Main Street Capital (NYSE:MAIN) Issues Q1 2025 Earnings Guidance

Main Street Capital (NYSE:MAIN - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.060-1.080 for the period, compared to the consensus estimate of 1.010. The company issued revenue guidance of -.

Main Street Capital Stock Performance

Shares of NYSE:MAIN traded up $0.47 during trading on Friday, reaching $53.22. 605,245 shares of the company's stock traded hands, compared to its average volume of 440,117. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08. The company has a 50 day moving average of $56.97 and a 200-day moving average of $56.03. Main Street Capital has a 12 month low of $45.00 and a 12 month high of $63.32. The stock has a market capitalization of $4.71 billion, a P/E ratio of 9.64 and a beta of 0.98.

Main Street Capital (NYSE:MAIN - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.08 by ($0.06). Main Street Capital had a net margin of 89.25% and a return on equity of 13.83%. The company had revenue of $140.44 million for the quarter, compared to analyst estimates of $141.40 million. On average, equities analysts expect that Main Street Capital will post 4.11 EPS for the current year.

Main Street Capital Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 21st were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 7.11%. This is a positive change from Main Street Capital's previous dividend of $0.25. Main Street Capital's dividend payout ratio (DPR) is presently 51.37%.

Analysts Set New Price Targets

Several analysts recently commented on MAIN shares. Truist Financial raised their target price on Main Street Capital from $52.00 to $62.00 and gave the company a "hold" rating in a research report on Monday, March 3rd. UBS Group dropped their target price on Main Street Capital from $55.00 to $54.00 and set a "neutral" rating on the stock in a report on Thursday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $52.60.

Insider Activity at Main Street Capital

In other Main Street Capital news, insider David L. Magdol sold 100,000 shares of Main Street Capital stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total transaction of $5,805,000.00. Following the transaction, the insider now owns 377,182 shares of the company's stock, valued at $21,895,415.10. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Dwayne L. Hyzak sold 120,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total transaction of $6,966,000.00. Following the completion of the sale, the chief executive officer now owns 402,371 shares of the company's stock, valued at approximately $23,357,636.55. The trade was a 22.97 % decrease in their position. The disclosure for this sale can be found here. 4.09% of the stock is currently owned by corporate insiders.

Institutional Trading of Main Street Capital

An institutional investor recently bought a new position in Main Street Capital stock. Brighton Jones LLC bought a new position in shares of Main Street Capital Co. (NYSE:MAIN - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,185 shares of the financial services provider's stock, valued at approximately $304,000. Hedge funds and other institutional investors own 20.31% of the company's stock.

Main Street Capital Company Profile

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.