Q1 EPS Estimate for Main Street Capital Increased by Analyst

Main Street Capital Co. (NYSE:MAIN - Free Report) - B. Riley boosted their Q1 2025 earnings per share (EPS) estimates for Main Street Capital in a report issued on Monday, November 11th. B. Riley analyst B. Rowe now expects that the financial services provider will post earnings per share of $0.99 for the quarter, up from their prior estimate of $0.97. B. Riley has a "Neutral" rating and a $51.00 price target on the stock. The consensus estimate for Main Street Capital's current full-year earnings is $4.12 per share. B. Riley also issued estimates for Main Street Capital's Q2 2025 earnings at $1.02 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.04 EPS and FY2025 earnings at $4.03 EPS.

A number of other research analysts have also recently commented on MAIN. Royal Bank of Canada reiterated an "outperform" rating and issued a $52.00 price objective on shares of Main Street Capital in a report on Wednesday, August 14th. Oppenheimer upped their price target on Main Street Capital from $43.00 to $44.00 and gave the company a "market perform" rating in a research note on Tuesday, August 13th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $48.80.

Main Street Capital Trading Down 0.1 %

Main Street Capital stock traded down $0.04 during midday trading on Wednesday, hitting $52.23. 531,286 shares of the stock were exchanged, compared to its average volume of 364,227. The company has a current ratio of 0.08, a quick ratio of 0.07 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 9.46 and a beta of 1.29. The stock's 50-day simple moving average is $50.72 and its 200 day simple moving average is $50.09. Main Street Capital has a fifty-two week low of $40.51 and a fifty-two week high of $52.89.

Main Street Capital Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, March 7th will be issued a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Main Street Capital's previous monthly dividend of $0.25. Main Street Capital's payout ratio is currently 53.26%.

Hedge Funds Weigh In On Main Street Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of MAIN. Callahan Advisors LLC raised its stake in shares of Main Street Capital by 1.3% in the second quarter. Callahan Advisors LLC now owns 15,429 shares of the financial services provider's stock valued at $779,000 after acquiring an additional 200 shares in the last quarter. PFG Investments LLC boosted its stake in shares of Main Street Capital by 1.8% in the 2nd quarter. PFG Investments LLC now owns 12,557 shares of the financial services provider's stock valued at $634,000 after buying an additional 227 shares during the period. CAP Partners LLC grew its position in shares of Main Street Capital by 6.4% during the third quarter. CAP Partners LLC now owns 4,290 shares of the financial services provider's stock worth $215,000 after buying an additional 258 shares in the last quarter. Segment Wealth Management LLC increased its stake in shares of Main Street Capital by 0.7% during the third quarter. Segment Wealth Management LLC now owns 43,512 shares of the financial services provider's stock worth $2,182,000 after buying an additional 287 shares during the period. Finally, Harbour Investments Inc. raised its holdings in Main Street Capital by 13.5% in the second quarter. Harbour Investments Inc. now owns 2,868 shares of the financial services provider's stock valued at $145,000 after acquiring an additional 342 shares in the last quarter. 20.31% of the stock is currently owned by hedge funds and other institutional investors.

About Main Street Capital

Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth.