News articles about Main Street Capital Corporation (NYSE:MAIN) have been trending positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Main Street Capital Corporation earned a media sentiment score of 0.38 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 10 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- BidaskClub Downgrades Main Street Capital Corporation (MAIN) to Hold (americanbankingnews.com)
- Main Street Capital’s Monthly Dividend Projection For September-November 2017 (seekingalpha.com)
- Main Street Announces Second Quarter 2017 Earnings Release And Conference Call Schedule (finance.yahoo.com)
- Main Street Capital Corporation (NYSE:MAIN) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Main Street Capital Corporation (NYSE MAIN) opened at 38.68 on Monday. The firm has a market capitalization of $2.16 billion, a PE ratio of 13.39 and a beta of 1.04. Main Street Capital Corporation has a 12-month low of $32.12 and a 12-month high of $40.86. The company has a 50-day moving average price of $38.55 and a 200-day moving average price of $37.78.
Main Street Capital Corporation (NYSE:MAIN) last released its earnings results on Thursday, May 4th. The financial services provider reported $0.56 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.56. The firm had revenue of $47.90 million during the quarter, compared to analysts’ expectations of $47.24 million. Main Street Capital Corporation had a net margin of 83.34% and a return on equity of 10.01%. Main Street Capital Corporation’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 EPS. On average, analysts predict that Main Street Capital Corporation will post $2.24 earnings per share for the current year.
The company also recently announced a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Monday, August 21st will be paid a $0.185 dividend. The ex-dividend date is Thursday, August 17th. This represents a $2.22 annualized dividend and a yield of 5.74%. Main Street Capital Corporation’s payout ratio is currently 76.82%.
MAIN has been the subject of several research reports. Vetr upgraded Main Street Capital Corporation from a “hold” rating to a “buy” rating and set a $40.90 price objective for the company in a research note on Wednesday, May 10th. FBR & Co restated a “hold” rating and issued a $38.00 price target on shares of Main Street Capital Corporation in a research report on Monday, May 8th. Zacks Investment Research lowered Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub lowered Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $40.00 price target (up from $35.00) on shares of Main Street Capital Corporation in a research report on Thursday, May 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $38.13.
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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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