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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Elm Capital in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GECC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GECC, but not buy additional shares or sell existing shares.
View GECC analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year target prices for Great Elm Capital's shares. Their GECC share price forecasts range from $12.00 to $12.00. On average, they anticipate the company's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price.
View analysts price targets for GECC or view top-rated stocks among Wall Street analysts.

Great Elm Capital's stock was trading at $8.29 at the beginning of the year. Since then, GECC stock has decreased by 3.6% and is now trading at $7.99.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our GECC earnings forecast.

Great Elm Capital Corp. (NASDAQ:GECC) announced its quarterly earnings results on Thursday, March, 2nd. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.06. The financial services provider earned $7.33 million during the quarter, compared to analyst estimates of $6.39 million. Great Elm Capital had a negative net margin of 8.48% and a positive trailing twelve-month return on equity of 8.03%.

Great Elm Capital announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.35 per share on Friday, June 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 17.52%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for GECC.

Great Elm Capital (NASDAQ:GECC) pays an annual dividend of $1.40 per share and currently has a dividend yield of 17.52%. GECC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GECC.

Great Elm Capital's stock reverse split before market open on 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 market closes 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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Elm Capital investors own include Energy Transfer (ET), Oxford Lane Capital (OXLC), Capitala Finance (CPTA), Prospect Capital (PSEC), Cornerstone Strategic Value Fund (CLM), AGNC Investment (AGNC), Cherry Hill Mortgage Investment (CHMI), Cornerstone Total Return Fund (CRF), New Residential Investment (NRZ) and AT&T (t).

Great Elm Capital trades on the NASDAQ under the ticker symbol "GECC."

Great Elm Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (8.10%), Alden Global Capital LLC (3.17%) and Acadian Asset Management LLC (0.26%). Insiders that own company stock include Mark Kuperschmid, Matthew A Drapkin and Matthew D Kaplan.
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Shares of GECC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GECC stock can currently be purchased for approximately $7.99.

Great Elm Capital (NASDAQ:GECC) has a market capitalization of $36.75 million and generates $24.43 million in revenue each year. The financial services provider earns $-15,580,000.00 in net income (profit) each year or ($0.58) on an earnings per share basis.

Great Elm Capital's mailing address is 800 SOUTH STREET SUITE 230, WALTHAM MA, 02453. The official website for the company is www.greatelmcc.com. The financial services provider can be reached via phone at (617) 375-3006 or via email at investorrelations@greatelmcap.com.