NASDAQ:MRCCMonroe Capital Stock Price, Forecast & News

Monroe Capital's stock was trading at $9.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MRCC stock has decreased by 32.1% and is now trading at $6.29. 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) issued its earnings results on Friday, May, 8th. The financial services provider reported $0.33 earnings per share 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 the consensus estimate of $16.35 million. Monroe Capital had a positive return on equity of 11.94% and a negative net margin of 37.41%. View Monroe Capital's earnings history.

Monroe Capital announced a quarterly dividend on Monday, May 11th. Investors of record on Monday, June 15th will be given 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 15.90%. The ex-dividend date is Friday, June 12th. View Monroe Capital's dividend history.

3 Wall Street analysts have issued 1 year price targets for Monroe Capital's shares. Their forecasts range from $7.00 to $10.00. On average, they expect Monroe Capital's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price. View analysts' price targets for Monroe Capital.

Press coverage about MRCC stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Monroe Capital earned a news impact score of -1.5 on InfoTrie's scale. They also assigned news 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 effect on the company's share price in the next several days. View the latest news about Monroe Capital.

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

Some companies that are related to Monroe Capital include Diamond Hill Investment Group (DHIL), Pzena Investment Management (PZN), Barings BDC (BBDC), PUYI INC/ADR (PUYI), 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 variety of retail and institutional investors. Top institutional shareholders 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 $6.29.

Monroe Capital has a market capitalization of $128.60 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]