Equities analysts predict that Main Street Capital Co. (NYSE:MAIN) will post sales of $52.34 million for the current quarter, according to Zacks. Three analysts have made estimates for Main Street Capital’s earnings. The lowest sales estimate is $51.38 million and the highest is $52.98 million. Main Street Capital reported sales of $46.83 million in the same quarter last year, which indicates a positive year over year growth rate of 11.8%. The company is scheduled to announce its next quarterly earnings report on Thursday, February 22nd.

On average, analysts expect that Main Street Capital will report full year sales of $52.34 million for the current year, with estimates ranging from $201.32 million to $202.93 million. For the next financial year, analysts forecast that the business will post sales of $223.31 million per share, with estimates ranging from $210.97 million to $231.49 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that that provide coverage for Main Street Capital.

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

Several brokerages recently commented on MAIN. Zacks Investment Research downgraded shares of Main Street Capital from a “buy” rating to a “hold” rating in a report on Wednesday. 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. BidaskClub upgraded shares of Main Street Capital from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Finally, National Securities reiterated a “sell” rating and issued a $33.00 target price on shares of Main Street Capital in a report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $39.18.

Several large investors have recently bought and sold shares of MAIN. Tower Research Capital LLC TRC bought a new position in shares of Main Street Capital during the 2nd quarter worth about $119,000. JPMorgan Chase & Co. increased its holdings in shares of 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 during the period. Good Life Advisors LLC bought a new position in shares of Main Street Capital during the 3rd quarter worth about $203,000. GSA Capital Partners LLP bought a new position in shares of Main Street Capital during the 3rd quarter worth about $208,000. Finally, Stifel Financial Corp bought a new position in shares of Main Street Capital during the 2nd quarter worth about $231,000. Institutional investors own 27.05% of the company’s stock.

Main Street Capital (NYSE MAIN) traded down $0.69 during mid-day trading on Wednesday, hitting $38.62. 597,700 shares of the company traded hands, compared to its average volume of 351,733. The firm has a market cap of $2,180.00, a price-to-earnings ratio of 13.65 and a beta of 1.04. Main Street Capital has a 1-year low of $35.25 and a 1-year high of $41.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.10 and a current ratio of 0.10.

The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $2.28 annualized dividend and a yield of 5.90%. Main Street Capital’s dividend payout ratio (DPR) is presently 80.57%.

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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.

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