Date | Price Target | Rating | Analyst |
---|---|---|---|
1/8/2024 | $47.00 | Buy → Neutral | B. Riley Securities |
6/30/2023 | $45.00 | Market Perform → Outperform | Hovde Group |
12/19/2022 | $40.00 | Neutral | UBS |
12/12/2022 | $42.00 | Buy | B. Riley Securities |
8/8/2022 | Outperform → Mkt Perform | Raymond James | |
3/7/2022 | $44.00 | Market Perform | Hovde Group |
11/9/2021 | $45.00 → $48.00 | Outperform | RBC Capital |
11/8/2021 | $44.00 → $47.00 | Outperform | Raymond James |
Partnership to Accelerate Future Growth and Innovation of MoneyThumb's SaaS Document Evaluation Technology SAN DIEGO, Aug. 29, 2024 /PRNewswire/ -- MoneyThumb, a leader in automated document evaluation and fraud detection solutions announced today that it has been acquired by Iron Creek Partners LLC ("Iron Creek"), a private investment firm with a focus on investments in the software, data, communications, and business services industries. Iron Creek led the investment group, which also included Main Street Capital Corporation (NYSE:MAIN). The transaction will provide growth capital to help meet MoneyThumb's strong industry demand, which has recently produced 100% year-over-year annual growt
Invests $11.2 Million in Recapitalization of MoneyThumb, Inc. HOUSTON, Aug. 29, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $11.2 million to facilitate the majority recapitalization of MoneyThumb, Inc. ("MoneyThumb" or the "Company"), a leading software-as-a-service provider of financial file conversion, reconciliation and analysis software to end customers primarily in the merchant cash advance ("MCA") and accounting industries. Main Street, along with its co-investor, partnered with Iron Creek Partners, LLC, the majority equity investor in the recapitalization transac
Second Quarter 2024 Net Investment Income of $1.01 Per Share Second Quarter 2024 Distributable Net Investment Income(1) of $1.07 Per Share Net Asset Value of $29.80 Per Share HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce its financial results for the second quarter ended June 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries. Second Quarter 2024 Highlights Net investment income of $87.3 million (or $1.01 per share)Distributable net investment income(1) of $92.3 million (or $1.07 per share)Total inve
FWP - Main Street Capital CORP (0001396440) (Subject)
10-Q - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
Preliminary Estimates of Second Quarter 2024 Results Main Street's preliminary estimate of second quarter 2024 net investment income ("NII") is $1.00 to $1.02 per share and distributable net investment income ("DNII") is $1.06 to $1.08 per share.(1) Main Street's preliminary estimate of net asset value ("NAV") per share as of June 30, 2024 is $29.77 to $29.83, representing an increase of $0.23 to $0.29 per share, or 0.8% to 1.0%, from the NAV per share of $29.54 as of March 31, 2024, with this increase after the impact of the supplemental dividend paid in June 2024 of $0.30 per share. The estimated increase in NAV per share is primarily due to the net fair value increase on the investment
Main Street Capital's (NYSE:MAIN) short percent of float has risen 6.03% since its last report. The company recently reported that it has 3.48 million shares sold short, which is 4.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.67 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
B. Riley Securities analyst Bryce Rowe maintains Main Street Capital (NYSE:MAIN) with a Neutral and raises the price target from $47 to $49.
Second Quarter 2024 Net Investment Income of $1.01 Per Share Second Quarter 2024 Distributable Net Investment Income(1) of $1.07 Per Share Net Asset Value of $29.80 Per Share HOUSTON, Aug. 8, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce its financial results for the second quarter ended June 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated subsidiaries. Second Quarter 2024 Highlights Net investment income of $87.3 million (or $1.01 per share)Distributable net investment income(1) of $92.3 million (or $1.07 per share)Total inve
Announces Second Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, July 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the second quarter of 2024 and its second quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the second quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased with our performance in the second quarter, which resulted in another quarter of strong operating results, including a new record for net asset value per share for the eighth consecut
Invests $36.9 Million in Nello Industries Investco, LLC Generates $10.4 Million Realized Gain From the Partial Exit of Investments in a Lower Middle Market Portfolio Company HOUSTON, June 11, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $36.9 million to facilitate the management led buyout of Nello Industries, LLC ("Nello" or the "Company"), a manufacturer of engineered poles and towers for electric utility, telecommunications and other related wireless and electric transmission infrastructure applications. Main Street, along with its co-investor, partnered with the Compa
B. Riley Securities downgraded Main Street Capital from Buy to Neutral and set a new price target of $47.00
Hovde Group upgraded Main Street Capital from Market Perform to Outperform and set a new price target of $45.00
UBS initiated coverage of Main Street Capital with a rating of Neutral and set a new price target of $40.00