NYSE:GAB The Gabelli Equity Trust (GAB) Stock Forecast, Price & News $5.35 -0.02 (-0.37%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$5.30▼$5.4150-Day Range$5.35▼$5.7452-Week Range$4.84▼$6.91Volume992,364 shsAverage Volume345,602 shsMarket Capitalization$1.59 billionP/E RatioN/ADividend Yield11.21%Price TargetN/A ProfileProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About The Gabelli Equity Trust (NYSE:GAB) StockThe 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.Read More Receive GAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for The Gabelli Equity Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address GAB Stock News HeadlinesMay 20, 2023 | americanbankingnews.comThe Gabelli Equity Trust Inc. (GAB) to Issue Quarterly Dividend of $0.15 on June 23rdMay 19, 2023 | msn.comGabelli Multimedia Trust (GGT) Declares $0.22 DividendMay 28, 2023 | Stocks To Trade (Ad)Free A.I. Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 5, 2023 | msn.comBillionaire investor Mario Gabelli: If I'm a politician, I'd be concerned about mortgagesApril 24, 2023 | seekingalpha.comGAB: A Solid CEF That Beat The Market Last Year, But An Expensive OneApril 22, 2023 | msn.comRESEARCH PARTNERS AG Upgrades Givaudan (SIX:GIVN)April 21, 2023 | msn.comSOCIETE GENERALE Upgrades Traton SE (8TRA)April 21, 2023 | msn.comWARBURG RESEARCH GMBH Maintains Traton SE (8TRA) Buy RecommendationMay 28, 2023 | Stocks To Trade (Ad)Free A.I. Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.February 10, 2023 | morningstar.comGabelli Equity Trust GABJanuary 21, 2023 | wsj.comGabelli Equity Trust Inc. 5% Pfd. Series KJanuary 11, 2023 | seekingalpha.comBillionaire Mario Gabelli sees 'pretty bright' future following speed bumps in early 2023December 30, 2022 | benzinga.comGabelli Convertible and Income Securities Fund Announces Closing of Private Placement of 5.20% Series G Cumulative Preferred StockDecember 14, 2022 | seekingalpha.comGRX: Lagging Peers, But Discount Is AttractiveOctober 10, 2022 | seekingalpha.comGabelli Dividend & Income Trust: An Index ETF May Be BetterSeptember 21, 2022 | nasdaq.comGabelli Equity Trust's Series G Preferred Stock Crosses Above 5.5% Yield TerritorySeptember 16, 2022 | seekingalpha.comGabelli Equity Trust goes ex-dividend tomorrowSeptember 12, 2022 | reuters.comGabelli Global Small and Mid Cap Value TrustSeptember 7, 2022 | seekingalpha.comGDV: Attractive Preferred Equity From This CEFJuly 16, 2022 | ca.finance.yahoo.comThe Gabelli Equity Trust Inc. PFD-G (GAB-PG)May 26, 2022 | cnbc.comThere is no such thing as an intellectual market bottom, only emotional, says Larry HavertyMay 13, 2022 | nasdaq.comGabelli Equity Trust's Series G Cumulative Preferred Stock Yield Pushes Past 5.5%May 11, 2022 | investing.comGAB_ph Historical DataMay 10, 2022 | seekingalpha.comCEF Preferred Shares For Income, Diversification And QualityApril 6, 2022 | nasdaq.comGabelli Equity Trust (GAB) Shares Cross Below 200 DMAFebruary 15, 2022 | nasdaq.comGabelli Equity Trust (GAB) Shares Cross Above 200 DMAFebruary 10, 2022 | seekingalpha.comGabelli Equity Trust declares $0.15 dividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for The Gabelli Equity Trust and its competitors with MarketBeat's FREE daily newsletter. Email Address GAB Company Calendar Ex-Dividend for 3/24 Dividend3/16/2023Dividend Payable3/24/2023Today5/28/2023Ex-Dividend for 6/23 Dividend6/14/2023Dividend Payable6/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Investment offices, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:GAB CUSIPN/A CIK794685 Webwww.gabelli.com PhoneN/AFaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares297,850,000Free Float295,173,000Market Cap$1.59 billion OptionableNot Optionable Beta0.89 Key ExecutivesMr. Carter W. Austin (Age 57)Sr. VP Comp: $60kMs. Molly A.F. Marion (Age 69)VP Comp: $80kMr. 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. DreyerPortfolio Mang.Mr. Christopher J. Marangi (Age 49)Portfolio Mang. Mr. Robert Douglas Leininger C.F.A.CFA, Portfolio Mang.More ExecutivesKey CompetitorsPIMCO Corporate & Income Opportunity FundNYSE:PTYLiberty All-Star Equity FundNYSE:USAGoldman Sachs BDCNYSE:GSBDNuveen Municipal Value FundNYSE:NUVTri-ContinentalNYSE:TYView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 2,073 shares on 5/18/2023Ownership: 0.002%Rockefeller Capital Management L.P.Sold 9,322 shares on 5/17/2023Ownership: 0.061%Advisory Services Network LLCBought 21,973 shares on 5/17/2023Ownership: 0.040%B. Riley Wealth Advisors Inc.Bought 16,284 shares on 5/17/2023Ownership: 0.025%Thrivent Financial for LutheransBought 18,665 shares on 5/17/2023Ownership: 0.024%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 start of the year. Since then, GAB stock has decreased by 2.4% and is now trading at $5.35. View the best growth stocks for 2023 here. Are investors shorting The Gabelli Equity Trust? The Gabelli Equity Trust saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 190,200 shares, a drop of 32.0% from the April 30th total of 279,700 shares. Based on an average daily 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 announced a quarterly dividend on Thursday, May 18th. Investors of record on Thursday, June 15th will be paid a dividend of $0.15 per share on Friday, June 23rd. This represents a $0.60 annualized dividend and a yield of 11.21%. 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 a number of 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 $5.35. How much money does The Gabelli Equity Trust make? The Gabelli Equity Trust (NYSE:GAB) has a market capitalization of $1.59 billion. This page (NYSE:GAB) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Gabelli Equity Trust Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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