Is it time to Buy before this week’s earning report MVC Capital Stock Forecast, Price & News (NYSE:MVC)

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Earnings results for MVC Capital Stock Forecast, Price & News (NYSE:MVC)

MVC Capital, Inc. is estimated to report earnings on 09/14/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.16.

MVC Capital last issued its earnings data on September 9th, 2020. The investment management company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.09. MVC Capital has generated $0.65 earnings per share over the last year. MVC Capital has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, January 12th, 2021 based off prior year’s report dates.

Analyst Opinion on MVC Capital Stock Forecast, Price & News (NYSE:MVC)

1 Wall Street analysts have issued ratings and price targets for MVC Capital in the last 12 months. Their average twelve-month price target is $13.00, predicting that the stock has a possible upside of 65.18%. The high price target for MVC is $13.00 and the low price target for MVC is $13.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

MVC Capital has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $13.00, MVC Capital has a forecasted upside of 65.2% from its current price of $7.87. MVC Capital has received no research coverage in the past 90 days.

Dividend Strength: MVC Capital Stock Forecast, Price & News (NYSE:MVC)

MVC Capital is a leading dividend payer. It pays a dividend yield of 8.64%, putting its dividend yield in the top 25% of dividend-paying stocks. MVC Capital has only been increasing its dividend for 1 years. The dividend payout ratio of MVC Capital is 104.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MVC Capital will have a dividend payout ratio of 141.67% in the coming year. This indicates that MVC Capital may not be able to sustain their current dividend.

Insiders buying/selling: MVC Capital Stock Forecast, Price & News (NYSE:MVC)

In the past three months, MVC Capital insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,776,788.00 in company stock. Only 10.04% of the stock of MVC Capital is held by insiders. 49.29% of the stock of MVC Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of MVC Capital Stock Forecast, Price & News (NYSE:MVC

Earnings for MVC Capital are expected to decrease by -22.58% in the coming year, from $0.62 to $0.48 per share. The P/E ratio of MVC Capital is -3.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of MVC Capital is -3.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. MVC Capital has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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