Medley Capital (MCC) Posts Earnings Results, Misses Estimates By $0.07 EPS

Medley Capital (NYSE:MCC) issued its quarterly earnings results on Tuesday. The investment management company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.07), Bloomberg Earnings reports. Medley Capital had a positive return on equity of 5.03% and a negative net margin of 134.96%.

Shares of MCC opened at $3.32 on Wednesday. The firm has a market cap of $189.57 million, a PE ratio of 4.96 and a beta of 1.03. The company has a debt-to-equity ratio of 1.21, a quick ratio of 11.00 and a current ratio of 11.00. Medley Capital has a 1-year low of $3.29 and a 1-year high of $5.79.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Wednesday, December 5th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.05%. The ex-dividend date of this dividend is Tuesday, December 4th. Medley Capital’s dividend payout ratio (DPR) is presently 59.70%.



MCC has been the topic of a number of recent analyst reports. National Securities reaffirmed a “neutral” rating and set a $3.00 price target on shares of Medley Capital in a research report on Wednesday, August 15th. Zacks Investment Research raised Medley Capital from a “sell” rating to a “hold” rating in a research report on Thursday, October 25th. Five equities research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average target price of $4.67.

ILLEGAL ACTIVITY NOTICE: “Medley Capital (MCC) Posts Earnings Results, Misses Estimates By $0.07 EPS” was originally published by Dakota Financial News and is the property of of Dakota Financial News. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://dakotafinancialnews.com/2018/12/05/medley-capital-mcc-posts-earnings-results-misses-estimates-by-0-07-eps.html.

Medley Capital Company Profile

Medley Capital Corporation is a business development company. The fund seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.

Featured Story: Dividend Stocks – Are They Right For You?

Earnings History for Medley Capital (NYSE:MCC)

Receive News & Ratings for Medley Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medley Capital and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply