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

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

Great Elm Capital Stock Down 0.3 %

Shares of NASDAQ GECC opened at $11.27 on Tuesday. Great Elm Capital has a 12-month low of $9.55 and a 12-month high of $11.39. The firm’s 50-day simple moving average is $10.72 and its 200 day simple moving average is $10.38. 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 has a market cap of $130.10 million, a price-to-earnings ratio of 16.33 and a beta of 1.57.

Great Elm Capital Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. Great Elm Capital’s dividend payout ratio (DPR) is currently 214.49%.

About Great Elm Capital

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.