Monroe Capital Corporation (MRCC)

NASDAQ: MRCC · Real-Time Price · USD
7.85
+0.03 (0.38%)
Sep 16, 2024, 4:00 PM EDT - Market closed
0.38%
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]

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
(14.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

6 days 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...

11 days 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...

13 days 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...

16 days 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...

19 days 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...

25 days 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...

27 days 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...

4 weeks 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...

5 weeks 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...

5 weeks 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.

5 weeks 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...

7 weeks 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....

7 weeks 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
7 weeks ago - Seeking Alpha

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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 (...

3 months ago - Business Wire

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...

3 months ago - Business Wire