Shares of Main Street Capital Co. (NYSE:MAIN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $43.35 and last traded at $43.28, with a volume of 2230 shares traded. The stock had previously closed at $43.19.

MAIN has been the topic of several analyst reports. National Securities reaffirmed a “neutral” rating and set a $38.00 price target on shares of Main Street Capital in a research report on Monday, May 13th. Zacks Investment Research downgraded Main Street Capital from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st.

The company has a current ratio of 0.15, a quick ratio of 0.12 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 16.65 and a beta of 0.85. The stock has a 50-day moving average price of $41.89 and a 200 day moving average price of $39.69.

Main Street Capital (NYSE:MAIN) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.01. Main Street Capital had a return on equity of 10.57% and a net margin of 65.74%. The company had revenue of $61.30 million for the quarter, compared to analysts’ expectations of $61.33 million. During the same period in the previous year, the firm posted $0.66 EPS. Main Street Capital’s revenue was up 2.3% compared to the same quarter last year. Equities research analysts anticipate that Main Street Capital Co. will post 2.54 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of MAIN. Prestige Wealth Management Group LLC purchased a new position in Main Street Capital in the 2nd quarter worth approximately $27,000. Quadrant Capital Group LLC purchased a new position in Main Street Capital in the 1st quarter worth approximately $28,000. Marshall Wace North America L.P. purchased a new position in Main Street Capital in the 1st quarter worth approximately $30,000. Bartlett & Co. LLC purchased a new position in Main Street Capital in the 2nd quarter worth approximately $41,000. Finally, Redhawk Wealth Advisors Inc. purchased a new position in Main Street Capital in the 2nd quarter worth approximately $86,000. Institutional investors own 21.74% of the company’s stock.

Main Street Capital Company Profile (NYSE:MAIN)

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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