Equities research analysts expect Main Street Capital Corporation (NYSE:MAIN) to report sales of $52.73 million for the current quarter, Zacks reports. Four analysts have made estimates for Main Street Capital Corporation’s earnings, with estimates ranging from $51.38 million to $53.91 million. Main Street Capital Corporation reported sales of $46.83 million during the same quarter last year, which would suggest a positive year over year growth rate of 12.6%. The firm is scheduled to report its next quarterly earnings report on Thursday, February 22nd.

On average, analysts expect that Main Street Capital Corporation will report full year sales of $52.73 million for the current fiscal year, with estimates ranging from $201.32 million to $203.86 million. For the next financial year, analysts expect that the business will report sales of $224.53 million per share, with estimates ranging from $210.97 million to $231.49 million. Zacks’ sales averages are an average based on a survey of research analysts that follow Main Street Capital Corporation.

Main Street Capital Corporation (NYSE:MAIN) last released its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03. Main Street Capital Corporation had a return on equity of 10.14% and a net margin of 79.87%. The firm had revenue of $51.79 million for the quarter, compared to analyst estimates of $50.89 million. During the same quarter in the previous year, the company posted $0.58 EPS. The business’s revenue was up 11.1% on a year-over-year basis.

A number of equities research analysts have commented on MAIN shares. National Securities reiterated a “sell” rating and issued a $33.00 price target on shares of Main Street Capital Corporation in a research report on Tuesday, August 8th. Raymond James Financial, Inc. upgraded Main Street Capital Corporation from an “underperform” rating to a “market perform” rating in a research report on Tuesday, November 7th. BidaskClub lowered Main Street Capital Corporation from a “hold” rating to a “sell” rating in a research report on Saturday, October 7th. Zacks Investment Research lowered Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, ValuEngine upgraded Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $39.15.

Main Street Capital Corporation (NYSE MAIN) traded down $0.11 during midday trading on Friday, hitting $40.52. The company’s stock had a trading volume of 193,031 shares, compared to its average volume of 236,605. Main Street Capital Corporation has a 1 year low of $35.25 and a 1 year high of $41.79. The company has a market cap of $2,300.00, a price-to-earnings ratio of 17.77 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.

The firm 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 dividend of $0.19 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $2.28 annualized dividend and a dividend yield of 5.63%. Main Street Capital Corporation’s payout ratio is 80.57%.

Several institutional investors have recently made changes to their positions in MAIN. Tower Research Capital LLC TRC bought a new stake in shares of Main Street Capital Corporation during the 2nd quarter valued at about $119,000. US Bancorp DE boosted its position in shares of Main Street Capital Corporation by 15.6% during the 2nd quarter. US Bancorp DE now owns 3,707 shares of the financial services provider’s stock valued at $143,000 after purchasing an additional 500 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Main Street Capital Corporation by 59.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,648 shares of the financial services provider’s stock worth $184,000 after buying an additional 1,727 shares during the period. Good Life Advisors LLC acquired a new position in Main Street Capital Corporation during the 3rd quarter worth approximately $203,000. Finally, Aperio Group LLC acquired a new position in Main Street Capital Corporation during the 2nd quarter worth approximately $204,000. Institutional investors own 27.15% of the company’s stock.

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About Main Street Capital Corporation

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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