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Main Street Announces Follow-On Investment
PRNewswire (Tue, 19-Mar 7:00 AM ET)
MAIN STREET ANNOUNCES 2023 FOURTH QUARTER AND ANNUAL RESULTS
PRNewswire (Thu, 22-Feb 4:15 PM ET)
Main Street Announces Participation in Upcoming Institutional Investor Conferences
PRNewswire (Thu, 22-Feb 7:00 AM ET)
PRNewswire (Wed, 21-Feb 7:00 AM ET)
Main Street Announces New Portfolio Investment
PRNewswire (Tue, 20-Feb 7:00 AM ET)
Main Street Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results
PRNewswire (Wed, 17-Jan 7:00 AM ET)
Main Street Announces Fourth Quarter 2023 Private Loan Portfolio Activity
PRNewswire (Tue, 16-Jan 7:00 AM ET)
Main Street Prices Public Offering of $350 Million of 6.95% Notes due 2029
PRNewswire (Wed, 10-Jan 5:25 PM ET)
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 investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancing's, and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants, and other securities of the lower middle market and middle market companies based in the United States. Business functioned through the U.S. region and it derives the majority of its income from the source of fees, commission, and interest.
Main Street Capital trades on the NYSE stock market under the symbol MAIN.
As of March 28, 2024, MAIN stock price climbed to $47.31 with 383,695 million shares trading.
MAIN has a beta of 0.57, meaning it tends to be less sensitive to market movements. MAIN has a correlation of 0.26 to the broad based SPY ETF.
MAIN has a market cap of $4.02 billion. This is considered a Mid Cap stock.
Last quarter Main Street Capital reported $129 million in Revenue and $1.12 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.09.
In the last 3 years, MAIN stock traded as high as $47.38 and as low as $31.66.
The top ETF exchange traded funds that MAIN belongs to (by Net Assets): BIZD, PBDC, VPC, TMSL.
MAIN stock has underperformed the market in the last year with a return of +29.3%, while SPY returned +33.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MAIN shares. However, MAIN has outperformed the market in the last 3 month and 2 week periods, returning +11.3% and +3.1%, while SPY returned +10.1% and +1.7%, respectively. This indicates MAIN has been having a stronger performance recently.
MAIN support price is $46.46 and resistance is $47.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAIN stock will trade within this expected range on the day.