Equities analysts expect Monroe Capital Corp (NASDAQ:MRCC) to report earnings per share of $0.35 for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for Monroe Capital’s earnings. Monroe Capital posted earnings per share of $0.38 during the same quarter last year, which would indicate a negative year over year growth rate of 7.9%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, November 5th.

According to Zacks, analysts expect that Monroe Capital will report full-year earnings of $1.40 per share for the current year, with EPS estimates ranging from $1.38 to $1.42. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.44 per share, with EPS estimates ranging from $1.38 to $1.50. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Monroe Capital.

Monroe Capital (NASDAQ:MRCC) last posted its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. Monroe Capital had a net margin of 18.88% and a return on equity of 11.43%. The business had revenue of $16.72 million for the quarter, compared to analyst estimates of $17.00 million.

Several analysts recently weighed in on MRCC shares. B. Riley set a $12.00 price target on Monroe Capital and gave the stock a “hold” rating in a research note on Tuesday, August 20th. Zacks Investment Research raised Monroe Capital from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, ValuEngine cut Monroe Capital from a “hold” rating to a “sell” rating in a research note on Monday, June 3rd. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.00.

Shares of MRCC stock traded up $0.27 during trading hours on Friday, hitting $10.56. 126,011 shares of the company’s stock traded hands, compared to its average volume of 107,612. The company has a quick ratio of 4.21, a current ratio of 4.21 and a debt-to-equity ratio of 1.58. The stock’s fifty day simple moving average is $10.64 and its two-hundred day simple moving average is $11.67. Monroe Capital has a 12-month low of $9.10 and a 12-month high of $14.05. The stock has a market cap of $211.28 million, a price-to-earnings ratio of 6.73 and a beta of 1.16.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 13.26%. The ex-dividend date is Friday, September 13th. Monroe Capital’s dividend payout ratio (DPR) is 89.17%.

A number of large investors have recently added to or reduced their stakes in MRCC. Bank of Montreal Can purchased a new position in Monroe Capital during the first quarter valued at $304,000. First Allied Advisory Services Inc. purchased a new position in Monroe Capital in the 1st quarter worth about $141,000. Advisory Alpha LLC purchased a new position in Monroe Capital in the 1st quarter worth about $36,000. Alera Investment Advisors LLC lifted its holdings in Monroe Capital by 45.0% during the 1st quarter. Alera Investment Advisors LLC now owns 4,721 shares of the financial services provider’s stock valued at $57,000 after buying an additional 1,466 shares in the last quarter. Finally, Marshall Wace North America L.P. bought a new stake in Monroe Capital during the 1st quarter valued at about $251,000. Institutional investors and hedge funds own 22.38% of the company’s stock.

Monroe Capital Company Profile

Monroe Capital Corporation is a business development company specializing in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity investments, and buyouts in middle-market companies. The fund prefers to invest in casinos and gaming, broadcasting, publishing, alcoholic beverage and tobacco distribution, oil and gas, insurance, pharmaceuticals and bio sciences, aerospace and defense, commercial printing, natural rubber, glass, container and packaging, metals and mining, and real estate.

Read More: Oversold

Get a free copy of the Zacks research report on Monroe Capital (MRCC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Monroe Capital (NASDAQ:MRCC)

Receive News & Ratings for Monroe Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monroe Capital and related companies with MarketBeat.com's FREE daily email newsletter.