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NYSE:MAIN

Main Street Capital (MAIN) Stock Price, News & Analysis

Main Street Capital logo
$51.32
-0.24 (-0.47%)
(As of 10/31/2024 ET)

About Main Street Capital Stock (NYSE:MAIN)

Key Stats

Today's Range
$51.07
$51.65
50-Day Range
$48.65
$52.59
52-Week Range
$37.83
$52.62
Volume
244,588 shs
Average Volume
359,915 shs
Market Capitalization
$4.47 billion
P/E Ratio
9.59
Dividend Yield
5.73%
Price Target
$48.40
Consensus Rating
Hold

Company Overview

Main Street Capital Corporation has operated as a business development company for over a decade, providing valuable equity and debt capital to many lower-middle market companies. The company has established a reputation for its commitment to providing one-stop financing solutions that help entrepreneurs, business owners and management teams achieve their financial goals.

MSCC, headquartered in Houston, Texas, has an additional office in Chojnów, Poland. Its global reach allows the company to tap into a broad range of investment opportunities, and the company has a well-deserved reputation for identifying the most promising businesses.

MSCC's strong financial performance is a testament to its investment strategy. The company has consistently generated significant returns for its investors, and its net asset value per share has increased yearly. 

MSCC's financial performance drives a range of factors, including its ability to identify promising investment opportunities, its strong relationships with management teams and its ability to provide comprehensive financing solutions that meet each business's unique needs.

The company strongly focuses on ensuring its investments are well-diversified, with various assets across different industries and geographies. This strategy helps mitigate risk and ensure the company is well-positioned to weather economic challenges.

In addition to its strong financial performance, MSCC is committed to corporate social responsibility. The company has a range of initiatives focused on environmental, social and governance issues and is committed to positively impacting the communities in which it operates.

Main Street Capital Corporation is a well-respected and successful business development company committed to providing valuable financing solutions to lower-middle market companies.

Main Street Capital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
28th Percentile Overall Score

MAIN MarketRank™: 

Main Street Capital scored higher than 28% of companies evaluated by MarketBeat, and ranked 830th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Main Street Capital has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Main Street Capital has only been the subject of 2 research reports in the past 90 days.

  • Read more about Main Street Capital's stock forecast and price target.
  • Earnings Growth

    Earnings for Main Street Capital are expected to decrease by -5.10% in the coming year, from $4.12 to $3.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Main Street Capital is 9.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Main Street Capital is 9.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.69.

  • Price to Book Value per Share Ratio

    Main Street Capital has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Main Street Capital's valuation and earnings.
  • Percentage of Shares Shorted

    4.48% of the outstanding shares of Main Street Capital have been sold short.
  • Short Interest Ratio / Days to Cover

    Main Street Capital has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Main Street Capital has recently decreased by 6.25%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Main Street Capital is a leading dividend payer. It pays a dividend yield of 5.73%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Main Street Capital does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Main Street Capital is 54.95%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on EPS estimates, Main Street Capital will have a dividend payout ratio of 75.19% in the coming year. This indicates that Main Street Capital may not be able to sustain their current dividend.

  • Read more about Main Street Capital's dividend.
  • Percentage of Shares Shorted

    4.48% of the outstanding shares of Main Street Capital have been sold short.
  • Short Interest Ratio / Days to Cover

    Main Street Capital has a short interest ratio ("days to cover") of 10.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Main Street Capital has recently decreased by 6.25%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Main Street Capital has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Main Street Capital this week, compared to 7 articles on an average week.
  • Search Interest

    Only 97 people have searched for MAIN on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.
  • MarketBeat Follows

    30 people have added Main Street Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 173% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Main Street Capital insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.00% of the stock of Main Street Capital is held by insiders.

  • Percentage Held by Institutions

    Only 20.31% of the stock of Main Street Capital is held by institutions.

  • Read more about Main Street Capital's insider trading history.
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MAIN Stock News Headlines

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Main Street Capital: More Gains From This High-Yielder
Main Street Announces New Portfolio Investment
See More Headlines

MAIN Stock Analysis - Frequently Asked Questions

Main Street Capital's stock was trading at $43.23 at the beginning of 2024. Since then, MAIN shares have increased by 18.7% and is now trading at $51.3250.
View the best growth stocks for 2024 here
.

Main Street Capital Co. (NYSE:MAIN) announced its earnings results on Thursday, August, 8th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.01. The financial services provider earned $132.15 million during the quarter, compared to the consensus estimate of $132.62 million. Main Street Capital had a trailing twelve-month return on equity of 14.06% and a net margin of 87.58%.

Top institutional investors of Main Street Capital include Van ECK Associates Corp (1.39%), Adell Harriman & Carpenter Inc. (0.48%), Sound Income Strategies LLC (0.41%) and Sanders Morris Harris LLC (0.24%). Insiders that own company stock include Jason B Beauvais, Nicholas Meserve, John Earl Jackson, David L Magdol, Dwayne L Hyzak 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Main Street Capital investors own include JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Symbotic (SYM), Chevron (CVX), Bristol-Myers Squibb (BMY), Voya Infrastructure, Industrials and Materials Fund (IDE), Comcast (CMCSA) and Toronto-Dominion Bank (TD).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 9/27 Dividend
9/20/2024
Dividend Payable
9/27/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/07/2024
Ex-Dividend for 11/15 Dividend
11/08/2024
Dividend Payable
11/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Eating places
Sub-Industry
Asset Management & Custody Banks
CUSIP
56035L10
Employees
100
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$48.40
High Stock Price Target
$52.00
Low Stock Price Target
$44.00
Potential Upside/Downside
-6.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$428.45 million
Pretax Margin
92.98%

Debt

Sales & Book Value

Annual Sales
$540.18 million
Cash Flow
$4.05 per share
Book Value
$29.58 per share

Miscellaneous

Free Float
83,591,000
Market Cap
$4.42 billion
Optionable
Optionable
Beta
1.30

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This page (NYSE:MAIN) was last updated on 10/31/2024 by MarketBeat.com Staff
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