About Gamco Investors (NYSE:GBL)
GAMCO Investors, Inc. is a holding company. The Company is a provider of investment advisory services to open and closed-end funds, institutional and private wealth management investors principally in the United States. The Company operates through the investment advisory and asset management business segment. It manages assets on a discretionary basis and invests in securities through various investment styles. Its assets under management are organized into three groups: Institutional and Private Wealth Management; Open and Closed-End Funds, and the GAMCO International SICAV (SICAV). The Company provides advisory services to a range of investors, including corporate retirement plans, foundations, endowments and private wealth clients, and also serves as sub-advisor to third-party investment funds, including registered investment companies. As of December 31, 2016, it had provided advisory services to 21 open-end funds, 15 closed-end funds and one exchange traded managed fund.
Industry, Sector and Symbol:
- Industry: Investment Management & Fund Operators
- Sub-Industry: Asset Management & Custody Banks
- Sector: Finance
- Symbol: NYSE:GBL
- CUSIP: 36143810
- Web: www.gabelli.com
- Debt-to-Equity Ratio: -1.95%
- Current Ratio: 1.67%
- Quick Ratio: 0.90%
Sales & Book Value:
- Trailing P/E Ratio: 10.01
- Annual Sales: $353 million
- Price / Sales: 2.35
- Cash Flow: $2.87 per share
- Price / Cash: 9.91
- Book Value: ($3.58) per share
- Price / Book: -7.95
- Annual Dividend: $0.08
- Dividend Yield: 0.3%
- Trailing EPS: $3.20
- Net Income: $117.12 million
- Net Margins: 26.81%
- Return on Equity: -63.12%
- Return on Assets: 45.24%
- Employees: 156
- Outstanding Shares: 29,150,000
Frequently Asked Questions for Gamco Investors (NYSE:GBL)
What is Gamco Investors' stock symbol?
Gamco Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GBL."
How often does Gamco Investors pay dividends? What is the dividend yield for Gamco Investors?
Gamco Investors declared a quarterly dividend on Wednesday, November 8th. Shareholders of record on Wednesday, December 27th will be given a dividend of $0.02 per share on Wednesday, January 10th. This represents a $0.08 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Tuesday, December 26th. View Gamco Investors' Dividend History.
How were Gamco Investors' earnings last quarter?
Gamco Investors, Inc. (NYSE:GBL) issued its earnings results on Tuesday, February, 7th. The closed-end fund reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $1.00 by $0.22. The closed-end fund had revenue of $99.95 million for the quarter. Gamco Investors had a net margin of 26.81% and a negative return on equity of 63.12%. View Gamco Investors' Earnings History.
When will Gamco Investors make its next earnings announcement?
Who are some of Gamco Investors' key competitors?
Some companies that are related to Gamco Investors include Waddell & Reed Financial (WDR), IP Group Plc (IPO), Sanne Group PLC (SNN), Goldman Sachs BDC (GSBD), Allied Minds PLC (ALM), Arlington Asset Investment Corp (AI), River and Mercantile Group PLC (RIV), Safeguard Scientifics (SFE), Mattioli Woods plc (MTW), Ashford (AINC), Garrison Capital (GARS), Sigma Capital Group Plc (SGM), Tavistock Investments PLC (TAVI), Sole Realisation Company PLC (SVI) and IFG Group plc (IFP).
Who are Gamco Investors' key executives?
Gamco Investors' management team includes the folowing people:
- Mario Joseph Gabelli, Chairman of the Board, Chief Executive Officer, Chief Investment Officer - Value Portfolios (Age 75)
- Douglas R. Jamieson, President and Chief Operating Officer of GAMCO Asset Management Inc (Age 62)
- Kevin Handwerker, Executive Vice President, General Counsel, Secretary (Age 60)
- Bruce N. Alpert CPA., Senior Vice President (Age 65)
- Kieran Caterina, Senior Vice President, Co-Chief Accounting Officer (Age 44)
- Diane M. LaPointe, Senior Vice President, Co-Chief Accounting Officer (Age 59)
- Agnes Mullady, Senior Vice President; President and Chief Operating Officer - Fund Division (Age 58)
- Henry G. Van der Eb, Senior Vice President (Age 71)
- Robert S. Prather Jr., Lead Independent Director (Age 72)
- Elisa M. Wilson, Director (Age 44)
Who owns Gamco Investors stock?
Gamco Investors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (0.87%), Dimensional Fund Advisors LP (0.57%), Rice Hall James & Associates LLC (0.25%), Shell Asset Management Co. (0.05%), Citadel Advisors LLC (0.04%) and SG Americas Securities LLC (0.03%). Company insiders that own Gamco Investors stock include Der Eb Henry Van, Kieran Caterina and Mario J Gabelli. View Institutional Ownership Trends for Gamco Investors.
Who sold Gamco Investors stock? Who is selling Gamco Investors stock?
Gamco Investors' stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Royce & Associates LP, New York State Common Retirement Fund and Rice Hall James & Associates LLC. Company insiders that have sold Gamco Investors company stock in the last year include Der Eb Henry Van and Kieran Caterina. View Insider Buying and Selling for Gamco Investors.
Who bought Gamco Investors stock? Who is buying Gamco Investors stock?
Gamco Investors' stock was purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Dimensional Fund Advisors LP, SG Americas Securities LLC, Meeder Asset Management Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for Gamco Investors.
How do I buy Gamco Investors stock?
Shares of Gamco Investors 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 Gamco Investors' stock price today?
One share of Gamco Investors stock can currently be purchased for approximately $28.47.
How big of a company is Gamco Investors?
Gamco Investors has a market capitalization of $826.14 million and generates $353 million in revenue each year. The closed-end fund earns $117.12 million in net income (profit) each year or $3.20 on an earnings per share basis. Gamco Investors employs 156 workers across the globe.
How can I contact Gamco Investors?
Gamco Investors' mailing address is ONE CORPORATE CENTER 401 THEODORE FREMD AVENUE, RYE NY, 10580. The closed-end fund can be reached via phone at 914-921-3700.
MarketBeat Community Rating for Gamco Investors (NYSE GBL)MarketBeat's community ratings are surveys of what our community members think about Gamco Investors 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.
Analysts' Consensus Rating for Gamco Investors (NYSE:GBL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Gamco Investors (NYSE:GBL)
Analysts' Ratings History for Gamco Investors (NYSE:GBL)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Gamco Investors (NYSE:GBL)
Earnings History by Quarter for Gamco Investors (NYSE GBL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/7/2017||Q4 2016||$1.00||$0.78||$99.95 million||View||N/A|
|11/4/2015||Q3 2015||$0.59||$0.59||$96.55 million||View||N/A|
|8/5/2015||Q2 2015||$0.91||$0.95||$102.70 million||View||N/A|
|2/3/2015||Q414||$1.14||$1.13||$122.70 million||$116.80 million||View||N/A|
|11/7/2014||Q3 2014||$0.93||$0.93||$110.86 million||View||N/A|
|7/24/2014||Q2 2014||$1.28||$1.13||$108.30 million||View||N/A|
|4/25/2014||Q1 2014||$1.01||$1.09||$104.48 million||View||N/A|
|2/5/2014||Q313||$1.08||$1.29||$99.28 million||$122.71 million||View||N/A|
|8/6/2013||Q2 2013||$1.09||$81.00 million||$92.30 million||View||N/A|
|2/5/2013||Q4 2012||$0.94||$0.67||$106.21 million||$99.28 million||View||N/A|
Earnings Estimates for Gamco Investors (NYSE:GBL)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Gamco Investors (NYSE:GBL)
|Dividend Growth:||-35.20% (3 Year Average)|
|Payout Ratio:||2.50% (Trailing 12 Months of Earnings) |
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Gamco Investors (NYSE GBL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Gamco Investors (NYSE GBL)
Insider Ownership Percentage: 80.02%
Institutional Ownership Percentage: 25.57%
Insider Trades by Quarter for Gamco Investors (NYSE GBL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||Der Eb Henry Van||Insider||Sell||474||$28.83||$13,665.42|| |
|8/31/2017||Kieran Caterina||Insider||Sell||2,325||$29.47||$68,517.75|| |
|6/13/2016||Mario J Gabelli||CEO||Buy||2,000||$34.38||$68,760.00|| |
|10/23/2015||Kevin Handwerker||VP||Sell||1,755||$59.25||$103,983.75|| |
|6/23/2015||Elisa M Wilson||Director||Sell||2,700||$69.97||$188,919.00|| |
|6/23/2015||Frederick J Mancheski||Major Shareholder||Sell||2,435||$70.00||$170,450.00|| |
|6/22/2015||Elisa M Wilson||Director||Sell||3,800||$69.66||$264,708.00|| |
|6/19/2015||Frederick J Mancheski||Major Shareholder||Sell||10,310||$70.08||$722,524.80|| |
|6/18/2015||Eugene R Mcgrath||Director||Sell||5,700||$69.49||$396,093.00|| |
|6/12/2015||Frederick J Mancheski||Major Shareholder||Sell||1,000||$70.00||$70,000.00|| |
|6/3/2015||Frederick J Mancheski||Major Shareholder||Sell||4,500||$70.03||$315,135.00|| |
|6/2/2015||Frederick J Mancheski||Major Shareholder||Sell||1,005||$70.04||$70,390.20|| |
|5/28/2015||Frederick J Mancheski||Major Shareholder||Sell||195||$70.00||$13,650.00|| |
|5/22/2015||Frederick J Mancheski||Major Shareholder||Sell||300||$70.00||$21,000.00|| |
|5/21/2015||Frederick J Mancheski||Major Shareholder||Sell||255||$70.00||$17,850.00|| |
|12/15/2014||Alpha Infrastructure Llc||Insider||Buy||13,333,333||$0.08||$999,999.98|
|12/5/2014||Der Eb Henry Van||SVP||Sell||1,028||$88.20||$90,669.60|| |
|3/21/2014||Gamco Investors, Inc. Et Al||Insider||Sell||7,000||$81.70||$571,900.00|| |
|9/4/2013||Diane Lapointe||CAO||Sell||1,598||$63.90||$102,112.20|| |
|6/10/2013||Kieran Caterina||CAO||Sell||1,000||$56.30||$56,300.00|| |
|12/21/2012||Mario J Gabelli||CEO||Buy||2,885||$50.00||$144,250.00|| |
Latest Headlines for Gamco Investors (NYSE GBL)
|Head-To-Head Contrast: Gamco Investors (GBL) vs. Its Rivals|
www.americanbankingnews.com - November 22 at 1:12 AM
|Financial Comparison: Gamco Investors (GBL) vs. Its Competitors|
www.americanbankingnews.com - November 20 at 3:08 AM
|Contrasting Gamco Investors (GBL) and Its Competitors|
www.americanbankingnews.com - November 20 at 1:30 AM
|Head to Head Survey: Gamco Investors (GBL) and Its Peers|
www.americanbankingnews.com - November 19 at 3:28 PM
|Analyzing Gamco Investors (GBL) and Its Rivals|
www.americanbankingnews.com - November 19 at 11:36 AM
|Reviewing Gamco Investors (GBL) and Its Peers|
www.americanbankingnews.com - November 18 at 11:14 AM
|'The fear is gone': boom-time complacency tops the worry list for investors|
www.reuters.com - November 17 at 5:32 PM
|Analyzing Gamco Investors (GBL) and The Competition|
www.americanbankingnews.com - November 16 at 10:28 AM
|Gabelli Funds Portfolio Managers to Address IMPACT® 2017 Conference|
finance.yahoo.com - November 14 at 7:33 PM
|Contrasting Gamco Investors (GBL) & Its Peers|
www.americanbankingnews.com - November 14 at 10:32 AM
|Critical Analysis: UBS AG (UBS) versus Gamco Investors (GBL)|
www.americanbankingnews.com - November 14 at 7:58 AM
|Gamco Investors, Inc. (GBL) to Issue Quarterly Dividend of $0.02|
www.americanbankingnews.com - November 8 at 5:39 PM
|GAMCO Investors, Inc. Reports Third Quarter 2017 Results|
www.businesswire.com - November 8 at 7:38 AM
|Financial Contrast: Gamco Investors (GBL) vs. Its Rivals|
www.americanbankingnews.com - November 3 at 7:10 PM
|Gamco Investors (GBL) vs. The Competition Head to Head Analysis|
www.americanbankingnews.com - November 1 at 3:12 AM
|Contrasting Gamco Investors (GBL) and Brookfield Asset Management (BAM)|
www.americanbankingnews.com - October 31 at 11:10 PM
|Gabelli Dividend & Income Trust Expands Investment Team with Regina Pitaro and Brian Sponheimer Appointed Portfolio Managers|
finance.yahoo.com - October 30 at 7:47 PM
|Head to Head Survey: Gamco Investors (GBL) vs. Its Rivals|
www.americanbankingnews.com - October 28 at 7:30 PM
|ETFs with exposure to GAMCO Investors, Inc. : October 25, 2017|
finance.yahoo.com - October 26 at 7:31 AM
|Gamco Investors, Inc. (GBL) Set to Announce Earnings on Thursday|
www.americanbankingnews.com - October 26 at 3:26 AM
|GAMCO Natural Resources, Gold & Income Trust Announces the Offering of $30 Million of 5.20% Series A Cumulative Preferred Shares|
finance.yahoo.com - October 23 at 6:41 PM
|Comparing Apollo Global Management (APO) & Gamco Investors (GBL)|
www.americanbankingnews.com - October 19 at 4:10 AM
|Head to Head Comparison: Gamco Investors (GBL) versus Apollo Global Management (APO)|
www.americanbankingnews.com - October 13 at 12:26 AM
|GAMCO Investors, Inc. :GBL-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017|
finance.yahoo.com - October 4 at 11:09 AM
|Gabelli Multimedia Trust Announces the Offering of $50 Million of 5.125% Series E Cumulative Preferred Stock|
finance.yahoo.com - September 22 at 12:35 PM
|Contrasting Gamco Investors (GBL) and State Street Corporation (STT)|
www.americanbankingnews.com - September 21 at 4:26 PM
|[$$] Gamco Wants Lennar to Reconsider Its Governance Practices|
finance.yahoo.com - September 16 at 12:37 AM
|Gabelli Dividend & Income Trust Appoints Sarah Donnelly as Portfolio Manager to the Investment Team|
finance.yahoo.com - September 14 at 7:36 PM
|Insider Selling: Gamco Investors, Inc. (GBL) Insider Sells 474 Shares of Stock|
www.americanbankingnews.com - September 12 at 8:24 PM
|State Street Corporation (STT) vs. Gamco Investors (GBL) Head-To-Head Review|
www.americanbankingnews.com - September 11 at 3:00 PM
|The Gabelli Global Content & Connectivity Fund|
finance.yahoo.com - September 6 at 6:53 PM
|Head to Head Review: Gamco Investors (GBL) and Janus Capital Group (JNS)|
www.americanbankingnews.com - September 2 at 8:28 PM
|Gamco Investors, Inc. (GBL) Insider Kieran Caterina Sells 2,325 Shares|
www.americanbankingnews.com - September 1 at 4:40 PM
|GAMCO Investors, Inc. Licenses ActiveShares℠ Exchange-Traded Fund Structure|
finance.yahoo.com - August 28 at 6:39 PM
|[$$] ValueAct and KKR Look Compatible|
finance.yahoo.com - August 26 at 6:11 PM
|Ameriprise Financial Services (AMP) vs. Gamco Investors (GBL) Head to Head Review|
www.americanbankingnews.com - August 17 at 8:26 PM
|Gamco Investors, Inc. (GBL) Announces $0.02 Quarterly Dividend|
www.americanbankingnews.com - August 4 at 6:22 PM
|Gamco Investors posts 2Q profit|
finance.yahoo.com - August 3 at 9:20 PM
|GAMCO Investors, Inc. Reports Second Quarter 2017 Results|
finance.yahoo.com - August 3 at 4:17 PM
|GAMCO Analyst: Is VMware a Compelling Investment Idea in Data Infrastructure?|
finance.yahoo.com - July 25 at 7:12 PM
|[$$] Activist Wants New Kind of Board at Hain Celestial|
finance.yahoo.com - July 15 at 12:54 AM
|Gamco Investors (NYSE:GBL) vs. Goldman Sachs BDC (GSBD) Head-To-Head Review|
www.americanbankingnews.com - July 5 at 4:26 PM
|ETMFs: Combining the Best of Active Management with ETF Structure|
www.nasdaq.com - May 12 at 10:59 PM
|Gamco Investors posts 1Q profit|
marketbeat.com - May 3 at 5:46 PM
|GAMCO INVESTORS, INC. ET AL Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 7 at 11:27 AM
|[$$] Gamco Joins Fight Against Lactalis's Parmalat Bid|
us.rd.yahoo.com - February 16 at 5:19 PM
|Trinity Place Holdings, Inc. (TPHS) Reports $26.9M Offering of Common Stock|
www.streetinsider.com - February 15 at 4:31 AM
|GAMCO INVESTORS, INC. ET AL Files SEC form 8-K, Results of Operations and Financial Condition|
us.rd.yahoo.com - February 8 at 5:54 PM
|GAMCO Investors, Inc. Reports Fourth Quarter and Full Year Results|
us.rd.yahoo.com - February 7 at 6:36 PM
|[$$] Banc of California Is Undervalued, Says Legion|
www.barrons.com - January 28 at 5:20 AM
Gamco Investors (NYSE GBL) Chart for Wednesday, November, 22, 2017