Main Street Capital (NYSE:MAIN) Upgraded at B. Riley

B. Riley upgraded shares of Main Street Capital (NYSE:MAIN) to a hold rating in a research report report published on Monday,Zacks.com reports. B. Riley also issued estimates for Main Street Capital’s Q1 2026 earnings at $0.97 EPS, Q2 2026 earnings at $0.96 EPS, Q3 2026 earnings at $0.95 EPS, Q4 2026 earnings at $0.94 EPS and FY2026 earnings at $3.81 EPS.

Several other research analysts have also commented on the stock. Oppenheimer restated a “market perform” rating on shares of Main Street Capital in a research note on Tuesday, May 13th. UBS Group cut their price target on shares of Main Street Capital from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Truist Financial dropped their target price on shares of Main Street Capital from $62.00 to $54.00 and set a “hold” rating for the company in a research note on Monday, May 12th. Finally, Wall Street Zen cut shares of Main Street Capital from a “hold” rating to a “sell” rating in a research report on Saturday, May 31st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, Main Street Capital presently has an average rating of “Hold” and an average price target of $52.80.

Main Street Capital Stock Performance

Shares of MAIN stock opened at $58.46 on Monday. Main Street Capital has a 12 month low of $45.00 and a 12 month high of $63.32. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $5.20 billion, a P/E ratio of 9.93 and a beta of 0.82. The company’s fifty day moving average price is $55.00 and its two-hundred day moving average price is $57.01.

Main Street Capital (NYSE:MAIN) last announced its quarterly earnings data on Thursday, May 8th. The financial services provider reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.01. Main Street Capital had a net margin of 94.61% and a return on equity of 13.02%. The business had revenue of $137.05 million during the quarter, compared to the consensus estimate of $137.50 million. On average, research analysts anticipate that Main Street Capital will post 4.11 earnings per share for the current fiscal year.

Main Street Capital Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Monday, June 23rd will be given a dividend of $0.30 per share. This represents a dividend yield of 7.26%. This is an increase from Main Street Capital’s previous dividend of $0.25. The ex-dividend date is Friday, June 20th. Main Street Capital’s dividend payout ratio (DPR) is presently 50.93%.

Insider Activity at Main Street Capital

In other Main Street Capital news, insider David L. Magdol sold 100,000 shares of the stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total transaction of $5,805,000.00. Following the completion of the transaction, the insider now directly owns 377,182 shares of the company’s stock, valued at approximately $21,895,415.10. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Dwayne L. Hyzak sold 120,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total value of $6,966,000.00. Following the completion of the transaction, the chief executive officer now directly owns 402,371 shares of the company’s stock, valued at $23,357,636.55. The trade was a 22.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in shares of Main Street Capital in the 4th quarter worth approximately $304,000. Empowered Funds LLC bought a new stake in Main Street Capital during the fourth quarter worth approximately $567,000. Strategic Financial Concepts LLC purchased a new stake in shares of Main Street Capital in the fourth quarter valued at approximately $420,000. Private Advisor Group LLC lifted its holdings in Main Street Capital by 9.5% during the fourth quarter. Private Advisor Group LLC now owns 146,954 shares of the financial services provider’s stock worth $8,609,000 after buying an additional 12,729 shares during the period. Finally, Sigma Planning Corp increased its position in shares of Main Street Capital by 10.8% during the fourth quarter. Sigma Planning Corp now owns 44,706 shares of the financial services provider’s stock worth $2,619,000 after purchasing an additional 4,342 shares in the last quarter. Hedge funds and other institutional investors own 20.31% of the company’s stock.

Main Street Capital Company Profile

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth.