Positive Press Coverage Somewhat Unlikely to Affect Monroe Capital (MRCC) Stock Price

News headlines about Monroe Capital (NASDAQ:MRCC) have been trending positive on Tuesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Monroe Capital earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.1311776922524 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

MRCC has been the topic of a number of recent analyst reports. National Securities reaffirmed a “buy” rating and issued a $17.00 target price on shares of Monroe Capital in a report on Monday, November 13th. Zacks Investment Research lowered Monroe Capital from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, TheStreet upgraded Monroe Capital from a “c+” rating to a “b” rating in a research report on Monday, November 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $16.50.

Shares of Monroe Capital (NASDAQ:MRCC) traded up $0.27 during trading hours on Tuesday, hitting $14.02. The company’s stock had a trading volume of 93,292 shares, compared to its average volume of 135,400. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.52. Monroe Capital has a fifty-two week low of $13.32 and a fifty-two week high of $16.20. The stock has a market capitalization of $283.76, a price-to-earnings ratio of 14.31 and a beta of 0.56.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 9.99%. The ex-dividend date of this dividend was Thursday, December 14th. Monroe Capital’s dividend payout ratio is presently 142.86%.

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Monroe Capital 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 and Canada. 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.

Insider Buying and Selling by Quarter for Monroe Capital (NASDAQ:MRCC)

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