Main Street Capital - MAIN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Main Street Capital in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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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3 Wall Street research analysts have issued 12-month price targets 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 stock price to reach $42.00 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
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Main Street Capital's stock was trading at $44.86 at the start of the year. Since then, MAIN shares have decreased by 18.1% and is now trading at $36.72.
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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 Co. (NYSE:MAIN) announced its earnings results on Thursday, November, 3rd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.08. The financial services provider earned $98.39 million during the quarter, compared to analysts' expectations of $87.68 million. Main Street Capital had a trailing twelve-month return on equity of 11.91% and a net margin of 66.53%.

Main Street Capital declared a dividend on Tuesday, November 1st. Stockholders of record on Tuesday, December 20th will be paid a dividend of $0.10 per share on Wednesday, December 28th. The ex-dividend date of this dividend is Monday, December 19th. This is a positive change from the stock's previous dividend of $0.08.
Read our dividend analysis for MAIN.

Main Street Capital (NYSE:MAIN) pays an annual dividend of $2.64 per share and currently has a dividend yield of 7.19%. 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 82.76%. 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 72.73% 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 third quarter 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $0.87-$0.89 for the period, compared to the consensus EPS estimate of $0.76. 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 Price T Rowe Associates Inc. MD (3.94%), Burgundy Asset Management Ltd. (1.65%), Van ECK Associates Corp (0.81%), BlackRock Inc. (0.59%), Sound Income Strategies LLC (0.52%) and Sanders Morris Harris LLC (0.30%). 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 $36.72.

Main Street Capital (NYSE:MAIN) has a market capitalization of $2.84 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.