Shares of Medley Capital Corp (NYSE:MCC) have been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $5.63.

Several brokerages have commented on MCC. ValuEngine lowered shares of Medley Capital from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research lowered shares of Medley Capital from a “hold” rating to a “sell” rating in a research note on Wednesday, December 13th. Keefe, Bruyette & Woods set a $6.00 price target on shares of Medley Capital and gave the company a “hold” rating in a research note on Friday, December 8th. National Securities restated a “neutral” rating and issued a $6.00 price target on shares of Medley Capital in a research note on Thursday, December 7th. Finally, 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 note on Wednesday.

Several hedge funds and other institutional investors have recently bought and sold shares of MCC. Macquarie Group Ltd. acquired a new stake in shares of Medley Capital during the 3rd quarter valued at $124,000. Alpine Woods Capital Investors LLC acquired a new position in Medley Capital in the third quarter valued at about $149,000. Citadel Advisors LLC acquired a new position in Medley Capital in the second quarter valued at about $156,000. Cubist Systematic Strategies LLC acquired a new position in Medley Capital in the second quarter valued at about $158,000. Finally, Stevens Capital Management LP acquired a new position in Medley Capital in the third quarter valued at about $170,000. Institutional investors and hedge funds own 28.55% of the company’s stock.

Shares of Medley Capital (NYSE MCC) traded down $0.08 during mid-day trading on Friday, hitting $4.16. 427,593 shares of the stock traded hands, compared to its average volume of 287,112. The company has a market capitalization of $237.51, a PE ratio of -4.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.15. Medley Capital has a twelve month low of $4.15 and a twelve month high of $8.05. The company has a quick ratio of 11.02, a current ratio of 5.02 and a debt-to-equity ratio of 1.11.

Medley Capital (NYSE:MCC) last released its quarterly earnings data on Tuesday, February 6th. The investment management company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). The business had revenue of $20.63 million for the quarter, compared to analyst estimates of $22.19 million. Medley Capital had a positive return on equity of 7.23% and a negative net margin of 58.73%. Medley Capital’s revenue was down 20.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.19 EPS. equities research analysts expect that Medley Capital will post 0.57 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Wednesday, February 21st will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, February 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 15.38%. Medley Capital’s dividend payout ratio is presently -65.98%.

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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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