Gabelli Utility Trust
Market Cap
US$419.0m
Last Updated
2020/02/19 00:29 UTC
Data Sources
Company Financials
Executive Summary
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.
Rewards
Snowflake Analysis
Share Price & News
How has Gabelli Utility Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GUT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.0%
GUT
0.2%
US Capital Markets
0.06%
US Market
1 Year Return
18.3%
GUT
17.8%
US Capital Markets
19.4%
US Market
Return vs Industry: GUT matched the US Capital Markets industry which returned 17.8% over the past year.
Return vs Market: GUT underperformed the US Market which returned 19.4% over the past year.
Shareholder returns
| GUT | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | 0.2% | 0.06% |
| 30 Day | -1.1% | 0.2% | 1.1% |
| 90 Day | 1.4% | 6.8% | 8.9% |
| 1 Year | 28.4%18.3% | 20.2%17.8% | 21.9%19.4% |
| 3 Year | 58.2%18.2% | 38.8%30.9% | 48.9%39.3% |
| 5 Year | 75.1%8.3% | 81.4%64.5% | 71.9%53.1% |
Price Volatility Vs. Market
How volatile is Gabelli Utility Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Gabelli Utility Trust undervalued compared to its fair value and its price relative to the market?
13.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GUT ($7.81) is trading above our estimate of fair value ($2.88)
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 (13.8x) compared to the Capital Markets industry average (36x).
PE vs Market: GUT is good value based on its PE Ratio (13.8x) compared to the US market (18.3x).
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 (1.6x) compared to the US Capital Markets industry average (6.6x).
Future Growth
How is Gabelli Utility Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.5%
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?
-13.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GUT has a large one-off gain of $29.4M impacting its June 30 2019 financial results.
Growing Profit Margin: GUT's current net profit margins are higher than last year (51.9%).
Past Earnings Growth Analysis
Earnings Trend: GUT's earnings have declined by -13.1% per year over the past 5 years.
Accelerating Growth: GUT's earnings growth over the past year (549.1%) exceeds its 5-year average (-13.1% per year).
Earnings vs Industry: GUT earnings growth over the past year (549.1%) exceeded the Capital Markets industry 8.4%.
Return on Equity
High ROE: GUT's Return on Equity (9.6%) is considered low.
Return on Assets
Return on Capital Employed
Financial Health
How is Gabelli Utility Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: GUT has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if GUT's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: GUT's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GUT has a sufficient allowance for bad loans.
Low Risk Liabilities: GUT reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GUT has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GUT has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GUT has an appropriate level of bad loans.
Dividend
What is Gabelli Utility Trust's current dividend yield, its reliability and sustainability?
7.68%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Gabelli Utility Trust before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GUT's dividend (7.68%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: GUT's dividend (7.68%) is in the top 25% of dividend payers in the US market (3.7%)
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (106.1%), GUT's dividend payments are not well 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?
21.1yrs
Average board tenure
CEO
Gabelli Utility Trust has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Trustee | 21.1yrs | US$15.50k | 0.012% $48.7k | |
| Lead Independent Trustee | 0yrs | US$15.00k | no data | |
| Independent Trustee | 21.1yrs | US$12.50k | no data | |
| Independent Trustee | 21.1yrs | US$12.50k | no data | |
| Independent Trustee | 21.1yrs | US$17.00k | no data | |
| 21.1yrs | no data | no data | ||
| Independent Trustee | 21.1yrs | US$15.00k | no data | |
| Independent Trustee | 21.1yrs | US$15.00k | no data | |
| Independent Trustee | 7.5yrs | US$12.50k | 0.013% $53.0k |
21.1yrs
Average Tenure
79yo
Average Age
Experienced Board: GUT's board of directors are seasoned and experienced ( 21.1 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Gabelli Utility Trust's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Gabelli Utility Trust
- Ticker: GUT
- Exchange: NYSE
- Founded: 1999
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$418.959m
- Shares outstanding: 53.99m
- Website: https://www.gabelli.com/Template/fundinfo.cfm?tid=NDRiZjk=&bid=MmMzNQ==&mid=OWEyMA==&num=ZDQzOQ==&kid=MzM4ZDI=&fid=YjBiNA==&rid=311-=edoc_dnuf
Location
- The Gabelli Utility Trust
- One Corporate Center
- Rye
- New York
- 10580-1422
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GUT | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jun 1999 |
| GUT.PRA | NYSE (New York Stock Exchange) | PFD A 5.625% | US | USD | Aug 2003 | |
| GUT.PRC | NYSE (New York Stock Exchange) | PFD CUM SER C | US | USD | May 2016 |
Biography
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. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 00:29 |
| End of Day Share Price | 2020/02/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.