NYSE:GAB

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

$5.57

+0.13 (+2.39%)

(As of 06/2/2023 ET)

Compare

Today's Range: $5.43
▼
$5.59
50-Day Range: $5.33
▼
$5.74
52-Week Range: $4.84
▼
$6.91

Volume: 643,447 shs
Average Volume: 409,371 shs
Market Capitalization: $1.66 billion

P/E Ratio: N/A
Dividend Yield: 10.77%
Price Target: N/A

About The Gabelli Equity Trust (NYSE:GAB) Stock

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.

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GAB Stock News Headlines

May 20, 2023 | americanbankingnews.com

The Gabelli Equity Trust Inc. (GAB) to Issue Quarterly Dividend of $0.15 on June 23rd

May 19, 2023 | msn.com

Gabelli Multimedia Trust (GGT) Declares $0.22 Dividend

June 2, 2023 | Behind the Markets (Ad)

WARNING to all American Investors

China's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>

May 5, 2023 | msn.com

Billionaire investor Mario Gabelli: If I'm a politician, I'd be concerned about mortgages

April 24, 2023 | seekingalpha.com

GAB: A Solid CEF That Beat The Market Last Year, But An Expensive One

April 22, 2023 | msn.com

RESEARCH PARTNERS AG Upgrades Givaudan (SIX:GIVN)

April 21, 2023 | msn.com

SOCIETE GENERALE Upgrades Traton SE (8TRA)

April 21, 2023 | msn.com

WARBURG RESEARCH GMBH Maintains Traton SE (8TRA) Buy Recommendation

June 2, 2023 | Behind the Markets (Ad)

WARNING to all American Investors

China's sneaky plan could wipe out your retirement - in a single morning. Learn how to protect yourself here>>>

February 10, 2023 | morningstar.com

Gabelli Equity Trust GAB

January 21, 2023 | wsj.com

Gabelli Equity Trust Inc. 5% Pfd. Series K

January 11, 2023 | seekingalpha.com

Billionaire Mario Gabelli sees 'pretty bright' future following speed bumps in early 2023

December 30, 2022 | benzinga.com

Gabelli Convertible and Income Securities Fund Announces Closing of Private Placement of 5.20% Series G Cumulative Preferred Stock

December 14, 2022 | seekingalpha.com

GRX: Lagging Peers, But Discount Is Attractive

October 10, 2022 | seekingalpha.com

Gabelli Dividend & Income Trust: An Index ETF May Be Better

September 21, 2022 | nasdaq.com

Gabelli Equity Trust's Series G Preferred Stock Crosses Above 5.5% Yield Territory

September 16, 2022 | seekingalpha.com

Gabelli Equity Trust goes ex-dividend tomorrow

September 12, 2022 | reuters.com

Gabelli Global Small and Mid Cap Value Trust

September 7, 2022 | seekingalpha.com

GDV: Attractive Preferred Equity From This CEF

July 16, 2022 | ca.finance.yahoo.com

The Gabelli Equity Trust Inc. PFD-G (GAB-PG)

May 26, 2022 | cnbc.com

There is no such thing as an intellectual market bottom, only emotional, says Larry Haverty

May 13, 2022 | nasdaq.com

Gabelli Equity Trust's Series G Cumulative Preferred Stock Yield Pushes Past 5.5%

May 11, 2022 | investing.com

GAB_ph Historical Data

May 10, 2022 | seekingalpha.com

CEF Preferred Shares For Income, Diversification And Quality

April 6, 2022 | nasdaq.com

Gabelli Equity Trust (GAB) Shares Cross Below 200 DMA

February 15, 2022 | nasdaq.com

Gabelli Equity Trust (GAB) Shares Cross Above 200 DMA

February 10, 2022 | seekingalpha.com

Gabelli Equity Trust declares $0.15 dividend

See More Headlines

GAB Price History

30 days | 90 days | 365 days | Advanced Chart

GAB Company Calendar

Ex-Dividend for 3/24 Dividend: 3/16/2023
Dividend Payable: 3/24/2023
Today: 6/02/2023
Ex-Dividend for 6/23 Dividend: 6/14/2023
Dividend Payable: 6/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:GAB
CUSIP: N/A
CIK: 794685
Web: www.gabelli.com
Phone: N/A
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 297,850,000
Free Float: 295,173,000
Market Cap: $1.64 billion
Optionable: Not Optionable
Beta: 0.90

Key Executives

Mr. Carter W. Austin (Age 57)
Sr. VP
Comp: $60k

Ms. Molly A.F. Marion (Age 69)
VP
Comp: $80k

Mr. Mario Joseph Gabelli C.F.A. (Age 80)
CFA, Portfolio Mang.

Mr. Bruce N. Alpert CPA (Age 71)
CPA, Principal Exec. Officer, Pres and Chief Operating Officer of Gabelli Funds Llc

Mr. James Ernest McKee (Age 59)
Gen. Counsel, Gen. Counsel of GAMCO Investors Inc and Sec. of GAMCO Investors Inc

Mr. Douglas Richard Jamieson (Age 69)
Pres of GAMCO and Chief Operating Officer of GAMCO

Mr. David I. Schachter (Age 70)
VP

Mr. Kevin V. Dreyer
Portfolio Mang.

Mr. Christopher J. Marangi (Age 49)
Portfolio Mang.

Mr. Robert Douglas Leininger C.F.A.
CFA, Portfolio Mang.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GAB Stock - Frequently Asked Questions

How have GAB shares performed in 2023?: The Gabelli Equity Trust's stock was trading at $5.48 at the beginning of the year. Since then, GAB stock has increased by 0.4% and is now trading at $5.50.
View the best growth stocks for 2023 here.
Are investors shorting The Gabelli Equity Trust?: The Gabelli Equity Trust saw a decline in short interest in May. As of May 15th, there was short interest totaling 190,200 shares, a decline of 32.0% from the April 30th total of 279,700 shares. Based on an average daily trading volume, of 411,200 shares, the days-to-cover ratio is presently 0.5 days.
View The Gabelli Equity Trust's Short Interest.
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 Thursday, May 18th. Shareholders of record on Thursday, June 15th will be given a dividend of $0.15 per share on Friday, June 23rd. This represents a $0.60 annualized dividend and a yield of 10.91%. The ex-dividend date of this dividend is Wednesday, June 14th.
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 11.17%. 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).
What is The Gabelli Equity Trust's stock symbol?: The Gabelli Equity Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GAB."
Who are The Gabelli Equity Trust's major shareholders?: The Gabelli Equity Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include LPL Financial LLC (0.72%), Bank of America Corp DE (0.63%), Commonwealth Equity Services LLC (0.55%), Philadelphia Trust Co. (0.39%), Marks Group Wealth Management Inc (0.16%) and UBS Group AG (0.14%). Insiders that own company stock include Agnes Mullady and Kuni Nakamura.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is The Gabelli Equity Trust's stock price today?: One share of GAB stock can currently be purchased for approximately $5.50.
How much money does The Gabelli Equity Trust make?: The Gabelli Equity Trust (NYSE:GAB) has a market capitalization of $1.64 billion.

This page (NYSE:GAB) was last updated on 6/2/2023 by MarketBeat.com Staff

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