Monroe Capital (MRCC) to Release Quarterly Earnings on Tuesday

Monroe Capital (NASDAQ:MRCC) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Monroe Capital (NASDAQ:MRCC) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 12.59% and a return on equity of 11.47%. During the same period last year, the business 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 %

Shares of NASDAQ MRCC opened at $8.07 on Friday. The company has a fifty day moving average price of $8.02 and a 200 day moving average price of $7.69. Monroe Capital has a 1-year low of $6.77 and a 1-year high of $8.41. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 1.53.

Monroe Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.25 per share. 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 currently 277.78%.

About Monroe Capital

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.