Main Street Capital Corporation (MAIN) reported quarterly earnings results on Thursday, May-5-2016. The company reported $0.54 EPS for the quarter. Analysts had a consensus estimate of $0.54. Analysts expectations of $42.74 million. During the same quarter in the previous year, the company posted $0.54 EPS.
Many Wall Street Analysts have commented on Main Street Capital Corporation. Company shares were Reiterated by FBR Capital on Mar 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 33 from a previous price target of $30 .Shares were Reiterated by Wunderlich on Feb 29, 2016 to “Buy” and Lowered the Price Target to $ 34 from a previous price target of $38 .
Main Street Capital Corporation opened for trading at $31.15 and hit $31.2399 on the upside on Wednesday, eventually ending the session at $31.17, with a gain of 0.19% or 0.06 points. The heightened volatility saw the trading volume jump to 1,03,360 shares. Company has a market cap of $1,574 M.
In a different news, on Apr 25, 2016, Brent D. Smith (CFO, Treasurer) purchased 36 shares at $31.48 per share price. According to the SEC, on Apr 25, 2016, Rodger A. Stout (EVP) purchased 110 shares at $31.48 per share price. On Apr 25, 2016, Stephen B Solcher (director) purchased 14 shares at $31.50 per share price, according to the Form-4 filing with the securities and exchange commission.
Main Street Capital Corporation (MSCC) is a principal investment firm which provides customized debt and equity financing to lower middle market (LMM) companies and debt capital to middle market (Middle Market) companies. The Companys portfolio investments are made to support management buyouts recapitalizations growth financings refinancings and acquisitions of companies that operate in various industry sectors. MSCC invests primarily in secured debt investments equity investments warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States. MSCCs investment portfolio includes its investments in LMM portfolio companies investments in Middle Market portfolio companies Private Loan portfolio investments Other Portfolio investments and the investment in MSC Adviser I LLC (the External Investment Manager).