Monroe Capital (MRCC) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Monroe Capital in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MRCC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MRCC, but not buy additional shares or sell existing shares.
View MRCC analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year price targets for Monroe Capital's shares. Their MRCC share price forecasts range from $8.00 to $8.00. On average, they anticipate the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for MRCC or view top-rated stocks among Wall Street analysts.

Monroe Capital's stock was trading at $8.54 on January 1st, 2023. Since then, MRCC shares have decreased by 15.1% and is now trading at $7.25.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our MRCC earnings forecast.

Monroe Capital Co. (NASDAQ:MRCC) issued its earnings results on Wednesday, August, 9th. The financial services provider reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. The financial services provider earned $16.35 million during the quarter, compared to analysts' expectations of $16.63 million. Monroe Capital had a net margin of 4.29% and a trailing twelve-month return on equity of 11.05%.

Monroe Capital announced a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be given a dividend of $0.25 per share on Friday, September 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 13.79%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for MRCC.

Monroe Capital (NASDAQ:MRCC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 13.85%. MRCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 714.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MRCC will have a dividend payout ratio of 95.24% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MRCC.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), AGNC Investment (AGNC), AMC Entertainment (AMC), NGL Energy Partners (NGL) and TriplePoint Venture Growth BDC (TPVG).

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

Monroe Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Osaic Holdings Inc. (4.07%), Osaic Holdings Inc. (4.07%), Envestnet Asset Management Inc. (1.24%), Cetera Investment Advisers (0.99%), Commonwealth Equity Services LLC (0.61%) and BlackRock Inc. (0.49%). Insiders that own company stock include Jeffrey D Steele and Thomas J Allison.
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Shares of MRCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MRCC stock can currently be purchased for approximately $7.25.

Monroe Capital (NASDAQ:MRCC) has a market capitalization of $157.11 million and generates $56.57 million in revenue each year. The financial services provider earns $-2,790,000.00 in net income (profit) each year or $0.14 on an earnings per share basis.

Monroe Capital's mailing address is 311 SOUTH WACKER DRIVE SUITE 6400, CHICAGO IL, 60606. The official website for the company is www.monroebdc.com. The financial services provider can be reached via phone at (312) 258-8300, via email at acondrell@monroecap.com, or via fax at 312-258-8350.