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
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-29.18
Forward P/E Ratio55.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$20.10 million
Price / Sales9.33
Cash Flow$2.4653 per share
Price / Cash4.04
Book Value$13.24 per share
Price / Book0.75
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
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 Monday, April 16th. Stockholders of record on Wednesday, April 25th will be given a dividend of $0.15 per share on Monday, April 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend is Tuesday, April 24th. 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 repurchase program on Tuesday, October 24th 2017, which permits the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign 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 investment management company reported ($0.10) earnings per share (EPS) for the quarter. The investment management company had revenue of $3.93 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 equities research analysts have issued 12-month price objectives for MVC Capital's stock. Their forecasts range from $12.00 to $12.50. On average, they anticipate MVC Capital's stock price to reach $12.25 in the next year. 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. " (6/16/2018)
- 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 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), Putnam Premier Income Trust (PPT), Invesco Van Kmpn Calf Vl Mncpl Incm Trst (VCV), Western Asset Managed Municipals Fnd (MMU), BlackRock MuniHolding Insured Investm (MFL), Dreyfus Strategic Municipals (LEO), Blackrock Muniassets Fund (MUA), Nuveen Pennsylvania Investment (NQP) and BlackRock MuniYield New York Insured Fnd (MYN).
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 coverage about MVC stock has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of 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 0.12 on Accern's scale. They also gave media headlines about the investment management company an impact score of 45.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are MVC Capital's major shareholders?
MVC Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include UBS Group AG (1.62%), Gendell Jeffrey L (1.57%), Ancora Advisors LLC (1.41%), Stilwell Value LLC (1.28%), Gabelli Funds LLC (0.69%) and Millennium Management LLC (0.45%). 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 institutional investors are selling MVC Capital stock?
MVC stock was sold by a variety of institutional investors in the last quarter, including Gendell Jeffrey L, Hillsdale Investment Management Inc., UBS Group AG, Millennium Management LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for MVC Capital.
Which institutional investors are buying MVC Capital stock?
MVC stock was acquired by a variety of institutional investors in the last quarter, including Stilwell Value LLC, RMB Capital Management LLC, Ancora Advisors LLC, Legal & General Group Plc and Gabelli Funds 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 $9.96.
How big of a company is MVC Capital?
MVC Capital has a market capitalization of $186.89 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 (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.
