Media stories about Medley Management (NYSE:MDLY) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Medley Management earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news coverage about the asset manager an impact score of 46.3659714619005 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of analysts have recently weighed in on the stock. ValuEngine lowered shares of Medley Management from a “buy” rating to a “hold” rating in a report on Saturday, August 12th. Zacks Investment Research lowered shares of Medley Management from a “hold” rating to a “sell” rating in a report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.42.
Medley Management (MDLY) traded up $0.25 during trading on Tuesday, hitting $6.90. 79,800 shares of the stock were exchanged, compared to its average volume of 34,367. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of -1.92. The stock has a market capitalization of $36.42, a price-to-earnings ratio of 15.47 and a beta of 1.51. Medley Management has a one year low of $5.50 and a one year high of $10.35.
Medley Management (NYSE:MDLY) last posted its earnings results on Tuesday, November 14th. The asset manager reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $16.65 million for the quarter, compared to analysts’ expectations of $19.00 million. Medley Management had a negative return on equity of 35.40% and a net margin of 3.14%. The business’s revenue for the quarter was down 11.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.14 earnings per share. sell-side analysts anticipate that Medley Management will post 0.31 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Friday, November 24th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.59%. Medley Management’s dividend payout ratio is currently 363.65%.
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About Medley Management
Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.
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