GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $24.30, but opened at $23.80. GAMCO Investors shares last traded at $23.80, with a volume of 209 shares trading hands.
GAMCO Investors Price Performance
The company has a market cap of $551.36 million, a PE ratio of 9.27 and a beta of 0.98. The business has a 50 day moving average of $24.27 and a 200 day moving average of $21.29.
GAMCO Investors (NYSE:GAMI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.64 earnings per share (EPS) for the quarter. GAMCO Investors had a net margin of 25.81% and a return on equity of 34.27%. The company had revenue of $56.95 million for the quarter.
GAMCO Investors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Tuesday, June 11th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date was Tuesday, June 11th. GAMCO Investors’s payout ratio is presently 6.67%.
GAMCO Investors Company Profile
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.