Monroe Capital Corporation (NASDAQ:MRCC) – Equities researchers at William Blair increased their Q2 2017 earnings per share estimates for shares of Monroe Capital Corporation in a report released on Tuesday. William Blair analyst R. Napoli now forecasts that the brokerage will earn $0.39 per share for the quarter, up from their prior estimate of $0.37. William Blair also issued estimates for Monroe Capital Corporation’s Q3 2017 earnings at $0.40 EPS and FY2018 earnings at $1.60 EPS.

MRCC has been the topic of several other reports. Zacks Investment Research lowered shares of Monroe Capital Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, November 2nd. FBR & Co reiterated a “buy” rating on shares of Monroe Capital Corporation in a research report on Wednesday, July 20th. National Securities reiterated a “buy” rating and set a $17.00 target price on shares of Monroe Capital Corporation in a research report on Wednesday, August 10th. Wunderlich lifted their target price on shares of Monroe Capital Corporation from $15.50 to $16.00 and gave the company a “buy” rating in a research report on Thursday, July 21st. Finally, JMP Securities reiterated a “buy” rating on shares of Monroe Capital Corporation in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.10.

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

Monroe Capital Corporation (NASDAQ:MRCC) opened at 14.86 on Thursday. The stock has a 50 day moving average of $15.02 and a 200 day moving average of $15.01. Monroe Capital Corporation has a 12-month low of $10.02 and a 12-month high of $16.37.

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

Several institutional investors have recently made changes to their positions in MRCC. Salzhauer Michael increased its position in shares of 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 increased its position in shares of 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 increased its position in shares of 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. increased its position in shares of 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 increased its position in shares of 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. 22.83% of the stock is owned by institutional investors.

Monroe Capital Corporation Company Profile

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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