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

Main Street Capital (NYSE:MAIN - Get Free Report) was upgraded by B. Riley to a "hold" rating in a research report issued on Monday,Zacks.com reports. B. Riley also issued estimates for Main Street Capital's Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.99 EPS, FY2025 earnings at $4.00 EPS, 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.

MAIN has been the topic of a number of other reports. Oppenheimer reiterated a "market perform" rating on shares of Main Street Capital in a report on Tuesday, May 13th. UBS Group cut their target price on Main Street Capital from $55.00 to $54.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Wall Street Zen cut Main Street Capital from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Finally, Truist Financial cut their target price on Main Street Capital from $62.00 to $54.00 and set a "hold" rating on the stock in a report on Monday, May 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $52.80.

Main Street Capital Trading Down 0.7%

Shares of Main Street Capital stock traded down $0.41 on Monday, reaching $58.10. 585,155 shares of the company's stock were exchanged, compared to its average volume of 471,823. Main Street Capital has a 52 week low of $45.00 and a 52 week high of $63.32. The firm's 50-day moving average is $55.27 and its two-hundred day moving average is $57.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.10 and a current ratio of 0.10. The company has a market capitalization of $5.17 billion, a P/E ratio of 9.86 and a beta of 0.82.

Main Street Capital (NYSE:MAIN - Get Free Report) last issued its earnings results on Thursday, May 8th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. Main Street Capital had a return on equity of 13.02% and a net margin of 94.61%. The company had revenue of $137.05 million for the quarter, compared to analysts' expectations of $137.50 million. Sell-side analysts predict that Main Street Capital will post 4.11 EPS for the current fiscal year.

Insider Buying and Selling at Main Street Capital

In other news, 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 transaction of $6,966,000.00. Following the completion of the sale, the chief executive officer now directly owns 402,371 shares of the company's stock, valued at $23,357,636.55. This trade represents a 22.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider David L. Magdol sold 100,000 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $58.05, for a total value of $5,805,000.00. Following the sale, 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 disclosure for this sale can be found here. Company insiders own 4.00% of the company's stock.

Institutional Investors Weigh In On Main Street Capital

Several large investors have recently made changes to their positions in the business. Burgundy Asset Management Ltd. increased its position in shares of Main Street Capital by 1.5% during the 4th quarter. Burgundy Asset Management Ltd. now owns 1,153,600 shares of the financial services provider's stock valued at $67,578,000 after purchasing an additional 17,196 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Main Street Capital by 45,123.0% in the 1st quarter. Jones Financial Companies Lllp now owns 590,613 shares of the financial services provider's stock worth $33,405,000 after acquiring an additional 589,307 shares during the last quarter. Invesco Ltd. increased its holdings in Main Street Capital by 282.5% in the 1st quarter. Invesco Ltd. now owns 532,267 shares of the financial services provider's stock worth $30,105,000 after acquiring an additional 393,101 shares during the last quarter. Adell Harriman & Carpenter Inc. increased its holdings in Main Street Capital by 5.2% in the 1st quarter. Adell Harriman & Carpenter Inc. now owns 447,642 shares of the financial services provider's stock worth $25,319,000 after acquiring an additional 22,090 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Main Street Capital by 2.7% in the 1st quarter. LPL Financial LLC now owns 307,368 shares of the financial services provider's stock worth $17,385,000 after acquiring an additional 8,203 shares during the last quarter. 20.31% of the stock is owned by hedge funds and other institutional investors.

About Main Street Capital

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.