Great Elm Capital (GECC) Stock Price, News & Analysis

Company Overview

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. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.

Key Stats

• Today's Range: $10.08 to $10.16
• 50-Day Range: $9.68 to $10.33
• 52-Week Range: $9.55 to $11.82
• Volume: 5,896 shs
• Average Volume: 17,568 shs
• Market Capitalization: $105.65 million
• P/E Ratio: 14.65
• Dividend Yield: 13.85%
• Price Target: N/A
• Consensus Rating: N/A

Great Elm Capital Stock Analysis - MarketRank™

Great Elm Capital scored higher than 64% of companies evaluated by MarketBeat, and ranked 475th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Great Elm Capital.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -1.40%

Earnings Growth

Earnings for Great Elm Capital are expected to decrease by -1.40% in the coming year, from $1.43 to $1.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Great Elm Capital is 14.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Great Elm Capital is 14.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.72.

Price to Book Value per Share Ratio

Great Elm Capital has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.31% of the float of Great Elm Capital has been sold short.

Short Interest Ratio / Days to Cover

Great Elm Capital has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Great Elm Capital has recently increased by 48.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Great Elm Capital is a leading dividend payer. It pays a dividend yield of 13.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Great Elm Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Great Elm Capital is 202.90%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Great Elm Capital will have a dividend payout ratio of 99.29% in the coming year. This indicates that Great Elm Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.31% of the float of Great Elm Capital has been sold short.

Short Interest Ratio / Days to Cover

Great Elm Capital has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Great Elm Capital has recently increased by 48.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Great Elm Capital has a news sentiment score of 1.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Great Elm Capital this week, compared to 1 article on an average week.

Search Interest

19 people have searched for GECC on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Great Elm Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $95,232.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

10.20% of the stock of Great Elm Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.75% of the stock of Great Elm Capital is held by institutions.

GECC Stock Analysis - Frequently Asked Questions

How have GECC shares performed this year?

Great Elm Capital's stock was trading at $10.65 at the start of the year. Since then, GECC stock has decreased by 5.1% and is now trading at $10.11.
View the best growth stocks for 2024 here.

How were Great Elm Capital's earnings last quarter?

Great Elm Capital Corp. (NASDAQ:GECC) released its earnings results on Thursday, August, 1st. The financial services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.33 by $0.01. The financial services provider had revenue of $9.55 million for the quarter, compared to analyst estimates of $9.77 million. Great Elm Capital had a trailing twelve-month return on equity of 11.60% and a net margin of 15.00%.

When did Great Elm Capital's stock split?

Shares of Great Elm Capital reverse split on the morning of Monday, February 28th 2022. The 1-6 reverse split was announced on Thursday, January 27th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 28th 2022. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Who are Great Elm Capital's major shareholders?

Great Elm Capital's top institutional investors include Crestwood Advisors Group LLC (0.13%). Insiders that own company stock include Great Elm Group, Inc, Matthew A Drapkin, Matthew D Kaplan, Mark Kuperschmid and Richard M Cohen.
View institutional ownership trends.

How do I buy shares of Great Elm Capital?

Shares of GECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Great Elm Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Great Elm Capital investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), General Electric (GE), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/01/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 11/21/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:GECC
• CUSIP: N/A
• CIK: 1675033
• Web: www.greatelmcc.com
• Phone: (617) 375-3006
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.69
• Trailing P/E Ratio: 14.71
• Forward P/E Ratio: 7.10
• P/E Growth: N/A
• Net Income: $25.33 million
• Net Margins: 15.00%
• Pretax Margin: 15.73%
• Return on Equity: 11.60%
• Return on Assets: 4.25%

Debt

• Debt-to-Equity Ratio: 1.83
• Current Ratio: 0.11
• Quick Ratio: 0.11

Sales & Book Value

• Annual Sales: $35.83 million
• Price / Sales: 2.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $12.04 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 10,450,000
• Free Float: 9,384,000
• Market Cap: $106.07 million
• Optionable: Not Optionable
• Beta: 1.60