Monroe Capital Corporation (MRCC)
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MRCC stock is "Strong Buy" and the 12-month stock price forecast is $9.0.
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 ...
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.
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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....
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...