Medley Capital Corporation (MCC) Receiving Somewhat Favorable News Coverage, Study Shows

Headlines about Medley Capital Corporation (NYSE:MCC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Medley Capital Corporation earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 45.8541362987122 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Medley Capital Corporation (NYSE MCC) opened at 5.83 on Tuesday. Medley Capital Corporation has a 12-month low of $5.75 and a 12-month high of $8.06. The company has a 50 day moving average price of $5.95 and a 200-day moving average price of $6.48.

Medley Capital Corporation (NYSE:MCC) last released its earnings results on Wednesday, August 9th. The investment management company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $23.70 million during the quarter, compared to the consensus estimate of $24.67 million. Medley Capital Corporation had a negative net margin of 6.07% and a positive return on equity of 8.04%. During the same quarter last year, the firm earned $0.20 earnings per share. Equities research analysts forecast that Medley Capital Corporation will post $0.68 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Wednesday, August 23rd were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date was Monday, August 21st. Medley Capital Corporation’s dividend payout ratio (DPR) is currently -640.00%.

Several research analysts have recently issued reports on MCC shares. ValuEngine raised Medley Capital Corporation from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $7.00 target price on shares of Medley Capital Corporation in a research report on Wednesday, August 16th. BidaskClub cut Medley Capital Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research upgraded Medley Capital Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $6.50 target price on shares of Medley Capital Corporation in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $7.00.

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Medley Capital Corporation 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.

Insider Buying and Selling by Quarter for Medley Capital Corporation (NYSE:MCC)

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