About Monroe Capital Corp
Monroe 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
- Previous Close: $15.79
- 50 Day Moving Average: $15.50
- 200 Day Moving Average: $15.36
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.93
- P/E Growth: 1.96
- Market Cap: $N/A
- Beta: 0.55
- Net Margins: 47.93%
- Return on Equity: 11.09%
- Return on Assets: 6.02%
Companies Related to Monroe Capital Corp:
- Debt-to-Equity Ratio: 0.59%
- Current Ratio: 1.71%
- Quick Ratio: 1.71%
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 announced a quarterly dividend on Thursday, December 1st. Stockholders 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 8.87%. 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 equities research analysts have issued 12 month price objectives for Monroe Capital Corp's shares. Their predictions range from $16.00 to $18.50. On average, they anticipate Monroe Capital Corp's share 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 variety 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 purchased 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 $15.79.