Main Street Capital (NYSE:MAIN - Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.070-1.090 for the period, compared to the consensus estimate of 1.030. The company issued revenue guidance of -. Main Street Capital also updated its Q4 guidance to $1.01-$1.03 EPS.
Analysts Set New Price Targets
Separately, B. Riley boosted their target price on shares of Main Street Capital from $49.00 to $51.00 and gave the company a "neutral" rating in a report on Monday, November 11th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $48.80.
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Main Street Capital Stock Up 2.0 %
MAIN stock traded up $1.20 on Thursday, reaching $60.44. 496,286 shares of the company traded hands, compared to its average volume of 522,522. The firm has a fifty day simple moving average of $55.87 and a 200-day simple moving average of $52.29. The company has a market cap of $5.33 billion, a P/E ratio of 10.95 and a beta of 1.28. Main Street Capital has a one year low of $43.48 and a one year high of $60.53. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08.
Main Street Capital Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a $0.30 dividend. This represents a $3.60 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Friday, February 7th. Main Street Capital's dividend payout ratio is presently 54.35%.
Main Street Capital Company Profile
(
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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.
Further Reading
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