Great Elm Capital Corp. - 8.125
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $347.9M
- Price
- $25.05
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.59%
- Volume
- 483
About
Great Elm Capital Corp. operates as a business development company (BDC), focusing its investment activities on middle-market firms. The company's expertise lies in providing capital through various loan and mezzanine debt instruments. It primarily channels funds into the debt securities of these mid-sized businesses. Great Elm Capital Corp. exhibits a strong preference for companies within the media, commercial services and supplies, healthcare, telecommunication services, and communications equipment sectors. For its equity participation, the firm typically commits between $3 million and $10 million, targeting enterprises that generate annual revenues ranging from $3 million to $75 million.
Quick stats
Shares outstanding13.9M
Computed float5.8M
Float / shares41.7%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001675033
Websitehttps://www.greatelmcc.com
AI Summary
AI-generated1/17
standardmixedearnings
Great Elm Capital Corp. Announces Second Quarter 2026 Financial Results
Great Elm Capital reported Q2 net investment income of $0.32 per share, down from $0.36 in the prior quarter, while NAV grew 3% quarter-over-quarter to $7.95 per share.
The board declared a dividend of $0.25 per share for Q3, a reduction from the prior $0.30, though NII fully covered the distribution and the investment adviser waived an additional $0.9 million in incentive fees.
Management strengthened the balance sheet by retiring $18.6 million of GECCO notes and extending its revolver maturity to 2029, while repurchasing 0.1 million shares at a 37% discount to NAV.
Red flags
- Quarterly dividend reduced from $0.30 to $0.25 per share.
- Net investment income per share decreased quarter-over-quarter from $0.36 to $0.32.