GAMCO Investors (NYSE:GAMI) Sets New 1-Year High at $21.96

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The company traded as high as $21.96 and last traded at $21.91, with a volume of 4185 shares trading hands. The stock had previously closed at $21.81.

GAMCO Investors Price Performance

The stock has a market capitalization of $544.11 million, a price-to-earnings ratio of 9.22 and a beta of 1.09. The firm has a 50 day simple moving average of $20.32 and a 200-day simple moving average of $19.37.

GAMCO Investors (NYSE:GAMI - Get Free Report) last posted its earnings results on Tuesday, February 6th. The company reported $0.66 earnings per share for the quarter. GAMCO Investors had a net margin of 25.53% and a return on equity of 36.38%. The business had revenue of $57.31 million for the quarter.

GAMCO Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Tuesday, March 12th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend was Monday, March 11th. GAMCO Investors's payout ratio is 6.72%.

GAMCO Investors Company Profile

GAMCO Investors, Inc is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.