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 (WHO). Since then, MRCC stock has decreased by 14.1% and is now trading at $7.96. 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 quarterly earnings results on Friday, May, 8th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The financial services provider had revenue of $15 million for 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 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 12.56%. The ex-dividend date is Friday, June 12th. View Monroe Capital's dividend history.

3 equities research analysts have issued 12 month price targets for Monroe Capital's shares. Their forecasts range from $7.00 to $10.00. On average, they anticipate Monroe Capital's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Monroe Capital.

News headlines about MRCC stock have trended extremely negative this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Monroe Capital earned a news sentiment score of -4.6 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutMonroe Capital.

Monroe Capital saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 391,800 shares, an increase of 140.7% from the April 30th total of 162,800 shares. Based on an average trading volume of 238,100 shares, the days-to-cover ratio is presently 1.6 days. Currently, 2.0% 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 Och-Ziff Capital Management Group (OZM), Barings BDC (BBDC), PUYI INC/ADR (PUYI), Diamond Hill Investment Group (DHIL), Pzena Investment Management (PZN), Value Line (VALU), Fidus Investment (FDUS), Saratoga Investment (SAR), Silvercrest Asset Management Group (SAMG), Westwood Holdings Group (WHG), StoneCastle Financial (BANX), 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 investors include Blair William & Co. IL (4.36%), Cliffwater LLC (1.77%), Advisor Group Holdings Inc. (1.72%), Two Sigma Advisers LP (0.77%), Commonwealth Equity Services LLC (0.75%) and Virtus ETF Advisers LLC (0.75%). Company insiders that own Monroe Capital stock include Aaron Daniel Peck, Jeffrey A Golman, Jeffrey D Steele, Robert S Rubin and Theodore L Koenig. View institutional ownership trends for Monroe Capital.

MRCC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Two Sigma Investments LP, Mackenzie Financial Corp, Janney Montgomery Scott LLC, Virtus ETF Advisers LLC, Salzhauer Michael, Squarepoint Ops LLC, and Ashfield Capital Partners LLC. View insider buying and selling activity for Monroe Capital.

MRCC stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Cliffwater LLC, Blair William & Co. IL, Two Sigma Advisers LP, HighTower Advisors LLC, Commonwealth Equity Services LLC, LaFleur & Godfrey LLC, and Raymond James & Associates. Company insiders that have bought Monroe Capital stock in the last two years include Aaron Daniel Peck, Jeffrey A Golman, 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 $7.96.

Monroe Capital has a market capitalization of $162.70 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]