Gannett Co., Inc. (GCI)
Gannett Co., Inc. operates in the Publishing industry of the Communication Services sector, headquartered in McLean, VA, US. The stock last traded at $5.93, down 0.34% on the session, giving a market capitalisation of $872.4M. On trailing twelve-month figures it carries a trailing P/E of -21.18, a net margin of -1.8%. Its beta of 1.54 implies it has historically moved more than the broad market.
Gannett Co., Inc. is a United States-based media and marketing services company, structured into two main segments: Publishing and Digital Marketing Solutions. Its Publishing division boasts an extensive collection of print and digital assets. This includes 230 daily newspapers with a total paid circulation of approximately 1.9 million (and 2.2 million on Sundays), alongside 249 weekly print publications reaching about 1.4 million readers. Digitally, it manages 292 local websites, operates 123 daily and weekly news brands with around 80 associated magazines and their respective digital platforms, a dedicated sports network, and the affiliate marketing service Reviewed.com. Gannett also runs the USA TODAY NETWORK, a community event platform, and provides local news, information, advertising, subscriptions, and commercial printing/distribution services for items like flyers and business cards. Additionally, it creates niche publications focused on specific local interests such as recreation, sports, healthcare, and real estate. The Digital Marketing Solutions segment offers various services to improve online visibility and engagement, including online presence solutions, digital advertising products, conversion software, and cloud-based software. Originally incorporated in 2013 as New Media Investment Group Inc., the company rebranded to Gannett Co., Inc. in November 2019 and is headquartered in McLean, Virginia.
Gannett Co., Inc. is most often compared with the following Communication Services names: