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Great Elm Capital ( (GECC) ) just unveiled an announcement.
Great Elm Capital Corp. (GECC) provided an update on its investment in First Brands Group, LLC, a global automotive parts manufacturer that filed for bankruptcy at the end of September 2025. GECC’s investments in First Brands’ First and Second Lien Term Loans were placed on non-accrual, leading to a significant adverse impact on GECC’s net asset value. The company estimates a direct net asset value impact of approximately $16.5 million for the quarter ended September 30, 2025, affecting its net asset value per share by approximately $1.15-$1.25. Additionally, GECC’s CLO investments are expected to be adversely impacted by approximately $0.25 per share. In capital activities, GECC issued shares and notes, raising approximately $27 million in the third quarter and refinancing its debt to save on interest expenses. The company retains over $20 million in deployable cash for future investments.
The most recent analyst rating on (GECC) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Great Elm Capital stock, see the GECC Stock Forecast page.
Spark’s Take on GECC Stock
According to Spark, TipRanks’ AI Analyst, GECC is a Neutral.
Great Elm Capital Corporation’s overall stock score reflects a blend of both strengths and challenges. Strong operational efficiency and a high dividend yield are counterbalanced by financial instability and liquidity concerns. Technical indicators and a positive earnings call sentiment offer some optimism, but the high P/E ratio and cash flow issues weigh on the score.
To see Spark’s full report on GECC stock, click here.
More about Great Elm Capital
Great Elm Capital Corp. (GECC) is an externally managed business development company that focuses on generating current income and capital appreciation by investing in debt and income-generating equity securities. The company invests in specialty finance businesses and collateralized loan obligations (CLOs).
Average Trading Volume: 123,215
Technical Sentiment Signal: Strong Sell
Current Market Cap: $88.73M
See more insights into GECC stock on TipRanks’ Stock Analysis page.