GAMCO Investors (NYSE:GAMI) Stock Price Down 5.2%

Shares of GAMCO Investors, Inc. (NYSE:GAMI) traded down 5.2% during mid-day trading on Thursday . The stock traded as low as $25.01 and last traded at $25.01. 1,408 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 5,872 shares. The stock had previously closed at $26.37.

GAMCO Investors Trading Down 5.1 %

The company has a market cap of $620.07 million, a price-to-earnings ratio of 10.99 and a beta of 0.94. The firm’s fifty day moving average price is $25.07 and its 200-day moving average price is $23.87.

GAMCO Investors (NYSE:GAMI) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.61 EPS for the quarter. The business had revenue of $57.64 million for the quarter. GAMCO Investors had a net margin of 26.16% and a return on equity of 33.04%.

GAMCO Investors Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, November 4th. Investors of record on Monday, September 30th will be given a $2.00 dividend. The ex-dividend date is Monday, September 30th. GAMCO Investors’s dividend payout ratio is currently 6.67%.

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.