MVC Capital, Inc. is a business development company specializing in equity, acquisition financing, mezzanine financing, management buyouts, leveraged buildups, corporate partnerships, PIPE transactions, going private transactions, private company recapitalizations, operational turnarounds, and growth and expansion capital transaction financing. The company seeks to invest in mature, small, and middle-market companies. It seeks to invest in companies in the consumer products, business services, industrial manufacturing and services, automotive retailing, energy, food and food service, financial services, insurance, industrial distribution and value-added distribution, medical devices and equipment, specialty chemicals, and security sectors. The company prefers to invest in companies based in the United States. The firm typically invests between $3 million and $25 million for control and non-control stakes in companies with revenues between $10 million and $150 million and EBITDA between $3 million and $25 million. It prefers to be the lead investor in transactions and also co-invests in companies with other private equity sponsors. The company invests in the form of preferred and common equity, and warrants or rights to acquire equity interests; bridge loans; term loans; debt; cash flow loans; senior and subordinated loans; convertible securities; venture capital; mezzanine; and private equity investments. It exits its investments in the form of maturity of loan, public offering, sale, mergers and acquisitions, and financial recapitalizations. It prefers to take majority stake in companies.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:MVC
CUSIP55382910
Phone914-701-0310
Debt
Debt-to-Equity Ratio0.46
Current Ratio12.20
Quick Ratio12.20
Price-To-Earnings
Trailing P/E Ratio-27.94
Forward P/E Ratio52.78
P/E GrowthN/A
Sales & Book Value
Annual Sales$20.10 million
Price / Sales8.90
Cash Flow$2.4675 per share
Price / Cash3.85
Book Value$13.24 per share
Price / Book0.72
Profitability
EPS (Most Recent Fiscal Year)($0.34)
Net Income$27.32 million
Net Margins74.18%
Return on Equity-0.65%
Return on Assets-0.44%
Miscellaneous
Employees20
Outstanding Shares18,820,000
Market Cap$178.04 million
MVC Capital (NYSE:MVC) Frequently Asked Questions
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, July 17th. Investors of record on Thursday, July 26th will be given a dividend of $0.15 per share on Tuesday, July 31st. This represents a $0.60 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date is Wednesday, July 25th. View MVC Capital's Dividend History.
How will MVC Capital's stock buyback program work?
MVC Capital announced that its Board of Directors has approved a stock repurchase program on Tuesday, October 24th 2017, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
How were MVC Capital's earnings last quarter?
MVC Capital, Inc. (NYSE:MVC) posted its quarterly earnings results on Monday, June, 11th. The investment management company reported $0.06 earnings per share for the quarter. The investment management company earned $5.50 million during the quarter. MVC Capital had a net margin of 74.18% and a negative return on equity of 0.65%. View MVC Capital's Earnings History.
When is MVC Capital's next earnings date?
What price target have analysts set for MVC?
2 Wall Street analysts have issued 1 year target prices for MVC Capital's shares. Their predictions range from $12.00 to $12.50. On average, they expect MVC Capital's share price to reach $12.25 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for MVC Capital.
What is the consensus analysts' recommendation for MVC Capital?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MVC Capital in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MVC Capital.
What are Wall Street analysts saying about MVC Capital stock?
Here are some recent quotes from research analysts about MVC Capital stock:
- 1. According to Zacks Investment Research, "MVC CAPITAL INC is a business development company traded on the New York Stock Exchange, under the listing symbol MVC and is advised by The Tokarz Group Advisers LLC. MVC provides long-term equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries primarily located in the U.S. The investments can take the form of common and preferred stock (control and non-control investments) and warrants or rights to acquire equity interests; senior and subordinated loans; or convertible securities. MVC serves as the lead investor for transactions, as well as a co-investor in companies along with other private equity sponsors. " (8/15/2018)
- 2. Maxim Group analysts commented, "With liquidity from the F3Q17 sale of its largest investment and a solid pipeline of yield investments, MVC appears to be well-positioned to transition its investment portfolio allocation to a higher percentage of yield investments, and thereby cover its quarterly dividend of $0.15. In F2Q18, net originations of yield investments were solid (and inline with our expectations), contributing to an increase in the percentage of yield investments to 57%, from 55%. With MVC shares currently trading at only 0.76x NAV, we reiterate our Buy rating and maintain our price target at $12.50, as we expect MVC to make further progress on its plan in the remainder of FY18. Our price target equates to 0.95x NAV; this is a 5% discount to the 1.0x NAV level at which we believe BDCs should trade in the current environment." (6/13/2018)
Who are some of MVC Capital's key competitors?
Some companies that are related to MVC Capital include Templeton Dragon Fund Inc common stock (TDF), The India Fund, Inc. Common Stock (IFN), Invesco Municipal Trust (VKQ), Invesco Van Kmpn Trst Fr Invst Grd Mncpl (VGM), Blackrock Muniyield Fund (MYD), BlackRock Debt Strategies Fund (DSU), Adams Natural Resources Fund (PEO), INVESCO VAN KAM/COM (VCV), Putnam Premier Income Trust (PPT), Western Asset Managed Municipals Fnd (MMU), BlackRock MuniHolding Insured Investm (MFL), Blackrock Muniassets Fund (MUA), Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP), Dreyfus Strategic Muni. (LEO) and BlackRock MuniYield New York Insured Fnd (MYN).
Who are MVC Capital's key executives?
MVC Capital's management team includes the folowing people:
- Mr. Michael Theodore Tokarz CPA, Chairman, Principal Exec. Officer & Portfolio Mang. (Age 69)
- Mr. Warren E. Holtsberg, Director (Age 67)
- Mr. Scott Joseph Schuenke CPA, MBA, Chief Financial Officer (Age 38)
- Ms. Jaclyn Lauren Shapiro-Rothchild, VP & Corp. Sec. (Age 39)
- Ms. Shivani Khurana, MD & Member of Investment Team
Has MVC Capital been receiving favorable news coverage?
Media coverage about MVC stock has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MVC Capital earned a news and rumor sentiment score of 0.13 on Accern's scale. They also assigned news articles about the investment management company an impact score of 46.51 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for MVC Capital.
Who are MVC Capital's major shareholders?
MVC Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include West Family Investments Inc. (6.38%), Royce & Associates LP (4.47%), Advisors Asset Management Inc. (0.99%), Bank of America Corp DE (0.21%), Macquarie Group Ltd. (0.18%) and Gendell Jeffrey L (0.16%). Company insiders that own MVC Capital stock include Gerald Hellerman, Michael T Tokarz, Phillip Goldstein and Robert C Knapp. View Institutional Ownership Trends for MVC Capital.
Which major investors are selling MVC Capital stock?
Which major investors are buying MVC Capital stock?
MVC stock was bought by a variety of institutional investors in the last quarter, including West Family Investments Inc., Advisors Asset Management Inc., Russell Investments Group Ltd. and Arlington Financial Advisors LLC. Company insiders that have bought MVC Capital stock in the last two years include Gerald Hellerman, Michael T Tokarz and Robert C Knapp. View Insider Buying and Selling for MVC Capital.
How do I buy shares of MVC Capital?
Shares of MVC 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 MVC Capital's stock price today?
One share of MVC stock can currently be purchased for approximately $9.50.
How big of a company is MVC Capital?
MVC Capital has a market capitalization of $178.04 million and generates $20.10 million in revenue each year. The investment management company earns $27.32 million in net income (profit) each year or ($0.34) on an earnings per share basis. MVC Capital employs 20 workers across the globe.
How can I contact MVC Capital?
MVC Capital's mailing address is 287 Bowman Avenue 2nd Floor, Purchase NY, 10577. The investment management company can be reached via phone at 914-701-0310 or via email at [email protected]
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 MVC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MVC will underperform the S&P 500 over the long term. You may vote once every thirty days.
