Should I buy or sell Main Street Capital stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Main Street Capital in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MAIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MAIN, but not buy additional shares or sell existing shares. View MAIN analyst ratings or view top-rated stocks .

What is Main Street Capital's stock price target for 2024?

6 Wall Street analysts have issued 12 month price targets for Main Street Capital's shares. Their MAIN share price targets range from $43.00 to $48.00. On average, they predict the company's stock price to reach $45.50 in the next twelve months. This suggests that the stock has a possible downside of 3.1%. View analysts price targets for MAIN or view top-rated stocks among Wall Street analysts .

How have MAIN shares performed in 2024?

Main Street Capital's stock was trading at $43.23 at the beginning of 2024. Since then, MAIN shares have increased by 8.6% and is now trading at $46.96. View the best growth stocks for 2024 here .

When is Main Street Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our MAIN earnings forecast .

How can I listen to Main Street Capital's earnings call?

Main Street Capital will be holding an earnings conference call on Friday, May 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745533#".

How were Main Street Capital's earnings last quarter?

Main Street Capital Co. (NYSE:MAIN) issued its quarterly earnings data on Thursday, February, 22nd. The financial services provider reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. The financial services provider had revenue of $129.31 million for the quarter, compared to analysts' expectations of $125.52 million. Main Street Capital had a net margin of 85.62% and a trailing twelve-month return on equity of 14.99%.

How often does Main Street Capital pay dividends? What is the dividend yield for Main Street Capital?

Main Street Capital declared a dividend on Monday, March 18th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.30 per share on Wednesday, March 27th. This represents a yield of 8.37%. The ex-dividend date is Tuesday, March 19th. This is a positive change from the stock's previous dividend of $0.24. Read our dividend analysis for MAIN .

Is Main Street Capital a good dividend stock?

Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.88 per share and currently has a dividend yield of 6.17%. MAIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MAIN will have a dividend payout ratio of 73.85% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MAIN .

What ETFs hold Main Street Capital's stock?

ETFs with the largest weight of Main Street Capital (NYSE:MAIN) stock in their portfolio include Putnam BDC Income ETF (PBDC) , ProShares Global Listed Private Equity ETF (PEX) , VanEck BDC Income ETF (BIZD) and WisdomTree Alternative Income Fund (HYIN) . Invesco Global Listed Private Equity ETF (PSP) .

What guidance has Main Street Capital issued on next quarter's earnings?

Main Street Capital updated its first quarter earnings guidance on Tuesday, April, 16th. The company provided EPS guidance of $1.04-$1.06 for the period, compared to the consensus earnings per share estimate of $1.02.

What is Dwayne Hyzak's approval rating as Main Street Capital's CEO?

1 employees have rated Main Street Capital Chief Executive Officer Dwayne Hyzak on Glassdoor.com . Dwayne Hyzak has an approval rating of 100% among the company's employees. This puts Dwayne Hyzak in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Main Street Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Main Street Capital investors own include AT&T (T) , Enterprise Products Partners (EPD) , Altria Group (MO) , Realty Income (O) , Johnson & Johnson (JNJ) , Verizon Communications (VZ) , Exxon Mobil (XOM) , AbbVie (ABBV) , Coca-Cola (KO) and Two Harbors Investment (TWO) .

Who are Main Street Capital's major shareholders?

Main Street Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (0.42%), Sanders Morris Harris LLC (0.25%), Confluence Investment Management LLC (0.15%), Wealth Enhancement Advisory Services LLC (0.05%), D.B. Root & Company LLC (0.04%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include David L Magdol , Dwayne L Hyzak , Jason B Beauvais , John Earl Jackson , Nicholas Meserve and Vincent D Foster . View institutional ownership trends .

How do I buy shares of Main Street Capital?

Shares of MAIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MAIN

Main Street Capital (MAIN) Stock Price, News & Analysis

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Free MAIN Stock Alerts

$46.96

+0.19 (+0.41%)

(As of 04/17/2024 ET)

Compare

Today's Range: $46.72
▼
$47.25
50-Day Range: $44.33
▼
$47.79
52-Week Range: $37.70
▼
$47.82

Volume: 252,755 shs
Average Volume: 358,978 shs
Market Capitalization: $3.99 billion

P/E Ratio: 9.00
Dividend Yield: 6.13%
Price Target: $45.50

Get Main Street Capital alerts:

Main Street Capital MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 3.1% Downside
$45.50 Price Target
Short Interest: Bearish
4.04% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.29
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -4.18%
From $4.07 to $3.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.84 out of 5 stars

Finance Sector

767th out of 819 stocks

Eating Places Industry

39th out of 40 stocks

1.2

Analyst's Opinion

Consensus Rating
Main Street Capital has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Main Street Capital has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.04% of the outstanding shares of Main Street Capital have been sold short.
Short Interest Ratio / Days to Cover
Main Street Capital has a short interest ratio ("days to cover") of 9.6.
Change versus previous month
Short interest in Main Street Capital has recently increased by 1.18%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Main Street Capital is a leading dividend payer. It pays a dividend yield of 6.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Main Street Capital does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Main Street Capital is 55.17%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Main Street Capital will have a dividend payout ratio of 73.85% next year. This indicates that Main Street Capital will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MAIN.

2.9

News and Social Media Coverage

News Sentiment
Main Street Capital has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Main Street Capital this week, compared to 5 articles on an average week.
Search Interest
111 people have searched for MAIN on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.
MarketBeat Follows
94 people have added Main Street Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 114% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Main Street Capital insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.99% of the stock of Main Street Capital is held by insiders.
Percentage Held by Institutions
Only 20.31% of the stock of Main Street Capital is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Main Street Capital are expected to decrease by -4.18% in the coming year, from $4.07 to $3.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Main Street Capital is 9.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Main Street Capital is 9.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.65.
Price to Book Value per Share Ratio
Main Street Capital has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Main Street Capital Stock (NYSE:MAIN)

Main Street Capital Corporation has operated as a business development company for over a decade, providing valuable equity and debt capital to many lower-middle market companies. The company has established a reputation for its commitment to providing one-stop financing solutions that help entrepreneurs, business owners and management teams achieve their financial goals.

MSCC, headquartered in Houston, Texas, has an additional office in Chojnów, Poland. Its global reach allows the company to tap into a broad range of investment opportunities, and the company has a well-deserved reputation for identifying the most promising businesses.

MSCC's strong financial performance is a testament to its investment strategy. The company has consistently generated significant returns for its investors, and its net asset value per share has increased yearly.

MSCC's financial performance drives a range of factors, including its ability to identify promising investment opportunities, its strong relationships with management teams and its ability to provide comprehensive financing solutions that meet each business's unique needs.

The company strongly focuses on ensuring its investments are well-diversified, with various assets across different industries and geographies. This strategy helps mitigate risk and ensure the company is well-positioned to weather economic challenges.

In addition to its strong financial performance, MSCC is committed to corporate social responsibility. The company has a range of initiatives focused on environmental, social and governance issues and is committed to positively impacting the communities in which it operates.

Main Street Capital Corporation is a well-respected and successful business development company committed to providing valuable financing solutions to lower-middle market companies.

MAIN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MAIN Stock News Headlines

April 17, 2024 | marketbeat.com

My Ranking of the Best 6%+ Yielding Income Investments

April 17, 2024 | investing.com

Main Street Capital reports strong Q1 2024 earnings growth

April 18, 2024 | Gold Safe Exchange (Ad)

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April 16, 2024 | finanznachrichten.de

Main Street Capital Corporation: Main Street Announces Preliminary Estimate of First Quarter 2024 Operating Results

April 16, 2024 | markets.businessinsider.com

Main Street Capital Preliminary Q1 Profit Above Estimates

April 16, 2024 | msn.com

Main Street Capital sees Q1 distributable NII topping consensus

April 16, 2024 | finance.yahoo.com

Main Street Announces Preliminary Estimate of First Quarter 2024 Operating Results

April 14, 2024 | americanbankingnews.com

Main Street Capital (NYSE:MAIN) Stock Price Down 0.5%

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | finance.yahoo.com

Main Street Announces First Quarter 2024 Private Loan Portfolio Activity

April 11, 2024 | prnewswire.com

Main Street Announces First Quarter 2024 Private Loan Portfolio Activity

April 11, 2024 | americanbankingnews.com

Main Street Capital (NYSE:MAIN) Hits New 52-Week High at $47.71

April 11, 2024 | americanbankingnews.com

Main Street Capital (NYSE:MAIN) Hits New 1-Year High at $47.71

April 8, 2024 | investorplace.com

Monthly Money Makers: 3 Dividend Stocks for Consistent Cash Flow

April 7, 2024 | seekingalpha.com

Main Street Capital: A Solid 8% Yield, But Unattractive Risk/Reward (Rating Downgrade)

April 5, 2024 | investorplace.com

The 7 Best Retirement Stocks to Buy in April 2024

April 5, 2024 | foxnews.com

Bombing kills co-founder of Syria's main al-Qaida-linked group, once known as Nusra Front

April 4, 2024 | apnews.com

Bombing kills co-founder of Syria’s main al-Qaida-linked group, once known as Nusra Front

April 2, 2024 | foxnews.com

Over 53,000 Haitians flee capital in weeks following gang takeover

April 2, 2024 | investorplace.com

The 3 Most Undervalued Dividend Stocks to Buy in April 2024

April 2, 2024 | uk.news.yahoo.com

Cops issue update after 'incident' CLOSES busy street for hours

April 2, 2024 | msn.com

High-flying stocks mean everything to Wall Street — but not Main Street

April 1, 2024 | afr.com

Private capital’s surprisingly sluggish year prompts rethink

March 28, 2024 | msn.com

Things to do in the Capital Region this weekend: March 29-31

March 26, 2024 | investorplace.com

7 Sorry Financial Stocks to Sell in March While You Still Can

March 20, 2024 | seekingalpha.com

Main Street Capital: A Safe But Expensive 8% Yield [Upgrade]

March 19, 2024 | finance.yahoo.com

Main Street Announces Follow-On Investment

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 3/27 Dividend: 3/19/2024
Dividend Payable: 3/27/2024
Today: 4/18/2024
Ex-Dividend for 5/15 Dividend: 5/07/2024
Next Earnings (Confirmed): 5/09/2024
Dividend Payable: 5/15/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Eating places
Sub-Industry: Asset Management & Custody Banks
Current Symbol: NYSE:MAIN
CUSIP: 56035L10
CIK: 1396440
Web: www.mainstcapital.com
Phone: (713) 350-6000
Fax: 713-350-6042
Employees: 100
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $45.50
High Stock Price Target: $48.00
Low Stock Price Target: $43.00
Potential Upside/Downside: -3.1%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.22
Trailing P/E Ratio: 9.00
Forward P/E Ratio: 11.54
P/E Growth: N/A
Net Income: $428.45 million
Net Margins: 85.62%
Pretax Margin: 90.15%
Return on Equity: 14.99%
Return on Assets: 7.89%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 0.09
Quick Ratio: 0.09

Sales & Book Value

Annual Sales: $500.39 million
Price / Sales: 7.98
Cash Flow: $4.33 per share
Price / Cash Flow: 10.85
Book Value: $29.58 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 84,980,000
Free Float: 81,589,000
Market Cap: $3.99 billion
Optionable: Optionable
Beta: 1.29

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Key Executives

Mr. Vincent D. Foster CPA (Age 67)
J.D., Chairman & Non-Executive Senior Advisor
Mr. Dwayne Louis Hyzak CPA (Age 51)
CEO & Director
Comp: $4.54M
Mr. David L. Magdol (Age 53)
President, Chief Investment Officer & Senior MD
Comp: $3.51M
Mr. Jesse Enrique Morris (Age 56)
CFO, Treasurer, Executive VP & COO
Comp: $3.35M
Mr. Jason B. Beauvais J.D. (Age 48)
Executive VP, General Counsel, Chief Compliance Officer & Secretary
Comp: $2.12M
Mr. Ryan Robert Nelson (Age 40)
Vice President, Chief Accounting Officer & Assistant Treasurer
Mr. Ken Dennard
Investor Relations Contact
Ms. Ashley Seatter
Business Development and Marketing Senior Associate
Ms. Margaret Kopko
Human Resource Manager
Mr. Kenneth Colton Braud III (Age 38)
Managing Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MAIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Main Street Capital stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Main Street Capital in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MAIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MAIN, but not buy additional shares or sell existing shares.
View MAIN analyst ratings or view top-rated stocks.
What is Main Street Capital's stock price target for 2024?: 6 Wall Street analysts have issued 12 month price targets for Main Street Capital's shares. Their MAIN share price targets range from $43.00 to $48.00. On average, they predict the company's stock price to reach $45.50 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
View analysts price targets for MAIN or view top-rated stocks among Wall Street analysts.
How have MAIN shares performed in 2024?: Main Street Capital's stock was trading at $43.23 at the beginning of 2024. Since then, MAIN shares have increased by 8.6% and is now trading at $46.96.
View the best growth stocks for 2024 here.
When is Main Street Capital's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our MAIN earnings forecast.
How can I listen to Main Street Capital's earnings call?: Main Street Capital will be holding an earnings conference call on Friday, May 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745533#".
How were Main Street Capital's earnings last quarter?: Main Street Capital Co. (NYSE:MAIN) issued its quarterly earnings data on Thursday, February, 22nd. The financial services provider reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.06. The financial services provider had revenue of $129.31 million for the quarter, compared to analysts' expectations of $125.52 million. Main Street Capital had a net margin of 85.62% and a trailing twelve-month return on equity of 14.99%.
How often does Main Street Capital pay dividends? What is the dividend yield for Main Street Capital?: Main Street Capital declared a dividend on Monday, March 18th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.30 per share on Wednesday, March 27th. This represents a yield of 8.37%. The ex-dividend date is Tuesday, March 19th. This is a positive change from the stock's previous dividend of $0.24.
Read our dividend analysis for MAIN.
Is Main Street Capital a good dividend stock?: Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.88 per share and currently has a dividend yield of 6.17%. MAIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MAIN will have a dividend payout ratio of 73.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MAIN.

What ETFs hold Main Street Capital's stock?: ETFs with the largest weight of Main Street Capital (NYSE:MAIN) stock in their portfolio include Putnam BDC Income ETF (PBDC), ProShares Global Listed Private Equity ETF (PEX), VanEck BDC Income ETF (BIZD) and WisdomTree Alternative Income Fund (HYIN).Invesco Global Listed Private Equity ETF (PSP).
What guidance has Main Street Capital issued on next quarter's earnings?: Main Street Capital updated its first quarter earnings guidance on Tuesday, April, 16th. The company provided EPS guidance of $1.04-$1.06 for the period, compared to the consensus earnings per share estimate of $1.02.
What is Dwayne Hyzak's approval rating as Main Street Capital's CEO?: 1 employees have rated Main Street Capital Chief Executive Officer Dwayne Hyzak on Glassdoor.com. Dwayne Hyzak has an approval rating of 100% among the company's employees. This puts Dwayne Hyzak in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Main Street Capital own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Main Street Capital investors own include AT&T (T), Enterprise Products Partners (EPD), Altria Group (MO), Realty Income (O), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Coca-Cola (KO) and Two Harbors Investment (TWO).
Who are Main Street Capital's major shareholders?: Main Street Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (0.42%), Sanders Morris Harris LLC (0.25%), Confluence Investment Management LLC (0.15%), Wealth Enhancement Advisory Services LLC (0.05%), D.B. Root & Company LLC (0.04%) and Register Financial Advisors LLC (0.00%). Insiders that own company stock include David L Magdol, Dwayne L Hyzak, Jason B Beauvais, John Earl Jackson, Nicholas Meserve and Vincent D Foster.
View institutional ownership trends.
How do I buy shares of Main Street Capital?: Shares of MAIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MAIN) was last updated on 4/18/2024 by MarketBeat.com Staff

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