Media stories about Medley Capital Corporation (NYSE:MCC) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Medley Capital Corporation earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities analysts have weighed in on the stock. Zacks Investment Research cut shares of Medley Capital Corporation from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 4th. ValuEngine raised shares of Medley Capital Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. BidaskClub cut shares of Medley Capital Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Jefferies Group LLC reissued a “hold” rating and issued a $6.50 price objective on shares of Medley Capital Corporation in a research report on Friday, July 14th. Finally, National Securities reissued a “neutral” rating and issued a $6.00 price objective on shares of Medley Capital Corporation in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $7.00.
Medley Capital Corporation (NYSE:MCC) last issued its earnings results on Wednesday, August 9th. The investment management company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. Medley Capital Corporation had a negative net margin of 6.07% and a positive return on equity of 8.04%. The business had revenue of $23.70 million for the quarter, compared to analyst estimates of $24.67 million. During the same period in the previous year, the business earned $0.20 EPS.
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Medley Capital Corporation Company Profile
Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.
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