Monroe Capital Stock Price, News & Analysis

Monroe Capital Corporation (MRCC) reported its second-quarter financial results for the period ended June 30, 2022. Key highlights include net investment income of $5.0 million ($0.23 per share) and adjusted net investment income of $5.4 million ($0.25 per share), consistent with the previous quarter. The net asset value (NAV) decreased by 5.2% to $232.1 million ($10.71 per share) due to market volatility. A quarterly dividend of $0.25 per share was paid. Despite challenges like rising interest rates, Monroe reported strong credit performance and maintained robust new deal activity.

Monroe Capital Corporation (NASDAQ: MRCC) is set to report its second-quarter 2022 financial results on August 2, 2022, after market close. A webcast and conference call will follow on August 3, 2022, at 11:00 am ET to discuss the results. Monroe Capital specializes in investing in secured and unsecured debt for middle-market companies, aiming to maximize stockholder returns through current income and capital appreciation. The firm has received accolades for its performance in private credit markets.

Monroe Capital Corporation (NASDAQ: MRCC) has declared a cash distribution of $0.25 per share for Q2 2022, payable on June 30, 2022, to stockholders on record as of June 15, 2022. The company has a dividend reinvestment plan in place, allowing stockholders to reinvest distributions unless they opt for cash. Monroe Capital primarily invests in secured and unsecured debt for middle-market companies, aiming for total return through income and capital appreciation.

Monroe Capital Corporation (Nasdaq: MRCC) reported its Q1 2022 financial results, revealing a net investment income of $5.4 million or $0.25 per share, consistent with the previous quarter. The net asset value (NAV) decreased 1.8% to $244.9 million, or $11.30 per share, mainly due to unrealized portfolio losses and debt repayment costs. Despite market volatility, credit performance and deal activity remained strong, allowing the firm to maintain a 10.0% annual cash dividend. Leverage improved with a decrease from 1.35 to 1.30 times debt-to-equity.

Monroe Capital Corporation (NASDAQ: MRCC) announced it will release its Q1 2022 financial results on May 3, 2022, after market close. A conference call to discuss the results will take place on May 4, 2022, at 11:00 AM ET. The call can be accessed via a link on the company's Investor Relations website or by dialing in directly. Monroe Capital Corporation specializes in investing in secured and unsecured debt of middle-market companies, aiming to maximize total returns for shareholders.

Monroe Capital Corporation (Nasdaq: MRCC) reported fourth quarter 2021 results with Net Investment Income of $5.4 million ($0.25 per share), down from $6.3 million in the prior quarter. Full-year Net Investment Income totaled $22.2 million ($1.03 per share). The company declared a $0.25 per share distribution for Q1 2022, with a current cash dividend yield of approximately 9.2%. Net Asset Value rose to $249.5 million ($11.51 per share). Expenses decreased to $7.7 million, mainly due to lower incentive fees. Debt-to-equity leverage increased slightly from 1.11 to 1.13.

Monroe Capital Corporation (NASDAQ: MRCC) will report its Q4 and full year 2021 financial results on March 2, 2022. A conference call is scheduled for March 3, 2022, at 11:00 am ET to discuss the results. The call can be accessed by dialing (877) 312-8807 and referencing conference ID # 9853699. Monroe Capital Corporation focuses on investing in senior secured debt and related investments in middle-market companies, aiming to maximize total return for stockholders.

AdTheorent, a leading programmatic digital advertising company, announced that CEO Jim Lawson will present at Water Tower Research’s Virtual Fireside Chat on December 20, 2021, at 2pm ET. The presentation will cover growth opportunities for 2022. Following the chat, an archived replay will be available on the MCAP Acquisition Corporation website. MCAP raised $316 million in March 2021 and is focused on a proposed business combination with AdTheorent, set for a special meeting on December 21, 2021.

AdTheorent, a leader in programmatic digital advertising, reported a 49% year-over-year growth for the nine months ending September 30, 2021. The company has raised its 2021 revenue guidance twice, anticipating at least $161.6 million. Their CTV revenue surged nearly 300% in Q3 2021. AdTheorent also announced a planned business combination with MCAP Acquisition Corporation, expected to close on December 21, 2021, which will position them for further growth in the digital advertising sector.