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
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-28.76
Forward P/E Ratio54.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$20.10 million
Price / Sales9.16
Cash Flow$2.4885 per share
Price / Cash3.93
Book Value$13.24 per share
Price / Book0.74
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$181.81
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 declared 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 annualized dividend and a yield of 6.13%. The ex-dividend date of this dividend is Wednesday, July 25th. View MVC Capital's Dividend History.
How will MVC Capital's stock buyback program work?
MVC Capital declared that its Board of Directors has authorized a stock buyback program on Tuesday, October 24th 2017, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were MVC Capital's earnings last quarter?
MVC Capital, Inc. (NYSE:MVC) issued its earnings results on Monday, June, 11th. The investment management company reported $0.06 EPS for the quarter. The investment management company had revenue of $5.50 million for 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.
What price target have analysts set for MVC?
2 brokerages have issued twelve-month target prices for MVC Capital's shares. Their forecasts range from $12.00 to $12.50. On average, they anticipate MVC Capital's share price to reach $12.25 in the next year. This suggests a possible upside of 25.3% from the stock's current price. View Analyst Ratings 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."
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. " (7/3/2018)
- 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), John Hancock Financial Opprts Fund (BTO), The India Fund, Inc. Common Stock (IFN), Invesco Van Kmpn Trst Fr Invst Grd Mncpl (VGM), Invesco Municipal Trust (VKQ), Blackrock Muniyield Fund (MYD), BlackRock Debt Strategies Fund (DSU), Adams Natural Resources Fund (PEO), INVESCO VAN KAM/COM (VCV), Western Asset Managed Municipals Fnd (MMU), Putnam Premier Income Trust (PPT), BlackRock MuniHolding Insured Investm (MFL), Nuveen Pennsylvania Invsmt Qlty Mncpl Fd (NQP), Dreyfus Strategic Municipals (LEO) and Blackrock Muniassets Fund (MUA).
Who are MVC Capital's key executives?
MVC Capital's management team includes the folowing people:
- Michael T. Tokarz, Principal Executive Officer, Director (Age 68)
- Scott J. Schuenke CPA., Chief Financial Officer (Age 38)
- Kevin M. Byrne, Chief Compliance Officer (Age 58)
- Jaclyn Shapiro-Rothchild, Vice President, Secretary (Age 39)
- Warren E. Holtsberg, Director (Age 66)
- Emilio A. Dominianni, Independent Director (Age 86)
- Phillip F. Goldstein, Independent Director (Age 72)
- Gerald Hellerman, Independent Director (Age 79)
- Robert C. Knapp, Independent Director (Age 52)
Has MVC Capital been receiving favorable news coverage?
Media headlines about MVC stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MVC Capital earned a news sentiment score of 0.20 on Accern's scale. They also assigned media coverage about the investment management company an impact score of 44.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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 $9.78.
How big of a company is MVC Capital?
MVC Capital has a market capitalization of $181.81 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.
