Monroe Capital: Significantly Undervalued With Double-Digit Yield [Seeking Alpha]
Monroe Capital Corporation - Closed End Fund (MRCC)
Last monroe capital corporation - closed end fund earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations:
ir.monroebdc.com/investor-relations
Company Research
Source: Seeking Alpha
The company is well-positioned in the lower middle private credit market, which has seen growth due to tightening lending policies and increased demand from lower- and middle-market companies. Monroe Capital has improved its debt and liquidity position, has a strong portfolio credit quality, and is actively seeking attractive investment opportunities. As buying low and selling high is the well-known and fundamental principle of investing, I believe, less-known lower middle-market lender Monroe Capital ( NASDAQ: MRCC ), could be one of the options that perfectly fits on principle. Its stock price lost nearly 27% in value in the past three years due to temporary setbacks, such as a decline in net asset value and higher unrealized losses. Despite that, the BDC looks fundamentally sound with end markets offering significant support. Moreover, its dividend is fully covered by its net investment income, with expectations that earnings will continue to surpass dividend payments over the
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MRCC
News
- Monroe Capital Supports Altamont Capital Partners' Bishop Lifting Products, Inc. [Yahoo! Finance]Yahoo! Finance
- Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Monroe Capital Supports Growth of Exiger [Yahoo! Finance]Yahoo! Finance
- Monroe Capital Supports Leeds Equity Partners' TouchMath [Yahoo! Finance]Yahoo! Finance
MRCC
Earnings
- 3/11/24 - Miss
MRCC
Analyst Actions
- 3/13/24 - Ladenburg Thalmann
MRCC
Sec Filings
- 4/19/24 - Form 8-K
- 4/18/24 - Form ARS
- 4/18/24 - Form DEF
- MRCC's page on the SEC website