Great Elm Capital Downgraded to Neutral by Lucid Capital Markets
Downgrade Announcement: Great Elm Capital (GECC) was downgraded from Buy to Neutral by Lucid Capital Markets due to premium valuation and revised credit outlook, with shares dropping 3.26% to $10.40.
Analysts' Insights: Analysts noted concerns over credit quality and a premium valuation, suggesting that while the company's long-term prospects are positive, near-term price outperformance is limited.
Valuation Metrics: The stock is currently trading at a price-to-net asset value (P/NAV) of 89%, which is above the peer median of 83%, indicating that shares are fairly valued.
Market Ratings: The downgrade aligns with an average Hold rating from Seeking Alpha authors, while Wall Street analysts maintain a Buy rating, and the SA Quant Rating system classifies the stock as a Strong Buy.
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Janney Montgomery Scott Keeps Neutral Rating on Great Elm Capital, Reduces Price Target to $10
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Great Elm Capital Corp. (GECC) Announces Date for Third Quarter 2025 Earnings Release and Conference Call
Financial Results Announcement: Great Elm Capital Corp. will release its third-quarter financial results for the period ending September 30, 2025, on November 4, 2025, after market close.
Conference Call Details: A conference call to discuss the financial results is scheduled for November 5, 2025, at 8:30 a.m. ET, with dial-in numbers provided for both U.S. and international participants.
Accessing the Call: Participants are encouraged to join the call five minutes early and use the passcode "GECC." A slide presentation will be available on the company's website after the earnings release.
Company Overview: Great Elm Capital Corp. is a business development company focused on generating income and capital appreciation through investments in debt and equity securities, particularly in specialty finance and CLOs.
