Medley Capital (MCC) Reaches New 1-Year Low at $5.31

Medley Capital Corporation (NYSE:MCC) reached a new 52-week low during trading on Monday . The stock traded as low as $5.31 and last traded at $5.44, with a volume of 492000 shares changing hands. The stock had previously closed at $5.38.

Several equities research analysts have commented on the stock. ValuEngine raised shares of Medley Capital from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research raised shares of Medley Capital from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. National Securities reaffirmed a “neutral” rating and issued a $6.00 price target on shares of Medley Capital in a report on Thursday, December 7th. Finally, Keefe, Bruyette & Woods set a $6.00 price objective on shares of Medley Capital and gave the stock a “hold” rating in a research report on Friday, December 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $6.17.

The firm has a market capitalization of $287.62, a PE ratio of 7.76, a price-to-earnings-growth ratio of 1.65 and a beta of 1.21. The company has a quick ratio of 11.02, a current ratio of 11.02 and a debt-to-equity ratio of 1.06.

Medley Capital (NYSE:MCC) last issued its quarterly earnings data on Thursday, December 7th. The investment management company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $22.10 million during the quarter, compared to the consensus estimate of $23.51 million. Medley Capital had a negative net margin of 15.66% and a positive return on equity of 7.50%. The company’s revenue was down 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 earnings per share. equities research analysts anticipate that Medley Capital Corporation will post 0.64 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Wednesday, November 22nd will be given a $0.16 dividend. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 12.08%. Medley Capital’s dividend payout ratio (DPR) is currently -246.15%.

Institutional investors have recently modified their holdings of the business. Airain ltd raised its position in shares of Medley Capital by 2.7% in the second quarter. Airain ltd now owns 17,362 shares of the investment management company’s stock worth $111,000 after acquiring an additional 462 shares during the period. BB&T Securities LLC acquired a new position in shares of Medley Capital in the second quarter worth about $112,000. Macquarie Group Ltd. acquired a new position in shares of Medley Capital in the third quarter worth about $124,000. Citadel Advisors LLC acquired a new position in shares of Medley Capital in the second quarter worth about $156,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Medley Capital in the second quarter worth about $158,000. Institutional investors and hedge funds own 29.15% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this report can be viewed at

Medley Capital 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.

Receive News & Ratings for Medley Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medley Capital and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply