Core Points - Monroe Capital Corporation will report its third quarter financial results for the period ending September 30, 2024, on November 12, 2024, after market close [1] - A webcast and conference call to discuss these results will take place on November 13, 2024, at 11:00 a.m. Eastern Time [1] Company Overview - Monroe Capital Corporation is a publicly-traded specialty finance company that primarily invests in senior, unitranche, and junior secured debt, as well as unsecured debt and equity investments in middle-market companies [2] - The company's investment objective is to maximize total return to stockholders through current income and capital appreciation [2] - Investment activities are managed by Monroe Capital BDC Advisors, LLC, which is registered under the Investment Advisers Act of 1940 [2] Asset Management Firm - Monroe Capital LLC specializes in private credit markets, offering various strategies including direct lending, technology finance, venture debt, alternative credit, structured credit, real estate, and equity [3] - The firm has been providing capital solutions in the U.S. and Canada since 2004 and focuses on generating high-quality "alpha" returns [3] - Monroe Capital is headquartered in Chicago and operates 10 offices across the United States and Asia [3] Awards and Recognition - Monroe has received multiple awards, including Private Debt Investor's 2023 Lower Mid-Market Lender of the Decade and 2023 Lower Mid-Market Lender of the Year [4] - Other accolades include 2023 CLO Manager of the Year, Americas, and recognition from Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A. [4]

Core Viewpoint - Monroe Capital (MRCC) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Monroe Capital is projected at $1.12 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 0.9% [9]. - Over the past three months, analysts have raised their earnings estimates for Monroe Capital by 10.4% [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is crucial for stock price movements [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions [10][11]. Market Implications - The upgrade to Zacks Rank 1 for Monroe Capital suggests an improvement in the company's underlying business, likely leading to increased buying pressure and a rise in stock price [6][11]. - The correlation between earnings estimate revisions and near-term stock movements highlights the importance of tracking these revisions for investment decisions [7].

CHICAGO, Sept. 03, 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 third quarter of 2024, payable on September 30, 2024 to stockholders of record as of September 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 reco ...

II CHIA 083 100 p 198 188 i I P III # # HOBEL 1984 1 000 1 I I I H . Hiroshi Watanabe I have been covering Monroe Capital (NASDAQ:NASDAQ:MRCC) since December last year. Both my initial and the follow-up article in which I assessed the Q1, 2024 dynamics outlining a relatively bearish case. The reason for this was simple - the underlying risks were too excessive to open a long-term stake in the BDC. For example, such metrics as leverage, dividend coverage and deteriorating portfolio quality all embodied chara ...

Monroe Capital (MRCC) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 19.23%. A quarter ago, it was expected that this business development company would post earnings of $0.26 per share when it actually produced earnings of $0.25, delivering a surprise of -3.85%. Over the last four ...

CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ:MRCC) today announced its financial results for the second quarter ended June 30, 2024. June 30, 2024 March 31, 2024 Consolidated Statements of Assets and Liabilities data: (unaudited) Investments, at fair value $ 485,804 $ 500,889 Total assets $ 512,113 $ 527,488 Net assets $ 199,344 $ 201,502 Except where the context suggests otherwise, the terms "Company," "we," "us," and "our" refer to Monroe Capital Corporation (together with ...

CHICAGO, July 19, 2024 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the "Company") (NASDAQ: MRCC) announced today that it will report its second quarter 2024 financial results on Wednesday, August 7, 2024, after the close of the financial markets. About Monroe Capital Corporation About Monroe Capital LLC Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2023 Lower Mid-Market Lender of the Decade, 2023 Lower Mid-Market Lender of the Year, ...

The Company will host a webcast and conference call to discuss these operating and financial results on Thursday, August 8, 2024 at 11:00 a.m. Eastern Time. The webcast will be hosted on a webcast link located in the Investor Relations section of our website at http://ir.monroebdc.com/events.cfm. To participate in the conference call, please dial (800) 715-9871 approximately 10 minutes prior to the call. Please reference conference ID # 7213559. For those unable to listen to the live broadcast, the webcast ...

CHICAGO, June 03, 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 second quarter of 2024, payable on June 28, 2024 to stockholders of record as of June 17, 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. W ...

CHICAGO, June 03, 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 second quarter of 2024, payable on June 28, 2024 to stockholders of record as of June 17, 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. W ...