Great Elm Capital (GECC) to Release Earnings on Thursday

Great Elm Capital (NASDAQ:GECC) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Great Elm Capital to post earnings of $0.37 per share and revenue of $11.46 million for the quarter.

Great Elm Capital Stock Performance

Shares of GECC stock opened at $11.20 on Thursday. The firm has a market cap of $129.29 million, a price-to-earnings ratio of 16.23 and a beta of 1.57. Great Elm Capital has a 52-week low of $9.55 and a 52-week high of $11.33. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 1.83. The company’s 50 day moving average is $10.66 and its 200 day moving average is $10.34.

Great Elm Capital Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. Great Elm Capital’s dividend payout ratio is presently 214.49%.

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.