NASDAQ:GECC - Great Elm Capital Stock Price, Forecast & News

Great Elm Capital's stock was trading at $5.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GECC shares have decreased by 51.5% and is now trading at $2.69. View which stocks have been mosted impacted by Coronavirus.

Great Elm Capital is scheduled to release its next quarterly earnings announcement on Tuesday, May 12th 2020. View our earnings forecast for Great Elm Capital.

Great Elm Capital Corp (NASDAQ:GECC) issued its earnings results on Thursday, March, 19th. The financial services provider reported $0.25 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.25. The financial services provider had revenue of $7.01 million for the quarter, compared to analyst estimates of $6.99 million. Great Elm Capital had a positive return on equity of 11.05% and a negative net margin of 27.91%. View Great Elm Capital's earnings history.

Great Elm Capital declared a monthly dividend on Tuesday, March 24th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.083 per share on Wednesday, July 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 37.03%. The ex-dividend date is Monday, June 29th. View Great Elm Capital's dividend history.

News coverage about GECC stock has trended very negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Great Elm Capital earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutGreat Elm Capital.

Great Elm Capital saw a decline in short interest in March. As of March 13th, there was short interest totaling 425,900 shares, a decline of 23.8% from the February 27th total of 559,000 shares. Based on an average trading volume of 74,800 shares, the days-to-cover ratio is currently 5.7 days. Approximately 5.6% of the shares of the company are sold short. View Great Elm Capital's Current Options Chain.

Some companies that are related to Great Elm Capital include StoneCastle Financial (BANX), Hennessy Advisors (HNNA), Puhui Wealth Investment Managemnt (PHCF), Manning and Napier (MN), U.S. Global Investors (GROW), Fifth Street Asset Management (FSAM), Wright Investors Service (WISH), BKF Capital Group (BKFG) and Medley Management (MDLY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Elm Capital investors own include Energy Transfer LP Unit (ET), Capitala Finance (CPTA), New Residential Investment (NRZ), AGNC Investment (AGNC), Oxford Lane Capital (OXLC), Prospect Capital (PSEC), Arlington Asset Investment (AI), ANNALY CAP MGMT/SH (NLY), NGL Energy Partners (NGL) and Orchid Island Capital (ORC).

Great Elm Capital trades on the NASDAQ under the ticker symbol "GECC."

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, Robinhood, Fidelity, and Charles Schwab.

One share of GECC stock can currently be purchased for approximately $2.69.

Great Elm Capital has a market capitalization of $27.07 million and generates $27.04 million in revenue each year. The financial services provider earns $-7,550,000.00 in net income (profit) each year or $1.07 on an earnings per share basis.  View additional information about Great Elm Capital.

The official website for Great Elm Capital is http://www.greatelmcc.com/.

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]