MVC Capital (MVC) Earns Coverage Optimism Score of 0.01

Media coverage about MVC Capital (NYSE:MVC) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MVC Capital earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 47.0495234806821 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

MVC Capital (NYSE MVC) traded up $0.05 on Friday, hitting $10.78. 38,113 shares of the company were exchanged, compared to its average volume of 48,189. The company has a quick ratio of 34.79, a current ratio of 34.79 and a debt-to-equity ratio of 0.37. MVC Capital has a 12 month low of $8.45 and a 12 month high of $10.97. The firm has a market cap of $226.55, a price-to-earnings ratio of 6.65 and a beta of 0.67.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 8th. Shareholders of record on Friday, December 29th were paid a $0.15 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.60 annualized dividend and a yield of 5.57%. MVC Capital’s dividend payout ratio (DPR) is 37.04%.

MVC Capital announced that its board has approved a stock buyback plan on Monday, October 23rd that permits the company to repurchase $25.00 million in shares. This repurchase authorization permits the investment management company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

MVC has been the topic of a number of analyst reports. Maxim Group restated a “buy” rating and issued a $12.50 target price on shares of MVC Capital in a report on Tuesday, October 24th. Ladenburg Thalmann Financial Services initiated coverage on shares of MVC Capital in a report on Thursday. They issued a “buy” rating and a $12.00 target price on the stock. Finally, TheStreet lowered shares of MVC Capital from a “b” rating to a “c+” rating in a report on Friday, December 29th.

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About MVC Capital

MVC Capital, Inc is a non-diversified closed-end management investment company. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income. The Company’s segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc (MVCFS).

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