Great Elm Capital raises dividend by 5.7% to 0.37, a special dividend of $0.05
Seeking Alpha News (Tue, 17-Dec 8:31 AM ET)
Globe Newswire (Mon, 16-Dec 4:16 PM ET)
Great Elm Capital Corp. ("GECC") Raises $13.2 Million of Equity at Net Asset Value
Globe Newswire (Thu, 12-Dec 8:30 AM ET)
Great Elm Capital Corp. Announces Third Quarter 2024 Financial Results
Globe Newswire (Thu, 31-Oct 6:00 AM ET)
Great Elm Capital Corp. ("GECC") Schedules Third Quarter 2024 Earnings Release and Conference Call
Globe Newswire (Wed, 30-Oct 4:15 PM ET)
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. The company seeks to generate current income and capital appreciation through debt and equity investments, including investments in specialty finance businesses. It invests in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. The company generates revenue from interest on the debt investments that it holds.
Great Elm Capital Corp. - Closed End trades on the NASDAQ stock market under the symbol GECC.
As of December 20, 2024, GECC stock price climbed to $10.40 with 13,320 million shares trading.
GECC has a beta of -0.05, meaning it tends to be less sensitive to market movements. GECC has a correlation of 0.00 to the broad based SPY ETF.
GECC has a market cap of $120.00 million. This is considered a Micro Cap stock.
Last quarter Great Elm Capital Corp. - Closed End reported $12 million in Revenue and $.39 earnings per share. This beat revenue expectation by $817,000 and exceeded earnings estimates by $.03.
In the last 3 years, GECC traded as high as $19.51 and as low as $7.51.
GECC has underperformed the market in the last year with a return of +10.4%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GECC shares. However, GECC has outperformed the market in the last 3 month and 2 week periods, returning +6.5% and +4.5%, while SPY returned +4.4% and -2.4%, respectively. This indicates GECC has been having a stronger performance recently.
GECC support price is $10.09 and resistance is $10.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GECC shares will trade within this expected range on the day.