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Main Street CapitalNYSE: MAIN

Profile

Country:

United States

IPO:

09 October 2007

Next earnings report:

21 February 2025

Last dividends:

08 November 2024

Next dividends:

07 March 2025
$4.69 B
0%vs. 3y high
77%vs. sector
-27%vs. 3y high
18%vs. sector
-9%vs. 3y high
69%vs. sector
-23%vs. 3y high
92%vs. sector

Price

after hours | Thu, 21 Nov 2024 00:53:16 GMT
$53.19-$0.07(-0.13%)
$151.47 M$141.40 M
$151.47 M$124.01 M

Analysts recommendations

Institutional Ownership

MAIN Latest News

Main Street Capital: One Of The Best Post-Trump Victory Blue Chips You Can Buy Today
seekingalpha.com12 November 2024 Sentiment: POSITIVE

Main Street Capital offers a compelling 6% yield with 80% return potential over five years, driven by economic growth, higher interest rates, and strategic liquidity management. Stronger-than-expected GDP growth in 2025, fueled by AI spending and small business optimism, could significantly boost MAIN's earnings and investment opportunities. MAIN's internally managed structure, high-quality loan portfolio, and ability to raise capital at a premium to NAV position it for robust long-term growth.

Two 8% Dividend Yields To Let The Compounding Do Its Magic
seekingalpha.com10 November 2024 Sentiment: POSITIVE

My strategy focuses on high-yield securities with stable income streams to reduce stress, ensure stable investment progress, and limit capital impairment risk. The Top 3 criteria for security selection are: investment-grade balance sheets, strong dividend coverage, and defensive, non-cyclical business models. The idea is to emphasize a buy-and-hold approach with deep analysis upfront to minimize portfolio churn and maximize compounding benefits.

Main Street Capital (MAIN) Q3 2024 Earnings Conference Call Transcript
seekingalpha.com08 November 2024 Sentiment: POSITIVE

Main Street Capital (NYSE:MAIN ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Zach Vaughan - IR, Dennard Lascar Associates LLC Dwayne Hyzak - CEO David Magdal - President and Chief Investment Officer Ryan Nelson - CFO Nick Meserve - MD and Head of Main Street's Private Credit Investment Group Conference Call Participants Bryce Rowe - B. Riley Securities Robert Dodd - Raymond James Mark Hughes - Truist Securities Operator Greetings, and welcome to the Main Street Capital Third Quarter Earnings Conference Call.

Main Street Capital's Q3 Earnings Miss, Expenses Increase Y/Y
zacks.com08 November 2024 Sentiment: POSITIVE

MAIN's Q3 2024 earnings miss estimates on an increased expense base. Yet, a rise in total investment income and strong portfolio performances are tailwinds.

MAIN STREET ANNOUNCES THIRD QUARTER 2024 RESULTS
prnewswire.com07 November 2024 Sentiment: POSITIVE

Third  Quarter 2024 Net Investment Income of $1.00 Per Share Third  Quarter 2024 Distributable Net Investment Income (1)  of $1.06 Per Share Net Asset Value of $30.57  Per Share HOUSTON , Nov. 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the third quarter ended September 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries.

Assessing Main Street's Preliminary Earnings For Q3 2024
seekingalpha.com07 November 2024 Sentiment: POSITIVE

MAIN had a largely expected quarter with minor NAV outperformance and slight NII underperformance due to lower loan origination volumes. MAIN's credit risk remains manageable with a slight increase in non-accrual loans, which was anticipated and typical for LMM investments. MAIN's valuation is currently high, trading at a 66% premium to NAV, making it less attractive compared to other sector peers.

Main Street Announces First Quarter 2025 Regular Monthly Dividends, Including a Monthly Dividend Increase, and Supplemental Dividend Payable in December 2024
prnewswire.com05 November 2024 Sentiment: POSITIVE

Regular Monthly Dividends of $0.25 Per Share for each of  January, February and March 2025 Monthly Dividends Represent a 2.0% Increase Compared to Fourth Quarter 2024 and a 4.2% Increase Compared to First Quarter 2024 Supplemental Dividend of $0.30 Per Share Payable in December 2024 HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, February and March 2025.  These monthly dividends, which will be payable pursuant to the table below, total $0.75 per share for the first quarter of 2025 and represent a 2.0% increase from the regular monthly dividends declared for the fourth quarter of 2024 and a 4.2% increase from the regular monthly dividends paid in the first quarter of 2024.

Exploring Analyst Estimates for Main Street Capital (MAIN) Q3 Earnings, Beyond Revenue and EPS
zacks.com04 November 2024 Sentiment: POSITIVE

Get a deeper insight into the potential performance of Main Street Capital (MAIN) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Main Street Capital (MAIN) Advances While Market Declines: Some Information for Investors
zacks.com30 October 2024 Sentiment: POSITIVE

The latest trading day saw Main Street Capital (MAIN) settling at $51.57, representing a +0.45% change from its previous close.

Main Street Capital: Best Suited To Navigate Changing Interest Rates (Upgrade)
seekingalpha.com18 October 2024 Sentiment: POSITIVE

Main Street Capital: Best Suited To Navigate Changing Interest Rates (Upgrade)

What type of business is 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. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations, and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation. The firm typically invests in lower middle market companies generally with annual revenues between $10 million and $150 million. It prefers to invest in ranging between $5 million and $100 million in equity investment and enterprise value in ranging between $3 million and $20 million. The firm typically prefers to invest in the range of $5 million and $150 million per transaction in debt investment value and in the range of $3 million and $75 million in annual EBITDA in between $3 million and $25 million in lower middle market $5 million and $75 million in credit solution. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It takes 5 percent minority and up to 50 percent majority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.

What sector is Main Street Capital in?

Main Street Capital is in the Financial Services sector

What industry is Main Street Capital in?

Main Street Capital is in the Asset Management industry

What country is Main Street Capital from?

Main Street Capital is headquartered in United States

When did Main Street Capital go public?

Main Street Capital initial public offering (IPO) was on 09 October 2007

What is Main Street Capital website?

https://www.mainstcapital.com

Is Main Street Capital in the S&P 500?

No, Main Street Capital is not included in the S&P 500 index

Is Main Street Capital in the NASDAQ 100?

No, Main Street Capital is not included in the NASDAQ 100 index

Is Main Street Capital in the Dow Jones?

No, Main Street Capital is not included in the Dow Jones index

When was Main Street Capital the previous earnings report?

No data

When does Main Street Capital earnings report?

The next expected earnings date for Main Street Capital is 21 February 2025