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NYSE:MAIN

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

Main Street Capital logo
$55.26 +0.10 (+0.18%)
(As of 12/11/2024 ET)

About Main Street Capital Stock (NYSE:MAIN)

Key Stats

Today's Range
$54.76
$55.32
50-Day Range
$49.95
$55.49
52-Week Range
$42.01
$55.85
Volume
255,931 shs
Average Volume
365,503 shs
Market Capitalization
$4.87 billion
P/E Ratio
10.01
Dividend Yield
5.32%
Price Target
$48.80
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
26th Percentile Overall Score

MAIN MarketRank™: 

Main Street Capital scored higher than 26% of companies evaluated by MarketBeat, and ranked 754th out of 947 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 1 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 -2.43% in the coming year, from $4.11 to $4.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Main Street Capital is 10.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Main Street Capital is 10.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.74.

  • Price to Book Value per Share Ratio

    Main Street Capital has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.06% 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 9.9.
  • Change versus previous month

    Short interest in Main Street Capital has recently increased by 0.56%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Main Street Capital is a leading dividend payer. It pays a dividend yield of 5.32%, 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 53.26%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Main Street Capital will have a dividend payout ratio of 73.32% next year. This indicates that Main Street Capital will be able to sustain or increase its dividend.

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

    4.06% 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 9.9.
  • Change versus previous month

    Short interest in Main Street Capital has recently increased by 0.56%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Main Street Capital has a news sentiment score of 0.88. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Main Street Capital this week, compared to 7 articles on an average week.
  • Search Interest

    127 people have searched for MAIN on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added Main Street Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 13% 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 3.99% 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

Vladimir Lenin was right…
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.
Main Street Capital snaps six straight days of gains
Main Street Announces Follow-On Investment
See More Headlines

MAIN Stock Analysis - Frequently Asked Questions

Main Street Capital's stock was trading at $43.23 at the beginning of the year. Since then, MAIN stock has increased by 27.8% and is now trading at $55.2550.
View the best growth stocks for 2024 here
.

Main Street Capital Co. (NYSE:MAIN) released its quarterly earnings results on Thursday, August, 8th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.01. The financial services provider earned $132.15 million during the quarter, compared to analysts' expectations of $132.62 million. Main Street Capital had a net margin of 89.25% and a trailing twelve-month return on equity of 13.83%.

Main Street Capital's top institutional shareholders include Van ECK Associates Corp (1.39%), Adell Harriman & Carpenter Inc. (0.48%), Sound Income Strategies LLC (0.41%) and Franklin Resources Inc. (0.25%). Insiders that own company stock include Jason B Beauvais, Nicholas Meserve, John Earl Jackson, David L Magdol, Vincent D Foster and Dwayne L Hyzak.
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
Today
12/11/2024
Ex-Dividend for 12/27 Dividend
12/20/2024
Dividend Payable
12/27/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 1/15 Dividend
1/08/2025
Dividend Payable
1/15/2025

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
$48.80
High Stock Price Target
$52.00
Low Stock Price Target
$44.00
Potential Upside/Downside
-11.7%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$428.45 million
Pretax Margin
95.48%

Debt

Sales & Book Value

Annual Sales
$567.16 million
Cash Flow
$4.09 per share
Book Value
$29.58 per share

Miscellaneous

Free Float
84,660,000
Market Cap
$4.87 billion
Optionable
Optionable
Beta
1.30

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This page (NYSE:MAIN) was last updated on 12/12/2024 by MarketBeat.com Staff
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