Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. The Company’s investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital Corporation, visit www.monroebdc.com.
Company profile
Ticker
MRCC
Exchange
Website
CEO
Theodore Koenig
Employees
Incorporated
Location
Fiscal year end
SEC CIK
Corporate docs
Subsidiaries
Panther Lender MRCC BDC, LLC • MCC Holdco Equity Manager I, LLC • MRCC Holding Company ...
IRS number
274895840
MRCC stock data
Latest filings (excl ownership)
8-K
Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
19 Apr 24
ARS
2023 FY
Annual report to shareholders
18 Apr 24
DEF 14A
Definitive proxy
18 Apr 24
PRE 14A
Preliminary proxy
8 Apr 24
8-K
Departure of Directors or Certain Officers
5 Apr 24
8-K
Changes in Registrant's Certifying Accountant
13 Mar 24
10-K
2023 FY
Annual report
11 Mar 24
8-K
Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2023 Results
11 Mar 24
8-K
Monroe Capital Corporation Announces First Quarter Distribution of $0.25 Per Share
5 Mar 24
8-K
Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
14 Feb 24
Transcripts
MRCC
Earnings call transcript
2023 Q4
12 Mar 24
MRCC
Earnings call transcript
2023 Q3
9 Nov 23
MRCC
Earnings call transcript
2023 Q2
10 Aug 23
MRCC
Earnings call transcript
2023 Q1
11 May 23
MRCC
Earnings call transcript
2022 Q4
2 Mar 23
MRCC
Earnings call transcript
2022 Q3
9 Nov 22
MRCC
Earnings call transcript
2022 Q2
3 Aug 22
MRCC
Earnings call transcript
2022 Q1
4 May 22
MRCC
Earnings call transcript
2021 Q4
4 Mar 22
MRCC
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.32 mm | 5.32 mm | 5.32 mm | 5.32 mm | 5.32 mm | 5.32 mm |
Cash burn (monthly) | 2.33 mm | 150.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 15.99 mm | 1.03 mm | n/a | n/a | n/a | n/a |
Cash remaining | -10.66 mm | 4.29 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.6 | 28.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
16.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 80 |
Opened positions | 13 |
Closed positions | 7 |
Increased positions | 24 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 26.07 bn |
Total shares | 3.67 mm |
Total puts | 14.80 k |
Total calls | 22.90 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Advisor | 876.20 k | $6.53 bn |
Blair William & Co | 426.06 k | $3.17 bn |
Schechter Investment Advisors | 153.43 k | $1.14 bn |
Commonwealth Equity Services | 134.63 k | $1.00 mm |
Two Sigma Advisers | 110.80 k | $825.46 mm |
Two Sigma Investments | 106.82 k | $795.84 mm |
National Bank of Canada | 94.90 k | $692.34 mm |
Advisors Asset Management | 94.25 k | $702.13 mm |
Fiera Capital | 84.00 k | $625.83 mm |
Cliffwater | 78.44 k | $584.38 mm |
News
Ladenburg Thalmann Maintains Buy on Monroe Cap, Lowers Price Target to $9
13 Mar 24
Monroe Cap: Q4 Earnings Insights
11 Mar 24
Monroe Cap Q4 2023 Adj EPS $0.26 Misses $0.28 Estimate, Sales $15.503M Miss $16.557M Estimate
11 Mar 24
Monroe Cap's Ex-Dividend Date Is Thursday, Here's What You Need To Know
11 Mar 24
Earnings Scheduled For March 11, 2024
11 Mar 24
Press releases
Monroe Capital Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
19 Apr 24
Monroe Capital Corporation BDC Announces Fourth Quarter and Full Year 2023 Results
11 Mar 24
Monroe Capital Corporation Announces First Quarter Distribution of $0.25 Per Share
5 Mar 24
Monroe Capital Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
14 Feb 24