B. Riley Equities Analysts Boost Earnings Estimates for MAIN

Main Street Capital Co. (NYSE:MAIN) – Stock analysts at B. Riley upped their Q1 2025 earnings estimates for Main Street Capital in a report issued on Monday, November 11th. B. Riley analyst B. Rowe now anticipates that the financial services provider will post earnings per share of $0.99 for the quarter, up from their prior forecast of $0.97. B. Riley currently has a “Neutral” rating and a $51.00 target price 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.

Several other research analysts have also recently weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and set a $52.00 price target on shares of Main Street Capital in a report on Wednesday, August 14th. Oppenheimer boosted their price target on shares of Main Street Capital from $43.00 to $44.00 and gave the company a “market perform” rating in a research report on Tuesday, August 13th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $48.80.

Main Street Capital Stock Down 0.1 %

Shares of NYSE MAIN opened at $52.16 on Wednesday. The stock has a market capitalization of $4.60 billion, a P/E ratio of 9.51 and a beta of 1.29. The company has a 50-day moving average price of $50.77 and a 200-day moving average price of $50.11. Main Street Capital has a 1 year low of $40.51 and a 1 year high of $52.89. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.07.

Institutional Trading of Main Street Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. Susquehanna Fundamental Investments LLC bought a new stake in Main Street Capital in the 1st quarter worth $475,000. Concurrent Investment Advisors LLC grew its position in Main Street Capital by 17.3% during the first quarter. Concurrent Investment Advisors LLC now owns 10,604 shares of the financial services provider’s stock valued at $502,000 after buying an additional 1,564 shares during the period. ProShare Advisors LLC grew its position in Main Street Capital by 16.3% during the first quarter. ProShare Advisors LLC now owns 11,913 shares of the financial services provider’s stock valued at $564,000 after buying an additional 1,666 shares during the period. Entropy Technologies LP bought a new stake in Main Street Capital during the first quarter valued at approximately $549,000. Finally, Delta Investment Management LLC bought a new stake in Main Street Capital during the first quarter valued at approximately $553,000. Hedge funds and other institutional investors own 20.31% of the company’s stock.

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 paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Main Street Capital’s previous monthly dividend of $0.25. This represents a $3.00 annualized dividend and a yield of 5.75%. Main Street Capital’s dividend payout ratio is currently 53.26%.

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.