Medley Capital Corp (MCC) EPS Estimated At $0.15

November 15, 2017 - By Adrian Erickson

 Medley Capital Corp (MCC) EPS Estimated At $0.15
Investors sentiment increased to 1.38 in 2017 Q2. Its up 0.21, from 1.17 in 2017Q1. It improved, as 13 investors sold Medley Capital Corp shares while 21 reduced holdings. 17 funds opened positions while 30 raised stakes. 14.68 million shares or 16.81% less from 17.65 million shares in 2017Q1 were reported.
Salem Invest Counselors Inc invested in 0% or 5,750 shares. Tower Capital Limited Liability Corp (Trc) owns 31,490 shares. Advisors Asset has invested 0.04% in Medley Capital Corp (NYSE:MCC). Legal General Grp Incorporated Public Limited Com stated it has 140,038 shares or 0% of all its holdings. Sei reported 2,250 shares. Blackrock, New York-based fund reported 375,014 shares. Cue Group Inc accumulated 209,900 shares. Lmm holds 0.07% or 262,834 shares in its portfolio. Bank & Trust Of America Corporation De holds 0% or 1,800 shares. Sumitomo Mitsui Asset Management invested in 523,307 shares. New York-based Goldman Sachs Grp Inc Incorporated has invested 0% in Medley Capital Corp (NYSE:MCC). Commonwealth Equity Svcs Inc reported 26,831 shares. Moreover, Manning & Napier Advsr Ltd Company has 0% invested in Medley Capital Corp (NYSE:MCC) for 57,405 shares. Security National holds 700 shares. Stephens Ar owns 24,935 shares.

Analysts await Medley Capital Corp (NYSE:MCC) to report earnings on December, 7 before the open. They expect $0.15 earnings per share, down 34.78 % or $0.08 from last year’s $0.23 per share. MCC’s profit will be $8.17M for 9.65 P/E if the $0.15 EPS becomes a reality. After $0.18 actual earnings per share reported by Medley Capital Corp for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth. The stock increased 1.94% or $0.11 on November 14, reaching $5.79. About 152,272 shares traded. Medley Capital Corp (NYSE:MCC) has declined 6.36% since November 15, 2016 and is downtrending. It has underperformed by 23.06% the S&P500.

Medley Capital Corp (NYSE:MCC) Ratings Coverage

Among 7 analysts covering Medley Capital Corp (NYSE:MCC), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Medley Capital Corp had 16 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Friday, August 14 by Wood. The stock has “Buy” rating by National Securities on Wednesday, August 12. The stock has “Neutral” rating by UBS on Wednesday, October 14. Jefferies maintained the stock with “Hold” rating in Friday, September 22 report. The firm earned “Hold” rating on Monday, June 12 by Keefe Bruyette & Woods. The rating was downgraded by Zacks to “Hold” on Thursday, August 13. The rating was upgraded by Wells Fargo to “Outperform” on Monday, December 7. On Monday, October 16 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. As per Wednesday, April 27, the company rating was reinitiated by Janney Capital. The firm has “Hold” rating given on Tuesday, August 15 by Jefferies.

Medley Capital Corporation is a non-diversified closed-end management investment company. The company has market cap of $315.41 million. 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. It currently has negative earnings. The Company’s investment portfolio includes senior secured first lien term loans, senior secured second lien term loans, unitranche, senior secured first lien notes, subordinated notes and warrants and minority equity securities.

More notable recent Medley Capital Corp (NYSE:MCC) news were published by: Nasdaq.com which released: “Medley Capital Corporation Schedules Earnings Release Date and Webcast for the …” on October 17, 2017, also Seekingalpha.com with their article: “Identifying Risk In BDCs – The Medley Capital Corporation Example” published on May 25, 2017, Fool.com published: “Why Medley Capital Corporation Stock Plunged on Tuesday” on May 09, 2017. More interesting news about Medley Capital Corp (NYSE:MCC) were released by: Seekingalpha.com and their article: “Medley Capital’s (MCC) CEO Brook Taube on Q3 2017 Results – Earnings Call …” published on August 09, 2017 as well as Nasdaq.com‘s news article titled: “Medley Capital Corporation Amends Credit Facility and Partially Prepays Term Loan” with publication date: September 08, 2017.

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