Monroe Capital Corp (NASDAQ:MRCC)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $11.15 and last traded at $11.16, with a volume of 18028 shares trading hands. The stock had previously closed at $11.39.

A number of research firms recently commented on MRCC. National Securities reaffirmed a “buy” rating and set a $16.00 price target on shares of Monroe Capital in a research report on Monday, September 10th. BidaskClub lowered shares of Monroe Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, August 22nd. ValuEngine lowered shares of Monroe Capital from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 7th. Zacks Investment Research lowered shares of Monroe Capital from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. Finally, Raymond James lowered shares of Monroe Capital from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 7th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $13.38.

The stock has a market capitalization of $234.91 million, a P/E ratio of 7.94 and a beta of 0.77. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.01 and a current ratio of 3.01.

Monroe Capital (NASDAQ:MRCC) last released its quarterly earnings results on Tuesday, November 6th. The financial services provider reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.02. Monroe Capital had a net margin of 12.15% and a return on equity of 11.44%. The business had revenue of $13.78 million for the quarter, compared to analyst estimates of $15.36 million. Equities analysts predict that Monroe Capital Corp will post 1.54 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in MRCC. Cliffwater LLC increased its position in Monroe Capital by 65.0% during the third quarter. Cliffwater LLC now owns 210,642 shares of the financial services provider’s stock worth $2,858,000 after acquiring an additional 82,987 shares during the period. WESPAC Advisors LLC increased its holdings in Monroe Capital by 72.1% in the 3rd quarter. WESPAC Advisors LLC now owns 68,990 shares of the financial services provider’s stock valued at $936,000 after buying an additional 28,910 shares during the period. North Star Investment Management Corp. bought a new position in Monroe Capital in the 2nd quarter valued at about $323,000. Ashfield Capital Partners LLC bought a new position in Monroe Capital in the 2nd quarter valued at about $279,000. Finally, JPMorgan Chase & Co. increased its holdings in Monroe Capital by 630.3% in the 1st quarter. JPMorgan Chase & Co. now owns 18,989 shares of the financial services provider’s stock valued at $234,000 after buying an additional 16,389 shares during the period. 24.56% of the stock is currently owned by institutional investors and hedge funds.

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Monroe Capital Company Profile (NASDAQ:MRCC)

Monroe Capital Corporation is a business development company specializing in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity investments, and buyouts in middle-market companies. The fund prefers to invest in casinos and gaming, broadcasting, publishing, alcoholic beverage and tobacco distribution, oil and gas, insurance, pharmaceuticals and bio sciences, aerospace and defense, commercial printing, natural rubber, glass, container and packaging, metals and mining, and real estate.

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