The No. 1 AI Stock of 2024 (Not Nvidia)
It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.
Financials
| Curr Year EPS Estimate | 1 |
| Next Quarter EPS Estimate | 0.24 |
| Profit Margin | 0.03 |
| Return on Assets | 0.05 |
| Return on Equity | 0.01 |
| Revenue | 61,581,000 |
| Earnings Per Share | 0.08 |
| Revenue Per Share | 2.94 |
| Gross Profit | 61,581,000 |
| Quarterly Revenue Growth | -0.30 |
General
| Name | Monroe Capital Corporation |
| Ticker | MRCC |
| Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Mortgage Finance |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
About Monroe Capital Corporation
Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million.
Dividend
Monroe Capital Corporation pays out a dividend of $1.10 per share, with a dividend yield of 12.54%.
MRCC's last dividend payment was made to shareholders on March 31, 2021.
They pay out 68.97% of their earnings out as a dividend.
Recent Dividends
| Mar 29, 2024 | $0.25 |
| Dec 29, 2023 | $0.25 |
| Sep 29, 2023 | $0.25 |
| Jun 30, 2023 | $0.25 |
| Mar 31, 2023 | $0.25 |
| Dec 30, 2022 | $0.25 |
| Sep 30, 2022 | $0.25 |
| Jun 30, 2022 | $0.25 |
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