NASDAQ:MRCCMonroe Capital Stock Price, Forecast & News

Monroe Capital's stock was trading at $9.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRCC shares have decreased by 31.4% and is now trading at $6.36. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monroe Capital in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Monroe Capital.

Monroe Capital is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Monroe Capital.

Monroe Capital Corp (NASDAQ:MRCC) announced its quarterly earnings data on Friday, May, 8th. The financial services provider reported $0.33 EPS for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.02. The financial services provider earned $15 million during the quarter, compared to analysts' expectations of $16.35 million. Monroe Capital had a negative net margin of 37.41% and a positive return on equity of 11.94%. View Monroe Capital's earnings history.

Monroe Capital declared a quarterly dividend on Monday, May 11th. Investors of record on Monday, June 15th will be paid a dividend of $0.25 per share on Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 15.72%. The ex-dividend date of this dividend is Friday, June 12th. View Monroe Capital's dividend history.

3 Wall Street analysts have issued 1 year target prices for Monroe Capital's shares. Their forecasts range from $7.00 to $10.00. On average, they anticipate Monroe Capital's stock price to reach $8.50 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View analysts' price targets for Monroe Capital.

Media coverage about MRCC stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Monroe Capital earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Monroe Capital.

Monroe Capital saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 276,500 shares, a decline of 38.7% from the June 15th total of 450,900 shares. Based on an average trading volume of 216,500 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.4% of the shares of the company are short sold. View Monroe Capital's Current Options Chain.

Some companies that are related to Monroe Capital include Diamond Hill Investment Group (DHIL), PUYI INC/ADR (PUYI), Pzena Investment Management (PZN), Barings BDC (BBDC), Value Line (VALU), Fidus Investment (FDUS), Saratoga Investment (SAR), Silvercrest Asset Management Group (SAMG), Westwood Holdings Group (WHG), StoneCastle Financial (BANX), Puhui Wealth Investment Managemnt (PHCF), Hennessy Advisors (HNNA), Manning and Napier (MN), Great Elm Capital (GECC) and U.S. Global Investors (GROW). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Monroe Capital investors own include New Residential Investment (NRZ), Intelsat (I), Ares Capital (ARCC), AMC Entertainment (AMC), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), Bank of America (BAC), Enterprise Products Partners (EPD), Triplepoint Venture Growth BDC (TPVG) and Apollo Global Management (APO).

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 investors include Envestnet Asset Management Inc. (0.37%). Company insiders that own Monroe Capital stock include Aaron Daniel Peck, Jeffrey D Steele, Robert S Rubin and Theodore L Koenig. View institutional ownership trends for Monroe Capital.

MRCC stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Monroe Capital stock in the last two years include Aaron Daniel Peck, Jeffrey D Steele, Robert S Rubin, and Theodore L Koenig. View insider buying and selling activity for Monroe Capital.

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

One share of MRCC stock can currently be purchased for approximately $6.36.

Monroe Capital has a market capitalization of $130.00 million and generates $68.19 million in revenue each year. The financial services provider earns $19.21 million in net income (profit) each year or $1.42 on an earnings per share basis.

The official website for Monroe Capital is www.monroebdc.com.

Monroe Capital's mailing address is 311 SOUTH WACKER DRIVE SUITE 6400, CHICAGO IL, 60606. The financial services provider can be reached via phone at 312-258-8300 or via email at [email protected]