Monroe Capital Corporation (NASDAQ:MRCC) – Stock analysts at FBR & Co cut their FY2016 earnings per share (EPS) estimates for shares of Monroe Capital Corporation in a research report issued to clients and investors on Wednesday. FBR & Co analyst C. Nolan now forecasts that the firm will post earnings per share of $1.68 for the year, down from their prior estimate of $1.70. FBR & Co has a “Buy” rating on the stock. FBR & Co also issued estimates for Monroe Capital Corporation’s Q1 2018 earnings at $0.43 EPS, Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.43 EPS and FY2018 earnings at $1.70 EPS.

Several other analysts also recently commented on the stock. National Securities reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Monroe Capital Corporation in a report on Wednesday, July 20th. Raymond James Financial Inc. assumed coverage on shares of Monroe Capital Corporation in a report on Tuesday, August 16th. They set an “outperform” rating and a $18.50 price target on the stock. Zacks Investment Research downgraded shares of Monroe Capital Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 12th. Ladenburg Thalmann downgraded shares of Monroe Capital Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, August 10th. Finally, Wunderlich increased their price target on shares of Monroe Capital Corporation from $15.50 to $16.00 and gave the stock a “buy” rating in a report on Thursday, July 21st. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $17.10.

Earnings History and Estimates for Monroe Capital Corporation (NASDAQ:MRCC)

Monroe Capital Corporation (NASDAQ:MRCC) opened at 14.86 on Thursday. Monroe Capital Corporation has a 52 week low of $10.02 and a 52 week high of $16.37. The firm has a 50 day moving average of $15.02 and a 200-day moving average of $15.01.

Monroe Capital Corporation (NASDAQ:MRCC) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by $0.02. Monroe Capital Corporation had a return on equity of 11.09% and a net margin of 47.93%.

Institutional investors have recently bought and sold shares of the company. Salzhauer Michael boosted its position in Monroe Capital Corporation by 8.8% in the second quarter. Salzhauer Michael now owns 38,180 shares of the company’s stock worth $566,000 after buying an additional 3,100 shares in the last quarter. Mckinley Capital Management LLC Delaware boosted its position in Monroe Capital Corporation by 15.6% in the second quarter. Mckinley Capital Management LLC Delaware now owns 66,058 shares of the company’s stock worth $980,000 after buying an additional 8,917 shares in the last quarter. Geneva Advisors LLC boosted its position in Monroe Capital Corporation by 17.9% in the second quarter. Geneva Advisors LLC now owns 53,720 shares of the company’s stock worth $797,000 after buying an additional 8,160 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in Monroe Capital Corporation by 3.5% in the second quarter. Oppenheimer & Co. Inc. now owns 30,780 shares of the company’s stock worth $456,000 after buying an additional 1,035 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in Monroe Capital Corporation by 4.9% in the second quarter. Chicago Partners Investment Group LLC now owns 79,641 shares of the company’s stock worth $1,181,000 after buying an additional 3,713 shares in the last quarter. Institutional investors own 22.83% of the company’s stock.

About Monroe Capital Corporation

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.

5 Day Chart for NASDAQ:MRCC

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