About MVC Capital (NYSE:MVC)
MVC Capital, Inc. is a non-diversified closed-end management investment company. The Company's investment objective is to seek to maximize total return from capital appreciation and/or income. The Company's segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc. (MVCFS). It seeks to achieve its investment objective by providing debt and equity financing to companies, including privately owned (portfolio companies), and by establishing a subsidiary or subsidiaries that would serve as general partner to a private equity or other investment fund(s). It has investments in various sectors, including energy, specialty chemicals, automotive dealerships, electrical engineering, medical devices, industrial manufacturing, financial services and information technology. The Tokarz Group Advisers LLC is the investment advisor of the Company.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed End Funds
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NYSE:MVC
- CUSIP: 55382910
- Web: www.mvccapital.com
- 50 Day Moving Avg: $10.13
- 200 Day Moving Avg: $9.69
- 52 Week Range: $8.22 - $10.47
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 44.87
- P/E Growth: 0.00
- Annual Dividend: $0.54
- Dividend Yield: 5.5%
- Net Margins: 182.86%
- Return on Equity: -2.70%
- Return on Assets: -1.81%
- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 34.79%
- Quick Ratio: 34.79%
- Average Volume: 44,534 shs.
- Beta: 0.66
Frequently Asked Questions for MVC Capital (NYSE:MVC)
What is MVC Capital's stock symbol?
MVC Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "MVC."
How often does MVC Capital pay dividends? What is the dividend yield for MVC Capital?
MVC Capital announced a quarterly dividend on Tuesday, October 10th. Investors of record on Tuesday, October 24th will be paid a dividend of $0.15 per share on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date is Monday, October 23rd. This is a boost from MVC Capital's previous quarterly dividend of $0.14. View MVC Capital's Dividend History.
How will MVC Capital's stock buyback program work?
MVC Capital declared that its Board of Directors has approved a stock buyback plan on Monday, July 24th 2017, which allows the company to repurchase $15,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through a dutch auction. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.
How were MVC Capital's earnings last quarter?
MVC Capital, Inc. (NYSE:MVC) posted its quarterly earnings results on Thursday, June, 8th. The company reported ($0.10) earnings per share for the quarter. The company earned $3.93 million during the quarter. MVC Capital had a net margin of 182.86% and a negative return on equity of 2.70%. View MVC Capital's Earnings History.
When will MVC Capital make its next earnings announcement?
Where is MVC Capital's stock going? Where will MVC Capital's stock price be in 2017?
1 equities research analysts have issued 12-month price objectives for MVC Capital's stock. Their predictions range from $12.50 to $12.50. On average, they anticipate MVC Capital's stock price to reach $12.50 in the next twelve months. View Analyst Ratings for MVC Capital.
Who are some of MVC Capital's key competitors?
Some companies that are related to MVC Capital include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
Who are MVC Capital's key executives?
MVC Capital's management team includes the folowing people:
- Michael T. Tokarz, Principal Executive Officer, Director
- Scott J. Schuenke CPA., Chief Financial Officer
- Kevin M. Byrne, Chief Compliance Officer
- Jaclyn Shapiro-Rothchild, Vice President, Secretary
- Warren E. Holtsberg, Director
- Emilio A. Dominianni, Independent Director
- Phillip F. Goldstein, Independent Director
- Gerald Hellerman, Independent Director
- Robert Christopher Knapp, Independent Director
Who owns MVC Capital stock?
MVC Capital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
BULLDOG INVESTORS, LLC
(3.97%). Company insiders that own MVC Capital stock include Phillip Goldstein and Robert C Knapp. View Institutional Ownership Trends for MVC Capital.
How do I buy MVC Capital stock?
Shares of MVC Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MVC Capital's stock price today?
MarketBeat Community Rating for MVC Capital (NYSE MVC)MarketBeat's community ratings are surveys of what our community members think about MVC Capital and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of MVC Capital stock can currently be purchased for approximately $10.32.
Consensus Ratings for MVC Capital (NYSE:MVC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$12.50 (21.12% upside)|Consensus Price Target History for MVC Capital (NYSE:MVC)
Analysts' Ratings History for MVC Capital (NYSE:MVC)
(Data available from 10/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||Maxim Group||Initiated Coverage||Buy -> Buy||$12.50||N/A|
Earnings History for MVC Capital (NYSE:MVC)Earnings History by Quarter for MVC Capital (NYSE MVC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/8/2017||Q2 2017||($0.10)||$3.93 million||View||N/A|
|9/9/2014||Q3 2014||$0.19||$0.04||$5.02 million||View||N/A|
|6/6/2014||Q114||$0.15||$0.20||$6.98 million||$5.86 million||View||N/A|
|3/12/2014||Q413||$0.12||($0.08)||$5.92 million||$3.09 million||View||N/A|
Earnings Estimates for MVC Capital (NYSE:MVC)
Current Year EPS Consensus Estimate: $0.25 EPS
Next Year EPS Consensus Estimate: $0.23 EPS
Current Dividend Information for MVC Capital (NYSE:MVC)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||33.33% (Trailing 12 Months of Earnings) |
216.00% (Based on This Year's Estimates)
234.78% (Based on Next Year's Estimates)
Dividend History by Quarter for MVC Capital (NYSE MVC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for MVC Capital (NYSE:MVC)
Insider Ownership Percentage: 10.91%Insider Trades by Quarter for MVC Capital (NYSE:MVC)
Institutional Ownership Percentage: 43.50%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/14/2017||Phillip Goldstein||Director||Sell||29,853||$9.82||$293,156.46|| |
|10/12/2016||Robert C Knapp||Director||Buy||20,000||$8.71||$174,200.00|| |
|10/9/2014||Robert C Knapp||Director||Buy||28,018||$10.99||$307,917.82|| |
|9/29/2014||Gerald Hellerman||Director||Buy||1,750||$10.78||$18,865.00|| |
|9/26/2014||Michael T Tokarz||Chairman||Buy||40,000||$10.86||$434,400.00|| |
|9/18/2014||Gerald Hellerman||Director||Buy||1,250||$11.55||$14,437.50|| |
|9/16/2014||Bruce W Shewmaker||Director||Sell||1,500||$11.77||$17,655.00|| |
|6/27/2014||Robert C Knapp||Director||Buy||176,600||$12.54||$2,214,564.00|| |
|6/11/2014||Robert C Knapp||Director||Buy||24,008||$12.42||$298,179.36|| |
|4/28/2014||Phillip Goldstein||Director||Buy||16,980||$12.98||$220,400.40|| |
|4/24/2014||Phillip Goldstein||Director||Buy||16,840||$13.17||$221,782.80|| |
|4/15/2014||Phillip Goldstein||Director||Buy||16,980||$13.13||$222,947.40|| |
|4/14/2014||Phillip Goldstein||Director||Buy||16,389||$13.14||$215,351.46|| |
|3/31/2014||Robert C Knapp||Director||Buy||25,000||$13.54||$338,500.00|| |
|3/21/2014||Robert C Knapp||Director||Buy||36,817||$13.92||$512,492.64|| |
|3/14/2014||Gerald Hellerman||Director||Buy||1,500||$13.40||$20,100.00|| |
|1/24/2014||Robert C Knapp||Director||Buy||25,000||$14.20||$355,000.00|| |
|1/23/2014||Robert C Knapp||Director||Buy||14,856||$14.25||$211,698.00|| |
|1/17/2014||Robert C Knapp||Director||Buy||2,512||$13.89||$34,891.68|| |
|1/16/2014||Robert C Knapp||Director||Buy||35,882||$13.78||$494,453.96|| |
|9/13/2013||Phillip Goldstein||Director||Buy||157,879||$12.70||$2,005,063.30|| |
|9/12/2013||Phillip Goldstein||Director||Buy||17,182||$12.69||$218,039.58|| |
|8/21/2013||Phillip Goldstein||Director||Buy||6,639||$12.30||$81,659.70|| |
|6/19/2013||Phillip Goldstein||Director||Buy||37,671||$12.72||$479,175.12|| |
|6/14/2013||Phillip Goldstein||Director||Buy||37,671||$12.65||$476,538.15|| |
|6/12/2013||Phillip Goldstein||Director||Buy||3,420||$12.65||$43,263.00|| |
|6/5/2013||Phillip Goldstein||Director||Buy||26,370||$12.69||$334,635.30|| |
|5/31/2013||Phillip Goldstein||Director||Buy||37,671||$12.76||$480,681.96|| |
|4/18/2013||Phillip Goldstein||Director||Buy||4,961||$12.60||$62,508.60|| |
|4/17/2013||Phillip Goldstein||Director||Buy||13,803||$12.52||$172,813.56|| |
|4/15/2013||Phillip Goldstein||Director||Buy||25,442||$12.59||$320,314.78|| |
|1/7/2013||Gerald Hellerman||Director||Buy||1,537||$12.15||$18,674.55|| |
|1/2/2013||Bruce W Shewmaker||Director||Buy||1,000||$12.00||$12,000.00|| |
|12/31/2012||Michael T Tokarz||Chairman||Buy||82,500||$12.17||$1,004,025.00|| |
Headline Trends for MVC Capital (NYSE:MVC)
Latest Headlines for MVC Capital (NYSE:MVC)
|Metage Capital Limited: MVC Capital Inc.'s Latest Proposed Actions are Trivial Compared to Those Needed to Address its Discount|
finance.yahoo.com - October 17 at 1:19 AM
|MVC's Innovation And The Future Of Closed-End Funds|
seekingalpha.com - October 14 at 2:48 AM
|BRIEF-MVC Capital Board recommends shareholders vote against adoption of Metage Capital’s proposal|
www.reuters.com - October 13 at 7:08 AM
|MVC Capital, Inc. (MVC) Research Coverage Started at Maxim Group|
www.americanbankingnews.com - October 12 at 9:46 AM
|MVC Capital Board of Directors Details Plan to Increase Shareholder Distributions|
finance.yahoo.com - October 11 at 1:10 AM
|MVC Capital, Inc. (MVC) to Issue Quarterly Dividend of $0.15|
www.americanbankingnews.com - October 10 at 6:00 PM
|At MVC Capital Inc.'s AGM, Scheduled for October 31st, Shareholders Should Vote in Favor of Metage Capital Limited's Shareholder Proposal to Address the Persistent Discount and Years of Poor Performance|
finance.yahoo.com - October 2 at 5:41 PM
|BRIEF-Metage Capital says encourages MVC Capital shareholders to support its proposal at AGM - Reuters|
www.reuters.com - September 30 at 9:51 AM
|At MVC Capital Inc.'s AGM, Scheduled for October 31st, Shareholders Should Vote in Favor of Metage Capital Limited's ... - PR Newswire (press release)|
www.prnewswire.com - September 30 at 9:51 AM
|BRIEF-Metage Capital says encourages MVC Capital shareholders to support its proposal at AGM|
www.reuters.com - September 29 at 1:19 PM
|MVC Capital reports Q3 results|
seekingalpha.com - September 11 at 4:56 PM
|MVC Capital Announces Results of Its Tender Offer|
www.nasdaq.com - August 21 at 8:12 PM
|Share Buyback Plan Initiated by MVC Capital (NYSE:MVC) Board |
www.americanbankingnews.com - July 24 at 11:58 AM
|MVC Capital Commences Dutch Tender Offer|
finance.yahoo.com - July 22 at 6:43 AM
|MVC Capital, Inc. (NYSE:MVC) Plans Dividend of $0.14|
www.americanbankingnews.com - July 14 at 11:43 AM
|MVC Capital Announces Completed Sale of U.S. Gas & Electric, Inc.|
finance.yahoo.com - July 5 at 8:33 PM
|Mabuhay Vinyl Corp. : Neutral assessment on price but strong on fundamentals|
finance.yahoo.com - July 5 at 8:44 AM
|MVC Capital: Is The Dividend Sustainable?|
seekingalpha.com - June 13 at 7:17 AM
|BRIEF-MVC Capital qtrly net asset value per share $12.45|
www.reuters.com - June 9 at 12:38 AM
|The Hunt For Special Dividends: A 5.5% Yielder With A Windfall Gain|
seekingalpha.com - June 6 at 7:25 PM
|MVC Capital Changes Plans For U.S. Gas & Electric|
seekingalpha.com - June 1 at 12:04 AM
|MVC Capital (MVC) Portfolio Holding US Gas & Electric To Be Acquired By Crius Energy For $172.5 Million In Cash And Second-Lien Notes|
www.streetinsider.com - May 31 at 9:26 AM
|BDCL To Pay The Highest Dividend Since July 2015|
seekingalpha.com - March 24 at 6:41 PM
|MVC Capital Announces Fiscal First Quarter 2017 Results|
us.rd.yahoo.com - March 13 at 6:25 PM
|MVC Capital: Undervalued BDC In Transition|
seekingalpha.com - December 15 at 7:31 PM
|MVC Capital Announces Fiscal Third Quarter and Nine Month 2016 Results|
www.nasdaq.com - September 10 at 10:38 AM
|MVC CAPITAL, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - September 1 at 6:14 PM
|MVC CAPITAL, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;|
biz.yahoo.com - June 21 at 7:00 AM
|BRIEF-Mvc capital inc - files for a non-timely 10-q - sec filing|
www.reuters.com - June 11 at 6:29 PM
|MVC CAPITAL, INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - May 16 at 6:21 AM
|MVC Capital (MVC) Announces Receipt of NYSE Listing Notification|
www.streetinsider.com - February 5 at 1:09 PM
|MVC Capital reports FQ3 results|
seekingalpha.com - January 29 at 6:26 PM
|MVC CAPITAL, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - January 29 at 5:20 PM
|MVC CAPITAL, INC. Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance|
biz.yahoo.com - December 11 at 6:31 AM
|MVC CAPITAL, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli|
biz.yahoo.com - December 7 at 4:09 PM
MVC Capital (MVC) Chart for Wednesday, October, 18, 2017