gannett is a leading media and marketing company with unparalleled local-to-national reach, successfully connecting consumers, communities and businesses. with the iconic usa today, 92 strong local media organizations in 33 states and guam, and with more than 160 local news brands online in the u.k., we provide rich content through hundreds of outstanding affiliated digital, mobile and print products. each month more than 95 million unique visitors access content from usa today and gannett’s local media organizations, putting the company squarely in the top 10 u.s. news and information category. u.s. newspapers add an additional audience of 9 million readers every weekday. utilizing innovations in technology, digital media and print publishing, our 360° storytelling is offered in markets all across the u.s. from local townships to the national stage, we keep readers informed with what interests them most. when their hometown celebrates, we all share in that joy. when the nation is
Company profile
Ticker
GCI, NWDVW
Exchange
Website
CEO
Paul Bascobert
Employees
Location
Fiscal year end
Industry (SIC)
Former names
New Media Investment Group Inc.
SEC CIK
Corporate docs
Subsidiaries
Gannett Co., Inc. • Gannett Holdings LLC • Gannett Media Corp. • Action Advertising, Inc. • Albuquerque Publishing Company • Alexandria Newspapers, Inc. • American Influencer Awards, LLC • Archant Community Media Limited • Arizona News Service, LLC • Baxter County Newspapers, Inc. ...
GCI stock data
Latest filings (excl ownership)
8-K
Gannett Announces Nomination of Independent Candidate to Board of Directors
29 Mar 24
PRE 14A
Preliminary proxy
29 Mar 24
8-K
Gannett Announces Further Debt Reduction
26 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Gannett Announces 2023 Results and Business Outlook
22 Feb 24
8-K
Gannett Announces Ongoing Debt Reduction
15 Nov 23
UPLOAD
Letter from SEC
7 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Gannett Announces Third Quarter 2023 Results & Updated Full Year Outlook
2 Nov 23
CORRESP
Correspondence with SEC
2 Nov 23
Transcripts
GCI
Earnings call transcript
2023 Q4
22 Feb 24
GCI
Earnings call transcript
2023 Q3
2 Nov 23
GCI
Earnings call transcript
2023 Q2
3 Aug 23
GCI
Earnings call transcript
2023 Q1
4 May 23
GCI
Earnings call transcript
2022 Q4
23 Feb 23
GCI
Earnings call transcript
2022 Q3
4 Nov 22
GCI
Earnings call transcript
2022 Q2
6 Aug 22
GCI
Earnings call transcript
2022 Q1
5 May 22
GCI
Earnings call transcript
2021 Q4
24 Feb 22
GCI
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
4
John Jeffry Louis
1 Apr 24
4
Cindy Gallagher
26 Mar 24
4
Douglas Edward Horne
26 Mar 24
4
Michael Reed
26 Mar 24
4
Cindy Gallagher
5 Mar 24
4
Douglas Edward Horne
5 Mar 24
SC 13G/A
Alta Fundamental Advisers LLC
14 Feb 24
SC 13G/A
Apollo Management Holdings GP, LLC
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 120.03 mm | 120.03 mm | 120.03 mm | 120.03 mm | 120.03 mm | 120.03 mm |
Cash burn (monthly) | (no burn) | 1.35 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 8.95 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 111.08 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 82.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
79.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 153 |
Opened positions | 22 |
Closed positions | 20 |
Increased positions | 43 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 246.01 bn |
Total shares | 118.19 mm |
Total puts | 15.70 k |
Total calls | 79.90 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Alta Fundamental Advisers | 13.15 mm | $32.21 bn |
BLK Blackrock | 10.03 mm | $24.58 bn |
Apollo Management | 8.59 mm | $21.06 bn |
Vanguard | 8.46 mm | $20.73 bn |
Miller William H III | 7.56 mm | $0.00 |
Apollo Management Holdings GP | 7.51 mm | $14.43 mm |
GS Goldman Sachs | 6.60 mm | $16.17 bn |
Dimensional Fund Advisors | 4.05 mm | $9.93 bn |
Millennium Management | 4.02 mm | $9.86 bn |
STT State Street | 3.86 mm | $9.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | John Jeffry Louis | Common Stock | Grant | Acquire A | No | No | 2.44 | 10,245 | 25.00 k | 529,329 |
24 Mar 24 | Michael Reed | Common Stock | Payment of exercise | Dispose F | No | No | 2.22 | 194,556 | 431.91 k | 3,206,971 |
24 Mar 24 | Horne Douglas Edward | Common Stock | Payment of exercise | Dispose F | No | No | 2.22 | 50,721 | 112.60 k | 891,356 |
24 Mar 24 | Cindy Gallagher | Common Stock | Payment of exercise | Dispose F | No | No | 2.22 | 11,515 | 25.56 k | 125,358 |
3 Mar 24 | Cindy Gallagher | Common Stock | Payment of exercise | Dispose F | No | No | 2.11 | 4,971 | 10.49 k | 136,873 |
News
Gannett Announces $13M Repurchase of Senior Notes at a Discount, Secures Lender Waiver for Loan Payment Reduction
26 Mar 24
Minute Media Rescues 70-Year-Old Sports Illustrated, Plans to Rebuild Team, Revitalize Brand
20 Mar 24
Gannett Co Q4 2023 GAAP EPS $(0.16) Misses $0.01 Estimate, Sales $669.40M Miss $673.03M Estimate
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Why Robinhood Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket
14 Feb 24
Press releases
Gannett Schedules First Quarter 2024 Results
18 Apr 24
Thinking about buying stock in Ocugen, Ceragon Networks, Gannett, Altimmune, or Nio?
1 Apr 24
Gannett Announces Nomination of Independent Candidate to Board of Directors
29 Mar 24
LocaliQ Achieves SOC 2 Type II Compliance Certification
12 Mar 24
Gannett to Participate at Deutsche Bank 32nd Annual Media, Internet, & Telecom Conference
4 Mar 24