GannettGCI
GCI
About: Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.
Employees: 11,700
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,304% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $1.39M
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
37% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 51
6% more funds holding
Funds holding: 189 [Q3] → 201 (+12) [Q4]
2.29% more ownership
Funds ownership: 78.4% [Q3] → 80.69% (+2.29%) [Q4]
7% less capital invested
Capital invested by funds: $650M [Q3] → $602M (-$48.6M) [Q4]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 6 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
97%
upside
Avg. target
$6
97%
upside
High target
$6
97%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Citizens Capital Markets Matthew Condon 9% 1-year accuracy 1 / 11 met price target | 97%upside $6 | Market Outperform Reiterated | 10 Mar 2025 |
JMP Securities Aaron Kimson 18% 1-year accuracy 3 / 17 met price target | 97%upside $6 | Market Outperform Reiterated | 27 Jan 2025 |
Financial journalist opinion
Based on 11 articles about GCI published over the past 30 days
Neutral
Business Wire
6 days ago
Gannett Announces Additional Debt Reduction
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has prepaid approximately $57.5 million on its five-year first lien term loan facility (the "2029 Term Loan Facility"). As a result of this prepayment, the Company has reduced its first lien debt from $850.0 million to $792.5 million during the first quarter of 2025. The debt repayment was funded with the proceeds from the sale of the Austin-American Statesmen that wa.
Neutral
Business Wire
1 week ago
LocaliQ Announces George Schoenstein as Chief Marketing Officer
NEW YORK, NY--(BUSINESS WIRE)--LocaliQ, Gannett Co., Inc.'s (NYSE: GCI) Digital Marketing Solutions (DMS) business, welcomes George Schoenstein as he joins the DMS Leadership Team as Senior Vice President, Chief Marketing Officer today. Schoenstein will spearhead the platform's marketing initiatives and accelerate the company's growth trajectory. He will report directly to LocaliQ General Manager Bill Scanlon. “I am eager to bring my vision for enhancing LocaliQ's brand presence in the digital.
Neutral
Business Wire
1 week ago
“Wicked” Wins USA TODAY's Inaugural Movie Meter Competition
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced Universal Pictures' “Wicked,” directed by Jon M. Chu, as the winner of the inaugural USA TODAY Movie Meter competition. The Movie Meter program serves as a tool to gauge the public sentiment surrounding the year's acclaimed films. “Wicked” is the untold story of the witches of Oz, based upon the popular Broadway musical. The film explores the power of friendship, acceptance and standing up for what is rig.
Neutral
Business Wire
1 week ago
Gannett to Participate at Deutsche Bank 33rd Annual Media, Internet & Telecom Conference
NEW YORK, NY--(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 conference: Deutsche Bank 33rd Annual Media, Internet & Telecom Conference Monday, March 10, 2025 One-on-one investor meetings throughout the day Palm Beach, Florida About Gannett Gannett Co., Inc. (NYSE: GCI) is a diversified media company with expansive reach at the national and local level d.
Neutral
Business Wire
2 weeks ago
USA TODAY Announces 2025 Women of the Year in Celebration of Women's History Month
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced today the 2025 Women of the Year. Each honoree demonstrates the power and resilience of women who break barriers, uplift their communities, drive industries and beyond. Representing a diverse group from fields including business, athletics, entertainment, broadcast media and more, these trailblazers forge the way for future generations. In honor of Women's History Month throughout the month of March, USA.
Positive
Benzinga
2 weeks ago
10 Great Stocks This "Turnaround Master" Is Buying
One of the greatest truths in investing is that the best deals are often found in chaos. When the market panics, the savvy investor sharpens their knife.
Neutral
Business Wire
2 weeks ago
Gannett to Present at the Citizens JMP Technology Conference
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, will participate at the following conference: The Citizens JMP Technology Conference Monday, March 3, 2025 10:00 a.m. ET / 1:00 p.m. PT San Francisco, California The video webcast of the conference will be accessible through the Investor Relations section of our website under the News and Events – Event Calendar sect.
Neutral
Seeking Alpha
3 weeks ago
Gannett Co., Inc. (GCI) Q4 2024 Earnings Call Transcript
Gannett Co., Inc. (GCI) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
3 weeks ago
Gannett Announces Fourth Quarter 2024 Results & 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 fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved e.
Neutral
Business Wire
3 weeks ago
Gannett Announces Asset Purchase Agreement With Hearst
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) has entered into an asset purchase agreement with Hearst, a leading global diversified information services and media company, to divest the Austin American-Statesman from the USA TODAY Network portfolio of over 200 local publications across the country. The award-winning Austin American-Statesman is a trusted source for exceptional journalism and a pillar in the Austin community, serving local businesses and brands with innovative st.
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