Great Elm Capital (GECC) Projected to Post Earnings on Thursday

Great Elm Capital (NASDAQ:GECC - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect Great Elm Capital to post earnings of $0.39 per share and revenue of $12.11 million for the quarter.

Great Elm Capital (NASDAQ:GECC - Get Free Report) last released its earnings results on Monday, March 10th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.15). The business had revenue of $9.10 million during the quarter, compared to the consensus estimate of $11.46 million. Great Elm Capital had a net margin of 15.00% and a return on equity of 11.60%. During the same quarter in the prior year, the firm earned $0.55 EPS. On average, analysts expect Great Elm Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Great Elm Capital Price Performance

Shares of Great Elm Capital stock traded up $0.08 during midday trading on Friday, hitting $10.14. 10,272 shares of the company traded hands, compared to its average volume of 20,327. The stock has a market cap of $117.06 million, a price-to-earnings ratio of 14.70 and a beta of 1.18. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.11 and a current ratio of 0.11. The firm's fifty day moving average price is $10.31 and its 200-day moving average price is $10.35. Great Elm Capital has a 12 month low of $8.87 and a 12 month high of $11.39.

Great Elm Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 14.60%. The ex-dividend date was Monday, March 17th. This is a boost from Great Elm Capital's previous quarterly dividend of $0.35. Great Elm Capital's dividend payout ratio is presently 477.42%.

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.