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 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRCC shares.
View MRCC analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued twelve-month price objectives for Monroe Capital's stock. Their MRCC share price forecasts range from $10.50 to $10.50. On average, they predict the company's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 15.0% 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 $11.22 at the beginning of the year. Since then, MRCC shares have decreased by 18.6% and is now trading at $9.13.
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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) issued its earnings results on Tuesday, August, 2nd. The financial services provider reported $0.25 earnings per share for the quarter, hitting analysts' consensus estimates of $0.25. The financial services provider had revenue of $13 million for 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 declared a quarterly dividend on Wednesday, June 1st. Investors of record on Wednesday, June 15th will be given a dividend of $0.25 per share on Thursday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.95%. The ex-dividend date is Tuesday, June 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 11.22%. 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 98.04% 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 number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.90%), Advisors Asset Management Inc. (0.77%), Cetera Investment Advisers (0.38%), Mackenzie Financial Corp (0.35%), U.S. Capital Wealth Advisors LLC (0.27%) and LPL Financial LLC (0.16%). 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 $9.13.

Monroe Capital (NASDAQ:MRCC) has a market capitalization of $197.85 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.