Monroe Capital (MRCC) Scheduled to Post Quarterly Earnings on Tuesday

Monroe Capital (NASDAQ:MRCC) will release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Monroe Capital to post earnings of $0.29 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Monroe Capital (NASDAQ:MRCC) last released its earnings results on Wednesday, August 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.05. The business had revenue of $15.63 million for the quarter, compared to analyst estimates of $15.10 million. Monroe Capital had a return on equity of 11.47% and a net margin of 12.59%. During the same quarter in the prior year, the company posted $0.28 earnings per share. On average, analysts expect Monroe Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Monroe Capital Stock Up 1.3 %

MRCC stock opened at $8.07 on Friday. Monroe Capital has a twelve month low of $6.77 and a twelve month high of $8.41. The business has a 50 day moving average price of $8.02 and a two-hundred day moving average price of $7.69. The company has a debt-to-equity ratio of 1.53, a quick ratio of 3.38 and a current ratio of 3.38.

Monroe Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.00 annualized dividend and a dividend yield of 12.39%. Monroe Capital’s dividend payout ratio is presently 277.78%.

Monroe Capital Company Profile

Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.