Tri-Continental (TY) Competitors

$30.35
+0.10 (+0.33%)
(As of 05/9/2024 ET)

TY vs. GAB, RVT, GSBD, NUV, USA, STEW, CET, QQQX, GAM, and PTY

Should you be buying Tri-Continental stock or one of its competitors? The main competitors of Tri-Continental include The Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Goldman Sachs BDC (GSBD), Nuveen Municipal Value Fund (NUV), Liberty All-Star Equity Fund (USA), SRH Total Return Fund (STEW), Central Securities (CET), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), General American Investors (GAM), and PIMCO Corporate & Income Opportunity Fund (PTY). These companies are all part of the "investment offices, not elsewhere classified" industry.

Tri-Continental vs.

The Gabelli Equity Trust (NYSE:GAB) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, community ranking, valuation, analyst recommendations, media sentiment, institutional ownership, earnings, dividends and profitability.

Company Net Margins Return on Equity Return on Assets
The Gabelli Equity TrustN/A N/A N/A
Tri-Continental N/A N/A N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Gabelli Equity Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Tri-Continental
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

The Gabelli Equity Trust pays an annual dividend of $0.60 per share and has a dividend yield of 11.0%. Tri-Continental pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%. The Gabelli Equity Trust has raised its dividend for 1 consecutive years. The Gabelli Equity Trust is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

7.2% of The Gabelli Equity Trust shares are held by institutional investors. Comparatively, 10.2% of Tri-Continental shares are held by institutional investors. 0.9% of The Gabelli Equity Trust shares are held by insiders. Comparatively, 8.7% of Tri-Continental shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

The Gabelli Equity Trust has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500.

In the previous week, The Gabelli Equity Trust and The Gabelli Equity Trust both had 2 articles in the media. The Gabelli Equity Trust's average media sentiment score of 1.08 beat Tri-Continental's score of 0.25 indicating that Tri-Continental is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
The Gabelli Equity Trust
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tri-Continental
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Gabelli Equity Trust$233.76M7.06N/AN/AN/A
Tri-Continental$253.91M6.44N/AN/AN/A

Tri-Continental received 66 more outperform votes than The Gabelli Equity Trust when rated by MarketBeat users. Likewise, 71.02% of users gave Tri-Continental an outperform vote while only 63.82% of users gave The Gabelli Equity Trust an outperform vote.

CompanyUnderperformOutperform
The Gabelli Equity TrustOutperform Votes
157
63.82%
Underperform Votes
89
36.18%
Tri-ContinentalOutperform Votes
223
71.02%
Underperform Votes
91
28.98%

Summary

Tri-Continental beats The Gabelli Equity Trust on 7 of the 10 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TY vs. The Competition

MetricTri-ContinentalInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$1.64B$7.07B$9.06B$17.75B
Dividend Yield3.61%6.29%10.41%3.51%
P/E RatioN/A0.5857.0525.11
Price / Sales6.4420.623,283.6211.33
Price / CashN/A7.7727.6915.59
Price / BookN/A1.002.485.09
Net IncomeN/A$73.96M$995.87M$968.04M
7 Day Performance1.44%1.15%0.96%1.82%
1 Month Performance0.83%1.66%1.64%1.33%
1 Year Performance16.46%5.78%17.45%112.57%

Tri-Continental Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GAB
The Gabelli Equity Trust
0 of 5 stars
$5.39
+0.2%
N/A-1.2%$1.63BN/A0.00N/AUpcoming Earnings
RVT
Royce Value Trust
0 of 5 stars
$14.79
+0.3%
N/A+17.2%$1.65BN/A0.00147,000
GSBD
Goldman Sachs BDC
0.7192 of 5 stars
$15.69
flat
$15.00
-4.4%
+19.4%$1.76B$454.91M8.72N/ADividend Announcement
NUV
Nuveen Municipal Value Fund
0 of 5 stars
$8.71
+0.9%
N/A-1.5%$1.81BN/A0.00640Positive News
USA
Liberty All-Star Equity Fund
0 of 5 stars
$6.79
+0.3%
N/A+14.4%$1.84BN/A0.00N/A
STEW
SRH Total Return Fund
0 of 5 stars
$14.46
+0.6%
N/A+15.1%$1.40BN/A0.00N/AInsider Buying
CET
Central Securities
0 of 5 stars
$41.49
+0.2%
N/AN/A$1.18BN/A0.00N/APositive News
QQQX
Nuveen Nasdaq 100 Dynamic Overwrite Fund
0 of 5 stars
$23.65
0.0%
N/A-0.4%$1.15BN/A0.00N/ANews Coverage
GAM
General American Investors
0 of 5 stars
$47.10
+0.5%
N/A+20.6%$1.13BN/A0.00N/A
PTY
PIMCO Corporate & Income Opportunity Fund
0 of 5 stars
$14.31
-1.3%
N/A+8.3%$2.19BN/A0.00147,000Positive News

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This page (NYSE:TY) was last updated on 5/10/2024 by MarketBeat.com Staff

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