Main Street Capital (MAIN) Set to Announce Earnings on Thursday

Main Street Capital (NYSE:MAIN) is scheduled to be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Main Street Capital (NYSE:MAIN) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.01 EPS for the quarter, meeting analysts’ consensus estimates of $1.01. Main Street Capital had a net margin of 87.58% and a return on equity of 14.06%. The business had revenue of $132.15 million for the quarter, compared to analyst estimates of $132.62 million. During the same quarter last year, the business earned $1.06 earnings per share. On average, analysts expect Main Street Capital to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Main Street Capital Price Performance

NYSE MAIN opened at $51.57 on Thursday. Main Street Capital has a 12 month low of $37.83 and a 12 month high of $52.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a market capitalization of $4.42 billion, a PE ratio of 9.41 and a beta of 1.30. The company’s 50 day simple moving average is $50.31 and its 200 day simple moving average is $49.84.

Main Street Capital Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.30 per share. The ex-dividend date was Friday, September 20th. This represents a dividend yield of 7.66%. Main Street Capital’s dividend payout ratio is presently 53.65%.

Wall Street Analyst Weigh In

MAIN has been the subject of a number of research reports. Royal Bank of Canada restated an “outperform” rating and set a $52.00 target price on shares of Main Street Capital in a report 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 report on Tuesday, August 13th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Main Street Capital has a consensus rating of “Hold” and an average target price of $48.40.

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.