Main Street CapitalMAIN
MAIN
About: Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancing, and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants, and other securities of the lower middle market and middle market companies based in the United States. Business functioned through the U.S. region and it derives the majority of its income from the source of fees, commission, and interest.
Employees: 104
0
Funds holding %
of 7,202 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 110
0.5% more ownership
Funds ownership: 21.39% [Q4 2024] → 21.89% (+0.5%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
4% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 49
5% less funds holding
Funds holding: 396 [Q4 2024] → 378 (-18) [Q1 2025]
20% less capital invested
Capital invested by funds: $1.35B [Q4 2024] → $1.08B (-$272M) [Q1 2025]
80% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $56.9M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
7%
downside
Avg. target
$54
5%
downside
High target
$54
5%
downside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Oppenheimer Mitchel Penn | 7%downside $53 | Perform Maintained | 13 May 2025 |
Truist Securities Mark Hughes | 5%downside $54 | Hold Maintained | 12 May 2025 |
UBS Vilas Abraham | 5%downside $54 | Neutral Maintained | 17 Apr 2025 |
Financial journalist opinion
Based on 25 articles about MAIN published over the past 30 days
Positive
Seeking Alpha
3 days ago
May's 5 Dividend Growth Stocks With Yields Up To 7.04%
With recent volatility, we have a new name to make the discussion this month, as well as a few names we don't see as often. This monthly screening focuses on dividend safety, growth, and consistency, narrowing down the universe of potentially attractive investments. This is only an initial screening to gather some potential ideas, and before making any investment decision, a deeper dive is required.
Positive
Seeking Alpha
3 days ago
Main Street Capital: Trade De-Escalation Could Propel It To New Highs While Paying A Substantial Dividend
Main Street Capital is poised to benefit from trade war de-escalation and sustained high interest rates, supporting a fair value estimate of $63 per share. The company's internally managed structure, diversified portfolio, and consistent dividend growth underpin its strong investment case and premium valuation. With most debt fixed and investments floating, higher rates will boost profitability, supporting an anticipated $4.245 dividend in 2025 (8% yield).
Positive
Seeking Alpha
4 days ago
Main Street Capital: Why The Market Keeps Paying A Premium
MAIN stands out for its disciplined, internally managed BDC model, prioritizing sustainable dividends and steady NAV growth over headline yields. Q1 2025 results showcased strong NAV growth, robust dividend coverage, and a standout equity exit, reinforcing MAIN's value-creation strategy. The company's conservative dividend policy, with regular and supplemental payouts, ensures reliability and resilience even in volatile markets.
Positive
Seeking Alpha
4 days ago
Main Street Capital: Following Up On A Thesis
MAIN's valuation reached an unsustainable 2.0x book value, prompting me to sell due to mean reversion risk and limited upside. After a sharp 20% decline and NAV growth, the Company now trades near its historical average valuation, making it more attractive again. MAIN continues to deliver strong investment results, recently realizing a 72.2% IRR on a portfolio exit, supporting special distributions.
Neutral
Seeking Alpha
5 days ago
Main Street Capital: A Good Choice To Navigate Concerns Of The BDC Sector
Main Street Capital remains a top-quality BDC with solid fundamentals, strong management, and consistent income generation, as evidenced by robust Q1 earnings. Despite a recent 11.5% price decline, MAIN still trades at a 68.5% premium to NAV, well above its historical average. Macro risks and sector-wide premium valuations make me hesitant to add to my MAIN position or increase BDC exposure right now.
Neutral
PRNewsWire
1 week ago
MSC INCOME FUND ANNOUNCES FIRST QUARTER 2025 RESULTS
First Quarter 2025 Net Investment Income of $0.38 Per Share Net Asset Value of $15.35 Per Share HOUSTON , May 12, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) ("MSC Income") is pleased to announce its financial results for the first quarter ended March 31, 2025. Unless otherwise noted or the context otherwise indicates, the terms the "Company" and the "Fund" refer to MSC Income and its consolidated subsidiaries.
Neutral
PRNewsWire
1 week ago
MSC Income Fund Announces Regular Quarterly Dividend and Supplemental Quarterly Dividend
Regular Quarterly Dividend of $0.35 per Share and Supplemental Quarterly Dividend of $0.01 per Share Payable August 1, 2025 HOUSTON , May 12, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share payable in August 2025. Regular Quarterly Dividend Payable in August 2025 Declared Record Date Payment Date Amount Per Share 5/12/2025 6/30/2025 8/1/2025 $0.35 In addition to the regular quarterly dividend, the Board of Directors declared a supplemental quarterly cash dividend of $0.01 per share payable in August 2025.
Neutral
PRNewsWire
1 week ago
Main Street Announces Partial Exit of Portfolio Investment
Generates $55.5 Million Realized Gain from Partial Exit of Equity Investment in Nebraska Vet AcquireCo, LLC HOUSTON , May 12, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently fully exited its debt investments and partially exited its equity investment in Nebraska Vet AcquireCo, LLC, dba Heritage Vet Partners ("Heritage" or the "Company") upon the completion of a majority recapitalization with a new financial sponsor. Founded in 1985 and headquartered in West Point, Nebraska, Heritage is the leading national provider of rural, mixed and large animal veterinary services and products to livestock producers and companion animal owners throughout the United States.
Negative
Seeking Alpha
1 week ago
Dividend Investors, It's Time To Raise Cash, Here's Why
Despite my usual inclination to invest in dividend-paying stocks, current market valuations and economic risks lead me to prefer raising cash over investing. The 10-year Treasury yield reflects a tug-of-war between inflation and economic weakness, influenced by tariffs and trade uncertainties. The recent U.S.-U.K. trade deal is a positive development, but it doesn't fully offset the higher tariffs still in place post-"Liberation Day."
Neutral
Seeking Alpha
1 week ago
Main Street Capital Corporation (MAIN) Q1 2025 Earnings Call Transcript
Main Street Capital Corporation (NYSE:MAIN ) Q1 2025 Earnings Conference Call May 9, 2025 10:00 AM ET Company Participants Zach Vaughan - Investor Relations, Dennard Lascar Associates LLC Dwayne Hyzak - Chief Executive Officer David Magdal - President and CIO Ryan Nelson - Chief Financial Officer Nick Meserve - Managing Director and Head, Main Street's Private Credit Investment Group Conference Call Participants Robert Dodd - Raymond James Mark Hughes - Truist Securities Douglas Harter - UBS Sean-Paul Adams - B. Riley Securities Operator Greetings.
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