NYSE:MCC - Medley Capital Stock Price, News, & Analysis

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$3.80 +0.01 (+0.26 %)
(As of 08/19/2018 02:07 AM ET)
Previous Close$3.80
Today's Range$3.66 - $3.80
52-Week Range$3.35 - $6.30
Volume511,136 shs
Average Volume277,663 shs
Market Capitalization$195.56 million
P/E Ratio5.67
Dividend Yield10.53%
Beta1.09
Medley Capital logoMedley 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. Its investment portfolio includes senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities. It may invest up to 100% of its assets in securities acquired directly from issuers in privately negotiated transactions. Its portfolio of investments includes industries, including banking, finance, insurance and real estate; construction and building; healthcare and pharmaceuticals; beverage and food, and telecommunications. MCC Advisors LLC is the Company's investment advisor.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry N/A
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:MCC
CUSIP58503F10
Phone212-759-0777

Debt

Debt-to-Equity Ratio1.21
Current Ratio11.00
Quick Ratio11.00

Price-To-Earnings

Trailing P/E Ratio5.67
Forward P/E Ratio9.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$96.26 million
Price / Sales2.15
Cash Flow$0.7692 per share
Price / Cash4.94
Book Value$8.45 per share
Price / Book0.45

Profitability

EPS (Most Recent Fiscal Year)$0.67
Net Income$-15,070,000.00
Net Margins-134.96%
Return on Equity-1.80%
Return on Assets-0.84%

Miscellaneous

EmployeesN/A
Outstanding Shares54,470,000
Market Cap$195.56 million

Medley Capital (NYSE:MCC) Frequently Asked Questions

What is Medley Capital's stock symbol?

Medley Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCC."

How often does Medley Capital pay dividends? What is the dividend yield for Medley Capital?

Medley Capital declared a quarterly dividend on Monday, August 13th. Investors of record on Wednesday, September 5th will be paid a dividend of $0.10 per share on Thursday, September 20th. This represents a $0.40 annualized dividend and a dividend yield of 10.53%. The ex-dividend date of this dividend is Tuesday, September 4th. View Medley Capital's Dividend History.

How were Medley Capital's earnings last quarter?

Medley Capital Corp (NYSE:MCC) issued its earnings results on Thursday, August, 9th. The investment management company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.08. Medley Capital had a negative return on equity of 1.80% and a negative net margin of 134.96%. View Medley Capital's Earnings History.

When is Medley Capital's next earnings date?

Medley Capital is scheduled to release their next quarterly earnings announcement on Thursday, December, 6th 2018. View Earnings Estimates for Medley Capital.

What price target have analysts set for MCC?

3 analysts have issued twelve-month price targets for Medley Capital's stock. Their forecasts range from $3.00 to $6.00. On average, they expect Medley Capital's share price to reach $4.6667 in the next year. This suggests a possible upside of 22.8% from the stock's current price. View Analyst Price Targets for Medley Capital.

What is the consensus analysts' recommendation for Medley Capital?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Medley Capital in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Medley Capital.

What are Wall Street analysts saying about Medley Capital stock?

Here are some recent quotes from research analysts about Medley Capital stock:
  • 1. According to Zacks Investment Research, "Medley Capital Corporation is a closed-end, externally managed investment company. Medley Capital Corporation's objective is to generate current income and capital appreciation by lending directly to privately-held small and middle market companies to help these companies fund acquisitions, growth or refinancing. Their portfolio will generally consist of first lien senior secured loans, and, to a lesser extent, second lien secured loans. In many of their investments, they will get warrants or other equity participation features which they believe will increase the total investment returns. " (8/16/2018)
  • 2. National Securities analysts commented, " MCC earned $0.02/share of NII, drastically below our estimate of $0.13 and the dividend of $0.10. The company still declared a $0.10/share dividend going forward, although we do not expect that earnings would be above $0.05/share if MCC were to remain a standalone entity.
     NAV/share was down to $6.43 from $7.02 Q/Q. Management noted on the call that legacy assets were 10.9% of the portfolio at 6/30/18, down from 20% the quarter prior and that of the legacy assets remaining the 6.1% rated 4 or 5 are marked at 29% of par. However, given the underwriting history of the company we don’t really take solace in this.
     The fact remains that this vehicle has had disastrous credit history with non-accruals at almost a fourth of the portfolio in one of the most benign credit markets ever. We are unsure of what could potentially take another leg down next quarter and we think the market will likely agree with us and convey its agreement in a discount.
     The big announcement in the quarter was that MCC will be merged with its parent company, Medley Management (NYSE: MDLY – NR - $5.35) and Sierra Income Corporation. Sierra is public but nontraded and is set to acquire MCC and MDLY simultaneously.
     The new vehicle will be internally managed and will be over $5.0 billion of assets with $2.0 billion being internally managed. MDLY also runs separately managed accounts and other permanent capital vehicles.
     Theoretically this should improve the valuation of the franchise but we note that shareholders will still be part of the same platform that brought them MCC and everything that has come with it.
     We are continuing to value MCC as a standalone entity until the proxy is filed within a few weeks. Upon filing of the proxy, when we have all the information needed, we will model out the three-party merger and assess the value creation potential of the transaction. We are revising our fiscal 2018 NII/share estimate to $0.24 from $0.35 and our fiscal 2019 NII/share estimate to $0.18 from $0.31 and maintaining our NEUTRAL rating and $3 price target." (8/15/2018)

Who are some of Medley Capital's key competitors?

Who are Medley Capital's key executives?

Medley Capital's management team includes the folowing people:
  • Brook Taube, Chairman of the Board, President, Chief Executive Officer (Age 46)
  • Richard T. Allorto Jr., Chief Financial Officer, Secretary (Age 45)
  • John D. Fredericks, Chief Compliance Officer (Age 52)
  • Arthur S. Ainsberg, Lead Independent Director (Age 70)
  • Mark Lerdal, Director
  • Seth B. Taube, Director (Age 46)
  • Jeffrey Tonkel, Director (Age 46)
  • Karin Hirtler-Garvey, Independent Director (Age 61)

Has Medley Capital been receiving favorable news coverage?

Media stories about MCC stock have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Medley Capital earned a news impact score of 0.13 on Accern's scale. They also gave news coverage about the investment management company an impact score of 46.51 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Medley Capital.

Who are Medley Capital's major shareholders?

Medley Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include PVG Asset Management Corp (2.01%), Bank of Montreal Can (1.02%), Confluence Investment Management LLC (0.89%), Advisors Asset Management Inc. (0.79%), Rational Advisors LLC (0.67%) and BlackRock Inc. (0.44%). Company insiders that own Medley Capital stock include Brook Taube and Seth Taube. View Institutional Ownership Trends for Medley Capital.

Which institutional investors are selling Medley Capital stock?

MCC stock was sold by a variety of institutional investors in the last quarter, including PVG Asset Management Corp, Rational Advisors LLC, Confluence Investment Management LLC, BlackRock Inc., Bank of Montreal Can, Cambridge Investment Research Advisors Inc. and Advisors Asset Management Inc.. View Insider Buying and Selling for Medley Capital.

Which institutional investors are buying Medley Capital stock?

MCC stock was purchased by a variety of institutional investors in the last quarter, including Greenwich Investment Management Inc., Highland Capital Management LP and Raymond James & Associates. Company insiders that have bought Medley Capital stock in the last two years include Brook Taube and Seth Taube. View Insider Buying and Selling for Medley Capital.

How do I buy shares of Medley Capital?

Shares of MCC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Medley Capital's stock price today?

One share of MCC stock can currently be purchased for approximately $3.80.

How big of a company is Medley Capital?

Medley Capital has a market capitalization of $195.56 million and generates $96.26 million in revenue each year. The investment management company earns $-15,070,000.00 in net income (profit) each year or $0.67 on an earnings per share basis.

How can I contact Medley Capital?

Medley Capital's mailing address is 280 PARK AVENUE 6TH FLOOR EAST, NEW YORK NY, 10017. The investment management company can be reached via phone at 212-759-0777 or via email at [email protected]


MarketBeat Community Rating for Medley Capital (NYSE MCC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Medley Capital and other stocks. Vote "Outperform" if you believe MCC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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