Main Street Capital Co. (NYSE:MAIN – Free Report) – Investment analysts at B. Riley raised their Q1 2025 earnings per share (EPS) estimates for Main Street Capital in a research note issued to investors on Monday, November 11th. B. Riley analyst B. Rowe now forecasts that the financial services provider will post earnings of $0.99 per share for the quarter, up from their previous forecast of $0.97. B. Riley currently has a “Neutral” rating and a $51.00 price objective on the stock. The consensus estimate for Main Street Capital’s current full-year earnings is $4.12 per share. B. Riley also issued estimates for Main Street Capital’s Q2 2025 earnings at $1.02 EPS, Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.04 EPS and FY2025 earnings at $4.03 EPS.
A number of other research firms have also weighed in on MAIN. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 target price on shares of Main Street Capital in a research note on Wednesday, August 14th. Oppenheimer raised their price target on shares of Main Street Capital from $43.00 to $44.00 and gave the stock a “market perform” rating in a research note 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.com, the stock presently has an average rating of “Hold” and a consensus target price of $48.80.
Main Street Capital Price Performance
Shares of MAIN stock opened at $52.23 on Wednesday. The stock has a 50 day moving average price of $50.72 and a 200 day moving average price of $50.09. Main Street Capital has a 52-week low of $40.51 and a 52-week high of $52.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.07 and a current ratio of 0.08. The firm has a market capitalization of $4.61 billion, a P/E ratio of 9.46 and a beta of 1.29.
Main Street Capital Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, March 7th will be issued a $0.25 dividend. This represents a $3.00 annualized dividend and a dividend yield of 5.74%. This is a boost from Main Street Capital’s previous monthly dividend of $0.25. The ex-dividend date of this dividend is Friday, March 7th. Main Street Capital’s dividend payout ratio is currently 53.26%.
Hedge Funds Weigh In On Main Street Capital
Hedge funds and other institutional investors have recently made changes to their positions in the company. Marietta Wealth Management LLC purchased a new stake in Main Street Capital during the second quarter worth $581,000. Freestone Capital Holdings LLC bought a new stake in Main Street Capital during the first quarter valued at about $568,000. Cetera Advisors LLC grew its stake in Main Street Capital by 49.0% in the first quarter. Cetera Advisors LLC now owns 34,878 shares of the financial services provider’s stock valued at $1,650,000 after purchasing an additional 11,464 shares during the last quarter. Susquehanna Fundamental Investments LLC grew its stake in Main Street Capital by 238.5% in the second quarter. Susquehanna Fundamental Investments LLC now owns 34,020 shares of the financial services provider’s stock valued at $1,718,000 after purchasing an additional 23,970 shares during the last quarter. Finally, Entropy Technologies LP purchased a new stake in shares of Main Street Capital during the first quarter valued at about $549,000. Institutional investors own 20.31% of the company’s stock.
About 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.
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