Brokerages assume that Excellent Elm Funds Corp. (NASDAQ:GECC – Get Rating) will article $.60 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Great Elm Capital’s earnings. Fantastic Elm Money described earnings of $.54 per share during the very same quarter last yr, which suggests a favourable year-more than-12 months growth price of 11.1%. The organization is scheduled to concern its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts count on that Fantastic Elm Cash will report complete yr earnings of $2.04 per share for the present-day fiscal year, with EPS estimates ranging from $1.67 to $2.40. For the future fiscal year, analysts forecast that the business enterprise will publish earnings of $1.54 for each share. Zacks’ earnings for every share averages are a mean normal centered on a survey of promote-aspect research corporations that that present coverage for Fantastic Elm Money.
GECC has been the topic of several new analyst reports. Zacks Expense Investigation lifted shares of Fantastic Elm Funds from a “hold” ranking to a “buy” ranking and established a $14.00 cost aim for the organization in a analysis be aware on Thursday, Might 26th. TheStreet decreased shares of Great Elm Money from a “c-” ranking to a “d” score in a investigate observe on Wednesday, April 6th.
NASDAQ GECC remained flat at $$12.49 on Tuesday. 67,826 shares of the company’s inventory traded palms, in comparison to its average quantity of 22,956. The corporation has a brief ratio of .15, a current ratio of .15 and a personal debt-to-fairness ratio of 2.05. The business enterprise has a 50-day moving average price tag of $13.84 and a two-hundred working day going regular cost of $16.50. Terrific Elm Funds has a 52 week reduced of $12.28 and a 52 7 days higher of $23.10.
The firm also just lately introduced a quarterly dividend, which will be compensated on Thursday, June 30th. Stockholders of report on Thursday, June 23rd will be provided a dividend of $.45 for each share. The ex-dividend day is Wednesday, June 22nd. This signifies a $1.80 annualized dividend and a dividend generate of 14.41%.
In other Wonderful Elm Capital information, Director Matthew A. Drapkin bought 7,336 shares of the firm’s inventory in a transaction dated Wednesday, May well 25th. The inventory was acquired at an typical price of $12.41 for every share, for a complete transaction of $91,039.76. Following the completion of the transaction, the director now owns 136,399 shares in the business, valued at $1,692,711.59. The acquisition was disclosed in a document filed with the SEC, which is accessible via this connection. 1.90% of the inventory is at this time owned by organization insiders.
Various hedge funds have not too long ago added to or minimized their stakes in the stock. Royal Lender of Canada bought a new stake in shares of Wonderful Elm Funds in the to start with quarter valued at about $31,000. Citadel Advisors LLC bought a new stake in shares of Excellent Elm Cash in the fourth quarter valued at about $33,000. Virtu Fiscal LLC purchased a new stake in shares of Wonderful Elm Capital in the fourth quarter valued at about $50,000. Susquehanna Worldwide Team LLP acquired a new stake in shares of Excellent Elm Capital in the fourth quarter valued at about $55,000. Finally, Acadian Asset Management LLC elevated its holdings in shares of Fantastic Elm Cash by 60.1% in the fourth quarter. Acadian Asset Administration LLC now owns 50,354 shares of the economic solutions provider’s stock valued at $154,000 right after acquiring an added 18,903 shares in the very last quarter. Hedge cash and other institutional traders own 71.76% of the company’s stock.
About Good Elm Funds (Get Rating)
Fantastic Elm Money Corp. is a company enhancement organization which specializes in mortgage and mezzanine, center market investments. It invests in the credit card debt devices of center marketplace firms. The fund prefers to devote in media, business solutions and provides, health care, telecommunication solutions, communications products.
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