Main Street Capital - MAIN Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Main Street Capital in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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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5 Wall Street research analysts have issued 1-year price targets for Main Street Capital's stock. Their MAIN share price forecasts range from $40.00 to $46.00. On average, they anticipate the company's share price to reach $41.60 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price.
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Main Street Capital's stock was trading at $36.95 at the beginning of 2023. Since then, MAIN stock has increased by 8.1% and is now trading at $39.95.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
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Main Street Capital will be holding an earnings conference call on Friday, February 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13735722#".

Main Street Capital Co. (NYSE:MAIN) released its quarterly earnings results on Thursday, November, 4th. The financial services provider reported $0.71 earnings per share 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 analyst estimates of $67.78 million. Main Street Capital had a trailing twelve-month return on equity of 11.91% and a net margin of 66.53%. During the same period in the previous year, the business posted $0.46 earnings per share.

Main Street Capital declared a monthly dividend on Tuesday, November 1st. Stockholders of record on Wednesday, February 8th will be given a dividend of $0.10 per share on Wednesday, February 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date is Tuesday, February 7th. This is an increase from the stock's previous monthly dividend of $0.08.
Read our dividend analysis for MAIN.

Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.70 per share and currently has a dividend yield of 6.73%. 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 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 84.64%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MAIN will have a dividend payout ratio of 75.42% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MAIN.

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 investors include Sound Income Strategies LLC (0.52%), Sanders Morris Harris LLC (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Mckinley Capital Management LLC Delaware (0.24%), Trinity Legacy Partners LLC (0.22%) and U.S. Capital Wealth Advisors LLC (0.17%). Insiders that own company stock include Arthur L French, David L Magdol, Dwayne L Hyzak, Jason B Beauvais, Jesse E Morris, 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 $39.95.

Main Street Capital (NYSE:MAIN) has a market capitalization of $3.09 billion and generates $289.05 million in revenue each year. The financial services provider earns $330.76 million in net income (profit) each year or $3.19 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.