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Great Elm Capital (NASDAQ:GECC) Announces Earnings Results, Misses Expectations By $0.17 EPS

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Great Elm Capital (NASDAQ:GECC - Get Free Report) issued its earnings results on Monday. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.17), Zacks reports. Great Elm Capital had a return on equity of 11.60% and a net margin of 15.00%.

Great Elm Capital Trading Down 2.3 %

GECC traded down $0.25 during trading on Monday, reaching $10.53. 39,479 shares of the company's stock were exchanged, compared to its average volume of 17,266. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 1.83. Great Elm Capital has a one year low of $9.55 and a one year high of $11.39. The firm has a fifty day moving average price of $10.78 and a two-hundred day moving average price of $10.41. The stock has a market capitalization of $121.56 million, a PE ratio of 15.26 and a beta of 1.52.

Great Elm Capital Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.05 dividend. The ex-dividend date was Tuesday, December 31st. Great Elm Capital's dividend payout ratio (DPR) is presently 214.49%.

Great Elm Capital Company Profile

(Get Free Report)

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.

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Earnings History for Great Elm Capital (NASDAQ:GECC)

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