Monroe Capital Corp Company Profile (NASDAQ:MRCC)

About Monroe Capital Corp

Monroe Capital Corp logoMonroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity. The Company provides customized financing solutions focused primarily on senior secured, junior secured and unitranche (a combination of senior secured and junior secured debt in the same facility) debt, and subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The Company's investment activities are managed by its investment advisor, Monroe Capital BDC Advisors, LLC (MC Advisors).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Mortgage Investment
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MRCC
  • CUSIP:
Key Metrics:
  • Previous Close: $16.09
  • 50 Day Moving Average: $15.55
  • 200 Day Moving Average: $15.38
  • 52-Week Range: $11.96 - $16.37
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.12
  • P/E Growth: 2.00
  • Market Cap: $N/A
  • Beta: 0.55
Profitability:
  • Net Margins: 47.93%
  • Return on Equity: 11.09%
  • Return on Assets: 6.02%
Debt:
  • Debt-to-Equity Ratio: 0.59%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.71%
Additional Links:
Companies Related to Monroe Capital Corp:

Analyst Ratings

Consensus Ratings for Monroe Capital Corp (NASDAQ:MRCC) (?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $16.70 (3.79% upside)

Analysts' Ratings History for Monroe Capital Corp (NASDAQ:MRCC)
Show:
DateFirmActionRatingPrice TargetDetails
1/9/2017Robert W. BairdDowngradeOutperform -> Neutral$16.00View Rating Details
11/9/2016JMP SecuritiesReiterated RatingBuyView Rating Details
11/9/2016National SecuritiesReiterated RatingBuy$17.00View Rating Details
8/16/2016Raymond James Financial, Inc.Initiated CoverageOutperform$18.50View Rating Details
8/10/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralView Rating Details
7/21/2016WunderlichBoost Price TargetBuy$15.50 -> $16.00View Rating Details
7/20/2016FBR & CoReiterated RatingBuyView Rating Details
4/27/2016Janney Montgomery ScottReiterated RatingBuyView Rating Details
11/10/2015Oppenheimer Holdings, Inc.Reiterated RatingBuy$15.00View Rating Details
7/16/2015StephensInitiated CoverageOverweight$17.00View Rating Details
5/1/2015MLV & Co.Reiterated RatingBuy$17.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Monroe Capital Corp (NASDAQ:MRCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/2/2017        
11/7/2016Q3$0.39$0.37ViewListenView Earnings Details
5/10/2016Q1$0.39$0.44ViewN/AView Earnings Details
3/4/2016Q4$0.40$0.39ViewN/AView Earnings Details
11/9/2015Q315$0.40$0.36$9.31 millionViewN/AView Earnings Details
8/10/2015Q215$0.37$0.43$8.11 millionViewListenView Earnings Details
5/11/2015Q1$0.39$0.44ViewN/AView Earnings Details
3/6/2015Q414$0.37$0.48$7.50 millionViewN/AView Earnings Details
11/10/2014$0.36$0.39ViewN/AView Earnings Details
8/11/2014$0.33$0.37ViewN/AView Earnings Details
5/12/2014$0.30$0.32ViewN/AView Earnings Details
3/7/2014Q413$0.28$0.31$5.34 millionViewN/AView Earnings Details
11/12/2013$0.28$0.27ViewN/AView Earnings Details
8/13/2013$0.33$0.27ViewN/AView Earnings Details
5/14/2013$0.33$0.29ViewN/AView Earnings Details
3/8/2013Q412$0.20$0.15$1.82 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Monroe Capital Corp (NASDAQ:MRCC)
Current Year EPS Consensus Estimate: $1.61 EPS
Next Year EPS Consensus Estimate: $1.59 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.40$0.42$0.41
Q2 20164$0.38$0.41$0.40
Q3 20164$0.36$0.40$0.39
Q4 20164$0.37$0.41$0.39
Q1 20173$0.36$0.41$0.38
Q2 20173$0.39$0.42$0.40
Q3 20173$0.39$0.44$0.41
Q4 20173$0.38$0.40$0.39
Q1 20181$0.43$0.43$0.43
Q2 20181$0.44$0.44$0.44
Q3 20181$0.43$0.43$0.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Monroe Capital Corp (NASDAQ:MRCC)
Annual Dividend:$1.40
Dividend Yield:8.70%
Payout Ratio:88.61% (Based on Trailing 12 Months of Earnings)
86.96% (Based on Current Year Consensus EPS Estimate)
88.05% (Based on Next Year Consensus EPS Estimate)

Dividend History for Monroe Capital Corp (NASDAQ:MRCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/1/2016quarterly$0.359.21%12/13/201612/15/201612/30/2016
8/31/2016quarterly$0.358.75%9/13/20169/15/20169/30/2016
6/2/2016quarterly$0.359.45%6/13/20166/15/20166/30/2016
3/4/2016quarterly$0.3510.76%3/11/20163/15/20163/31/2016
12/1/2015quarterly$0.359.48%12/11/201512/15/201512/30/2015
9/2/2015quarterly$0.359.43%9/11/20159/15/20159/30/2015
6/2/2015quarterly$0.359.35%6/11/20156/15/20156/30/2015
3/9/2015quarterly$0.359.17%3/18/20153/20/20153/31/2015
12/1/2014quarterly$0.3412/11/201412/15/201412/30/2014
8/27/2014quarterly$0.349.84%9/11/20149/15/20149/30/2014
5/29/2014quarterly$0.349.79%6/11/20146/13/20146/27/2014
3/7/2014quarterly$0.3410.31%3/14/20143/18/20143/28/2014
12/2/2013quarterly$0.3410.79%12/11/201312/13/201312/27/2013
8/30/2013quarterly$0.349.73%9/11/20139/13/20139/27/2013
5/31/2013quarterly$0.348.95%6/12/20136/14/20136/28/2013
3/8/2013quarterly$0.348.97%3/15/20133/19/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Monroe Capital Corp (NASDAQ:MRCC)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 29.67%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/9/2016Theodore L. KoenigChairmanBuy18,773$15.29$287,039.17View SEC Filing  
3/17/2016Theodore L KoenigCEOBuy7,017$13.98$98,097.66View SEC Filing  
12/16/2015Theodore L. KoenigCEOBuy8,752$13.64$119,377.28View SEC Filing  
8/24/2015Theodore L KoenigCEOBuy4,200$13.81$58,002.00View SEC Filing  
12/6/2013Theodore KoenigCEOBuy15,564$12.51$194,705.64View SEC Filing  
12/4/2013Theodore KoenigCEOBuy19,136$12.68$242,644.48View SEC Filing  
11/30/2013Jeffrey SteeleDirectorBuy5,575$13.00$72,475.00View SEC Filing  
11/18/2013Thomas AllisonDirectorBuy4,000$12.82$51,280.00View SEC Filing  
8/16/2013Jeffrey SteeleDirectorBuy3,000$13.52$40,560.00View SEC Filing  
8/16/2013Theodore KoenigCEOBuy16,224$13.50$219,024.00View SEC Filing  
8/15/2013Theodore KoenigInsiderBuy18,000$13.63$245,340.00View SEC Filing  
10/24/2012Aaron Daniel PeckCFOBuy3,400$15.00$51,000.00View SEC Filing  
10/24/2012Robert S RubinDirectorBuy16,500$15.00$247,500.00View SEC Filing  
10/24/2012Theodore L KoenigCEOBuy66,667$15.00$1,000,005.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Monroe Capital Corp (NASDAQ:MRCC)
DateHeadline
News IconMonroe Capital Corporation (NASDAQ:MRCC) Under Analyst Spotlight - UK Market News (NASDAQ:MRCC)
www.ukmarketnews.co.uk - February 24 at 4:00 PM
globenewswire.com logoMonroe Capital Corporation Schedules Fourth Quarter and Full Year 2016 Earnings Release and Conference Call - GlobeNewswire (press release) (NASDAQ:MRCC)
globenewswire.com - February 24 at 4:00 PM
News IconContinuing It's Run, Stock Touches New Peak: Monroe Capital Corporation (NASDAQ:MRCC) - Aiken Advocate (NASDAQ:MRCC)
aikenadvocate.com - February 24 at 4:00 PM
4-traders.com logoMonroe Capital : Expands its Syndicated Credit Facility to $200 Million (NASDAQ:MRCC)
www.4-traders.com - February 24 at 9:19 AM
News IconShares Picking Up Steam: Monroe Capital Corporation (NASDAQ:MRCC) - Aiken Advocate (NASDAQ:MRCC)
aikenadvocate.com - February 23 at 6:43 PM
marketexclusive.com logoMonroe Capital Corporation (NASDAQ:MRCC) Files An 8-K Creation of a Direct Financial Obligation or an Obligation ... - Market Exclusive (NASDAQ:MRCC)
marketexclusive.com - February 23 at 6:43 PM
biz.yahoo.com logoMONROE CAPITAL CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balan (NASDAQ:MRCC)
biz.yahoo.com - February 23 at 6:43 PM
News IconSell-side Taking Aim at Shares of Monroe Capital Corporation (NASDAQ:MRCC) - Aiken Advocate (NASDAQ:MRCC)
aikenadvocate.com - February 23 at 8:12 AM
globenewswire.com logoMonroe Capital Corporation Expands its Syndicated Credit Facility to $200 Million - GlobeNewswire (press release) (NASDAQ:MRCC)
www.globenewswire.com - February 23 at 8:12 AM
feeds.benzinga.com logoMonroe Capital Corporation Expands its Syndicated Credit Facility to $200 Million (NASDAQ:MRCC)
feeds.benzinga.com - February 23 at 7:42 AM
finance.yahoo.com logoMonroe Capital Corporation Schedules Fourth Quarter and Full Year 2016 Earnings Release and Conference Call (NASDAQ:MRCC)
finance.yahoo.com - February 22 at 6:46 PM
investornewswire.com logoMonroe Capital Corporation (NASDAQ:MRCC) Sales Estimates At $59.853 - Investor Newswire (NASDAQ:MRCC)
www.investornewswire.com - February 22 at 8:29 AM
realistinvestor.com logoThe Growth Forecast For Monroe Capital Corporation (NASDAQ:MRCC) - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - February 7 at 8:15 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Monroe Capital Corporation (NASDAQ:MRCC)? - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 31 at 7:33 PM
realistinvestor.com logoMonroe Capital Corporation (NASDAQ:MRCC) Analysts Rating At 1.56 - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - January 31 at 12:22 AM
News IconAre Insiders Bumping Up Their Positions in Monroe Capital Corporation (NASDAQ:MRCC) - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 31 at 12:22 AM
News IconAnalysts Take: Monroe Capital Corporation (NASDAQ:MRCC) Projected Earnings & Price Targets - Aiken Advocate (NASDAQ:MRCC)
aikenadvocate.com - January 26 at 10:18 PM
News IconEarnings in Full Force, Analysts Take Aim at Monroe Capital Corporation (NASDAQ:MRCC) - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 24 at 7:24 PM
News IconChecking Indicator Levels for Monroe Capital Corporation (MRCC) - Market Point (NASDAQ:MRCC)
mtptnews.com - January 23 at 11:59 PM
News IconAre Insiders Filling Their Own Pockets With Shares? Insider Update on Monroe Capital Corporation (NASDAQ:MRCC) - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 23 at 6:58 PM
realistinvestor.com logoAnalysts Rating Of Monroe Capital Corporation (NASDAQ:MRCC) At 1.56 - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - January 23 at 6:58 PM
News IconWhat are Brokerage Firms Saying About Monroe Capital Corporation (NASDAQ:MRCC)? - Aiken Advocate (NASDAQ:MRCC)
aikenadvocate.com - January 19 at 8:55 PM
News IconStock Rating: How Analysts Feel About Monroe Capital Corp (NASDAQ:MRCC)? - Fair View Times (NASDAQ:MRCC)
fairviewtimes.com - January 19 at 8:55 PM
News IconTracking Corporate Insiders: What Are They Doing With Monroe Capital Corporation (NASDAQ:MRCC) - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 18 at 7:55 AM
News IconWill The Needle Move For Monroe Capital Corporation (NASDAQ:MRCC) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:MRCC)
wsbeacon.com - January 18 at 7:55 AM
News IconRatings Don't Lie: Robert W. Baird Cuts Monroe Capital (NASDAQ:MRCC) To Neutral. The Target is Set to $16 - Thorold News (NASDAQ:MRCC)
www.whatsonthorold.com - January 10 at 8:07 AM
marketexclusive.com logoAnalyst Downgrades – Monroe Capital Corporation (NASDAQ:MRCC) Stock Gets Downgraded By Robert W. Baird ... - Market Exclusive (NASDAQ:MRCC)
marketexclusive.com - January 10 at 8:07 AM
finance.yahoo.com logoMonroe Capital downgraded by Robert W. Baird (NASDAQ:MRCC)
finance.yahoo.com - January 9 at 7:22 PM
investornewswire.com logoSentiments And Ratings Alert: Monroe Capital Corporation (NASDAQ:MRCC) - Investor Newswire (NASDAQ:MRCC)
www.investornewswire.com - January 7 at 10:15 PM
realistinvestor.com logoThe Growth Predict For Monroe Capital Corporation (NASDAQ:MRCC) - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - January 4 at 4:29 AM
realistinvestor.com logoMonroe Capital Corporation (NASDAQ:MRCC) Bearish Stock Price Estimate At 1.33 - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - December 26 at 6:05 PM
investornewswire.com logoMonroe Capital Corporation (NASDAQ:MRCC) Records An Impact Score Of 50 - Investor Newswire (NASDAQ:MRCC)
www.investornewswire.com - December 22 at 6:57 PM
seekingalpha.com logoDiscover Financial Services: 4 Reasons To Buy The Stock Despite The Recent Surge In Price (NASDAQ:MRCC)
seekingalpha.com - December 14 at 7:20 PM
News IconR-BB hoping to attract students with new commercial airing in movie theaters (NASDAQ:MRCC)
www.heraldtimesonline.com - December 8 at 4:41 PM
biz.yahoo.com logoMONROE CAPITAL CORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:MRCC)
biz.yahoo.com - December 6 at 9:54 AM
nasdaq.com logoMonroe Capital Corporation Announces Fourth Quarter Distribution ... - Nasdaq (NASDAQ:MRCC)
www.nasdaq.com - December 2 at 6:21 PM
News IconMonroe Capital Corporation Announces Fourth Quarter Distribution ... - EconoTimes (NASDAQ:MRCC)
www.econotimes.com - November 30 at 11:51 PM
finance.yahoo.com logoMonroe Capital Corporation Announces Fourth Quarter Distribution of $0.35 Per Share (NASDAQ:MRCC)
finance.yahoo.com - November 30 at 6:49 PM
wsj.com logo[$$] Tower Arch Recapitalizes Communication Technology Company Corbett (NASDAQ:MRCC)
www.wsj.com - November 29 at 2:47 PM
investornewswire.com logoExpected For Monroe Capital Corporation (NASDAQ:MRCC) Sales Of $59.853 - Investor Newswire (NASDAQ:MRCC)
www.investornewswire.com - November 22 at 6:24 PM
News IconReviewing Individual Broker Targets Of Monroe Capital Corporation (NASDAQ:MRCC) - NewsDen (NASDAQ:MRCC)
newsden.net - November 22 at 10:26 AM
finance.yahoo.com logoMONROE CAPITAL CORP Financials (NASDAQ:MRCC)
finance.yahoo.com - November 16 at 6:35 PM
News IconInvestor Sphere: Keeping an Eye on Levels for Monroe Capital Corporation (MRCC) - StockTalk Daily (NASDAQ:MRCC)
stocktalkdaily.com - November 16 at 9:55 AM
investornewswire.com logoMonroe Capital Corporation (NASDAQ:MRCC) Rating At 1.33 - Investor Newswire (NASDAQ:MRCC)
www.investornewswire.com - November 12 at 6:21 PM
seekingalpha.com logoMonroe Capital's (MRCC) CEO Ted Koenig on Q3 2016 Results - Earnings Call Transcript (NASDAQ:MRCC)
seekingalpha.com - November 10 at 5:57 PM
seekingalpha.com logoMonroe Capital's (MRCC) CEO Ted Koenig on Q3 2016 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:MRCC)
seekingalpha.com - November 9 at 8:37 AM
finance.yahoo.com logoEdited Transcript of MRCC earnings conference call or presentation 8-Nov-16 5:00pm GMT (NASDAQ:MRCC)
finance.yahoo.com - November 9 at 8:37 AM
realistinvestor.com logoThe Growth Forecast For:Monroe Capital Corporation (NASDAQ:MRCC) - RealistInvestor.com (NASDAQ:MRCC)
www.realistinvestor.com - November 7 at 6:50 PM
nasdaq.com logoMonroe Capital Corporation BDC Announces Strong Third Quarter Financial Results - Nasdaq (NASDAQ:MRCC)
www.nasdaq.com - November 7 at 6:50 PM
sg.finance.yahoo.com logoMonroe Capital misses Street 3Q forecasts (NASDAQ:MRCC)
sg.finance.yahoo.com - November 7 at 6:50 PM

Social

What is Monroe Capital Corp's stock symbol?

Monroe Capital Corp trades on the NASDAQ under the ticker symbol "MRCC."

How often does Monroe Capital Corp pay dividends? What is the dividend yield for Monroe Capital Corp?

Monroe Capital Corp declared a quarterly dividend on Thursday, December 1st. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.35 per share on Friday, December 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date is Tuesday, December 13th.

Where is Monroe Capital Corp's stock going? Where will Monroe Capital Corp's stock price be in 2017?

8 brokers have issued 12 month price objectives for Monroe Capital Corp's shares. Their forecasts range from $16.00 to $18.50. On average, they expect Monroe Capital Corp's stock price to reach $16.70 in the next year.

When will Monroe Capital Corp announce their earnings?

Monroe Capital Corp is scheduled to release their next quarterly earnings announcement on Thursday, March, 2nd 2017.

What are analysts saying about Monroe Capital Corp stock?

Here are some recent quotes from research analysts about Monroe Capital Corp stock:

  • According to Zacks Investment Research, "Monroe Capital Corporation is a non-diversified closed-end management investment company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through investments in senior, unitranche and junior secured debt and unsecured debt and equity investments. Monroe Capital Corporation is headquartered in Chicago. " (11/9/2016)

  • National Securities analysts commented, "3Q16 Recap: Monroe Capital Corp. (MRCC) reported $0.37/share of adjusted NII for 3Q16 versus our estimate of $0.40 and consensus estimates of $0.39. The earnings miss was likely attributable to the equity issuance the company completed during the quarter. Monroe had originations and purchases of $49.8 million during the quarter versus sales and repayments of $15.1 million. NAV/share decreased slightly Q/Q to $14.42 from $14.50, largely as a result of unrealized depreciation stemming from further write-downs of TPP Acquisition – Monroe’s only non-accrual loan. The deleveraging from the $52.6 million net equity issuance during the quarter brought regulatory D/E (debt-to-equity) down to 0.44x from 0.69x the quarter prior and the company has the ability to issue an additional $75.0 million of SBA (Small Business Administration) debentures. This should drive portfolio growth and NII ROAE (return on average equity) higher through the remainder of 2016 and 2017. We are revising our 2016 adjusted NII/share estimate from $1.70 to $1.69 and are revising our 2017adjusted NII/share from $1.74 to $1.76. Our $17 price target implies an estimated 2017 Price/Net Investment Income (P/ NII) of 9.7x, dividend yield of 8.2%, and Price/Net Asset Value (P/NAV) of 1.11x compared to the BDC sector averages of 8.9x, 10.6%, and 0.84x, respectively." (11/9/2016)

Who owns Monroe Capital Corp stock?

Monroe Capital Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Advisory Research Inc. (0.00%), Bard Associates Inc. (0.00%), Two Sigma Investments LP (0.00%), Ladenburg Thalmann Financial Services Inc. (0.00%), Baird Financial Group Inc. (0.00%) and Raymond James Financial Services Advisors Inc. (0.00%).

Who sold Monroe Capital Corp stock? Who is selling Monroe Capital Corp stock?

Monroe Capital Corp's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Raymond James Financial Services Advisors Inc. and Bard Associates Inc..

Who bought Monroe Capital Corp stock? Who is buying Monroe Capital Corp stock?

Monroe Capital Corp's stock was bought by a variety of institutional investors in the last quarter, including Advisory Research Inc., Ladenburg Thalmann Financial Services Inc., Freestone Capital Holdings LLC and Baird Financial Group Inc..

How do I buy Monroe Capital Corp stock?

Shares of Monroe Capital Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Monroe Capital Corp stock cost?

One share of Monroe Capital Corp stock can currently be purchased for approximately $16.09.

Monroe Capital Corp (NASDAQ:MRCC) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Monroe Capital Corp (NASDAQ:MRCC)

Earnings History Chart

Earnings by Quarter for Monroe Capital Corp (NASDAQ:MRCC)

Dividend History Chart

Dividend Payments by Quarter for Monroe Capital Corp (NASDAQ:MRCC)

Last Updated on 2/26/2017 by MarketBeat.com Staff