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

Great Elm Capital (NASDAQ:GECC) will be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Great Elm Capital to post earnings of $0.41 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Great Elm Capital (NASDAQ:GECC) last posted its quarterly earnings data on Thursday, February 29th. The financial services provider reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $9.16 million for the quarter, compared to analyst estimates of $8.95 million. Great Elm Capital had a return on equity of 13.21% and a net margin of 70.71%. 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 Price Performance

Shares of Great Elm Capital stock traded up $0.12 during midday trading on Wednesday, reaching $10.27. The company had a trading volume of 914 shares, compared to its average volume of 16,986. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $97.05 million, a price-to-earnings ratio of 3.09 and a beta of 1.53. The stock has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $10.39. Great Elm Capital has a 1-year low of $7.51 and a 1-year high of $11.82.

Great Elm Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.63%. The ex-dividend date of this dividend was Friday, March 15th. Great Elm Capital’s dividend payout ratio is currently 42.17%.

Great Elm Capital Company Profile

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.