Monroe Capital Corporation (MRCC)
Market Cap | 170.08M |
Revenue (ttm) | 61.96M |
Net Income (ttm) | 7.80M |
Shares Out | 21.67M |
EPS (ttm) | 0.36 |
PE Ratio | 21.47 |
Forward PE | 7.32 |
Dividend | $1.00 (12.94%) |
Ex-Dividend Date | Sep 16, 2024 |
Volume | 78,037 |
Open | 7.96 |
Previous Close | 7.82 |
Day's Range | 7.73 - 7.98 |
52-Week Range | 6.69 - 8.14 |
Beta | 1.08 |
Analysts | Strong Buy |
Price Target | 9.00 (+14.65%) |
Earnings Date | Nov 6, 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 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...
Monroe Capital Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
CHICAGO, July 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its second quarter 2024 financial results on Wednesday, August ...
Monroe Capital Supports PrecisionX Group's Acquisition of National Manufacturing Co.
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 Natio...
Monroe Capital Supports Protos Security's Acquisition of Summit Off Duty Services
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 Summi...
KBRA Assigns Preliminary Ratings to Monroe Capital ABS Funding II, LP
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of debt issued by Monroe Capital ABS Funding II, LP ("MCAF 2024-1"), a securitization backed by a port...
Monroe Capital Supports Superior Waste Industries, LLC'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 Shaw...
Monroe Capital Supports Specialized Packaging Group's Acquisition of Clark Foam Corporation
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 acquisition of Clar...
Monroe Capital Supports Haveli Investments' Acquisition of ZeroFox
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 ZeroF...
Monroe Capital Supports Growth of Signal 88, LLC
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Signal 88, LLC ...
Monroe Capital: The Risks Are Still Too Excessive To Go Long
Monroe Capital (MRCC) has outperformed the BDC market despite my previous concerns about its risk profile. Yet, Q1 2024 earnings show a decrease in underlying NAV and a decline in adjusted net investm...
Monroe Capital Supports Zenyth Partners' The Smilist Management
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 continued growth of The Smilist Management (...
Monroe Capital Supports Sheer Logistics' Acquisition of CargoBarn
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...