Great Elm Capital (GECC) Set to Announce Earnings on Thursday

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Great Elm Capital (NASDAQ:GECC - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Great Elm Capital (NASDAQ:GECC - Get Free Report) last posted its earnings results on Thursday, February 29th. The financial services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Great Elm Capital had a return on equity of 13.21% and a net margin of 70.71%. The business had revenue of $9.16 million for the quarter, compared to analyst estimates of $8.95 million. On average, analysts expect Great Elm Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Great Elm Capital Trading Up 2.1 %

Great Elm Capital stock traded up $0.21 during mid-day trading on Wednesday, hitting $10.36. 3,594 shares of the stock were exchanged, compared to its average volume of 17,018. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.42. Great Elm Capital has a 12 month low of $7.51 and a 12 month high of $11.82. The firm's fifty day simple moving average is $10.54 and its two-hundred day simple moving average is $10.39. The stock has a market capitalization of $97.93 million, a price-to-earnings ratio of 3.12 and a beta of 1.53.


Great Elm Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $1.40 annualized dividend and a yield of 13.51%. Great Elm Capital's payout ratio is 42.17%.

Great Elm Capital Company Profile

(Get Free Report)

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.

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Earnings History for Great Elm Capital (NASDAQ:GECC)

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