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Great Elm Capital Corp. (GECC)

NASDAQ: GECC · IEX Real-Time Price · USD
3.38
-0.02 (-0.59%)
After-hours:Sep 24, 2021 6:43 PM EDT
3.40
0.03 (0.89%)
At close: Sep 24, 4:00 PM
Market Cap91.48M
Revenue (ttm)23.23M
Net Income (ttm)13.10M
Shares Out23.51M
EPS (ttm)0.66
PE Ratio5.18
Forward PE8.55
Dividend$0.70 (20.47%)
Ex-Dividend DateSep 14, 2021
Volume54,655
Open3.39
Previous Close3.37
Day's Range3.37 - 3.42
52-Week Range2.31 - 3.80
Beta2.03
AnalystsHold
Price Target3.41 (+0.3%)
Est. Earnings DateNov 9, 2021

About GECC

Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.

IndustryCapital Markets
CountryUnited States
Stock ExchangeNASDAQ
Ticker SymbolGECC
Full Company Profile

Financial Performance

In 2020, GECC's revenue was $22.90 million, a decrease of -15.32% compared to the previous year's $27.04 million. Losses were -$31.96 million, 323.4% more than in 2019.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GECC stock is "Hold." The 12-month stock price forecast is 3.41, which is an increase of 0.29% from the latest price.

Price Target
$3.41
(0.29% upside)
Analyst Consensus: Hold

News

Great Elm Capital Corp. Announces Acquisition of Majority Interest in Lenders Funding, LLC

WALTHAM, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that it has acquired a majority...

5 days ago - GlobeNewsWire

Great Elm Capital Corp. Announces Record and Payment Dates For Third Quarter 2021 Quarterly Cash Distribution of $0.1...

WALTHAM, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its third quarter 2021 dist...

1 month ago - GlobeNewsWire

Great Elm Capital (GECC) Upgraded to Buy: What Does It Mean for the Stock?

Great Elm Capital (GECC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Great Elm Capital (GECC) Beats Q2 Earnings Estimates

Great Elm Capital (GECC) delivered earnings and revenue surprises of 12.50% and -0.11%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Recap: Great Elm Capital Q2 Earnings

Shares of Great Elm Capital (NASDAQ:GECC) rose 3.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 0.00% over the past year to $0.09, which b...

1 month ago - Benzinga

Great Elm Capital Corp. Announces Second Quarter 2021 Financial Results

Company to Host Quarterly Conference Call at 11:00 AM ET Today Company to Host Quarterly Conference Call at 11:00 AM ET Today

1 month ago - GlobeNewsWire

Earnings Preview: Great Elm Capital (GECC) Q2 Earnings Expected to Decline

Great Elm Capital (GECC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2021 Earnings Release and Conference Call

Conference Call Scheduled for Tuesday, August 3, 2021 at 11:00 a.m. ET Conference Call Scheduled for Tuesday, August 3, 2021 at 11:00 a.m. ET

1 month ago - GlobeNewsWire

Avoid These 7 Stocks in Retirement Like the Plague

By, Bob Ciura Investors who are in retirement, or nearing retirement will have different needs than their younger counterparts still in the accumulation phase of their life. Retiring means losing the re...

1 month ago - Benzinga

Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2022

WALTHAM, Mass., June 23, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today that it has caused notices to be issued to the holders of its 6.50% Not...

3 months ago - GlobeNewsWire

Great Elm Capital Corp. Prices Public Offering of $50,000,000 of 5.875% Notes Due 2026

WALTHAM, Mass., June 17, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the pricing of its underwritten public offering of $50,000,000 aggregat...

3 months ago - GlobeNewsWire

Great Elm Capital Corp. Announces Public Offering of Unsecured Notes

WALTHAM, Mass., June 16, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the commencement of an underwritten public offering of unsecured notes ...

3 months ago - GlobeNewsWire

Great Elm Capital Corp. Announces Record and Payment Dates for Second Quarter 2021 Quarterly Cash Distribution of $0....

WALTHAM, Mass., May 21, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its second quarter 2021 dist...

4 months ago - GlobeNewsWire

Great Elm Capital Corp. Announces First Quarter 2021 Financial Results Highlighted By 12.4% Increase in Nav Per Share

Company to Host Quarterly Conference Call at 11:00 AM ET Today Company to Host Quarterly Conference Call at 11:00 AM ET Today

4 months ago - GlobeNewsWire

Great Elm Capital Corp. (“GECC”) Schedules First Quarter 2021 Earnings Release and Conference Call

Conference Call Scheduled for Friday, May 7, 2021 at 11:00 a.m. ET Conference Call Scheduled for Friday, May 7, 2021 at 11:00 a.m. ET

4 months ago - GlobeNewsWire

Recap: Great Elm Capital Q4 Earnings

Shares of Great Elm Capital (NASDAQ:GECC) moved higher by 0.8% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 72.00% over the past year to $0...

6 months ago - Benzinga

Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Year End 2020 Earnings Release and Conference Call

WALTHAM, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”), (NASDAQ: GECC), a business development company (BDC), today announced it will release its finan...

6 months ago - GlobeNewsWire

Great Elm Capital Corp. Announces Record and Payment Dates For First Quarter 2021 Quarterly Cash Distribution of $0.1...

WALTHAM, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company (BDC), today announced that the previously announ...

7 months ago - GlobeNewsWire

Great Elm Capital: Repositioning Into Specialty Finance Business

Dividend yield expected to be around 10% after recent dividend cut. Repositioning portfolio from distressed debt to equity investments and specialty finance business.

8 months ago - Seeking Alpha

Great Elm Capital Corporation (GECC) CEO Peter Reed on Q3 2020 Results - Earnings Call Transcript

Great Elm Capital Corporation (GECC) CEO Peter Reed on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Great Elm (GECC) Q3 Earnings and Revenues Beat Estimates

Great Elm (GECC) delivered earnings and revenue surprises of 12.50% and 6.98%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Great Elm Capital Corp. Declares Quarterly Cash Distribution of $0.10 per Share

WALTHAM, Mass., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” “GECC,” or “Great Elm BDC”), (NASDAQ: GECC), a business development company (BDC), today announced that Grea...

10 months ago - GlobeNewsWire

Earnings Preview: Great Elm (GECC) Q3 Earnings Expected to Decline

Great Elm (GECC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2020 Earnings Release and Conference Call

Conference Call Scheduled for Monday, November 9, 2020 at 11:00 a.m. ET Conference Call Scheduled for Monday, November 9, 2020 at 11:00 a.m. ET

10 months ago - GlobeNewsWire

Great Elm Capital Corp. Announces Final Results of Non-Transferable Rights Offering

WALTHAM, Mass., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced the final results of its non-transferable rights offering, which entitled hol...

11 months ago - GlobeNewsWire