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GAB

Gabelli Equity Trust NYSE:GAB Stock Report

Last Price

US$5.10

Market Cap

US$1.5b

7D

-0.6%

1Y

-13.7%

Updated

27 Nov, 2023

Data

Company Financials

The Gabelli Equity Trust Inc.

NYSE:GAB Stock Report

Mkt Cap: US$1.5b

GAB Stock Overview

The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc.

GAB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends4/6

The Gabelli Equity Trust Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Gabelli Equity Trust
Historical stock prices
Current Share PriceUS$5.10
52 Week HighUS$6.19
52 Week LowUS$4.56
Beta0.95
1 Month Change11.11%
3 Month Change-6.93%
1 Year Change-13.71%
3 Year Change-18.14%
5 Year Change-17.48%
Change since IPO-63.24%

Recent News & Updates

GAB: Multi-Year Lows In The Premium For This Equity CEF

Nov 01

Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q2 2023 Update

Aug 23

GAB And USA: The Results After Making A Swap

Aug 01

Gabelli Equity Trust declares $0.15 dividend

Feb 17

Recent updates

GAB: Multi-Year Lows In The Premium For This Equity CEF

Nov 01

Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q2 2023 Update

Aug 23

GAB And USA: The Results After Making A Swap

Aug 01

Gabelli Equity Trust declares $0.15 dividend

Feb 17

Gabelli Equity Trust declares $0.15 dividend

Nov 11

Gabelli Equity Trust goes ex-dividend tomorrow

Sep 14

GAB: Playing With Fire, USA A Worthwhile Swap Candidate

Jun 14

GAB: 10% Managed Distribution Plan Attracts Income Investors, Premium Is Climbing Higher

Nov 19

GAB: Tempting Distribution Yield, Potential Opportunity

Aug 16

Gabelli Equity Trust: Rights Offering Analysis

Jun 22

Evaluating CEFs: A Look At GAB

Jan 13

Gabelli Equity Trust declares $0.15 dividend

Nov 13

Shareholder Returns

GABUS Capital MarketsUS Market
7D-0.6%0.8%0.3%
1Y-13.7%3.4%13.7%

Return vs Industry: GAB underperformed the US Capital Markets industry which returned 3.4% over the past year.

Return vs Market: GAB underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is GAB's price volatile compared to industry and market?
GAB volatility
GAB Average Weekly Movement2.9%
Capital Markets Industry Average Movement2.1%
Market Average Movement6.0%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: GAB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: GAB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aBruce Alperthttps://www.gabelli.com/Template/fundinfo.cfm?tid=MWY5ZDg=&bid=YjUxNQ==&mid=MjJmMTI=&num=NmVjMTI=&kid=Mzc2MDA=&pid=obj&rid=111-=edoc_dnuf

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.

The Gabelli Equity Trust Inc. Fundamentals Summary

How do Gabelli Equity Trust's earnings and revenue compare to its market cap?
GAB fundamental statistics
Market CapUS$1.49b
Earnings (TTM)US$294.52m
Revenue (TTM)US$33.71m

5.1x

P/E Ratio

44.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GAB income statement (TTM)
RevenueUS$33.71m
Cost of RevenueUS$0
Gross ProfitUS$33.71m
Other Expenses-US$260.81m
EarningsUS$294.52m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.01
Gross Margin100.00%
Net Profit Margin873.81%
Debt/Equity Ratio3.5%

How did GAB perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

61%

Payout Ratio

Does GAB pay a reliable dividends?

See GAB dividend history and benchmarks
When do you need to buy GAB by to receive an upcoming dividend?
Gabelli Equity Trust dividend dates
Ex Dividend DateDec 14 2023
Dividend Pay DateDec 22 2023
Days until Ex dividend16 days
Days until Dividend pay date24 days

Does GAB pay a reliable dividends?

See GAB dividend history and benchmarks