Medley Capital (MCC) Receives Coverage Optimism Rating of 0.21
Headlines about Medley Capital (NYSE:MCC) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Medley Capital earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.6887398180127 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Medley Capital (MCC) Receives “Neutral” Rating from National Securities (americanbankingnews.com)
- Medley Capital (MCC) Q3 Earnings and Revenues Miss Estimates (finance.yahoo.com)
- Medley Capital Corp Announces Quarterly Dividend of $0.10 (MCC) (americanbankingnews.com)
- The weekly wrap: AT&T, Boston Scientific, TH Lee (themiddlemarket.com)
- Form 8-K Medley Capital Corp For: Aug 09 (streetinsider.com)
Several equities research analysts recently issued reports on the stock. National Securities reaffirmed a “neutral” rating and set a $3.00 price target on shares of Medley Capital in a report on Wednesday. Zacks Investment Research lowered shares of Medley Capital from a “hold” rating to a “strong sell” rating in a report on Saturday, May 12th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.67.
Medley Capital (NYSE:MCC) last announced its quarterly earnings results on Thursday, August 9th. The investment management company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.08). Medley Capital had a negative net margin of 134.96% and a negative return on equity of 1.80%. research analysts anticipate that Medley Capital will post 0.39 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 20th. Investors of record on Wednesday, September 5th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 10.61%. The ex-dividend date of this dividend is Tuesday, September 4th. Medley Capital’s dividend payout ratio (DPR) is presently 59.70%.
About Medley Capital
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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