Jobs”.

The Company’s segments include Publishing and Digital Marketing Solutions. The Publishing segment is comprised of core products over digital media brands, including USA TODAY, Sports+, and its local property network in the United States(U.S.) and the United Kingdom. USA TODAY includes its sports network and Reviewed.com (an affiliate…

Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Gannett saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 14,010,000 shares, an increase of 5.4% from the January 31st total of 13,290,000 shares.

Stock Quote

Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia. It operates through two segments, Publishing and Digital Marketing Solutions. Its principal products also comprise 123 daily and weekly news media brands and approximately 80 magazines, and… Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S.