Monroe Capital Corporation (MRCC)

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About Monroe Capital Corporation

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. Address: 311 South Wacker Drive, Chicago, IL, United States, 60606-6710

Monroe Capital Corporation News and around…

Latest news about Monroe Capital Corporation (MRCC) common stock and company :

Monroe Capital Corporation Announces Third Quarter Distribution of $0.25 Per Share
02 Sep, 2021 FinancialContent
AdTheorent Holding Company, LLC Announces Second Quarter 2021 Results
24 Aug, 2021 Yahoo! Finance

AdTheorent Holding Company, LLC ("AdTheorent" or "the Company"), a programmatic digital advertising leader using advanced machine learning technology and solutions to deliver real-world value for advertisers and marketers, today announced financial highlights for the second quarter ended June 30, 2021.

10 Best High Yield Finance Dividend Stocks
04 Aug, 2021 Yahoo! Finance

In this article, we will be looking at the 10 best high yield finance dividend stocks. If you want to skip our detailed analysis of financial stocks, you can go directly to see the 5 Best High Yield Finance Dividend Stocks. The coronavirus pandemic leading to a market crash and recession alongside a range of […]

Monroe Capital (MRCC) Q2 Earnings Meet Estimates
03 Aug, 2021 Yahoo! Finance

Monroe Capital (MRCC) delivered earnings and revenue surprises of 0.00% and -3.01%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital: Q2 Earnings Insights
03 Aug, 2021 FinancialContent

Shares of Monroe Capital (NASDAQ:MRCC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per ...

Monroe Capital Corporation BDC Announces Second Quarter 2021 Results
03 Aug, 2021 FinancialContent
Earnings Preview: Monroe Capital (MRCC) Q2 Earnings Expected to Decline
27 Jul, 2021 Yahoo! Finance

Monroe Capital (MRCC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AdTheorent to List on NASDAQ Through Merger With MCAP Acquisition Corporation, a SPAC Sponsored by an Affiliate of Monroe Capital
27 Jul, 2021 FinancialContent

Monroe Capital LLC (“Monroe Capital” or “Sponsor”) today announced AdTheorent, Inc. (“AdTheorent”) and MCAP Acquisition Corporation (NASDAQ: MACQ) (“MCAP”), a publicly-traded special purpose acquisition company, have entered into a definitive business combination agreement in which AdTheorent will be merged with MCAP. MCAP is sponsored by an affiliate of Monroe Capital LLC. Upon closing of the transaction, the combined company will be named AdTheorent, Inc. and it is expected to remain listed on the NASDAQ Capital Markets.

AdTheorent, a Leader in Data Science and Machine Learning Optimized Advertising, to List on NASDAQ via Merger with MCAP Acquisition Corporation
27 Jul, 2021 FinancialContent

AdTheorent, a Leader in Data Science and Machine Learning Optimized Advertising, to List on NASDAQ via Merger with MCAP Acquisition Corporation

Monroe Capital Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call
22 Jul, 2021 FinancialContent
Should I Avoid Monroe Capital Corp (MRCC)?
14 Jun, 2021 Yahoo! Finance

In this article we are going to use hedge fund sentiment as a tool and determine whether Monroe Capital Corp (NASDAQ:MRCC) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, […]

Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share
02 Jun, 2021 FinancialContent
Monroe Capital Corp. to Host Earnings Call
05 May, 2021 Yahoo! Finance

NEW YORK, NY / ACCESSWIRE / May 5, 2021 / Monroe Capital Corp. (NASDAQ:MRCC) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 5, 2021 at 11:00 AM Eastern Time.

Monroe Capital (MRCC) Surpasses Q1 Earnings Estimates
04 May, 2021 Yahoo! Finance

Monroe Capital (MRCC) delivered earnings and revenue surprises of 4.17% and -0.60%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital: Q1 Earnings Insights
04 May, 2021 FinancialContent

Shares of Monroe Capital (NASDAQ:MRCC) were flatin after-market trading after the company reported Q1 results. Quarterly ...

Monroe Capital Corporation BDC Announces First Quarter 2021 Results
04 May, 2021 FinancialContent
Earnings Scheduled For May 4, 2021
04 May, 2021 FinancialContent

Companies Reporting Before The Bell • Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 ...

Monroe Capital Corporation Schedules First Quarter 2021 Earnings Release and Conference Call
22 Apr, 2021 FinancialContent
Stocks That Hit 52-Week Highs On Friday
16 Apr, 2021 FinancialContent

Friday's morning session saw 420 companies set new 52-week highs. Intriguing Points: The largest ...

Stocks That Hit 52-Week Highs On Wednesday
07 Apr, 2021 FinancialContent

This morning 134 companies reached new 52-week highs. Facts of Interest: Alphabet (NASDAQ:GOOG) was the largest firm ...

3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’
17 Mar, 2021 Yahoo! Finance

Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the stimulus, and the direct stimulus checks at around a quarter of the new package clearly are one off, the sharper the peak in growth is likely to be. The closer this peak in macro growth is to warmer weather (giving retail investors something else to do); and to an increased return to work at the office, the larger we expect the pullback to be,” Chadha noted. That’s the mid-term. In the longer view, Chadha expects markets to strengthen by year’s end, and has put a 4,100 target on the S&P 500. This is up from his previous 3,950 target, and suggests potential gains of 4% from current levels. So, for investors, we’re looking at a rocky summer and fall, with some dips and gains likely in the markets. In that environment, a defensive stock play makes sense; it provides some stability to the portfolio, as well as some insurance should the gains not materialize. Reliable dividend stocks, with their regular payouts, provide an income stream that’s independent of the share price appreciation, as well as a share profile that is less volatile to begin with, making them the ideal move for investors worried about keeping up returns while coping with high macro volatility. To that end, we’ve used the TipRanks database to pull up three high-yield dividend stocks that share a profile: a Buy-rating from the Street’s analyst corps; considerable upside potential; and a reliable dividend yielding over 8%. Let’s see what Wall Street’s pros have to say about them. Monroe Capital (MRCC) We'll start with Monroe Capital, a private equity firm invested in the health care, media, retail, and tech sectors. Monroe is focusing its business on minority and women-owned companies, or on companies with employee stock ownership plans. Monroe offers these sometimes underserved demographics access to capital resources for business development. Monroe has shown two contradictory trends so far this year: declining revenues and earnings, along with rising share value. The company’s top line, at $12.6 million, was down 6% from Q3, and 25% year-over-year, while EPS fell 40% sequentially to 42 cents. Year-over-year, however, EPS more than doubled. Looking at share price, Monroe’s stock has gained 60% in the past 12 months. On the dividend front, Monroe paid out 25 cents per share in December; the next is scheduled, at the same amount, for the end of this month. With an annualized payment of $1, the dividend yields a strong 9.8%. This compares favorably to the 2% average yield found among peer companies. The dividend attracted attention from Oppenheimer analyst Chris Kotowski, rated 5-stars by TipRanks. “We continue to see a runway to eventual dividend coverage with full fees expensed as management grows the portfolio to its target 1.1–1.2x leverage (from 1.0x currently) and redeploys funds currently tied up in non-accruals once resolved... The primary driver of return for a BDC is its dividend payout over time, and we have confidence that MRCC's new $1.00 distribution (equating to a ~10% yield) is sustainable,” Kotowski noted. In line with his comments, Kotowski rates MRCC an Outperform (i.e. Buy), and his $12 price target suggests it has room to grow 25% in the year ahead. (To watch Kotowski’s track record, click here) The analyst reviews on MRCC break down 2 to 1 in favor of Buy versus Holds, making the consensus rating a Moderate Buy. The shares have a trading price of $9.59, and their $11.13 average target implies an upside of 16% in the year ahead. (See MRCC stock analysis on TipRanks) Eagle Point Credit Company (ECC) Let’s stick with the middle-market financial sector. Eagle Point is another of the capital investment companies that seeks to turn middle-market debt into returns for investors. The company invests in CLO equity, and focuses on current income generation – in other words, ensuring a return for its own investors. While Eagle Point is a small-cap player, the company does boast $3 billion in assets under management – showing that it punches above its weight. Last month, Eagle Point reported 4Q20 earnings, with EPS of 24 cents, below the expectation of 29 cents. However, the current earnings just edged into growth quarter-over-quarter and year-over-year, as 3Q20 and 4Q19 both came in at 23 cents. Turning to the dividend, we find that Eagle Point does something slightly unusual. The company pays out a monthly dividend, rather than quarterly. The current payment, at 8 cents per common share, has been held steady for over a year now, and the company has not missed a distribution. At 96 cents per common share annually, the dividend yields is 8.4%. This is robust by any standard. B. Riley’s 5-star analyst Randy Binner covers Eagle Point, and he notes that the company should have no problem in maintaining its dividend coverage moving forward. “The company’s reported quarterly recurring CLO cash flows averaged $0.75/share over the last 12 months. Similar levels of recurring cash flows would leave a large cushion to service the $0.24 quarterly dividend going forward…. The company announced $29.5M of cash on the balance sheet as of February 9. This balance sheet cash and serviceable quarterly dividend of $0.24 contribute to a favorable liquidity position,” Binner wrote. Binner’s comments back up a Buy rating on the stock, and his $14 price target implies a 12-month upside of 23%. (To watch Binner’s track record, click here) Wall Street takes the same stance on ECC that it did on MRCC: a Moderate Buy consensus rating based on a 2-1 split between Buy and Hold reviews. ECC shares have an average price target of $14, matching Binner’s, and the shares are trading for $11.41. (See ECC stock analysis on TipRanks) Hess Midstream Operations (HESM) Midmarket financials are not the only place to find strong dividends. Wall Street pros also recommend the energy sector, and that is where we now turn. Hess Midstream is one of many companies in the midstream sector of the energy industry, providing and supporting the infrastructure needed to gather, process, store, and transport a fossil fuel products from the well heads into the distribution network. Hess has a range of midstream assets in the North Dakota Bakken formation, moving crude oil and natural gas, along with their derivatives. Hess reported results for 4Q20 earlier this year, showing $266 million at the top line and EPS of 36 cents per share. Revenues were up 5% year-over-year, and relatively flat from Q3. EPS rose 20% quarter-over-quarter, but were down sharply compared to the 87 cents reported in 4Q19. Of interest to investors, the company reported over $126 million in free cash flow, which it used to fund the dividend. Hess pays out its dividend quarterly, and has a reputation for not missing payments. The company has been raising the payment regularly for the past four years, and most recent dividend, at 45 cents per common share, was paid out in February. This dividend is considered ‘safe,’ as the company expects to generate between $610 million and $640 million in free cash flow next year. Those funds will fully cover the dividend, with approximately $100 million left over. Writing from Scotiabank, analyst Alonso Guerra-Garcia sees the free cash flow as Hess’s priority going forward. “We expect the focus this year to be on the harvesting of free cash flow (FCF) with deployment toward buybacks and further de-leveraging. Improved FCF profiles this year also better position the group for a 2H21 demand recovery. Continued energy policy changes and the energy transition may be headwinds this year, but we continue to prefer exposure to the more diversified companies with FCF after dividend (FCFAD) optionality and torque to a recovery,” the analyst opined. To this end, Guerra-Garcia rates HESM an Outperform (i.e. Buy), with a $27 price target indicating a potential upside of 26% by year’s end. (To watch Guerra-Garcia’s track record, click here) All in all, there are only 2 reviews on this small-cap energy company, and they are evenly split – one Buy and one Hold – giving Hess a Moderate Buy rating. The shares are trading for $21.41 and their $27 average price target suggests a one-year upside of 26%. (See HESM stock analysis on TipRanks) To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

Monroe Capital Corp (MRCC) is Overbought: Is A Drop Coming?
10 Mar, 2021 Yahoo! Finance

Monroe Capital Corporation (MRCC) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Monroe Capital (MRCC) Surpasses Q4 Earnings Estimates
02 Mar, 2021 Yahoo! Finance

Monroe Capital (MRCC) delivered earnings and revenue surprises of 4.17% and -1.38%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Monroe Capital: Q4 Earnings Insights
02 Mar, 2021 FinancialContent

Shares of Monroe Capital (NASDAQ:MRCC) were flat after the company reported Q4 results. Quarterly Results Earnings per share ...

Monroe Capital Corporation BDC Announces Fourth Quarter And Full Year 2020 Results
02 Mar, 2021 FinancialContent
MCAP Acquisition Corporation Announces Closing of $316,250,000 Initial Public Offering
02 Mar, 2021 FinancialContent

MCAP Acquisition Corporation (“the Company” or “MCAP”), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC, today announced the closing of its initial public offering of 31,625,000 units, which included the full exercise of the underwriter’s over-allotment option. The offering was priced at $10.00 per unit, generating gross proceeds of $316,250,000. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The Company’s units are listed on the Nasdaq Stock Market and trade under the symbol “MACQU.” Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on the Nasdaq Stock Market and trade under the symbols “MACQ” and “MACQW,” respectively.

Earnings Scheduled For March 2, 2021
02 Mar, 2021 FinancialContent

Companies Reporting Before The Bell • Kopin (NASDAQ:KOPN) is expected to report quarterly loss at $0.01 per share on ...

Earnings Outlook For Monroe Capital
01 Mar, 2021 FinancialContent

Monroe Capital (NASDAQ:MRCC) releases its next round of earnings this Tuesday, March 02. Here is Benzinga's essential guide to ...

Monroe Capital Sponsors Third SPAC – MCAP Acquisition Corporation
26 Feb, 2021 FinancialContent

Monroe Capital LLC (“Monroe” or “Sponsor”) announced it has sponsored MCAP Acquisition Corporation (the “Company” or “MCAP”), a special purpose acquisition company (“SPAC”). This is the third SPAC Monroe has participated as a sponsor investor. In 2018, Monroe co-sponsored Thunder Bridge Acquisition, Ltd. and supported its successful business combination with Repay Holdings Corporation (NASDAQ: RPAY). In 2019, Monroe co-sponsored Thunder Bridge Acquisition, Ltd. II, which has entered into a definitive merger agreement with indie Semiconductor.

MCAP Acquisition Corporation Announces Pricing of Upsized $275 Million Initial Public Offering
26 Feb, 2021 FinancialContent

MCAP Acquisition Corporation (“the Company” or “MCAP”), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC, today announced the pricing of its initial public offering of 27,500,000 units at a price of $10.00 per unit. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The Company’s units are expected to be listed on the Nasdaq Stock Market and trade under the symbol “MACQU” beginning February 26, 2021. Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on the Nasdaq Stock Market and trade under the symbols “MACQ” and “MACQW,” respectively. The offering is expected to close on March 2, 2021, subject to customary closing conditions.

Monroe Capital Corporation (MRCC) is a NASDAQ Common Stock listed in , ,

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