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NASDAQ:MRCC

Monroe Capital (MRCC) Stock Price, News & Analysis

$8.05
+0.02 (+0.25%)
(As of 09/18/2024 ET)

About Monroe Capital Stock (NASDAQ:MRCC)

Key Stats

Today's Range
$7.90
$8.09
50-Day Range
$7.14
$8.09
52-Week Range
$6.69
$8.14
Volume
51,421 shs
Average Volume
61,788 shs
Market Capitalization
$174.44 million
P/E Ratio
805.81
Dividend Yield
12.42%
Price Target
$9.00
Consensus Rating
Buy

Company Overview

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 minority equity investments.

Monroe Capital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 50th Percentile

Monroe Capital scored higher than 50% of companies evaluated by MarketBeat, and ranked 601st out of 928 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Monroe Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Monroe Capital has received no research coverage in the past 90 days.

  • Read more about Monroe Capital's stock forecast and price target.
  • Earnings Growth

    Earnings for Monroe Capital are expected to decrease by -8.04% in the coming year, from $1.12 to $1.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Monroe Capital is 805.81, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.08.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Monroe Capital is 805.81, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 48.29.

  • Price to Book Value per Share Ratio

    Monroe Capital has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Monroe Capital's valuation and earnings.
  • Percentage of Shares Shorted

    0.49% of the float of Monroe Capital has been sold short.
  • Short Interest Ratio / Days to Cover

    Monroe Capital has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monroe Capital has recently decreased by 10.98%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Monroe Capital is a leading dividend payer. It pays a dividend yield of 12.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Monroe Capital does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Monroe Capital is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Monroe Capital will have a dividend payout ratio of 97.09% in the coming year. This indicates that Monroe Capital may not be able to sustain their current dividend.

  • Read more about Monroe Capital's dividend.
  • Percentage of Shares Shorted

    0.49% of the float of Monroe Capital has been sold short.
  • Short Interest Ratio / Days to Cover

    Monroe Capital has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Monroe Capital has recently decreased by 10.98%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Monroe Capital has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Monroe Capital this week, compared to 2 articles on an average week.
  • Search Interest

    15 people have searched for MRCC on MarketBeat in the last 30 days. This is an increase of 114% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Monroe Capital to their MarketBeat watchlist in the last 30 days.
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MRCC Stock News Headlines

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Monroe Capital Corp BDC
Oppenheimer Keeps Their Hold Rating on Monroe Capital (MRCC)
See More Headlines

MRCC Stock Analysis - Frequently Asked Questions

Monroe Capital's stock was trading at $7.07 at the beginning of 2024. Since then, MRCC stock has increased by 13.9% and is now trading at $8.05.
View the best growth stocks for 2024 here
.

Monroe Capital Co. (NASDAQ:MRCC) issued its earnings results on Wednesday, August, 7th. The financial services provider reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.05. The financial services provider had revenue of $15.63 million for the quarter, compared to the consensus estimate of $15.10 million. Monroe Capital had a net margin of 12.59% and a trailing twelve-month return on equity of 11.47%.

Monroe Capital's top institutional shareholders include Magnolia Capital Advisors LLC (1.90%), Commonwealth Equity Services LLC, HB Wealth Management LLC and Ritholtz Wealth Management.
View institutional ownership trends
.

Shares of MRCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Monroe Capital investors own include Energy Transfer (ET), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Intelsat (I), Annaly Capital Management (NLY), Ares Capital (ARCC) and AGNC Investment (AGNC).

Company Calendar

Ex-Dividend for 6/28 Dividend
6/17/2024
Dividend Payable
6/28/2024
Last Earnings
8/07/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Today
9/18/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Real Estate
Current Symbol
NASDAQ:MRCC
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+11.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$370,000.00
Pretax Margin
12.59%

Debt

Sales & Book Value

Annual Sales
$12.80 million
Cash Flow
$1.12 per share
Book Value
$9.40 per share

Miscellaneous

Free Float
N/A
Market Cap
$175.31 million
Optionable
Optionable
Beta
1.03
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This page (NASDAQ:MRCC) was last updated on 9/18/2024 by MarketBeat.com Staff
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