NYSE:GAB

The Gabelli Equity Trust - GAB Stock Forecast, Price & News

$5.77

+0.22 (+3.96%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $5.66
▼
$5.80
50-Day Range: $5.50
▼
$6.53
52-Week Range: $5.47
▼
$7.41

Volume: 464,601 shs
Average Volume: 563,506 shs
Market Capitalization: $1.51 billion

P/E Ratio: N/A
Dividend Yield: 11.35%
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

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

January 15, 2022 | nasdaq.com

Gabelli Equity Trust, Inc. (The) Common Stock (GAB)

January 12, 2022 | cnbc.com

Watch CNBC's full interview with legendary investor Mario Gabelli

January 6, 2022 | benzinga.com

Gabelli Equity Trust Announces Redemption of 5.45...

December 17, 2021 | finance.yahoo.com

Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock

December 17, 2021 | finance.yahoo.com

Gabelli Equity Trust Announces Initial Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

December 16, 2021 | reuters.com

Gabelli Equity Trust Inc

November 17, 2021 | finance.yahoo.com

The Gabelli Global Small and Mid Cap Value Trust to Redeem Its Outstanding 5.450% Series A Cumulative Preferred Shares

November 12, 2021 | finance.yahoo.com

Gabelli Global Small and Mid Cap Value Trust Declares Fourth Quarter Distribution of $0.16 Per Share and Announces Additional Year End Distribution

November 12, 2021 | finance.yahoo.com

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.18 Per Share

October 29, 2021 | wsj.com

Gabelli Multimedia Trust Inc. 5.125% Pfd. Series G

October 14, 2021 | nasdaq.com

GAB Crosses Above Key Moving Average Level

September 15, 2021 | nasdaq.com

Notable Two Hundred Day Moving Average Cross - GAB

September 15, 2021 | nasdaq.com

Ex-Div Reminder for Gabelli Equity Trust's 5.45% Series J Cumulative Preferred Stock

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30 days | 90 days | 365 days | Advanced Chart

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GAB Company Calendar

Ex-Dividend for 9/23 Dividend: 9/15/2022
Dividend Payable: 9/23/2022
Today: 10/04/2022
Fiscal Year End: 12/31/2022

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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: 914-921-5000
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: 261,772,000
Free Float: 259,416,000
Market Cap: $1.51 billion
Optionable: Not Optionable
Beta: 0.94

Key Executives

Mr. Carter W. Austin (Age 56)
Sr. VP
Comp: $60k

Ms. Molly A.F. Marion (Age 68)
VP
Comp: $80k

Mr. Mario Joseph Gabelli C.F.A. (Age 79)
CFA, Portfolio Mang.

Mr. Bruce N. Alpert CPA (Age 70)
CPA, Principal Exec. Officer, Pres and Chief Operating Officer of Gabelli Funds Llc

Mr. James Ernest McKee (Age 58)
Gen. Counsel, Gen. Counsel of GAMCO Investors Inc and Sec. of GAMCO Investors Inc

Mr. Douglas Richard Jamieson (Age 68)
Pres of GAMCO and Chief Operating Officer of GAMCO

Mr. David I. Schachter (Age 69)
VP

Mr. Kevin V. Dreyer
Portfolio Mang.

Mr. Christopher J. Marangi (Age 48)
Portfolio Mang.

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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GAB Stock - Frequently Asked Questions

How have GAB shares performed in 2022?: The Gabelli Equity Trust's stock was trading at $7.19 at the beginning of the year. Since then, GAB shares have decreased by 19.6% and is now trading at $5.78.
View the best growth stocks for 2022 here.
Are investors shorting The Gabelli Equity Trust?: The Gabelli Equity Trust saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,170,000 shares, an increase of 66.2% from the August 31st total of 704,100 shares. Based on an average trading volume of 397,200 shares, the short-interest ratio is currently 2.9 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 announced a quarterly dividend on Thursday, August 18th. Shareholders of record on Friday, September 16th will be paid a dividend of $0.15 per share on Friday, September 23rd. This represents a $0.60 annualized dividend and a dividend yield of 10.38%. The ex-dividend date of this dividend is Thursday, September 15th.
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 $0.63 per share and currently has a dividend yield of 11.45%. 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."
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 $5.78.
How much money does The Gabelli Equity Trust make?: The Gabelli Equity Trust (NYSE:GAB) has a market capitalization of $1.51 billion.
How can I contact The Gabelli Equity Trust?: The official website for the company is www.gabelli.com. The financial services provider can be reached via phone at 914-921-5000.

This page (NYSE:GAB) was last updated on 10/4/2022 by MarketBeat.com Staff

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