Main Street Capital (NYSE:MAIN - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.060-1.080 for the period, compared to the consensus EPS estimate of 1.010. The company issued revenue guidance of -.
Main Street Capital Stock Performance
Shares of MAIN traded down $1.61 during mid-day trading on Monday, reaching $51.69. The company's stock had a trading volume of 241,159 shares, compared to its average volume of 580,356. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.13. Main Street Capital has a 1-year low of $45.00 and a 1-year high of $63.31. The business has a 50-day simple moving average of $56.97 and a two-hundred day simple moving average of $56.11. The stock has a market cap of $4.58 billion, a P/E ratio of 9.36 and a beta of 0.98.
Main Street Capital (NYSE:MAIN - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.06). Main Street Capital had a net margin of 89.25% and a return on equity of 13.83%. The business had revenue of $140.44 million for the quarter, compared to analyst estimates of $141.40 million. As a group, equities 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 business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 21st were paid a $0.30 dividend. The ex-dividend date was Thursday, March 20th. This represents a yield of 7.11%. This is a positive change from Main Street Capital's previous dividend of $0.25. Main Street Capital's dividend payout ratio is 51.37%.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on MAIN. Truist Financial boosted their price objective on Main Street Capital from $52.00 to $62.00 and gave the stock a "hold" rating in a report on Monday, March 3rd. UBS Group decreased their price objective on Main Street Capital from $55.00 to $54.00 and set a "neutral" rating on the stock in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $52.60.
View Our Latest Research Report on MAIN
Insider Activity at Main Street Capital
In related news, insider David L. Magdol sold 100,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $58.05, for a total transaction of $5,805,000.00. Following the completion of the sale, the insider now owns 377,182 shares of the company's stock, valued at $21,895,415.10. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Dwayne L. Hyzak sold 120,000 shares of the business's stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of $58.05, for a total transaction of $6,966,000.00. Following the completion of the transaction, the chief executive officer now 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. 4.09% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Main Street Capital
An institutional investor recently bought a new position in Main Street Capital stock. Brighton Jones LLC acquired a new stake in shares of Main Street Capital Co. (NYSE:MAIN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,185 shares of the financial services provider's stock, valued at approximately $304,000. 20.31% of the stock is currently owned by institutional investors and hedge funds.
About Main Street Capital
(
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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.
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