Main Street Capital Corporation (MAIN) Getting Somewhat Positive Media Coverage, Analysis Shows
News coverage about Main Street Capital Corporation (NYSE:MAIN) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Main Street Capital Corporation earned a news impact score of 0.18 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.3106201811196 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Brokerages Expect Main Street Capital Corporation (MAIN) Will Post Quarterly Sales of $50.49 Million (americanbankingnews.com)
- ValuEngine Upgrades Main Street Capital Corporation (MAIN) to “Buy” (americanbankingnews.com)
- Prospect Capital Corporation Management Fee Justifies A 30% Discount To NAV – Seeking Alpha (seekingalpha.com)
- $0.57 EPS Expected for Main Street Capital Corporation (MAIN) This Quarter (americanbankingnews.com)
- Main Street Capital Corporation (NYSE:MSCA) Sees Significantly Lower Trading Volume – Modern Readers (modernreaders.com)
A number of research firms have recently issued reports on MAIN. BidaskClub upgraded Main Street Capital Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 10th. Zacks Investment Research upgraded Main Street Capital Corporation from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Thursday, August 10th. FBR & Co restated a “hold” rating and issued a $38.00 price target on shares of Main Street Capital Corporation in a research note on Monday, May 8th. Raymond James Financial, Inc. restated an “underperform” rating on shares of Main Street Capital Corporation in a research note on Wednesday, May 10th. Finally, National Securities restated a “sell” rating and issued a $33.00 price target on shares of Main Street Capital Corporation in a research note on Wednesday, May 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $38.98.
Main Street Capital Corporation (NYSE MAIN) opened at 39.48 on Tuesday. Main Street Capital Corporation has a one year low of $32.12 and a one year high of $40.86. The company has a market capitalization of $2.24 billion, a PE ratio of 12.97 and a beta of 1.03. The company has a 50-day moving average price of $39.28 and a 200-day moving average price of $38.56.
Main Street Capital Corporation (NYSE:MAIN) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Main Street Capital Corporation had a net margin of 86.36% and a return on equity of 10.24%. The company had revenue of $50.30 million for the quarter, compared to analyst estimates of $47.82 million. During the same period in the prior year, the company earned $0.54 earnings per share. The firm’s revenue was up 17.2% on a year-over-year basis. Analysts expect that Main Street Capital Corporation will post $2.30 earnings per share for the current fiscal year.
The firm also recently declared a monthly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 21st will be issued a $0.19 dividend. This represents a $2.28 annualized dividend and a yield of 5.78%. The ex-dividend date of this dividend is Monday, November 20th. Main Street Capital Corporation’s payout ratio is 72.79%.
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Main Street Capital Corporation Company Profile
Main Street Capital Corporation (MSCC) is a principal investment firm. MSCC’s principal investment objective is to maximize its portfolio’s total return by generating current income from the Company’s debt investments and capital appreciation from its equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company.
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