|Bid||21.50 x 1100|
|Ask||21.97 x 900|
|Day's Range||21.40 - 21.85|
|52 Week Range||16.26 - 28.31|
|Beta (3Y Monthly)||1.70|
|PE Ratio (TTM)||5.37|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||0.08 (0.39%)|
|1y Target Est||31.00|
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that it has repurchased 1.2 million shares from the Frederick J. Mancheski Revocable Trust and a related foundation. GAMCO Investors, Inc., through its subsidiaries, manages open-end funds and closed-end funds (Gabelli Funds, LLC) and private advisory accounts (GAMCO Asset Management Inc.). The financial results set forth in this press release are preliminary.
In a series of filings concerning the Pennsylvania-based bank over the past week, activists CT Opportunity Management and Driver Management disclosed that they had submitted proposed terms on March 23. The activist investors, filing together on April 4, reported that DNB Financial had declined to accept the term sheet.
A new type of ETF has just won approval from the SEC, and it could spur yet more growth in this $3.8 trillion market if it overcomes transparency issues: the ActiveShares ETFs owned by Precidian Investments. While many of the best-known ETFs are passive investment vehicles that track market indexes, the latest development will spur the launch of nontransparent actively-managed ETFs that do not have to make such daily disclosures. This is a radical change from the transparency that's been the hallmark - and a key selling point - for ETFs since their inception.
Gabelli Funds announces the 2019 inductees to the GAMCO Management Hall of Fame to be added at its thirty-fourth annual client conference on Friday, May 17 in New York. The inductees to the Hall of Fame are: Denise Ramos of ITT Inc., Jay Hooley of State Street Corporation, Amin Khoury of KLX Inc., and Cristina Stenbeck of Kinnevik AB.
Gabelli Funds announces the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing to be presented at its thirty-fourth client conference on Friday, May 17th in New York. In announcing Bruce Greenwald as the 2019 recipient, Mario Gabelli, Chairman of Gabelli Funds said, “The value investing community has had the great fortune of Bruce Greenwald training a generation of value investors.
Moody's Investors Service has affirmed GAMCO Investors, Inc.'s (GAMCO) Ba1 long term corporate family rating (CFR) and senior unsecured debt rating. Moody's has also assigned a probability of default rating at Ba1-PD.
Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. , announced today that Gabelli Media Mogul Fund is now available as a no-load, open-ended mutual fu
GAMCO Investors, Inc. announced today Laura Linehan, CFA, Co-Portfolio Manager of the sub-advised Teton Westwood Mighty Mites FundSM , has accepted a consulting role with the firm.
GAMCO Investors, Inc. (GBL) announced today that Howard M. Green, C.P.A. will join the firm immediately as Senior Vice President of Corporate Development. Howard Green has more than 25 years of experience in leadership roles as a senior financial executive in wealth management, FinTech and international financial firms, including broker dealers and asset managers. Most recently, Howard was the Global Controller and Managing Director with Cantor Fitzgerald.
GAMCO Investors Inc provides asset-management services for individual and institutional investors. The dividend yield of GAMCO Investors Inc stocks is 0.41%. GAMCO Investors Inc had annual average EBITDA growth of 7.30% over the past ten years.
The Rye, New York-based company said it had profit of 81 cents per share. Earnings, adjusted for non-recurring gains, came to 59 cents per share. The investment manager posted revenue of $81 million in ...
RYE, N.Y.-- -- Fourth quarter net income was $23.3 million vs. $13.5 million a year ago Fully diluted earnings were $0.81 per share versus $0.46 per share Average AUM for quarter was $37.4 billion vs. $43.0 billion in 2017 quarter GAMCO Investors, Inc. today reported fourth quarter 2018 revenues of $81.0 million, net income of $23.3 million, and earnings of $0.81 per diluted share. This compares to ...
Starboard Value has nominated seven people to the Dollar Tree’s board and is urging the company to explore a sale of the Family Dollar business.
The largest insider buys this week were GAMCO Global Gold Natural Resources & Income Trust, DISH Network, FS KKR Capital and Barings BDC
GAMCO Investors Inc. (GBL) Chairman and CEO Mario Gabelli (Trades, Portfolio) said in a CNBC interview on Wednesday that the global economy is expected to stay strong in 2020, countering views made by Bridgewater Associates founder Ray Dalio (Trades, Portfolio). Warning! GuruFocus has detected 2 Warning Signs with GBL.
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that it expects to report fourth quarter fully diluted per share earnings in the range of $0.79 to $0.83 versus $0.46 per fully diluted share a year ago. For the full year 2018, the fully diluted earnings per share are expected to be in the range of $4.04 to $4.08 per share versus $2.60 per share in 2017 driven by the CEO compensation waiver, lower effective income tax rate, slightly offset by lower investment income. Full year 2018 earnings were bolstered by approximately $1.50 per share for the waiver of CEO compensation for 10 months in 2018.
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that its Chairman and CEO, Mr. Mario J. Gabelli, has elected to waive all of his compensation that he would otherwise have been entitled to for the period from January 1, 2019 to March 31, 2019. GAMCO Investors, Inc., through its subsidiaries, manages open-end funds and closed-end funds (Gabelli Funds, LLC) and private advisory accounts (GAMCO Asset Management Inc.). Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
In 2017, the CEOs of the top 350 companies in America had an average compensation of $18.9 million according to a study by the Economic Policy Institute. According to the EPI, these companies had a CEO-to-employee compensation ratio of 312-to-1. How do they make this compensation, and what has their tenure looked like?