Great Elm Capital (GECC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.4 per share a year ago.
Great Elm Capital Corporation (GECC) Q4 2025 Earnings Call Transcript
Great Elm Capital (GECC) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.2 per share a year ago.
Great Elm Capital (GECC) came out with quarterly earnings of $0.2 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.39 per share a year ago.
Great Elm Capital is upgraded to a buy, driven by a deep 33% discount to NAV and an 18.8% dividend yield. GECC's portfolio remains diversified, with 47% in first lien loans and 73% floating rate assets, benefiting from higher interest rates. The recent share price decline is seen as overdone, with non-accruals at ~3% and limited impact from portfolio bankruptcies like First Brands.
Great Elm Capital (GECC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Great Elm Capital (GECC) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.32 per share a year ago.
Great Elm Capital offers a high 14.5% dividend yield and strong Q1 earnings, but persistent NAV declines and inconsistent distributions remain concerns. The portfolio's heavy CLO exposure and below investment grade credit risk make GECC vulnerable in a high interest rate environment. Despite no current non-accruals and diversified holdings, increased leverage and declining cash position raise caution for future stability.
Great Elm Capital (GECC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Great Elm Capital (GECC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.37 per share a year ago.
Great Elm Capital Corporation (NASDAQ:GECC ) Q4 2024 Results Conference Call March 11, 2025 8:30 AM ET Company Participants Matt Kaplan - Chief Executive Officer Keri Davis - Chief Financial Officer Mike Keller - President, Great Elm Specialty Finance Conference Call Participants Mickey Schleien - Ladenburg Thalmann Erik Zwick - Lucid Capital Markets Operator Greetings, and welcome to the Great Elm Capital Corporation Fourth Quarter 2024 Financial Results Call. [Operator Instructions] As a reminder, this conference is being recorded.
Great Elm Capital Corporation has shown significant improvements in net investment income, liquidity, and capital deployment, doubling the previous year's amount. Despite these positive developments, GECC's smaller size and predominantly floating rate portfolio pose risks, especially with declining interest rates. GECC's dividend coverage has strengthened, with a current coverage ratio of 111%, making the 13% yield likely safe in the near term.