Third Quarter 2024 Net Investment Income of $1.00 Per ShareThird Quarter 2024 Distributable Net Investment Income(1) of $1.06 Per ShareNet Asset Value of $30.57 Per ShareHOUSTON, Nov. 7, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the third quarter ended September 30, 2024. Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and the "Company" refer to Main Street and its consolidated sub ...

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Regular Monthly Dividends of $0.25 Per Share for each of January, February and March 2025Monthly Dividends Represent a 2.0% Increase Compared to Fourth Quarter 2024 and a 4.2% Increase Compared to First Quarter 2024Supplemental Dividend of $0.30 Per Share Payable in December 2024HOUSTON, Nov. 5, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, Fe ...

Company Performance - Main Street Capital (MAIN) closed at $51.57, reflecting a +0.45% change from the previous trading day's close, outperforming the S&P 500's daily loss of 0.33% [1] - Over the past month, shares of Main Street Capital have gained 2.54%, surpassing the Finance sector's loss of 5.18% and the S&P 500's gain of 1.83% [2] Upcoming Earnings - The upcoming earnings report for Main Street Capital is expected on November 7, 2024, with analysts forecasting earnings of $1.02 per share, indicating a year-over-year growth of 3.03% [3] - Revenue is projected to be $137.57 million, reflecting an 11.63% increase compared to the same quarter of the previous year [3] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $4.12 per share, showing a change of -0.48% from the previous year, while revenue is expected to be $543.18 million, indicating an 8.55% growth [4] Analyst Estimates and Rankings - Recent changes to analyst estimates for Main Street Capital indicate a positive outlook on the company's business operations and profit generation capabilities [5] - The Zacks Rank system currently assigns Main Street Capital a rank of 4 (Sell), with the consensus EPS estimate remaining steady over the past month [7] Valuation Metrics - Main Street Capital is trading at a Forward P/E ratio of 12.45, which is a premium compared to its industry's Forward P/E of 7.91 [8] - The Financial - SBIC & Commercial Industry, part of the Finance sector, has a Zacks Industry Rank of 203, placing it in the bottom 20% of over 250 industries [8]

Income Investment Strategy - The income aspect of investing is crucial for offsetting living cost increases, especially in a high inflation environment [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds [1] - The approach aims to inspire average workers that early retirement is achievable without compromising portfolio safety [1]

Announces Third Quarter 2024 Earnings Release and Conference Call Schedule HOUSTON, Oct. 15, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2024 and its third quarter 2024 earnings release and conference call schedule. In commenting on the Company's operating results for the third quarter of 2024, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased ...

HOUSTON, Oct. 10, 2024 /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 2024, Main Street originated new or increased commitments in its private loan portfolio of $270.3 million and funded total investments across its private loan portfolio with a cost basis totaling $309.3 million. The following represent notable new private loan commitments and investments during the ...

Total Commitments Increased to $600.0 Million Final Maturity of the Facility Extended to September 2029 HOUSTON, Oct. 1, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its wholly-owned subsidiary, MSCC Funding I, LLC ("MSCC Funding"), recently amended its special purpose vehicle revolving credit facility (the "SPV Facility"). The recently closed amendment provides an increase in total commitments from $430.0 million to $600.0 million, while main ...

Main Street Capital (MAIN) ended the recent trading session at $49.95, demonstrating a +0.95% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.72%, while the tech-heavy Nasdaq added 0.65%. Shares of the investment firm have appreciated by 0.47% over the course of the past month, underperforming the Finance sector's gain of 4.89% and the S&P 500's gain of 4.86%. The investment community will be paying close attention to the earnin ...

HOUSTON, Sept. 11, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it has priced an underwritten public offering of an additional $100 million in aggregate principal amount of its 6.50% notes due 2027 (the "Notes"). The Notes are being issued at a premium to par at a public offering price of 102.134% of the principal amount per Note, resulting in estimated gross proceeds of approximately $102.1 million and a yield-to-maturity of 5.617%. The Notes ...