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

$6.33 +0.07 (+1.12 %)
(As of 02/18/2018 04:00 PM ET)
Previous Close$6.33
Today's Range$6.27 - $6.35
52-Week Range$5.81 - $6.65
Volume492,190 shs
Average Volume1.07 million shs
Market Capitalization$1.50 billion
P/E RatioN/A
Dividend Yield9.64%
Beta1.38

About Gabelli Equity Trust (NYSE:GAB)

The Gabelli Equity Trust Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions. The Fund may engage in various portfolio investment strategies by investing in derivative financial instruments for the purposes of increasing the income of the Fund. The Fund invests in a portfolio of sectors, including food and beverage, financial services, entertainment, cable and satellite, equipment and supplies, aerospace and defense, computer software and services, communications equipment, hotels and gaming, environmental services, metals and mining, building and construction, wireless communications, energy and utilities, consumer services, transportation and agriculture. The Fund's investment advisor is Gabelli Funds, LLC.

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Industry, Sector and Symbol

Industry Closed End Funds
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

Trailing EPSN/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 announced a quarterly dividend on Monday, November 20th. Shareholders of record on Friday, December 8th will be given a dividend of $0.16 per share on Friday, December 15th. This represents a $0.64 dividend on an annualized basis and a yield of 10.11%. The ex-dividend date is Thursday, December 7th. This is a boost from Gabelli Equity Trust's previous quarterly dividend of $0.15. View Gabelli Equity Trust's Dividend History.

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)

Who owns Gabelli Equity Trust stock?

Gabelli Equity Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (0.83%), First Allied Advisory Services Inc. (0.80%), City of London Investment Management Co. Ltd. (0.77%), Gamco Investors INC. ET AL (0.36%), IFC Holdings Incorporated FL (0.26%) and Raymond James Financial Services Advisors Inc. (0.13%). View Institutional Ownership Trends for Gabelli Equity Trust.

Who sold Gabelli Equity Trust stock? Who is selling Gabelli Equity Trust stock?

Gabelli Equity Trust's stock was sold by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Hollencrest Capital Management, Advisor Group Inc., IFP Advisors Inc, Private Advisor Group LLC and IFC Holdings Incorporated FL. View Insider Buying and Selling for Gabelli Equity Trust.

Who bought Gabelli Equity Trust stock? Who is buying Gabelli Equity Trust stock?

Gabelli Equity Trust's stock was acquired by a variety of institutional investors in the last quarter, including City of London Investment Management Co. Ltd., First Allied Advisory Services Inc., Wells Fargo & Company MN, Bulldog Investors LLC, Gamco Investors INC. ET AL, Yakira Capital Management Inc., Advisory Services Network LLC and Cetera Advisor Networks LLC. View Insider Buying and Selling for Gabelli Equity Trust.

How do I buy Gabelli Equity Trust stock?

Shares of Gabelli Equity Trust 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 Gabelli Equity Trust stock can currently be purchased for approximately $6.33.

How big of a company is Gabelli Equity Trust?

Gabelli Equity Trust has a market capitalization of $1.50 billion.


MarketBeat Community Rating for Gabelli Equity Trust (GAB)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  54 (Vote Outperform)
Underperform Votes:  51 (Vote Underperform)
Total Votes:  105
MarketBeat's community ratings are surveys of what our community members think about Gabelli Equity Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock 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


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Gabelli Equity Trust (NYSE:GAB)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Gabelli Equity Trust (NYSE:GAB) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Gabelli Equity Trust (NYSE:GAB) Dividend Information

Most Recent Dividend:12/15/2017
Annual Dividend:$0.61
Dividend Yield:9.64%
Dividend Growth:-10.40% (3 Year Average)
Payout Ratio:
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
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: 4.93%
Insider Trades by Quarter for Gabelli Equity Trust (NYSE:GAB)
Institutional Ownership by Quarter for Gabelli Equity Trust (NYSE:GAB)

Gabelli Equity Trust (NYSE GAB) Insider Trades by Quarter

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 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, February, 18, 2018

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This page was last updated on 2/18/2018 by MarketBeat.com Staff

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