MAIN - Main Street Capital Corporation

NYSE - NYSE Delayed Price. Currency in USD
37.41
+0.22 (+0.59%)
At close: 4:02PM EDT
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Previous Close37.19
Open37.15
Bid36.70 x 800
Ask40.30 x 1200
Day's Range37.04 - 37.85
52 Week Range31.95 - 40.77
Volume223,595
Avg. Volume277,444
Market Cap2.315B
Beta (3Y Monthly)0.81
PE Ratio (TTM)13.38
EPS (TTM)2.80
Earnings DateMay 1, 2019 - May 6, 2019
Forward Dividend & Yield2.40 (6.45%)
Ex-Dividend Date2019-04-17
1y Target Est39.00
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of MAIN earnings conference call or presentation 1-Mar-19 3:00pm GMT

    Q4 2018 Main Street Capital Corp Earnings Call

  • GlobeNewswire20 days ago

    New Research Coverage Highlights Callaway Golf, General Electric, Ares Management, Main Street Capital, Public Storage, and Viavi Solutions — Consolidated Revenues, Company Growth, and Expectations for 2019

    NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Should You Invest in the VanEck Vectors BDC Income ETF (BIZD)?
    Zacks21 days ago

    Should You Invest in the VanEck Vectors BDC Income ETF (BIZD)?

    Sector ETF report for BIZD

  • GuruFocus.com24 days ago

    Main Street Capital Corp (MAIN) Files 10-K for the Fiscal Year Ended on December 31, 2018

    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 dividend yield of Main Street Capital Corp stocks is 6.01%. Main Street Capital Corp had annual average EBITDA growth of 12.20% over the past ten years.

  • PR Newswire25 days ago

    Main Street to Participate in the Raymond James - 40th Annual Institutional Investors Conference

    HOUSTON , March 1, 2019 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that members of its senior management team are scheduled to participate ...

  • Main Street Capital Corp (MAIN) Q4 2018 Earnings Conference Call Transcript
    Motley Fool25 days ago

    Main Street Capital Corp (MAIN) Q4 2018 Earnings Conference Call Transcript

    MAIN earnings call for the period ending December 31, 2018.

  • PR Newswire26 days ago

    Main Street Announces 2018 Fourth Quarter And Annual Results

    Fourth Quarter 2018 Net Investment Income Increased to $0.69 Per Share Fourth Quarter 2018 Distributable Net Investment Income Increased to $0.72 Per Share HOUSTON , Feb. 28, 2019 /PRNewswire/ -- Main ...

  • Can Rising Rates Support Main Street's (MAIN) Q4 Earnings?
    Zacks27 days ago

    Can Rising Rates Support Main Street's (MAIN) Q4 Earnings?

    Rise in loans and higher interest rates will likely support Main Street's (MAIN) Q4 earnings.

  • PR Newswire27 days ago

    Main Street Announces Regular Monthly Dividend Increase

    HOUSTON, Feb. 27, 2019 /PRNewswire/ -- Main Street Capital Corporation (MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.20 per share for each of April, May and June 2019.  These monthly dividends, which will be payable pursuant to the table below, total $0.60 per share for the second quarter of 2019 and represent a 5.3% increase from the regular monthly dividends paid for the second quarter of 2018 and a 2.6% increase from the regular monthly dividends declared for the first quarter of 2019.

  • Analysts Estimate Main Street Capital (MAIN) to Report a Decline in Earnings: What to Look Out for
    Zackslast month

    Analysts Estimate Main Street Capital (MAIN) to Report a Decline in Earnings: What to Look Out for

    Main Street Capital (MAIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • MoneyShowlast month

    Three High-Yield Stocks with Monthly Dividends

    My investment plan is to focus on owning higher yield dividend stocks with potential for dividend growth; here are three that have monthly dividends, suggests Tim Plaehn, editor of The Dividend Hunter.

  • PR Newswire2 months ago

    Main Street Announces New Portfolio Investment and Exit of Portfolio Investment

    Invests $10.7 Million in CompareNetworks, Inc. and Generates $4.0 Million Realized Gain from Exit of Investment in Boss Industries, LLC HOUSTON , Feb. 6, 2019 /PRNewswire/ --   Main Street Capital Corporation ...

  • 3 Monthly Dividend Stocks to Buy That Beat Back Inflation
    InvestorPlace2 months ago

    3 Monthly Dividend Stocks to Buy That Beat Back Inflation

    The vast number of U.S.-listed stocks that pay dividends do so on a quarterly basis. Beyond the borders of the nation, many dividend-paying stocks stretch out their distributions to bi-annual or even annual payments. Their argument is that the company does its business and after their fiscal year is wrapped up -- only then should the cash crumbs be spread out to the pesky shareholders. But that's not how the folks residing in the C-Suites see it when it comes to their own remunerations. They prefer to pay themselves every so-many weeks with bonuses and other perks throughout the year. But there is a collection of companies that don't see shareholders as a burden -- but rather as the rightful owners of the company. And as such, they are paid monthly dividends -- often with rising levels of distributions for attractive dividend yields. Moreover, the dividends paid are ample, more than enough to cover the meager level of inflation in the U.S. economy. And that's a low bar. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Because with the core Personal Consumption Expenditure (PCE) Index running at 1.88% -- which measures the overall consumer spending cost changes in the U.S. economy and not just a constructed market basket like the Consumer Price Index (CPI) - inflation is firmly at bay for now and the foreseeable future. * 10 Smart Money Stocks to Buy for the Rest of the Year Click to Enlarge Source: Bloomberg And it's also worth noting that this is the measure that the Federal Reserve Bank uses for inflation measurements, which it would like to see it above 2% in a healthy economy. There are varying industries that have companies paying monthly dividends. But they tend to be in businesses that are "cash cows," providing dependable profits from which distributions can be paid. I've assembled a nice collection of companies that you can select to bump up your own portfolio's cash payouts with regular to rising monthly dividends. ### Main Street Comes to Wall Street Main Street Capital Corporation (NYSE:MAIN) is set up as a Business Development Company (BDC), which is codified under U.S. tax law under the Small Business Investment Incentive Act of 1980. This act passed by Congress and signed by then-President Jimmy Carter came as the U.S. economy was in a pickle. Inflation was a problem and banks were reticent to lend to small to middle-market companies. They were concerned about the inflation risk of fixed lending facilities as well as the underlying credit risks in the business sector. The result is that the Act extended the Investment Companies Act of 1940 that enabled non-bank companies to be formed that would be largely exempt from corporate income taxes if they made loans and equity participation investments in small- to middle-market companies. Therefore, they would be passthrough securities with investors getting paid the majority of profits that could also come with passthrough tax deductions to shield their individual current income tax liabilities. Main Street makes loans with some additional equity participation to companies in the $10 to $100 million dollar revenue range. This is exactly what the U.S. market needs as many of the traditional middle-market commercial bank lenders have largely been sidelined thanks to onerous regulatory and capital rules stemming from legislative and administrative responses to the post 2007-2008 financial mess. And while there's been a great deal of regulatory and legislative reforms during 2018, many of the skilled lender talent has left traditional banks and, in turn, they've been found in Main Street and other non-bank lenders. Main Street gets to make loans with less regulatory and compliance costs. The result is that its efficiency ratio (a prime measure of the cost to earn each dollar of revenue is a fraction of middle-market lending banks. This means that its costs are lower and profitability is much higher. Revenues are rising with gains running at an annual basis of 13.49% on average over the past three years. The revenues and profitability fuel a rising dividend distribution, which has been climbing by an average annual rate of 4.06 over the past five years. And with a monthly payout yielding 6.41% Main Street is a great start to getting monthly dividend payouts. ### A Triple Net Winner EPR Properties (NYSE:EPR) is a real estate investment trust (REIT) that focuses on a very risk-controlled and efficient way to profit from real estate assets known as longer-term, triple net leases. Triple net leases are leases that are made to corporate tenants that are not only responsible for lease payments but also for taxes, insurance and general maintenance -- hence the term "triple". This means that EPR acquires properties that have little additional costs over their leased lifespans. This means less management cost as well as less risk of uncertainty over the lease term for costs to keep up the properties as well as risks of higher taxes or changes in insurance costs. The benefits of this means that EPR can run more efficiently in its operations with lower provisions for cost challenges for its portfolio of properties. This means more certainty in cash flows from its portfolio of properties, which in turn supports more stable revenues for monthly dividend payouts. EPR focuses on educational properties, entertainment facilities and resort properties and facilities. So that kids are educated and they, in turn, can be entertained with family members either locally or on holidays. The educational properties involve those that are contracted by early educational centers as well as charter schools and private schools. These provide stable reliable tenants that commit to long-term leases that are likely to be renewed to attract and keep their student populations. The entertainment facilities are largely leased to movie megaplex theaters from national and international chains with ample branding. These are in major markets with ample demand supporting longer-term commitments for the properties. The resorts and facilities include a variety of activities that range from major ski resorts including Camelback Mountain as well as golf courses and resorts including from operator, TopGolf. And EPR also owns a collection of water parks in prime locations. All of these benefit from the consumer trend of experience spending, which supports longer-term commitments from the operators of the properties and facilities. * 7 S&P 500 Stocks That Need a New CEO All in all, the properties of EPR have been increasing revenues significantly with average annual gains running at 14.37% for the past three years alone. The triple net leases from the properties with longer-term leases continue to support significant dividend distributions. The distributions continue to rise by an average annual basis of 6.28%. And with a current yield of 6.21%, EPR is a great monthly dividend payer. ### The Right Retail Mention retailers and many investors will think that they are doomed by the likes of Amazon (NASDAQ:AMZN) and other online behemoths. But not all retail can be replaced by a website and a few clicks. In fact, one of the more pervasive of retail space in nearly every significant city and town in America actually benefits from the surge of online shopping. That would be FedEx (NYSE:FDX), which operates thousands of stores that provide the ability to send back many of those returns from online spending sprees of American households. Then there's another retail space that gets attention each year at the start of the year and continues through the months until year-end. Gyms are always in demand. Either for those that need or want to lose extra pounds or those that want to keep them off while staying in better health -- gyms are a reliable part of the American retail space. And one of the leaders in this retail market space is LA Fitness. Then we have the company that is one of the major go-to retailers when it comes to picking up or having prescription drugs delivered. Walgreens Boots Alliance (NASDAQ:WBA) is one of the leaders in local pharmacies that is also a prime place to visit to pick up last minute items for health, beauty, food and household goods that just can't always be fulfilled by the online space even Amazon's Amazon Now. And one of the other prime retail spaces that's also a defense against online vendors is the super-discounted dollar stores. These stores are found in urban, suburban and rural areas where they provide bargain buys that are made by all kinds of consumers on a regular basis. They tend to have sticky and reliable customers making for good retail space. And two of the leaders include Dollar General (NYSE:DG) and Family Dollar (NYSE:DLTR). What do the five companies all have in common? They are all long-term triple-net lease customers of Realty Income Corporation (NYSE:O). Realty Income is set up as a real estate investment trust (REIT) which has its top tenants represented by the above companies amongst its thousands of properties across the American marketplace. Revenues are rising across the portfolio with gains running on an average annual basis of 9.21% over the past three years alone. This supports a nice monthly dividend distribution that continues to be raised by Realty Income by an average annual rate of 3.92% over the past five years alone. With a current dividend yield of 4.07%, O stock makes for a great inflation-trouncing monthly dividend-payer and rounds out my collection for your portfolio. All My Best, Neil George Editor, Profitable Investing ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy for the Rest of the Year * 10 Best Consumer Stocks to Buy in 2019 * 10 Triple-A Stocks to Buy in February Compare Brokers The post 3 Monthly Dividend Stocks to Buy That Beat Back Inflation appeared first on InvestorPlace.

  • PR Newswire2 months ago

    Main Street Announces Preliminary Estimate of Fourth Quarter 2018 Results

    Announces Federal Tax Treatment of 2018 Dividends Announces Fourth Quarter and Full Year 2018 Earnings Release and Conference Call Schedule HOUSTON , Jan. 17, 2019 /PRNewswire/ -- Main Street Capital Corporation ...

  • GlobeNewswire2 months ago

    New Research: Key Drivers of Growth for Main Street Capital, Northrop Grumman, Verisk Analytics, Celanese, FormFactor, and Kopin — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Jan. 16, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Markit2 months ago

    See what the IHS Markit Score report has to say about Main Street Capital Corp.

    # Main Street Capital Corp ### NYSE:MAIN View full report here! ## Summary * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for MAIN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive Asset inflows and outflows over the last month have been identical. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • PR Newswire3 months ago

    Main Street Capital invests in Centre Technologies to boost enhanced enterprise IT solutions for Texas businesses

    HOUSTON , Jan. 8, 2019 /PRNewswire/ -- Leading technology provider Centre Technologies is pleased to announce a new business partnership with Texas investment firm Main Street Capital Corporation (NYSE: ...

  • PR Newswire3 months ago

    Main Street Announces New Portfolio Investment

    HOUSTON , Jan. 8, 2019 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently led a new portfolio investment to facilitate the minority ...

  • PR Newswire4 months ago

    Main Street Issues Reminder Regarding Upcoming Dividend Activity

    HOUSTON , Dec. 6, 2018 /PRNewswire/ -- As previously announced on October 11, 2018 , Main Street Capital Corporation (NYSE: MAIN) ("Main Street") will pay a semi-annual supplemental cash dividend ...

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of MAIN earnings conference call or presentation 2-Nov-18 2:00pm GMT

    Q3 2018 Main Street Capital Corp Earnings Call

  • PR Newswire4 months ago

    Main Street's Board of Directors Elects Dwayne L. Hyzak as Chief Executive Officer

    Vincent D. Foster Continues as Executive Chairman and David L. Magdol Promoted to President HOUSTON , Nov. 16, 2018 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") ...