Main Street Capital - MAIN Stock Forecast, Price & News

5 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 1 buy rating 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.
View MAIN analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12 month price targets for Main Street Capital's shares. Their MAIN share price forecasts range from $37.00 to $48.00. On average, they expect the company's stock price to reach $42.80 in the next twelve months. This suggests a possible upside of 17.5% 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 $44.86 at the start of the year. Since then, MAIN shares have decreased by 18.8% and is now trading at $36.42.
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Main Street Capital saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,750,000 shares, a drop of 9.3% from the August 15th total of 1,930,000 shares. Based on an average daily volume of 388,300 shares, the short-interest ratio is currently 4.5 days.
View Main Street Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MAIN earnings forecast.

Main Street Capital Co. (NYSE:MAIN) announced its quarterly earnings data on Thursday, November, 4th. The financial services provider reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates 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 11.67% and a net margin of 79.82%. During the same quarter last year, the business posted $0.46 EPS.

Main Street Capital announced a monthly dividend on Monday, August 1st. Stockholders of record on Friday, October 7th will be paid a dividend of $0.10 per share on Friday, October 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Thursday, October 6th. 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 $2.58 per share and currently has a dividend yield of 7.08%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 70.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, MAIN will have a dividend payout ratio of 81.39% 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 number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.43%), Burgundy Asset Management Ltd. (2.37%), Van ECK Associates Corp (0.96%), Legal & General Group Plc (0.58%), Sound Income Strategies LLC (0.52%) and Childress Capital Advisors LLC (0.45%). 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.
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.
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One share of MAIN stock can currently be purchased for approximately $36.42.

Main Street Capital (NYSE:MAIN) has a market capitalization of $2.66 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 $3.67 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.