Press coverage about Medley Capital (NYSE:MCC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing 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 nearest to one being the most favorable. Medley Capital earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.6616205202705 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- NS track performs well in Old Capital Invitational (heraldextra.com)
- Medley Capital (MCC) Raised to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Roumell Asset Management submits letter to Board of Directors of Medley Capital (finance.yahoo.com)
- BRIEF-Roumell Asset Management Submits Letter To Board Of Directors Of Medley Capital (reuters.com)
MCC has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Medley Capital from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st. ValuEngine cut shares of Medley Capital from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 31st. National Securities cut their target price on shares of Medley Capital from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, February 7th. Barclays cut their target price on shares of Medley Capital from $7.00 to $5.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 7th. Finally, TheStreet cut shares of Medley Capital from a “c-” rating to a “d+” rating in a research note on Thursday, March 1st. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $5.63.
Medley Capital (NYSE:MCC) last announced its quarterly earnings results on Tuesday, February 6th. The investment management company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). The company had revenue of $20.63 million for the quarter, compared to the consensus estimate of $22.19 million. Medley Capital had a negative net margin of 58.73% and a positive return on equity of 7.23%. The company’s revenue for the quarter was down 20.8% compared to the same quarter last year. During the same period last year, the firm posted $0.19 earnings per share. equities analysts predict that Medley Capital will post 0.55 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Wednesday, February 21st were given a dividend of $0.16 per share. The ex-dividend date was Tuesday, February 20th. This represents a $0.64 annualized dividend and a yield of 15.02%. Medley Capital’s dividend payout ratio is presently 95.52%.
Medley Capital Company Profile
Medley Capital Corporation is a non-diversified closed-end management investment company. The Company’s investment objective is to generate current income and capital appreciation by lending directly to privately-held middle market companies, primarily through directly originated transactions to help these companies expand their business, refinance and make acquisitions.
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