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GUT

Gabelli Utility TrustNYSE:GUT Stock Report

Last Price

US$8.08

Market Cap

US$511.9m

7D

-1.9%

1Y

0.7%

Updated

16 Jan, 2022

Data

Company Financials
GUT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends4/6

GUT Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Gabelli Utility Trust
Historical stock prices
Current Share PriceUS$8.08
52 Week HighUS$8.36
52 Week LowUS$6.70
Beta0.75
1 Month Change1.13%
3 Month Change1.00%
1 Year Change0.75%
3 Year Change29.90%
5 Year Change25.66%
Change since IPO-6.32%

Recent News & Updates

Aug 23

Evaluating Closed-End Funds: The Price Runup Is Only One Reason To Avoid GUT

GUT offers a very attractive 7.32% yield if the distribution can be supported. I continue my series looking into CEFs digging deeper than just the yield. With declining NAV, I have serious concerns about distribution coverage. I am not willing to pay what the market is currently offering for shares of GUT given its poor distribution coverage.

May 03

GUT: Quick Note On The Rights Offering Results

Photo by AndreyPopov/iStock via Getty Images Author's note: The following was an excerpt of our CEF Weekly Roundup commentary released to CEF/ETF Income Laboratory members on April 21, 2021, with certain numbers updated. Gabelli Utility Trust (GUT) rights offering has concluded and it was oversubscribed: Gabelli Utility Trust Rights Offering

Nov 13

Gabelli Utility Trust declares $0.05 dividend

Gabelli Utility Trust (GUT) declares $0.05/share monthly dividend, in line with previous.Forward yield 7.88%Payable Jan. 22; for shareholders of record Jan. 14; ex-div Jan. 13.Payable Feb. 19; for shareholders of record Feb. 11; ex-div Feb. 10.Payable Mar. 24; for shareholders of record Mar. 17; ex-div Mar. 16.See GUT Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

GUTUS Capital MarketsUS Market
7D-1.9%-1.6%-0.5%
1Y0.7%30.2%13.7%

Return vs Industry: GUT underperformed the US Capital Markets industry which returned 30.2% over the past year.

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

Price Volatility

Is GUT's price volatile compared to industry and market?
GUT volatility
GUT Average Weekly Movement1.7%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: GUT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: GUT's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999n/aBruce Alperthttps://www.gabelli.com/Template/fundinfo.cfm?tid=NDRiZjk=&bid=MmMzNQ==&mid=OWEyMA==&num=ZDQzOQ==&kid=MzM4ZDI=&fid=YjBiNA==&rid=311-=edoc_dnuf

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations.

Gabelli Utility Trust Fundamentals Summary

How do Gabelli Utility Trust's earnings and revenue compare to its market cap?
GUT fundamental statistics
Market CapUS$511.85m
Earnings (TTM)US$45.05m
Revenue (TTM)US$9.41m

11.4x

P/E Ratio

54.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GUT income statement (TTM)
RevenueUS$9.41m
Cost of RevenueUS$0
Gross ProfitUS$9.41m
Expenses-US$35.65m
EarningsUS$45.05m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin100.00%
Net Profit Margin478.93%
Debt/Equity Ratio0.001%

How did GUT perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

84%

Payout Ratio

Does GUT pay a reliable dividends?

See GUT dividend history and benchmarks
When do you need to buy GUT by to receive an upcoming dividend?
Gabelli Utility Trust dividend dates
Ex Dividend DateFeb 10 2022
Dividend Pay DateFeb 18 2022
Days until Ex dividend23 days
Days until Dividend pay date31 days

Does GUT pay a reliable dividends?

See GUT dividend history and benchmarks

Valuation

Is Gabelli Utility Trust undervalued compared to its fair value and its price relative to the market?

11.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GUT ($8.08) is trading above our estimate of fair value ($1.85)

Significantly Below Fair Value: GUT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GUT is good value based on its PE Ratio (11.4x) compared to the US Capital Markets industry average (15.9x).

PE vs Market: GUT is good value based on its PE Ratio (11.4x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GUT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GUT is good value based on its PB Ratio (1.9x) compared to the US Capital Markets industry average (42.4x).

Future Growth

How is Gabelli Utility Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gabelli Utility Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Gabelli Utility Trust performed over the past 5 years?

-24.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GUT has a large one-off gain of $44.8M impacting its June 30 2021 financial results.

Growing Profit Margin: GUT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: GUT's earnings have declined by 24.1% per year over the past 5 years.

Accelerating Growth: GUT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GUT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (86.4%).


Return on Equity

High ROE: GUT's Return on Equity (13.5%) is considered low.

Financial Health

How is Gabelli Utility Trust's financial position?


Financial Position Analysis

Short Term Liabilities: GUT's short term assets ($882.5K) do not cover its short term liabilities ($1.6M).

Long Term Liabilities: GUT's short term assets ($882.5K) exceed its long term liabilities ($7.2K).


Debt to Equity History and Analysis

Debt Level: GUT's net debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GUT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if GUT's debt is well covered by operating cash flow.

Interest Coverage: GUT's interest payments on its debt are well covered by EBIT (10724.3x coverage).


Balance Sheet

Dividend

What is Gabelli Utility Trust current dividend yield, its reliability and sustainability?

7.43%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 17 2022Ex Dividend DateFeb 10 2022Dividend Pay DateFeb 18 20228 days from Ex DividendBuy in the next 23 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: GUT's dividend (7.43%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: GUT's dividend (7.43%) is in the top 25% of dividend payers in the US market (3.44%)


Stability and Growth of Payments

Stable Dividend: GUT's dividends per share have been stable in the past 10 years.

Growing Dividend: GUT's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.4%), GUT's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

23.0yrs

Average board tenure


CEO

Bruce Alpert (69 yo)

19yrs

Tenure

Mr. Bruce N. Alpert, CPA, has been the President of GAMCO Global Gold, Natural Resources & Income Trust since 2005. He serves as a Senior Vice President of GAMCO Investors Inc. since May 2008. Mr. Alpert i...


Board Members

Experienced Board: GUT's board of directors are seasoned and experienced ( 23 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Company Information

The Gabelli Utility Trust's employee growth, exchange listings and data sources


Key Information


Location

  • The Gabelli Utility Trust
  • One Corporate Center
  • Rye
  • New York
  • 10580-1422
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:12
End of Day Share Price2022/01/14 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.