Medley Capital Corporation (NYSE:MCC) is scheduled to issue its Q3 2017 quarterly earnings data before the market opens on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.17 per share for the quarter.

Medley Capital Corporation (NYSE:MCC) last issued its quarterly earnings data on Tuesday, May 9th. The investment management company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by $0.05. The firm had revenue of $24.36 million during the quarter, compared to analyst estimates of $26.46 million. Medley Capital Corporation had a net margin of 4.60% and a return on equity of 8.10%. The business’s quarterly revenue was down 20.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 earnings per share. On average, analysts expect Medley Capital Corporation to post $0.71 EPS for the current fiscal year and $0.74 EPS for the next fiscal year.

Shares of Medley Capital Corporation (NYSE MCC) opened at 6.26 on Tuesday. The stock’s 50 day moving average price is $6.39 and its 200 day moving average price is $7.06. Medley Capital Corporation has a 12-month low of $5.95 and a 12-month high of $8.06.

Several brokerages have issued reports on MCC. Keefe, Bruyette & Woods set a $9.00 target price on Medley Capital Corporation and gave the company a “buy” rating in a research note on Monday, April 17th. National Securities reduced their price target on Medley Capital Corporation from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Monday, May 15th. Zacks Investment Research upgraded Medley Capital Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. Jefferies Group LLC reiterated a “hold” rating and issued a $6.50 price target on shares of Medley Capital Corporation in a research report on Friday, July 14th. Finally, BidaskClub cut Medley Capital Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Medley Capital Corporation currently has a consensus rating of “Hold” and a consensus target price of $7.00.

In other news, CEO Brook Taube acquired 436,127 shares of the business’s stock in a transaction dated Tuesday, May 30th. The stock was purchased at an average cost of $6.08 per share, for a total transaction of $2,651,652.16. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Seth Taube acquired 149,607 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was purchased at an average price of $6.40 per share, with a total value of $957,484.80. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 6,396,654 shares of company stock valued at $39,655,529. 8.70% of the stock is owned by company insiders.

TRADEMARK VIOLATION WARNING: This news story was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at

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.

Earnings History for Medley Capital Corporation (NYSE:MCC)

Receive News & Ratings for Medley Capital Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medley Capital Corporation and related companies with's FREE daily email newsletter.