Monroe Capital - MRCC Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monroe Capital in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.

2 brokers have issued 12-month price targets for Monroe Capital's stock. Their MRCC share price forecasts range from $8.00 to $8.00. On average, they anticipate the company's share price to reach $8.00 in the next year. This suggests a possible upside of 5.4% from the stock's current price.
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Monroe Capital's stock was trading at $11.22 on January 1st, 2022. Since then, MRCC shares have decreased by 32.4% and is now trading at $7.59.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our MRCC earnings forecast.

Monroe Capital Co. (NASDAQ:MRCC) announced its earnings results on Tuesday, August, 2nd. The financial services provider reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. The financial services provider earned $13 million during the quarter, compared to analyst estimates of $12.62 million. Monroe Capital had a trailing twelve-month return on equity of 9.30% and a net margin of 14.06%.

Monroe Capital announced a quarterly dividend on Friday, September 2nd. Investors of record on Thursday, September 15th will be given a dividend of $0.25 per share on Friday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 13.18%. The ex-dividend date of this dividend is Wednesday, 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 13.18%. MRCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 277.79%. 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 99.01% 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 many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.90%), Advisors Asset Management Inc. (0.77%), Goldman Sachs Group Inc. (0.38%), Cetera Investment Advisers (0.38%), Mackenzie Financial Corp (0.35%) and U.S. Capital Wealth Advisors LLC (0.27%). Insiders that own company stock include Aaron Daniel Peck, Jeffrey D Steele, Theodore L Koenig 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 $7.59.

Monroe Capital (NASDAQ:MRCC) has a market capitalization of $164.44 million and generates $53.83 million in revenue each year. The financial services provider earns $32.46 million in net income (profit) each year or $0.36 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.