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NYSE:MAINMain Street Capital Stock Price, Forecast & News

$30.35
-0.54 (-1.75 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$30.03
Now: $30.35
$31.00
50-Day Range
$17.34
MA: $24.92
$31.65
52-Week Range
$14.11
Now: $30.35
$45.10
Volume305,323 shs
Average Volume639,311 shs
Market Capitalization$1.97 billion
P/E RatioN/A
Dividend Yield8.11%
Beta1.46
Main Street Capital Corporation is a business development company specializing in long- term equity and debt investments in small and lower middle market companies. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, manufacturing, media, materials, telecommunication services, and utilities sectors. It does not seek to invest in start-up companies or companies with speculative business plans. It seeks to invest in traditional or basic businesses. The firm primarily invests in companies based in the Southern, South Central, and Southwestern regions of the United States but also considers other domestic investment opportunities. It typically invests between $2 million and $75 million in equity and $5 million to $50 million in debt, revenue between $10 million and $150 million, enterprise value between $3 million and $50 million, and EBITDA between $1 million and $20 million. The firm seeks to charge a fixed interest rate between 12 percent and 14 percent, payable in cash, in case of its mezzanine loan investments. The firm typically invests in the form of term debt with equity participation and/or direct equity investments. It prefers to maintain fully diluted minority and majority equity positions in its portfolio companies of 5 percent to 50 percent, and may have controlling interests in some instances. The firm also co-invests with other investment firms. It seeks to exit its debt investments through the repayment of the investment from internally generated cash flow and/or refinancing within a period of three to seven years. It participates in warrants, PIK (Payment in Kind) interest, convertible securities, junior secured or unsecured, senior secured debt, unitranche debt, equity related, common equity, and preferred equity. Main Street Capital Corporation was incorporated on March 9, 2007 and is based at Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.09 out of 5 stars


Industry, Sector and Symbol

Industry Eating places
Sub-IndustryAsset Management & Custody Banks
SectorFinance
CUSIP56035L10
Phone713-350-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$243.37 million
Cash Flow$2.54 per share
Book Value$20.59 per share

Profitability

Net Income$129.57 million

Miscellaneous

Employees66
Market Cap$1.97 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Main Street Capital (NYSE:MAIN) Frequently Asked Questions

How has Main Street Capital's stock been impacted by COVID-19 (Coronavirus)?

Main Street Capital's stock was trading at $31.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MAIN shares have decreased by 3.1% and is now trading at $30.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Main Street Capital?

5 Wall Street 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, resulting in a consensus recommendation of "Hold." View analyst ratings for Main Street Capital.

When is Main Street Capital's next earnings date?

Main Street Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Main Street Capital.

How were Main Street Capital's earnings last quarter?

Main Street Capital Co. (NYSE:MAIN) posted its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.03. The financial services provider earned $56.15 million during the quarter, compared to analysts' expectations of $55.77 million. Main Street Capital had a negative net margin of 34.96% and a positive return on equity of 10.42%. The firm's revenue was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.64 earnings per share. View Main Street Capital's earnings history.

How often does Main Street Capital pay dividends? What is the dividend yield for Main Street Capital?

Main Street Capital announced a monthly dividend on Thursday, May 7th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.205 per share on Tuesday, September 15th. This represents a $2.46 annualized dividend and a dividend yield of 8.11%. The ex-dividend date is Tuesday, August 18th. View Main Street Capital's dividend history.

What guidance has Main Street Capital issued on next quarter's earnings?

Main Street Capital updated its first quarter earnings guidance on Wednesday, April, 15th. The company provided earnings per share guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus estimate of $0.57.

What price target have analysts set for MAIN?

5 brokers have issued twelve-month price targets for Main Street Capital's stock. Their forecasts range from $24.00 to $44.00. On average, they anticipate Main Street Capital's stock price to reach $34.75 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts' price targets for Main Street Capital.

Has Main Street Capital been receiving favorable news coverage?

Media headlines about MAIN stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Main Street Capital earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutMain Street Capital.

Are investors shorting Main Street Capital?

Main Street Capital saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,190,000 shares, an increase of 17.0% from the April 15th total of 3,580,000 shares. Based on an average daily volume of 965,100 shares, the days-to-cover ratio is currently 4.3 days. Approximately 6.9% of the shares of the company are short sold. View Main Street Capital's Current Options Chain.

Who are some of Main Street Capital's key competitors?

What other stocks do shareholders of Main Street Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Main Street Capital investors own include AT&T (T), Altria Group (MO), Enterprise Products Partners (EPD), Realty Income (O), Two Harbors Investment (TWO), Coca-Cola (KO), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Verizon Communications (VZ) and Bank of America (BAC).

Who are Main Street Capital's key executives?

Main Street Capital's management team includes the following people:
  • Mr. Vincent D. Foster, Exec. Chairman (Age 62)
  • Mr. Dwayne Louis Hyzak CPA, CEO, Sr. MD & Director (Age 46)
  • Mr. David L. Magdol, Pres, Chief Investment Officer & Sr. MD (Age 48)
  • Mr. Brent D. Smith, CFO & Treasurer (Age 44)
  • Mr. Jason B. Beauvais J.D., Sr. VP, Gen. Counsel, Chief Compliance Officer & Sec. (Age 43)

What is Main Street Capital's stock symbol?

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

Who are Main Street Capital's major shareholders?

Main Street Capital's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (1.21%), Sumitomo Mitsui Trust Holdings Inc. (0.79%), Muzinich & Co. Inc. (0.78%), McGowan Group Asset Management Inc. (0.60%), Van ECK Associates Corp (0.57%) and JPMorgan Chase & Co. (0.56%). Company insiders that own Main Street Capital stock include Arthur L French, David L Magdol, Dwayne L Hyzak, Jason B Beauvais, Jesse E Morris, Nicholas Meserve and Vincent D Foster. View institutional ownership trends for Main Street Capital.

Which major investors are selling Main Street Capital stock?

MAIN stock was sold by a variety of institutional investors in the last quarter, including M&T Bank Corp, UBS Group AG, Accurate Investment Solutions Inc., Muzinich & Co. Inc., Confluence Investment Management LLC, Van ECK Associates Corp, Hamilton Point Investment Advisors LLC, and McGowan Group Asset Management Inc.. View insider buying and selling activity for Main Street Capital.

Which major investors are buying Main Street Capital stock?

MAIN stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., JPMorgan Chase & Co., Sound Income Strategies LLC, Citigroup Inc., IHT Wealth Management LLC, Aurora Private Wealth Inc., Radcliffe Capital Management L.P., and Caxton Associates LP. Company insiders that have bought Main Street Capital stock in the last two years include Arthur L French, David L Magdol, Dwayne L Hyzak, Jason B Beauvais, Jesse E Morris, Nicholas Meserve, and Vincent D Foster. View insider buying and selling activity for Main Street Capital.

How do I buy shares of Main Street Capital?

Shares of MAIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Main Street Capital's stock price today?

One share of MAIN stock can currently be purchased for approximately $30.35.

How big of a company is Main Street Capital?

Main Street Capital has a market capitalization of $1.97 billion and generates $243.37 million in revenue each year. The financial services provider earns $129.57 million in net income (profit) each year or $2.50 on an earnings per share basis. Main Street Capital employs 66 workers across the globe.

What is Main Street Capital's official website?

The official website for Main Street Capital is www.mainstcapital.com.

How can I contact Main Street Capital?

Main Street Capital's mailing address is 1300 POST OAK BOULEVARD 8TH FLOOR SUITE 800, HOUSTON TX, 77056. The financial services provider can be reached via phone at 713-350-6000 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff

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