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

6 Wall Street research 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 research 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 1-year price objectives for Main Street Capital's shares. Their MAIN share price forecasts range from $40.00 to $46.00. On average, they predict the company's share price to reach $42.67 in the next year. This suggests a possible upside of 5.3% from the stock's current price.
View analysts price targets for MAIN or view top-rated stocks among Wall Street analysts.

Main Street Capital's stock was trading at $36.95 at the beginning of 2023. Since then, MAIN shares have increased by 9.7% and is now trading at $40.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our MAIN earnings forecast.

Main Street Capital Co. (NYSE:MAIN) posted its quarterly earnings data on Thursday, November, 4th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.08. The financial services provider had revenue of $76.78 million for the quarter, compared to analysts' expectations of $67.78 million. Main Street Capital had a net margin of 61.28% and a trailing twelve-month return on equity of 13.49%. During the same period in the prior year, the firm earned $0.46 earnings per share.

Main Street Capital announced a monthly dividend on Friday, May 5th. Shareholders of record on Friday, September 8th will be given a dividend of $0.23 per share on Friday, September 15th. This represents a $2.76 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date is Thursday, September 7th.
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), Virtus Private Credit Strategy ETF (VPC) and AdvisorShares Alpha DNA Equity Sentiment ETF (SENT).Invesco Global Listed Private Equity ETF (PSP).

Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.70 per share and currently has a dividend yield of 6.68%. MAIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 81.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MAIN will have a dividend payout ratio of 70.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MAIN.

Main Street Capital issued an update on its first quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) guidance of $1.06-$1.08 for the period, compared to the consensus earnings per share estimate of $0.97. The company issued revenue guidance of -.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAIN."

Main Street Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.26%), Burgundy Asset Management Ltd. (1.57%), Van ECK Associates Corp (0.84%), BlackRock Inc. (0.54%), Sound Income Strategies LLC (0.43%) and LPL Financial LLC (0.28%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MAIN stock can currently be purchased for approximately $40.52.

Main Street Capital (NYSE:MAIN) has a market capitalization of $3.26 billion and generates $376.86 million in revenue each year. The financial services provider earns $241.61 million in net income (profit) each year or $3.31 on an earnings per share basis.

Main Street Capital's mailing address is 1300 POST OAK BOULEVARD 8TH FLOOR SUITE 800, HOUSTON TX, 77056. The official website for the company is www.mainstcapital.com. The financial services provider can be reached via phone at (713) 350-6000, via email at ken@dennardlascar.com, or via fax at 713-350-6042.