NYSE:GAB - Gabelli Equity Trust Stock Price, Price Target & More

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$6.28 -0.03 (-0.48 %)
(As of 05/27/2018 01:21 PM ET)
Previous Close$6.28
Today's Range$6.28 - $6.3101
52-Week Range$5.87 - $6.65
Volume308,872 shs
Average Volume435,906 shs
Market Capitalization$1.49 billion
P/E RatioN/A
Dividend Yield9.71%
Beta1.31

About Gabelli Equity Trust (NYSE:GAB)

There is no company description available for Gabelli Equity Trust.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:GAB
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares237,020,000

Gabelli Equity Trust (NYSE:GAB) Frequently Asked Questions

What is Gabelli Equity Trust's stock symbol?

Gabelli Equity Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GAB."

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

Gabelli Equity Trust declared a quarterly dividend on Friday, May 18th. Investors of record on Friday, June 15th will be paid a dividend of $0.15 per share on Friday, June 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.55%. The ex-dividend date is Thursday, June 14th. View Gabelli Equity Trust's Dividend History.

Are investors shorting Gabelli Equity Trust?

Gabelli Equity Trust saw a decline in short interest in April. As of April 13th, there was short interest totalling 170,335 shares, a decline of 74.1% from the March 30th total of 658,650 shares. Based on an average daily trading volume, of 733,399 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company's shares are short sold.

Who are some of Gabelli Equity Trust's key competitors?

Who are Gabelli Equity Trust's key executives?

Gabelli Equity Trust's management team includes the folowing people:
  • Mario Joseph Gabelli, Chairman of the Board, Chief Investment Officer (Age 75)
  • Bruce N. Alpert CPA., President (Age 65)
  • Agnes Mullady, Chief Financial Officer, Chief Accounting Officer, Treasurer (Age 58)
  • Richard J. Walz, Chief Compliance Officer (Age 57)
  • Andrea R. Mango, Vice President, Secretary (Age 44)
  • Carter W. Austin, Vice President (Age 50)
  • Molly A. F. Marion, Vice President and Ombudsman (Age 63)
  • David I. Schachter, Vice President (Age 63)
  • James P. Conn, Lead Independent Director (Age 79)
  • Anthony J. Colavita Esq., Independent Director (Age 81)

Has Gabelli Equity Trust been receiving favorable news coverage?

News articles about GAB stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gabelli Equity Trust earned a media sentiment score of 0.19 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 47.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Gabelli Equity Trust's major shareholders?

Gabelli Equity Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include First Allied Advisory Services Inc. (0.78%), LPL Financial LLC (0.35%), Commonwealth Equity Services LLC (0.30%), Wells Fargo & Company MN (0.27%), 1607 Capital Partners LLC (0.27%) and City of London Investment Management Co. Ltd. (0.20%). View Institutional Ownership Trends for Gabelli Equity Trust.

Which institutional investors are selling Gabelli Equity Trust stock?

GAB stock was sold by a variety of institutional investors in the last quarter, including City of London Investment Management Co. Ltd., Wells Fargo & Company MN, Yakira Capital Management Inc., First Allied Advisory Services Inc., Sheaff Brock Investment Advisors LLC, US Bancorp DE, United Capital Financial Advisers LLC and Citigroup Inc.. View Insider Buying and Selling for Gabelli Equity Trust.

Which institutional investors are buying Gabelli Equity Trust stock?

GAB stock was bought by a variety of institutional investors in the last quarter, including LPL Financial LLC, 1607 Capital Partners LLC, RMB Capital Management LLC, Stratos Wealth Partners LTD., Stifel Financial Corp, Quad Cities Investment Group LLC, Royal Bank of Canada and Brinker Capital Inc.. View Insider Buying and Selling for Gabelli Equity Trust.

How do I buy shares of Gabelli Equity Trust?

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

What is Gabelli Equity Trust's stock price today?

One share of GAB stock can currently be purchased for approximately $6.28.

How big of a company is Gabelli Equity Trust?

Gabelli Equity Trust has a market capitalization of $1.49 billion.


MarketBeat Community Rating for Gabelli Equity Trust (GAB)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  67 (Vote Outperform)
Underperform Votes:  65 (Vote Underperform)
Total Votes:  132
MarketBeat's community ratings are surveys of what our community members think about Gabelli Equity Trust and other stocks. Vote "Outperform" if you believe GAB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GAB will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Gabelli Equity Trust (NYSE:GAB) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/27/2016 forward)

Earnings

Dividends

Gabelli Equity Trust (NYSE:GAB) Dividend Information

Gabelli Equity Trust pays an annual dividend of $0.61 per share, with a dividend yield of 9.71%. GAB's next quarterly dividend payment will be made on Friday, June 22.
Next Dividend:6/22/2018
Annual Dividend:$0.61
Dividend Yield:9.71%
Dividend Growth:-10.40% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Gabelli Equity Trust (NYSE:GAB)

Gabelli Equity Trust (NYSE:GAB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2018quarterly$0.159.49%6/14/20186/15/20186/22/2018
2/21/2018Quarterly$0.159.39%3/14/20183/15/20183/22/2018
11/20/2017quarterly$0.1610.58%12/7/201712/8/201712/15/2017
8/25/2017Quarterly$0.159.68%9/14/20179/15/20179/22/2017
5/19/2017quarterly$0.159.88%6/14/20176/16/20176/23/2017
2/24/2017quarterly$0.159.92%3/15/20173/17/20173/24/2017
11/21/2016quarterly$0.1510.91%12/7/201612/9/201612/16/2016
8/18/2016quarterly$0.1510.34%9/14/20169/16/20169/23/2016
5/20/2016quarterly$0.1511.01%6/14/20166/16/20166/23/2016
2/26/2016quarterly$0.1511.9%3/14/20163/16/20163/23/2016
11/20/2015quarterly$0.1913.5%12/9/201512/11/201512/18/2015
8/21/2015quarterly$0.1510.6%9/14/20159/16/20159/23/2015
5/22/2015quarterly$0.159.1%6/12/20156/16/20156/23/2015
2/18/2015quarterly$0.159.17%3/13/20153/17/20153/24/2015
11/20/2014quarterly$0.1911.13%12/10/201412/12/201412/19/2014
(Data available from 1/1/2013 forward)

Insider Trades

Gabelli Equity Trust (NYSE GAB) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 9.39%
Insider Trading History for Gabelli Equity Trust (NYSE:GAB)
Institutional Ownership by Quarter for Gabelli Equity Trust (NYSE:GAB)

Gabelli Equity Trust (NYSE GAB) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/9/2014Mario J GabelliInsiderSell20,000$6.82$136,400.00View SEC Filing  
9/3/2014William F HeitmannDirectorBuy33,250$7.53$250,372.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Gabelli Equity Trust (NYSE GAB) News Headlines

Source:
DateHeadline
Gabelli Equity Trust to Issue Quarterly Dividend of $0.15 (GAB)Gabelli Equity Trust to Issue Quarterly Dividend of $0.15 (GAB)
www.americanbankingnews.com - May 18 at 6:27 PM
Short Interest in Gabelli Equity Trust (GAB) Decreases By 74.1%Short Interest in Gabelli Equity Trust (GAB) Decreases By 74.1%
www.americanbankingnews.com - May 2 at 1:40 AM
Closed-End Fund GDV: Great Fund With Growth Potential At An Attractive PriceClosed-End Fund GDV: Great Fund With Growth Potential At An Attractive Price
seekingalpha.com - May 1 at 8:21 AM
Gabelli Equity Trust Inc (GAB) Plans Quarterly Dividend of $0.15Gabelli Equity Trust Inc (GAB) Plans Quarterly Dividend of $0.15
www.americanbankingnews.com - March 9 at 12:50 PM
Raymond James Financial Services Advisors Inc. Has $1.90 Million Stake in Gabelli Equity Trust Inc (GAB)Raymond James Financial Services Advisors Inc. Has $1.90 Million Stake in Gabelli Equity Trust Inc (GAB)
www.americanbankingnews.com - March 6 at 8:00 AM
Yakira Capital Management Inc. Purchases 119,348 Shares of Gabelli Equity Trust Inc (GAB)Yakira Capital Management Inc. Purchases 119,348 Shares of Gabelli Equity Trust Inc (GAB)
www.americanbankingnews.com - February 28 at 5:04 PM
BRIEF-Gabelli Equity Trust Reaffirms 10% Distribution PolicyBRIEF-Gabelli Equity Trust Reaffirms 10% Distribution Policy
www.reuters.com - February 24 at 9:05 AM
Gabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.15 Per ShareGabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares First Quarter Distribution of $0.15 Per Share
finance.yahoo.com - February 23 at 9:00 AM
Gabelli Equity Trust Inc (GAB) Short Interest UpdateGabelli Equity Trust Inc (GAB) Short Interest Update
www.americanbankingnews.com - January 18 at 2:32 AM
Gabelli Equity Trust Concludes 2017 Rights Offering Heavily Oversubscribed - Business Wire (press release)Gabelli Equity Trust Concludes 2017 Rights Offering Heavily Oversubscribed - Business Wire (press release)
www.businesswire.com - December 14 at 5:19 PM
Gabelli Equity Trust, Inc. (The) (GAB) Short Interest UpdateGabelli Equity Trust, Inc. (The) (GAB) Short Interest Update
www.americanbankingnews.com - November 30 at 3:08 AM
Gabelli Equity Trust, Inc. (The) (GAB) Announces Dividend Increase - $0.16 Per ShareGabelli Equity Trust, Inc. (The) (GAB) Announces Dividend Increase - $0.16 Per Share
www.americanbankingnews.com - November 20 at 5:54 PM
Gabelli Equity Trust Announces Rights Are Expected to Trade “Ex Rights” on the New York Stock Exchange on November 3, 2017Gabelli Equity Trust Announces Rights Are Expected to Trade “Ex Rights” on the New York Stock Exchange on November 3, 2017
finance.yahoo.com - November 2 at 8:10 PM
Gabelli Equity Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of TermsGabelli Equity Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms
finance.yahoo.com - October 26 at 7:20 AM
Gabelli Equity Trust, Inc. (The) (GAB) Announces Quarterly Dividend of $0.15Gabelli Equity Trust, Inc. (The) (GAB) Announces Quarterly Dividend of $0.15
www.americanbankingnews.com - September 9 at 4:15 PM
Gabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Third Quarter Distribution of $0.15 Per ShareGabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Third Quarter Distribution of $0.15 Per Share
finance.yahoo.com - August 26 at 2:12 AM
Gabelli Value Plus+ Trust Plc - Appointment of Corporate BrokerGabelli Value Plus+ Trust Plc - Appointment of Corporate Broker
www.businesswire.com - June 22 at 9:36 AM
Gabelli Equity Trusts Series H Preferred Stock Yield Pushes Past 5%Gabelli Equity Trust's Series H Preferred Stock Yield Pushes Past 5%
www.nasdaq.com - June 16 at 6:03 PM
Cash Dividend On The Way From Gabelli Equity Trusts Series G Cumulative Preferred StockCash Dividend On The Way From Gabelli Equity Trust's Series G Cumulative Preferred Stock
www.nasdaq.com - June 13 at 5:07 PM
Gabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.15 Per ShareGabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Second Quarter Distribution of $0.15 Per Share
www.marketwatch.com - May 19 at 10:10 PM
Gabelli Global Small and Mid Cap Value Trust Declares Distribution of $0.05 Per Share - Business Wire (press release)Gabelli Global Small and Mid Cap Value Trust Declares Distribution of $0.05 Per Share - Business Wire (press release)
www.businesswire.com - December 9 at 5:35 PM
Gabelli Equity Trust, Inc. (GAB) Ex-Dividend Date Scheduled for December 07, 2016 - NasdaqGabelli Equity Trust, Inc. (GAB) Ex-Dividend Date Scheduled for December 07, 2016 - Nasdaq
www.nasdaq.com - December 7 at 10:45 AM
Q3 2016 Gabelli Equity Trust Inc Earnings Release - Time Not SuppliedQ3 2016 Gabelli Equity Trust Inc Earnings Release - Time Not Supplied
biz.yahoo.com - November 24 at 8:05 AM
Gabelli Global Small and Mid Cap Value Trust Announces Year-End Distribution Dates - Business Wire (press release)Gabelli Global Small and Mid Cap Value Trust Announces Year-End Distribution Dates - Business Wire (press release)
www.businesswire.com - November 18 at 4:38 PM
Gabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.15 Per Share - Business Wire (press release)Gabelli Equity Trust Reaffirms Its 10% Distribution Policy and Declares Fourth Quarter Distribution of $0.15 Per Share - Business Wire (press release)
www.businesswire.com - November 18 at 4:38 PM
Q2 2016 Gabelli Equity Trust Inc Earnings Release - After Market CloseQ2 2016 Gabelli Equity Trust Inc Earnings Release - After Market Close
biz.yahoo.com - August 26 at 8:06 AM

SEC Filings

Gabelli Equity Trust (NYSE:GAB) SEC Filings

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Social Media

Financials

Gabelli Equity Trust (NYSE:GAB) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Gabelli Equity Trust (NYSE GAB) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff

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