Main Street Capital (NYSE:MAIN – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.940-0.980 for the period, compared to the consensus estimate of 0.940.
Main Street Capital Stock Down 0.5%
MAIN stock opened at $53.52 on Thursday. Main Street Capital has a twelve month low of $48.95 and a twelve month high of $65.23. The company has a market cap of $5.00 billion, a PE ratio of 13.58 and a beta of 0.74. The business’s 50-day simple moving average is $56.74 and its 200 day simple moving average is $54.22. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.11.
Main Street Capital (NYSE:MAIN – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. The firm had revenue of $327.56 million during the quarter, compared to analysts’ expectations of $144.59 million. Main Street Capital had a return on equity of 11.80% and a net margin of 78.49%. On average, research analysts anticipate that Main Street Capital will post 3.77 earnings per share for the current year.
Main Street Capital Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 8th will be given a dividend of $0.2650 per share. The ex-dividend date is Tuesday, December 8th. This represents a $3.18 dividend on an annualized basis and a dividend yield of 5.9%. Main Street Capital’s payout ratio is currently 64.11%.
Analyst Ratings Changes
MAIN has been the subject of several research reports. Truist Financial raised their target price on Main Street Capital from $53.00 to $57.00 and gave the stock a “hold” rating in a research report on Monday, August 10th. Wall Street Zen downgraded shares of Main Street Capital from a “hold” rating to a “sell” rating in a research note on Sunday. Wells Fargo & Company raised shares of Main Street Capital from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $55.00 to $60.00 in a report on Tuesday, September 29th. Zacks Research upgraded shares of Main Street Capital from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Weiss Ratings raised shares of Main Street Capital from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, September 3rd. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $61.00.
View Our Latest Stock Report on Main Street Capital
Insider Buying and Selling at Main Street Capital
In related news, CAO Ryan Mchugh acquired 2,550 shares of the stock in a transaction dated Thursday, August 13th. The shares were bought at an average cost of $59.05 per share, for a total transaction of $150,577.50. Following the purchase, the chief accounting officer owned 22,647 shares in the company, valued at approximately $1,337,305.35. This trade represents a 12.69% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.83% of the company’s stock.
Main Street Capital Company Profile
Main Street Capital Corporation is a business development company that provides customized debt and equity financing to privately owned businesses. The company primarily supports lower middle market companies, as well as certain middle market businesses, that may require capital for growth, acquisitions, recapitalizations, refinancings, or ownership transitions.
Main Street typically invests in the form of secured debt, subordinated debt, equity investments, and warrants. Its lower middle market investments are often made in partnership with company owners and management teams, while its middle market activities generally involve providing longer-term debt capital to established businesses.
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