Monroe Capital Stock Price, News & Analysis

Monroe Capital Corporation (NASDAQ: MRCC) announced the date for its first quarter 2023 financial results release, scheduled for May 10, 2023, after market close. A conference call and webcast are set for May 11, 2023, at 11:00 AM ET for discussing these results. Investors can find the link to the webcast on the Company's investor relations page. Monroe Capital is a specialty finance company investing mainly in senior, unitranche, and junior secured debt of middle-market companies, aiming for total return through current income and capital appreciation.

The Company operates under the investment adviser Monroe Capital BDC Advisors, LLC and has been recognized for excellence in private debt and credit markets.

Monroe Capital Corporation (MRCC) reported financial results for Q4 and full-year 2022, revealing a net investment income of $5.5 million, equating to $0.25 per share. Adjusted net investment income for Q4 was $5.6 million or $0.26 per share, down from $7.1 million in Q3. The net asset value (NAV) decreased by 0.4% to $225.0 million, while total investments reached $541 million, up from $508 million. The company declared a dividend of $0.25 per share, with a current cash yield of approximately 11.9%. Despite increased portfolio yield, net unrealized losses impacted overall performance. The company noted increased debt-to-equity leverage at 1.49 times, primarily from investment activity.

Monroe Capital Corporation (NASDAQ: MRCC) will report its fourth quarter and full year 2022 financial results on March 1, 2023, after market close. A webcast and conference call to discuss these results is scheduled for March 2, 2023, at 11:00 am ET. Investors can access the webcast through the company’s Investor Relations page.

Monroe Capital focuses on investing in senior, unitranche and junior secured debt in middle-market companies. The Company aims to maximize total return for stockholders through current income and capital appreciation.

Monroe Capital Corporation (NASDAQ: MRCC) declared a cash distribution of $0.25 per share for Q4 2022, payable on December 30, 2022, to stockholders of record as of December 15, 2022. The company has a dividend reinvestment plan allowing stockholders to reinvest cash distributions unless they opt for cash. Monroe Capital focuses on maximizing total returns through investments in senior, unitranche, and junior secured debt, alongside unsecured debt and equity investments in middle-market companies.

Monroe Capital Corporation (MRCC) reported financial results for Q3 2022, highlighting a net investment income of $6.3 million ($0.29 per share) and an adjusted net investment income of $7.1 million ($0.33 per share). The net asset value decreased by 2.6% to $226.0 million ($10.43 per share).

Despite market volatility, Monroe anticipates opportunities for new transactions. The company declared a quarterly dividend of $0.25 per share, yielding an annualized dividend of approximately 13.0% for shareholders.

Monroe Capital Corporation (NASDAQ: MRCC) announced it will report its Q3 2022 financial results on November 7, 2022, after market close. A webcast and conference call are scheduled for November 8, 2022, at 3:00 PM ET to discuss these results. Monroe Capital is a specialty finance company focused on investing in secured and unsecured debt for middle-market companies, aiming to maximize stockholder returns through current income and capital appreciation.