Sentiment Change Report: Monroe Capital Corp (NASDAQ:MRCC)

December 7, 2017 - By Marguerite Chambers

 Sentiment Change Report: Monroe Capital Corp (NASDAQ:MRCC)

Sentiment for Monroe Capital Corp (NASDAQ:MRCC)

Monroe Capital Corp (NASDAQ:MRCC) institutional sentiment increased to 2.73 in 2017 Q2. Its up 0.85, from 1.88 in 2017Q1. The ratio has improved, as 30 active investment managers increased or started new positions, while 11 trimmed and sold equity positions in Monroe Capital Corp. The active investment managers in our partner’s database now hold: 5.06 million shares, up from 4.60 million shares in 2017Q1. Also, the number of active investment managers holding Monroe Capital Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 19 New Position: 11.

The stock increased 0.35% or $0.0502 during the last trading session, reaching $14.4502. About 37,701 shares traded. Monroe Capital Corporation (NASDAQ:MRCC) has risen 14.25% since December 7, 2016 and is uptrending. It has underperformed by 2.45% the S&P500.

Analysts await Monroe Capital Corporation (NASDAQ:MRCC) to report earnings on March, 6. They expect $0.34 earnings per share, down 2.86 % or $0.01 from last year’s $0.35 per share. MRCC’s profit will be $6.88M for 10.63 P/E if the $0.34 EPS becomes a reality. After $0.34 actual earnings per share reported by Monroe Capital Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Silver Capital Management Llc holds 2.27% of its portfolio in Monroe Capital Corporation for 37,324 shares. Muzinich & Co. Inc. owns 801,138 shares or 1.07% of their US portfolio. Moreover, Bard Associates Inc has 0.82% invested in the company for 119,237 shares. The California-based Wespac Advisors Llc has invested 0.68% in the stock. Salzhauer Michael, a New York-based fund reported 52,438 shares.#img1#

Monroe Capital Corporation (NASDAQ:MRCC) Ratings Coverage

Ratings analysis reveals 86% of Monroe Capital’s analysts are positive. Out of 7 Wall Street analysts rating Monroe Capital, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $15.5 while the high is $1700. The stock’s average target of $16.13 is 11.62% above today’s ($14.4502) share price. MRCC was included in 8 notes of analysts from April 27, 2016. The stock of Monroe Capital Corporation (NASDAQ:MRCC) has “Buy” rating given on Wednesday, August 9 by Oppenheimer. The stock of Monroe Capital Corporation (NASDAQ:MRCC) earned “Neutral” rating by Ladenburg Thalmann on Wednesday, August 10. The firm earned “Buy” rating on Thursday, August 10 by Ladenburg Thalmann. Wunderlich maintained Monroe Capital Corporation (NASDAQ:MRCC) on Thursday, July 21 with “Buy” rating. Raymond James initiated the shares of MRCC in report on Tuesday, August 16 with “Outperform” rating. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, January 9 report. The rating was maintained by JMP Securities with “Market Outperform” on Monday, November 13. Janney Capital reinitiated Monroe Capital Corporation (NASDAQ:MRCC) on Wednesday, April 27 with “Buy” rating.

More notable recent Monroe Capital Corporation (NASDAQ:MRCC) news were published by: Globenewswire.com which released: “Monroe Capital Corporation BDC Announces Second Quarter Financial Results” on August 08, 2017, also Globenewswire.com with their article: “Monroe Capital Corporation BDC Announces Strong Third Quarter Financial Results” published on November 07, 2017, Fool.com published: “What’s New in BDC Land: Golub Capital, Ares Capital and Monroe Capital Corp.” on August 09, 2017. More interesting news about Monroe Capital Corporation (NASDAQ:MRCC) were released by: Seekingalpha.com and their article: “Considering A BDC? Take A Look At Monroe Capital Corporation” published on March 14, 2017 as well as Seekingalpha.com‘s news article titled: “Identifying Risk In BDCs: Monroe Capital Corporation” with publication date: September 25, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.