NASDAQ:GECC - Great Elm Capital Stock Price, Price Target & More

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

Great Elm Capital announced a monthly dividend on Thursday, May 10th. Investors of record on Friday, September 28th will be paid a dividend of $0.083 per share on Monday, October 15th. This represents a $1.00 annualized dividend and a dividend yield of 10.71%. The ex-dividend date of this dividend is Thursday, September 27th. View Great Elm Capital's Dividend History.

Great Elm Capital announced that its board has approved a share repurchase program on Wednesday, March 29th 2017, which allows the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 10.2% of its stock through a tender offer. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Great Elm Capital Corp (NASDAQ:GECC) issued its quarterly earnings results on Wednesday, May, 9th. The financial services provider reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.03. The financial services provider earned $7.50 million during the quarter, compared to analysts' expectations 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.

2 Wall Street analysts have issued 12 month price objectives for Great Elm Capital's shares. Their predictions range from $12.00 to $12.00. On average, they expect Great Elm Capital's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price. View Analyst Ratings for Great Elm Capital.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Elm Capital in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Great Elm Capital include Fidus Investment (FDUS), Monroe Capital (MRCC), Silvercrest Asset Management Group (SAMG), Value Line (VALU), Saratoga Investment (SAR), STONECASTLE Fin/COM (BANX), Gp Zgp (ZAIS), Hennessy Advisors (HNNA), ALCENTRA Cap Co/SH (ABDC), Fifth Street Asset Management (FSAM), Manning and Napier (MN), U.S. Global Investors (GROW), Medley Management (MDLY), Wright Investors Service (WISH) and BKF Capital Group (BKFG).

News stories about GECC stock have been trending somewhat positive on Tuesday, according to Accern. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Great Elm Capital earned a coverage optimism score of 0.12 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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.

One share of GECC stock can currently be purchased for approximately $9.30.

Great Elm Capital has a market capitalization of $99.28 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.

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]