News articles about Medley Capital (NYSE:MCC) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive 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. Medley Capital earned a news impact score of 0.09 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 44.9833086090836 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities analysts recently weighed in on MCC shares. Keefe, Bruyette & Woods set a $6.00 price target on shares of Medley Capital and gave the company a “hold” rating in a research report on Friday, December 8th. Barclays dropped their price target on shares of Medley Capital from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 7th. Zacks Investment Research cut shares of Medley Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. National Securities dropped their price target on shares of Medley Capital from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 7th. Finally, ValuEngine cut shares of Medley Capital from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $5.63.
Medley Capital (MCC) traded down $0.02 during trading on Wednesday, hitting $4.20. 95,298 shares of the company’s stock traded hands, compared to its average volume of 311,051. Medley Capital has a 1 year low of $4.04 and a 1 year high of $7.89. The company has a debt-to-equity ratio of 1.11, a quick ratio of 5.02 and a current ratio of 5.02. The company has a market cap of $229.88, a PE ratio of -4.29, a P/E/G ratio of 1.51 and a beta of 1.24.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Wednesday, February 21st will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, February 20th. This represents a $0.64 annualized dividend and a dividend yield of 15.24%. Medley Capital’s dividend payout ratio is currently -65.31%.
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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