The Gabelli Equity Trust (GAB) Stock Price, News & Analysis

Company Overview

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in preferred stock, convertible or exchangeable securities, and warrants and rights. The fund primarily invests in value stocks of companies across market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach to create its portfolio. The fund seeks to benchmarks the performance of its portfolio against the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States.

Key Stats

• Today's Range: $5.37 to $5.44
• 50-Day Range: $5.36 to $5.60
• 52-Week Range: $4.57 to $5.74
• Volume: 693,849 shs
• Average Volume: 570,564 shs
• Market Capitalization: $1.62 billion
• P/E Ratio: N/A
• Dividend Yield: 11.17%
• Price Target: N/A
• Consensus Rating: N/A

GAB Stock Analysis - Frequently Asked Questions

How have GAB shares performed this year?

The Gabelli Equity Trust's stock was trading at $5.08 at the beginning of 2024. Since then, GAB shares have increased by 5.7% and is now trading at $5.37.
View the best growth stocks for 2024 here.

Who are The Gabelli Equity Trust's major shareholders?

Top institutional investors of The Gabelli Equity Trust include International Assets Investment Management LLC (0.76%), Shaker Financial Services LLC (0.22%), Marks Group Wealth Management Inc (0.08%) and Private Advisor Group LLC (0.05%). Insiders that own company stock include John Chester Ball, Agnes Mullady and Kuni Nakamura.
View institutional ownership trends.

How do I buy shares of The Gabelli Equity Trust?

Shares of GAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of The Gabelli Equity Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Gabelli Equity Trust investors own include Annaly Capital Management (NLY), Ares Capital (ARCC), Pfizer (PFE), AGNC Investment (AGNC), AT&T (T), Main Street Capital (MAIN) and Altria Group (MO).

Company Calendar

• Ex-Dividend for 9/23 Dividend: 9/16/2024
• Dividend Payable: 9/23/2024
• Today: 10/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:GAB
• CUSIP: N/A
• CIK: 794685
• Web: www.gabelli.com
• Phone: 914-921-5000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $147.98 million
• Price / Sales: 11.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 302,054,000
• Free Float: 299,336,000
• Market Cap: $1.63 billion
• Optionable: Not Optionable
• Beta: 0.87