TDAY USA TODAY Co., Inc. Common Stock

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$6.77
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026

About USA TODAY Co., Inc. Common Stock Company overview from Wikipedia

USA Today Co., Inc., formerly known as Gannett, is an American mass media holding company headquartered in New York City. It is the largest U.S. newspaper publisher as measured by total daily circulation.

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USA Today Co., Inc., formerly known as Gannett ( gə-NET), is an American mass media holding company headquartered in New York City. It is the largest U.S. newspaper publisher as measured by total daily circulation.

USA Today Co. owns the national newspaper USA Today, as well as multiple local newspapers, including the Detroit Free Press; The Indianapolis Star; The Cincinnati Enquirer; The Columbus Dispatch; The Florida Times-Union in Jacksonville, Florida; The Tallahassee Democrat in Tallahassee, Florida; The Tennessean in Nashville, Tennessee; The Daily News Journal, in Murfreesboro, Tennessee; The Courier-Journal in Louisville, Kentucky; the Democrat and Chronicle in Rochester, New York; The Des Moines Register; the El Paso Times; The Arizona Republic in Phoenix, Arizona; The News-Press in Fort Myers, Florida; the Milwaukee Journal Sentinel; the Argus Leader; The Pueblo Chieftain; the Redding Record Searchlight in Redding, California; the Reno Gazette-Journal in Reno, Nevada; and the Great Falls Tribune.

In 2015, Gannett split into two publicly traded companies, one focusing on newspapers and publishing and the other on broadcasting. The broadcasting company took the name Tegna, and owns about 68 TV stations. The newspaper company inherited the Gannett name. The split was structured so that Tegna is the legal successor of the old Gannett, while the new Gannett is a spin-off.

In 2018 Gannett along with 90 additional Fortune 500 companies had "paid an effective federal tax rate of 0% or less" as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.

In November 2019, New Media Investment Group acquired and merged its GateHouse Media subsidiary into Gannett, creating the largest newspaper publisher in the United States, which adopted the Gannett name. Mike Reed was named CEO.

On November 4, 2025, the company announced it was renaming Gannett to USA Today Co. The rebranding took effect on November 18, 2025 and the stock is trading under the ticker "TDAY".

History

1906–1983

Gannett Company, Inc. was formed in 1923 by Frank Gannett in Rochester, New York, as an outgrowth of the Elmira Gazette, a newspaper business he had begun in Elmira, New York, in 1906. Gannett, who was known as a conservative, gained fame and fortune by purchasing small independent newspapers and developing them into a large chain, a 20th-century trend that helped the newspaper industry remain financially viable.

In April 1957, Paul Miller succeeded Frank Gannett as president and CEO when the group held 19 newspapers over four states; Florida not among them. Miller became frustrated after repeated unsuccessful attempts to acquire a foothold in Florida, then targeted Brevard County. He spoke to Marie Holderman, the owner and publisher of the Cocoa Tribune, and shared his plan for a morning daily paper in Brevard County. Holderman was not interested. Over the next few years, several Gannett representatives attempted to negotiate a purchase, without success.

In the late 1950s, Al Neuharth was assistant managing editor at the Miami Herald and became acquainted with Marie Holderman. In 1963, he was hired by Miller to manage the Democrat and Chronicle in Rochester, New York. Two years later, he asked Miller for an opportunity to persuade Holderman.

In their meeting, Neuharth complimented the Tribune, but told Holderman that she lacked the resources to win a competition. Holderman was invited to Rochester for a meeting to talk with Gannett executives. The Gannett corporate airplane flew four people from Florida to New York.

John Pound, managing editor joined Holderman and her two granddaughters on the trip in May 1965. Convinced of Gannett's determination and at age 81, Holderman decided to sell, and Pound told the executives they wanted $1.9 million in compensation. Neuharth's response: "We told them that was a fair price and we certainly paid her more than she expected to get."

In 1966, Neuharth took charge of Gannett Florida. After a few months, the Hudson family in Titusville decided to sell the Star Advocate to Gannett for $1 million.

Neuharth started Today in Cocoa, which eventually became Florida Today. By June 1966, paid subscriptions were 33,000, far exceeding their goal of 20,000 by the end of the year. The paper became profitable in 1968 after just 33 months.

Miller was succeeded by Al Neuharth in 1973.

In 1978, Gannett acquired Combined Communications Corp., operator of 2 major daily newspapers, the Oakland Tribune and The Cincinnati Enquirer, seven television stations, 13 radio stations, as well as an outdoor advertising division, for $370 million. The outdoor advertising became known as Gannett Outdoor, before being acquired by Outdoor Systems (previously a division of 3M), before the company was sold to Infinity Broadcasting, which later became part of Viacom, and was part of CBS Corporation, until 2014 when CBS Outdoor went independent and became Outfront Media.

In 1979 The News Journal in Wilmington, Delaware was purchased from DuPont and The Tennessean in Nashville when the chain had grown to 79 newspapers. In 1981, Gannett partnered with anchors Robert MacNeil and Jim Lehrer to start a production company MacNeil/Lehrer-Gannett Productions. Gannett broke up in June 1986. In 1982, the broadcasting unit partnered with Telepictures Corporation to start out its Newscope program.

Gannett announced the launch of the national newspaper titled USA Today on April 20, 1982, it initially launched on September 15, 1982, in the Baltimore and Washington, D.C. metropolitan areas. for a newsstand price of 25¢ (equivalent to 83¢ in 2025)

Gannett's oldest newspaper is the Berrow's Worcester Journal based in Worcester, England and founded in 1690. In the United States, the oldest newspapers still in circulation are the Poughkeepsie Journal, founded in Poughkeepsie, New York in 1785, and The Leaf-Chronicle founded in Clarksville, Tennessee in 1808.

1984–2013

In 1984, John Curley was appointed president and COO. In 1985, Curley became CEO and continued as president.

The company was headquartered in Rochester until 1986, when it moved to Arlington County, Virginia. Its former headquarters building, the Gannett Building, was listed on the National Register of Historic Places in 1985.

In 1986, Gannett and former NBC chief executive officer Grant Tinker formed GTG Entertainment, a television production company based at The Culver Studios in Culver City, which produced the first season of Baywatch and the short-lived television version of USA Today titled USA Today: The Television Show. It was dissolved in 1990.

In 1994, the company took over production of Inside Washington, from Post-Newsweek Television, before WJLA-TV and Allbritton Communications took over in 2004.

Douglas H. McCorkindale succeeded Curley as CEO in 2000 and chairman in 2001. That year, the company moved to its headquarters in Tysons Corner, Virginia, a suburb of Washington, D.C.

Beginning in 2005 at the Fort Myers News-Press, Gannett pioneered the mojo concept of mobile multimedia journalists, reporters who were initially untethered from conventional newsrooms and drove around their communities filing hyperlocal news in various formats including text for print publication, still photos for print and online publication, and audio and video for the News-Press website. The practice has spread throughout the chain.

In 2010, Gannett increased executive salaries and bonuses; for example, Bob Dickey, Gannett's U.S. newspapers division president, was paid $3.4 million in 2010, up from $1.9 million the previous year. The next year, the company laid off 700 U.S. employees to cut costs. In the memo announcing the layoffs, Dickey wrote, "While we have sought many ways to reduce costs, I regret to tell you that we will not be able to avoid layoffs."

On March 7, 2011, Gannett replaced the stylized "G" logo in use since the 1970s (notably used on its TV stations as a corporate/local ID with different animations), and adopted a new company tagline: "It's all within reach."

In February 2012, Gannett announced that it would implement a paywall system across all of its daily newspaper websites, with non-subscriber access limited to between five and fifteen articles per month, varying by newspaper. The USA Today website became the only one to allow unrestricted access.

On March 24, 2012, the company announced that it would discipline 25 employees in Wisconsin who had signed the petition to recall Governor Scott Walker, stating that this open public participation in a political process was a violation of the company's code of journalistic ethics and that their primary responsibility as journalists was to maintain credibility and public trust in themselves and the organization.

On August 21, 2012, Gannett acquired Blinq Media.

Around the first week of October 2012, Gannett entered a dispute against Dish Network regarding compensation fees and Dish's AutoHop commercial-skip feature on its Hopper digital video recorders. Gannett ordered that Dish discontinue AutoHop on the account that it is affecting advertising revenues for Gannett's television stations. Gannett threatened to pull all of its stations should the skirmish continue beyond October 7, and Dish and Gannett fail to reach an agreement. The two parties eventually reached an agreement after extending the deadline for a few hours.

Acquisition of Belo Corporation, 2013

On June 13, 2013, Gannett announced plans to buy Dallas-based Belo Corporation for $1.5 billion and the assumption of debt. The purchase would add 20 additional stations to Gannett's portfolio and make the company the fourth largest television broadcaster in the U.S. with 43 stations. Because of ownership conflicts that exist in markets where both Belo and Gannett own television stations and newspapers, the use of a third-party company (Sander Media, LLC, owned by former Belo executive Jack Sander) as a licensee to buy stations to be operated by the owner of a same-market competitor and concerns about any possible future consolidation of operations of Gannett- and Belo-owned properties in markets where both own television stations or collusion involving the Gannett and Sander stations in retransmission consent negotiations, anti-media-consolidation groups (such as Free Press) and pay television providers (such as Time Warner Cable and DirecTV) have called for the FCC to block the acquisition.

On December 16, 2013, the United States Department of Justice announced that Gannett, Belo, and Sander would need to divest Belo's station in St. Louis, KMOV, to a government-approved third-party that would be barred from entering into any agreements with Gannett, in order to fully preserve competition in advertising sales with Gannett-owned KSDK. The deal was approved by the FCC on December 20, and it was completed on December 23. On February 28, 2014, Meredith Corporation officially took over full control of KMOV.

Acquisition of London Broadcasting Company stations, 2014

On May 14, 2014, Gannett announced the acquisition of six stations from the Texas-based London Broadcasting Company in a $215 million deal, including KCEN-TV (NBC) in Waco-Temple-Bryan, KYTX (CBS) in Tyler-Longview, KIII (ABC) in Corpus Christi, KBMT (ABC/NBC) in Beaumont-Port Arthur, KXVA (FOX) in Abilene-Sweetwater and KIDY (FOX) in San Angelo. The company's COO Phil Hurley will also join Gannett to continue his leadership role at the six stations. The acquisition was completed on July 8, 2014; in total, Gannett stations now serve 83% of households in the state. Post acquisition, Gannett now outright owns and operates their first Fox affiliates, KIDY & KXVA.

Split and further deals, 2014–2018

On August 5, 2014, Gannett announced that it plans to split into two independent publicly traded companies–one focused on newspapers and publishing, the other on broadcasting. Robert Dickey, head of old Gannett's newspaper division, became CEO of the newspaper company, leaving Gannett's remaining broadcasting and digital operations under the leadership of Martore. In a statement, she explained that the split plans were "significant next steps in our ongoing initiatives to increase shareholder value by building scale, increasing cash flow, sharpening management focus, and strengthening all of our businesses to compete effectively in today's increasingly digital landscape." Additionally, the company announced that it would buy out the remainder of Classified Ventures—a joint venture between Gannett and several other media companies, for $1.8 billion, giving it full ownership of properties such as Cars.com. On April 21, 2015, Gannett announced that the publishing arm would continue to use the Gannett name, while the broadcasting and digital company would be named Tegna—an anagram of Gannett. The split was completed on June 29, 2015. The split was structured so that the old Gannett changed its name to Tegna, and then spun off its publishing interests as a "new" Gannett Company. Tegna retained "old" Gannett's stock price history under a new ticker symbol, TGNA, while "new" Gannett inherited "old" Gannett's ticker symbol, GCI.

The two companies shared a headquarters complex in Tysons Corner for a time, though Tegna has since moved to a new 440,000-square-foot office tower nearby, occupying roughly 60,000 square feet.

On October 7, 2015, Gannett struck a deal to buy the Journal Media Group for $280 million, giving it control of publications in over 100 markets in the Midwestern and Southern U.S. Similar to what Gannett had earlier done with its broadcasting assets, the Milwaukee-based Journal had separated its publishing and broadcasting arms in April 2015, with the E. W. Scripps Company acquiring the television and radio properties owned by the former's technical predecessor Journal Communications and spinning out their respective publishing operations into Journal Media Group. In December 2015, Gannett announced that its local newspapers would be branded as the "USA Today Network", signifying a closer association with the national USA Today paper.

In April 2016, Gannett made an unsolicited bid to acquire the Tribune Publishing Company for $12.25 per-share, or around $400 million. This deal was rejected by Tribune's shareholders in May 2016; in turn, Gannett increased its offer to around $15 per-share (around $800 million). Although the two companies held talks during the summer and into the fall of 2016, disappointing earning reports for Gannett for the second and third quarters of 2016 caused Gannett to pull out of talks on November 1.

Gannett announced it would not be delaying print deadlines for the 2018 midterm elections in the United States, meaning that next-day newspapers would no longer contain the election's results, instead directing readers to the Internet.

Sale to GateHouse Media and relationship with Softbank, 2019

In January 2019, Digital First Media (DFM) made an unsolicited bid to acquire Gannett for $1.36 billion, but it was rejected for being undervalued. In an attempt to pursue a hostile takeover, DFM built up a 7.5% stake of Gannett's public shares. Gannett subsequently accused the company of engaging in a proxy fight. After a failed attempt to place three DFM nominees on Gannett's board of directors through a proxy vote on May 16, 2019, DFM sold shares lowering their ownership to 4.2%.

On August 5, 2019, New Media Investment Group, parent of GateHouse Media, announced that it would acquire Gannett. New Media Investment Group was managed by a private equity firm, Fortress Investment Group. Fortress was owned until May 2024, by the Japanese conglomerate Softbank. Apollo Global Management funded the acquisition with a $1.792 billion loan. Although GateHouse was the nominal survivor, the combined company took the better-known Gannett name. Michael E. Reed, the CEO of GateHouse's parent company, was named CEO. The merger was completed on November 19. The new management team immediately announced it would target "inefficiencies", which could lead to cutbacks at newspapers and reduction in newspaper staff.

In December 2019, CNBC listed Gannett along with 91 additional Fortune 500 companies that "paid an effective federal tax rate of 0% or less" in 2018 as a result of Donald Trump's Tax Cuts and Jobs Act of 2017.

As of 2022, Gannett's board of directors, which does not include anyone with journalism background, paid CEO Mike Reed a salary $900,000 and long term stock incentives adding to a total of $7.7 million in 2021, the first full year after the merger. The total compensation was estimated with Gannett stock valued at the then current price. During Reed's tenure, Gannett stock has fallen 70%, reducing the value of future equity incentive plan awards.

Sued for enabling sexual abuse of paperboys in 1970s New York and Arizona, 2019

In 2019, Gannett was sued under the New York State Child Victim's Act by a former paperboy who accused the company of enabling a former district manager to sexually abuse him in the 1980s. In late 2018 as Gannett was seeking partners for a merger, fending off a hostile takeover and its stock fell, this former paperboy emailed investigative reporters and Gannett management asking them to investigate his claims. In response, Karen Magnuson, then Executive Editor for Gannett's Democrat and Chronicle, told reporters to put their investigative reporting of abuse claims on "pause", and brought the email to the attention of Gannett's management to conduct their own investigation.

Gannett chief operating officer Michael G. Kane sent the original claimant a letter indicating no evidence had been found and they were "closing out" the matter. A few months later New York passed its Child Victim Act lifting statute of limitations on child sex abuse claims. Four more lawsuits were filed in February 2020 Additionally, three more men filed suit against Gannett for child sex abuse in September 2020 and April 2021;

In December 2020, Gannett and its Arizona Republic newspaper were sued by two former paperboys in the Phoenix, Arizona community for enabling its employees to sexually abuse them in the late 1970s. As the New York state window to file under its Childs Victim Act closed in August 2021, another man sued Gannett in Rochester, New York, alleging child sex abuse by the same former district manager of paperboys. This latest case brings the total to eleven men who are suing Gannett for enabling sexual abuse of former paperboys, some as young as eleven at the time.

Nearly three years after the first lawsuit filing, in July 2022, Gannett defense attorneys notified the court of their intent to file a motion to have the former paperboys' Child Victims Act cases taken "out of the state court system and turn them over to the New York Workers' Compensation Board" stating that the 11–14-year-old paperboys should have applied for workman's compensation at the time of their injuries in the 1980s or upon enactment of the CVA in 2019. In December 2022, presiding Judge, Deborah A. Chimes acquiesced to Gannett's demands that NY Workers Compensation Board – despite the existence of the Child Victims Act as NY State law – determine if Plaintiffs have a valid cause of action for damages or whether they are limited to benefits under the Worker’s Compensation Law. This despite the fact that the Workers Compensation Board has no mechanism to consider this question of justice and legal rights, as the Board is tasked by the state of New York solely to: " administer workers’ compensation, disability benefits and Paid Family Leave." On July 26, 2024, this demand of Gannett, received and accepted fully by Judge Deborah Chimes, was reversed, by the Fourth Judicial Department of the Appellate Division of the New York State Supreme Court. The nine plaintiff cases remain pending action by Judge Chimes and her court.

COVID-19 pandemic, 2020

In March 2020, Gannett announced that due to the COVID-19 pandemic, it will be forced to make a series of cuts and furloughs. Executives would also take a 25% reduction in salary.

Reduction of editorial content, 2022–2024

In April 2022, a committee of Gannett editors made the formal recommendation that newspapers in the chain should significantly pare back the opinion material that newspapers traditionally publish on their editorial pages, including editorials, op-ed columns, syndicated columns and editorial cartoons. According to the company-wide memo, "Readers don't want us to tell them what to think. They don't believe we have the expertise to tell anyone what to think on most issues. They perceive us as having a biased agenda." The memo additionally claimed that editorial content is the least-read content in the papers while being the most likely reason someone gives for cancelling a subscription.

In March 2024, the company announced that effective March 25, it would end its legacy Associated Press premium subscription, meaning it would no longer pay to publish AP dispatches, photos and video from the wire service in Gannett-owned publications. According to a statement from the company, this decision, regarded by observers as a cost-cutting move, "will give us the opportunity to redeploy more dollars toward our teams and build capacity where we might have gaps."

In that same memo, Gannett said it signed an agreement with Reuters to publish the newswire's global content. Gannett will continue to pay AP for its election-related polling and vote-counting, and pay to access the AP Stylebook. Gannett's contract with AP was set to expire at the end of 2024. It is unclear why the company ended the agreement early or how much it was paying AP.

Financial conditions and layoffs 2022

In the second quarter of 2022, Gannett's revenue was $749 million, sustaining a loss of $54 million. In reaction to the news, the company announced, "In the coming days, we will be making necessary but painful reductions to staffing, eliminating some open positions and roles that will impact valued colleagues." At the end of August, the company announced that it was laying off 3% of its United States workforce, which was about 400 employees. At this announcement, Gannett also said they would not be filling 400 open positions. At the time of the announcement, Gannett stock, which was already down about 45% on the year, fell an additional 28.5%.

In October 2022, the company announced the second round of financial austerity steps. These included the requirement that all employees take a week of unpaid leave in December, and a suspension of matching contributions to employee 401(k) accounts. Gannett also instituted a hiring freeze and was seeking volunteers for buyouts.

Gannett announced around 200 more layoffs, or 6% of the news division, in November 2022.

As part of the cuts, Gannett stopped printing six community papers, collectively known as the Observer and Eccentric chain, in southeast Michigan, including the print editions of the Livonia Observer and papers covering Westland, Farmington, Plymouth, Canton, and Birmingham. Gannett indicated that the publications would provide online content.

List of acquisitions

List of assets

USA Today Co.'s media properties include the following newspapers among the top 100 by circulation in the United States:

USA Today Network

The USA Today Network is the largest local-to-national publishing organization in the country according to Gannett. USA Today, as the national paper, is its flagship brand. The network uses reporting from local publications in the national publication and vice versa.

In 2021, it included local papers published by Gannett in 46 states. In 2023, the network hired dedicated reporters to cover Taylor Swift and Beyonce.

Gannett acknowledged in 2021 that it provided advertisers with inaccurate information for nine months misrepresenting where billions of ads were placed.

Print media

Digital investments

Digg — sold to BuySellAds in April 2018

Directors and senior executives

Gannett has an eight-member board of directors and 11 senior executives.

On October 6, 2011, Gannett's chairman, president and chief executive officer Craig A. Dubow resigned, citing health reasons. He was succeeded by Gracia Martore, Gannett's chief operating officer, a 26-year company veteran.

From 2005 until 2008 Sue Clark-Johnson was president of Gannett's Newspaper Division.

In May 2019, Barbara Wall was appointed as interim chief executive officer after Bob Dickey retired.

Mike Reed became Gannett's Chief Executive Officer in June 2020. His immediate predecessor,

Paul Bascobert, served in the role for about ten months, starting in August 2019.

Headquarters

In 2001, the company completed construction of its corporate headquarters at the Valo Park business park in Tysons, Virginia. The 1.5 million-square-foot facility sat on a 30-acre site and included a mile-long jogging path, softball fields, tennis courts, a fitness center, athletic facilities and a helipad.

In February 2024, Gannett moved out of its headquarters and planned to relocate to a 24,000-square-foot leased office space in New York City starting March 31.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

TDAY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$6.77
Market Cap
$1.08B
P/E (TTM)
735.9
EPS (TTM)
$0.01
Revenue (TTM)
$2.30B
Div Yield
ROE
1.1%
Debt/Equity
6.2
52W Range
$3 – $9

TDAY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $2.30B
10-point trend, +83.4%
2016-12-25 2025-12-31
EPS $0.01
10-point trend, -98.6%
2016-12-25 2025-12-31
Free Cash Flow $63M
10-point trend, -28.3%
2016-12-25 2025-12-31
Margins 0.08%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TDAY
Peer Median
P/E (TTM)
5-point trend, +9762.3%
735.9
20.0
P/S (TTM)
5-point trend, +39.2%
0.5
0.9
P/B
5-point trend, +242.7%
7.0
3.1
EV / EBITDA
5-point trend, +64.7%
11.7
Price / FCF
5-point trend, +39.6%
17.2

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TDAY
Peer Median
Net Profit Margin
5-point trend, +101.9%
0.08%
5.3%
ROA
5-point trend, +102.0%
0.09%
3.8%
ROE
5-point trend, +104.4%
1.1%
14.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TDAY
Peer Median
Debt / Equity
5-point trend, +165.6%
6.2
30.9
Current Ratio
5-point trend, -13.7%
0.8
1.1
Quick Ratio
5-point trend, -12.6%
0.6

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TDAY
Peer Median
Revenue YoY
5-point trend, -28.2%
-8.2%
Revenue CAGR 3Y
5-point trend, -28.2%
-7.9%
Revenue CAGR 5Y
5-point trend, -28.2%
-7.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TDAY
Peer Median
EPS (Diluted)
5-point trend, +101.0%
$0.01

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TDAY
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
Oct. 31, 2019$0.3800
Aug. 19, 2019$0.3800
May 10, 2019$0.3800
March 8, 2019$0.3800
Nov. 8, 2018$0.3800
Aug. 10, 2018$0.3700
May 11, 2018$0.3700
March 13, 2018$0.3700
Nov. 7, 2017$0.3700
Aug. 7, 2017$0.3500
May 8, 2017$0.3500
March 6, 2017$0.3500
Nov. 7, 2016$0.3500
Aug. 8, 2016$0.3300
May 9, 2016$0.3300
March 7, 2016$0.3300
Nov. 9, 2015$0.3300
Aug. 10, 2015$0.3300
May 11, 2015$0.3300
March 9, 2015$0.3000

TDAY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 12 analysts
  • Strong Buy 3 25.0%
  • Buy 6 50.0%
  • Hold 2 16.7%
  • Sell 1 8.3%
  • Strong Sell 0 0.0%

12-Month Price Target

6 analysts · 2026-08-14
Median target $10.00 +47.7%
Mean target $8.84 +30.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.12%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.06 $-0.01 0.07%
March 31, 2026 $0.12 $-0.08 0.20%
Dec. 31, 2025 $-0.21 $-0.36 0.15%
Sept. 30, 2025 $-0.27 $-0.11 -0.16%
June 30, 2025 $0.42 $-0.06 0.48%
March 31, 2025 $-0.05 $-0.03 -0.02%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TDAY $758M 515.0 -8.2% 0.08% 1.1%
NWSA 24.1 6.8% 6.3% 6.6%
NYT 33.2 9.2% 12.2% 17.3%
WLY 28.5 -10.4% 5.0% 11.7%
SCHL $725M 17.3 -2.7% 3.6% 6.7%
LEE $35M -0.9 -8.0% -6.7% 141.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +252.9% $2.30B $2.51B $2.66B $2.95B $3.21B $3.41B $1.87B $1.53B $1.34B $1.26B $1.20B $652M
Cost of Revenue 9-point trend, +89.9% $1.41B $1.55B $1.69B $1.86B $1.90B $2.03B $1.08B $865M $743M · · ·
SG&A Expense 12-point trend, +202.0% $640M $704M $723M $852M $902M $1000M $602M $503M $447M $416M $406M $212M
Operating Expenses 8-point trend, +95.1% · $2.55B $2.58B $2.98B $3.10B $3.85B $2.01B $1.47B $1.31B · · ·
Operating Income 11-point trend, -262.5% · $-43M $86M $-34M $109M $-448M $-147M $58M $34M $61M $103M $26M
Interest Expense 10-point trend, +532.0% · · $112M $108M $136M $229M $64M $36M $30M $30M $32M $18M
Other Non-op 12-point trend, +22789.7% $26M $-19M $-2M $2M $19M $16M $426.0K $-597.0K $776.0K $-2M $-350.0K $-116.0K
Pretax Income 9-point trend, -193.8% $-1M $-78M $-6M $-77M $-88M $-706M $-207M $20M $-434.0K · · ·
Income Tax 12-point trend, -211.7% $-3M $-51M $22M $1M $48M $-33M $-86M $2M $481.0K $-2M $3M $3M
Net Income 12-point trend, +154.6% $2M $-26M $-28M $-78M $-135M $-670M $-120M $18M $-915.0K $32M $68M $-3M
EPS (Basic) 12-point trend, +110.0% $0.01 $-0.18 $-0.20 $-0.57 $-1.00 $-5.09 $-1.77 $0.31 $-0.02 $0.70 $1.54 $-0.10
EPS (Diluted) 12-point trend, +110.0% $0.01 $-0.18 $-0.20 $-0.57 $-1.00 $-5.09 $-1.77 $0.31 $-0.02 $0.70 $1.53 $-0.10
Shares (Basic) 12-point trend, +353.9% 145,095,000 142,516,000 139,633,000 136,903,000 134,783,000 131,742,000 67,671,000 58,014,000 53,010,421 45,234,369 44,039,415 31,969,599
Shares (Diluted) 12-point trend, +356.6% 145,977,000 142,516,000 139,633,000 136,903,000 134,783,000 131,742,000 67,671,000 58,399,000 53,010,421 45,316,907 44,209,114 31,969,599
EBITDA 10-point trend, +28.4% $166M $113M $249M $148M $313M $-184M $-35M $143M $109M $129M · ·
Balance Sheet 29
Annual Balance Sheet data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -27.1% $90M $106M $100M $94M $131M $171M $156M $49M $43M $172M $147M $124M
Receivables 9-point trend, +47.4% $224M $240M $266M $289M $329M $314M $439M $174M $152M · · ·
Inventory 12-point trend, +31.2% $13M $21M $27M $45M $38M $35M $55M $25M $19M $18M $16M $10M
Prepaid Expense 8-point trend, -7.5% $46M $40M $36M $46M $80M $117M $129M $50M · · · ·
Other Current Assets 9-point trend, +55.8% $17M $19M $15M $33M · · · $22M $23M $20M $12M $11M
Current Assets 12-point trend, +62.2% $389M $426M $444M $508M $577M $637M $779M $298M $263M $370M $332M $240M
PP&E (Net) 12-point trend, -37.1% $178M $241M $239M $306M $415M $590M $816M $340M $373M $381M $385M $284M
PP&E (Gross) 12-point trend, +68.8% $547M $578M $575M $667M $752M $952M $1.09B $559M $545M $512M $470M $324M
Accum. Depreciation 12-point trend, +817.0% $368M $337M $336M $361M $336M $362M $277M $219M $171M $131M $85M $40M
Goodwill 12-point trend, +287.0% $519M $530M $534M $533M $534M $534M $914M $311M $237M $228M $171M $134M
Intangibles 12-point trend, +115.5% $338M $430M $524M $613M $713M $825M $1.01B $486M $403M $351M $304M $157M
Other Non-current Assets 7-point trend, +4540.2% · · · · · $143M $113M $10M $7M $5M $6M $3M
Total Assets 12-point trend, +124.7% $1.84B $2.04B $2.18B $2.39B $2.83B $3.11B $4.02B $1.44B $1.28B $1.34B $1.20B $818M
Accounts Payable 12-point trend, +1451.7% $144M $154M $142M $189M $157M $132M $147M $17M $16M $19M $10M $9M
Accrued Liabilities 6-point trend, +551.6% · · · · · · $307M $110M $97M $84M $100M $47M
Current Liabilities 12-point trend, +444.6% $518M $546M $534M $617M $663M $741M $718M $248M $204M $196M $176M $95M
Capital Leases 8-point trend, +146421000.00 $146M $168M $204M $219M $255M $274M $298M $0 · · · ·
Deferred Tax 12-point trend, +188.6% $8M $5M $2M $1M $29M $7M $9M $8M $8M $8M $4M $3M
Other Non-current Liabilities 12-point trend, +1524.3% $91M $126M $101M $109M $117M $152M $136M $16M $15M $13M $9M $6M
Total Liabilities 12-point trend, +404.6% $1.68B $1.89B $1.86B $2.10B $2.30B $2.75B $3.04B $725M $609M $581M $550M $333M
Long-term Debt 10-point trend, +160.5% $954M $1.08B $1.04B $1.16B $1.23B $1.60B · $445M $368M $363M · $366M
Total Debt 9-point trend, +181.6% $954M $1.08B $1.04B $1.16B $1.23B · $1.64B $428M $357M $339M · ·
Common Stock 12-point trend, +326.4% $2M $2M $2M $2M $1M $1M $1M $605.0K $534.0K $531.0K $445.0K $375.0K
Retained Earnings 12-point trend, -26388.4% $-1.05B $-1.05B $-1.03B $-999M $-921M $-786M $-116M $4M $-3M $16M $45M $4M
Treasury Stock 11-point trend, +23607000.00 $24M $21M $17M $15M $8M $5M $3M $2M $1M $417.0K $0 ·
AOCI 12-point trend, -1218.1% $-59M $-56M $-66M $-101M $60M $50M $8M $-7M $-5M $-4M $-3M $-4M
Stockholders' Equity 12-point trend, -68.0% $155M $153M $318M $296M $532M $364M $981M $717M $674M $755M $647M $484M
Liabilities + Equity 12-point trend, +124.7% $1.84B $2.04B $2.18B $2.39B $2.83B $3.11B $4.02B $1.44B $1.28B $1.34B $1.20B $818M
Shares Outstanding 10-point trend, +292.7% 147,124,756 158,836,000 158,555,000 153,286,000 144,667,000 139,495,000 129,387,000 60,306,286 53,226,881 · · 37,466,495
Cash Flow 20
Annual Cash Flow data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +299.9% $166M $156M $163M $182M $204M $264M $112M $85M $74M $68M $68M $41M
Stock-based Comp 12-point trend, +15406.8% $9M $13M $17M $17M $18M $26M $11M $3M $3M $2M $1M $59.0K
Deferred Tax 12-point trend, -464.3% $-10M $-45M $12M $3M $45M $-30M $-88M $233.0K $-522.0K $-3M $1M $3M
Amort. of Intangibles 12-point trend, +1091.3% $79M $88M $90M $96M $103M $108M $45M $34M $24M $21M $16M $7M
Restructuring 12-point trend, +1030.0% $32M $66M $24M $88M $49M $146M $52M $15M $9M $8M $8M $3M
Other Non-cash 10-point trend, -8100.6% $-52M $3M $-68M $-83M $-5M $468M $110M $3M $35M $-634.0K · ·
Operating Cash Flow 12-point trend, +176.0% $114M $100M $95M $41M $127M $58M $26M $110M $111M $95M $115M $41M
CapEx 12-point trend, +927.3% $51M $50M $38M $45M $40M $37M $14M $12M $11M $11M $10M $5M
Investing Cash Flow 12-point trend, +111.0% $9M $-28M $47M $22M $71M $160M $-785M $-201M $-160M $-145M $-299M $-82M
Debt Issued 6-point trend, +722.9% · · · · · · $1.79B $80M $20M $0 $123M $218M
Net Debt Issued 4-point trend, +37459.4% · · · · · · $1.31B $77M $6M $-4M · ·
Stock Issued 7-point trend, -100.0% · · · · · $4.0K $0 $111M $0 $136M $151M $117M
Stock Repurchased 12-point trend, +3064000.00 $3M $3M $3M $7M $3M $2M $0 $0 $5M $417.0K $0 $0
Net Stock Activity 9-point trend, -102.3% $-3M $-3M $-3M $-7M · $4.0K $0 $110M $-664.0K $135M · ·
Dividends Paid 8-point trend, -100.0% · · · · $0 $0 $92M $87M $76M $60M $57M $18M
Financing Cash Flow 12-point trend, -205.9% $-140M $-69M $-136M $-103M $-261M $-201M $899M $99M $-80M $72M $206M $132M
Net Change in Cash 12-point trend, -120.0% $-18M $6M $6M $-39M $-63M $18M $136M $7M $-129M $22M $23M $92M
Taxes Paid 12-point trend, +10611000.00 $11M $10M $8M $3M $-8M $-4M $1M $1M $52.0K $3M $1M $0
Free Cash Flow 10-point trend, -28.3% $63M $51M $56M $-5M $88M $21M $12M $98M $100M $88M · ·
Levered FCF 5-point trend, -1649.5% · · $-449M $-115M $-122M $-197M $-26M · · · · ·
Profitability 7
Annual Profitability data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 9-point trend, -135.0% · -1.7% 3.2% -1.1% 3.4% -13.2% -7.9% 3.8% 2.6% 4.9% · ·
Net Margin 10-point trend, -96.8% 0.08% -1.1% -1.0% -2.6% -4.2% -19.7% -6.4% 1.2% -0.07% 2.5% · ·
Pretax Margin 7-point trend, +99.5% -0.06% -3.1% -0.23% -2.6% -2.7% -20.7% -11.1% · · · · ·
EBITDA Margin 10-point trend, -30.0% 7.2% 4.5% 9.3% 5.0% 9.8% -5.4% -1.9% 9.4% 8.1% 10.3% · ·
ROA 10-point trend, -96.4% 0.09% -1.2% -1.2% -3.0% -4.5% -18.8% -4.4% 1.3% -0.07% 2.5% · ·
ROE 10-point trend, -74.9% 1.1% -11.2% -9.1% -18.8% -25.4% -169.7% -14.9% 2.5% -0.13% 4.5% · ·
ROIC 6-point trend, +64.0% · -1.2% 28.6% -2.4% 9.6% -117.2% -3.3% · · · · ·
Liquidity & Solvency 5
Annual Liquidity & Solvency data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 10-point trend, -60.2% 0.8 0.8 0.8 0.8 0.9 0.9 1.1 1.2 1.3 1.9 · ·
Quick Ratio 10-point trend, -31.1% 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.2 0.2 0.9 · ·
Debt / Equity 9-point trend, +1270.7% 6.2 7.1 3.3 3.9 2.3 · 1.7 0.6 0.5 0.4 · ·
LT Debt / Equity 9-point trend, +1171.1% 5.7 6.6 3.1 3.7 2.2 · 1.7 0.6 0.5 0.4 · ·
Interest Coverage 8-point trend, -62.7% · · 0.8 -0.3 0.8 -2.0 -2.3 1.6 1.1 2.1 · ·
Efficiency 3
Annual Efficiency data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 10-point trend, +19.8% 1.2 1.2 1.2 1.1 1.1 1.0 0.7 1.1 1.0 1.0 · ·
Inventory Turnover 7-point trend, +209.7% 83.5 64.8 47.0 44.9 52.3 45.1 27.0 · · · · ·
Receivables Turnover 7-point trend, +63.1% 9.9 9.9 9.6 9.5 10.0 9.0 6.1 · · · · ·
Per Share 7
Annual Per Share data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 8-point trend, -91.1% $1.05 $1.04 $2.13 $2.02 $3.74 $2.64 $7.61 $11.89 · · · ·
Revenue / Share 10-point trend, -43.1% $15.77 $17.61 $19.08 $21.51 $23.80 $25.85 $27.60 $26.13 $25.32 $27.70 · ·
Cash Flow / Share 10-point trend, -63.9% $0.78 $0.70 $0.68 $0.30 $0.95 $0.44 $0.38 $1.88 $2.09 $2.17 · ·
Cash / Share 8-point trend, -24.0% $0.61 $0.72 $0.67 $0.64 $0.92 $1.24 $1.21 $0.81 · · · ·
Dividend / Share 8-point trend, -100.0% · · · · $0 $0 $2 $1 $1 $1 $1 $1
Dividend Paid / Share 3-point trend, +7.0% · · · · · · $2 $1 $1 · · ·
EPS (TTM) 10-point trend, -98.6% $0.01 $-0.18 $-0.20 $-0.57 $-1.00 $-5.09 $-1.77 $0.31 $-0.02 $0.70 · ·
Growth Rates 3
Annual Growth Rates data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -42.2% -8.2% -5.8% -9.6% -8.2% -5.8% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -0.1% -7.9% -7.9% -7.9% · · · · · · · · ·
Revenue CAGR 5Y -7.5% · · · · · · · · · · ·
Valuation (TTM) 16
Annual Valuation (TTM) data for TDAY
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 10-point trend, +83.4% $2.30B $2.51B $2.66B $2.95B $3.21B $3.41B $1.87B $1.53B $1.34B $1.26B · ·
Net Income TTM 10-point trend, -94.5% $2M $-26M $-28M $-78M $-135M $-670M $-120M $18M $-915.0K $32M · ·
Market Cap 8-point trend, +9.5% $758M $746M $343M $297M $758M $464M $823M $692M · · · ·
Enterprise Value 7-point trend, +51.4% $1.62B $1.72B $1.29B $1.36B $1.86B · $2.30B $1.07B · · · ·
P/E 10-point trend, +2158.8% 515.0 -28.1 -11.5 -3.6 -5.3 -0.7 -3.6 37.0 -839.0 22.8 · ·
P/S 8-point trend, -27.4% 0.3 0.3 0.1 0.1 0.2 0.1 0.4 0.5 · · · ·
P/B 8-point trend, +406.5% 4.9 4.9 1.1 1.0 1.4 1.3 0.8 1.0 · · · ·
P / Cash Flow 8-point trend, +4.9% 6.6 7.4 3.6 7.3 6.0 8.0 32.2 6.3 · · · ·
P / FCF 8-point trend, +70.5% 12.0 14.7 6.1 -64.5 8.6 22.3 71.2 7.1 · · · ·
EV / EBITDA 7-point trend, +30.5% 9.8 15.2 5.2 9.2 5.9 · -65.6 7.5 · · · ·
EV / FCF 7-point trend, +135.7% 25.8 33.9 22.8 -296.6 21.2 · 199.3 10.9 · · · ·
EV / Revenue 7-point trend, +0.3% 0.7 0.7 0.5 0.5 0.6 · 1.2 0.7 · · · ·
Dividend Yield 4-point trend, -100.0% · · · · 0.00% 0.00% 11.2% 12.6% · · · ·
Earnings Yield 10-point trend, -95.7% 0.19% -3.6% -8.7% -28.1% -18.8% -151.5% -27.7% 2.7% -0.12% 4.4% · ·
Payout Ratio 6-point trend, -100.0% · · · · 0.00% 0.00% -76.7% 479.2% -8263.2% 188.9% · ·
Annual Payout 6-point trend, -100.0% · · · · $0 $0 $92M $87M $76M $60M · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $2.30B$2.51B$2.66B$2.95B$3.21B
Operating Margin % -1.7%3.2%-1.1%3.4%
Net Income $2M$-26M$-28M$-78M$-135M
Diluted EPS $0.01$-0.18$-0.20$-0.57$-1.00
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 6.27.13.33.92.3
Current Ratio 0.80.80.80.80.9
Quick Ratio 0.60.60.70.60.7
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $63M$51M$56M$-5M$88M

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Institutional owners (13F) 241 filers · $934.8M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
37 (-11 vs prior Q) 28 (+12 vs prior Q) 62 (-5 vs prior Q) 58 (-1 vs prior Q) +4.0M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Two Seas Capital LP $120,301,159 14,070,311 12.87% Shares
Apollo Management Holdings, L.P. $103,700,864 12,128,756 11.09% Shares
Alta Fundamental Advisers LLC $91,900,043 10,748,543 9.83% Shares
COOPERMAN LEON G $53,625,267 6,271,961 5.74% Shares
VANGUARD CAPITAL MANAGEMENT LLC $51,675,217 6,043,885 5.53% Shares
GOLDMAN SACHS GROUP INC $39,453,351 4,614,427 4.22% Shares
Philosophy Capital Management LLC $36,765,000 4,300,000 3.93% Shares
VR Advisory Services Ltd $31,621,833 3,698,460 3.38% Shares
DIMENSIONAL FUND ADVISORS LP $28,395,243 3,321,081 3.04% Shares
GEODE CAPITAL MANAGEMENT, LLC $27,543,198 3,220,729 2.95% Shares
STATE STREET CORP $27,266,967 3,189,119 2.92% Shares
Oasis Management Co Ltd. $26,321,705 3,078,562 2.82% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $21,047,330 2,461,676 2.25% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $20,977,340 2,453,490 2.24% Shares
Whitefort Capital Management, LP $17,141,322 2,004,833 1.83% Shares
Jefferies Financial Group Inc. $17,100,000 2,000,000 1.83% Shares
FMR LLC $16,023,760 1,874,124 1.71% Shares
CenterBook Partners LP $13,587,344 1,589,163 1.45% Shares
Miller Value Partners, LLC $11,979,234 1,401,080 1.28% Shares
Shay Capital LLC $11,542,355 1,349,983 1.23% Shares
TWO SIGMA INVESTMENTS, LP $11,270,747 1,318,216 1.21% Shares
HENNESSY ADVISORS INC $10,578,522 1,237,254 1.13% Shares
D. E. Shaw & Co., Inc. $9,485,909 1,109,463 1.01% Shares
VANGUARD FIDUCIARY TRUST CO $7,939,000 928,538 0.85% Shares
RENAISSANCE TECHNOLOGIES LLC $7,127,442 833,619 0.76% Shares
Silverberg Bernstein Capital Management LLC $6,780,389 793,028 0.73% Shares
P SCHOENFELD ASSET MANAGEMENT LP $6,392,955 747,714 0.68% Shares
FourWorld Capital Management LLC $5,399,248 631,491 0.58% Shares
Empyrean Capital Partners, LP $4,275,000 500,000 0.46% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $4,180,634 488,963 0.45% Shares
Steamboat Capital Partners, LLC $4,165,671 487,213 0.45% Shares
FIRST TRUST ADVISORS LP $3,646,429 426,483 0.39% Shares
PLUSTICK MANAGEMENT LLC $3,420,000 400,000 0.37% Shares
AMERICAN CENTURY COMPANIES INC $3,237,774 378,687 0.35% Shares
OP Asset Management Ltd $3,039,132 355,454 0.33% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $2,995,920 350,400 0.32% Call option
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $2,706,195 316,514 0.29% Shares
STATE OF WISCONSIN INVESTMENT BOARD $2,651,919 310,166 0.28% Shares
BARCLAYS PLC $2,616,386 306,010 0.28% Shares
Swiss National Bank $2,398,275 280,500 0.26% Shares
Aurelius Capital Management, LP $2,354,088 569,997 0.25% Shares
Long Focus Capital Management, LLC $2,298,779 268,863 0.25% Shares
Pingora Partners LLC $2,160,269 252,663 0.23% Shares
BTG Pactual Asset Management US LLC $2,137,500 250,000 0.23% Shares
Round Rock Advisors LLC $2,131,284 249,273 0.23% Shares
Bank of New York Mellon Corp $2,018,441 236,075 0.22% Shares
CITIGROUP INC $1,993,492 233,157 0.21% Shares
Engineers Gate Manager LP $1,783,000 208,538 0.19% Shares
BOOTHBAY FUND MANAGEMENT, LLC $1,766,952 206,661 0.19% Shares
Murchinson Ltd. $1,710,000 200,000 0.18% Shares
HighVista Strategies LLC $1,611,675 188,500 0.17% Shares
RHUMBLINE ADVISERS $1,455,270 170,208 0.16% Shares
Invst, LLC $1,420,181 166,103 0.15% Shares
ALLIANCEBERNSTEIN L.P. $1,202,991 170,637 0.13% Shares
BANK OF AMERICA CORP /DE/ $1,109,790 129,800 0.12% Shares
PEAK6 LLC $1,088,406 127,299 0.12% Shares
Shay Capital LLC $1,026,000 120,000 0.11% Call option
CITIGROUP INC $1,026,000 120,000 0.11% Call option
IEQ CAPITAL, LLC $975,170 114,055 0.10% Shares
BlackRock, Inc. $966,227 113,009 0.10% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $905,410 128,427 0.10% Shares
ALGERT GLOBAL LLC $891,508 104,270 0.10% Shares
Voleon Capital Management LP $882,924 103,266 0.09% Shares
VANGUARD ASSET MANAGEMENT, Ltd $870,664 101,832 0.09% Shares
Vanguard Global Advisers, LLC $767,021 89,710 0.08% Shares
LEE DANNER & BASS INC $722,920 84,552 0.08% Shares
MetLife Investment Management, LLC $714,831 83,606 0.08% Shares
HOWARD FINANCIAL SERVICES, LTD. $684,000 80,000 0.07% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $679,785 79,507 0.07% Shares
PFG Investments, LLC $622,688 72,829 0.07% Shares
Optimize Financial Inc $578,770 82,095 0.06% Shares
State of Wyoming $566,959 66,311 0.06% Shares
Sandro Wealth Management LLC $561,838 65,712 0.06% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $538,094 62,935 0.06% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $523,012 61,171 0.06% Shares
MORGAN STANLEY $516,061 60,358 0.06% Shares
STRS OHIO $490,770 57,400 0.05% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $487,572 57,026 0.05% Shares
TWO SIGMA ADVISERS, LP $484,708 94,118 0.05% Shares
Range Financial Group LLC $481,818 56,353 0.05% Shares
Qube Research & Technologies Ltd $481,613 56,329 0.05% Shares
Invesco Ltd. $468,711 54,820 0.05% Shares
PRUDENTIAL FINANCIAL INC $467,403 54,667 0.05% Shares
CAXTON ASSOCIATES LP $466,486 92,191 0.05% Shares
IFG Advisory, LLC $451,013 52,750 0.05% Shares
CITADEL ADVISORS LLC $423,225 49,500 0.05% Put option
RITHOLTZ WEALTH MANAGEMENT $422,746 49,444 0.05% Shares
JANUS HENDERSON GROUP PLC $419,475 59,500 0.04% Shares
CITADEL ADVISORS LLC $403,560 47,200 0.04% Call option
Quantinno Capital Management LP $384,836 45,010 0.04% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $371,925 43,500 0.04% Put option
Gotham Asset Management, LLC $367,103 42,936 0.04% Shares
VANGUARD GROUP INC $366,186 71,104 0.04% Shares
Vanguard Investments Australia, Ltd. $337,657 39,492 0.04% Shares
Police & Firemen's Retirement System of New Jersey $332,475 38,886 0.04% Shares
ARIZONA STATE RETIREMENT SYSTEM $329,705 38,562 0.04% Shares
NEW YORK STATE COMMON RETIREMENT FUND $325,755 38,100 0.03% Shares
CWM, LLC $319,555 45,327 0.03% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $310,185 36,279 0.03% Shares
Mariner, LLC $301,718 35,288 0.03% Shares

Company insiders 22 insiders · 5 officers · 11 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Paul J Bascobert CEO of Gannett Media Corp. April 17, 2020 A 230,736 0 0 $0
Douglas Edward Horne CFO Aug. 6, 2024 A 863,909 0 0 $0
Alison K Engel Chief Financial Officer Nov. 19, 2019 A 2,754 0 0 $0
Gregory William Freiberg CFO and CAO Nov. 7, 2018 S 48,769 0 0 $0
Kirk A Davis Chief Operating Officer Feb. 25, 2019 A 209,933 0 0 $0
Maha Al-Emam Director June 2, 2026 A 82,726 0 0 $0
Amy Reinhard Director June 2, 2026 A 186,319 0 0 $0
Barbara W. Wall Director June 2, 2026 A 443,985 0 0 $0
Debra A. Sandler Director June 2, 2026 A 276,087 0 0 $0
Theodore Peter Janulis Director June 2, 2026 A 284,392 0 0 $0
Kevin M Sheehan Director June 2, 2026 A 239,392 0 0 $0
John Jeffry Louis Director Feb. 6, 2026 S 0 0 1 $-78,805
Laurence Tarica Director June 3, 2025 A 1,125,479 0 0 $0
Maria M Miller Director June 2, 2023 A 201,049 0 0 $0
Vinayak Hegde Director June 8, 2021 A 23,764 0 0 $0
Wesley R Edens Director Dec. 15, 2016 A 47,200 0 0 $0
COOPERMAN LEON G 10% owner Aug. 29, 2016 P 448,697 0 0 $0
NEWCASTLE INVESTMENT CORP 10% owner Feb. 6, 2014 J 0 0 0 $0
Trisha Gosser Aug. 11, 2026 A 163,981 0 0 $0
Cindy Gallagher Aug. 11, 2026 A 126,890 0 0 $0
Michael Reed Aug. 11, 2026 A 3,170,931 0 0 $0
Mayur Gupta June 9, 2020 A 52,496 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 3 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Fortress Operating Entity I LP, FIG Corp., Fortress Investment Group LLC ×3 filings Oct. 11, 2022 Initial filing SEC
MNG Enterprises, Inc., MNG Investment Holdings, LLC, Strategic Investment Opportunities LLC, Alden Global Capital LLC, Heath Freeman ×3 filings Dec. 4, 2019 Initial filing SEC
Leon G. Cooperman ×4 filings Aug. 8, 2019 Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 44 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
DWAS · Invesco Exchange-Traded Fund Trust … 0.34% 212,392 SH Aug. 8, 2026 Daily
IWC · iShares Trust 0.25% 466,619 SH Aug. 8, 2026 Daily
ROSC · Lattice Strategies Trust 0.21% 16,133 NS April 30, 2026 N-PORT
VFMF · VANGUARD WELLINGTON FUND 0.15% 127,246 SH Aug. 8, 2026 Daily
GSSC · Goldman Sachs ETF Trust 0.14% 173,122 NS May 31, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.11% 1,276,206 NS May 31, 2026 N-PORT
VFMO · VANGUARD WELLINGTON FUND 0.11% 249,659 SH Aug. 8, 2026 Daily
AVSC · AMERICAN CENTURY ETF TRUST 0.10% 354,831 NS May 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.08% 146,863 NS April 30, 2026 N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS 0.07% 147,134 SH Aug. 8, 2026 Daily
VOX · VANGUARD WORLD FUND 0.07% 502,658 SH Aug. 8, 2026 Daily
IWO · iShares Trust 0.07% 1,257,743 SH Aug. 8, 2026 Daily
EBIT · Harbor ETF Trust 0.06% 1,005 NS April 30, 2026 N-PORT
FCOM · FIDELITY COVINGTON TRUST 0.06% 148,369 NS April 30, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.06% 225,912 SH Aug. 8, 2026 Daily
EBI · RBB Fund Trust 0.05% 43,091 NS May 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.04% 789,995 SH Aug. 8, 2026 Daily
IWM · iShares Trust 0.03% 3,481,504 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.03% 29,707 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.03% 61,040 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.03% 6,631 NS May 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.03% 488,548 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.02% 605,770 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.02% 5,192 NS May 31, 2026 N-PORT
ISCB · iShares Trust 0.02% 5,707 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.01% 10,852 SH Aug. 8, 2026 Daily
URTY · ProShares Trust 0.01% 5,257 NS May 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.01% 5,534 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.01% 1,457,039 SH Aug. 8, 2026 Daily
FNDB · SCHWAB STRATEGIC TRUST 0.01% 15,596 NS May 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.01% 3,499 SH Aug. 8, 2026 Daily
DFAC · Dimensional ETF Trust 0.01% 380,625 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.01% 5,626 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.00% 132 NS May 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 16,666 NS April 30, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 40,160 NS April 30, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 49,891 NS April 30, 2026 N-PORT
ITOT · iShares Trust 0.00% 177,252 SH Aug. 8, 2026 Daily
SCHB · SCHWAB STRATEGIC TRUST 0.00% 73,563 NS May 31, 2026 N-PORT
IWV · iShares Trust 0.00% 26,634 SH Aug. 8, 2026 Daily
AVUS · AMERICAN CENTURY ETF TRUST 0.00% 3,698 NS May 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 4,444,000 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 12,106 SH Aug. 8, 2026 Daily
DFUV · Dimensional ETF Trust 0.00% 330 NS April 30, 2026 N-PORT