Main Street Capital (NYSE:MAIN) Updates Q1 2025 Earnings Guidance

Main Street Capital (NYSE:MAINGet Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.060-1.080 for the period, compared to the consensus earnings per share estimate of 1.010. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Truist Financial lifted their price target on Main Street Capital from $52.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, March 3rd. UBS Group decreased their price target on shares of Main Street Capital from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Thursday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $52.60.

Read Our Latest Stock Report on Main Street Capital

Main Street Capital Stock Performance

Shares of MAIN opened at $53.22 on Friday. Main Street Capital has a 12 month low of $45.00 and a 12 month high of $63.32. The business’s fifty day simple moving average is $57.12 and its two-hundred day simple moving average is $56.01. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.13. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 9.64 and a beta of 0.98.

Main Street Capital (NYSE:MAINGet Free Report) last posted its earnings results on Thursday, February 27th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.08 by ($0.06). Main Street Capital had a net margin of 89.25% and a return on equity of 13.83%. The company had revenue of $140.44 million for the quarter, compared to the consensus estimate of $141.40 million. Research analysts anticipate that Main Street Capital will post 4.11 earnings per share for the current fiscal year.

Main Street Capital Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 21st were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, March 20th. This is a positive change from Main Street Capital’s previous dividend of $0.25. This represents a yield of 7.11%. Main Street Capital’s payout ratio is currently 51.37%.

Insider Transactions at Main Street Capital

In other news, insider David L. Magdol sold 100,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $58.05, for a total transaction of $5,805,000.00. Following the completion of the sale, the insider now owns 377,182 shares of the company’s stock, valued at $21,895,415.10. This represents a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Dwayne L. Hyzak sold 120,000 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total transaction of $6,966,000.00. Following the completion of the transaction, the chief executive officer now owns 402,371 shares in the company, valued at $23,357,636.55. The trade was a 22.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 4.09% of the company’s stock.

Institutional Investors Weigh In On Main Street Capital

A hedge fund recently bought a new stake in Main Street Capital stock. Brighton Jones LLC purchased a new stake in Main Street Capital Co. (NYSE:MAINFree Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 5,185 shares of the financial services provider’s stock, valued at approximately $304,000. 20.31% of the stock is owned by institutional investors.

About Main Street Capital

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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.

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