Sentiment Report: Main Street Capital Corp (NYSE:MAIN)

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Sentiment for Main Street Capital Corp (NYSE:MAIN)

Main Street Capital Corp (NYSE:MAIN) institutional sentiment decreased to 0.98 in Q4 2018. Its down -0.65, from 1.63 in 2018Q3. The ratio has worsened, as 64 active investment managers increased and started new equity positions, while 65 decreased and sold equity positions in Main Street Capital Corp. The active investment managers in our partner’s database reported: 12.10 million shares, up from 11.91 million shares in 2018Q3. Also, the number of active investment managers holding Main Street Capital Corp in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 18 Reduced: 47 Increased: 44 New Position: 20.

Main Street Capital Corporation is a business development firm specializing in long- term equity and debt investments in small and lower middle market companies. The company has market cap of $2.30 billion. The firm focuses on investments in, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, change of control transactions, ownership transitions, recapitalizations, strategic acquisitions, refinancing, business expansion capital, growth financings, family estate planning, and other growth initiatives primarily for later stage businesses. It has a 13.31 P/E ratio. It invests in consumer discretionary, consumer staples, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities sectors.

The stock decreased 0.43% or $0.16 during the last trading session, reaching $37.2. About 223,648 shares traded. Main Street Capital Corporation (NYSE:MAIN) has risen 8.74% since March 31, 2018 and is uptrending. It has outperformed by 4.37% the S&P500.

Analysts await Main Street Capital Corporation (NYSE:MAIN) to report earnings on May, 2. They expect $0.63 EPS, 0.00 % or $0.00 from last year’s $0.63 per share. MAIN’s profit will be $38.99 million for 14.76 P/E if the $0.63 EPS becomes a reality. After $0.69 actual EPS reported by Main Street Capital Corporation for the previous quarter, Wall Street now forecasts -8.70 % negative EPS growth.

Muzinich & Co. Inc. holds 7.01% of its portfolio in Main Street Capital Corporation for 732,145 shares. Guild Investment Management Inc. owns 39,172 shares or 4.57% of their US portfolio. Moreover, Greenwich Investment Management Inc. has 4.41% invested in the company for 106,136 shares. The Texas-based Mcgowan Group Asset Management Inc. has invested 2.45% in the stock. Usca Ria Llc, a Texas-based fund reported 290,129 shares.

Main Street Capital Corporation (NYSE:MAIN) Ratings Coverage

Ratings analysis reveals 100% of Main Street Capital’s analysts are positive. Out of 2 Wall Street analysts rating Main Street Capital, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $41 while the high is $42. The stock’s average target of $41.50 is 11.56% above today’s ($37.2) share price. MAIN was included in 2 notes of analysts from November 5, 2018. On Monday, November 5 the stock rating was upgraded by Raymond James to “Outperform”. FBR Capital maintained the shares of MAIN in report on Wednesday, February 27 with “Buy” rating.

More notable recent Main Street Capital Corporation (NYSE:MAIN) news were published by: Seekingalpha.com which released: “Are There Some New Dents In Main Street Capital’s Armor? (Investment Ratings Analysis) – Seeking Alpha” on March 19, 2019, also Benzinga.com with their article: “Analyst: ‘Significant Opportunities’ For WWE Beyond TV Deals (NYSE:WWE) – Benzinga” published on March 28, 2019, Globenewswire.com published: “STMicroelectronics Reports on Main Resolutions to be Proposed at the 2019 AGM – GlobeNewswire” on March 28, 2019. More interesting news about Main Street Capital Corporation (NYSE:MAIN) were released by: Fool.com and their article: “3 Stocks to Help You Build Retirement Wealth – Motley Fool” published on March 30, 2019 as well as Seekingalpha.com‘s news article titled: “Main Street Capital declares $0.20 dividend – Seeking Alpha” with publication date: February 27, 2019.

Main Street Capital Corporation (NYSE:MAIN) Institutional Positions Chart

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