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

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

Main Street Capital Trading Down 0.9 %

NYSE:MAIN traded down $0.47 during mid-day trading on Wednesday, reaching $53.21. The company’s stock had a trading volume of 81,224 shares, compared to its average volume of 434,857. Main Street Capital has a twelve month low of $45.00 and a twelve month high of $63.32. The company’s fifty day simple moving average is $57.43 and its two-hundred day simple moving average is $56.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a market cap of $4.71 billion, a P/E ratio of 9.63 and a beta of 0.98.

Main Street Capital (NYSE:MAIN) last issued its earnings results on Thursday, February 27th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.06). The firm had revenue of $140.44 million for the quarter, compared to analysts’ expectations of $141.40 million. Main Street Capital had a return on equity of 13.83% and a net margin of 89.25%. On average, equities analysts predict that Main Street Capital will post 4.11 EPS for the current year.

Main Street Capital Increases Dividend

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

Analyst Ratings Changes

Separately, Truist Financial boosted their target price on shares of Main Street Capital from $52.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, March 3rd.

Insider Transactions at Main Street Capital

In other news, CEO Dwayne L. Hyzak sold 120,000 shares of the stock in a transaction 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 sale, the chief executive officer now owns 402,371 shares in the company, valued at approximately $23,357,636.55. This represents a 22.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David L. Magdol sold 100,000 shares of the business’s stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $58.05, for a total value of $5,805,000.00. Following the sale, the insider now directly owns 377,182 shares in the company, valued at $21,895,415.10. This trade represents a 20.96 % 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.

Hedge Funds Weigh In On Main Street Capital

A hedge fund recently bought a new stake in Main Street Capital stock. Brighton Jones LLC acquired a new position in shares of Main Street Capital Co. (NYSE:MAIN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,185 shares of the financial services provider’s stock, valued at approximately $304,000. Hedge funds and other institutional investors own 20.31% of the company’s stock.

Main Street Capital Company Profile

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.