GAMCO Investors (NYSE:GAMI) Shares Gap Down to $25.00

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $25.00, but opened at $24.25. GAMCO Investors shares last traded at $24.25, with a volume of 106 shares.

GAMCO Investors Trading Down 3.0 %

The business has a fifty day moving average of $23.78 and a 200-day moving average of $20.93. The firm has a market cap of $600.92 million, a PE ratio of 10.10 and a beta of 1.00.

GAMCO Investors (NYSE:GAMIGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.64 earnings per share (EPS) for the quarter. GAMCO Investors had a return on equity of 34.27% and a net margin of 25.81%. The business had revenue of $56.95 million for the quarter.

GAMCO Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $0.80 annualized dividend and a dividend yield of 3.30%. GAMCO Investors’s payout ratio is currently 6.67%.

GAMCO Investors Company Profile

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GAMCO Investors, Inc is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.

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