Monroe Capital (MRCC) Stock Price, News & Analysis

Company Overview

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to leveraged buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million. Its makes minority equity investments.

Key Stats

• Today's Range: $8.44 to $8.64
• 50-Day Range: $7.66 to $8.50
• 52-Week Range: $6.77 to $8.64
• Volume: 86,226 shs
• Average Volume: 61,624 shs
• Market Capitalization: $184.41 million
• P/E Ratio: 14.18
• Dividend Yield: 11.75%
• Price Target: $9.00
• Consensus Rating: Buy

Monroe Capital Stock Analysis - MarketRank™

Monroe Capital scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Monroe Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Monroe Capital has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -8.70%

Earnings Growth

Earnings for Monroe Capital are expected to decrease by -8.70% in the coming year, from $1.15 to $1.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Monroe Capital is 14.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Monroe Capital is 14.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Book Value per Share Ratio

Monroe Capital has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.60% of the float of Monroe Capital has been sold short.

Short Interest Ratio / Days to Cover

Monroe Capital has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Monroe Capital has recently decreased by 5.53%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Monroe Capital is a leading dividend payer. It pays a dividend yield of 11.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Monroe Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Monroe Capital is 166.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Monroe Capital will have a dividend payout ratio of 95.24% in the coming year. This indicates that Monroe Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.60% of the float of Monroe Capital has been sold short.

Short Interest Ratio / Days to Cover

Monroe Capital has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Monroe Capital has recently decreased by 5.53%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.72

News Sentiment

Monroe Capital has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Monroe Capital this week, compared to 2 articles on an average week.

Search Interest

Only 5 people have searched for MRCC on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Monroe Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.60% of the stock of Monroe Capital is held by insiders.

MRCC Stock Analysis - Frequently Asked Questions

How have MRCC shares performed this year?

Monroe Capital's stock was trading at $7.07 at the beginning of 2024. Since then, MRCC stock has increased by 20.4% and is now trading at $8.51.
View the best growth stocks for 2024 here.

How were Monroe Capital's earnings last quarter?

Monroe Capital Co. (NASDAQ:MRCC) issued its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.05. The financial services provider had revenue of $15.63 million for the quarter, compared to the consensus estimate of $15.10 million. Monroe Capital had a net margin of 20.97% and a trailing twelve-month return on equity of 12.14%.

Who are Monroe Capital's major shareholders?

Top institutional shareholders of Monroe Capital include International Assets Investment Management LLC (1.02%), Connor Clark & Lunn Investment Management Ltd. (0.59%), Ritholtz Wealth Management (0.16%) and Garden State Investment Advisory Services LLC.
View institutional ownership trends.

How do I buy shares of Monroe Capital?

Shares of MRCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Monroe Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monroe Capital investors own include Oxford Lane Capital (OXLC), Ares Capital (ARCC), Enterprise Products Partners (EPD), Rithm Capital (RITM), Annaly Capital Management (NLY), AGNC Investment (AGNC) and Energy Transfer (ET).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/10/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Real Estate
• Current Symbol: NASDAQ:MRCC
• CUSIP: N/A
• CIK: 1512931
• Web: www.monroebdc.com
• Phone: (312) 258-8300
• Fax: 312-258-8350
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.00
• High Stock Price Target: $9.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +5.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.60
• Trailing P/E Ratio: 14.18
• Forward P/E Ratio: 7.40
• P/E Growth: N/A
• Net Income: $370,000.00
• Net Margins: 20.97%
• Pretax Margin: 20.97%
• Return on Equity: 12.14%
• Return on Assets: 4.75%

Debt

• Debt-to-Equity Ratio: 1.49
• Current Ratio: 4.37
• Quick Ratio: 4.37

Sales & Book Value

• Annual Sales: $18.11 million
• Price / Sales: 10.18
• Cash Flow: $1.15 per share
• Price / Cash Flow: 7.41
• Book Value: $9.40 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 21,670,000
• Free Float: N/A
• Market Cap: $184.41 million
• Optionable: Optionable
• Beta: 1.03