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Financial Services - Asset Management - NYSE - US
$ 52.16
0 %
$ 4.6 B
Market Cap
9.75
P/E
1. INTRINSIC VALUE

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. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation.[ Read More ]

The intrinsic value of one MAIN stock under the base case scenario is HIDDEN Compared to the current market price of 52.2 USD, Main Street Capital Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MAIN

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FINANCIALS
510 M REVENUE
53.97%
442 M OPERATING INCOME
28.67%
428 M NET INCOME
77.33%
285 M OPERATING CASH FLOW
215.54%
0 INVESTING CASH FLOW
0.00%
-274 M FINANCING CASH FLOW
-104.15%
137 M REVENUE
-3.27%
121 M OPERATING INCOME
-15.61%
-227 M NET INCOME
-221.32%
-371 M OPERATING CASH FLOW
-629.50%
1.25 B INVESTING CASH FLOW
609.97%
-18.4 M FINANCING CASH FLOW
-18.08%
Balance Sheet Decomposition Main Street Capital Corporation
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Current Assets 149 M
Cash & Short-Term Investments 60.1 M
Receivables 89.3 M
Other Current Assets 0
Non-Current Assets 4.36 B
Long-Term Investments 4.29 B
PP&E 0
Other Non-Current Assets 71.3 M
Current Liabilities 165 M
Accounts Payable 100 M
Short-Term Debt 64.8 M
Other Current Liabilities 0
Non-Current Liabilities 74.9 M
Long-Term Debt 11.1 M
Other Non-Current Liabilities 63.9 M
EFFICIENCY
Earnings Waterfall Main Street Capital Corporation
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Revenue 510 M
Cost Of Revenue 9.5 M
Gross Profit 500 M
Operating Expenses -152 M
Operating Income 442 M
Other Expenses 13.1 M
Net Income 428 M
RATIOS
98.14% GROSS MARGIN
98.14%
86.61% OPERATING MARGIN
86.61%
84.03% NET MARGIN
84.03%
17.29% ROE
17.29%
9.64% ROA
9.64%
16.51% ROIC
16.51%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Main Street Capital Corporation
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Net Income 428 M
Depreciation & Amortization 3.33 M
Capital Expenditures 0
Stock-Based Compensation 16.5 M
Change in Working Capital 5.78 M
Others -173 M
Free Cash Flow 285 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Main Street Capital Corporation
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Wall Street analysts predict an average 1-year price target for MAIN of $42 , with forecasts ranging from a low of $22 to a high of $52 .
MAIN Lowest Price Target Wall Street Target
22 USD -57.82%
MAIN Average Price Target Wall Street Target
42 USD -19.48%
MAIN Highest Price Target Wall Street Target
52 USD -0.31%
4. DIVIDEND ANALYSIS
3.55% DIVIDEND YIELD
0.25 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Main Street Capital Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.53 M USD 2
9-12 MONTHS
258 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Mar 07, 2024
Sell 276 K USD
Meserve Nicholas
MANAGING DIRECTOR
- 6000
45.9601 USD
8 months ago
Mar 01, 2024
Sell 340 K USD
Beauvais Jason B
EVP, GC, CCO, SECRETARY
- 7500
45.32 USD
8 months ago
Mar 04, 2024
Sell 913 K USD
Beauvais Jason B
EVP, GC, CCO, SECRETARY
- 20000
45.66 USD
10 months ago
Dec 20, 2023
Sell 258 K USD
Meserve Nicholas
MANAGING DIRECTOR
- 6000
43.014 USD
1 year ago
Mar 31, 2023
Bought 118 K USD
JACKSON JOHN EARL
Director
+ 3000
39.195 USD
1 year ago
Mar 29, 2023
Sell 268 K USD
Beauvais Jason B
EVP, GC, CCO, SECRETARY
- 6800
39.405 USD
1 year ago
Mar 30, 2023
Sell 88 K USD
Beauvais Jason B
EVP, GC, CCO, SECRETARY
- 2225
39.53 USD
1 year ago
Mar 31, 2023
Sell 233 K USD
Beauvais Jason B
EVP, GC, CCO, SECRETARY
- 5894
39.4524 USD
1 year ago
Mar 28, 2023
Sell 118 K USD
Meserve Nicholas
MANAGING DIRECTOR
- 3000
39.5 USD
7. News
How I'd Build The Ultimate Dividend Retirement Portfolio Today Early trading mistakes taught me the value of dividend investing, leading to a portfolio focused on dividend growth stocks for stability and income. Dividend stocks offer consistent growth, reliable cash flow, and peace of mind, making them ideal for retirement-focused investors seeking low-risk, inflation-protected income. For a retirement portfolio, I recommend high-quality dividend payers, avoiding high-risk, ultra-high-yield stocks. seekingalpha.com - 4 days ago
Main Street Capital: One Of The Best Post-Trump Victory Blue Chips You Can Buy Today Main Street Capital offers a compelling 6% yield with 80% return potential over five years, driven by economic growth, higher interest rates, and strategic liquidity management. Stronger-than-expected GDP growth in 2025, fueled by AI spending and small business optimism, could significantly boost MAIN's earnings and investment opportunities. MAIN's internally managed structure, high-quality loan portfolio, and ability to raise capital at a premium to NAV position it for robust long-term growth. seekingalpha.com - 4 days ago
Two 8% Dividend Yields To Let The Compounding Do Its Magic My strategy focuses on high-yield securities with stable income streams to reduce stress, ensure stable investment progress, and limit capital impairment risk. The Top 3 criteria for security selection are: investment-grade balance sheets, strong dividend coverage, and defensive, non-cyclical business models. The idea is to emphasize a buy-and-hold approach with deep analysis upfront to minimize portfolio churn and maximize compounding benefits. seekingalpha.com - 6 days ago
Main Street Capital (MAIN) Q3 2024 Earnings Conference Call Transcript Main Street Capital (NYSE:MAIN ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants Zach Vaughan - IR, Dennard Lascar Associates LLC Dwayne Hyzak - CEO David Magdal - President and Chief Investment Officer Ryan Nelson - CFO Nick Meserve - MD and Head of Main Street's Private Credit Investment Group Conference Call Participants Bryce Rowe - B. Riley Securities Robert Dodd - Raymond James Mark Hughes - Truist Securities Operator Greetings, and welcome to the Main Street Capital Third Quarter Earnings Conference Call. seekingalpha.com - 1 week ago
Main Street Capital's Q3 Earnings Miss, Expenses Increase Y/Y MAIN's Q3 2024 earnings miss estimates on an increased expense base. Yet, a rise in total investment income and strong portfolio performances are tailwinds. zacks.com - 1 week ago
Main Street Capital (MAIN) Reports Q3 Earnings: What Key Metrics Have to Say Although the revenue and EPS for Main Street Capital (MAIN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 1 week ago
Main Street Capital (MAIN) Q3 Earnings and Revenues Lag Estimates Main Street Capital (MAIN) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.99 per share a year ago. zacks.com - 1 week ago
MAIN STREET ANNOUNCES THIRD QUARTER 2024 RESULTS Third  Quarter 2024 Net Investment Income of $1.00 Per Share Third  Quarter 2024 Distributable Net Investment Income (1)  of $1.06 Per Share Net Asset Value of $30.57  Per Share HOUSTON , Nov. 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the third quarter ended September 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries. prnewswire.com - 1 week ago
Assessing Main Street's Preliminary Earnings For Q3 2024 MAIN had a largely expected quarter with minor NAV outperformance and slight NII underperformance due to lower loan origination volumes. MAIN's credit risk remains manageable with a slight increase in non-accrual loans, which was anticipated and typical for LMM investments. MAIN's valuation is currently high, trading at a 66% premium to NAV, making it less attractive compared to other sector peers. seekingalpha.com - 1 week ago
14% Dividend Yields: 1 To Buy And 1 To Sell High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I discuss one underappreciated 14%-yielder that is an attractive buy and another popular one that is a sell in the current environment. seekingalpha.com - 1 week ago
Structuring Portfolio To Achieve Durable 7% Yield With 7% Income Growth One of the main drawbacks of high durable income investing is the opportunity cost that comes from reduced income growth potential. However, as I have shown in this article, by being very selective, it is possible to achieve ~ 7% portfolio yield with also ~ 7% income growth rate going forward. Granted, the growth is not in double digit territory as for SCHD and it might not come true, but that could be just as easily the case for SCHD as well. seekingalpha.com - 1 week ago
Main Street Announces First Quarter 2025 Regular Monthly Dividends, Including a Monthly Dividend Increase, and Supplemental Dividend Payable in December 2024 Regular Monthly Dividends of $0.25 Per Share for each of  January, February and March 2025 Monthly Dividends Represent a 2.0% Increase Compared to Fourth Quarter 2024 and a 4.2% Increase Compared to First Quarter 2024 Supplemental Dividend of $0.30 Per Share Payable in December 2024 HOUSTON , Nov. 5, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, February and March 2025.  These monthly dividends, which will be payable pursuant to the table below, total $0.75 per share for the first quarter of 2025 and represent a 2.0% increase from the regular monthly dividends declared for the fourth quarter of 2024 and a 4.2% increase from the regular monthly dividends paid in the first quarter of 2024. prnewswire.com - 1 week ago
8. Profile Summary

Main Street Capital Corporation MAIN

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 4.6 B
Dividend Yield 3.55%
Description 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. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, technology, and transportation. The firm typically invests in lower middle market companies generally with annual revenues between $5 million and $300 million. It prefers to invest in ranging between $2 million and $75 million in equity investment and enterprise value in ranging between $3 million and $20 million. The firm typically prefers to invest in the range of $5 million and $50 million per transaction in debt investment value and in the range of $1 million and $20 million in annual EBITDA. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It takes 5 percent minority and up to 50 percent majority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.
Contact 1300 Post Oak Boulevard, Houston, TX, 77056 https://www.mainstcapital.com
IPO Date Oct. 9, 2007
Employees 100
Officers Mr. Kenneth Colton Braud III Managing Director Mr. Jesse Enrique Morris Executive Vice President, Chief Operating Officer & Senior MD Ms. Margaret Kopko Human Resource Manager Mr. Jason B. Beauvais J.D. Executive Vice President, General Counsel, Chief Compliance Officer & Secretary Ms. Ashley Seatter Business Development and Marketing Senior Associate Mr. Ryan H. McHugh Chief Accounting Officer, Vice President & Assistant Treasurer Mr. David L. Magdol President, Chief Investment Officer & Senior MD Mr. Ryan Robert Nelson Chief Financial Officer & Treasurer Mr. Ken Dennard Investor Relations Contact Mr. Dwayne Louis Hyzak CPA Chief Executive Officer & Member of Board of Directors