Main Street Capital

Main Street Capital is a principal investment firm that provides long-term debt and equity capital to lower middle market companies. Main Street's investments are primarily made to support management buyouts, recapitalizations, growth financings and acquisitions of companies that operate in diverse industry sectors and generally have annual revenues ranging from $10 million to $100 million. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides ''one-stop'' financing alternatives to its portfolio companies.

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Earnings data Q3 2024

Earnings data Q4 2024

Main Street Capital achieves record-breaking performance and plans new fund launch

Main Street Capital delivered record-breaking performance in Q4 2022, with strong full-year results and a focus on shareholder returns through dividends. Despite challenges in the investment pipeline and potential credit quality issues, the company remains optimistic about generating new opportunities and maintaining a conservative approach to leverage. Main Street's emphasis on asset management and private loan strategies positions them well for future growth.

Main Street Capital achieves record Q1 results and plans dividend growth

Main Street Capital's Q1 performance reflects financial strength and growth potential, supported by a diversified portfolio and effective financing solutions. While facing challenges from economic uncertainties and rising expenses, the company is well-positioned to capitalize on opportunities for dividend growth, portfolio expansion, and team development.

Main Street Capital achieves record Q2 performance and eyes strategic growth

Main Street Capital delivered strong financial performance in Q2 2023, setting new records in key metrics and demonstrating growth across its investment strategies.
While facing challenges such as increased expenses and potential investment volatility, the company remains focused on shareholder value and strategic growth initiatives.
Opportunities lie in expanding the private loan fund, increasing the lower middle market portfolio share, and leveraging the strong performance of portfolio companies.
Overall, Main Street Capital's Q2 performance and strategic outlook position the company well for continued growth and value creation for shareholders.

Main Street Capital reports strong Q3 performance and growth opportunities

Main Street Capital delivered a strong Q3 performance with a focus on strategic investments and positive operating performance from portfolio companies.
Challenges included lower-than-expected investment activity and specific operating performance issues leading to increased nonaccruals.
Opportunities lie in continued acquisition growth strategies, adjusting marks post-transaction closes, and capitalizing on positive sentiment from portfolio companies.

Main Street Capital achieves record Q4 results and eyes growth

Main Street Capital delivered exceptional Q4 2023 results, marked by record achievements in various financial metrics and strong shareholder value enhancement.
The company's focus on maintaining financial stability, providing liquidity options, and optimizing investment strategies positions it well for growth and resilience.
While challenges like managing leverage and portfolio quality persist, Main Street's opportunities for growth through debt financing, acquisitions, and external manager contributions are promising.

Main Street Capital achieves record returns and plans dividend growth

Main Street Capital delivered strong financial performance in Q1 2024, driven by record returns on equity, NAV per share, and investment income, supported by diversified strategies and asset management.
While facing challenges such as yield compression and cautious market segments, the company remains focused on leveraging opportunities in private loans, deal activities, and fund expansions for sustainable growth.
Maintaining a conservative leverage profile and emphasizing the value of its asset management business, Main Street aims to navigate market dynamics and deliver consistent shareholder value.
With a record high net asset value per share and plans for dividend increases, Main Street Capital demonstrates financial strength, strategic resilience, and a commitment to shareholder returns.

Main Street Capital reports robust Q2 performance and strategic growth plans

Main Street Capital's Q2 2024 performance reflects strong financial metrics and strategic decisions to enhance shareholder value. While facing challenges in nonaccruals and fee adjustments, the company is well-positioned to leverage growth opportunities in its investment pipelines. Overall, Main Street's focus on portfolio expansion and prudent financial management bodes well for its future.

Main Street Capital reports strong Q3 performance and dividend growth

Main Street Capital delivered robust financial results in Q3 2024, showcasing strong performance across investments and asset management.
While facing challenges such as increased operating expenses and varying investment pipelines, the company remains well-positioned with a conservative leverage profile and liquidity.
Opportunities lie in recommending future dividends, anticipated strong performance in Q4, and capitalizing on investment opportunities in the lower middle market.

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Why My Fat Dividend Income Is Better Than Yours

HOUSTON , Dec. 2, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the majority recapitalization of Verified Credentials, Inc. ("Verified"), a leading consumer reporting agency specializing in pre-employment background checks and ancillary related services. Main Street, along with its co-investor, partnered with Iron Creek Partners, LLC ("Iron Creek"), a sector-focused private investor that Main Street has partnered with on multiple prior investments over the last decade, and Verified's existing owner and senior management team to facilitate the transaction and provide growth capital.

Main Street Announces New Portfolio Investments

Main Street is a best-of-breed BDC. Main Street is an internally managed BDC with a long history of increasing net asset value.

Main Street: A Perfect Retirement Stock With A Rock Solid 5.4% Yield

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MAIN and GAIN both delivered their results over the last week; both were solid reports. Both had delivered earnings that more than cover their current monthly dividends.

MAIN And GAIN: Solid Results Reinforce Why These Are Worthy Investments

Main Street Capital is firing on all cylinders, with robust NAV/share and DNII/share growthIt saw record investment activity in its LMM portfolio last quarter, and is seeing favorable growth in its asset management business.

Why Main Street Capital Is A Money Minting Machine

PARAGOULD, Ark., Nov. 18, 2021 /PRNewswire/ -- GRT Rubber Technologies (GRT), a leading manufacturer of engineered rubber products for applications across a diversified array of end-markets, today announced a strategic acquisition of Valley Rubber, a manufacturer of custom rubber solutions for tough mining and industrial applications.

GRT Rubber Technologies Announces Strategic Acquisition of Valley Rubber

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Upcoming Ex-Dividend Dates: November 16-29, 2021

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Main Street Capital (MAIN) CEO Dwayne Hyzak on Q3 2021 Results - Earnings Call Transcript

Main Street Capital (MAIN) delivered earnings and revenue surprises of 12.70% and 13.27%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Main Street Capital (MAIN) Q3 Earnings and Revenues Top Estimates

HOUSTON, Nov. 4, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the third quarter of 2021. Third Quarter 2021 Highlights Net investment income of $49.3 million (or $0.71 per share) Distributable net investment income(1) of $52.2 million (or $0.76 per share) Total investment income of $76.8 million An industry leading position in cost efficiency, with a ratio of total non-interest operating expenses as a percentage of quarterly average total assets ("Operating Expenses to Assets Ratio") of 1.6% on an annualized basis for the quarter and 1.5% for the trailing twelve month ("TTM") period ended September 30, 2021 Net increase in net assets resulting from operations of $84.0 million (or $1.22 per share) Return on equity(2) of 20.4% on an annualized basis for the quarter and 20.3% for the TTM period ended September 30, 2021 Net asset value of $24.27 per share at September 30, 2021, representing an increase of $0.85 per share, or 3.6%, compared to $23.42 per share at June 30, 2021, and $1.92 per share, or 8.6%, compared to $22.35 per share at December 31, 2020 Declared monthly dividends totaling $0.63 per share for the fourth quarter of 2021, or $0.21 per share for each of October, November and December 2021, representing a 2.4% increase from the monthly dividends paid for the third quarter of 2021 and the fourth quarter of 2020 Completed $159.2 million in total lower middle market ("LMM") portfolio investments, including investments totaling $73.3 million in four new LMM portfolio companies, which after aggregate repayments of debt principal and return of invested equity capital from several LMM portfolio investments resulted in a net increase of $135.2 million in total LMM portfolio investments Completed $117.5 million in total private loan portfolio investments, which after aggregate repayments of debt principal and return of invested equity capital from several private loan portfolio investments resulted in a net decrease of $20.3 million in total private loan portfolio investments Net decrease of $17.4 million in middle market portfolio investments Fully exited portfolio company investments in NRI Clinical Research, LLC, realizing a gain of $8.8 million and resulting in annual internal rate of returns and times money invested returns of 38.5% and 15.2 times on its equity investments and 20.2% and 2.6 times on a cumulative basis including all debt and equity investments in the company, respectively Fully exited remaining portfolio company equity investment in Safety Holdings, Inc., realizing a gain of $4.5 million and resulting in annual internal rate of returns and times money invested returns of 134.7% and  16.1 times on its equity investments and 34.8% and 2.4 times on a cumulative basis including all debt and equity investments in the company, respectively In commenting on Main Street's results, Dwayne L.

Main Street Announces Third Quarter 2021 Results

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Main Street Capital Corporation is an all-star BDC with rising income from multiple sources. Accelerating inflation and rising interest rates stand to benefit MAIN.

Main Street Capital: Three Reasons To Buy

HOUSTON, Nov. 2, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.215 per share for each of January, February and March 2022.  These monthly dividends, which will be payable pursuant to the table below, total $0.645 per share for the first quarter of 2022, which represent a 2.4% increase from the regular monthly dividends paid for the fourth quarter of 2021 and represent a 4.9% increase from the regular monthly dividends declared for the first quarter of 2021.

Main Street Announces First Quarter 2022 Regular Monthly Dividends Increase and Supplemental Dividend Payable in December 2021

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Upcoming Ex-Dividend Dates: October 26-November 8, 2021

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HOUSTON, Oct. 19, 2021 /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 2021, Main Street originated approximately $99.3 million in new private loan commitments across six new borrowers and funded total investments across its private loan portfolio with a cost basis totaling approximately $119.7 million.

Main Street Announces Third Quarter 2021 Private Loan Portfolio Activity

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Upcoming Ex-Dividend Dates: October 19-November 1, 2021

Main Street Capital (MAIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Main Street Capital (MAIN) is Poised to Beat Earnings Estimates Again

HOUSTON, Oct. 13, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it will release its third quarter 2021 results on Thursday, November 4, 2021, after the financial markets close.  In conjunction with the release, Main Street has scheduled a conference call, which will be broadcast live via phone and over the Internet, on Friday, November 5, 2021, at 10:00 a.m.

Main Street Announces Third Quarter 2021 Earnings Release And Conference Call Schedule

The shares of Main Street Capital Corporation (NYSE: MAIN) have received a $39 price target from Oppenheimer. These are the details.

MAIN Stock: $39 Price Target From Oppenheimer

HOUSTON, Sept. 28, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of an additional $200 million in aggregate principal amount of its 3.00% notes due 2026 (the "Notes").

Main Street Prices Public Offering of $200 Million of Notes due 2026

News for Main Street Capital Stock (MAIN)