News coverage about Main Street Capital Corporation (NYSE:MAIN) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Main Street Capital Corporation earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.2166362936703 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
Shares of Main Street Capital Corporation (MAIN) traded down 0.2721% during midday trading on Tuesday, hitting $40.0607. 39,862 shares of the stock were exchanged. The firm has a 50-day moving average price of $39.67 and a 200-day moving average price of $39.10. Main Street Capital Corporation has a 12-month low of $32.12 and a 12-month high of $40.86. The company has a market cap of $2.28 billion, a PE ratio of 13.1605 and a beta of 1.00.
Main Street Capital Corporation (NYSE:MAIN) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.05. Main Street Capital Corporation had a net margin of 86.36% and a return on equity of 10.24%. The company had revenue of $50.30 million for the quarter, compared to the consensus estimate of $47.82 million. During the same period last year, the firm posted $0.54 EPS. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, equities analysts predict that Main Street Capital Corporation will post $2.30 EPS for the current year.
The firm also recently declared a monthly dividend, which will be paid on Friday, December 15th. Stockholders of record on Tuesday, November 21st will be given a $0.19 dividend. The ex-dividend date is Monday, November 20th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.68%. Main Street Capital Corporation’s payout ratio is currently 74.75%.
MAIN has been the subject of a number of research reports. Zacks Investment Research raised shares of Main Street Capital Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub cut shares of Main Street Capital Corporation from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. National Securities reissued a “sell” rating and issued a $33.00 price target on shares of Main Street Capital Corporation in a research report on Tuesday, August 8th. Finally, ValuEngine raised shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $38.98.
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Main Street Capital Corporation Company Profile
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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