Great Elm Capital Q4 net investment income rises

Great Elm Capital

02/03/2026 22:57

Overview

Business development company's Q4 net investment income grew over 50% quarter-over-quarter

Company repurchased $18.7 mln of GECCO notes due June 2026

Outlook

Company waives all accrued incentive fees through Q1 2026

Company declares $0.30 per share dividend for Q1 2026

Result Drivers

NET INVESTMENT INCOME - Q4 net investment income rose over 50% quarter-over-quarter, driven by increased cash income from investments

INCENTIVE FEE WAIVER - Waived $2.3 mln in accrued incentive fees

Company press release: ID:nGNX9VlF2Y

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$1.57
Q4 Net Asset Value Per Share
$8.07


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the closed end funds peer group is "hold"

Wall Street's median 12-month price target for Great Elm Capital Corp is $8.75, about 40.4% above its March 2 closing price of $6.23

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)