Monroe Capital Corp (NASDAQ:MRCC) Q1 2018 Sentiment Report

July 14, 2018 - By Linda Rogers

Sentiment for Monroe Capital Corp (NASDAQ:MRCC)

Monroe Capital Corp (NASDAQ:MRCC) institutional sentiment decreased to 0.81 in Q1 2018. Its down -0.19, from 1 in 2017Q4. The ratio turned negative, as 22 funds increased and opened new stock positions, while 27 sold and reduced stakes in Monroe Capital Corp. The funds in our partner’s database now possess: 4.47 million shares, down from 4.85 million shares in 2017Q4. Also, the number of funds holding Monroe Capital Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 15 Increased: 15 New Position: 7.

Monroe Capital Corporation is a business development firm 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 company has market cap of $273.04 million. The fund prefers to invest in casinos and gaming, broadcasting, publishing, alcoholic beverage and tobacco distribution, gas and oil, insurance, pharmaceuticals and bio sciences, aerospace and defense, commercial printing, natural rubber, glass, container and packaging, metals and mining, and real estate. It has a 24 P/E ratio. It focuses to invest in the United States and Canada.

The stock decreased 0.66% or $0.09 during the last trading session, reaching $13.49. About 61,888 shares traded. Monroe Capital Corporation (NASDAQ:MRCC) has declined 12.12% since July 14, 2017 and is downtrending. It has underperformed by 24.69% the S&P500.

Analysts await Monroe Capital Corporation (NASDAQ:MRCC) to report earnings on August, 14. They expect $0.37 earnings per share, up 5.71 % or $0.02 from last year’s $0.35 per share. MRCC’s profit will be $7.49 million for 9.11 P/E if the $0.37 EPS becomes a reality. After $0.42 actual earnings per share reported by Monroe Capital Corporation for the previous quarter, Wall Street now forecasts -11.90 % negative EPS growth.

Silver Capital Management Llc holds 1.78% of its portfolio in Monroe Capital Corporation for 37,044 shares. Muzinich & Co. Inc. owns 567,620 shares or 1.17% of their US portfolio. Moreover, Bard Associates Inc has 0.71% invested in the company for 116,357 shares. The California-based Wespac Advisors Llc has invested 0.49% in the stock. Opus Capital Group Llc, a Ohio-based fund reported 135,694 shares.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $108,984 activity.

Monroe Capital Corporation (NASDAQ:MRCC) Ratings Coverage

Ratings analysis reveals 0 of Monroe Capital’s analysts are positive. Out of 2 Wall Street analysts rating Monroe Capital, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $13.5 while the high is $13.5000. The stock’s average target of $13.50 is 0.07% above today’s ($13.49) share price. MRCC was included in 2 notes of analysts from March 27, 2018. The firm has “Hold” rating by FBR Capital given on Tuesday, March 27.

Monroe Capital Corporation (NASDAQ:MRCC) Institutional Positions Chart

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