The Gabelli Equity Trust Stock Forecast, Price & News

The Gabelli Equity Trust (NYSE:GAB) Frequently Asked Questions

What stocks does MarketBeat like better than The Gabelli Equity Trust?

Wall Street analysts have given The Gabelli Equity Trust a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Gabelli Equity Trust wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting The Gabelli Equity Trust?

The Gabelli Equity Trust saw a drop in short interest in September. As of September 30th, there was short interest totaling 195,600 shares, a drop of 42.5% from the September 15th total of 339,900 shares. Based on an average daily volume of 715,000 shares, the days-to-cover ratio is currently 0.3 days.
View The Gabelli Equity Trust's Short Interest.

How has The Gabelli Equity Trust's stock price been impacted by COVID-19?

The Gabelli Equity Trust's stock was trading at $5.39 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GAB shares have increased by 28.0% and is now trading at $6.90.
View which stocks have been most impacted by COVID-19.

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

The Gabelli Equity Trust announced a quarterly dividend on Thursday, August 19th. Stockholders of record on Thursday, September 16th will be paid a dividend of $0.15 per share on Thursday, September 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date is Wednesday, September 15th.
View The Gabelli Equity Trust's dividend history.

Is The Gabelli Equity Trust a good dividend stock?

The Gabelli Equity Trust pays an annual dividend of $0.60 per share and currently has a dividend yield of 8.57%. GAB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View The Gabelli Equity Trust's dividend history.

Who are The Gabelli Equity Trust's key executives?

The Gabelli Equity Trust's management team includes the following people:

• Mr. Carter W. Austin, Sr. VP (Age 55, Pay $60k)
• Ms. Molly A.F. Marion, VP (Age 67, Pay $80k)
• Mr. Mario Joseph Gabelli C.F.A., CFA, Portfolio Mang. (Age 78)
• Mr. Bruce N. Alpert CPA, CPA, Principal Exec. Officer, Pres and Chief Operating Officer of Gabelli Funds Llc (Age 69)
• Ms. Agnes Nora Mullady, Pres & Chief Operating Officer of the Open-End Fund Division & VP (Age 62)
• Mr. James Ernest McKee, Gen. Counsel, Gen. Counsel of GAMCO Investors Inc and Sec. of GAMCO Investors Inc (Age 57)
• Mr. Douglas Richard Jamieson, Pres of GAMCO and Chief Operating Officer of GAMCO (Age 67)
• Mr. David I. Schachter, VP (Age 68)
• Mr. Kevin V. Dreyer, Portfolio Mang.
• Mr. Christopher J. Marangi, Portfolio Mang. (Age 47)

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

Some companies that are related to The Gabelli Equity Trust include SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM), SPDR Nuveen Barclays Municipal Bond ETF (TFI), DNP Select Income Fund (DNP), Direxion Daily Financial Bull 3X Shares (FAS), iShares MSCI Pacific ex Japan ETF (EPP), Adams Diversified Equity Fund (ADX), Nuveen Municipal Value Fund (NUV), Hercules Capital (HTGC), Goldman Sachs BDC (GSBD), WisdomTree Emerging Markets High Dividend Fund (DEM), Royce Value Trust (RVT), Liberty All-Star Equity Fund (USA), PIMCO Corporate & Income Opportunity Fund (PTY), Tri-Continental (TY) and iShares MSCI Australia ETF (EWA).
View all of GAB's competitors.

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 retail and institutional investors. Top institutional shareholders include Private Advisor Group LLC (0.06%), Hollencrest Capital Management (0.05%), Shulman DeMeo Asset Management LLC (0.03%), Level Four Financial LLC (0.02%), Great Valley Advisor Group Inc. (0.02%) and Wedbush Securities Inc. (0.02%).
View institutional ownership trends for The Gabelli Equity Trust.

Which major investors are selling The Gabelli Equity Trust stock?

GAB stock was sold by a variety of institutional investors in the last quarter, including Hollencrest Capital Management, Level Four Financial LLC, Wedbush Securities Inc., Pinnacle Associates Ltd., Stephens Inc. AR, Breiter Capital Management Inc., and Fifth Third Bancorp.
View insider buying and selling activity for The Gabelli Equity Trust or view top insider-selling stocks.

Which major investors are buying The Gabelli Equity Trust stock?

GAB stock was acquired by a variety of institutional investors in the last quarter, including Shulman DeMeo Asset Management LLC, Private Advisor Group LLC, Koshinski Asset Management Inc., White Lighthouse Investment Management Inc., Stratos Wealth Advisors LLC, Foundations Investment Advisors LLC, Filbrandt Wealth Management LLC, and Valley Brook Capital Group Inc..
View insider buying and selling activity for The Gabelli Equity Trust or or view top insider-buying stocks.

How do I buy shares of The 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 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 $6.90.

How much money does The Gabelli Equity Trust make?

The Gabelli Equity Trust has a market capitalization of $1.81 billion.

What is The Gabelli Equity Trust's official website?

The official website for The Gabelli Equity Trust is www.gabelli.com.