News coverage about Main Street Capital (NYSE:MAIN) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Main Street Capital earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.2093117458025 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s analysis:
Several research firms recently commented on MAIN. Zacks Investment Research raised Main Street Capital from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a report on Friday, January 5th. B. Riley began coverage on Main Street Capital in a report on Tuesday, March 27th. They issued a “buy” rating and a $40.00 price target for the company. National Securities raised Main Street Capital from a “sell” rating to a “neutral” rating and increased their price target for the company from $33.00 to $35.00 in a report on Monday, February 26th. Finally, ValuEngine cut Main Street Capital from a “buy” rating to a “hold” rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Main Street Capital presently has a consensus rating of “Hold” and an average target price of $39.15.
MAIN stock opened at $37.30 on Monday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2,191.52, a price-to-earnings ratio of 15.61 and a beta of 0.93. Main Street Capital has a 52-week low of $34.37 and a 52-week high of $41.79.
Main Street Capital (NYSE:MAIN) last posted its earnings results on Thursday, February 22nd. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $55.80 million during the quarter, compared to analysts’ expectations of $53.17 million. Main Street Capital had a return on equity of 10.34% and a net margin of 82.93%. The firm’s quarterly revenue was up 19.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.57 earnings per share. equities research analysts anticipate that Main Street Capital will post 2.44 earnings per share for the current fiscal year.
The firm also recently announced a dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Friday, April 20th will be paid a dividend of $0.19 per share. This is a boost from Main Street Capital’s previous dividend of $0.19. The ex-dividend date is Thursday, April 19th. Main Street Capital’s dividend payout ratio (DPR) is 95.40%.
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Main Street Capital Company Profile
Main Street Capital Corporation is a business development company specializing in long- term equity and debt investments in small and lower middle market companies. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses.
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