The Technical Analyst
First Trust Specialty [FGB]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
First Trust Specialty Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.00% $3.82
America/New_York / 8 mai 2024 @ 15:59
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 54.81 mill |
| EPS: | -0.170 |
| P/E: | -22.44 |
| Earnings Date: | N/A |
| SharesOutstanding: | 14.37 mill |
| Avg Daily Volume: | 0.0576 mill |
| RATING 2024-05-08 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | n/a | n/a | n/a | |||
| Gr.Profit | n/a | n/a | n/a | |||
| Ebit | n/a | n/a | n/a | |||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -22.44 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -1.12x |
| Company: PE -22.44 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-0.330 (-108.65%) $-4.15 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 3.76 - 3.88 ( +/- 1.49%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-06-05 | Maltbie Derek | Sell | 0 | Common Shares |
| 2023-09-10 | Wright Bronwyn | Sell | 0 | Common Shares |
| 2021-12-28 | Kadlec Thomas R | Sell | 2 432 | Common Shares |
| 2021-11-01 | Denise M Keefe | Sell | 0 | Common Shares |
| 2021-09-07 | Hansen Brian N | Buy | 0 |
| INSIDER POWER |
|---|
| 0.00 |
| Last 71 transactions |
| Buy: 24 500 | Sell: 9 185 |
Forecast:
16:00 - $3.82
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $3.82
Forecast 2: 16:00 - $3.82
Forecast 3: 16:00 - $3.82
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $3.82 (0.00% ) |
| Volume | 0.0388 mill |
| Avg. Vol. | 0.0576 mill |
| % of Avg. Vol | 67.25 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For FGB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
FGB
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors. The fund primarily invests in value stocks of companies, as well as in Business Development Companies, REITs, and other mortgage related securities. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 70% Wells Fargo BDC Index, 20% FTSE NAREIT Mortgage REIT Index, and 10% S&P SmallCap Financials Index. It was formerly known as First Trust/Gallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.
Latest Press Releases
2024-04-18 16:10:00 - Press Release
First Trust Announces Adjournment Of Special Meeting Of Shareholders Relating To The Reorganization Of First Trust Specialty Finance And Financial Opportunities Fund With And Into Abrdn Total Dynamic Dividend Fund
Wheaton, ill.--(business wire)--first trust advisors l.p. (“fta”) announced today that the special meeting of shareholders of first trust specialty finance and financial opportunities fund (nyse: fgb) (the “fund”) held on april 18, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the fund with and into abrdn total dynamic dividend fund (“aod”). the special meeting of shareholders of the.
2024-03-07 16:10:00 - Press Release
First Trust Announces Adjournment Of Special Meeting Of Shareholders Relating To The Reorganization Of First Trust Specialty Finance And Financial Opportunities Fund With And Into Abrdn Total Dynamic Dividend Fund
Wheaton, ill.--(business wire)--first trust advisors l.p. (“fta”) announced today that the special meeting of shareholders of first trust specialty finance and financial opportunities fund (nyse: fgb) (the “fund”) held on march 7, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the fund with and into abrdn total dynamic dividend fund (“aod”). the special meeting of shareholders of the f.
2024-02-20 16:20:00 - Press Release
First Trust Announces Adjournment Of Special Meeting Of Shareholders Relating To The Reorganization Of First Trust Specialty Finance And Financial Opportunities Fund With And Into Abrdn Total Dynamic Dividend Fund
Wheaton, ill.--(business wire)--first trust advisors l.p. (“fta”) announced today that the special meeting of shareholders of first trust specialty finance and financial opportunities fund (nyse: fgb) (the “fund”) held on february 20, 2024 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the fund with and into abrdn total dynamic dividend fund (“aod”). the special meeting of shareholders of t.
2024-02-12 16:10:00 - Press Release
First Trust Specialty Finance And Financial Opportunities Fund Declares Its Quarterly Distribution Of $0.0825 Per Share
Wheaton, ill.--(business wire)--first trust specialty finance and financial opportunities fund (the "fund") (nyse: fgb) has declared the fund's regularly scheduled quarterly distribution of $0.0825 per share. the distribution will be payable on february 29, 2024, to shareholders of record as of february 23, 2024. the ex-dividend date is expected to be february 22, 2024. the quarterly distribution information for the fund appears below. first trust specialty finance and financial opportunities f.
2023-11-13 16:10:00 - Press Release
First Trust Specialty Finance And Financial Opportunities Fund Declares Its Quarterly Distribution Of $0.0825 Per Share
Wheaton, ill.--(business wire)--first trust specialty finance and financial opportunities fund (the "fund") (nyse: fgb) has declared the fund's regularly scheduled quarterly distribution of $0.0825 per share. the distribution will be payable on december 1, 2023, to shareholders of record as of november 24, 2023. the ex-dividend date is expected to be november 22, 2023. the quarterly distribution information for the fund appears below. first trust specialty finance and financial opportunities fu.
Latest News
2023-10-08 05:37:39 - Seeking Alpha
The Month In Closed-End Funds: September 2023
For the second straight month, both equity (-3.12% on a NAV basis) and fixed income (-1.94%) CEFs on average suffered downside performance. At month end, 9% of all CEFs traded at a premium to their NAV, with 11% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Energy MLP CEFs (-0.72%), for the second month in a row, mitigated losses better than the other classifications in the equity CEF universe for September.
2023-07-28 14:59:27 - Seeking Alpha
FGB: Remains A Pass For Serious BDC Investors
As we approach Q2 business development company earnings, we take a look at First Trust Special Finance and Financial Opportunities Fund - a closed-end fund that allocates primarily to BDCs. On paper, the FGB CEF looks like a great buy - take a high-return / high-yield BDC sector, add leverage, active management and a discount, and you should get a great result. The reality is very different - a dart-throwing monkey would have outperformed FGB by around 9% each and every year. We'll take the monkey, thank you.
2023-07-16 10:25:59 - Seeking Alpha
FGB: Basket Of BDCs At A Discount
The First Trust Specialty Finance & Financial Opportunities Fund has 93% of its fund invested in BDCs, which have been benefiting from rising interest rates. FGB offers a potential opportunity with its own double-digit discount, with its largest holdings invested in top-tier BDCs like Hercules Capital and Main Street Capital. FGB should be starting to see the benefit from the underlying BDCs as they ramp up their own dividends to investors, which should improve distribution coverage for FGB's payout.
2023-02-21 14:08:43 - Seeking Alpha
FGB: Back In Deep Discount Territory
FGB has become an interesting fund to trade on occasion when larger-than-usual discounts open up. Recently, we've seen that discount open up once again to over 13%.
2023-02-04 05:11:16 - Seeking Alpha
BDC Weekly Review: Another Year Of Underperformance For BDC CEF FGB
We take a look at the action in business development companies through the fourth week of January and highlight some of the key themes we are watching. BDCs had another good week with the sector approaching a double-digit return this year already.
2022-12-13 21:43:57 - Seeking Alpha
Weekly Closed-End Fund Roundup: Special Distributions Coming Up (December 4, 2022)
22 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. All sectors were positive last week.
2022-12-13 11:35:59 - Seeking Alpha
4 Closed-End Fund Buys In The Month Of November 2022
The markets have added to the gains they started in October. I add to my investments every month; however, this month, I did quite a bit of movement with several positions I sold too.
2022-10-31 12:25:35 - Seeking Alpha
FGB: Attractive Discount And Distribution Coverage Jumps
FGB's latest report showed that net investment income jumped quite meaningfully. That should leave it in a better position to maintain its high double-digit yield.
2022-07-21 13:28:58 - Seeking Alpha
FGB: Discount And Decline Make This An Interesting Play
The fund invests primarily in BDCs, despite the more open-ended name of "finance and financial opportunities." BDCs were holding up relatively well, with the latest declines and discount expansion making a more attractive investment for FGB.
2022-04-30 04:35:54 - Seeking Alpha
FGB: Higher Interest Rates Make This Fund Hold Up Better
FGB has been performing about flat for the year, which is better than most other investments at this time. This might be surprising since it is generally a riskier position, but this is because BDCs can actually benefit from higher interest rates.