Monroe Capital (MRCC) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Monroe Capital in the last twelve months. 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.

2 brokers have issued 1-year target prices 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 year. This suggests a possible upside of 20.4% from the stock's current price.
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Monroe Capital's stock was trading at $7.07 at the beginning of 2024. Since then, MRCC shares have decreased by 0.1% and is now trading at $7.06.
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Monroe Capital saw a decline in short interest in March. As of March 31st, there was short interest totaling 55,700 shares, a decline of 21.1% from the March 15th total of 70,600 shares. Based on an average daily volume of 67,300 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are sold short.
View Monroe Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MRCC earnings forecast.

Monroe Capital Co. (NASDAQ:MRCC) issued its quarterly earnings data on Monday, March, 11th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.02. The financial services provider earned $15.50 million during the quarter, compared to the consensus estimate of $16.37 million. Monroe Capital had a net margin of 0.58% and a trailing twelve-month return on equity of 11.24%.

Monroe Capital declared a quarterly dividend on Tuesday, March 5th. Investors of record on Friday, March 15th will be given a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 14.16%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for MRCC.

Monroe Capital (NASDAQ:MRCC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 14.02%. MRCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,002.50%. 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.

Kingsbarn Dividend Opportunity ETF holds 132 shares of MRCC stock, representing 0.17% of its portfolio.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monroe Capital investors own include Energy Transfer (ET), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Intelsat (I), Annaly Capital Management (NLY), Ares Capital (ARCC), AGNC Investment (AGNC), AMC Entertainment (AMC), NGL Energy Partners (NGL) and TriplePoint Venture Growth BDC (TPVG).

Monroe Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include International Assets Investment Management LLC (0.00%) and Chapin Davis Inc. (0.00%). Insiders that own company stock include Jeffrey D Steele and Thomas J Allison.
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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.
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