Published On: Wed, Oct 19th, 2016

Analyst Review: Monroe Capital Corporation (NASDAQ:MRCC)


A number of investment brokers have recently updated their price targets on shares of Monroe Capital Corporation (NASDAQ:MRCC).

Most recent broker ratings

08/16/2016 – Monroe Capital Corporation had its “outperform” rating reiterated by analysts at Raymond James.

08/10/2016 – Monroe Capital Corporation was downgraded to “neutral” by analysts at Ladenburg Thalmann.

07/21/2016 – Monroe Capital Corporation had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 16 price target on the stock.

11/11/2015 – Monroe Capital Corporation had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 15 price target on the stock.

11/10/2015 – Monroe Capital Corporation had its “buy” rating reiterated by analysts at National Securities. They now have a USD 17 price target on the stock.

07/16/2015 – Stephens began new coverage on Monroe Capital Corporation giving the company a “overweight” rating. They now have a USD 17 price target on the stock.

05/14/2015 – Monroe Capital Corporation was downgraded to “hold” by analysts at Zacks. They now have a USD 17 price target on the stock.

05/01/2015 – Monroe Capital Corporation had its “buy” rating reiterated by analysts at MLV & Co. They now have a USD 17 price target on the stock.

04/08/2015 – JMP Securities began new coverage on Monroe Capital Corporation giving the company a “market perform” rating. They now have a USD 16 price target on the stock.

11/11/2014 – Monroe Capital Corporation was upgraded to “outperform” by analysts at Robert W. Baird. They now have a USD 15 price target on the stock.

The share price of Monroe Capital Corporation (NASDAQ:MRCC) was up +0.87% during the last day of trading, with a day high of 15.20. 64898 shares were traded during the last session.

The stock’s 50 day moving average is 15.51 and its 200 day moving average is 14.86.Monroe Capital Corporation has a 52-week low of 10.02 and a 52-week high of 16.37.

Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity. The Company provides customized financing solutions focused primarily on senior secured, junior secured and unitranche (a combination of senior secured and junior secured debt in the same facility) debt, and subordinated debt and equity, including equity co-investments in preferred and common stock and warrants. The Company’s investment activities are managed by its investment advisor, Monroe Capital BDC Advisors, LLC (MC Advisors).