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

Great Elm Capital (NASDAQ:GECC) is expected 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 Up 0.1 %

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

Great Elm Capital Cuts Dividend

The firm also recently disclosed 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 (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.