Great Elm Capital Corporation (GECC): Price and Financial Metrics
GECC Stock Summary
- With a market capitalization of $84,165,529, Great Elm Capital Corp has a greater market value than just 14.33% of US stocks.
- The ratio of debt to operating expenses for Great Elm Capital Corp is higher than it is for about 98.28% of US stocks.
- Great Elm Capital Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 13.19%, greater than the shareholder yield of 86.96% of stocks in our set.
- If you're looking for stocks that are quantitatively similar to Great Elm Capital Corp, a group of peers worth examining would be CPTA, PSEC, HRZN, OCSI, and GLAD.
- GECC's SEC filings can be seen here. And to visit Great Elm Capital Corp's official web site, go to www.greatelmcc.com.
GECC Stock Price Chart Interactive Chart >
GECC Price/Volume Stats
| Current price | $3.83 | 52-week high | $6.08 |
| Prev. close | $3.49 | 52-week low | $2.25 |
| Day low | $3.51 | Volume | 718,400 |
| Day high | $3.83 | Avg. volume | 291,191 |
| 50-day MA | $3.38 | Dividend yield | 26.11% |
| 200-day MA | $3.73 | Market Cap | 84.16M |
Great Elm Capital Corporation (GECC) Company Bio
Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. 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.
GECC Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $3.83 | $16.15 | 322% |
We started the process of determining a valid price forecast for Great Elm Capital Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Great Elm Capital Corp ranked in the 80th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Great Elm Capital Corp ended up being:
- As a business, GECC is generating more cash flow than merely 13.35% of positive cash flow stocks in the Financial Services.
- 26% of the company's capital comes from equity, which is greater than only 5.95% of stocks in our cash flow based forecasting set.
- Great Elm Capital Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.59. This coverage rate is greater than that of only 18.26% of stocks we're observing for the purpose of forecasting via discounted cash flows.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 313% |
| 1% | 318% |
| 2% | 322% |
| 3% | 326% |
| 4% | 330% |
| 5% | 334% |
FSK, SLF, ADS, RE, and CBOE can be thought of as valuation peers to GECC, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Latest GECC News From Around the Web
Below are the latest news stories about Great Elm Capital Corp that investors may wish to consider to help them evaluate GECC as an investment opportunity.
Great Elm Capital Corp. Announces Record and Payment Dates For First Quarter 2021 Quarterly Cash Distribution of $0.10 Per ShareWALTHAM, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company (BDC), today announced that the previously announced first quarter 2021 quarterly cash distribution of $0.10 per share is payable on March 31, 2021 to stockholders of record as of March 15, 2021. About Great Elm Capital Corp. Great Elm Capital Corp. is an externally managed, specialty finance company focused on investing in debt instruments of middle market companies. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. GECC seeks to generate attractive, risk-adjusted returns through both current income and capital appreciation. Cautionary Statement Regarding Forward-Lookin... |
Where Do Hedge Funds Stand On Great Elm Capital Corp. (GECC)?Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] |
Great Elm Capital Group, Inc. Reports First Fiscal Quarter 2021 Financial Results - Stocks News FeedDME fiscal Q1 revenue grew 10.4% year-over-year and 5.0% sequentially highlighting the business’ ability to grow despite the negative impact from COVID-19 on new equipment rental set-ups DME fiscal Q1 net loss of $0.5 million improved from a net loss of $0.8 million year-over-year while adjusted EBITDA of $2.8 million decreased from $3.0 million primarily… Read More »Great Elm Capital Group, Inc. Reports First Fiscal Quarter 2021 Financial Results |
Earnings Preview: Great Elm (GECC) Q3 Earnings Expected to DeclineGreat Elm (GECC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2020 Earnings Release and Conference CallConference Call Scheduled for Monday, November 9, 2020 at 11:00 a.m. ETWALTHAM, Mass., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” “GECC,” or “Great Elm BDC”), (NASDAQ: GECC), a business development company (BDC), today announced it will release its financial results for the third quarter ended September 30, 2020 prior to the opening of the stock market on Monday, November 9, 2020. GECC will discuss these results in a conference call that morning (Monday, November 9, 2020) at 11:00 a.m. ET.Conference Call Details Date/Time: Monday, November 9, 2020 – 11:00 a.m. ET Participant Dial-In Numbers: (United States):844-820-8297 (International):661-378-9758 To access the call, please dial-in approximately five minutes before the start time and, w... |
GECC Price Returns
| 1-mo | 23.15% |
| 3-mo | -1.87% |
| 6-mo | 13.41% |
| 1-year | -12.77% |
| 3-year | -30.96% |
| 5-year | N/A |
| YTD | 6.39% |
| 2020 | -41.03% |
| 2019 | 12.30% |
| 2018 | -7.47% |
| 2017 | -5.54% |
| 2016 | N/A |
GECC Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching GECC
Here are a few links from around the web to help you further your research on Great Elm Capital Corp's stock as an investment opportunity:Great Elm Capital Corp (GECC) Stock Price | Nasdaq
Great Elm Capital Corp (GECC) Stock Quote, History and News - Yahoo Finance
Great Elm Capital Corp (GECC) Stock Price and Basic Information | MarketWatch
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