Monroe Capital upgraded by B. Riley Securities with a new price target
$MRCC
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B. Riley Securities upgraded Monroe Capital from Neutral to Buy and set a new price target of $10.50 from $11.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/16/2022 | $8.00 | Neutral | B. Riley Securities |
| 11/4/2021 | $11.50 → $10.50 | Neutral → Buy | B. Riley Securities |
| 11/4/2021 | Neutral → Buy | B. Riley Securities |
3 - MONROE CAPITAL Corp (0001512931) (Issuer)
4 - MONROE CAPITAL Corp (0001512931) (Issuer)
3 - MONROE CAPITAL Corp (0001512931) (Issuer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
10-Q - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) today announced its financial results for the third quarter ended September 30, 2024. Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). Third Quarter 2024 Financial Highlights Net Investment Income ("NII") of $6.5 million, or $0.30 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $6.6 million, or $0.31 per shareNet increase in net assets resulting from operations of $5.0 million, or $0.23 per shareNet Asset Value ("NAV") of $198.9 million, or $9.18 per sharePaid quart
CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its third quarter ended September 30, 2024 financial results on Tuesday, November 12, 2024, after the close of the financial markets. The Company will host a webcast and conference call to discuss these operating and financial results on Wednesday, November 13, 2024 at 11:00 a.m. Eastern Time. The webcast will be hosted on a webcast link located in the Investor Relations section of our website at http://ir.monroebdc.com/events.cfm. To participate in the conference call, please dial (800) 715-9871 approximately 10 minutes prior to the call. Please refe
CHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the third quarter of 2024, payable on September 30, 2024 to stockholders of record as of September 16, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automat
B. Riley Securities resumed coverage of Monroe Capital with a rating of Neutral and set a new price target of $8.00
B. Riley Securities upgraded Monroe Capital from Neutral to Buy and set a new price target of $10.50 from $11.50 previously
B. Riley Securities upgraded Monroe Capital from Neutral to Buy
Monroe Cap (NASDAQ:MRCC) reported quarterly earnings of $0.25 per share which missed the analyst consensus estimate of $0.26 by 3.85 percent. This is a 21.88 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $15.182 million which missed the analyst consensus estimate of $15.386 million by 1.33 percent. This is a 9.65 percent decrease over sales of $16.804 million the same period last year.
Ladenburg Thalmann analyst Mickey Schlelen maintains Monroe Cap (NASDAQ:MRCC) with a Buy and lowers the price target from $9.5 to $9.
Monroe Cap (NASDAQ:MRCC) reported its Q4 earnings results on Monday, March 11, 2024 at 04:01 PM. Here's what investors need to know about the announcement. Earnings Monroe Cap missed estimated earnings by -4.0%, reporting an EPS of $0.26 versus an estimate of $0.27. Revenue was up $339 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.02 which was followed by a 1.0% increase in the share price the next day. Here's a look at Monroe Cap's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.27 0.28 0.27 0.26 EPS Actual 0.25 0.28 0.32 0.26 Revenue Estimate 16.14M 16.72M 16.77M 15.14M Revenue Actual 15
CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) today announced its financial results for the third quarter ended September 30, 2024. Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). Third Quarter 2024 Financial Highlights Net Investment Income ("NII") of $6.5 million, or $0.30 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $6.6 million, or $0.31 per shareNet increase in net assets resulting from operations of $5.0 million, or $0.23 per shareNet Asset Value ("NAV") of $198.9 million, or $9.18 per sharePaid quart
CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its third quarter ended September 30, 2024 financial results on Tuesday, November 12, 2024, after the close of the financial markets. The Company will host a webcast and conference call to discuss these operating and financial results on Wednesday, November 13, 2024 at 11:00 a.m. Eastern Time. The webcast will be hosted on a webcast link located in the Investor Relations section of our website at http://ir.monroebdc.com/events.cfm. To participate in the conference call, please dial (800) 715-9871 approximately 10 minutes prior to the call. Please refe
CHICAGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the third quarter of 2024, payable on September 30, 2024 to stockholders of record as of September 16, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automat