NYSE:GAB

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

$5.28
0.00 (0.00%)
(As of 05/1/2024 ET)
Today's Range
$5.28
$5.33
50-Day Range
$5.17
$5.73
52-Week Range
$4.56
$5.88
Volume
379,054 shs
Average Volume
425,281 shs
Market Capitalization
$1.60 billion
P/E Ratio
N/A
Dividend Yield
11.35%
Price Target
N/A
GAB stock logo

About The Gabelli Equity Trust Stock (NYSE:GAB)

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.

GAB Stock Price History

GAB Stock News Headlines

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Company Calendar

Ex-Dividend for 3/21 Dividend
3/13/2024
Dividend Payable
3/21/2024
Today
5/01/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
299,456,000
Market Cap
$1.60 billion
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Carter W. Austin (Age 58)
    Senior Vice President
    Comp: $60k
  • Ms. Molly A.F. Marion (Age 70)
    Vice President
    Comp: $80k
  • Mr. Mario Joseph Gabelli C.F.A. (Age 82)
    Portfolio Manager
  • Mr. Bruce N. Alpert CPA (Age 72)
    Principal Executive Officer, President and Chief Operating Officer of Gabelli Funds Llc
  • Mr. Douglas Richard Jamieson (Age 70)
    President of GAMCO and Chief Operating Officer of GAMCO
  • Mr. David I. Schachter (Age 71)
    Vice President
  • Mr. Kevin V. Dreyer
    Portfolio Manager
  • Mr. Christopher J. Marangi (Age 50)
    Portfolio Manager
  • Mr. Robert Douglas Leininger C.F.A.
    Portfolio Manager
  • Mr. Daniel M. Miller (Age 43)
    Portfolio Manager

GAB Stock Analysis - Frequently Asked Questions

How have GAB shares performed in 2024?

The Gabelli Equity Trust's stock was trading at $5.08 at the start of the year. Since then, GAB shares have increased by 4.0% and is now trading at $5.2850.
View the best growth stocks for 2024 here
.

Are investors shorting The Gabelli Equity Trust?

The Gabelli Equity Trust saw a decrease in short interest in April. As of April 15th, there was short interest totaling 95,300 shares, a decrease of 47.3% from the March 31st total of 180,700 shares. Based on an average daily trading volume, of 603,600 shares, the short-interest ratio is presently 0.2 days.
View The Gabelli Equity Trust's Short Interest
.

When is The Gabelli Equity Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our GAB earnings forecast
.

How often does The Gabelli Equity Trust pay dividends? What is the dividend yield for The Gabelli Equity Trust?

The Gabelli Equity Trust declared a quarterly dividend on Wednesday, February 14th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.15 per share on Thursday, March 21st. This represents a $0.60 dividend on an annualized basis and a yield of 11.35%. The ex-dividend date is Wednesday, March 13th.
Read our dividend analysis for GAB
.

Is The Gabelli Equity Trust a good dividend stock?

The Gabelli Equity Trust (NYSE:GAB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 11.28%. GAB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GAB.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other The Gabelli Equity Trust investors own include AT&T (T), New Residential Investment (NRZ), Energy Transfer (ET), Main Street Capital (MAIN), Medical Properties Trust (MPW), AbbVie (ABBV), Annaly Capital Management (NLY), Pfizer (PFE), Ares Capital (ARCC) and General Electric (GE).

Who are The Gabelli Equity Trust's major shareholders?

The Gabelli Equity Trust's stock is owned by a number of institutional and retail investors. Top institutional investors include Commonwealth Equity Services LLC (0.85%), Raymond James Financial Services Advisors Inc. (0.11%), Accel Wealth Management (0.10%), Private Advisor Group LLC (0.06%), International Assets Investment Management LLC (0.04%) and Valley Brook Capital Group Inc. (0.03%). Insiders that own company stock include Agnes Mullady, John Chester Ball, Kuni Nakamura and Mario J Gabelli.
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.

This page (NYSE:GAB) was last updated on 5/2/2024 by MarketBeat.com Staff

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