Reading the tape
NYSE: MAIN
Main Street Capital Corporation
Financial Services · Asset Management
Market Cap
$5.02B
52w High
$67.77
52w Low
$50.77
P/E
10.15
Volume
442.72K
Outstanding Shares
90.10M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 5.01%Revenue (TTM): 1.39%FCF (TTM): 506.87%P/FCF: 18th pct
What changed
The stock rose 5.01% over the last year. Revenue grew 1.39% over the trailing twelve months. Operating margin moved from 74.34% to 70.8%. Free cash flow grew 506.87% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 70.8%. A decisive move in revenue — currently up 1.39% — would be the clearest signal to resolve the ambiguity.
Company profile
Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies.
CEODwayne Louis Hyzak
SectorFinancial Services
IndustryAsset Management
Employees104
IPO dateOct 9, 2007
Valuation
Forward P/E—
EV/EBITDA14.83
Enterprise value$7.81B
Price / Book1.68
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-8.28%
Gross margin86.91%▲20.53%vs FY2024
Operating margin70.8%▲8.58%vs FY2024
ROE16.48%▼9.25%vs FY2024
Analyst consensus
RatingHold
Target price$67.00▲20.16%
3
Buy
11
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $1.04 · Revenue est $145.23M
View
Dividends
$3.22/shareMonthly5yr growth streakEx-div May 8, 2026 · in 3dAdequateMAIN pays a dividend with a 5.78% declared yield, 5 consecutive years of growth, growing at 13.41% annually, covered 1.0× by free cash flow.
Declared Yield
5.78%
Annual Div / Share
$3.22
TTM $4.27
5yr CAGR
+13.41%
Doubles every ~5.5yr
Payout Ratio
68.76%
Adequate
Dividend Growth Rate
3yr CAGR
+12.83%
5yr CAGR
+13.41%
10yr CAGR
+4.75%
Dividend Safety
5/10Adequate
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$4.23+2.9%
2024$4.11+11.2%
2023$3.69+25.5%
2022$2.94+14.4%
2021$2.58+14.2%
2020$2.25-22.6%
2019$2.92+2.3%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$58/yr
$5/mo
In 5 yrs
$102/yr+76%
$8/mo
In 10 yrs
$180/yr+211%
$15/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$58/yr $5/mo | $102/yr+76% $8/mo | $180/yr+211% $15/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 5.78% → 17.96% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 13.41% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.