Wall Street brokerages expect Main Street Capital Co. (NYSE:MAIN) to post earnings of $0.58 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Main Street Capital’s earnings, with the lowest EPS estimate coming in at $0.57 and the highest estimate coming in at $0.59. 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 1.8%. The firm is scheduled to report its next earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Main Street Capital will report full year earnings of $2.33 per share for the current year, with EPS estimates ranging from $2.32 to $2.35. For the next financial year, analysts anticipate that the business will report earnings of $2.36 per share, with EPS estimates ranging from $2.28 to $2.42. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Main Street Capital.

Main Street Capital (NYSE:MAIN) last released its earnings results on Thursday, November 2nd. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.03. The company had revenue of $51.79 million for the quarter, compared to analyst estimates of $50.89 million. Main Street Capital had a net margin of 79.87% and a return on equity of 10.14%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS.

Several research analysts have recently weighed in on MAIN shares. Zacks Investment Research lowered shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Raymond James Financial upgraded shares of Main Street Capital from an “underperform” rating to a “market perform” rating in a report on Tuesday, November 7th. National Securities reiterated a “sell” rating and set a $33.00 price objective on shares of Main Street Capital in a report on Monday, November 6th. BidaskClub upgraded shares of Main Street Capital from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, ValuEngine upgraded shares of Main Street Capital from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Main Street Capital presently has a consensus rating of “Hold” and a consensus price target of $39.15.

Main Street Capital (NYSE:MAIN) opened at $39.97 on Tuesday. The stock has a market cap of $2,270.00, a PE ratio of 17.37 and a beta of 1.04. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.20. Main Street Capital has a 1-year low of $35.25 and a 1-year high of $41.79.

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be given a dividend of $0.19 per share. This represents a $2.28 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, January 18th. Main Street Capital’s dividend payout ratio (DPR) is presently 80.57%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new stake in Main Street Capital during the 2nd quarter worth approximately $119,000. US Bancorp DE increased its position in Main Street Capital by 15.6% during the 2nd quarter. US Bancorp DE now owns 3,707 shares of the financial services provider’s stock worth $143,000 after purchasing an additional 500 shares in the last quarter. JPMorgan Chase & Co. increased its position in Main Street Capital by 59.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,648 shares of the financial services provider’s stock worth $184,000 after purchasing an additional 1,727 shares in the last quarter. Good Life Advisors LLC acquired a new stake in Main Street Capital during the 3rd quarter worth approximately $203,000. Finally, GSA Capital Partners LLP acquired a new stake in Main Street Capital during the 3rd quarter worth approximately $208,000. 27.23% of the stock is owned by hedge funds and other institutional investors.

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About Main Street Capital

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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