Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Medley Capital Corporation (NASDAQ:MCC) To Report Earnings

Analysts await Medley Capital Corporation (NASDAQ:MCC) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.28 EPS, down 7.14% or $0.02 from last year’s $0.3 per share.

At the moment 11 analysts are watching Medley Capital Corporation (NASDAQ:MCC), 2 rate it “Buy”, 1 “Outperform”, 8 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 6 analysts have a mean sales target of 33.49 million. For the quarter ending Jun-16, 6 analysts have a mean sales target of 33.40 million whilst for the year ending Sep-16, 6 analysts have a mean target of 134.33 million.

In terms of earnings per share, 10 analysts have a 0.28 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 10 analysts have a 0.28 EPS mean target and for the quarter ending Jun-16 there are 10 estimates of 1.13 EPS.

The biggest institutional shareholders in Medley Capital Corporation include PVG Asset Management Corp which owns 2 million shares in the company valued at $14.63 million. Rivernorth Capital Management, LLC is the second biggest holder with 2 million shares currently valued at 13.36 million whilst American Financial Group Inc has 2 million shares valued at 12.80 million.

Total shares held by institutions as of the most recent company filings are 18,743,042 with a reported 2,211,070 bought and 1,477,402 sold. These holdings make up 33.56% of the company’s outstanding shares.

Currently insiders hold 289,688 shares in the business which makes up 0.52% of shares. The biggest holder currently is Mr. Brook Taube who owns 140,000 shares (0.25% of those outstanding), whilst Mr. Seth Taube holds 91,688 (0.16% of shares outstanding) and Mr. Richard T. Allorto,Jr holds 20,000 (0.04% of shares outstanding).

The stock decreased 0.75% or $0.05 during the last trading session, hitting $7.00. Medley Capital Corporation (NASDAQ:MCC) has fallen 1.43% over the past 6 months and is downtrending.

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