Main Street Capital (NYSE:MAIN – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.020-1.060 for the period, compared to the consensus estimate of 0.960. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several research firms recently issued reports on MAIN. Royal Bank Of Canada reduced their target price on shares of Main Street Capital from $66.00 to $58.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Wall Street Zen lowered shares of Main Street Capital from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings downgraded shares of Main Street Capital from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 22nd. Citizens Jmp dropped their price target on Main Street Capital from $74.00 to $70.00 and set a “market outperform” rating on the stock in a research note on Wednesday, April 22nd. Finally, Zacks Research lowered Main Street Capital from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 28th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $59.33.
Read Our Latest Stock Report on MAIN
Main Street Capital Stock Down 0.4%
Main Street Capital (NYSE:MAIN – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.11). Main Street Capital had a return on equity of 12.01% and a net margin of 74.86%.The business had revenue of $73.44 million for the quarter, compared to analyst estimates of $145.23 million. On average, analysts anticipate that Main Street Capital will post 3.78 EPS for the current year.
Main Street Capital Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 8th will be issued a $0.265 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 5.7%. Main Street Capital’s dividend payout ratio (DPR) is currently 66.95%.
Insider Buying and Selling
In other news, EVP Jason B. Beauvais sold 6,830 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $51.73, for a total value of $353,315.90. Following the sale, the executive vice president directly owned 196,185 shares of the company’s stock, valued at approximately $10,148,650.05. This represents a 3.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.83% of the company’s stock.
Institutional Trading of Main Street Capital
A number of hedge funds have recently bought and sold shares of MAIN. Lido Advisors LLC grew its position in shares of Main Street Capital by 1.7% during the 4th quarter. Lido Advisors LLC now owns 12,520 shares of the financial services provider’s stock worth $794,000 after buying an additional 209 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Main Street Capital by 109.6% in the second quarter. Smartleaf Asset Management LLC now owns 478 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 250 shares in the last quarter. IHT Wealth Management LLC increased its holdings in shares of Main Street Capital by 0.5% during the fourth quarter. IHT Wealth Management LLC now owns 56,687 shares of the financial services provider’s stock valued at $3,423,000 after acquiring an additional 281 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in Main Street Capital by 7.3% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 4,248 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 288 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its stake in shares of Main Street Capital by 0.9% in the third quarter. Coldstream Capital Management Inc. now owns 37,019 shares of the financial services provider’s stock valued at $2,354,000 after buying an additional 314 shares in the last quarter. 20.31% of the stock is currently owned by institutional investors.
Main Street Capital Company Profile
Main Street Capital Corporation (NYSE: MAIN) is a publicly traded business development company that provides flexible debt and equity capital to lower middle market companies in the United States. Headquartered in Houston, Texas, Main Street Capital was formed in 2007 and operates under the Investment Company Act of 1940. The firm’s management services are provided by Main Street Capital Management, L.P., which focuses on identifying growing private companies with enterprise values typically between $10 million and $150 million.
Main Street Capital’s primary offerings include first-lien senior secured loans, second-lien loans, subordinated debt, and equity co-investments or minority equity positions.
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