Great Elm Capital Corp. (GECC)
| Market Cap | 76.13M |
| Revenue (ttm) | 23.46M |
| Net Income (ttm) | -30.47M |
| Shares Out | 7.60M |
| EPS (ttm) | -6.59 |
| PE Ratio | n/a |
| Forward PE | 7.69 |
| Dividend | $1.60 (15.98%) |
| Ex-Dividend Date | Dec 14, 2022 |
| Volume | 29,382 |
| Open | 9.98 |
| Previous Close | 9.99 |
| Day's Range | 9.97 - 10.03 |
| 52-Week Range | 7.98 - 20.88 |
| Beta | 1.51 |
| Analysts | Sell |
| Price Target | 9.18 (-8.3%) |
| Earnings Date | Nov 3, 2022 |
About GECC
Great Elm Capital Corp. is a business development company which specializes in loan and mezzanine, middle market investments. It invests in the debt instruments of middle market companies. 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. [Read more]
Financial Performance
In 2021, GECC's revenue was $25.25 million, an increase of 10.29% compared to the previous year's $22.90 million. Losses were -$10.28 million, -67.85% less than in 2020.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for GECC stock is "Sell." The 12-month stock price forecast is 9.18, which is a decrease of -8.29% from the latest price.
News
Great Elm Capital Corp. Announces Third Quarter 2022 Financial Results
Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today
Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2022 Earnings Release and Conference Call
Conference Call Scheduled for Thursday, November 3, 2022 at 11:00 a.m. ET Conference Call Scheduled for Thursday, November 3, 2022 at 11:00 a.m. ET
Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appoint...
After driving the organization's operations and dramatically contributing to its growth and profitability as a unique specialty finance company for over 18 years, Harvey will now serve as Vice Chairman ...
Great Elm Capital Corp. Announces Second Quarter 2022 Financial Results
Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today
Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2022 Earnings Release and Conference Call
Conference Call Scheduled for Thursday, August 4, 2022 at 11:00 a.m. ET Conference Call Scheduled for Thursday, August 4, 2022 at 11:00 a.m. ET
Down 13.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Great Elm Capital (GECC)
The heavy selling pressure might have exhausted for Great Elm Capital (GECC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ana...
Great Elm Capital Corp. Announces Date of Annual Meeting of Stockholders
WALTHAM, Mass., May 24, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today that its 2022 Annual Stockholders' Meeting will be held on August 1, 202...
Down 13.6% in 4 Weeks, Here's Why Great Elm Capital (GECC) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Great Elm Capital (GECC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ana...
Great Elm Capital Corp. Announces Launch of Non-Transferable Rights Offering
WALTHAM, Mass., May 17, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the terms of its previously announced non-transferable subscription righ...
Great Elm Capital Corp. Announces First Quarter 2022 Financial Results
Company to Host Quarterly Conference Call and Webcast at 11:30 AM ET Today Company to Host Quarterly Conference Call and Webcast at 11:30 AM ET Today
3 Business Development Companies With Dividend Yields Over 8%
Bjusiness development companies offer generous yields because they're required to distribute substantially all of their earnings to shareholders. BDCs receive favorable tax treatment, and in return, the...
Great Elm Capital Corp. Announces New Board Member
WALTHAM, Mass., March 15, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”) (NASDAQ: GECC), today announced that Chad Perry has been appointed to its Board of Directors. Mr...
Great Elm Capital Corp. Continues Specialty Finance Expansion, Launches a Joint Venture With Utica Leaseco, LLC
WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”) (NASDAQ: GECC), a business development company, today announced that it has launched Great Elm U...
Great Elm Capital Corp. Announces Approval Of $50 Million Rights Offering
WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“GECC”) (NASDAQ: GECC) announced today that its Board of Directors has approved a non-transferable rights offering to purchase...
Great Elm Capital Corp. Announces New Board Leadership
New members will enhance board's focus on portfolio performance and value for shareholders New members will enhance board's focus on portfolio performance and value for shareholders
Great Elm Capital Corp. Announces CEO Transition
WALTHAM, Mass., March 04, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced that Peter Reed ha...
Great Elm Capital Corp. Announces Fourth Quarter and Full Year 2021 Financial Results
Company to Host Quarterly Conference Call and Webcast at 11:00 AM ET Today
Great Elm Capital (GECC) Loses 16.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
The heavy selling pressure might have exhausted for Great Elm Capital (GECC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ana...
Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
Conference Call Scheduled for Friday, March 4, 2022, at 11:00 a.m. ET Conference Call Scheduled for Friday, March 4, 2022, at 11:00 a.m. ET
Great Elm Capital Corp. Expands Its Specialty Finance Footprint With the Purchase of a Majority Equity Interest in St...
WALTHAM, Mass., Feb. 03, 2022 (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 ...
Great Elm Capital Corp. Announces Reverse Stock Split
WALTHAM, Mass., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“GECC” or the “Company”) (NASDAQ: GECC), a business development company, announced today that its Board of Directors has approv...
Great Elm Capital Corp. Announces Record and Payment Dates for Fourth Quarter 2021 Quarterly Cash Distribution of $0....
WALTHAM, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its fourth quarter 2021 dis...
Great Elm Capital Corp. Appoints Michael P. Keller as President of its Specialty Finance Business
WALTHAM, Mass., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Great Elm Specialty Finance, a newly formed, wholly owned subsidiary of Great Elm Capital Corp. (“GECC,” “we,” “us,” or “our”) (NASDAQ: GECC), a busines...
Great Elm Capital (GECC) Misses Q3 Earnings Estimates
Great Elm Capital (GECC) delivered earnings and revenue surprises of -12.50% and 11.32%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Great Elm Capital Corp. Announces Third 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