Main Street Capital (NYSE:MAIN - Get Free Report) updated its third quarter 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.050-1.070 for the period, compared to the consensus estimate of 1.020. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
MAIN has been the subject of a number of research analyst reports. Royal Bank of Canada reaffirmed an outperform rating and issued a $52.00 price target on shares of Main Street Capital in a research note on Wednesday, August 14th. Oppenheimer raised their target price on shares of Main Street Capital from $43.00 to $44.00 and gave the stock a market perform rating in a research report on Tuesday, August 13th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of Hold and a consensus price target of $48.40.
Check Out Our Latest Stock Report on Main Street Capital
Main Street Capital Stock Down 0.2 %
MAIN traded down $0.09 during trading on Tuesday, reaching $51.04. The stock had a trading volume of 335,099 shares, compared to its average volume of 363,941. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 9.33 and a beta of 1.30. The stock's 50 day moving average is $49.66 and its two-hundred day moving average is $49.49. Main Street Capital has a one year low of $37.70 and a one year high of $52.39.
Main Street Capital (NYSE:MAIN - Get Free Report) last issued its quarterly 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. Main Street Capital had a net margin of 87.58% and a return on equity of 14.06%. The company had revenue of $132.15 million during the quarter, compared to analyst estimates of $132.62 million. During the same period last year, the business earned $1.06 EPS. As a group, analysts expect that Main Street Capital will post 4.12 earnings per share for the current year.
Main Street Capital Announces Dividend
The business also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.30 dividend. The ex-dividend date was Friday, September 20th. This represents a dividend yield of 7.66%. Main Street Capital's payout ratio is currently 53.65%.
About Main Street Capital
(
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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.
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