Main Street Capital (NYSE:MAIN – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.020-1.060 for the period, compared to the consensus EPS estimate of 0.960. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on MAIN. Zacks Research cut shares of Main Street Capital from a “hold” rating to a “strong sell” rating in a report on Thursday, May 28th. Wall Street Zen downgraded shares of Main Street Capital from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Truist Financial cut their price objective on Main Street Capital from $60.00 to $53.00 and set a “hold” rating for the company in a research note on Tuesday, May 19th. Citizens Jmp decreased their price target on shares of 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, Royal Bank Of Canada lowered their target price on Main Street Capital from $66.00 to $58.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Main Street Capital has an average rating of “Hold” and an average target price of $59.33.
Read Our Latest Analysis on MAIN
Main Street Capital Stock Up 3.8%
Main Street Capital (NYSE:MAIN – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The financial services provider reported $0.93 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.11). The business had revenue of $73.44 million for the quarter, compared to analyst estimates of $145.23 million. Main Street Capital had a return on equity of 12.01% and a net margin of 74.86%. As a group, equities analysts forecast that Main Street Capital will post 3.78 EPS for the current fiscal year.
Main Street Capital Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 8th will be given a $0.265 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 5.7%. Main Street Capital’s dividend payout ratio is presently 66.95%.
Insider Activity at Main Street Capital
In other news, EVP Jason B. Beauvais sold 6,830 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $51.73, for a total transaction of $353,315.90. Following the transaction, the executive vice president 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 legal filing with the SEC, which is accessible through this link. 3.83% of the stock is currently owned by company insiders.
Institutional Trading of Main Street Capital
A number of large investors have recently bought and sold shares of MAIN. Lido Advisors LLC boosted its position in Main Street Capital by 1.7% in the 4th quarter. Lido Advisors LLC now owns 12,520 shares of the financial services provider’s stock valued at $794,000 after buying an additional 209 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in Main Street Capital by 109.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 478 shares of the financial services provider’s stock worth $28,000 after buying an additional 250 shares during the period. IHT Wealth Management LLC raised 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 worth $3,423,000 after acquiring an additional 281 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in shares of Main Street Capital by 7.3% in the third 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. grew its holdings in shares of Main Street Capital by 0.9% during the third quarter. Coldstream Capital Management Inc. now owns 37,019 shares of the financial services provider’s stock worth $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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