Medley Capital (MCC) Set to Announce Quarterly Earnings on Thursday

Medley Capital (NYSE:MCC) is scheduled to announce its earnings results before the market opens on Thursday, December 7th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.

Shares of Medley Capital (NYSE:MCC) opened at $5.77 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 10.33 and a current ratio of 10.33. The company has a market capitalization of $313.77, a price-to-earnings ratio of 7.68, a PEG ratio of 1.74 and a beta of 1.21. Medley Capital has a 1-year low of $5.53 and a 1-year high of $8.05.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Wednesday, November 22nd will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 11.09%. The ex-dividend date is Tuesday, November 21st. Medley Capital’s payout ratio is presently -640.00%.

Several analysts have recently commented on MCC shares. ValuEngine upgraded Medley Capital from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Medley Capital from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Keefe, Bruyette & Woods restated a “hold” rating and set a $7.00 target price on shares of Medley Capital in a report on Wednesday, August 16th. Jefferies Group restated a “hold” rating and set a $6.50 target price on shares of Medley Capital in a report on Wednesday, August 16th. Finally, National Securities restated a “neutral” rating and set a $6.00 target price on shares of Medley Capital in a report on Monday, August 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $7.00.

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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.

Earnings History for Medley Capital (NYSE:MCC)

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