Monroe Capital CorpMRCC
MRCC
About: Monroe Capital Corp is a speciality finance company focused on providing financing to lower middle-market companies, in the U.S. and Canada. The company provides customized financing solutions focused on senior, unitranche, and junior secured debt and unsecured subordinated debt and equity, including equity co-investments in preferred and common stock and warrants.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1.41% more ownership
Funds ownership: 15.33% [Q2] → 16.74% (+1.41%) [Q3]
4% more capital invested
Capital invested by funds: $25.2M [Q2] → $26.1M (+$892K) [Q3]
2% less funds holding
Funds holding: 81 [Q2] → 79 (-2) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for MRCC.
Financial journalist opinion
Based on 5 articles about MRCC published over the past 30 days
Neutral
Business Wire
1 day ago
Monroe Capital Supports Aligned Exteriors Group's Acquisition of Home Pro Roofing
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Aligned Exteriors Group's (“AEG”) acquisition of Home Pro Roofing, an existing portfolio company created by River Sea Network and Pearl Street Capital Partners. Based in Grand Rapids, MI, Home Pro Roofing is a professional roofing company providing replacement, installation, repair, inspection, and storm damage services f.
Neutral
Business Wire
1 week ago
Monroe Capital Supports Gryphon Investors' Investment in phData, Inc.
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors. Founded in 2014 and based in Minneapolis, MN, phData is one of the largest pure-play data engineering companies globally, offering services including data engineering, AI and machine learning, analytics, and visualization to customers across the financial ser.
Neutral
Business Wire
2 weeks ago
Monroe Capital Supports Maple Park Capital Partners' Acquisition of Rita's Italian Ice & Frozen Custard
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita's Italian Ice & Frozen Custard (“Rita's”) by Maple Park Capital Partners. Founded in 1984 and based in Trevose, Pennsylvania, Rita's is a franchisor of Italian ice and custard shops. The company has over 575 locations across 30 states primarily in the mid-Atlantic region including Pennsylvania,.
Positive
Seeking Alpha
3 weeks ago
Monroe Capital: Current Premium Isn't Justified, But Earnings Have Improved (Rating Upgrade)
Monroe Capital operates as a business development company with a large exposure to real estate related investments. The dividend yield is appealing at 11.6%, with improved coverage, but the non-accrual rate has increased, indicating portfolio stress. MRCC's portfolio is heavily vulnerable to higher interest rates, as the cost of borrowing shrinks borrower operating margins.
Neutral
Business Wire
3 weeks ago
Monroe Capital Supports NationsBenefits' Acquisition of General Vision Services
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits' acquisition of General Vision Services, an existing portfolio company of General Atlantic, The Pritzker Organization, and Denali Growth Partners. Based in New York, NY, General Vision Services is a premier managed vision care and revenue cycle management company. General Vision Services provides eyecare b.
Neutral
Business Wire
1 month ago
Monroe Capital Supports Alpine Investors' Investment in Guardian Restoration Partners
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization of Guardian Restoration Partners (“Guardian”), an existing portfolio company of Alpine Investors. Based in Denver, Colorado, Guardian is an end-to-end provider of mitigation and restoration services, acting as a first responder following damage to properties due to water damage, storms, and fires. The Company's primary servi.
Negative
Seeking Alpha
1 month ago
Dividend Cut Alert: 2 BDCs With Likely Lower Dividends In 2025
BDCs offer attractive opportunities for income investors to enhance their portfolio yields. Yet, since the yields are so enticing, the chances are high for getting caught in value traps. In the article I elaborate on two BDCs that are very close to cutting their dividends with a high probability of making the announcements in 2025.
Neutral
Business Wire
1 month ago
Monroe Capital Supports The Gersh Agency Inc.'s Acquisition of You First
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners. Founded in 1949 and based in Beverly Hills, CA, Gersh is a full-service talent agency that represents a leading roster of actors, writers, directors, comedians and other entertainment professionals in television, f.
Neutral
Business Wire
1 month ago
Monroe Capital Supports Sumeru Equity Partners' Acquisition of JobNimbus
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of JobNimbus by Sumeru Equity Partners. Founded in 2013 and headquartered in Lehi, Utah, JobNimbus is a leading business management software platform designed to provide roofing contractors with comprehensive, end-to-end solutions. The platform offers a suite of services, including CRM, sales and marketing.
Neutral
GlobeNewsWire
1 month ago
Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.25 Per Share
CHICAGO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the fourth quarter of 2024, payable on December 30, 2024 to stockholders of record as of December 16, 2024. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company's capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
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