Main Street Capital (NYSE:MAIN) Updates Q4 2024 Earnings Guidance

Posted by Matthew Steigler on Jan 16th, 2025

Main Street Capital (NYSE:MAIN – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 1.070-1.090 for the period, compared to the consensus EPS estimate of 1.030. The company issued revenue guidance of -. Main Street Capital also updated its Q4 guidance to $1.01-$1.03 EPS.

Analyst Upgrades and Downgrades

Separately, B. Riley upped their target price on Main Street Capital from $49.00 to $51.00 and gave the company a “neutral” rating in a research report on Monday, November 11th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $48.80.

Read Our Latest Analysis on Main Street Capital

Main Street Capital Stock Up 0.8 %

Shares of NYSE:MAIN opened at $59.74 on Thursday. Main Street Capital has a 1-year low of $43.48 and a 1-year high of $60.19. 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 $5.27 billion, a P/E ratio of 10.82 and a beta of 1.28. The firm has a fifty day moving average price of $55.70 and a 200 day moving average price of $52.23.

Main Street Capital Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, February 7th. This represents a $3.60 annualized dividend and a dividend yield of 6.03%. Main Street Capital’s dividend payout ratio (DPR) is 54.35%.

Main Street Capital Company Profile

(Get Free Report)

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.