Main Street Capital Co. (MAIN) Expected to Post Earnings of $0.59 Per Share
Wall Street analysts expect Main Street Capital Co. (NYSE:MAIN) to report earnings of $0.59 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Main Street Capital’s earnings, with the lowest EPS estimate coming in at $0.57 and the highest estimate coming in at $0.63. Main Street Capital reported earnings of $0.57 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.5%. The firm is expected to issue its next quarterly earnings report after the market closes on Thursday, February 22nd.
According to Zacks, analysts expect that Main Street Capital will report full-year earnings of $2.34 per share for the current year, with EPS estimates ranging from $2.32 to $2.39. For the next fiscal year, analysts expect that the firm will report earnings of $2.37 per share, with EPS estimates ranging from $2.28 to $2.42. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Main Street Capital.
Several research analysts recently issued reports on the company. Zacks Investment Research cut Main Street Capital from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Raymond James Financial raised Main Street Capital from an “underperform” rating to a “market perform” rating in a research report on Tuesday, November 7th. National Securities reaffirmed a “sell” rating and set a $33.00 target price on shares of Main Street Capital in a research report on Monday, November 6th. BidaskClub raised Main Street Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, ValuEngine cut Main Street Capital from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $39.18.
Main Street Capital (NYSE MAIN) opened at $36.25 on Friday. The stock has a market capitalization of $2,106.05, a P/E ratio of 12.76 and a beta of 0.93. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.20. Main Street Capital has a 1 year low of $34.37 and a 1 year high of $41.79.
Main Street Capital 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Main Street Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Main Street Capital and related companies with MarketBeat.com's FREE daily email newsletter.