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About Great Elm Capital (NASDAQ:GECC)
Great Elm Capital Corp. is a closed-end, non-diversified management investment company. The Company is focused on generating interest and capital appreciation by investing in the capital structures of middle-market companies that operate in a range of industries. The Company also focuses on making multi-year investments, primarily in secured and senior unsecured debt instruments that it purchases in the secondary markets, though it may also originate investments or acquire them directly from issuers. The Company's investment advisor is Great Elm Capital Management, Inc. (GECM). Great Elm Capital Group is the parent company of GECM.
Industry, Sector and Symbol
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:GECC
CUSIPN/A
Phone617-375-3006
Debt
Debt-to-Equity Ratio0.60
Current Ratio0.22
Quick Ratio0.22
Price-To-Earnings
Trailing P/E Ratio6.12
Forward P/E Ratio8.02
P/E GrowthN/A
Sales & Book Value
Annual Sales$29.73 million
Price / Sales3.33
Cash Flow$1.0461 per share
Price / Cash8.89
Book Value$12.40 per share
Price / Book0.75
Profitability
EPS (Most Recent Fiscal Year)$1.52
Net Income$-2,750,000.00
Net Margins-34.01%
Return on Equity12.75%
Return on Assets7.47%
Miscellaneous
Employees5
Outstanding Shares10,650,000
Great Elm Capital (NASDAQ:GECC) Frequently Asked Questions
What is Great Elm Capital's stock symbol?
Great Elm Capital trades on the NASDAQ under the ticker symbol "GECC."
How often does Great Elm Capital pay dividends? What is the dividend yield for Great Elm Capital?
Great Elm Capital declared a monthly dividend on Thursday, May 10th. Shareholders of record on Friday, September 28th will be given a dividend of $0.083 per share on Monday, October 15th. This represents a $1.00 annualized dividend and a yield of 10.71%. The ex-dividend date is Thursday, September 27th. View Great Elm Capital's Dividend History.
How will Great Elm Capital's stock buyback program work?
Great Elm Capital declared that its Board of Directors has authorized a share buyback plan on Wednesday, March 29th 2017, which permits the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 10.2% of its shares through a tender offer. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were Great Elm Capital's earnings last quarter?
Great Elm Capital (NASDAQ:GECC) announced its quarterly earnings results on Wednesday, May, 9th. The financial services provider reported $0.36 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.03. The financial services provider earned $7.50 million during the quarter, compared to analyst estimates of $6.75 million. Great Elm Capital had a negative net margin of 34.01% and a positive return on equity of 12.75%. View Great Elm Capital's Earnings History.
What price target have analysts set for GECC?
4 brokerages have issued 12-month price objectives for Great Elm Capital's shares. Their forecasts range from $12.00 to $14.00. On average, they anticipate Great Elm Capital's stock price to reach $13.3333 in the next year. View Analyst Ratings for Great Elm Capital.
Who are some of Great Elm Capital's key competitors?
Some companies that are related to Great Elm Capital include Fidus Investment (FDUS), Monroe Capital (MRCC), Silvercrest Asset Management Group (SAMG), Value Line (VALU), Hennessy Advisors (HNNA), Gp Zgp (ZAIS), StoneCastle Financial (BANX), Saratoga Investment (SAR), Alcentra Capital (ABDC), Fifth Street Asset Management (FSAM), Manning and Napier (MN), U.S. Global Investors (GROW), Medley Management (MDLY), BKF Capital Group (BKFG) and Wright Investors Service (WISH).
Has Great Elm Capital been receiving favorable news coverage?
Media headlines about GECC stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Great Elm Capital earned a news impact score of 0.18 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.53 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Great Elm Capital's major shareholders?
Great Elm Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Quantum Capital Management (1.20%) and UBS Group AG (1.00%). Company insiders that own Great Elm Capital stock include Mark Kuperschmid, Mast Capital Management, Llc, Michael C Speller, Michael J Sell and Peter A Reed. View Institutional Ownership Trends for Great Elm Capital.
Which institutional investors are selling Great Elm Capital stock?
Which institutional investors are buying Great Elm Capital stock?
GECC stock was purchased by a variety of institutional investors in the last quarter, including Quantum Capital Management. Company insiders that have bought Great Elm Capital stock in the last two years include Mark Kuperschmid, Michael C Speller, Michael J Sell and Peter A Reed. View Insider Buying and Selling for Great Elm Capital.
How do I buy shares of Great Elm Capital?
Shares of GECC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Great Elm Capital's stock price today?
One share of GECC stock can currently be purchased for approximately $9.30.
How big of a company is Great Elm Capital?
Great Elm Capital has a market capitalization of $98.96 million and generates $29.73 million in revenue each year. The financial services provider earns $-2,750,000.00 in net income (profit) each year or $1.52 on an earnings per share basis. Great Elm Capital employs 5 workers across the globe.
How can I contact Great Elm Capital?
Great Elm Capital's mailing address is 800 SOUTH STREET SUITE 230, WALTHAM MA, 02453. The financial services provider can be reached via phone at 617-375-3006 or via email at [email protected]
MarketBeat Community Rating for Great Elm Capital (GECC)
MarketBeat's community ratings are surveys of what our community members think about Great Elm Capital and other stocks. Vote "Outperform" if you believe GECC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GECC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Great Elm Capital (NASDAQ:GECC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
4 Wall Street analysts have issued ratings and price targets for Great Elm Capital in the last 12 months. Their average twelve-month price target is $13.3333, suggesting that the stock has a possible upside of 43.37%. The high price target for GECC is $14.00 and the low price target for GECC is $12.00. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.50 | 2.50 | 2.67 | 2.67 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $13.3333 | $13.3333 | $13.3333 | $13.3333 |
| Price Target Upside: | 43.37% upside | 35.09% upside | 33.07% upside | 33.07% upside |
Great Elm Capital (NASDAQ:GECC) Consensus Price Target History
Great Elm Capital (NASDAQ:GECC) Analyst Ratings History
Show:
(Data available from 5/23/2016 forward)
Great Elm Capital (NASDAQ:GECC) Dividend Information
Great Elm Capital pays an annual dividend of $1.00 per share, with a dividend yield of 10.75%. GECC's next monthly dividend payment will be made on Monday, October 15. Great Elm Capital pays out 65.79% of its earnings out as a dividend.
| Next Dividend: | 10/15/2018 |
| Annual Dividend: | $1.00 |
| Dividend Yield: | 10.75% |
| Payout Ratio(s): | 65.79% (Trailing 12 Months of Earnings)
86.21% (Based on This Year's Estimates)
94.34% (Based on Next Year's Estimates)
95.59% (Based on Cash Flow)
|
Great Elm Capital (NASDAQ:GECC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/10/2018 | monthly | $0.0830 | 10.51% | 9/27/2018 | 9/28/2018 | 10/15/2018 |
| 5/10/2018 | monthly | $0.0830 | 10.51% | 7/30/2018 | 7/31/2018 | 8/15/2018 |
| 5/10/2018 | monthly | $0.0830 | 10.51% | 8/30/2018 | 8/31/2018 | 9/14/2018 |
| 11/2/2017 | Monthly | $0.0830 | | 3/29/2018 | 3/30/2018 | 4/16/2018 |
| 3/13/2018 | monthly | $0.0830 | 10.23% | 4/27/2018 | 4/30/2018 | 5/15/2018 |
| 3/13/2018 | monthly | $0.0830 | 10.23% | 5/30/2018 | 5/31/2018 | 6/15/2018 |
| 3/13/2018 | monthly | $0.0830 | 10.23% | 6/28/2018 | 6/29/2018 | 7/16/2018 |
| 11/2/2017 | | $0.0830 | | 2/27/2018 | 2/28/2018 | 3/15/2018 |
| 11/2/2017 | Monthly | $0.0830 | 10.8% | 1/30/2018 | 1/31/2018 | 2/15/2018 |
| 12/27/2017 | special | $0.20 | 9.78% | 12/28/2017 | 12/29/2017 | 1/30/2018 |
| 8/15/2017 | monthly | $0.0830 | 9.25% | 12/28/2017 | 12/29/2017 | 1/16/2018 |
| 8/15/2017 | monthly | $0.0830 | 9.25% | 11/29/2017 | 11/30/2017 | 12/15/2017 |
| 8/15/2017 | monthly | $0.0830 | 9.25% | 10/30/2017 | 10/31/2017 | 11/15/2017 |
| 5/16/2017 | monthly | $0.0830 | 9.24% | 9/28/2017 | 9/29/2017 | 10/16/2017 |
| 5/16/2017 | monthly | $0.0830 | 9.24% | 7/27/2017 | 7/31/2017 | 8/15/2017 |
| 5/16/2017 | monthly | $0.0830 | 9.24% | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 4/3/2017 | monthly | $0.0830 | 8.77% | 5/26/2017 | 5/31/2017 | 6/15/2017 |
| 4/3/2017 | monthly | $0.0830 | 8.77% | 6/28/2017 | 6/30/2017 | 7/14/2017 |
| 4/3/2017 | monthly | $0.0830 | 8.77% | 4/26/2017 | 4/28/2017 | 5/15/2017 |
| 1/9/2017 | Monthly | $0.0830 | | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 12/27/2016 | Monthly | $0.0830 | | 2/24/2017 | 2/28/2017 | 3/15/2017 |
| 12/27/2016 | Monthly | $0.0830 | | 1/27/2017 | 1/31/2017 | 2/16/2017 |
(Data available from 1/1/2013 forward)
Great Elm Capital (NASDAQ GECC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.27%
Institutional Ownership Percentage: 8.05%
Great Elm Capital (NASDAQ GECC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/27/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 6,500 | $9.25 | $60,125.00 | |  |
| 4/17/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 1,500 | $9.20 | $13,800.00 | | |
| 4/11/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 8,256 | $9.19 | $75,872.64 | | |
| 4/6/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 2,706 | $9.33 | $25,246.98 | | |
| 4/3/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 1,778 | $9.29 | $16,517.62 | | |
| 3/28/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 18,606 | $9.21 | $171,361.26 | | |
| 3/23/2018 | Mast Capital Management, Llc | Major Shareholder | Sell | 7,145 | $9.11 | $65,090.95 | | |
| 11/27/2017 | Peter A Reed | Insider | Buy | 200 | $10.10 | $2,020.00 | | |
| 11/17/2017 | Peter A Reed | Insider | Buy | 3,807 | $9.85 | $37,498.95 | | |
| 11/13/2017 | Michael C Speller | Director | Buy | 5,000 | $9.40 | $47,000.00 | | |
| 11/10/2017 | Mark Kuperschmid | Director | Buy | 1,000 | $9.36 | $9,360.00 | | |
| 11/10/2017 | Michael J Sell | Insider | Buy | 1,088 | $9.43 | $10,259.84 | | |
| 11/1/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 200 | $10.13 | $2,026.00 | | |
| 10/30/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 401 | $10.19 | $4,086.19 | | |
| 10/26/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 600 | $10.23 | $6,138.00 | | |
| 10/19/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 49,156 | $10.11 | $496,967.16 | | |
| 10/16/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 50,544 | $10.12 | $511,505.28 | | |
| 10/11/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 11,892 | $10.15 | $120,703.80 | | |
| 10/9/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 29,667 | $10.32 | $306,163.44 | | |
| 10/4/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 18,605 | $10.41 | $193,678.05 | | |
| 9/29/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 82,780 | $10.47 | $866,706.60 | | |
| 9/26/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 17,223 | $10.58 | $182,219.34 | | |
| 9/21/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 59,676 | $10.65 | $635,549.40 | | |
| 9/15/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 12,761 | $10.78 | $137,563.58 | | |
| 9/8/2017 | Mast Capital Management, Llc | Major Shareholder | Sell | 600 | $10.93 | $6,558.00 | | |
(Data available from 1/1/2013 forward)
Great Elm Capital (NASDAQ GECC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Great Elm Capital (GECC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 15 at 12:00 AM |
| $5.83 Million in Sales Expected for Great Elm Capital (GECC) This Quarter
www.americanbankingnews.com - May 12 at 4:51 AM |
| Great Elm Capital (GECC) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - May 11 at 6:15 PM |
| Great Elm Capital (GECC) Announces $0.08 Monthly Dividend
www.americanbankingnews.com - May 10 at 6:37 PM |
 | Great Elm Capital's (GECC) CEO Peter Reed on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - May 10 at 6:19 PM |
| Great Elm Capital Plans Monthly Dividend of $0.08 (GECC)
www.americanbankingnews.com - May 10 at 6:01 PM |
| Great Elm Capital (GECC) Declares $0.08 Monthly Dividend
www.americanbankingnews.com - May 10 at 6:01 PM |
| Zacks: Analysts Expect Great Elm Capital (GECC) to Announce $0.31 Earnings Per Share
www.americanbankingnews.com - May 10 at 1:14 AM |
 | Great Elm Capital Corp. Announces First Quarter 2018 Financial Results; Net Investment Income of $0.36 Per Share; Board Declares Third Quarter 2018 Distribution of $0.25 Per Share ($0.083 Per Share Per Month)
finance.yahoo.com - May 9 at 5:55 PM |
| Head-To-Head Comparison: The Carlyle Group (CG) vs. Great Elm Capital (GECC)
www.americanbankingnews.com - May 9 at 5:29 PM |
| Great Elm Capital Corp. Announces Results of Its Annual Stockholders’ Meeting and Majority Approval of Modified Minimum Asset Coverage Requirements
finance.yahoo.com - May 7 at 5:51 PM |
| Great Elm Capital (GECC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 4 at 1:34 AM |
| Great Elm Capital (GECC) to Release Earnings on Wednesday
www.americanbankingnews.com - May 3 at 10:24 AM |
| Great Elm Capital Corp. Schedules First Quarter 2018 Earnings Release and Conference Call
finance.yahoo.com - May 2 at 5:49 PM |
| Mast Capital Management, Llc Sells 6,500 Shares of Great Elm Capital (GECC) Stock
www.americanbankingnews.com - April 27 at 7:26 PM |
| Great Elm Capital (GECC) Expected to Announce Quarterly Sales of $6.75 Million
www.americanbankingnews.com - April 24 at 2:42 AM |
| Analysts Expect Great Elm Capital (GECC) to Post $0.31 EPS
www.americanbankingnews.com - April 22 at 5:16 PM |
| Insider Selling: Great Elm Capital (GECC) Major Shareholder Sells 1,500 Shares of Stock
www.americanbankingnews.com - April 17 at 7:47 PM |
| Insider Selling: Great Elm Capital (GECC) Major Shareholder Sells 8,256 Shares of Stock
www.americanbankingnews.com - April 11 at 7:27 PM |
| $6.75 Million in Sales Expected for Great Elm Capital (GECC) This Quarter
www.americanbankingnews.com - April 7 at 2:30 AM |
| Mast Capital Management, Llc Sells 2,706 Shares of Great Elm Capital (GECC) Stock
www.americanbankingnews.com - April 6 at 7:33 PM |
| Analysts Anticipate Great Elm Capital (GECC) to Announce $0.31 EPS
www.americanbankingnews.com - April 5 at 5:22 PM |
| Great Elm Capital (GECC) Major Shareholder Sells $16,517.62 in Stock
www.americanbankingnews.com - April 3 at 11:04 PM |
| ValuEngine Downgrades Great Elm Capital (GECC) to Hold
www.americanbankingnews.com - April 3 at 3:36 PM |
| Great Elm Capital (GECC) Receives New Coverage from Analysts at Janney Montgomery Scott
www.americanbankingnews.com - April 1 at 8:06 PM |
| Head to Head Survey: Great Elm Capital (GECC) and Waddell & Reed Financial (WDR)
www.americanbankingnews.com - March 31 at 9:10 AM |
| Great Elm Capital (GECC) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 11:16 AM |
| Oppenheimer Weighs in on Great Elm Capital's FY2019 Earnings (GECC)
www.americanbankingnews.com - March 29 at 8:48 AM |
| Mast Capital Management, Llc Sells 18,606 Shares of Great Elm Capital (GECC) Stock
www.americanbankingnews.com - March 28 at 10:46 PM |
| Q1 2018 Earnings Estimate for Great Elm Capital (GECC) Issued By Oppenheimer
www.americanbankingnews.com - March 28 at 6:38 AM |
| Great Elm Capital (GECC) Rating Lowered to Buy at ValuEngine
www.americanbankingnews.com - March 25 at 5:54 PM |
| Great Elm Capital to Issue Monthly Dividend of $0.08 (GECC)
www.americanbankingnews.com - March 24 at 8:21 AM |
| Great Elm Capital (GECC) Major Shareholder Sells $65,090.95 in Stock
www.americanbankingnews.com - March 23 at 7:32 PM |
| Great Elm Capital (GECC) & Its Peers Head to Head Analysis
www.americanbankingnews.com - March 23 at 8:32 AM |
| $6.29 Million in Sales Expected for Great Elm Capital (GECC) This Quarter
www.americanbankingnews.com - March 21 at 3:46 AM |
| Analysts Expect Great Elm Capital Corp (GECC) to Post $0.28 EPS
www.americanbankingnews.com - March 19 at 5:12 PM |
| Great Elm Capital (GECC) vs. Moelis & Company (MC) Head to Head Survey
www.americanbankingnews.com - March 18 at 5:16 AM |
| Head-To-Head Analysis: Great Elm Capital (GECC) versus Its Peers
www.americanbankingnews.com - March 16 at 5:22 AM |
| Great Elm Capital (GECC) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - March 15 at 11:10 PM |
| Great Elm Capital Corp (GECC) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 15 at 4:00 PM |
| Great Elm Capital (GECC) Coverage Initiated by Analysts at Ladenburg Thalmann Financial Services
www.americanbankingnews.com - March 15 at 3:38 PM |
| Great Elm Capital Corp (GECC) to Issue $0.08 Monthly Dividend
www.americanbankingnews.com - March 13 at 5:14 PM |
| Great Elm Capital Corp (GECC) Declares $0.08 Monthly Dividend
www.americanbankingnews.com - March 13 at 5:14 PM |
| Great Elm Capital Corp (GECC) Announces Monthly Dividend of $0.08
www.americanbankingnews.com - March 13 at 5:14 PM |
| Great Elm Capital Corp 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - March 12 at 6:53 PM |
| Great Elm Capital Corp. to Host Earnings Call
finance.yahoo.com - March 12 at 6:53 PM |
| Great Elm Capital (GECC) Announces Earnings Results, Beats Expectations By $0.26 EPS
www.americanbankingnews.com - March 12 at 12:10 PM |
| Zacks: Great Elm Capital Corp (GECC) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - March 12 at 8:22 AM |
 | Form 8-K Great Elm Capital Corp. For: Mar 12
www.streetinsider.com - March 12 at 7:22 AM |
 | BRIEF-Great Elm Capital Announces Q4 2017 Financial Results
www.reuters.com - March 12 at 7:22 AM |
Great Elm Capital (NASDAQ:GECC) SEC Filings
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Great Elm Capital (NASDAQ:GECC) Income Statement, Balance Sheet and Cash Flow Statement
Great Elm Capital (NASDAQ GECC) Stock Chart for Wednesday, May, 23, 2018
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