Great Elm Capital

Great Elm Capital Corp. is an externally managed non-diversified closed-end management investment company. Its objective is to generate risk-adjusted returns through both current income and capital appreciation. The fund invests primarily in the debt of private middle-market companies with enterprise values typically between $100 million and $2 billion and a focus on special situations and catalyst-driven opportunities. The company was founded on April 25, 2016 and is headquartered in Waltham, MA.

Earnings data Q1 2021

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Earnings data Q1 2024

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Great Elm Capital (GECC) reports strong Q1 performance and strategic growth outlook

GECC's Q1 2024 performance reflects a robust financial position, income generation capabilities, and strategic diversification initiatives.
While facing challenges related to illiquid investments and deal originations, GECC remains focused on prudent investment decisions and growth opportunities.
The company's emphasis on credit quality, income generation, and strategic investments positions it well to navigate market challenges and capitalize on emerging opportunities.

Great Elm Capital Corp reports mixed Q2 performance and growth opportunities

Great Elm Capital Corp's Q2 2024 performance reflects a mix of successes and challenges in its financial operations.
The company's strategic strengths lie in its focus on high-return investments and prudent financial management.
While facing operational and debt-related challenges, GECC has opportunities to optimize its capital structure and drive growth.
Investors can benefit from the company's commitment to shareholder returns and potential for enhanced profitability.

Great Elm Capital (GECC) reports record Q3 performance and strategic growth initiatives

Great Elm Capital (GECC) delivered exceptional performance in Q3 2024, achieving record investment income and strengthening its portfolio composition.
Despite facing potential challenges in sustaining high performance, GECC's strategic initiatives and financial flexibility position it well for future growth.
By capitalizing on opportunities for further issuances and optimizing its capital structure, GECC can continue to drive value for investors and enhance portfolio returns.

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Great Elm Capital (GECC) delivered earnings and revenue surprises of -12.50% and 11.32%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Elm Capital (GECC) Misses Q3 Earnings Estimates

Company to Host Quarterly Conference Call at 11:00 AM ET Today Company to Host Quarterly Conference Call at 11:00 AM ET Today

Great Elm Capital Corp. Announces Third Quarter 2021 Financial Results

Conference Call Scheduled for Friday, November 5, 2021 at 11:00 a.m. ET Conference Call Scheduled for Friday, November 5, 2021 at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Third Quarter 2021 Earnings Release and Conference Call

Great Elm Capital (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.

Analysts Estimate Great Elm Capital (GECC) to Report a Decline in Earnings: What to Look Out for

WALTHAM, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that it has acquired a majority equity interest in Lenders Funding, LLC (“Lenders Funding”) a private funding and risk sharing source for factors and asset-based lenders.

Great Elm Capital Corp. Announces Acquisition of Majority Interest in Lenders Funding, LLC

WALTHAM, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its third quarter 2021 distribution of $0.10 per share in cash is payable on September 30, 2021 to stockholders of record as of September 15, 2021.

Great Elm Capital Corp. Announces Record and Payment Dates For Third Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

Great Elm Capital (GECC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Great Elm Capital (GECC) Upgraded to Buy: What Does It Mean for the Stock?

Great Elm Capital Corporation (GECC) CEO Peter Reed on Q2 2021 Results - Earnings Call Transcript

Great Elm Capital (GECC) delivered earnings and revenue surprises of 12.50% and -0.11%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Elm Capital (GECC) Beats Q2 Earnings Estimates

Shares of Great Elm Capital (NASDAQ:GECC) rose 3.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 0.00% over the past year to $0.09, which beat the estimate of $0.07.

Recap: Great Elm Capital Q2 Earnings

Great Elm Capital Corp. Announces Second Quarter 2021 Financial Results

Earnings Preview: Great Elm Capital (GECC) Q2 Earnings Expected to Decline

Conference Call Scheduled for Tuesday, August 3, 2021 at 11:00 a.m. ET Conference Call Scheduled for Tuesday, August 3, 2021 at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules Second Quarter 2021 Earnings Release and Conference Call

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As June 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4% to 9.375%.

New Preferred Stock IPOs, June 2021

WALTHAM, Mass., June 23, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today that it has caused notices to be issued to the holders of its 6.50% Notes due 2022 (CUSIP No. 390320 307; NASDAQ: GECCL) (the “Notes”) regarding the Company's exercise of its option to redeem, in whole, the issued and outstanding Notes, pursuant to Section 1104 of the Indenture, dated as of September 18, 2017, by and between the Company and American Stock Transfer & Trust Company, LLC, as trustee (the “Trustee”), and Section 1.01(h) of the First Supplemental Indenture, dated as of September 18, 2017, by and between the Company and the Trustee. The Company will redeem all of the issued and outstanding Notes on July 23, 2021 (the “Redemption Date”). The Notes will be redeemed at 100% of their principal amount, plus accrued and unpaid interest thereon from April 30, 2021, through, but excluding, the Redemption Date. Questions relating to the notice of redemption should be directed to American Stock Transfer & Trust Company, LLC via telephone at 1 (800) 937–5449.

Great Elm Capital Corp. Announces Conditional Redemption of 6.50% Notes due 2022

WALTHAM, Mass., June 17, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (the “Company” or “GECC”) (NASDAQ: GECC) announced today the pricing of its underwritten public offering of $50,000,000 aggregate principal amount of its 5.875% notes due 2026 (the “Notes”), which will result in net proceeds to the Company of approximately $47,894,500 after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company.

Great Elm Capital Corp. Prices Public Offering of $50,000,000 of 5.875% Notes Due 2026

WALTHAM, Mass., May 21, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its second quarter 2021 distribution of $0.10 per share in cash is payable on June 30, 2021 to stockholders of record as of June 15, 2021.

Great Elm Capital Corp. Announces Record and Payment Dates for Second Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

Great Elm Capital Corporation (GECC) CEO Peter Reed on Q1 2021 Results - Earnings Call Transcript

Great Elm Capital Corp. Announces First Quarter 2021 Financial Results Highlighted By 12.4% Increase in Nav Per Share

Conference Call Scheduled for Friday, May 7, 2021 at 11:00 a.m. ET Conference Call Scheduled for Friday, May 7, 2021 at 11:00 a.m. ET

Great Elm Capital Corp. (“GECC”) Schedules First Quarter 2021 Earnings Release and Conference Call

Shares of Great Elm Capital (NASDAQ:GECC) moved higher by 0.8% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 72.00% over the past year to $0.07, which missed the estimate of $0.11.

Recap: Great Elm Capital Q4 Earnings

WALTHAM, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC”), (NASDAQ: GECC), a business development company (BDC), today announced it will release its financial results for the fourth quarter and year ended December 31, 2020 prior to the opening of the stock market on Tuesday, March 16, 2021.

Great Elm Capital Corp. (“GECC”) Schedules Fourth Quarter and Year End 2020 Earnings Release and Conference Call

WALTHAM, 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.

Great Elm Capital Corp. Announces Record and Payment Dates For First Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share

Dividend yield expected to be around 10% after recent dividend cut. Repositioning portfolio from distressed debt to equity investments and specialty finance business.

Great Elm Capital: Repositioning Into Specialty Finance Business

News for Great Elm Capital ETF (GECC)