Somewhat Positive Press Coverage Unlikely to Impact Main Street Capital Corporation (MAIN) Share Price

News articles about Main Street Capital Corporation (NYSE:MAIN) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Main Street Capital Corporation earned a news impact score of 0.22 on AlphaOne’s scale. AlphaOne also gave headlines about the financial services provider an impact score of 40 out of 100, indicating that recent press coverage is unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have impacted AlphaOne Sentiment Analysis’s scoring:

Insider Buying and Selling by Quarter for Main Street Capital Corporation (NYSE:MAIN)

A number of research firms have recently weighed in on MAIN. Vetr upgraded shares of Main Street Capital Corporation from a “hold” rating to a “buy” rating and set a $40.88 price target for the company in a research report on Tuesday, April 11th. Zacks Investment Research cut shares of Main Street Capital Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, May 10th. FBR & Co reissued a “hold” rating and issued a $38.00 price objective on shares of Main Street Capital Corporation in a research note on Monday, May 8th. National Securities reissued a “sell” rating and issued a $33.00 price objective on shares of Main Street Capital Corporation in a research note on Wednesday, May 10th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $40.00 price objective (up previously from $35.00) on shares of Main Street Capital Corporation in a report on Thursday, May 18th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $38.13.

Main Street Capital Corporation (MAIN) traded up 0.41% on Friday, reaching $38.99. 217,236 shares of the company traded hands. The stock’s 50-day moving average is $38.82 and its 200-day moving average is $37.63. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 13.50 and a beta of 1.05. Main Street Capital Corporation has a 1-year low of $31.72 and a 1-year high of $40.86.

Main Street Capital Corporation (NYSE:MAIN) last announced its earnings results on Thursday, May 4th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The company had revenue of $47.90 million during the quarter, compared to analyst estimates of $47.24 million. Main Street Capital Corporation had a net margin of 83.34% and a return on equity of 10.01%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.54 earnings per share. Equities research analysts expect that Main Street Capital Corporation will post $2.26 EPS for the current year.

The company also recently declared a monthly dividend, which will be paid on Friday, September 15th. Shareholders of record on Monday, August 21st will be given a $0.185 dividend. The ex-dividend date is Thursday, August 17th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 5.69%. Main Street Capital Corporation’s payout ratio is currently 76.82%.

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About Main Street Capital Corporation

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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