Monroe Capital

Monroe Capital Corp. is an externally managed, closed-end, non-diversified management investment company, which engages in the provision of financial solutions. It offers customized financing solutions focused primarily on senior, unitranche and junior secured debt and, to a lesser extent, unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The company was founded on February 9, 2011 and is headquartered in Chicago, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monroe Capital maintains dividend coverage amid market challenges and growth opportunities

Monroe Capital's Q1 2024 performance remained steady, covering dividends and showcasing resilience despite challenges in market conditions and leverage increase.
The company's strengths in providing flexible capital solutions and managing portfolios effectively position it well to navigate competitive credit markets and capitalize on growth opportunities.

Monroe Capital reports mixed Q3 results, secures $1B seed capital

Monroe Capital's Q3 performance reflects a mix of positive income generation and operational challenges.
The company's strengths lie in securing new seed capital, maintaining a diversified investment portfolio, and aligning with market trends.
Challenges include managing expenses, optimizing operational efficiency, and balancing income with costs.
Opportunities for growth stem from strategic transactions, increasing middle-market loan volumes, and leveraging new capital for expansion.

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CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Really Great Reading Company, Inc. (“RGR”) by The Vistria Group. Founded in 2005 and headquartered in Maryland, RGR is a national, leading provider of scientifically-aligned literacy curriculum for students in grades pre-K through high school. RGR develops supplemental educational curriculum focused on foundationa.

Monroe Capital Supports The Vistria Group's Acquisition of Really Great Reading Company, Inc.

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IVR, PNNT and MRCC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 22, 2023.

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Goldman Sachs BDC

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.

Safer 12% Yield: Goldman Sachs BDC Or Monroe Capital

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Triplepoint Venture Growth BDC

WhiteHorse Finance

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.

BDC Weekly Review: Q1 Sector Results Review

Monroe Capital (MRCC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Monroe Capital (MRCC): Time to Buy?

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.

How Much Upside is Left in Monroe Capital (MRCC)? Wall Street Analysts Think 27.9%

Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.25 per share a year ago.

Monroe Capital (MRCC) Beats Q1 Earnings and Revenue Estimates

CHICAGO, May 10, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the first quarter ended March 31, 2023.

Monroe Capital Corporation BDC Announces First Quarter 2023 Results

CHICAGO, April 26, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its first quarter 2023 financial results on Wednesday, May 10, 2023, after the close of the financial markets.

Monroe Capital Corporation Schedules First Quarter 2023 Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the continued growth of Snowden Lane Partners (“Snowden Lane”), an existing portfolio company of Estancia Capital Partners.

Monroe Capital Supports Estancia Capital Partners' Investment in Snowden Lane Partners

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Medusind by private equity sponsor Alpine Investors. Founded in 2002 and based in Miami, Florida, Medusind is a leading provider of technology solutions and revenue cycle management services to physicians and clients in the healthcare industry.

Monroe Capital Supports Alpine Investors' Acquisition of Medusind

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and future growth of Amelia, alongside private equity sponsor BuildGroup. Based in New York, Amelia is a global leader in Conversational Artificial Intelligence (“CAI”).

Monroe Capital Supports Growth of Amelia

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) was selected as the 2022 Best Performance in Private Debt - Mid-Cap Award recipient by Korean Economic Daily. Best Asset Managers by Korean Investors Awards Program was created in 2020 by The Korea Economic Daily Global Edition, one of the subsidiaries of The Korea Economic Daily.

Monroe Capital Selected as 2022 Best Performance in Private Debt - Mid-Cap by Korean Economic Daily

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC 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 strategic growth of Vytalize Health (“Vytalize”), alongside private equity sponsor, Enhanced Healthcare Partners. Based in Hoboken, NJ, Vytalize facilitates and manages risk-based contracts for primary care providers serving more than 250,000 patients.

Monroe Capital Supports Growth of Vytalize Health

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) today announced continued strong investment activity for 2022. The firm closed approximately $6 billion in new financing commitments across 115 separate transactions. Monroe's assets under management increased by 29% to approximately $16 billion as of December 31, 2022. Across our investment vehicles, Monroe closed $4.

Monroe Capital Commits $6 Billion of Financings in 2022

Monroe Capital Corporation (NASDAQ:MRCC ) Q4 2022 Earnings Conference Call March 2, 2023 11:00 AM ET Company Participants Theodore Koenig - Chairman, President and CEO Mick Solimene - CIO and CFO Conference Call Participants Kevin Fultz - JMP Securities Christopher Nolan - Ladenburg Thalmann Robert Dodd - Raymond James Bryce Rowe - B Riley FBR Operator Welcome to Monroe Capital Corporation's Fourth Quarter and Full Year 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 forward-looking statements, including statements regarding our goals, strategies, beliefs, future potential, operating results, and cash flows.

Monroe Capital Corporation (MRCC) Q4 2022 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2022 Lower Mid-Market Lender of the Year and CLO Manager of the Year in the Americas. 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.

Monroe Capital Selected as 2022 Lower Mid-Market Lender of the Year and CLO Manager of the Year by Private Debt Investor

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?

Monroe Capital (MRCC) Misses Q4 Earnings and Revenue Estimates

CHICAGO, March 01, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the fourth quarter and full year ended December 31, 2022. The Board of Directors of Monroe also declared its first quarter distribution of $0.25 per share, payable on March 31, 2023 to stockholders of record on March 15, 2023.

Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2022 Results

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), a premier boutique asset management firm specializing in private credit markets across various strategies, today announced it has entered into a definitive agreement to acquire Horizon Technology Finance Management LLC, (“Horizon”) (the “Acquisition” or “Transaction”). Horizon is the investment advisor to Horizon Technology Finance Corporation (NASDAQ: HRZN). As a pioneer in venture lending, Horizon has deployed over $3.

Monroe Capital Announces Agreement to Acquire Horizon Technology Finance Management, Market Leader in Venture Lending

Monroe Capital (MRCC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Monroe Capital (MRCC) Earnings Expected to Grow: Should You Buy?

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and continued growth of Spectrum Science (“Spectrum”) by private equity sponsor Knox Lane. Based in Washington D.C., Spectrum is an independent, integrated marketing, communications and media firm focused on the pharmaceutical, biotech and broader life science industries.

Monroe Capital Supports Knox Lane's Investment in Spectrum Science

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.

Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of EduStaff, LLC (“EduStaff”) by private equity sponsor PPC Enterprises.

Monroe Capital Supports PPC Enterprises, LLC's Acquisition of EduStaff, LLC

CHICAGO--( BUSINESS WIRE )--Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Vin Di Bona Productions and V10 Entertainment (“V10”) by private equity sponsor Clarion Capital Partners.

News for Monroe Capital ETF (MRCC)