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 year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MAIN shares.
View MAIN analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued twelve-month price objectives for Main Street Capital's stock. Their MAIN share price forecasts range from $40.00 to $47.00. On average, they anticipate the company's stock price to reach $43.67 in the next year. This suggests a possible upside of 6.8% 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 the year. Since then, MAIN stock has increased by 10.6% and is now trading at $40.87.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MAIN earnings forecast.

Main Street Capital Co. (NYSE:MAIN) issued its quarterly earnings results on Thursday, August, 3rd. The financial services provider reported $1.06 earnings per share for the quarter, meeting analysts' consensus estimates of $1.06. The financial services provider earned $127.58 million during the quarter, compared to analyst estimates of $120.03 million. Main Street Capital had a trailing twelve-month return on equity of 14.33% and a net margin of 75.58%.

Main Street Capital announced a dividend on Monday, September 18th. Investors of record on Wednesday, September 20th will be paid a dividend of $0.275 per share on Wednesday, September 27th. This represents a dividend yield of 8.47%. The ex-dividend date is Tuesday, September 19th. This is an increase from the stock's previous dividend of $0.23.
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 (NYSE:MAIN) pays an annual dividend of $2.76 per share and currently has a dividend yield of 6.82%. 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 62.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MAIN will have a dividend payout ratio of 71.13% 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 second quarter 2023 earnings guidance on Tuesday, July, 18th. The company provided EPS guidance of $1.11-$1.13 for the period, compared to the consensus EPS estimate of $0.99. 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 number of retail and institutional investors. Top institutional investors include Burgundy Asset Management Ltd. (1.21%), Van ECK Associates Corp (0.89%), BlackRock Inc. (0.50%), Sound Income Strategies LLC (0.43%), LPL Financial LLC (0.30%) and Osaic Holdings Inc. (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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of MAIN stock can currently be purchased for approximately $40.87.

Main Street Capital (NYSE:MAIN) has a market capitalization of $3.37 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 $4.43 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.