MAIN Stock Overview
Main Street Capital Corporation is a private equity firm specializes in equity capital to lower middle market companies.
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Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.96|
|52 Week High||US$47.13|
|52 Week Low||US$35.30|
|1 Month Change||-14.77%|
|3 Month Change||-16.14%|
|1 Year Change||-12.34%|
|3 Year Change||-11.54%|
|5 Year Change||-6.65%|
|Change since IPO||139.73%|
Recent News & Updates
Main Street Capital: Why Your Kingdom Can Use This High-Yielder
MAIN continues to demonstrate respectable growth, with record DNII/share and continued NAV/share growth. MAIN is well positioned for further growth, maintaining a strong balance sheet and having a burgeoning asset management business. I also highlight the dividend, valuation, and other points worth considering.
|MAIN||US Capital Markets||US Market|
Return vs Industry: MAIN exceeded the US Capital Markets industry which returned -14.6% over the past year.
Return vs Market: MAIN matched the US Market which returned -12.9% over the past year.
|MAIN Average Weekly Movement||4.5%|
|Capital Markets Industry Average Movement||0.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: MAIN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MAIN's weekly volatility (4%) has been stable over the past year.
About the Company
Main Street Capital Corporation is a private equity firm specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing.
Main Street Capital Fundamentals Summary
|MAIN fundamental statistics|
Is MAIN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAIN income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||4.64|
|Net Profit Margin||110.79%|
How did MAIN perform over the long term?See historical performance and comparison
7.4%Current Dividend Yield
Does MAIN pay a reliable dividends?See MAIN dividend history and benchmarks
|Main Street Capital dividend dates|
|Ex Dividend Date||Jun 01 2022|
|Dividend Pay Date||Jun 15 2022|
|Days until Ex dividend||9 days|
|Days until Dividend pay date||23 days|
Does MAIN pay a reliable dividends?See MAIN dividend history and benchmarks
Is Main Street Capital undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MAIN ($35.96) is trading below our estimate of fair value ($39.38)
Significantly Below Fair Value: MAIN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MAIN is good value based on its PE Ratio (7.8x) compared to the US Capital Markets industry average (30.8x).
PE vs Market: MAIN is good value based on its PE Ratio (7.8x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: MAIN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MAIN is overvalued based on its PB Ratio (1.4x) compared to the US Capital Markets industry average (-17.2x).
How is Main Street Capital forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAIN's earnings are forecast to decline over the next 3 years (-7.7% per year).
Earnings vs Market: MAIN's earnings are forecast to decline over the next 3 years (-7.7% per year).
High Growth Earnings: MAIN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MAIN's revenue (11.1% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: MAIN's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MAIN's Return on Equity is forecast to be high in 3 years time
How has Main Street Capital performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAIN has a high level of non-cash earnings.
Growing Profit Margin: MAIN's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: MAIN's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: MAIN's earnings growth over the past year (31.2%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: MAIN earnings growth over the past year (31.2%) underperformed the Capital Markets industry 98.3%.
Return on Equity
High ROE: MAIN's Return on Equity (18.1%) is considered low.
How is Main Street Capital's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAIN's short term assets ($82.7M) exceed its short term liabilities ($55.0M).
Long Term Liabilities: MAIN's short term assets ($82.7M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: MAIN's net debt to equity ratio (95.9%) is considered high.
Reducing Debt: MAIN's debt to equity ratio has increased from 63.8% to 96.8% over the past 5 years.
Debt Coverage: MAIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MAIN's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Main Street Capital current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MAIN's dividend (7.38%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: MAIN's dividend (7.38%) is in the top 25% of dividend payers in the US market (4.11%)
Stability and Growth of Payments
Stable Dividend: MAIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAIN's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), MAIN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MAIN is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dwayne Hyzak (48 yo)
Mr. Dwayne Louis Hyzak, CPA, serves as Director at Gulf Publishing Holdings LLC. He serves as Chief Executive Officer, Senior Managing Director and Chairman of the Board at MSC Income Fund, Inc. (formerly...
CEO Compensation Analysis
Compensation vs Market: Dwayne's total compensation ($USD5.03M) is about average for companies of similar size in the US market ($USD6.86M).
Compensation vs Earnings: Dwayne's compensation has increased by more than 20% in the past year.
Experienced Management: MAIN's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: MAIN's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAIN insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.
Main Street Capital Corporation's employee growth, exchange listings and data sources
- Name: Main Street Capital Corporation
- Ticker: MAIN
- Exchange: NYSE
- Founded: 2007
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$2.624b
- Shares outstanding: 72.98m
- Website: https://www.mainstcapital.com
Number of Employees
- Main Street Capital Corporation
- 1300 Post Oak Boulevard
- 8th Floor
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.