Monroe Capital Corporation Schedules Second Quarter 2025 Earnings Release
- CHICAGO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its second quarter ended June 30, 2025 financial results on Monday, August 11, 2025, after the close of the financial markets.
- 08/08/2025
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Monroe Capital Supports GTCR's Investment in Clear Capital
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR. Founded in 2001 and headquartered in Reno, NV, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. The company provides customers with a complete understanding of nearly every U.S. property through AI-driven analytics, data.
- 08/05/2025
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Monroe Capital: Trading At A Large Discount For A Reason (Rating Downgrade)
- I am downgrading Monroe Capital to a sell rating due to the weak performance, NAV decline, and poor distribution coverage. Although MRCC offers a starting dividend yield of 15.8%, the BDC is relying on spillover income to pay out the dividends. MRCC stock trades at a large discount to NAV valuation, but this is a result of the portfolio weakness and should not be interpreted as an opportunity.
- 08/04/2025
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Monroe Capital Supports Tilia Holdings' Acquisition of Caputo Cheese
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Caputo Cheese (“Caputo”) by Tilia Holdings. Founded in 1978 and headquartered in Melrose Park, IL, Caputo is a value-added processor of high-quality Italian cheeses, including hard cheeses and fresh, soft cheeses, primarily serving the foodservice and food manufacturing sectors.
- 07/17/2025
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Monroe Capital Appoints Dimitri Stathopoulos as Head of Business Development – Americas to Drive Growth
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), a premier asset management firm, is pleased to announce the appointment of Dimitri Stathopoulos as Head of Business Development - Americas. This strategic leadership addition underscores Monroe's commitment to scaling its platform and achieving its growth goals. Mr. Stathopoulos brings over two decades of experience in institutional fundraising, strategic capital development, and investor relations. As Managing Director and head of capita.
- 07/14/2025
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KBRA Assigns Ratings to Monroe Capital Income Plus Corporation's $203 Million Senior Unsecured Notes Due 2028 and 2030
- NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's ("MCIP" or "the company") $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030. The rating Outlook is Stable. Proceeds will be used to repay secured debt. Key Credit Considerations The ratings are supported by MCIP's ties to the $20.7 billion Monroe Capital private credit platform, along with SEC exemptive relief to co-i.
- 07/08/2025
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KBRA Assigns Ratings to Monroe Capital Income Plus Corporation's $203 Million Senior Unsecured Notes Due 2028 and 2030
- NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings of BBB- to Monroe Capital Income Plus Corporation's ("MCIP" or "the company") $42 million, 6.20% senior unsecured notes due July 10, 2028, and its $161 million, 6.57% senior unsecured notes due July 10, 2030. The rating Outlook is Stable. Proceeds will be used to repay secured debt. Key Credit Considerations The ratings are supported by MCIP's ties to the $20.7 billion Monroe Capital private credit platform, along with SEC exemptive relief to co-i.
- 07/08/2025
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Monroe Capital Leads $100 Million Investment in NFS Capital, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, announced today that it has led a $100 million minority equity investment in NFS Capital, LLC (“NFS”). Founded in 2006, NFS is a leading provider of flexible equipment financing and asset-backed loans to small and mid-sized businesses across the U.S. and Canada. Since inception, the company has deployed over $1.5 billion in leases and loans, building a diversified portfolio across a wide range of industr.
- 07/08/2025
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BDC Dividend Cut Storm Likely Ahead
- High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
- 07/04/2025
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Monroe Capital and AIP Capital Announce Aircraft Leasing Venture
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) and AIP Capital (“AIP”) have announced a venture wherein Monroe will seek to acquire a diversified aircraft leasing portfolio of up to $1 billion of investments, consisting of mid-life aircraft on long term lease to airlines globally. Monroe will provide the investment capital and has identified AIP to act as servicer of the assets. Monroe has secured commitments from Deutsche Bank AG New York Branch and Fifth Third for an initial $500 mil.
- 07/01/2025
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Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks With Over 8% Dividend Yields
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 06/26/2025
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Monroe Capital Supports Gemspring Capital Management's Investment in Residence
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Residence by Gemspring Capital Management, LLC. Founded in 2022 and headquartered in Los Angeles, CA, Residence is a global network of creative companies that provide premium design & animation, experiential activation design, digital engineering, analytics, UX/UI, and brand strategy. The company's b.
- 06/25/2025
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2 Deep Value BDCs: One Bargain, One Bust
- Currently, an average BDC trades at an 8% discount to NAV. However, those with high dividend cut probabilities have 20%+ discounts. Many of these heavily punished BDCs are busts.
- 06/22/2025
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Monroe Capital Supports Growth of ATTOM Data Solutions
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of ATTOM Data Solutions (“ATTOM”), a portfolio company of Lovell Minnick Partners. Founded in 1996 and headquartered in Irvine, CA, ATTOM is a leading curator of land, property data, and real estate analytics. They provide property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, neighborho.
- 06/11/2025
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Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share
- CHICAGO, June 04, 2025 (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 2025, payable on June 30, 2025 to stockholders of record as of June 16, 2025. 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 06/04/2025
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Monroe Capital Supports Shore Capital Partners' Recapitalization of Sweetmore Bakeries
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization and growth of Sweetmore Bakeries (“Sweetmore”) by Shore Capital Partners. Headquartered in Park Ridge, IL, Sweetmore manufactures a diverse array of baked goods through its family of bakeries, offering products that accommodate specific customer needs in frozen dough and batter, fully baked thaw-and-serve, and shelf-stable f.
- 06/03/2025
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Monroe Capital Supports Fusion Capital Partners' Acquisition of Relevant Industrial, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Relevant Industrial, LLC (“Relevant”) by Fusion Capital Partners. Founded in 2019 and headquartered in Houston, TX, Relevant is a national distributor of flow control parts and solutions delivering offerings such as instrumentation and automation, rotating equipment, purification, actuated valves, and.
- 05/28/2025
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Monroe Capital Announces $250 Million Forward Flow Purchase of Consumer Recreational Vehicle and Marine Loans from Source One Financial Services, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Source One Financial Services, LLC (“Source One”) to originate and purchase consumer recreational vehicle (“RV”) and marine loans. The initial pool is expected to be $250 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Monroe partnership.
- 05/20/2025
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2 BDCs Likely To Cut Dividends Soon
- The current macro backdrop is restrictive for strong BDC sector performance. An important implication of this unfavorable environment is that many BDCs will have to sooner or later synchronize their dividend yields to portfolio asset yields (which have decreased quite a bit). In my view, we will see more and more BDC dividend cuts being announced this year.
- 05/15/2025
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BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
- We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
- 05/10/2025
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Monroe Capital (MRCC) Q1 2025 Earnings Call Transcript
- Monroe Capital (NASDAQ:MRCC ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Ted Koenig - Chief Executive Officer Mick Solimene - Chief Financial Officer & Chief Investment Officer Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's First Quarter 2025 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results and cash flows.
- 05/08/2025
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Monroe Capital: Poor Investment Choice Despite The Massive 14% Dividend Yield
- The "Hold" recommendation stands for Monroe Capital because of its weak financials and high leverage, even though the dividend yield reaches 14%. Since its 2012 launch, the stock value has decreased by 50%, while it fails to surpass resistance points, which suggests weak recovery potential. The high debt-to-equity ratio of about 1.45x, combined with a weak net investment income forecast, creates doubts about dividend sustainability and future refinancing difficulties.
- 05/08/2025
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Monroe Capital (MRCC) Q1 Earnings and Revenues Lag Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.25 per share a year ago.
- 05/07/2025
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Monroe Capital Corporation BDC Announces First Quarter 2025 Results
- CHICAGO, May 07, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the first quarter ended March 31, 2025.
- 05/07/2025
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Monroe Capital, SMBC and MA Financial Launch US$1.7 Billion Middle Market Lending Joint Venture
- NEW YORK & CHICAGO & SYDNEY--(BUSINESS WIRE)--Monroe Capital, Sumitomo Mitsui Banking Corporation and MA Asset Management announced the formation of a US$1.7 billion joint venture.
- 05/06/2025
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Monroe Capital Supports MidOcean Partners' Acquisition of GSTV
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of GSTV by MidOcean Partners, a premier New York-based alternative asset manager specializing in middle-market private equity. Founded in 2005 and headquartered in Detroit, MI, GSTV is the national on-the-go video network engaging and entertaining targeted audiences at scale acros.
- 05/01/2025
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Monroe Capital Supports Coral Tree Partners' Investment in Innovative Artists Entertainment
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Innovative Artists Entertainment, LLC (“Innovative Artists”) by Coral Tree Partners. Founded in 1982 and headquartered in Santa Monica, CA, Innovative Artists is a talent agency that represents actors, writers, directors, comedians, voice actors, and other entertainment professionals in television, film,.
- 04/22/2025
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Monroe Capital Corporation Schedules First Quarter 2025 Earnings Release and Conference Call
- CHICAGO, April 18, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its first quarter ended March 31, 2025 financial results on Wednesday, May 7, 2025, after the close of the financial markets.
- 04/18/2025
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Monroe Capital Supports Post Road Group's Archtop Fiber
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the closing of a senior credit facility to support the growth of Archtop Fiber (“Archtop”) by Post Road Group. Based in Kingston, New York, Archtop is a provider of multi-gig, 100%-fiber internet and phone service to residential and business customers across the Northeast. Since early 2024, Archtop has launched service in Kingston, Saugerties, Rhinebeck, Hudson, Warwick, and Woodsto.
- 04/15/2025
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Monroe Capital Supports Olympus Partners' Acquisition of PAI Pharma
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of PAI Pharma (“PAI”) by Olympus Partners. Founded in 1968 and based in Greenville, SC, PAI is a leading US oral generic liquids manufacturer of ready-to-dose cups and oral liquids bottles. PAI offers the broadest portfolio of generic oral liquid medicines in the industry, supporting retail chains, independent pharmacies, hospita.
- 04/08/2025
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Monroe Capital Supports Fusion Capital Partners' Acquisition of Tavoron Holdings, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Tavoron Holdings, Inc. (“Tavoron”) by Fusion Capital Partners. Founded in 1938 and based in Eagan, MN, Tavoron is a holding company that specializes in manufacturing automation and industrial systems, delivering a range of automation solutions and services to increase efficiency, improve production qua.
- 03/25/2025
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Monroe Capital Supports Growth of a360inc and ProVest, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of a360inc (“a360”) and ProVest, LLC (“ProVest”, together, the “Company”) by funds sponsored by Morgan Stanley Investment Management, Knox Capital, and Nonantum Capital Partners. Founded in 1991 and headquartered in Tampa, FL, ProVest is a legal support services firm, offering specialized expertise in managing.
- 03/11/2025
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Monroe Capital Supports Battery Ventures' Investment in Signiant, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Signiant, Inc. (“Signiant”) by Battery Ventures. Founded in 2000 and based in Lexington, MA, Signiant is a platform that allows large media files, from movies and TV shows to sports and news content, to move through the media supply chain quickly and securely, regardless of where the files are stored. Si.
- 03/06/2025
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Monroe Capital Selected as the 2024 Lower Mid-Market Lender of the Year by Private Debt Investor
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) was selected as the recipient of the 2024 Lower Mid-Market Lender of the Year (Americas) by the Private Debt Investor (“PDI”) awards. PDI is a private markets publication, tracking the institutions, the funds, and the transactions shaping the private debt markets. PDI is published by PEI, the only global B2B information group focused exclusively on private equity, private debt, private real estate, infrastructure and agri investing. The Pr.
- 03/04/2025
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Monroe Capital (MRCC) Q4 Earnings Top Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago.
- 03/03/2025
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Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2024 Results
- CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the fourth quarter and full year ended December 31, 2024. The Board of Directors of Monroe also declared its first quarter distribution of $0.25 per share, payable on March 31, 2025 to stockholders of record on March 14, 2025.
- 03/03/2025
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Monroe Capital Supports Avathon Capital's Acquisition of Yellow Brick Road Early Childhood Center
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital. Founded in 2006 and based in Minneapolis, MN, Yellow Brick Road is a network of early childhood education centers offering early care, preschool and afterschool services to families ac.
- 02/25/2025
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- CHICAGO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will file its Annual Report on Form 10-K for the year ended December 31, 2024 on Friday, February 28, 2025, after the close of the financial markets.
- 02/21/2025
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Monroe Capital Supports Olympus Partners' Acquisition of Accelevation Holding Company, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Accelevation Holding Company, LLC (“Accelevation”) by Olympus Partners. Founded in 2018 and based in Miamisburg, OH, Accelevation is a provider of infrastructure products and services to the data center market. Their vertically integrated offering includes white space design, custom manufacturing, and installation services to.
- 02/18/2025
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Monroe Capital Supports Platinum Equity's Investment in Global, The Source
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Global, the Source (“Global”) by Platinum Equity. Founded in 1982 and based in Universal City, Texas, Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects, whips, and more. Global serves HVAC/R wholesalers throughout the United States. The company has vert.
- 02/11/2025
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Monroe Capital Hires Galen Fu as Director, Business Development and Opens Australia Office
- CHICAGO & SYDNEY--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to Australia with the appointment of Galen Fu as Director, Business Development. Fu will be based in the firm's Sydney, Australia office and will be responsible for client servicing and capital raising across Australia. Fu has more than 14 years of experience in capital raising, portfolio management and banking in the Asia-Pacific region. Prior to Monroe, he was a Director in the Capita.
- 02/04/2025
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Monroe Capital: Slight Improvements May Not Be Enough To Offset Lower Interest Rates
- Monroe Capital has shown improvements in earnings and investment income, but NAV and portfolio value continue to decline, raising concerns about overall credit quality. Despite a solid dividend coverage of 124% and reduced debt, the BDC faces potential downside due to lower interest rates impacting financials. The stock trades at an 8.3% discount to NAV, with no significant upside expected and a potential drop to $7.25 in the coming months.
- 02/04/2025
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Monroe Capital Supports Aligned Exteriors Group's Acquisition of Home Pro Roofing
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Aligned Exteriors Group's (“AEG”) acquisition of Home Pro Roofing, an existing portfolio company created by River Sea Network and Pearl Street Capital Partners. Based in Grand Rapids, MI, Home Pro Roofing is a professional roofing company providing replacement, installation, repair, inspection, and storm damage services f.
- 01/29/2025
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Monroe Capital Supports Gryphon Investors' Investment in phData, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors. Founded in 2014 and based in Minneapolis, MN, phData is one of the largest pure-play data engineering companies globally, offering services including data engineering, AI and machine learning, analytics, and visualization to customers across the financial ser.
- 01/22/2025
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Monroe Capital Supports Maple Park Capital Partners' Acquisition of Rita's Italian Ice & Frozen Custard
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita's Italian Ice & Frozen Custard (“Rita's”) by Maple Park Capital Partners. Founded in 1984 and based in Trevose, Pennsylvania, Rita's is a franchisor of Italian ice and custard shops. The company has over 575 locations across 30 states primarily in the mid-Atlantic region including Pennsylvania,.
- 01/14/2025
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Monroe Capital: Current Premium Isn't Justified, But Earnings Have Improved (Rating Upgrade)
- Monroe Capital operates as a business development company with a large exposure to real estate related investments. The dividend yield is appealing at 11.6%, with improved coverage, but the non-accrual rate has increased, indicating portfolio stress. MRCC's portfolio is heavily vulnerable to higher interest rates, as the cost of borrowing shrinks borrower operating margins.
- 01/08/2025
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Monroe Capital Supports NationsBenefits' Acquisition of General Vision Services
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits' acquisition of General Vision Services, an existing portfolio company of General Atlantic, The Pritzker Organization, and Denali Growth Partners. Based in New York, NY, General Vision Services is a premier managed vision care and revenue cycle management company. General Vision Services provides eyecare b.
- 01/07/2025
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Monroe Capital Supports Alpine Investors' Investment in Guardian Restoration Partners
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization of Guardian Restoration Partners (“Guardian”), an existing portfolio company of Alpine Investors. Based in Denver, Colorado, Guardian is an end-to-end provider of mitigation and restoration services, acting as a first responder following damage to properties due to water damage, storms, and fires. The Company's primary servi.
- 12/17/2024
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Dividend Cut Alert: 2 BDCs With Likely Lower Dividends In 2025
- BDCs offer attractive opportunities for income investors to enhance their portfolio yields. Yet, since the yields are so enticing, the chances are high for getting caught in value traps. In the article I elaborate on two BDCs that are very close to cutting their dividends with a high probability of making the announcements in 2025.
- 12/12/2024
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Monroe Capital Supports The Gersh Agency Inc.'s Acquisition of You First
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners. Founded in 1949 and based in Beverly Hills, CA, Gersh is a full-service talent agency that represents a leading roster of actors, writers, directors, comedians and other entertainment professionals in television, f.
- 12/12/2024
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Monroe Capital Supports Sumeru Equity Partners' Acquisition of JobNimbus
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of JobNimbus by Sumeru Equity Partners. Founded in 2013 and headquartered in Lehi, Utah, JobNimbus is a leading business management software platform designed to provide roofing contractors with comprehensive, end-to-end solutions. The platform offers a suite of services, including CRM, sales and marketing.
- 12/10/2024
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.25 Per Share
- CHICAGO, Dec. 06, 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 fourth quarter of 2024, payable on December 30, 2024 to stockholders of record as of December 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 automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 12/06/2024
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Monroe Capital Supports Shamrock Capital's Acquisition of DE-YAN
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of DE-YAN by Shamrock Capital. Founded in 2014 and headquartered in New York City, NY, DE-YAN is an experiential studio that provides design, production, and integrated strategy services for live marketing events including product launches, conferences and brand activations. The Company specializes in inco.
- 12/03/2024
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Monroe Capital Supports Zenyth Partners' Helping Hands Family
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Mission Autism Clinics (“MAC”) by Helping Hands Family, an existing portfolio company of Zenyth Partners. Founded in 2019 and headquartered in King of Prussia, PA, Helping Hands Family is a provider of Applied Behavior Analysis (“ABA”) with clinics in CT, MD, NJ, NY, and PA. Founded in Hazleton, PA, MAC.
- 11/26/2024
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Monroe Capital (MRCC) Q3 2024 Earnings Call Transcript
- Monroe Capital (NASDAQ:MRCC ) Q3 2024 Earnings Call Transcript November 13, 2024 11:00 AM ET Company Participants Ted Koenig - CEO Mick Solimene - CFO and CIO Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Third Quarter 2024 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results and cash flows, although we believe these statements are reasonable based on management's estimates, assumptions and projections as of today, November 13, 2024.
- 11/15/2024
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Monroe Capital (MRCC) Tops Q3 Earnings and Revenue Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago.
- 11/12/2024
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Monroe Capital Corporation BDC Announces Third Quarter 2024 Results
- CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the third quarter ended September 30, 2024.
- 11/12/2024
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Monroe Capital Closes Inaugural $315 Million Collateralized Fund Obligation
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of its inaugural collateralized fund obligation (“CFO”) known as Monroe Capital CFO I, Ltd. The $315 million CFO provides investors access to a diversified portfolio of Monroe's strategies, including Monroe's flagship senior secured direct lending and alternative credit solutions platforms, in both rated and non-rated securities. Seth Friedman, Head of Structured Solutions for Monroe said, “We are thrilled to cl.
- 11/07/2024
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KBRA Assigns Preliminary Ratings to Monroe Capital Income Plus ABS Funding II, LLC
- NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital Income Plus ABS Funding II, LLC (“MCIP II”), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. Monroe Capital Income Plus ABS Funding II, LLC is a $255.0 million securitization managed by Monroe BDC Advisors, LLC (“Monroe” or the “Collateral Manager”), an affiliate of Monroe Capital LLC. The securitization consists of $163.2 million of Class.
- 11/06/2024
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Monroe Capital Named to Inc.'s 2024 List of Founder-Friendly Investors
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) has been selected by Inc. Magazine's 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms with a track record of backing founder-led companies and helping them achieve success. As a founder-led business itself, Monroe understands that the key to success lies in supporting visionary leaders and their organization. The firm's investment strategy includes providing a partnership for founde.
- 11/01/2024
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Monroe Capital Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
- 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.
- 10/21/2024
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Monroe Capital Supports the Growth of Izzio Artisan Bakery
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery. Founded in 1994 and based in Louisville, CO, Izzio Artisan Bakery is a family-owned wholesale bakery that produces traditional sourdough breads. The customer base primarily consists of U.S. grocery store chains. Izzio Artisan Bakery is recognized by end consumers and store purchasers fo.
- 10/17/2024
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All You Need to Know About Monroe Capital (MRCC) Rating Upgrade to Strong Buy
- Monroe Capital (MRCC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/10/2024
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Best Income Stocks to Buy for October 10th
- MRCC, DBSDY and MFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 10, 2024.
- 10/10/2024
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Monroe Capital Supports Cloudbreak Health, LLC's Acquisition of Voyce Global
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR. Founded in Sunrise, FL, Voyce is a provider of tech-enabled language interpretation services primarily in healthcare end-markets, offering both video remote interpretation and over-the-phone interpretation for over 240 languages. Voyce tec.
- 10/09/2024
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Monroe Capital Supports Relevate Health Group's Acquisition of Level Ex Games Pharma and Life Sciences Division
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of the Level Ex Games (“Level Ex”) pharma and life sciences division by Relevate Health Group (“Relevate”), an existing portfolio company of Mountaingate Capital. Based in Chicago, IL, Level Ex is a video game technology platform that delivers healthcare professional engagement solutions primarily for phar.
- 10/01/2024
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White House Partners with Monroe Capital to Launch New Strategy to Support U.S. Automotive Industry Growth Initiatives and American Autoworkers
- CHICAGO--(BUSINESS WIRE)--The White House selected Monroe Capital LLC (“Monroe”) to develop a first-of-its-kind investment strategy focused on supporting businesses operating in the U.S. automotive supply chain. Along with the anticipated advisory support of MEMA, The Vehicle Suppliers Association (“MEMA”) and the Alliance for Automotive Innovation, Monroe intends to launch this new strategy (the “Drive Forward Fund LP” or the “Fund”) to help address this key White House initiative. The Drive F.
- 09/23/2024
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Monroe Capital Corporation Announces Third Quarter Distribution of $0.25 Per Share
- 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 automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 09/03/2024
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Monroe Capital: Optical Improvements And Weak Fundamentals
- Monroe Capital (MRCC) has recently managed to outperform the broader BDC market, partly due to some additional certainty on the dividend coverage front after the Q2 report. However, if we dig deeper into the data, we will see that these improvements are temporary and the underlying picture remains uncertain. MRCC faces high leverage, dividend coverage issues, and deteriorating portfolio quality, making it risky for long-term investment despite a discount to NAV.
- 08/31/2024
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Monroe Capital Corporation (MRCC) Q2 2024 Earnings Call Transcript
- Monroe Capital Corporation (NASDAQ:MRCC ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Ted Koeing - Chief Executive Officer Mick Solimene - Chief Investment Officer and CFO Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Second Quarter 2024 Earnings Conference Call. Before we begin, I'd like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, belief, future potential, operating results and cash flows.
- 08/08/2024
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Monroe Capital (MRCC) Beats Q2 Earnings and Revenue Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago.
- 08/07/2024
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Monroe Capital Corporation BDC Announces Second Quarter 2024 Results
- CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the second quarter ended June 30, 2024.
- 08/07/2024
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Monroe Capital Closes $561.8 Million Collateralized Loan Obligation XVI
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced the closing of a $561.8 million term debt securitization known as Monroe Capital MML CLO XVI, LTD. The term financing was Monroe's fourth CLO completed since 2022 and is secured by a portfolio of middle market senior secured loans. Monroe sold securities rated from AAA through BB-. Monroe and its affiliates retained a majority of the subordinated notes in the transaction. BNP Paribas served as the Lead Manager, Placement an.
- 07/29/2024
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KBRA Assigns Rating to Monroe Capital Income Plus Corporation's $204 Million Senior Unsecured Notes due 2029
- NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to Monroe Capital Income Plus Corporation's (“MCIP” or “the company”) $204 million 7.47% senior unsecured notes due 2029. The notes comprise a $156 million tranche and a $48 million tranche with maturities of July 24, 2029, and September 18, 2029, respectively. The $156 million and $48 million tranches are expected to fund on July 24, 2024, and September 18, 2024, respectively. The rating Outlook is Stable. The proceeds will be used for t.
- 07/23/2024
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3 Above-10% Yielding BDCs To Play The Private Credit Boom
- Private credit funds and business development corporations often offer 10% yields. Some of these funds are locked up for long periods, causing liquidity problems. Listed BDCs are not. Wall Street is worried about private credit eating its debt-issuance lunch.
- 07/22/2024
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Monroe Capital Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
- 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.
- 07/19/2024
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Want $18,000 in Passive Income? Invest $15,000 in These Dividend Stocks
- 24/7 Wall Street Insights Inflation and reduced purchasing power due to escalating prices is impacting millions of Americans.
- 07/11/2024
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Monroe Capital Supports PrecisionX Group's Acquisition of National Manufacturing Co.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of National Manufacturing Co. ("National" or the “Company”) by PrecisionX Group, an existing portfolio company of CORE Industrial Partners (“CORE”). PrecisionX Group was formed in 2023 following two previous CORE acquisitions, GEM Manufacturing and Coining. Founded in 1944 and headquartered in Piscataway,.
- 07/10/2024
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Monroe Capital Supports Protos Security's Acquisition of Summit Off Duty Services
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Summit Off Duty Services (“Summit”) by Security Services Holdings LLC ("Protos Security"), an existing portfolio company of Southfield Capital. Protos Security is a tech-enabled vendor managed security services provider in North America. Headquartered in Irving, TX, Summit is an off-duty police officer.
- 06/25/2024
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KBRA Assigns Preliminary Ratings to Monroe Capital ABS Funding II, LP
- NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of debt issued by Monroe Capital ABS Funding II, LP ("MCAF 2024-1"), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. This transaction is a reset of the Monroe Capital ABS Funding II, LP, which originally closed in February 2023. MCAF 2024-1 is a $528.4 million securitization managed by Monroe Capital Management Advisors, LLC (“Monroe” or the “Collateral Manager”), an affili.
- 06/25/2024
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Monroe Capital Supports Superior Waste Industries, LLC's Add-On Acquisitions
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Shawnee Dumpster Services (“SDS”) and Sue's Recycling & Sanitation (“Sue's”) by Superior Waste Industries, LLC, d/b/a Superior USA Waste (“Superior”), an existing portfolio company of Red Dog Equity, LLC. Based in Shawnee, OK, Superior is an environmental service holding company. SDS is a solid was.
- 06/20/2024
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Monroe Capital Supports Specialized Packaging Group's Acquisition of Clark Foam Corporation
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Clark Foam Corporation (“Clark Foam”) by Specialized Packaging Group (“SPG”), an existing portfolio company of Altamont Capital Partners. SPG is a leading vertically integrated provider of protective packaging products. Based in Illinois, Clark Foam provides custom-designed packaging solutions for a di.
- 06/18/2024
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Monroe Capital Supports Growth of Signal 88, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Signal 88, LLC (“Signal Security”). Founded in 2003 and based in Omaha, NE, Signal Security is an operator of security and patrol services including mobile patrol, dedicated security guard services, concierge and camera monitoring and commercial and industrial solutions. Signal Security serves local communities b.
- 06/11/2024
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Monroe Capital: The Risks Are Still Too Excessive To Go Long
- Monroe Capital (MRCC) has outperformed the BDC market despite my previous concerns about its risk profile. Yet, Q1 2024 earnings show a decrease in underlying NAV and a decline in adjusted net investment income, raising questions about dividend sustainability. The leverage has increased, making it the fourth most leveraged BDC, and a significant portion of the borrowings are based on cheap fixed rate financing which will inevitably increase the borrowing costs.
- 06/06/2024
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Monroe Capital Supports Zenyth Partners' The Smilist Management
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the continued growth of The Smilist Management (“The Smilist”), an existing portfolio company of Zenyth Partners. Founded in 2014 and based in Great Neck, NY, The Smilist is a leading Northeast-focused dental support organization. The company supports over 60 locations with over 1,200 employees in New York, New Jersey, Connecticut, Delaware and.
- 06/06/2024
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Monroe Capital Supports Sheer Logistics' Acquisition of CargoBarn
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of CargoBarn by Sheer Logistics, an existing portfolio company of Woodlawn Partners. Sheer Logistics is a premier provider of 4PL/Managed Transportation Services, value-based logistics, freight brokerage, TMS technology and Integration Platform as a Service (IPaaS) solutions purpos.
- 06/04/2024
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Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share
- 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 06/03/2024
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Monroe Capital Supports Avathon Capital's Acquisition of Summit Professional Education
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Summit Professional Education (“Summit”) by Avathon Capital. Founded in 2004, Summit is a provider of in-person and online continuing and professional education ("CPE") courses for physical therapists and assistants, occupational therapists and assistants, and speech language pa.
- 05/29/2024
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Monroe Capital Supports Dealer Services Network's Acquisition of Express OMV
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Dealer Services Network's (“DSN”) acquisition of Express OMV. DSN is an existing portfolio company of Frontenac. Based in South Florida, DSN is a technology-enabled provider of title and registration services for automotive retailers, rental car companies, consumers, and governmental agencies. The acquisition of Express O.
- 05/23/2024
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Monroe Capital: Rising Non-Accruals Threaten Current Dividend
- Monroe Capital is a smaller BDC focused on lower middle market companies in the US and Canada. The high dividend yield of 13.5% has helped maintain positive total returns, but another dividend cut is expected due to the thin NII per share coverage. MRCC's portfolio is heavily exposed to the real estate sector, which has hindered its growth due to higher interest rates.
- 05/21/2024
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Monroe Capital Supports Central Moloney, Inc.'s Acquisition of Cam Tran Co. Ltd.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Cam Tran Co. Ltd. (“Cam Tran”), by Central Moloney, Inc. (“CMI”). CMI is an existing portfolio company of Wind Point Partners. Founded in 1949 and based in Pine Bluff, Arkansas, CMI offers a full suite of customizable distribution transformers and transformer components. Cam Tr.
- 05/21/2024
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Monroe Capital Supports GTCR's Acquisition of Cloudbreak Health
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Cloudbreak Health (“Cloudbreak”) by GTCR. Headquartered in Columbus, OH, Cloudbreak is a leading video-focused language interpretation service provider that helps patients with limited English proficiency, as well as deaf and hard-of-hearing populations, communicate with caregivers in healthcare settings. The Company's core offerin.
- 05/16/2024
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Monroe Capital Supports TZP Group's The Black Tux, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of refinancing of The Black Tux, Inc. (“The Black Tux”), an existing portfolio company of TZP Group and Stripes Group. Founded in 2013, The Black Tux is a vertically integrated omni-channel provider of men's formalwear. The company designs and manufactures contemporary suits and tuxedos for rent or for sale. In add.
- 05/14/2024
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Monroe Capital (MRCC) Misses Q1 Earnings and Revenue Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.31 per share a year ago.
- 05/08/2024
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Monroe Capital Corporation BDC Announces First Quarter 2024 Results
- 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.
- 05/08/2024
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Monroe Capital Supports LLR Partners and FTV Capital's Investment in ParkHub and JustPark Merger
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital. Based in Dallas, TX, ParkHub is a leading provider of parking management software and payments solutions, including facilitating payments and delivering real-time business insights for parking operators and venue management companies acr.
- 05/07/2024
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Monroe Capital Supports Valudor Products, LLC's Acquisition of LidoChem, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of LidoChem, Inc. (“LidoChem”) by Valudor Products, LLC (“Valudor Products”). Based in Encinitas, CA, Valudor Products is a market leader in the sourcing of chemical raw materials in the agricultural and industrial space in Canada, United States and Latin-America. Valudor Products.
- 05/02/2024
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Monroe Capital Supports Wind Point Partners' Acquisition of MOREgroup, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners. Headquartered in Fort Worth, TX, MOREgroup is a family of leading architecture and engineering brands focused on education, healthcare and government end markets. The company offers a turnkey suite of architecture, design and adjacent engineering services.
- 04/30/2024
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Monroe Capital Supports Trivest Partners' Epika Fleet Services
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the future growth of Epika Fleet Services (“Epika”), an existing portfolio company of Trivest Partners. Headquartered in Nashville, TN, Epika is a coast-to-coast provider of mobile and in-shop preventive maintenance services for heavy and medium duty commercial truck and trailer fleets. Epika's vast co.
- 04/25/2024
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Monroe Capital Supports Altamont Capital Partners' Bishop Lifting Products, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the growth of Bishop Lifting Products, Inc. (“Bishop Lifting”), an existing portfolio company of Altamont Capital Partners. Headquartered in Houston, TX, Bishop Lifting is a specialty industrial distributor of lifting and safety products/services. The company's product portfolio includes wire rope, slings, hooks, c.
- 04/23/2024
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Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
- 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.
- 04/19/2024
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Monroe Capital Supports Growth of Exiger
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as the sole lead arranger and administrative agent in the funding of a senior credit facility to support the growth of Exiger, alongside private equity sponsors Carlyle, Insight Partners, and JMI. Based in New York, NY, Exiger is the market leading SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains. Exiger provides mission-critical enterprise software that delivers visib.
- 04/18/2024
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Monroe Capital Supports Leeds Equity Partners' TouchMath
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TouchMath by Leeds Equity Partners. Founded in 1975 and based in Colorado Springs, CO, TouchMath is a leading provider of multisensory math curriculum designed to help students with learning disabilities and those struggling with math concepts understand and master mathematics. TouchMath provides high-q.
- 04/16/2024
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Monroe Capital: Significantly Undervalued With Double-Digit Yield
- Monroe Capital's stock price has declined in the past three years, but the company remains fundamentally sound with strong end markets and a fully covered dividend. The company is well-positioned in the lower middle private credit market, which has seen growth due to tightening lending policies and increased demand from lower- and middle-market companies. Monroe Capital has improved its debt and liquidity position, has a strong portfolio credit quality, and is actively seeking attractive investment opportunities.
- 03/29/2024
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Monroe Capital Hires Waleed Noor as Head of Middle East and Plans to Open Abu Dhabi Office
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it has expanded its platform to the Middle East with the appointment of Waleed Noor as Managing Director and Head of Middle East Distribution. Monroe is in the process of opening an office in Abu Dhabi. Mr. Noor will be based in Abu Dhabi and be responsible for representing Monroe throughout the region. Prior to Monroe, Mr. Noor was a Managing Director, Head of Structured Solutions Sales (MEA Region) at Commerzbank AG, wher.
- 03/19/2024
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Monroe Capital (MRCC) Q4 2023 Earnings Call Transcript
- Monroe Capital (MRCC) Q4 2023 Earnings Call Transcript
- 03/12/2024
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Monroe Capital (MRCC) Q4 Earnings and Revenues Miss Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.25 per share a year ago.
- 03/11/2024
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Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2023 Results
- 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.
- 03/11/2024
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Monroe Capital Funds Make Strategic Investment in Second Avenue
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, today announced it has acquired a strategic minority ownership interest in Second Avenue's operating company and has allocated approximately $250 million of additional capital to its investment platform through a mix of debt and equity capital. The $250 million is structured as a follow-on investment that is expected to be deployed across various opportunities in 2024. This is in addition to Monroe's pre.
- 03/11/2024
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Monroe Capital Corporation Announces First Quarter Distribution of $0.25 Per Share
- 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 03/05/2024
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Monroe Capital Selected as 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year by Private Debt Investor
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year (Americas). PDI is a private markets publication, tracking the institutions, the funds, and the transactions shaping the private debt markets. PDI is published by PEI, the only global B2B information group focused exclusively on private equity, private debt, private real esta.
- 03/05/2024
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Monroe Capital Supports Equity Group Investments' Lanter Delivery Systems
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to provide continued growth financing of Lanter Delivery Systems, an existing portfolio company of Equity Group Investments, the private investment firm founded by Sam Zell. Founded more than 40 years ago and based in St. Louis, Missouri, Lanter Delivery Systems is the country's recognized leader in overnight delivery of critical p.
- 02/21/2024
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Monroe Capital: 3 Reasons To Avoid This BDC
- Monroe Capital is a small BDC and relatively unpopular one with a market cap of ~$150 million providing financing for companies in the US and Canada. Portfolio-wise the structure is quite conventional with ~80% located in first lien and a nice distribution among various sectors without any major focus into speculative areas. Yet, the fact that MRCC has one of the most indebted balance sheets and fully exhausted dividend coverage renders this investment overly speculative, even considering 14.4% yield.
- 12/26/2023
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Monroe Capital: Limit Your Exposure To This 14% Yield
- Monroe Capital trades at a 26% discount to its net asset value, with persistent NAV headwinds affecting total returns. Investment income is declining as the BDC currently pays out 100% of NII. Credit underwriting is stable, but payment-in-kind income is rising, and the dividend could be reduced once the Fed starts cutting interest rates.
- 11/21/2023
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Monroe Capital (MRCC) Q3 2023 Earnings Call Transcript
- Monroe Capital (NASDAQ:MRCC ) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ET Company Participants Ted Koenig - Chairman & Chief Executive Officer Mick Solimene - Chief Financial Officer & Chief Investment Officer Alex Parmacek - Deputy Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's Third Quarter 2023 Earnings Conference Call. Before we begin, I would like to take the moment to remind our listeners that remarks made during this call today may contain certain forward statements -- forward-looking statements, including statements regarding our goals, strategies, beliefs, future financial operating results and cash flows.
- 11/09/2023
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3 Business Development Companies Yielding Over 7%
- Business development companies, or BDCs, typically have high dividend yields, as they are required to distribute nearly all of their earnings to shareholders. BDCs receive favorable tax treatment, and, in return, they aren't allowed to retain earnings in the same way other companies are.
- 11/02/2023
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Monroe Capital Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call
- CHICAGO, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter 2023 financial results on Wednesday, November 8, 2023, after the close of the financial markets.
- 10/20/2023
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Monroe Capital: The 13.5% Yield Is Safer But NAV Is Still Falling
- Monroe Capital is paying its common shareholders a 13.5% dividend yield. The $0.25 per share quarterly distributions have remained stable for the last 3 years with the BDC paying out 92.6% of its fiscal 2023 second-quarter net investment income. Net asset value declined during the second quarter by $0.45, with the BDC currently trading at a 25% discount to NAV.
- 08/26/2023
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Monroe Capital (MRCC) Q2 Earnings Match Estimates
- Monroe Capital (MRCC) came out with quarterly earnings of $0.28 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.25 per share a year ago.
- 08/09/2023
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Best Income Stocks to Buy for June 22nd
- IVR, PNNT and MRCC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 22, 2023.
- 06/22/2023
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Safer 12% Yield: Goldman Sachs BDC Or Monroe Capital
- GSBD and MRCC have among the highest dividend yields for the BDC sector, currently over 12%. We compare the credit quality of their portfolios to help explain why these companies typically have higher yields. One of these BDCs has a relatively safer portfolio, and we provide a list of positive and negative considerations.
- 06/21/2023
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BDC Weekly Review: Q1 Sector Results Review
- We take a look at the action in business development companies through the second week of June and highlight some of the key themes we are watching. BDCs had a strong week with a nearly 3% return. We sum up the key metrics from Q1 results.
- 06/17/2023
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Earnings Estimates Moving Higher for Monroe Capital (MRCC): Time to Buy?
- Monroe Capital (MRCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/31/2023
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How Much Upside is Left in Monroe Capital (MRCC)? Wall Street Analysts Think 27.9%
- The average of price targets set by Wall Street analysts indicates a potential upside of 27.9% in Monroe Capital (MRCC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 05/25/2023
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Monroe Capital (MRCC) Misses Q4 Earnings and Revenue Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of -7.41% and 0.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/01/2023
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
- CHICAGO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its fourth quarter and full year 2022 financial results on Wednesday, March 1, 2023, after the close of the financial markets.
- 02/10/2023
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Best Income Stocks to Buy for November 14th
- AGNC, MRCC and PTMN made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 14, 2022.
- 11/14/2022
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Best Income Stocks to Buy for November 11th
- MRCC, GWW and NMFC made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 11, 2022.
- 11/11/2022
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Best Value Stocks to Buy for November 11th
- PRDO, CVCO and MRCC made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 11, 2022.
- 11/11/2022
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Monroe Capital Corporation (MRCC) Q3 2022 Earnings Call Transcript
- Monroe Capital Corporation (NASDAQ:MRCC ) Q3 2022 Earnings Conference Call November 8, 2022 3:00 PM ET Company Participants Theodore Koenig - Chairman, President & CEO Mick Solimene - Chief Investment Officer and CFO Conference Call Participants Kevin Fultz - JMP Securities Robert Dodd - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Bryce Rowe - B Riley FBR Operator Welcome to Monroe Capital Corporation's Third Quarter 2022 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results or cash flows, particularly in light of the COVID-19 pandemic.
- 11/08/2022
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Monroe Capital (MRCC) Tops Q3 Earnings and Revenue Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 16% and 14.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/07/2022
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Monroe Capital Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
- CHICAGO, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter 2022 financial results on Monday, November 7, 2022, after the close of the financial markets.
- 10/21/2022
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Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q2 2022 Results - Earnings Call Transcript
- Monroe Capital Corp (NASDAQ:MRCC ) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Theodore Koenig - Chairman, President & CEO Lewis Solimene - CFO & CIO Conference Call Participants Kevin Fultz - JMP Securities Christopher Nolan - Ladenburg Thalmann & Co. Robert Dodd - Raymond James & Associates Operator Welcome to Monroe Capital Corporation's Second Quarter 2022 Earnings Conference Call. Before we begin, I would like to take a moment to remind our listeners that remarks made during this call may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results or cash flows, particularly in light of the COVID-19 pandemic.
- 08/03/2022
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Monroe Capital Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call
- CHICAGO, July 20, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its second quarter 2022 financial results on Tuesday, August 2, 2022, after the close of the financial markets.
- 07/20/2022
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Monroe Capital: Avoid This 10.7% Yielding Value Trap
- Monroe Capital has cyclical real estate exposure and a weak history of book value growth. The BDC had a 100% NII pay-out ratio in the last two quarters, therefore no margin of safety.
- 07/13/2022
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Monroe Capital (MRCC) CEO Ted Koenig on Q1 2022 Results - Earnings Call Transcript
- Monroe Capital (NASDAQ:MRCC ) Q1 2022 Earnings Conference Call May 4, 2022 11:00 AM ET Company Participants Ted Koenig - Chief Executive Officer Aaron Peck - Chief Financial Officer & Chief Investment Officer Mick Solimene - Senior Portfolio Manager Conference Call Participants Christopher Nolan - Ladenburg Thalmann Kevin Fultz - JMP Securities Robert Dodd - Raymond James Operator Welcome to Monroe Capital Corporation's First Quarter 2022 Earnings Conference Call. Before we begin, I'd like to take a moment to remind our listeners that remarks made during this call today may contain certain forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results or cash flows particularly in light of the COVID-19 pandemic.
- 05/04/2022
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Monroe Capital (MRCC) Matches Q1 Earnings Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 0% and 4.09%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
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Monroe Capital Corporation Schedules First Quarter 2022 Earnings Release and Conference Call
- CHICAGO, April 25, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its first quarter 2022 financial results on Tuesday, May 3, 2022, after the close of the financial markets.
- 04/25/2022
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Monroe Capital (MRCC) CEO Ted Koenig on Q4 2021 Results - Earnings Call Transcript
- Monroe Capital (MRCC) CEO Ted Koenig on Q4 2021 Results - Earnings Call Transcript
- 03/03/2022
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Monroe Capital (MRCC) Matches Q4 Earnings Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 0% and 2.42%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 03/02/2022
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
- CHICAGO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its fourth quarter and full year 2021 financial results on Wednesday, March 2, 2022, after the close of the financial markets.
- 02/28/2022
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AdTheorent to Present at Water Tower Research Fireside Chat
- NEW YORK--(BUSINESS WIRE)--AdTheorent Holding Company, LLC (“AdTheorent” or “the Company”), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver real-world results for advertisers and marketers, today announced that its CEO, Jim Lawson, will present at Water Tower Research's Virtual Fireside Chat to discuss 2022 growth opportunities. Date: December 20, 2021 Time: 2pm ET Live webcast: https://www.mcapacquisitioncor
- 12/17/2021
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AdTheorent to Present at Water Tower Research Fireside Chat
- NEW YORK--(BUSINESS WIRE)--AdTheorent Holding Company, LLC (“AdTheorent” or “the Company”), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver real-world results for advertisers and marketers, today announced that its CEO, Jim Lawson, will present at Water Tower Research's Virtual Fireside Chat to discuss Connected TV (CTV). Date: December 14, 2021 Time: 11am ET Live webcast: https://www.mcapacquisitioncorp.com/
- 12/10/2021
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AdTheorent to Present at Water Tower Research Fireside Chat
- NEW YORK--(BUSINESS WIRE)--AdTheorent Holding Company, LLC (“AdTheorent” or “the Company”), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver real-world results for advertisers and marketers, today announced that its CEO, Jim Lawson, will present at Water Tower Research's Virtual Fireside Chat to discuss industry trends. Date: December 8, 2021 Time: 11am ET Live webcast: https://www.mcapacquisitioncorp.com/inve
- 12/06/2021
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Monroe Capital (MRCC) CEO Theodore Koenig on Q3 2021 Results - Earnings Call Transcript
- Monroe Capital (MRCC) CEO Theodore Koenig on Q3 2021 Results - Earnings Call Transcript
- 11/03/2021
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Monroe Capital (MRCC) Surpasses Q3 Earnings and Revenue Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 20.00% and 19.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/02/2021
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Monroe Capital Corporation Schedules Third Quarter 2021 Earnings Release and Conference Call
- CHICAGO, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter 2021 financial results on Tuesday, November 2, 2021, after the close of the financial markets.
- 10/25/2021
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Monroe Capital Corporation Announces Third Quarter Distribution of $0.25 Per Share
- CHICAGO, Sept. 02, 2021 (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 2021, payable on September 30, 2021 to stockholders of record as of September 16, 2021. 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 09/02/2021
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Monroe Capital Supports Monomoy Capital Partners' Acquisition of Liberty Safe Holding Corporation
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Liberty Safe Holding Corporation (“Liberty Safe”) by private equity sponsor Monomoy Capital Partners. Founded in 1988 and headquartered in Payson, Utah, Liberty Safe is a leading designer, manufacturer and distributor of branded and private label home and gun safes for residential use. The company
- 08/25/2021
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Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q2 2021 Results - Earnings Call Transcript
- Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q2 2021 Results - Earnings Call Transcript
- 08/04/2021
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Monroe Capital (MRCC) Q2 Earnings Meet Estimates
- 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?
- 08/03/2021
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Monroe Capital: Q2 Earnings Insights
- Shares of Monroe Capital (NASDAQ:MRCC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were down 59.68% year over year to $0.25, which were in line with the estimate of $0.25.
- 08/03/2021
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Monroe Capital Corporation BDC Announces Second Quarter 2021 Results
- CHICAGO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2021.
- 08/03/2021
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Monroe Capital Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call
- CHICAGO, July 22, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its second quarter 2021 financial results on Tuesday, August 3, 2021, after the close of the financial markets.
- 07/22/2021
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Monroe Capital Supports CORE Industrial Partners' Arizona Natural Resources
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Marianna Beauty Holdings, Inc. (“Marianna”) by Arizona Natural Resources (“ANR”), a portfolio company of CORE Industrial Partners. Founded in 1968 and based in Omaha, Nebraska, Marianna is a full-service custom manufacturer, formulator and distributor of client-tailored hair care, hand and body pr
- 06/22/2021
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Monroe Capital Supports Golden Gate Capital's Acquisition of Securly, Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Securly, Inc. (“Securly”) by private equity sponsor Golden Gate Capital. Founded in 2012 and based in San Jose, CA, Securly is an end-to-end student safety and device management platform serving more than 10 million students globally across 2,500 K-12 school districts. Securly's pioneering student
- 06/16/2021
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Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share
- CHICAGO, June 02, 2021 (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 2021, payable on June 30, 2021 to stockholders of record as of June 16, 2021. The Company has 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. As a result, 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 06/02/2021
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Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q1 2021 Results - Earnings Call Transcript
- Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q1 2021 Results - Earnings Call Transcript
- 05/05/2021
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Monroe Capital (MRCC) Surpasses Q1 Earnings Estimates
- 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?
- 05/04/2021
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Monroe Capital: Q1 Earnings Insights
- Shares of Monroe Capital (NASDAQ:MRCC) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 24.24% year over year to $0.25, which beat the estimate of $0.24.
- 05/04/2021
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Monroe Capital Corporation BDC Announces First Quarter 2021 Results
- CHICAGO, May 04, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the first quarter ended March 31, 2021.
- 05/04/2021
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Monroe Capital Corporation Schedules First Quarter 2021 Earnings Release and Conference Call
- CHICAGO, April 22, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its first quarter 2021 financial results on Tuesday, May 4, 2021, after the close of the financial markets.
- 04/22/2021
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Monroe Capital Corp (MRCC) is Overbought: Is A Drop Coming?
- Monroe Capital Corporation (MRCC) has moved higher as of late, but there could definitely be trouble on the horizon for this company
- 03/10/2021
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Monroe Capital Corporation (MRCC) CEO Ted Koenig on Q4 2020 Results - Earnings Call Transcript
- Monroe Capital Corporation (MRCC) CEO Ted Koenig on Q4 2020 Results - Earnings Call Transcript
- 03/03/2021
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Monroe Capital (MRCC) Surpasses Q4 Earnings Estimates
- 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?
- 03/02/2021
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Monroe Capital: Q4 Earnings Insights
- Shares of Monroe Capital (NASDAQ:MRCC) were flat after the company reported Q4 results. Quarterly Results Earnings per share decreased 32.43% year over year to $0.25, which beat the estimate of $0.24.
- 03/02/2021
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Monroe Capital Corporation BDC Announces Fourth Quarter And Full Year 2020 Results
- CHICAGO, March 02, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2020. The Board of Directors of Monroe also declared its first quarter distribution of $0.25 per share, payable on March 31, 2021 to stockholders of record on March 16, 2021.
- 03/02/2021
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MCAP Acquisition Corporation Announces Closing of $316,250,000 Initial Public Offering
- CHICAGO--(BUSINESS WIRE)--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 redeemabl
- 03/02/2021
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MCAP Acquisition Corporation Announces Pricing of Upsized $275 Million Initial Public Offering
- CHICAGO--(BUSINESS WIRE)--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
- 02/25/2021
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
- CHICAGO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its fourth quarter and full year 2020 financial results on Tuesday, March 2, 2021, after the close of the financial markets.
- 02/12/2021
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Monroe Capital Corporation Closes Offering of $130 Million 4.75% Notes Due 2026
- CHICAGO, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it has closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”).
- 01/25/2021
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Monroe Capital Supports Growth Catalyst Partners' Acquisition of The Equine Network
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of The Equine Network by private equity sponsor Growth Catalyst Partners. Based in Albuquerque, NM, The Equine Network is the leading provider of proprietary sports content, information, and tech-enabled services in the U.S. equine industry. The Equine Network operates three segments: (i) Competition
- 01/22/2021
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Monroe Capital Corporation Prices Offering of $130 Million 4.75% Notes Due 2026
- CHICAGO, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it priced a public offering of $130 million aggregate principal amount of 4.75% notes due 2026 (the “Notes”) on January 15, 2021. The Notes will mature on February 15, 2026, and may be redeemed in whole or in part at any time or from time to time at the Company's option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 4.75% per year payable semi-annually on February 15 and August 15 of each year, beginning August 15, 2021.
- 01/15/2021
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11.6% Yield, Low Leverage, Why Monroe Capital May Be A Good Bet
- Monroe Capital has seen sequential improvements to its NAV/share, and the new dividend rate is fully covered by NII. Its leverage is below management's target range, and it has an active deal pipeline.
- 01/14/2021
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Monroe Capital Supports Altamont Capital Partners' Acquisition of Specialized Packaging Group
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Specialized Packaging Group (“SPG”) by private equity sponsor Altamont Capital Partners. SPG is a vertically-integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. The Company operates under two divisions, IV
- 01/13/2021
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Monroe Capital Supports Dude Solutions, Inc.'s Add-on Acquisition of Confirm Solutions Limited
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC today announced it acted as administrative agent on the funding of a senior credit facility to support the acquisition of Confirm Solutions Limited (“Confirm”) by Dude Solutions, Inc. (“Dude Solutions”), an existing portfolio company of Clearlake Capital Group, L.P. Confirm software enables public sector organizations to deliver critical infrastructure services, maximize operational efficiencies and leverage internet of things ("IoT") technology to u
- 12/29/2020
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Monroe Capital Supports Mountaingate Capital's Investment in Relevate Health Group Inc.
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Relevate Health Group Inc. (“Relevate”) by private equity sponsor Mountaingate Capital and Relevate's strategic combination with Arteric. Based in Cincinnati, Ohio, Relevate is a data-driven marketing products and services communications firm. The company leverages a proprietary data analytics appr
- 12/22/2020
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Monroe Capital Supports Corsair Capital LLC's Majority Investment in Identity Intelligence Group, LLC
- CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the majority investment in Identity Intelligence Group, LLC (“IDIQ”) by private equity sponsor Corsair Capital LLC. Founded in 2009, IDIQ is a tech-enabled leader in credit report and identity theft monitoring. IDIQ provides credit reporting, identity theft and dark web monitoring, identity restoration and related f
- 12/17/2020
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.25 Per Share
- CHICAGO, Dec. 04, 2020 (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 fourth quarter of 2020, payable on December 31, 2020 to stockholders of record as of December 16, 2020. The Company has 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. As a result, 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 reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
- 12/04/2020
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Monroe Capital (MRCC) CEO Ted Koenig on Q3 2020 Results - Earnings Call Transcript
- Monroe Capital (MRCC) CEO Ted Koenig on Q3 2020 Results - Earnings Call Transcript
- 11/05/2020
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Recap: Monroe Capital Q3 Earnings
- Shares of Monroe Capital (NASDAQ:MRCC) rose 0.46% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 22.86% over the past year to $0.27, which were in line with the estimate of $0.27.
- 11/04/2020
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Monroe Capital Corporation BDC Announces Third Quarter 2020 Results
- CHICAGO, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the third quarter ended September 30, 2020.
- 11/04/2020
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Monroe Capital - Testing The Reliability Of NAV
- Proceeds from Rockdale Blackhawk's liquidation boosted MRCC revenue in Q2, while core revenue decreased, in line with industry averages. The conservative valuation process and the third-party asset assessments of MRCC's portfolio confirm the reliability of NAV.
- 10/29/2020
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BDC Retirement Income: 12% Yielding New Mountain Finance
- This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6% to 10%.
- 09/03/2020
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Monroe Capital (NASDAQ:MRCC) Cut to “Strong Sell” at ValuEngine
- Monroe Capital (NASDAQ:MRCC) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a note issued to investors on Tuesday, ValuEngine reports. MRCC has been the topic of a number of other reports. TheStreet cut Monroe Capital from a “c” rating to a “d+” rating in a research […]
- 08/11/2020
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62 10%+Yield Dividend Stocks Priced $5-15 For August Dog Days
- These dividend dog 10%+Yield at $5-15 prices are all sourced from YCharts, which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut.
- 08/07/2020
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Monroe Capital (MRCC) Receives a Hold from B.Riley FBR - Markets
- In a report released today, Timothy P. Hayes from B.Riley FBR reiterated a Hold rating on Monroe Capital (MRCC –
- 08/06/2020
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Monroe Capital Corporation BDC Announces Second Quarter 2020 Results
- CHICAGO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2020. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation.Second Quarter 2020 Financial Highlights * Net Investment Income of $12.6 million, or $0.61 per share * Adjusted Net Investment Income (a non-GAAP measure described below) of $12.8 million, or $0.62 per share * Net increase in net assets resulting from operations of $14.2 million, or $0.69 per share * Net Asset Value (“NAV”) of $220.6 million, or $10.37 per share * Paid quarterly dividend of $0.25 per share on June 30, 2020Chief Executive Officer Theodore L. Koenig commented, “In a challenging environment, we are extremely pleased to report strong financial results. During the second quarter, we reported record Net Investment Income, an increased Net Asset Value, significantly reduced leverage and again, fully covered our dividend with Net Investment Income. Last quarter we discussed our near term goals of reducing leverage and maintaining stability within our investment portfolio. Primarily through paydowns on the portfolio, including a significant recovery on our investment in Rockdale Blackhawk, LLC (“Rockdale”), we were able to materially reduce leverage during the quarter. We continue to believe the vast majority of our portfolio companies have strong long-term outlooks and will recover from the short-term challenges they are facing as a result of the COVID-19 pandemic. As market volatility resulting from uncertainty related to the impacts of COVID-19 has declined when compared to the end of the first quarter, we saw spreads tighten and valuations for portfolio companies without significant long-term COVID-19 impact rebound during the quarter. As always, we continue to be focused on the interests of our shareholders and will operate with caution and remain focused on generation of Net Investment Income, preservation of capital and creation of shareholder value.”Monroe Capital Corporation is a business development company affiliate of the award winning private credit investment firm and lender, Monroe Capital LLC.Management Commentary Monroe’s large and experienced credit team continues to be focused on actively managing our portfolio and working with our portfolio company borrowers and their respective financial sponsors and management teams to ensure we provide the right support for our portfolio companies through this pandemic and ultimately, obtain the best possible outcome for our shareholders. Given the continued uncertainty in the long-term economic impacts associated with COVID-19, the unprecedented levels of unemployment, and the potential for a COVID-19 induced recession of uncertain length, we have been primarily focused on reducing leverage and maintaining a strong liquidity position to allow us to continue to support our portfolio companies.In this volatile and uncertain period, we are pleased to report Adjusted Net Investment Income of $12.8 million or $0.62 per share for the quarter ended June 30, 2020. This compares with $6.8 million or $0.33 per share for the quarter ended March 31, 2020. Adjusted Net Investment Income for the quarter ended June 30, 2020 includes $7.4 million, or $0.36 per share, of previously unrecorded interest and fees associated with our investment in Rockdale. See Rockdale Blackhawk, LLC below for a detailed discussion of the impacts of the recovery related to the Rockdale investment on our results of operations for the quarter ended June 30, 2020. See Non-GAAP Financial Measure – Adjusted Net Investment Income discussion below.NAV increased by $0.33 per share, or 3.3%, to $220.6 million or $10.37 per share as of June 30, 2020, compared to $205.4 million or $10.04 per share as of March 31, 2020. The NAV increase of $0.33 per share was primarily the result of $1.5 million, or $0.07 per share, of net income associated with our investment in Rockdale (described in further detail below) and net realized and unrealized gains of $7.5 million, or $0.36 per share, excluding the impacts of our investment in Rockdale. These NAV increases were partially offset by the impacts of recent share issuances under the ATM program, which had the effect of reducing our per share NAV by approximately $0.10 per share. During the quarter, we issued 825,460 shares under our ATM program totaling approximately $6.3 million in net proceeds. Net investment income, excluding the impacts of Rockdale, was approximately $0.25 share, consistent with the second quarter dividend of $0.25 per share. Below are our estimates of the components of the $0.36 increase in per share NAV for the quarter attributable to net realized and unrealized gains, excluding the impacts of Rockdale: * $0.46 of the per share increase in NAV was attributable to broad market movements and tightening of credit spreads in the loan markets. Of that $0.46 per share, approximately $0.26 per share, was attributable to names held in the portfolio directly, while approximately $0.20 per share was attributable to our investment in MRCC Senior Loan Fund I, LLC (“SLF”). * $0.01 of the per share increase in NAV was attributable to other gains which are primarily attributable to unrealized gains associated with foreign currency associated with our borrowings denominated in British pounds. * These increases were offset by a $0.11 per share per share decrease in NAV attributable to specific credit or fundamental performance of certain underlying portfolio companies, a significant portion of which is a result of the impact of the COVID-19 pandemic on individual credit performance.The SLF’s underlying investments are loans to middle-market borrowers that are generally larger than the rest of MRCC’s portfolio, which is focused on lower middle-market companies. These upper middle-market loans held within the SLF experienced higher volatility in valuation during the last two quarters than the rest of the MRCC portfolio. See MRCC Senior Loan Fund below for additional information on SLF. The mark-to-market valuation changes on the SLF portfolio contributed $4.2 million, or $0.20 per share, to the increase in NAV for the second quarter compared with an $11.1 million, or $0.54 per share, decrease in the first quarter. During the quarter, we reduced MRCC’s regulatory debt-to-equity leverage from 1.47 times debt-to-equity to 1.16 times, returning to approximately the same level of regulatory leverage as of December 31, 2019. The decline in leverage was primarily driven by strong repayment activity during the quarter, including the realization on Rockdale. We continue to focus on managing our investment portfolio at the appropriate risk-adjusted leverage level.Rockdale Blackhawk, LLC In May 2020, an arbitrator issued a final award in favor of the estate of Rockdale (the “Estate”) in the legal proceeding between the Estate and a national insurance carrier. The Company’s share of the net proceeds from the award exceeded the contractual obligations due to the Company as a result of its right to receive excess proceeds pursuant to the terms of a sharing agreement between the lenders and the Estate. In June 2020, the Company received $33.1 million as an initial payment of proceeds from the legal proceedings from the Estate, of which $19.5 million was recorded as a reduction in the cost basis of the Company’s investment in Rockdale, $3.9 million was recorded as the collection of previously accrued interest, $7.4 million, or $0.36 per share, was recorded as investment income for previously unaccrued interest and fees and $2.3 million, or $0.11 per share, was recorded as realized gains. Additionally, as an offset, the Company recorded net change in unrealized (loss) of ($8.2) million, or ($0.40) per share, primarily as a result of the reversal associated with the collection of proceeds from the Estate. Total net income associated with the Company’s investment in Rockdale was $1.5 million, or $0.07 per share, during the quarter ended June 30, 2020. As of June 30, 2020, the Company’s has a remaining investment in Rockdale associated with residual proceeds currently expected from the Estate of $1.8 million. Selected Financial Highlights (in thousands, except per share data) June 30, 2020 March 31, 2020 Consolidated Statements of Assets and Liabilities data:(unaudited) Investments, at fair value$563,296 $590,837 Total assets$590,097 $620,415 Net asset value$220,596 $205,352 Net asset value per share$10.37 $10.04 For the quarter ended June 30, 2020 March 31, 2020 Consolidated Statements of Operations data:(unaudited) Net investment income$12,636 $6,782 Adjusted net investment income (1)$12,763 $6,802 Net gain (loss)$1,598 $(43,632) Net increase (decrease) in net assets resulting from operations$14,234 $(36,850) Per share data: Net investment income$0.61 $0.33 Adjusted net investment income (1)$0.62 $0.33 Net gain (loss)$0.08 $(2.14) Net increase (decrease) in net assets resulting from operations$0.69 $(1.81) ______ (1) See Non-GAAP Financial Measure – Adjusted Net Investment Income below for a detailed description of this non-GAAP measure and a reconciliation from net investment income to Adjusted Net Investment Income. The Company uses this non-GAAP financial measure internally in analyzing financial results and believes that this non-GAAP financial measure is useful to investors as an additional tool to evaluate ongoing results and trends for the Company.Portfolio ReviewThe Company had debt and equity investments in 83 portfolio companies, with a total fair value of $563.
- 08/05/2020
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Monroe Capital Corporation Schedules Second Quarter 2020 Earnings Release and Conference Call
- CHICAGO, July 29, 2020 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its second quarter 2020 financial results on Wednesday, August 5, 2020, 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 6, 2020 at 12:00 pm 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 (877) 312-8807 approximately 10 minutes prior to the call. Please reference conference ID 7495377. For those unable to listen to the live broadcast, the webcast will be available for replay on the Company’s website approximately two hours after the event.ABOUT MONROE CAPITAL CORPORATION Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. The Company’s investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital Corporation, visit www.monroecap.com.ABOUT MONROE CAPITAL LLC Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.Monroe has been recognized by Creditflux as the 2019 Best US Direct Lending Fund; Global M&A Network as the 2019 Small Middle Markets Lender of the Year; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.FORWARD-LOOKING STATEMENTS This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company’s control, and that the Company may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future. Such statements speak only as of the time when made, and the Company undertakes no obligation to update any such statement now or in the future.SOURCE: Monroe Capital Corporation Investor Contact:Aaron D. Peck Chief Investment Officer and Chief Financial Officer Monroe Capital Corporation (312) 523-2363 Email: apeck@monroecap.com Media Contact:Caroline Collins BackBay Communications (617) 963-0065 Email: caroline.collins@backbaycommunications.com
- 07/29/2020
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Analysts Estimate Monroe Capital (MRCC) to Report a Decline in Earnings: What to Look Out for
- 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.
- 07/28/2020
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Monroe Capital Opportunistic Private Credit Group Provides Financing for Sterling Bay and Magellan Development Group’s Mixed-Use Tower Development on Michigan Avenue in Chicago
- Monroe Capital LLC (“Monroe”) today announced its Opportunistic Private Credit group closed on a $24.5 million mezzanine loan for the development of 3
- 07/20/2020
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Preliminary Q2 Results For The BDC Sector Currently Yielding 13%
- As expected, BDCs are starting to reaffirm their dividends which is driving some stocks to rally as investors figure out that the sky is not falling in this higher yield sector.
- 07/17/2020
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Antares Capital Hit With Layoffs as Deals Slide
- Antares Capital, the former lending unit of GE Capital, has laid off 10% of its staff or about 40 people, according to people familiar with the situation.
- 07/16/2020
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Reader Favorites And Rogues June 9 - July 6
- June 9 - July 6 readers of Fredrik Arnold articles mentioned 57 equities in their comments. Some lamented bad news so bad news investments (rogues) mixed with (mostly) favorites.
- 07/15/2020
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Zacks Investment Research Lowers Monroe Capital (NASDAQ:MRCC) to Sell
- Monroe Capital (NASDAQ:MRCC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday, Zacks.com reports. According to Zacks, “Monroe Capital Corporation is a non-diversified closed-end management investment company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s […]
- 07/14/2020
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Upcoming NAV Changes For The BDC Sector Yielding 14%
- As predicted, BDC pricing has pulled back a bit, driving an average yield of 14%. However, I believe that BDC pricing could rally as BDCs report stronger-than-expected Q2 results (discussed below) in three weeks.
- 07/12/2020
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69 10%+ Yield Dividend Dogs Priced $5-$15 For July
- These dividend dogs with 10%+ yield at $5-$15 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut.
- 07/08/2020
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Dividends By The Numbers In June 2020 And 2020-Q2
- A total of 4,017 U.S. firms declared dividends in June 2020, an increase of 899 over the 3,118 recorded in May 2020. A total of 71 publicly traded companies cut
- 07/03/2020
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$0.31 Earnings Per Share Expected for Monroe Capital Corp (NASDAQ:MRCC) This Quarter
- Equities research analysts expect Monroe Capital Corp (NASDAQ:MRCC) to post earnings per share (EPS) of $0.31 for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Monroe Capital’s earnings. The lowest EPS estimate is $0.27 and the highest is $0.35. Monroe Capital posted earnings of $0.35 per share in the […]
- 07/02/2020
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Monroe Capital (NASDAQ:MRCC) Stock Rating Upgraded by ValuEngine
- Monroe Capital (NASDAQ:MRCC) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a note issued to investors on Thursday, ValuEngine reports. MRCC has been the subject of a number of other research reports. Zacks Investment Research raised Monroe Capital from a “sell” rating to a “hold” rating […]
- 07/02/2020
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Upcoming Rally For BDCs Currently Yielding 13%
- As predicted, BDC pricing has pulled back a bit, driving an average yield of 13%. However, I believe that BDC pricing could rally as BDCs report stronger-than-e
- 06/30/2020
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Planful Raises Equity Funding Round | FinSMEs
- Planful Inc. (formerly Host Analytics), a Redwood City, CA-based financial planning and analysis (FP&A) cloud platform provider, raised an equity round of funding of undisclosed amount
- 06/25/2020
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Baird Financial Group Inc. Reduces Holdings in Monroe Capital Corp (NASDAQ:MRCC)
- Baird Financial Group Inc. lowered its position in Monroe Capital Corp (NASDAQ:MRCC) by 8.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 18,934 shares of the financial services provider’s stock after selling 1,773 shares during the period. Baird Financial Group Inc. owned 0.09% of Monroe Capital […]
- 06/24/2020
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The Worst May Be Behind Us For Coronavirus Recession Dividend Cuts
- There are signs the worst may now be behind dividend investors. The best evidence is the rate at which dividend reductions and suspensions are being announced h
- 06/16/2020
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3 Big Dividend Stocks Yielding Over 8%; Oppenheimer Says ‘Buy’
- Wall Street observers hoped recent gains signaled the arrival of blue skies, but the COVID-19 storm is thundering on. Stocks started shedding gains this week on fears of a possible second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve.A situation like this is tailor-made for defensive stock plays – and that will naturally bring investors to look at high-yield dividend stocks. But not all dividend stocks are created equal. Top analysts from Oppenheimer have chimed in – and they are recommending high-yield dividend stocks for investors looking to find protection for their portfolio. Using TipRanks database, we’ve pulled up the details on some of Oppenheimer's recommendations. These are stocks with a specific set of clear attributes, that frequently indicate a strong defensive profile: a high dividend yield, over 8%; a Moderate Buy consensus view; and a considerable upside potential -- over 20%. So let’s take a closer look at three of Oppenheimer's picks.Monroe Capital (MRCC)We’ll start in the financial sector, with Monroe Capital. This private equity firm invests in the healthcare, media, retail, and tech sectors. These companies promote demographics that have less access to traditional capital resources; Monroe has stepped in to address the need.The company’s earnings took a hit in Q1, which was no surprise. The coronavirus economic hit was broad based and deep, so it was no surprise that MRCC reported 33 cents per share, or 5.7% below the forecasts. Revenue, at $16.2 million, was 2.5% below estimates, but up 8% year-over-year. Through all of that, Monroe has maintained its dividend payment. The company has an 8-year history of keeping the dividend reliable – an enviable record. Current earnings were not enough to keep the dividend at its 35-cent quarterly level; the next payment, due out on June 12, will be 25 cents per share. The downward adjustment is to keep the dividend in line with earnings. Even with the reduction, the dividend gives an annual yield of 12.2%, which is just plain stellar. Oppenheimer's Chris Kotowski sees plenty of reasons for optimism in MRCC’s long-term prospects. The 5-star analyst writes of the company, "We see relatively comfortable coverage in the next several quarters, a ~$10 NAV by year-end 2021 and see the stock as oversold relative to those expectations.""…management expects payment in 2Q20 on its $19M Rockdale Blackhawk position (currently in bankruptcy) following a favorable judgment. Proceeds will boost investment income once rotated into yielding assets or paying down debt. In addition, MRCC had ~$82M of liquidity at 3/31 across cash on balance sheet and its SBIC and the remaining draw on its credit facility, exceeding the unfunded commitment balance of $38.3M,” the analyst added.Kotowski gives MRCC a Buy rating, and his $10 price target suggests an upside of 31% for the coming year. (To watch Kotowski’s track record, click here.)Overall, MRCC shares have a Moderate Buy rating from the analyst consensus, based on 1 Buy and 2 Holds set in recent months. Rapid appreciation in the last couple of sessions has pushed the stock price near the $8 average price target. (See Monroe Capital stock analysis on TipRanks)Solar Senior Capital (SUNS)Next up is another finance company, Solar Senior Capital. SUNS is management investment company, in the externally managed non-diversified segment. Its primary investments are senior secured loans in mid-market companies with credit ratings below investment grade. Solar Senior invests first and second lien debt, as well as unitranche instruments.Solar avoided the big earnings hit that pummeled so many companies in Q1, and reported 35-cents EPS for the fifth quarter in a row. Along with the positive earnings, SUNS reported $234.1 million in net assets for the quarter, and $220 million in available capital.In area, SUNS did respond to the coronavirus epidemic. Starting in May, the company reduced its long-time stable dividend from 12 cents monthly to 10 cents. Management announced that the June payment will also be 10 cents per share. The reduced dividend payment annualizes to $1.20, and gives a yield of 9%. SUNS was reviews by Oppenheimer's Chris Kotowski, who saw reasons for buying in now. “The good news,” he wrote, “is that starting with an underlevered balance sheet and $21M of net repayments in the quarter and a well-priced debt issuance, SUNS has ample capital and liquidity to take advantage of the current market dislocation.”Kotowski rates SUNS a Buy and maintains a $15 price target, which implies a 21% upside potential. (To watch Kotowski’s track record, click here)SUNS has just two recent analyst reviews, but both are Buys, making the Moderate Buy analyst consensus rating unanimous. Shares are priced at $12.40, and the $16 average price target indicates room for 29% upside growth over the next 12 months. (See Solar Senior stock analysis on TipRanks)Outfront Media, Inc. (OUT)Last on our list is Outfront Media, a marketing company with a specialty in billboards and posters. The company uses electronic tech to update these traditional marketing staples, which remain an important part of urban marketing; billboard and posters, especially transit posters, have potential audiences in the millions. Outfront is, technically, a real estate investment trust – it owns advertising location properties, and leases them to the marketers.The economic slump in Q1 was hard on Outfront. The combination of social lockdowns and business and travel restrictions prevented normal operations, and outdoor advertising – which in these conditions did not pay for itself – took deep cuts. Even with that, OUT beat the Q1 earnings estimates. The company reported 28 cents per share, down 62% sequentially but beating the forecast by 33%. Looking ahead, however, analysts see SUNS entering a trough, with Q2 earnings estimated at a 21-cent net loss per share. On the dividend front, OUT paid out 38 cents per share in March, increasing the dividend from its long-term value of 36 cents. The new payment makes the yield 8.76%, a strong attraction for any income-minded investor.Covering this stock for Oppenheimer, analyst Ian Zaffino believes that Outfront holds a good position for long-term recovery, writing, “We continue to view June/July as the bottom and estimate a return to near preCOVID-19 levels sometime in 4Q20. Given OUT’s heavy exposure to the larger markets and national advertisers, it should enjoy a more aggressive recovery than its more local-focused peers.”Zaffino puts a $20 one-year price target on OUT, indicating a 32% upside to go along with his Buy rating. (To watch Zaffino’s track record, click here)What do other analysts say about the ad firm? It’s almost split. TipRanks analytics shows out of 5, 3 analysts are bullish on OUT stock, while 2 are sidelined. The consensus price target of $17.40 shows a potential upside of 14%. (Click here to see OUT's price targets and ratings)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.
- 06/11/2020
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Monroe Capital Corporation BDC Announces Change of 2020 Annual Meeting of Stockholders to Virtual Format
- In an effort to protect the health and well-being of its stockholders, Monroe has determined to hold the Meeting in a virtual format on Wednesday, June 17, 2020 at 2:00 p.m., Central Time. Stockholders will not be able to attend the Meeting in person. As described in the proxy materials for the Meeting previously distributed, stockholders are entitled to participate in and vote at the Meeting if they were a stockholder as of the close of business on April 1, 2020, the record date.
- 06/08/2020
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Here is What Hedge Funds Think About Monroe Capital Corp (MRCC)
- In this article we will take a look at whether hedge funds think Monroe Capital Corp (NASDAQ:MRCC) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips […]
- 06/04/2020
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8-K: VectoIQ Acquisition Corp.
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange...
- 06/02/2020
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Marc Pressler Joins Monroe Credit Advisors Team
- Monroe Credit Advisors (“Monroe Credit”) announced that Marc Pressler has joined the firm as a Managing Director in its Chicago office. Marc will be r
- 05/19/2020
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Monroe Capital (MRCC) Q1 2020 Earnings Call Transcript
- MRCC earnings call for the period ending March 31, 2020.
- 05/13/2020
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Edited Transcript of MRCC earnings conference call or presentation 11-May-20 3:00pm GMT
- Q1 2020 Monroe Capital Corp Earnings Call
- 05/12/2020
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Monroe Capital Corp (MRCC) CEO Ted Koenig on Q1 2020 Results - Earnings Call Transcript
- Monroe Capital Corp (NASDAQ:MRCC) Q2 2020 Results Earnings Conference Call May 11, 2020 11:00 AM ET Company Participants Ted Koenig - Chief Executive Officer Aa
- 05/12/2020
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Monroe Credit Advisors Places $27.1 Million in Senior Credit Facilities Supporting Viva5 Corporation’s Partner Buyout and Refinancing
- Monroe Credit Advisors (“MCA”) announced today the successful placement of $27.1 million in senior credit facilities on behalf of Viva5 Corporation (“
- 05/12/2020
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A Peek Into The Markets: US Stock Futures Edge Lower; Crude Oil Down Over 3%
- Pre-open movers
U.S. stock futures traded lower in early pre-market trade, ahead of earnings from Cardinal Health, Inc. (NYSE: CAH), Marriott International, Inc. (NASDAQ: MAR)...
- 05/11/2020
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Monroe Capital Corporation BDC Announces First Quarter 2020 Results
- CHICAGO, May 08, 2020 -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the first quarter ended March 31, 2020. Except where.
- 05/08/2020
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Monroe Capital Q1 EPS $0.330 Misses $0.350 Estimate
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Coronavirus Roundtables - The Advantage Of Income When The Market Overreacts (Video Transcript)
- We speak with PendragonY, contributing author to High Dividend Opportunities, about the BDC sector. He discusses why the team focuses on income over total retur
- 05/05/2020
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Monroe Capital (MRCC) Reports Next Week: What to Know Ahead of the Release
- 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.
- 05/01/2020
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Monroe Capital Corporation Schedules First Quarter 2020 Earnings Release and Conference Call
- Monroe Capital Corporation (the “Company”) (MRCC) announced today that it will report its first quarter 2020 financial results on Friday, May 8, 2020, after the close of the financial markets. The Company will host a webcast and conference call to discuss these operating and financial results on Monday, May 11, 2020 at 11:00 am ET. For those unable to listen to the live broadcast, the webcast will be available for replay on the Company’s website approximately two hours after the event.
- 04/22/2020
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3 Big Dividend Stocks Yielding Over 11%; Oppenheimer Says ‘Buy’
- Weighing in on the markets from investment firm Oppenheimer, John Stoltzfus of Asset Management believes that now is the time to “build shopping lists of what you may have missed and regretted missing just a few weeks ago when the market was moving up every day.” He added that certain sectors – technology
- 04/21/2020
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3 Big Dividend Stocks Yielding Over 11%; Oppenheimer Says 'Buy'
- Weighing in on the markets from investment firm Oppenheimer, John Stoltzfus of Asset Management believes that now is the time to “Build shopping lists of
- 04/21/2020
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Top BDC Pick For 2020: TPG Specialty Lending
- My last article was titled Picking Winners And Losers In The 18% Yielding BDC Sector and TSLX is definitely one of the winners. The company recently exited its
- 04/19/2020
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Monroe Capital (NASDAQ:MRCC) Downgraded by Zacks Investment Research
- Monroe Capital (NASDAQ:MRCC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday, Zacks.com reports. According to Zacks, “Monroe Capital Corporation is a non-diversified closed-end management investment company focused on providing financing primarily to lower middle-market companies in the United States and Canada. […]
- 04/17/2020
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Picking Winners And Losers In The 18% Yielding BDC Sector
- BDCs continue to trade at depressed prices offering an average yield of 18% before taking into account some of the likely dividend reductions. Investors should
- 04/16/2020
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Oppenheimer Maintains Outperform on Monroe Capital, Lowers Price Target to $10
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Monroe Capital (NASDAQ:MRCC) Stock Rating Lowered by Zacks Investment Research
- Monroe Capital (NASDAQ:MRCC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday, Zacks.com reports. According to Zacks, “Monroe Capital Corporation is a non-diversified closed-end management investment company focused on providing financing primarily to lower middle-market companies in the United States and Canada. […]
- 04/13/2020
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Monroe Capital (MRCC) – Borrowers can’t default on loans if you lend them even more money
- Monroe Capital reports profits on their loans even after the borrower declares bankruptcy. The company has highly unconventional ideas about when impairments should be taken. Market cap $141M, bor…
- 04/10/2020
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Janney Montgomery Scott downgrades BDCs on recession fear amid COVID-19 outbreak
- Citing credit losses to be higher than historic levels as some good companies are likely to be impaired, Janney Montgomery Scott analyst Mitchel Penn downgrades Bain Capital Specialty Finance (BCSF -1
- 04/01/2020
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Janney Montgomery Scott downgrades four BDCs based on COVID-19 recession BCSF;MRCC;OFS;SCM
- Janney Montgomery Scott downgrades four BDCs based on COVID-19 recession Janney Montgomery Scott BCSF MRCC OFS SCM
- 04/01/2020
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High Yield: Owning BDCs During The Crisis
- The coronavirus outbreak and resultant economic disruptions will cause writedowns and cash flow disruptions for business development companies in general. Portf
- 03/31/2020
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Edited Transcript of MRCC earnings conference call or presentation 4-Mar-20 4:00pm GMT
- Q4 2019 Monroe Capital Corp Earnings Call
- 03/31/2020
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Quick BDC Market Update: 18% Average Yield But Continued Volatility
- BDC prices got hammered this month for the reasons discussed below. At one point the average BDC was trading at almost a 60% discount to book value. BDCs have s
- 03/29/2020
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B. Riley FBR Maintains Neutral on Monroe Capital, Lowers Price Target to $7
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Amid 48% Plunge, Private Debt Executives Load Up on BDC Shares
- (Bloomberg) -- Business development companies, known for lending to mid-sized corporations, have taken a pummeling in the equity market rout. Now some of their leaders are swooping in to buy beaten-up stock in what some analysts say is a sign the sell-off is overdone.Principals at many of the vehicles
- 03/23/2020
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147 Broker Favored Financial Service Equities With Yields Priced Right
- These dividend dog prices and yields are all sourced from YCharts, which allows a dividend-yield to persist for 365 days after the most recent report if a divid
- 03/22/2020
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Monroe Capital Corporation Announces Share Purchases by Officers, Directors and Senior Management
- CHICAGO, March 18, 2020 -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) today reported the purchase of more than 237,500 shares of MRCC common stock by officers.
- 03/18/2020
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Monroe Capital Corp (MRCC) Chairman, President, and CEO Theodore L Koenig Bought ...
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B.Riley FBR Keeps Their Hold Rating on Monroe Capital (MRCC)
- In a report released today, Timothy P. Hayes from B.Riley FBR reiterated a Hold rating on Monroe Capital (MRCC), with a price target of $11.00. The
- 03/04/2020
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B.Riley FBR Keeps Their Hold Rating on Monroe Capital (MRCC)
- In a report released today, Timothy P. Hayes from B.Riley FBR reiterated a Hold rating on Monroe Capital (MRCC –
- 03/04/2020
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Monroe Capital (MRCC) Tops Q4 Earnings and Revenue Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 5.71% and 2.98%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 03/03/2020
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Monroe Capital Q4 EPS $0.37 Beats $0.35 Estimate
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Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2019 Results
- CHICAGO, March 03, 2020 -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31,.
- 03/03/2020
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Monroe Capital (MRCC) Tops Q4 Earnings and Revenue Estimates
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Reader Favorites And Rogues January 13-February 14
- January 13-February 14, readers of Fredrik Arnold articles mentioned 40 equities in their comments. Some lamented bad news, so bad news investments (rogues) mix
- 02/19/2020
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2019 Earnings Release and Conference Call
- Monroe Capital Corporation (the “Company”) (MRCC) announced today that it will report its fourth quarter and full year 2019 financial results on Tuesday, March 3, 2020, 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, March 4, 2020 at 11:00 am ET. For those unable to listen to the live broadcast, the webcast will be available for replay on the Company’s website approximately two hours after the event.
- 02/14/2020
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year —…–9 Earnings Release ...
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These Dividend Stocks Are The New 'Bonds' For Retirement Portfolios
- The old 60/40 portfolio model just won’t be able to cut it anymore in this environment of continued lower interest rates. Experts are suggesting that equities w
- 02/10/2020
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GYL Financial Synergies, LLC Buys iShares Core MSCI EAFE ETF, Fifth Third Bancorp, iShares Core ...
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The Big Boys Continue To Pile Into This Dividend Sector: Owl Rock Capital
- BDCs, like REITs almost 20 years ago, want institutional investors and the scale that comes with them. Recently, many of the largest asset managers have been ac
- 02/02/2020
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How Premium BDCs Accrete Book Value
- As many commentators have observed, BDCs with poor underwriting lose NAV over time - simply because of loan charge-offs. However, an opposite effect is also tru
- 01/27/2020
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Ranking Business Development Companies From Most Undervalued To Overvalued
- As high-yield credit spreads fall, it may be a good time to look to business-development-companies. While high dividend returns and low PB ratios are great, one
- 01/27/2020
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Why Investors Are Selling 12% Yielding Monroe Capital
- I recently suggested to my subscribers to sell or at least trim current positions of MRCC and wait for the company to report Q4 results. On Jan. 7, the WSJ repo
- 01/26/2020
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B. Riley FBR Maintains Neutral on Monroe Capital, Lowers Price Target to $11
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Hedge Funds Have Never Been More Bullish On Monroe Capital Corp (MRCC)
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 12/20/2019
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.35 Per Share
- Monroe Capital Corporation (the “Company”) (MRCC) announced today that its Board of Directors has declared a distribution of $0.35 per share for the fourth quarter of 2019, payable on December 31, 2019 to stockholders of record as of December 16, 2019. 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 reinvested in additional shares of the Company’s capital stock.
- 12/02/2019
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $….'5 Per Share
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Edited Transcript of MRCC earnings conference call or presentation 7-Nov-19 3:00pm GMT
- Q3 2019 Monroe Capital Corp Earnings Call
- 11/27/2019
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Monroe Capital (MRCC) Q3 Earnings Match Estimates
- Monroe Capital (MRCC) delivered earnings and revenue surprises of 0.00% and -1.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- 11/06/2019
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Monroe Capital Q3 EPS $0.35, Inline
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Monroe Capital Corporation BDC Announces Third Quarter 2019 Results
- CHICAGO, Nov. 06, 2019 -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the third quarter ended September 30, 2019. Except.
- 11/06/2019
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Monroe Capital Corporation Reschedules Third Quarter 2019 Conference Call
- CHICAGO, Oct. 30, 2019 -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that the conference call to discuss its third quarter 2019 financial results.
- 10/30/2019
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Analysts Estimate Monroe Capital (MRCC) to Report a Decline in Earnings: What to Look Out for
- 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.
- 10/30/2019
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Monroe Capital: This 13% Yielder Is Clearly Oversold
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Monroe Capital Corporation Schedules Third Quarter 2019 Earnings Release and Conference Call
- Monroe Capital Corporation (the “Company”) (MRCC) announced today that it will report its third quarter 2019 financial results on Wednesday, November 6, 2019, 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, November 7, 2019 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. For those unable to listen to the live broadcast, the webcast will be available for replay on the Company’s website approximately two hours after the event.
- 10/23/2019
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Monroe Capital Corp.: A Deep Analysis On A Fully Covered Yet Misunderstood 13.75% Yield
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Monroe Capital Corporation Announces Third Quarter Distribution of $0.35 Per Share
- Monroe Capital Corporation (the “Company”) (MRCC) announced today that its Board of Directors has declared a distribution of $0.35 per share for the third quarter of 2019, payable on September 30, 2019 to stockholders of record as of September 16, 2019. The Company has 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. As a result, 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 reinvested in additional shares of the Company’s capital stock.
- 09/03/2019
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Monroe Capital declares $0.35 dividend
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Edited Transcript of MRCC earnings conference call or presentation 7-Aug-19 3:00pm GMT
- Q2 2019 Monroe Capital Corp Earnings Call
- 08/29/2019
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Weighing The Week Ahead: Is The Yield Curve Inversion On The Jackson Hole Agenda?
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Monroe Capital: Why This 13.4% Yielder Sold Off 21%, And What Comes Next
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Cliffwater LLC Buys Vanguard Short-Term Corporate Bond ETF, Oaktree Specialty Lending Corp, ...
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Monroe Capital Corp. (MRCC) CEO Ted Koenig on Q2 2019 Results - Earnings Call Transcript
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Monroe Capital EPS misses by $0.01, misses on total investment income
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Analysts Estimate Monroe Capital (MRCC) to Report a Decline in Earnings: What to Look Out for
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Prospect Capital: Upcoming Credit Issues And 11%+ Yielding Replacement
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Monroe Capital Corporation Announces Second Quarter Distribution of $….'5 Per Share
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Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q1 2019 Results - Earnings Call Transcript
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Monroe Capital Q1 Adj. Net Investment Income $0.35
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Monroe Capital -2.3% as Q1 adjusted NII disappoints
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Earnings Preview: Monroe Capital (MRCC) Q1 Earnings Expected to Decline
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CFO4Life Group, LLC Buys iShares Core S&P Small-Cap, Focus Financial Partners Inc, Thermo ...
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Monroe Capital Corporation Announces Pricing of Registered Direct Offering of $4… Million 5. ...
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Monroe Capital Corporation (MRCC) CEO Theodore Koenig on Q4 2018 Results - Earnings Call Transcript
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Monroe Capital Q4 EPS $0.38 Beats $0.36 Estimate, Sales $14.835M Beat $14.66M Estimate
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Monroe Capital declares $0.35 dividend
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Monroe Capital Corporation Schedules Fourth Quarter and Full Year —…–8 Earnings Release ...
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Monroe Capital: Insiders Are Buying This 13% Yielder, Should You?
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Private equity managers increasingly adding credit strategies
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Monroe Capital: An Ugly Duckling I Can Live With, 40% Upside And 15% Yield While You Wait
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Stocks Which Set New 52-Week Low Yesterday, Thurs., Dec. 13, 2018
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Stocks That Will Be Trading Ex Dividend Thurs., Dec. 13, 2018
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $….'5 Per Share
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Monroe Capital: 18.5% Overreaction Creates Opportunity With 12.6% Yield
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Stocks Which Set New 52-Week Low Yesterday, Wed., Nov. 7, 2018
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JMP Securities Downgrades Monroe Capital to Market Perform
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Monroe Capital Q3 EPS $0.38 Beats $0.36 Estimate, Sales $13.779M Miss $15.23M Estimate
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Report: Exploring Fundamental Drivers Behind Monroe Capital, Anavex Life Sciences, Haynes ...
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Monroe Capital Corporation: This 5.75% Baby Bond Has Begun Trading On The Nasdaq
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Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018
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Stocks Trading Ex Dividend For Thurs., Sep. 13, 2018
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Monroe Capital announces pricing of notes
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Monroe Capital slips after starting notes offering; gets 'A-' rating from Egan-Jones
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Monroe Capital Corporation Announces Third Quarter Distribution of $….'5 Per Share
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Research Report Identifies Gastar Exploration, Monroe Capital, SandRidge Energy, ImmunoCellular ...
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Monroe Capital Corp (MRCC) CEO Theodore Koenig on Q2 2018 Results - Earnings Call Transcript
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Monroe Capital Q2 EPS $0.39 Beats $0.37 Estimate, Total Investment Income $14.82M Down From $14.95M YoY
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Factors Setting the Tone for QuickLogic's (QUIK) Q2 Earnings
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Monroe Capital Corporation Schedules Second Quarter —…–8 Earnings Release and Conference Call
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Monroe Capital Corporation Announces Second Quarter Distribution of $….'5 Per Share
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A Safe Double-Digit Yield Of 10.3% From This BDC With Insider Ownership
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Monroe's (MRCC) CEO Ted Koenig on Q1 2018 Results - Earnings Call Transcript
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Monroe Capital Q1 Adj. NII/Share $0.42 Beats $0.35 Estimate, Total Investment Income $14.95M Beat $14.61M Estimate
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B. Riley Initiates Coverage On Monroe Capital with Neutral Rating, Announces $13.50 Price Target
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Monroe Capital Corp (MRCC) Chairman, President & CEO Theodore L Koenig Bought ...
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Monroe's (MRCC) CEO Ted Koenig on Q4 2017 Results - Earnings Call Transcript
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Monroe Capital Corporation BDC Reports Q4 Adj. Net Investment Income $0.35 vs $0.35 Est., NAV Of $13.77/Share
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11% Yielding BDC Supported By Fee Waivers And Trading At New Lows
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Monroe Capital declares $0.35 dividend
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Solid BDC Yields 10% With Hedge Against Rising Interest Rates
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Monroe Capital Corporation Announces Fourth Quarter Distribution of $….'5 Per Share
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Monroe Capital Reports Q3 Adj. NII/Share $0.35 vs $0.34 Est. NII $6.9M
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Monroe Capital Corporation Schedules Third Quarter —…–7 Earnings Release and Conference Call
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First Call Resolution Receives Senior Credit Facility from Monroe Capital |FinSMEs
- First Call Resolution, LLC, a Eugene, Oregon-based provider of outsourced live agent call center and business process solutions, received a senior credit facility from Monroe Capital, LLC. The amount of the deal was not disclosed. The company intends to leverage this credit facility to further its continued domestic growth and to develop near shore operations. First Call […]
- 09/27/2017
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Ladenburg Thalmann Upgrades Monroe Capital to Buy
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Monroe Capital Reports Q2 Adj. Net Investment Income $0.35/Share, Net Asset Value $14.05/Share
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Monroe Capital Corporation Schedules Second Quarter —…–7 Earnings Release and Conference Call
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Monroe Capital Announces Offering Common Stock, No Size Disclosed
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Monroe Capital Corporation Announces Second Quarter Distribution of $….'5 Per Share
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Monroe Capital Reports Adj. NII/Share $0.35 vs $0.36 Est.
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Monroe Capital Corporation Schedules First Quarter —…–7 Earnings Release and Conference Call
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Monroe Capital goes ex-dividend tomorrow
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Monroe Capital's (MRCC) CEO Theodore Koenig on Q4 2016 Results - Earnings Call Transcript
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Monroe Capital BDC Reports Q4 Adj. Net Investment Income $0.35 vs $0.37 Est., Net Asset Value $14.52/Share
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Monroe Capital Corporation Increases Credit Facility From $160M To $200M
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Baird Downgrades Monroe Capital to Neutral
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Second Portfolio Review - 'The Accelerated Dividend Portfolio'
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Monroe Capital declares $0.35 dividend
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4 REITs And 1 BDC Added To Portfolio
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Monroe Capital's (MRCC) CEO Ted Koenig on Q3 2016 Results - Earnings Call Transcript
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Monroe Capital misses by $0.02, misses on total investment income
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Monroe Capital declares $0.35 dividend
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Raymond James Initiates Coverage on Monroe Capital at Outperform
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Ladenburg Thalmann Downgrades Monroe Capital to Neutral
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Monroe Capital prices secondary offering
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Monroe Capital lower on capital raise
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Monroe Capital declares $0.35 dividend
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Monroe Capital Corporation's (MRCC) CEO Ted Koenig on Q1 2016 Results - Earnings Call Transcript
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Monroe Capital beats by $0.08, beats on total investment income
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Capital Link's 15th Annual Closed-End Funds & Global ETFs Forum Thursday, April 21, 2016 - ...
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Monroe Capital's (MRCC) CEO Theodore Koenig on Q4 2015 Results - Earnings Call Transcript
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Monroe Capital improves borrowing terms
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Monroe Capital Corporation declares $0.35 dividend
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Will Monroe Capital (MRCC) Crush Estimates at Its Next Earnings Report?
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Monroe Capital's (MRCC) CEO Ted Koenig on Q2 2015 Results - Earnings Call Transcript
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Monroe Capital Corporation beats by $0.06, beats on total investment income
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Stephens & Co. Initiates Coverage on Monroe Capital at Overweight, Announces $17.00 PT
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