GAMCO Investors (NYSE:GAMI) Sets New 1-Year High at $21.96

GAMCO Investors, Inc. (NYSE:GAMI) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $21.96 and last traded at $21.91, with a volume of 4185 shares traded. The stock had previously closed at $21.81.

GAMCO Investors Stock Performance

The stock has a market capitalization of $546.40 million, a P/E ratio of 9.22 and a beta of 1.09. The stock has a 50 day moving average of $20.38 and a 200 day moving average of $19.39.

GAMCO Investors (NYSE:GAMI) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.66 EPS for the quarter. The firm had revenue of $57.31 million during the quarter. GAMCO Investors had a return on equity of 36.38% and a net margin of 25.53%.

GAMCO Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 12th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 11th. This represents a $0.16 dividend on an annualized basis and a yield of 0.73%. GAMCO Investors’s payout ratio is currently 6.72%.

About GAMCO Investors

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.