GAMCO Investors (NYSE:GAMI) Shares Gap Up to $21.69

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $21.69, but opened at $22.40. GAMCO Investors shares last traded at $22.40, with a volume of 141 shares.

GAMCO Investors Price Performance

The firm has a market cap of $561.51 million, a price-to-earnings ratio of 9.52 and a beta of 1.09. The stock has a 50-day moving average of $20.58 and a 200-day moving average of $19.45.

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

GAMCO Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 12th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Monday, March 11th. GAMCO Investors's payout ratio is presently 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.