Analysts predict that Great Elm Capital Corp. (NASDAQ:GECC) will post earnings per share (EPS) of $0.29 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Great Elm Capital’s earnings, with estimates ranging from $0.27 to $0.30. The business is expected to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Great Elm Capital will report full year earnings of $1.22 per share for the current fiscal year, with EPS estimates ranging from $1.20 to $1.23. For the next fiscal year, analysts anticipate that the business will report earnings of $1.24 per share, with EPS estimates ranging from $1.14 to $1.33. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Great Elm Capital.

Several analysts have commented on the company. ValuEngine lowered Great Elm Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research raised Great Elm Capital from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Friday, November 10th. Finally, Janney Montgomery Scott assumed coverage on Great Elm Capital in a report on Monday, November 6th. They issued a “neutral” rating and a $12.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Great Elm Capital presently has an average rating of “Buy” and a consensus target price of $12.50.

Shares of Great Elm Capital (NASDAQ GECC) traded down $0.04 on Tuesday, reaching $9.11. The company’s stock had a trading volume of 13,700 shares, compared to its average volume of 13,456. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.49. Great Elm Capital has a one year low of $8.76 and a one year high of $11.67.

The firm also recently disclosed a special dividend, which was paid on Tuesday, January 30th. Shareholders of record on Friday, December 29th were issued a $0.20 dividend. This represents a yield of 9.78%. The ex-dividend date of this dividend was Thursday, December 28th.

In other news, insider Peter A. Reed purchased 3,807 shares of the stock in a transaction dated Friday, November 17th. The shares were purchased at an average cost of $9.85 per share, with a total value of $37,498.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

An institutional investor recently bought a new position in Great Elm Capital stock. Quantum Capital Management purchased a new position in Great Elm Capital Corp. (NASDAQ:GECC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 49,056 shares of the financial services provider’s stock, valued at approximately $512,000. Quantum Capital Management owned about 0.46% of Great Elm Capital at the end of the most recent reporting period. Hedge funds and other institutional investors own 21.49% of the company’s stock.

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