How to Buy Monroe Capital Stock
Monroe Capital Corp
Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.
Monroe Capital stock last closed at $7.30, up 0.27% from the previous day, and has decreased 4.58% in one year. It has underperformed other stocks in the Asset Management industry by 0.01 percentage points. Monroe Capital stock is currently +9.12% from its 52-week low of $6.69, and -17.51% from its 52-week high of $8.85.
As of Apr 25, 2024, there are 21.67M MRCC shares outstanding. The market value of MRCC is $158.16M. In the last 24 hours, 55,908 MRCC shares were traded.
How to Buy Monroe Capital Stock
Wondering how to invest in Monroe Capital stock? Here's how.
- Decide where to buy Monroe Capital stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Monroe Capital stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your info.
- Analyze Monroe Capital stock: The Monroe Capital ticker symbol is MRCC. Is Monroe Capital stock a good investment? Should you buy shares of MRCC? How do MRCC's underlying business fundamentals look? Do top analysts think Monroe Capital is a good buy? Why has MRCC's stock price moved recently? (Hint: Our stock market research website can help you understand if MRCC is a good stock to buy).
- Make your MRCC buy order: Decide if you will purchase MRCC shares at the current market price or use a limit order to buy MRCC shares at a particular price.
- Monitor your MRCC position: Create a watchlist to watch your investment in Monroe Capital stock.
Step 1: Decide where to buy Monroe Capital stock
You need an online brokerage account in order to access the NASDAQ market and buy MRCC stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to invest in MRCC today.
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Step 3: Fund your investment account
Now that you have created your account on the best stock app, you can securely and quickly fund your account:
Watch the tutorial below to see the process of transferring funds into your investment account.
Step 4: Analyze Monroe Capital stock
After you have figured out the best place to buy Monroe Capital stock, it's very important to research their stock before you invest, so you truly comprehend the risk and opportunity.
Monroe Capital quick stats
MRCC Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on MRCC's stock page.
What is the fair value of MRCC stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MRCC's true value.
Using relative valuations metrics:
- MRCC could be overvalued based on its P/E ratio of 365x, relative to Asset Management industry P/E ratio of 30.98x
- MRCC may be undervalued based on its P/B ratio of 0.78x, relative to Asset Management industry P/B ratio of 2.34x
You can do more valuation research on MRCC's stock here.
MRCC Financials at a glance
Passed Health Checks:
- MRCC profit margin has gone up from -4.9% to 0.6% in the past year.
Failed Health Checks:
- MRCC earnings of $24.02M is not sufficient to cover its interest payments.
- Total MRCC debt is higher than 5 years ago, relative to shareholder equity.
- MRCC has a relatively high debt to equity ratio of 1.52.
- MRCC's operating cash flow of $51.73M allows it to safely service it's debt of $300.87M.
Is it a good time to buy Monroe Capital stock, according to analysts?
Out of 1 Equities analysts who monitor MRCC, the consensus analyst rating on MRCC is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Monroe Capital stock forecast page.
MRCC Technical Indicators
How are MRCC Revenues/Earnings doing?
Last year, MRCC earnings were $371.00k. Over the past five year, MRCC's earnings have gone up by -41.42% per year. This was slower than the Asset Management industry average of 7.01%.
Last year, MRCC revenue was $64.30M. During the last five year, MRCC's revenue has grown by 1.95% per year. This was slower than the Asset Management industry average of 20.66%.
Learn more about MRCC's earnings and revenue performance here.
Latest Insiders Trades at MRCC
In the last 12 months, insiders at MRCC have not bought or sold any shares.
Dig into more about who owns MRCC shares here.
Can I rely on MRCC as an income stream?
Monroe Capital pays a dividend of 13.7%, compared to the Asset Management industry's average dividend yield of 6.76%. If you owned $1,000 worth of MRCC stock, you would have been paid $136.99 in the past year.
Monroe Capital dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Monroe Capital dividend yield and history here.
What others are saying about MRCC
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Step 5: Make your MRCC buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, use a limit order.
Click the Open button and your broker will execute your order.
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Step 6: Monitor your MRCC position
Now that you own some shares in MRCC, you'll want to keep up with your investment.
Put MRCC on a watchlist to keep tabs on your MRCC stock.
MRCC Feed
How to Buy Stock in Monroe Capital
To summarize, here are the 6 steps to buy Monroe Capital stock:
- Decide where to buy Monroe Capital stock
- Open a brokerage account
- Fund your investment account
- Analyze Monroe Capital stock
- Make your MRCC buy order
- Monitor your MRCC position
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