Monroe Capital Corporation (MRCC)

NASDAQ: MRCC · Real-Time Price · USD
8.50
-0.01 (-0.12%)
Nov 21, 2024, 11:19 AM EST - Market open
-0.12%
Market Cap 184.16M
Revenue (ttm) 62.01M
Net Income (ttm) 13.00M
Shares Out 21.67M
EPS (ttm) 0.60
PE Ratio 14.20
Forward PE 8.11
Dividend $1.00 (11.74%)
Ex-Dividend Date Sep 16, 2024
Volume 16,951
Open 8.53
Previous Close 8.51
Day's Range 8.47 - 8.55
52-Week Range 6.77 - 8.64
Beta 1.08
Analysts Strong Buy
Price Target 9.00 (+5.88%)
Earnings Date Nov 12, 2024

About 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 mino... [Read more]

Sector Financials
IPO Date Oct 25, 2012
Country United States
Stock Exchange NASDAQ
Ticker Symbol MRCC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for MRCC stock is "Strong Buy" and the 12-month stock price forecast is $9.0.

Price Target
$9.0
(5.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Monroe Capital (MRCC) Q3 2024 Earnings Call Transcript

Monroe Capital (NASDAQ:MRCC) Q3 2024 Earnings Call Transcript November 13, 2024 11:00 AM ET Company Participants Ted Koenig - CEO Mick Solimene - CFO and CIO Alex Parmacek - Deputy Portfolio Manager ...

6 days ago - Seeking Alpha

Monroe Capital Corporation BDC Announces Third Quarter 2024 Results

CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the third quarter ended September 30, 2024.

8 days ago - GlobeNewsWire

Monroe Capital Closes Inaugural $315 Million Collateralized Fund Obligation

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of its inaugural collateralized fund obligation (“CFO”) known as Monroe Capital CFO I, Ltd. The $315 million CFO pro...

14 days ago - Business Wire

KBRA Assigns Preliminary Ratings to Monroe Capital Income Plus ABS Funding II, LLC

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding II, LLC (“MCIP II”), a securitization backe...

14 days ago - Business Wire

Monroe Capital Named to Inc.'s 2024 List of Founder-Friendly Investors

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) has been selected by Inc. Magazine's 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms ...

20 days ago - Business Wire

Monroe Capital Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call

CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter ended September 30, 2024 financial results on...

4 weeks ago - GlobeNewsWire

Monroe Capital Supports the Growth of Izzio Artisan Bakery

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Arti...

5 weeks ago - Business Wire

Monroe Capital Supports Cloudbreak Health, LLC's Acquisition of Voyce Global

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Clo...

6 weeks ago - Business Wire

Monroe Capital Supports Relevate Health Group's Acquisition of Level Ex Games Pharma and Life Sciences Division

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of the L...

7 weeks ago - Business Wire

White House Partners with Monroe Capital to Launch New Strategy to Support U.S. Automotive Industry Growth Initiatives and American Autoworkers

CHICAGO--(BUSINESS WIRE)--The White House selected Monroe Capital LLC (“Monroe”) to develop a first-of-its-kind investment strategy focused on supporting businesses operating in the U.S. automotive su...

2 months ago - Business Wire

Monroe Capital Supports Point 41 Capital Partners' Acquisitions of Georgia Water & Fire Restoration and Property Medics of Georgia

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Point 41 Capital Partner...

2 months ago - Business Wire

Monroe Capital Supports PrecisionX Group's Add-on Acquisitions

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditr...

2 months ago - Business Wire

Monroe Capital Supports RCap Equity Partners' Investment in Northeast Contracting Corp.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support...

2 months ago - Business Wire

Monroe Capital Corporation Announces Third Quarter Distribution of $0.25 Per Share

CHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the...

2 months ago - GlobeNewsWire

Monroe Capital: Optical Improvements And Weak Fundamentals

Monroe Capital (MRCC) has recently managed to outperform the broader BDC market, partly due to some additional certainty on the dividend coverage front after the Q2 report. However, if we dig deeper i...

2 months ago - Seeking Alpha

Monroe Capital Supports Sunstone Partners' EverService Holdings LLC

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the future growth of Eve...

3 months ago - Business Wire

Monroe Capital Supports Huron Capital's Rampart Exterior Services Add-on Acquisition

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquis...

3 months ago - Business Wire

Monroe Capital Supports Goldman Sachs Alternatives' Acquisition of Xpress Wellness

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support...

3 months ago - Business Wire

Monroe Capital Supports Medusind's Add-on Acquisitions

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisitions of Bil...

3 months ago - Business Wire

Monroe Capital Corporation (MRCC) Q2 2024 Earnings Call Transcript

Monroe Capital Corporation (NASDAQ:MRCC) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ted Koeing - Chief Executive Officer Mick Solimene - Chief Investment Officer...

3 months ago - Seeking Alpha

Monroe Capital Leads ~$300mm Asset-Based Financing to Triad Financial Services, Inc.

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Triad Financial Services, Inc. (“Triad”) to originate an...

3 months ago - Business Wire

Monroe Capital Corporation BDC Announces Second Quarter 2024 Results

CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the second quarter ended June 30, 2024.

3 months ago - GlobeNewsWire

Monroe Capital Closes $561.8 Million Collateralized Loan Obligation XVI

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of a $561.8 million term debt securitization known as Monroe Capital MML CLO XVI, LTD. The term financing was Monroe...

4 months ago - Business Wire

KBRA Assigns Rating to Monroe Capital Income Plus Corporation's $204 Million Senior Unsecured Notes due 2029

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to Monroe Capital Income Plus Corporation's (“MCIP” or “the company”) $204 million 7.47% senior unsecured notes due 2029....

4 months ago - Business Wire

3 Above-10% Yielding BDCs To Play The Private Credit Boom

Private credit funds and business development corporations often offer 10% yields. Some of these funds are locked up for long periods, causing liquidity problems. Listed BDCs are not. Wall Street is w...

Other symbols: GSBDOCSL
4 months ago - Seeking Alpha