Wall Street analysts forecast that Monroe Capital (NASDAQ:MRCC) will report earnings per share (EPS) of $0.37 for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Monroe Capital’s earnings, with estimates ranging from $0.35 to $0.39. Monroe Capital posted earnings per share of $0.35 in the same quarter last year, which indicates a positive year-over-year growth rate of 5.7%. The business is expected to report its next earnings results on Tuesday, August 14th.

On average, analysts expect that Monroe Capital will report full year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.45 to $1.60. For the next financial year, analysts expect that the company will report earnings of $1.57 per share, with EPS estimates ranging from $1.44 to $1.71. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Monroe Capital.

Monroe Capital (NASDAQ:MRCC) last released its quarterly earnings results on Tuesday, May 8th. The financial services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.07. The business had revenue of $14.95 million during the quarter, compared to analysts’ expectations of $14.69 million. Monroe Capital had a return on equity of 10.16% and a net margin of 20.30%.

MRCC has been the subject of several research analyst reports. National Securities restated a “buy” rating and set a $17.00 price target on shares of Monroe Capital in a report on Monday. TheStreet cut Monroe Capital from a “b-” rating to a “c” rating in a report on Wednesday, April 11th. Zacks Investment Research upgraded Monroe Capital from a “sell” rating to a “hold” rating in a report on Tuesday. BidaskClub raised Monroe Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, May 9th. Finally, ValuEngine lowered Monroe Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $15.50.

NASDAQ MRCC opened at $13.54 on Thursday. The company has a market cap of $272.23 million, a price-to-earnings ratio of 9.67 and a beta of 0.59. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.78 and a quick ratio of 2.78. Monroe Capital has a 1-year low of $13.59 and a 1-year high of $13.64.

In related news, Chairman Theodore L. Koenig acquired 27,367 shares of the stock in a transaction dated Friday, March 16th. The stock was acquired at an average cost of $12.36 per share, with a total value of $338,256.12. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.80% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Monroe Capital by 28.5% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 172,099 shares of the financial services provider’s stock valued at $2,117,000 after purchasing an additional 38,160 shares during the last quarter. Mckinley Capital Management LLC Delaware lifted its stake in shares of Monroe Capital by 9.3% in the 1st quarter. Mckinley Capital Management LLC Delaware now owns 137,220 shares of the financial services provider’s stock valued at $1,688,000 after purchasing an additional 11,622 shares during the last quarter. Opus Capital Group LLC lifted its stake in shares of Monroe Capital by 980.5% in the 1st quarter. Opus Capital Group LLC now owns 135,694 shares of the financial services provider’s stock valued at $1,669,000 after purchasing an additional 123,136 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Monroe Capital by 8.9% in the 4th quarter. BlackRock Inc. now owns 129,810 shares of the financial services provider’s stock valued at $1,785,000 after purchasing an additional 10,660 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Monroe Capital by 589.4% in the 4th quarter. Millennium Management LLC now owns 119,475 shares of the financial services provider’s stock valued at $1,643,000 after purchasing an additional 102,144 shares during the last quarter. 29.36% of the stock is owned by institutional investors and hedge funds.

Monroe Capital Company Profile

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.

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Earnings History and Estimates for Monroe Capital (NASDAQ:MRCC)

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