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

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

GAMCO Investors Stock Performance

The company has a market capitalization of $546.40 million, a price-to-earnings ratio of 9.22 and a beta of 1.09. The firm has a 50-day simple moving average of $20.38 and a two-hundred day simple moving average of $19.39.

GAMCO Investors (NYSE:GAMI) last released its earnings results on Tuesday, February 6th. The company reported $0.66 earnings per share for the quarter. The company 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 company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Tuesday, March 12th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Monday, March 11th. GAMCO Investors’s dividend payout ratio is currently 6.72%.

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.