News articles about Main Street Capital (NYSE:MAIN) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Main Street Capital earned a news impact score of 0.12 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.0192385754409 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Main Street Capital (NYSE MAIN) opened at $40.42 on Friday. The stock has a market cap of $2,300.00, a PE ratio of 17.49 and a beta of 1.05. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.10 and a quick ratio of 0.10. Main Street Capital has a 12-month low of $35.25 and a 12-month high of $41.79.
Main Street Capital (NYSE:MAIN) last announced its earnings results on Thursday, November 2nd. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.03. The firm had revenue of $51.79 million during the quarter, compared to analyst estimates of $50.89 million. Main Street Capital had a net margin of 67.39% and a return on equity of 10.72%. Main Street Capital’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS. equities analysts forecast that Main Street Capital will post 2.33 earnings per share for the current fiscal year.
The business also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be given a $0.19 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $2.28 dividend on an annualized basis and a yield of 5.64%. Main Street Capital’s dividend payout ratio is presently 80.57%.
MAIN has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Main Street Capital from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Wednesday, November 8th. National Securities restated a “sell” rating and set a $33.00 price target on shares of Main Street Capital in a research report on Monday, November 6th. BidaskClub lowered shares of Main Street Capital from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. ValuEngine upgraded shares of Main Street Capital from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Raymond James Financial, Inc. upgraded shares of Main Street Capital from an “underperform” rating to a “market perform” rating in a research report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.15.
Main Street Capital Company Profile
Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.
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