Media stories about Gamco Investors (NYSE:GBL) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gamco Investors earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news coverage about the closed-end fund an impact score of 45.7724403107353 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Gamco Investors (NYSE:GBL) opened at $29.60 on Wednesday. The company has a debt-to-equity ratio of -1.95, a quick ratio of 0.90 and a current ratio of 1.67. Gamco Investors has a 1 year low of $27.55 and a 1 year high of $32.60. The stock has a market cap of $867.31, a PE ratio of 9.31 and a beta of 1.06.
Gamco Investors (NYSE:GBL) last posted its quarterly earnings results on Tuesday, November 7th. The closed-end fund reported $0.70 earnings per share (EPS) for the quarter. Gamco Investors had a net margin of 26.81% and a negative return on equity of 63.12%.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Wednesday, December 27th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, December 26th. This represents a $0.08 annualized dividend and a yield of 0.27%. Gamco Investors’s payout ratio is 2.52%.
In other Gamco Investors news, insider Der Eb Henry Van sold 882 shares of the company’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $29.13, for a total transaction of $25,692.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 80.02% of the company’s stock.
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About Gamco Investors
GAMCO Investors, Inc is a holding company. The Company is a provider of investment advisory services to open and closed-end funds, institutional and private wealth management investors principally in the United States. The Company operates through the investment advisory and asset management business segment.
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