Tri-Continental (TY) Competitors

$29.92
+0.27 (+0.91%)
(As of 05/3/2024 ET)

TY vs. GAB, USA, TSLX, FSCO, MUC, OXLC, PFLT, PUYI, MVF, and RONI

Should you be buying Tri-Continental stock or one of its competitors? The main competitors of Tri-Continental include The Gabelli Equity Trust (GAB), Liberty All-Star Equity Fund (USA), Sixth Street Specialty Lending (TSLX), FS Credit Opportunities (FSCO), BlackRock MuniHoldings California Quality Fund (MUC), Oxford Lane Capital (OXLC), PennantPark Floating Rate Capital (PFLT), Highest Performances (PUYI), BlackRock MuniVest Fund (MVF), and Rice Acquisition Corp. II (RONI).

Tri-Continental vs.

The Gabelli Equity Trust (NYSE:GAB) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, risk, profitability, media sentiment, valuation, dividends, institutional ownership, community ranking and analyst recommendations.

7.2% of The Gabelli Equity Trust shares are owned by institutional investors. Comparatively, 10.2% of Tri-Continental shares are owned by institutional investors. 0.9% of The Gabelli Equity Trust shares are owned by insiders. Comparatively, 8.7% of Tri-Continental shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Gabelli Equity TrustN/AN/AN/AN/AN/A
Tri-ContinentalN/AN/AN/AN/AN/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Gabelli Equity Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Tri-Continental
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Company Net Margins Return on Equity Return on Assets
The Gabelli Equity TrustN/A N/A N/A
Tri-Continental N/A N/A N/A

In the previous week, The Gabelli Equity Trust had 4 more articles in the media than Tri-Continental. MarketBeat recorded 5 mentions for The Gabelli Equity Trust and 1 mentions for Tri-Continental. Tri-Continental's average media sentiment score of 0.65 beat The Gabelli Equity Trust's score of 0.00 indicating that The Gabelli Equity Trust is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
The Gabelli Equity Trust
0 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tri-Continental
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Tri-Continental received 66 more outperform votes than The Gabelli Equity Trust when rated by MarketBeat users. Likewise, 71.02% of users gave Tri-Continental an outperform vote while only 63.82% of users gave The Gabelli Equity Trust an outperform vote.

CompanyUnderperformOutperform
The Gabelli Equity TrustOutperform Votes
157
63.82%
Underperform Votes
89
36.18%
Tri-ContinentalOutperform Votes
223
71.02%
Underperform Votes
91
28.98%

The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.2%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%.

The Gabelli Equity Trust has a beta of 0.86, suggesting that its stock price is 14% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.95, suggesting that its stock price is 5% less volatile than the S&P 500.

Summary

Tri-Continental beats The Gabelli Equity Trust on 5 of the 8 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TY vs. The Competition

MetricTri-ContinentalInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$1.61B$7.03B$9.22B$17.43B
Dividend Yield3.64%6.39%5.99%3.55%
P/E RatioN/A0.5151.6622.36
Price / SalesN/A15.763,457.9510.43
Price / CashN/A7.7827.4017.82
Price / BookN/A0.983.165.52
Net IncomeN/A$73.96M$999.43M$964.63M
7 Day Performance0.64%1.44%0.85%1.73%
1 Month Performance-0.86%-0.35%-0.13%-1.28%
1 Year Performance14.68%4.90%13.54%101.98%

Tri-Continental Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GAB
The Gabelli Equity Trust
0 of 5 stars
$5.30
-0.4%
N/A-3.6%$1.60BN/A0.00N/ANews Coverage
USA
Liberty All-Star Equity Fund
0 of 5 stars
$6.67
-0.6%
N/A+15.4%$1.81BN/A0.00N/ANews Coverage
TSLX
Sixth Street Specialty Lending
2.1295 of 5 stars
$21.71
+0.1%
$22.60
+4.1%
+17.0%$2.00B$438.09M8.35N/ADividend Cut
News Coverage
FSCO
FS Credit Opportunities
0 of 5 stars
$5.88
+0.5%
N/AN/A$1.17B$263.27M0.00N/ADividend Announcement
News Coverage
Positive News
MUC
BlackRock MuniHoldings California Quality Fund
0 of 5 stars
$10.65
-0.2%
N/A+0.6%$1.02BN/A0.00147,000Upcoming Earnings
Dividend Announcement
News Coverage
OXLC
Oxford Lane Capital
0.4426 of 5 stars
$4.99
flat
$6.00
+20.2%
+1.6%$780.44M$142.18M4.94N/A
PFLT
PennantPark Floating Rate Capital
0.6281 of 5 stars
$11.38
-0.6%
$11.75
+3.3%
+7.6%$701.35M$139.34M10.16N/AUpcoming Earnings
News Coverage
PUYI
Highest Performances
0 of 5 stars
$8.82
+0.2%
N/A+64.2%$532.02M$114.44M0.00288Gap Up
MVF
BlackRock MuniVest Fund
0 of 5 stars
$6.82
-0.1%
N/A+1.6%$438.89MN/A0.00147,000Dividend Announcement
News Coverage
Positive News
RONI
Rice Acquisition Corp. II
0 of 5 stars
$10.90
+0.2%
N/A+5.6%$1.32BN/A0.002,021News Coverage

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This page (NYSE:TY) was last updated on 5/4/2024 by MarketBeat.com Staff

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