Great Elm Cap C (GECC) Scheduled to Post Quarterly Earnings on Monday

Great Elm Cap C (NASDAQ:GECC) will announce its earnings results after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Great Elm Cap C (NASDAQ:GECC) last announced its earnings results on Monday, August 14th. The financial services provider reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.09. The business had revenue of $6.24 million for the quarter, compared to the consensus estimate of $5.20 million. On average, analysts expect Great Elm Cap C to post $1.12 EPS for the current fiscal year and $1.05 EPS for the next fiscal year.

Shares of Great Elm Cap C (GECC) remained flat at $10.00 during midday trading on Tuesday. 82 shares of the company traded hands. Great Elm Cap C has a 12 month low of $9.98 and a 12 month high of $11.82. The company has a 50 day moving average of $10.43 and a 200-day moving average of $10.67.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a dividend of $0.083 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.00 annualized dividend and a dividend yield of 9.96%.

In other Great Elm Cap C news, major shareholder Mast Capital Management, Llc sold 59,676 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $10.65, for a total transaction of $635,549.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders have sold 333,504 shares of company stock valued at $3,463,753.

Separately, Zacks Investment Research lowered shares of Great Elm Cap C from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

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