Medley Management Inc (NASDAQ:MDLY) has received a consensus rating of “Hold” from the seven research firms that are covering the stock, ARN reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $8.67.
Medley Management (NASDAQ:MDLY) traded down 3.51% during trading on Monday, reaching $5.49. 2,825 shares of the company’s stock were exchanged. The company has a market capitalization of $32.99 million and a price-to-earnings ratio of 9.95. Medley Management has a 52-week low of $4.46 and a 52-week high of $15.14. The stock’s 50-day moving average price is $5.71 and its 200-day moving average price is $7.98.
Medley Management (NASDAQ:MDLY) last announced its quarterly earnings results on Friday, December 4th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.12. Equities analysts expect that Medley Management will post $0.67 earnings per share for the current year.
Several equities research analysts recently commented on MDLY shares. Zacks Investment Research raised Medley Management from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 29th. Credit Suisse cut Medley Management from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $7.00 to $6.00 in a research report on Monday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $5.50 target price (down previously from $7.50) on shares of Medley Management in a research report on Wednesday, December 9th. Deutsche Bank reaffirmed a “buy” rating and set a $7.50 target price (down previously from $8.25) on shares of Medley Management in a research report on Wednesday, December 16th. Finally, FBR & Co. cut Medley Management from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $11.00 to $7.00 in a research report on Tuesday, November 3rd.
Medley Management Inc. is an asset management company. The Company offers yield solutions to retail and institutional investors. It is focused on credit-related investment strategies, originating senior secured loans to private middle market companies in the United States that have revenues between $50 million and $1 billion. It manages two permanent capital vehicles, both of which are business development companies (NASDAQ:MDLY), as well as long-dated private funds and separately managed account (SMAs). The Company distributes its permanent capital vehicles through two sub-channels, which includes Medley Capital Corporation (MCC) and Sierra Income Corporation (SIC). The Company distributes its long-dated private funds and SMAs through two sub-channels, which include long-dated private funds and separately managed accounts. The investment strategies in permanent capital vehicles, long-dated private funds and SMAs are focused on generating net interest income from senior secured loans.