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NASDAQ:MRCC

Monroe Capital (MRCC) Stock Price, News & Analysis

$7.36
-0.12 (-1.60%)
(As of 05/29/2024 ET)
Today's Range
$7.36
$7.43
50-Day Range
$7.02
$7.48
52-Week Range
$6.69
$8.85
Volume
39,935 shs
Average Volume
55,835 shs
Market Capitalization
N/A
P/E Ratio
736.74
Dividend Yield
13.59%
Price Target
$8.50

Monroe Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.5% Upside
$8.50 Price Target
Short Interest
Healthy
0.28% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Monroe Capital in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.99%
From $1.01 to $1.02 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

MRCC stock logo

About Monroe Capital Stock (NASDAQ:MRCC)

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.

MRCC Stock Price History

MRCC Stock News Headlines

Q1 2024 Monroe Capital Corp Earnings Call
Monroe Capital: Q1 Earnings Snapshot
Monroe Capital Supports Growth of Exiger
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Last Earnings
5/08/2024
Today
5/29/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Current Symbol
NASDAQ:MRCC
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.50
High Stock Price Target
$9.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$370,000.00
Pretax Margin
0.33%

Debt

Sales & Book Value

Annual Sales
$64.30 million
Cash Flow
$1.11 per share
Book Value
$9.40 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.04
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Key Executives

  • Mr. Theodore L. Koenig CPA (Age 65)
    J.D., President & CEO
  • Mr. Lewis W. Solimene Jr. (Age 64)
    CFO, Chief Investment Officer & Secretary
  • Aakash Bhansali
    Chief Accounting Officer
  • Ms. Kristan Renee Gregory (Age 42)
    Chief Compliance Officer
  • Mr. Kenneth Fahrman
    MD and Head of North America, Business Development & Institutional Funds

MRCC Stock Analysis - Frequently Asked Questions

Should I buy or sell Monroe Capital stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monroe Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MRCC shares.
View MRCC analyst ratings
or view top-rated stocks.

What is Monroe Capital's stock price target for 2024?

2 brokerages have issued 12-month price targets for Monroe Capital's stock. Their MRCC share price targets range from $8.00 to $9.00. On average, they expect the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price.
View analysts price targets for MRCC
or view top-rated stocks among Wall Street analysts.

How have MRCC shares performed in 2024?

Monroe Capital's stock was trading at $7.07 at the beginning of the year. Since then, MRCC stock has increased by 4.1% and is now trading at $7.36.
View the best growth stocks for 2024 here
.

Are investors shorting Monroe Capital?

Monroe Capital saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 58,600 shares, a decline of 21.9% from the April 30th total of 75,000 shares. Based on an average trading volume of 66,100 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company's shares are sold short.
View Monroe Capital's Short Interest
.

When is Monroe Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our MRCC earnings forecast
.

How were Monroe Capital's earnings last quarter?

Monroe Capital Co. (NASDAQ:MRCC) released its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.01. The financial services provider earned $15.18 million during the quarter, compared to analysts' expectations of $15.26 million. Monroe Capital had a trailing twelve-month return on equity of 10.98% and a net margin of 0.33%.

How often does Monroe Capital pay dividends? What is the dividend yield for Monroe Capital?

Monroe Capital announced a quarterly dividend on Tuesday, March 5th. Investors of record on Friday, March 15th will be paid a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 annualized dividend and a yield of 13.59%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for MRCC
.

Is Monroe Capital a good dividend stock?

Monroe Capital (NASDAQ:MRCC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 13.37%. MRCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10,010.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MRCC will have a dividend payout ratio of 98.04% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MRCC.

What other stocks do shareholders of Monroe Capital own?
Who are Monroe Capital's major shareholders?

Monroe Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Blair William & Co. IL (1.96%), Commonwealth Equity Services LLC (0.00%), HB Wealth Management LLC (0.00%), Quadrature Capital Ltd (0.00%), Oppenheimer & Co. Inc. (0.00%) and Chiron Capital Management LLC (0.00%). Insiders that own company stock include Jeffrey D Steele and Thomas J Allison.
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.

This page (NASDAQ:MRCC) was last updated on 5/30/2024 by MarketBeat.com Staff

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