| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
GUT Stock Overview
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.08 |
| 52 Week High | US$8.36 |
| 52 Week Low | US$6.70 |
| Beta | 0.75 |
| 1 Month Change | 1.13% |
| 3 Month Change | 1.00% |
| 1 Year Change | 0.75% |
| 3 Year Change | 29.90% |
| 5 Year Change | 25.66% |
| Change since IPO | -6.32% |
Recent News & Updates
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.
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
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
| GUT | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.9% | -1.6% | -0.5% |
| 1Y | 0.7% | 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
| GUT volatility | |
|---|---|
| GUT Average Weekly Movement | 1.7% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | n/a | Bruce Alpert | https://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
| GUT fundamental statistics | |
|---|---|
| Market Cap | US$511.85m |
| Earnings (TTM) | US$45.05m |
| Revenue (TTM) | US$9.41m |
11.4x
P/E Ratio54.4x
P/S RatioIs GUT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GUT income statement (TTM) | |
|---|---|
| Revenue | US$9.41m |
| Cost of Revenue | US$0 |
| Gross Profit | US$9.41m |
| Expenses | -US$35.65m |
| Earnings | US$45.05m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.71 |
| Gross Margin | 100.00% |
| Net Profit Margin | 478.93% |
| Debt/Equity Ratio | 0.001% |
How did GUT perform over the long term?
See historical performance and comparisonDividends
7.4%
Current Dividend Yield84%
Payout RatioDoes GUT pay a reliable dividends?
See GUT dividend history and benchmarks| Gabelli Utility Trust dividend dates | |
|---|---|
| Ex Dividend Date | Feb 10 2022 |
| Dividend Pay Date | Feb 18 2022 |
| Days until Ex dividend | 23 days |
| Days until Dividend pay date | 31 days |
Does GUT pay a reliable dividends?
See GUT dividend history and benchmarksValuation
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
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
- Name: The Gabelli Utility Trust
- Ticker: GUT
- Exchange: NYSE
- Founded: 1999
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$511.852m
- Shares outstanding: 63.35m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 23:12 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.