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$2.4573 per share
Price / Cash3.98
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$184.07
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. Shareholders 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 6.13%. 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 has approved a stock repurchase plan on Tuesday, October 24th 2017, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its shares are undervalued.
How were MVC Capital's earnings last quarter?
MVC Capital, Inc. (NYSE:MVC) released its quarterly earnings results on Monday, June, 11th. The investment management company reported $0.06 earnings per share (EPS) for the quarter. The investment management company had revenue of $5.50 million for the quarter. MVC Capital had a negative return on equity of 0.65% and a net margin of 74.18%. View MVC Capital's Earnings History.
What price target have analysts set for MVC?
2 brokers have issued 1 year price objectives for MVC Capital's stock. Their forecasts range from $12.00 to $12.50. On average, they expect MVC Capital's stock price to reach $12.25 in the next twelve months. 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), Putnam Premier Income Trust (PPT), Western Asset Managed Municipals Fnd (MMU), 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?
News stories about MVC stock have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MVC Capital earned a media sentiment score of 0.18 on Accern's scale. They also gave headlines about the investment management company an impact score of 45.10 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $184.07 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.
