Workflow
MSCC(MAIN)
icon
Search documents
MSCC(MAIN) - 2025 Q1 - Quarterly Results
2025-04-16 16:35
Financial Results - Main Street Capital Corporation issued a press release on April 10, 2025, detailing its financial results[4] - The report includes financial statements and exhibits, specifically Exhibit 99.1, which contains the press release[6] Company Information - The company is listed on the New York Stock Exchange under the trading symbol MAIN[2]
Main Street Announces Preliminary Estimate of First Quarter 2025 Operating Results
Prnewswire· 2025-04-16 11:00
Core Viewpoint - Main Street Capital Corporation reported strong preliminary operating results for the first quarter of 2025, achieving a record net asset value per share for the eleventh consecutive quarter and an estimated return on equity exceeding 16% [2][4]. Financial Performance - The preliminary estimate of net investment income (NII) for Q1 2025 is between $1.00 and $1.02 per share, while distributable net investment income (DNII) is estimated to be between $1.06 and $1.08 per share [3]. - The estimated net asset value (NAV) per share as of March 31, 2025, is between $32.00 and $32.06, reflecting an increase of $0.35 to $0.41 per share, or 1.1% to 1.3%, from the NAV of $31.65 as of December 31, 2024 [3]. - The increase in NAV is attributed to net unrealized appreciation in the investment portfolio, offset by a net tax provision and a decrease in the fair value of the wholly-owned asset manager [3][4]. Investment Portfolio Activity - The total lower middle market (LMM) portfolio investments amounted to $86.2 million, resulting in a net increase of $57.3 million in the total cost basis after debt repayments [6]. - The total private loan portfolio investments reached $138.2 million, with a net increase of $25.6 million in the total cost basis after accounting for repayments and realized losses [6]. - There was a net decrease of $44.2 million in the total cost basis of the middle market investment portfolio [6]. Upcoming Events - Main Street will release its first quarter 2025 results on May 8, 2025, after market close, followed by a conference call on May 9, 2025, at 10:00 a.m. Eastern time [5][7].
Main Street Capital: You Wanted A Discount, Now You Got It
Seeking Alpha· 2025-04-14 07:50
Core Insights - The article emphasizes the importance of dividend investing as a pathway to financial freedom, highlighting its accessibility and potential for steady income [1]. Group 1: Investment Philosophy - The company combines financial expertise with value investing principles to create a strong financial foundation through dividend investing [1]. - The focus is on sectors such as technology, real estate, software, finance, and consumer staples, which are integral to both the company's advisory work and personal investment portfolio [1]. Group 2: Professional Background - The company has extensive experience in mergers and acquisitions (M&A) and business valuation, having evaluated numerous businesses and facilitated buy-side and sell-side transactions [1]. - Daily activities include financial modeling, conducting commercial and financial due diligence, negotiating deal terms, and participating in numerous meetings [1].
Main Street Announces First Quarter 2025 Private Loan Portfolio Activity
Prnewswire· 2025-04-10 11:00
HOUSTON, April 10, 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 first quarter of 2025, Main Street originated new or increased commitments in its private loan portfolio of $130.4 million and funded total investments across its private loan portfolio with a cost basis totaling $138.2 million.The following represent notable new private loan commitments and investments during the ...
Main Street Capital: A High-Yield Monthly Powerhouse I'm Eager To Buy When The Time Is Right
Seeking Alpha· 2025-03-22 11:00
He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Features include: 13 model portfolios, buy ideas, company research reports, and a thriving chat community for readers looking t ...
Main Street Capital: Think Twice Before Selling
Seeking Alpha· 2025-03-13 11:18
Main Street Capital (NYSE: MAIN ) is a unique player in the BDC sector, which many investors consider the best BDC in the market. Its shareholders couldn't be unsatisfied with MAIN's performance and substantial dividends it distributed - I myself fell under its charm andWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividen ...
Main Street Capital: Price Matters Even For 'First Class', Hence I'm Selling
Seeking Alpha· 2025-03-12 15:58
Group 1 - Main Street Capital (NYSE: MAIN) is considered a top-tier Business Development Company (BDC) due to its strong fundamental base and low financial risk [1] - It is noted as the most expensive BDC in terms of the Price to Net Asset Value (P/NAV) multiple [1]
MSIF: Similar To MAIN, Just Better
Seeking Alpha· 2025-03-09 17:43
Group 1 - MSC Income Fund, Inc. (NYSE: MSIF) recently entered the IPO market as a new Business Development Company (BDC), closely related to Main Street Capital (MAIN) [1] - MSC Income Fund serves as a direct extension of Main Street Capital, indicating a strategic alignment between the two entities [1] - Roberts Berzins, with over a decade of financial management experience, has played a significant role in shaping financial strategies for top-tier corporates and enhancing the liquidity of pan-Baltic capital markets [1] Group 2 - Berzins has contributed to the development of national State-Owned Enterprise (SOE) financing guidelines and frameworks aimed at channeling private capital into affordable housing [1] - He holds a CFA Charter and an ESG investing certificate, showcasing his qualifications in financial management and sustainable investing [1] - Berzins is actively involved in thought-leadership activities to support the development of capital markets in the Baltic region [1]
MAIN STREET FINANCIAL SERVICES CORP. to Present at the Banking Virtual Investor Conference March 6th
GlobeNewswire News Room· 2025-03-04 13:36
WOOSTER, Ohio, March 04, 2025 (GLOBE NEWSWIRE) -- Main Street Financial Services Corp. (OTCQX: MSWV), (the “Company”), the holding company parent of Main Street Bank Corp.  Mark R. Witmer, Executive Chairman, James R. VanSickle II, President & CEO, and Todd J. Simko, SVP, Chief Operations Officer and Chief Risk Officer will present live at the Banking Virtual Investor Conference hosted by VirtualInvestorConferences.com, on March 6th, 2025 DATE: March 6th TIME: 11:30 AM LINK: https://bit.ly/4io8egV Available ...
Main Street Capital's Q4 Earnings Miss, Expenses Increase Y/Y
ZACKS· 2025-02-28 18:55
Main Street Capital Corporation’s (MAIN) fourth-quarter 2024 adjusted net investment income of $1.02 per share missed the Zacks Consensus Estimate of $1.08. The reported figure compares unfavorably with $1.07 per share in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily affected by an increase in expenses. Nonetheless, an improvement in the total investment income and the company’s robust portfolio activities supported the results to so ...