Main Street Capital Corporation is a private equity firm specializes in equity capital to lower middle market companies. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. The firm typically invests in lower middle market companies generally with annual revenues between $10 million and $150 million. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It makes majority and minority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas.
IPO Year: 2007
Exchange: NYSE
Website: mainstcapital.com
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 |
10/5/2021 | $39.00 | Perform | Oppenheimer |
10/5/2021 | Perform | Oppenheimer |
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
4 - Main Street Capital CORP (0001396440) (Issuer)
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
B. Riley Securities initiated coverage of Main Street Capital with a rating of Buy and set a new price target of $42.00
Raymond James downgraded Main Street Capital from Outperform to Mkt Perform
Hovde Group initiated coverage of Main Street Capital with a rating of Market Perform and set a new price target of $44.00
RBC Capital reiterated coverage of Main Street Capital with a rating of Outperform and set a new price target of $48.00 from $45.00 previously
Raymond James reiterated coverage of Main Street Capital with a rating of Outperform and set a new price target of $47.00 from $44.00 previously
Oppenheimer initiated coverage of Main Street Capital with a rating of Perform and set a new price target of $39.00
Oppenheimer initiated coverage of Main Street Capital with a rating of Perform
8-K - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
FWP - Main Street Capital CORP (0001396440) (Subject)
10-Q - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
40-17G - Main Street Capital CORP (0001396440) (Filer)
8-K - Main Street Capital CORP (0001396440) (Filer)
Announces Federal Tax Treatment of 2024 Dividends Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule HOUSTON, Jan. 16, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2024, the federal tax treatment of its dividends paid in 2024 and its fourth quarter and full year 2024 earnings release and conference call schedule. In commenting on the Company's preliminary operating results for the fourth quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are extremely pleased with our continued strong
Generates $53.7 Million Realized Gain from Exit of Equity Investment in Pearl Meyer & Partners, LLC HOUSTON, Jan. 7, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently fully exited its debt and equity investments in Pearl Meyer & Partners, LLC ("Pearl Meyer" or the "Company") upon the completion of a majority recapitalization with a new financial sponsor. Founded in 1989, Pearl Meyer is the leading provider of executive compensation and leadership & development consulting services to a broad client base comprised of public company boards of directors, executive management teams, financial sponsors and private companies ope
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Third Quarter 2024 Net Investment Income of $1.00 Per Share Third Quarter 2024 Distributable Net Investment Income(1) of $1.06 Per Share Net Asset Value of $30.57 Per Share HOUSTON, Nov. 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce its financial results for the third quarter ended September 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. Third Quarter 2024 Highlights Net investment income of $87.6 million (or $1.00 per share)Distributable net investment income(1) of $93.0 million (or $1.06 per share)Total inv
Announces Third Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, Oct. 15, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2024 and its third quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the third quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased with our performance in the third quarter, which resulted in another quarter of strong operating results, including a new record for net asset value per share for the ninth consecutive qu
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
First Quarter 2024 Net Investment Income of $1.05 Per Share First Quarter 2024 Distributable Net Investment Income(1) of $1.11 Per Share Net Asset Value of $29.54 Per Share HOUSTON, May 9, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce its financial results for the first quarter ended March 31, 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. First Quarter 2024 Highlights Net investment income of $89.8 million (or $1.05 per share)Distributable net investment income(1) of $94.4 million (or $1.11 per share)Total investme
Announces First Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, April 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2024 and its first quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the first quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are extremely pleased with our performance in the first quarter, which resulted in continued strong operating results, including a new record for net asset value per share for the seventh consecutiv
Announces Federal Tax Treatment of 2024 Dividends Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule HOUSTON, Jan. 16, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2024, the federal tax treatment of its dividends paid in 2024 and its fourth quarter and full year 2024 earnings release and conference call schedule. In commenting on the Company's preliminary operating results for the fourth quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are extremely pleased with our continued strong
HOUSTON, Jan. 9, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the fourth quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio of $123.4 million and funded total investments across its private loan portfolio with a cost basis totaling $108.0 million. The following represent notable new private loan commitments and investments during the fourth quarter of 2024: $42.3 million in a first lien senior secured loan, $8.5 million in a first lien senior secured revolver and $12.7 million in a first lien senior secured delayed dra
Generates $53.7 Million Realized Gain from Exit of Equity Investment in Pearl Meyer & Partners, LLC HOUSTON, Jan. 7, 2025 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently fully exited its debt and equity investments in Pearl Meyer & Partners, LLC ("Pearl Meyer" or the "Company") upon the completion of a majority recapitalization with a new financial sponsor. Founded in 1989, Pearl Meyer is the leading provider of executive compensation and leadership & development consulting services to a broad client base comprised of public company boards of directors, executive management teams, financial sponsors and private companies ope
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Invests an Additional $30.8 Million in Gamber-Johnson Holdings, LLC to Support Acquisition HOUSTON, Dec. 3, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently completed a follow-on investment in an existing portfolio company. Main Street, along with its co-investor, made the follow-on investment in Gamber-Johnson Holdings, LLC ("Gamber-Johnson" or the "Company") to support the Company's strategic acquisition of a manufacturer specializing in products for law enforcement and aftermarket truck accessories. Main Street, along with its co-investor, facilitated the transaction, with Main Street's follow-on investment consisting
Third Quarter 2024 Net Investment Income of $1.00 Per Share Third Quarter 2024 Distributable Net Investment Income(1) of $1.06 Per Share Net Asset Value of $30.57 Per Share HOUSTON, Nov. 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce its financial results for the third quarter ended September 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. Third Quarter 2024 Highlights Net investment income of $87.6 million (or $1.00 per share)Distributable net investment income(1) of $93.0 million (or $1.06 per share)Total inv
Regular Monthly Dividends of $0.25 Per Share for each of January, February and March 2025 Monthly Dividends Represent a 2.0% Increase Compared to Fourth Quarter 2024 and a 4.2% Increase Compared to First Quarter 2024 Supplemental Dividend of $0.30 Per Share Payable in December 2024 HOUSTON, Nov. 5, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, February and March 2025. These monthly dividends, which will be payable pursuant to the table below, total $0.75 per share for the first quarter of 2025 and represent a 2.0% increase from
Invests $41.4 Million in Connect Telecommunications Solutions Inc. HOUSTON, Oct. 16, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment totaling $41.4 million to facilitate the minority recapitalization of Connect Telecommunications Solutions Inc. ("Connect" or the "Company"), a leading value-added distributor of fiber management solutions to the Canadian telecommunications industry. Main Street, along with its co-investor, partnered with the Company's founders to facilitate the transaction, with Main Street's investment including a combination of first-lien, senior secured term debt an
Announces Third Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, Oct. 15, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2024 and its third quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the third quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased with our performance in the third quarter, which resulted in another quarter of strong operating results, including a new record for net asset value per share for the ninth consecutive qu
HOUSTON, Oct. 10, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE:MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the third quarter of 2024, Main Street originated new or increased commitments in its private loan portfolio of $270.3 million and funded total investments across its private loan portfolio with a cost basis totaling $309.3 million. The following represent notable new private loan commitments and investments during the third quarter of 2024: $77.2 million in a first lien senior secured loan and $8.3 million in a first lien senior secured revolver to a tech-enabled marketing solutions provider offering se