Great Elm Capital Corp. (GECC)

NASDAQ: GECC · IEX Real-Time Price · USD
10.01
+0.02 (0.23%)
Dec 9, 2022 3:37 PM EST - Market closed
0.23%
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]

Industry Capital Markets
Country United States
Stock Exchange NASDAQ
Ticker Symbol GECC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$9.18
(-8.29% downside)
Analyst Consensus: Sell
Stock Forecasts

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

1 month ago - GlobeNewsWire

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

1 month ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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...

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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...

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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...

Other symbols: CSWCNEWT
7 months ago - InvestorPlace

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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...

9 months ago - Zacks Investment Research

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

9 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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?

1 year ago - Zacks Investment Research

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

1 year ago - GlobeNewsWire