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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Main Street Capital in the last twelve months. 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.
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6 analysts have issued twelve-month price objectives for Main Street Capital's stock. Their MAIN share price targets range from $43.00 to $48.00. On average, they anticipate the company's share price to reach $45.50 in the next year. This suggests that the stock has a possible downside of 2.5%.
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Main Street Capital's stock was trading at $43.23 on January 1st, 2024. Since then, MAIN shares have increased by 8.0% and is now trading at $46.68.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MAIN earnings forecast.

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

Main Street Capital announced a dividend on Monday, March 18th. Stockholders of record on Wednesday, March 20th will be given 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 boost from the stock's previous dividend of $0.24.
Read our dividend analysis for MAIN.

Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.88 per share and currently has a dividend yield of 6.14%. 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.

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), WisdomTree Alternative Income Fund (HYIN) and Innovator IBD Breakout Opportunities ETF (BOUT).Invesco Global Listed Private Equity ETF (PSP).

Main Street Capital issued an update on 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 estimate of $1.02.

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.

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).

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%) and NBC Securities Inc. (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.
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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.
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