Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million.
IPO Year: 2012
Exchange: NASDAQ
Website: monroebdc.com
| 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 |
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
CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) today announced its financial results for the second quarter ended June 30, 2024. Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). Second Quarter 2024 Financial Highlights Net Investment Income ("NII") of $6.6 million, or $0.30 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $6.7 million, or $0.31 per shareNet increase in net assets resulting from operations of $3.3 million, or $0.15 per shareNet Asset Value ("NAV") of $199.3 million, or $9.20 per sharePaid quarterl
CHICAGO, July 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its second quarter 2024 financial results on Wednesday, August 7, 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 Thursday, August 8, 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 reference conference ID # 721355
CHICAGO, June 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 second quarter of 2024, payable on June 28, 2024 to stockholders of record as of June 17, 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 automatically rei
CHICAGO, May 08, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) ("Monroe") today announced its financial results for the first quarter ended March 31, 2024. Except where the context suggests otherwise, the terms "Monroe," "we," "us," "our," and "Company" refer to Monroe Capital Corporation. First Quarter 2024 Financial Highlights Net Investment Income of $5.5 million, or $0.25 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $5.5 million, or $0.25 per shareNet increase in net assets resulting from operations of $3.2 million, or $0.15 per shareNet Asset Value ("NAV") of $201.5 million, or $9.30 per sharePaid quarterly dividend of $0.25 pe
CHICAGO, April 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its first quarter 2024 financial results on Wednesday, May 8, 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 Thursday, May 9, 2024 at 11:00 AM ET. 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 reference conference ID # 4375418. For those unabl
CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) ("Monroe") today announced its financial results for the fourth quarter and full year ended December 31, 2023. Except where the context suggests otherwise, the terms "Monroe," "we," "us," "our," and "Company" refer to Monroe Capital Corporation. Fourth Quarter 2023 Financial Highlights Net Investment Income of $5.3 million, or $0.24 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $5.6 million, or $0.26 per shareNet increase in net assets resulting from operations of $1.6 million, or $0.07 per shareNet Asset Value ("NAV") of $203.7 million, or $9.40 per sharePaid quarterly
CHICAGO, March 05, 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 first quarter of 2024, payable on March 29, 2024 to stockholders of record as of March 15, 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 automatically r
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
3 - MONROE CAPITAL Corp (0001512931) (Issuer)
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3 - MONROE CAPITAL Corp (0001512931) (Issuer)
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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
CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) today announced its financial results for the second quarter ended June 30, 2024. Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with its subsidiaries). Second Quarter 2024 Financial Highlights Net Investment Income ("NII") of $6.6 million, or $0.30 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $6.7 million, or $0.31 per shareNet increase in net assets resulting from operations of $3.3 million, or $0.15 per shareNet Asset Value ("NAV") of $199.3 million, or $9.20 per sharePaid quarterl
CHICAGO, July 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its second quarter 2024 financial results on Wednesday, August 7, 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 Thursday, August 8, 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 reference conference ID # 721355
CHICAGO, June 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 second quarter of 2024, payable on June 28, 2024 to stockholders of record as of June 17, 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 automatically rei
CHICAGO, May 08, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) ("Monroe") today announced its financial results for the first quarter ended March 31, 2024. Except where the context suggests otherwise, the terms "Monroe," "we," "us," "our," and "Company" refer to Monroe Capital Corporation. First Quarter 2024 Financial Highlights Net Investment Income of $5.5 million, or $0.25 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $5.5 million, or $0.25 per shareNet increase in net assets resulting from operations of $3.2 million, or $0.15 per shareNet Asset Value ("NAV") of $201.5 million, or $9.30 per sharePaid quarterly dividend of $0.25 pe
CHICAGO, April 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ:MRCC) announced today that it will report its first quarter 2024 financial results on Wednesday, May 8, 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 Thursday, May 9, 2024 at 11:00 AM ET. 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 reference conference ID # 4375418. For those unabl
CHICAGO, March 11, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) ("Monroe") today announced its financial results for the fourth quarter and full year ended December 31, 2023. Except where the context suggests otherwise, the terms "Monroe," "we," "us," "our," and "Company" refer to Monroe Capital Corporation. Fourth Quarter 2023 Financial Highlights Net Investment Income of $5.3 million, or $0.24 per shareAdjusted Net Investment Income (a non-GAAP measure described below) of $5.6 million, or $0.26 per shareNet increase in net assets resulting from operations of $1.6 million, or $0.07 per shareNet Asset Value ("NAV") of $203.7 million, or $9.40 per sharePaid quarterly
CHICAGO, March 05, 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 first quarter of 2024, payable on March 29, 2024 to stockholders of record as of March 15, 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 automatically r
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
10-Q - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
40-17G - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
10-Q - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
8-K - MONROE CAPITAL Corp (0001512931) (Filer)
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
Monroe Cap (NASDAQ:MRCC) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.28 by 7.14 percent. The company reported quarterly sales of $15.503 million which missed the analyst consensus estimate of $16.557 million by 6.36 percent. This is a 2.24 percent increase over sales of $15.164 million the same period last year.
Wednesday marks the last chance for investors to receive the next dividend payout from Monroe Cap (NASDAQ:MRCC). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 25 cents per share. On Thursday, Monroe Cap will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own MRCC as of the end of Wednesday's session are eligible to receive the 25 cents dividend pa
Companies Reporting Before The Bell • Ballard Power Systems (NASDAQ:BLDP) is estimated to report quarterly loss at $0.13 per share on revenue of $34.20 million. • Endeavor Gr Hldgs (NYSE:EDR) is likely to report quarterly earnings at $0.02 per share on revenue of $49.47 million. • SilverCrest Metals (AMEX:SILV) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Global X Silver Miners ETF (NYSE:SIL) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Legend Biotech (NASDAQ:LEGN) is projected to report quarterly loss at $0.83 per share on revenue of $86.52 million. • Genie Energy (NYSE:GNE) is projected to repor
Monroe Cap (NASDAQ:MRCC) is set to give its latest quarterly earnings report on Monday, 2024-03-11. Here's what investors need to know before the announcement. Analysts estimate that Monroe Cap will report an earnings per share (EPS) of $0.27. Monroe Cap bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.02, which was followed by a 0.57% increase in the share price
Monroe Cap (NASDAQ:MRCC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:01 PM. Here's what investors need to know about the announcement. Earnings Monroe Cap missed estimated earnings by 7.41%, reporting an EPS of $0.25 versus an estimate of $0.27. Revenue was down $273 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 4.34% drop in the share price the next day. Here's a look at Monroe Cap's past performance: Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022 EPS Estimate 0.28 0.27 0.26 0.25 EPS Actual 0.28 0.32 0.26 0.33 Revenue Estimate 16.72M 16.77M 15.14M 13.77M Revenue Actual
Monroe Cap (NASDAQ:MRCC) reported quarterly earnings of $0.25 per share which missed the analyst consensus estimate of $0.27 by 7.41 percent. This is a 24.24 percent decrease over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $15.64 million which missed the analyst consensus estimate of $16.14 million by 3.08 percent. This is a 1.72 percent decrease over sales of $15.92 million the same period last year.
Companies Reporting Before The Bell • Flex LNG (NYSE:FLNG) is estimated to report earnings for its third quarter. • Evotec (NASDAQ:EVO) is estimated to report quarterly loss at $0.05 per share on revenue of $186.09 million. • ICL Group (NYSE:ICL) is likely to report earnings for its third quarter. • SFL Corp (NYSE:SFL) is estimated to report quarterly earnings at $0.19 per share on revenue of $196.63 million. • Semantix (NASDAQ:STIX) is expected to report quarterly loss at $0.03 per share on revenue of $15.45 million. • Atlantica Sustainable (NASDAQ:AY) is projected to report quarterly earnings at $0.11 per share on revenue of $326.48 million. • PolyPid (NASDAQ:PYPD) is expected to re