News stories about Gannett (NYSE:GCI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Gannett earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.3020383813609 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- News Recap: Ballard Power Systems Inc. (NASDAQ:BLDP), Gannett Co., Inc. (NYSE:GCI) – The Oracle Examiner (oracleexaminer.com)
- Valuation Review and Technical Analysis of Gannett Co. Inc (GCI) and Aegean Marine Petroleum Network (ANW) – Post Registrar (postregistrar.com)
- Stock’s Technical Picture to Focus on Gannett Co., Inc. (GCI) – Wall Street Morning (wallstreetmorning.com)
- Share Performance and Target Price Review Gannett Co. Inc (GCI) – ExpertGazette (expertgazette.com)
- How This Journalist Transitioned From Local News To Overseeing Hundreds Of Local Publications (forbes.com)
Separately, ValuEngine raised Gannett from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Gannett currently has an average rating of “Buy”.
Gannett (NYSE:GCI) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.09. Gannett had a return on equity of 13.29% and a net margin of 0.22%. The firm had revenue of $854.00 million during the quarter, compared to the consensus estimate of $848.74 million. During the same period last year, the company earned $0.50 earnings per share. The company’s revenue was down 1.5% on a year-over-year basis. equities analysts expect that Gannett will post 0.94 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Monday, March 12th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, March 9th. This represents a $0.64 annualized dividend and a dividend yield of 6.46%. Gannett’s payout ratio is presently 1,066.67%.
In other news, SVP Barbara W. Wall sold 10,954 shares of the firm’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $10.43, for a total transaction of $114,250.22. Following the completion of the transaction, the senior vice president now directly owns 18,023 shares in the company, valued at $187,979.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert J. Dickey sold 19,533 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $10.35, for a total value of $202,166.55. Following the transaction, the chief executive officer now owns 224,986 shares of the company’s stock, valued at $2,328,605.10. The disclosure for this sale can be found here. Insiders have sold 78,673 shares of company stock valued at $804,778 over the last 90 days. Corporate insiders own 0.74% of the company’s stock.
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Gannett 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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