Monroe Capital Corp has a consensus price target of $8.5 based on the ratings of 3 analysts. The high is $9 issued by Ladenburg Thalmann on March 13, 2024. The low is $8 issued by B. Riley Securities on August 11, 2023. The 3 most-recent analyst ratings were released by Ladenburg Thalmann, B. Riley Securities, and B. Riley Securities on March 13, 2024, August 11, 2023, and September 16, 2022, respectively. With an average price target of $8.33 between Ladenburg Thalmann, B. Riley Securities, and B. Riley Securities, there's an implied -0.79% downside for Monroe Capital Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Monroe Cap (NASDAQ:MRCC) was reported by Ladenburg Thalmann on March 13, 2024. The analyst firm set a price target for $9.00 expecting MRCC to rise to within 12 months (a possible 7.14% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Monroe Cap (NASDAQ:MRCC) was provided by Ladenburg Thalmann, and Monroe Cap maintained their buy rating.
There is no last upgrade for Monroe Cap
The last downgrade for Monroe Capital Corp happened on August 8, 2022 when Oppenheimer changed their price target from N/A to N/A for Monroe Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Monroe Cap, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Monroe Cap was filed on March 13, 2024 so you should expect the next rating to be made available sometime around March 13, 2025.
While ratings are subjective and will change, the latest Monroe Cap (MRCC) rating was a maintained with a price target of $9.50 to $9.00. The current price Monroe Cap (MRCC) is trading at is $8.40, which is out of the analyst’s predicted range.
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