Great Elm Capital (GECC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $10.03 to $10.27
• 50-Day Range: $9.73 to $10.70
• 52-Week Range: $8.38 to $11.82
• Volume: 13,631 shs
• Average Volume: 18,022 shs
• Market Capitalization: $97.07 million
• P/E Ratio: 7.44
• Dividend Yield: 13.63%
• Price Target: N/A
• Consensus Rating: N/A

Great Elm Capital Stock Analysis - MarketRank™

Great Elm Capital scored higher than 79% of companies evaluated by MarketBeat, and ranked 277th out of 896 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Great Elm Capital.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 4.23%

Earnings Growth

Earnings for Great Elm Capital are expected to grow by 4.23% in the coming year, from $1.42 to $1.48 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Great Elm Capital is 7.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Great Elm Capital is 7.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.74.

Price to Book Value per Share Ratio

Great Elm Capital has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.24% of the float of Great Elm Capital has been sold short.

Short Interest Ratio / Days to Cover

Great Elm Capital has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Great Elm Capital has recently decreased by 3.59%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Great Elm Capital is a leading dividend payer. It pays a dividend yield of 13.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Great Elm Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Great Elm Capital is 63.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Great Elm Capital will have a dividend payout ratio of 94.59% in the coming year. This indicates that Great Elm Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.24% of the float of Great Elm Capital has been sold short.

Short Interest Ratio / Days to Cover

Great Elm Capital has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Great Elm Capital has recently decreased by 3.59%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Great Elm Capital has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Great Elm Capital this week, compared to 1 article on an average week.

Search Interest

18 people have searched for GECC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Great Elm Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $127,154.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

10.20% of the stock of Great Elm Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.75% of the stock of Great Elm Capital is held by institutions.

GECC Stock Analysis - Frequently Asked Questions

How have GECC shares performed this year?

Great Elm Capital's stock was trading at $10.65 at the beginning of the year. Since then, GECC stock has decreased by 3.6% and is now trading at $10.2699.
View the best growth stocks for 2024 here.

How were Great Elm Capital's earnings last quarter?

Great Elm Capital Corp. (NASDAQ:GECC) posted its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.01. The financial services provider had revenue of $9.55 million for the quarter, compared to analysts' expectations of $9.77 million. Great Elm Capital had a net margin of 27.61% and a trailing twelve-month return on equity of 11.40%.

When did Great Elm Capital's stock split?

Great Elm Capital's stock reverse split on Monday, February 28th 2022. The 1-6 reverse split was announced on Thursday, January 27th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 28th 2022. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

How do I buy shares of Great Elm Capital?

Shares of GECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Great Elm Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Great Elm Capital investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), General Electric (GE), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 10/24/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:GECC
• CUSIP: N/A
• CIK: 1675033
• Web: www.greatelmcc.com
• Phone: (617) 375-3006
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.20
• Trailing P/E Ratio: 7.44
• Forward P/E Ratio: 7.23
• P/E Growth: N/A
• Net Income: $25.33 million
• Net Margins: 27.61%
• Pretax Margin: 28.39%
• Return on Equity: 11.40%
• Return on Assets: 4.58%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 0.30
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $15.09 million
• Price / Sales: 6.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $12.99 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 9,452,000
• Free Float: 9,384,000
• Market Cap: $97.07 million
• Optionable: Not Optionable
• Beta: 1.60