Somewhat Positive Media Coverage Somewhat Unlikely to Impact Main Street Capital (MAIN) Share Price

Media stories about Main Street Capital (NYSE:MAIN) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Main Street Capital earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.850033622952 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Get Main Street Capital alerts: Main Street Capital Corporation: Main Street Announces Second Quarter 2018 Earnings Release And Conference Call Schedule (twst.com) Zacks: Analysts Expect Main Street Capital Co. (MAIN) Will Post Quarterly Sales of $56.95 Million (americanbankingnews.com) Analysts Expect Main Street Capital Co. (MAIN) Will Post Earnings of $0.62 Per Share (americanbankingnews.com) Afghan police shoot suspected suicide attacker in capital Kabul (streetinsider.com)

Several analysts recently issued reports on MAIN shares. Zacks Investment Research raised Main Street Capital from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Friday, March 30th. National Securities reissued a “neutral” rating and issued a $35.00 price target on shares of Main Street Capital in a report on Wednesday, May 9th. B. Riley started coverage on Main Street Capital in a report on Tuesday, March 27th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, ValuEngine cut Main Street Capital from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $39.33.

MAIN traded up $0.15 during trading hours on Wednesday, hitting $39.24. The company’s stock had a trading volume of 1,071 shares, compared to its average volume of 189,276. Main Street Capital has a fifty-two week low of $34.37 and a fifty-two week high of $41.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market cap of $2.30 billion, a P/E ratio of 16.42 and a beta of 0.94.

Main Street Capital (NYSE:MAIN) last posted its earnings results on Thursday, May 3rd. The financial services provider reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. Main Street Capital had a return on equity of 10.48% and a net margin of 81.24%. The firm had revenue of $55.94 million for the quarter, compared to analysts’ expectations of $53.54 million. During the same period last year, the firm earned $0.57 EPS. The firm’s revenue was up 16.8% compared to the same quarter last year. equities analysts anticipate that Main Street Capital will post 2.47 EPS for the current year.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 14th. Investors of record on Tuesday, August 21st will be given a $0.19 dividend. This represents a $2.28 annualized dividend and a yield of 5.81%. The ex-dividend date is Monday, August 20th. Main Street Capital’s dividend payout ratio is currently 95.40%.

About Main Street Capital

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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