NYSE:GBLGamco Investors Stock Price, Forecast & News

$13.40

-0.43 (-3.11 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$13.40

Now: $13.40▼

$14.00

50-Day Range

$10.26

MA: $11.89▼

$13.94

52-Week Range

$9.03

Now: $13.40▼

$20.90

Volume13,900 shs

Average Volume18,766 shs

Market Capitalization$371.05 million

P/E Ratio4.94

Dividend Yield0.58%

Beta1.67

GAMCO Investors, Inc. is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies. The firm, through its subsidiaries, manages separate client-focused equity, fixed income, and balanced portfolios. It also launches equity, fixed income, and balanced mutual funds and manages equity mutual funds for its clients. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in value stocks of companies. The firm employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolios. It conducts in-house research to make its investments. The firm was founded in 1976 and is based in Rye, New York with additional offices in Greenwich, Connecticut; Bannockburn, Illinois; and Tokyo, Japan. GAMCO Investors, Inc. operates as a subsidiary of GGCP, Inc.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Gamco Investors.

2.0 Community Rank

Outperform Votes
Gamco Investors has received 148 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gamco Investors has received 220 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gamco Investors has received 59.78% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Gamco Investors and other stocks. Vote “Outperform” if you believe GBL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GBL will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Gamco Investors is a leading dividend payer. It pays a dividend yield of 0.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gamco Investors does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gamco Investors insiders have bought more of their company's stock than they have sold. Specifically, they have bought $151,900.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
80.97% of the stock of Gamco Investors is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 22.37% of the stock of Gamco Investors is held by institutions.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gamco Investors is 4.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gamco Investors is 4.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.34.
Price to Book Value per Share Ratio
Gamco Investors has a P/B Ratio of 5.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.78 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Security brokers & dealers

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNYSE:GBL

Previous Symbol

CUSIP36143810

CIK1060349

Webwww.gabelli.com

Phone914-921-5100

Debt

Debt-to-Equity Ratio0.37

Current Ratio2.12

Quick Ratio1.81

Price-To-Earnings

Trailing P/E Ratio4.94

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$312.37 million

Price / Sales1.19

Cash Flow$3.44 per share

Price / Cash Flow3.90

Book Value$2.36 per share

Price / Book5.68

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$81.92 million

Net Margins23.82%

Return on Equity176.32%

Return on Assets46.35%

Miscellaneous

Employees172

Outstanding Shares27,690,000

Market Cap$371.05 million

Next Earnings Date8/4/2020 (Estimated)

OptionableNot Optionable

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Gamco Investors (NYSE:GBL) Frequently Asked Questions

How has Gamco Investors' stock been impacted by COVID-19 (Coronavirus)?

Gamco Investors' stock was trading at $15.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GBL stock has decreased by 14.7% and is now trading at $13.40. View which stocks have been most impacted by Coronavirus.

When is Gamco Investors' next earnings date?

Gamco Investors is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Gamco Investors.

How were Gamco Investors' earnings last quarter?

Gamco Investors Inc (NYSE:GBL) announced 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 earned $99.95 million during the quarter. Gamco Investors had a return on equity of 176.32% and a net margin of 23.82%. View Gamco Investors' earnings history.

How often does Gamco Investors pay dividends? What is the dividend yield for Gamco Investors?

Gamco Investors declared a quarterly dividend on Tuesday, May 12th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.02 per share on Tuesday, June 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.60%. The ex-dividend date is Monday, June 15th. View Gamco Investors' dividend history.

Has Gamco Investors been receiving favorable news coverage?

Media coverage about GBL stock has been trending extremely positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gamco Investors earned a daily sentiment score of 4.7 on InfoTrie's scale. They also gave headlines about the closed-end fund a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutGamco Investors.

Are investors shorting Gamco Investors?

Gamco Investors saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 183,500 shares, an increase of 6.0% from the April 30th total of 173,100 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 8.1 days. Currently, 2.2% of the company's stock are short sold. View Gamco Investors' Current Options Chain.

Who are some of Gamco Investors' key competitors?

Some companies that are related to Gamco Investors include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Legg Mason (LM), Eaton Vance (EV), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Main Street Capital (MAIN). View all competitors.

What other stocks do shareholders of Gamco Investors own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gamco Investors investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Continental Resources (CLR), Honeywell International (HON) and NN (NNBR).

Who are Gamco Investors' key executives?

Gamco Investors' management team includes the following people:

Mr. Mario Joseph Gabelli C.F.A., CFA, Chairman, CEO & Chief Investment Officer of Value Portfolios (Age 76)
Ms. Diane Marie LaPointe CPA, CPA, Sr. VP, Co-Principal Financial Officer & Co-Chief Accounting Officer (Age 61)
Mr. Kieran Douglas Caterina, Sr. VP, Co-Chief Accounting Officer & Co-Principal Financial Officer (Age 45)
Mr. Kevin Handwerker, Exec. VP, Gen. Counsel & Sec. (Age 62)
Mr. Bruce N. Alpert CPA, CPA, Sr. VP (Age 67)

What is Gamco Investors' stock symbol?

Gamco Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "GBL."

Who are Gamco Investors' major shareholders?

Gamco Investors' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.74%), Horizon Kinetics Asset Management LLC (0.56%), State Street Corp (0.50%), Geode Capital Management LLC (0.22%), Bank of New York Mellon Corp (0.11%) and Alliancebernstein L.P. (0.09%). Company insiders that own Gamco Investors stock include Diane Lapointe, J Mancheski Revocab Frederick, Kieran Caterina, Leslie B Daniels, Mario J Gabelli and Raymond Avansino. View institutional ownership trends for Gamco Investors.

Which major investors are selling Gamco Investors stock?

GBL stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Parametric Portfolio Associates LLC, State Street Corp, Morgan Stanley, Martingale Asset Management L P, JPMorgan Chase & Co., BlackRock Inc., and Two Sigma Advisers LP. View insider buying and selling activity for Gamco Investors.

Which major investors are buying Gamco Investors stock?

GBL stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Alliancebernstein L.P., CSS LLC IL, Geode Capital Management LLC, Wells Fargo & Company MN, and Horizon Kinetics Asset Management LLC. Company insiders that have bought Gamco Investors stock in the last two years include Leslie B Daniels, and Mario J Gabelli. View insider buying and selling activity for Gamco Investors.

How do I buy shares of Gamco Investors?

Shares of GBL 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, Robinhood, Fidelity, and Charles Schwab.

What is Gamco Investors' stock price today?

One share of GBL stock can currently be purchased for approximately $13.40.

How big of a company is Gamco Investors?

Gamco Investors has a market capitalization of $371.05 million and generates $312.37 million in revenue each year. Gamco Investors employs 172 workers across the globe.

What is Gamco Investors' official website?

The official website for Gamco Investors is www.gabelli.com.

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 914-921-5100.

This page was last updated on 5/28/2020 by MarketBeat.com Staff