News headlines about Gannett Co (NYSE:GCI) have trended positive this week, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gannett Co earned a news impact score of 0.27 on Alpha One’s scale. Alpha One also assigned media headlines about the company an impact score of 75 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the next few days.
A number of research analysts recently weighed in on the company. Zacks Investment Research lowered Gannett Co from a “hold” rating to a “sell” rating in a report on Wednesday, April 26th. Noble Financial reaffirmed a “buy” rating on shares of Gannett Co in a report on Sunday, May 14th.
Gannett Co (NYSE:GCI) traded down 1.84% during mid-day trading on Thursday, reaching $7.45. The company’s stock had a trading volume of 684,994 shares. The firm has a market capitalization of $846.58 million, a P/E ratio of 81.87 and a beta of 0.73. The firm’s 50 day moving average price is $8.18 and its 200 day moving average price is $8.92. Gannett Co has a 52 week low of $7.30 and a 52 week high of $15.93.
Gannett Co (NYSE:GCI) last posted its earnings results on Tuesday, April 25th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Gannett Co had a return on equity of 12.56% and a net margin of 1.44%. The firm had revenue of $773.50 million for the quarter, compared to analysts’ expectations of $767.99 million. During the same period last year, the firm earned $0.27 EPS. The firm’s revenue was up 17.3% compared to the same quarter last year. On average, analysts anticipate that Gannett Co will post $1.03 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 19th. Stockholders of record on Monday, June 5th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, June 1st. Gannett Co’s dividend payout ratio (DPR) is presently 177.78%.
Gannett Co Company Profile
Gannett Co, Inc is a media company. The Company operates as a newspaper publisher in the United States. As of December 25, 2016, it owned ReachLocal, Inc (ReachLocal), a digital marketing solutions company; the USA TODAY NETWORK (made up of USA TODAY including digital sites and affiliates (USAT) and 109 local media organizations in 34 states in the United States and Guam), and Newsquest Media Group Ltd.
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