NASDAQ:MRCC

Monroe Capital (MRCC) Stock Price, News & Analysis

$7.20
+0.07 (+0.98%)
(As of 04/22/2024 ET)
Today's Range
$7.12
$7.30
50-Day Range
$6.99
$7.55
52-Week Range
$6.69
$8.85
Volume
87,919 shs
Average Volume
67,064 shs
Market Capitalization
N/A
P/E Ratio
360.18
Dividend Yield
13.89%
Price Target
$8.50

Monroe Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.1% Upside
$8.50 Price Target
Short Interest
Healthy
0.27% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.11mentions of Monroe Capital in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.63 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

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Monroe Capital Supports Growth of Exiger
Here’s how to start a “Weekend Side Hustle” from your sofa
Here’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.
MRCC Apr 2024 7.500 call
Here's what to expect from Monroe Capital's earnings
Monroe Capital: Q4 Earnings Snapshot
Monroe Capital Corporation (MRCC)
See More Headlines
Receive MRCC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Monroe Capital and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/11/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
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
+18.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$370,000.00
Pretax Margin
0.58%

Debt

Sales & Book Value

Annual Sales
$64.30 million
Cash Flow
$1.12 per share
Book Value
$9.40 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.06
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

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 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.

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

2 brokerages have issued 1-year price targets for Monroe Capital's shares. 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 18.1% 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 2024. Since then, MRCC shares have increased by 1.8% and is now trading at $7.20.
View the best growth stocks for 2024 here
.

Are investors shorting Monroe Capital?

Monroe Capital saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 55,700 shares, a decrease of 21.1% from the March 15th total of 70,600 shares. Based on an average daily trading volume, of 67,300 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company's stock 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, May 8th 2024.
View our MRCC earnings forecast
.

How can I listen to Monroe Capital's earnings call?

Monroe Capital will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Monroe Capital's earnings last quarter?

Monroe Capital Co. (NASDAQ:MRCC) announced its earnings results on Monday, March, 11th. The financial services provider reported $0.26 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 analysts' expectations of $16.37 million. Monroe Capital had a trailing twelve-month return on equity of 11.24% and a net margin of 0.58%.

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 dividend yield of 13.89%. 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 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.

What ETF holds Monroe Capital's stock?

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

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

Monroe Capital's stock is owned by a number of retail and institutional investors. Top institutional investors 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.
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 4/23/2024 by MarketBeat.com Staff

From Our Partners