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Upturn AI SWOT - About
MAIN 
Main Street Capital Corporation (MAIN)
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Upturn Advisory Summary
07/03/2025: MAIN (4-star) is a STRONG-BUY. BUY since 28 days. Profits (11.13%). Updated daily EoD!
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $55.75
1 Year Target Price $55.75
| 0 | Strong Buy |
| 0 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 71.99% | Avg. Invested days 84 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.44B USD | Price to earnings Ratio 10.36 | 1Y Target Price 55.75 |
Price to earnings Ratio 10.36 | 1Y Target Price 55.75 | ||
Volume (30-day avg) 4 | Beta 0.82 | 52 Weeks Range 41.85 - 61.52 | Updated Date 07/4/2025 |
52 Weeks Range 41.85 - 61.52 | Updated Date 07/4/2025 | ||
Dividends yield (FY) 7.21% | Basic EPS (TTM) 5.9 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 94.61% | Operating Margin (TTM) 88.28% |
Management Effectiveness
Return on Assets (TTM) 6.02% | Return on Equity (TTM) 19.31% |
Valuation
Trailing PE 10.36 | Forward PE 14.9 | Enterprise Value 7416966144 | Price to Sales(TTM) 9.96 |
Enterprise Value 7416966144 | Price to Sales(TTM) 9.96 | ||
Enterprise Value to Revenue 12.66 | Enterprise Value to EBITDA 15.6 | Shares Outstanding 89029400 | Shares Floating 85519824 |
Shares Outstanding 89029400 | Shares Floating 85519824 | ||
Percent Insiders 3.84 | Percent Institutions 23.01 |
Upturn AI SWOT
Main Street Capital Corporation
Company Overview
History and Background
Main Street Capital Corporation was founded in 1997. It is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market companies and debt financing to middle market companies.
Core Business Areas
- Lower Middle Market: Investing in smaller businesses, providing debt and equity capital to support their growth and acquisitions.
- Private Loan: Investing in privately held debt, providing capital to support their business activities and goals.
- Investment Management: Managing investments and providing services to other investment vehicles.
Leadership and Structure
The company is led by its CEO, Dwayne L. Hyzak. The organizational structure includes investment teams focused on different sectors and a management team overseeing overall operations.
Top Products and Market Share
Key Offerings
- Debt Financing: Provides first lien senior secured debt, second lien senior secured debt and mezzanine debt to lower middle market companies. Competitors include Ares Capital Corporation and Prospect Capital Corporation. Market share is not publicly available with precise numbers but Main Street Capital is a significant player in this space. 2023 Revenue of $460 Million. 2023 Total Investment Income: $467.9 million.
- Equity Investments: Makes equity investments in lower middle market companies, often alongside debt financing, to support growth, acquisitions, recapitalizations and management buyouts. Competitors include Small Business Investment Companies (SBICs). Market share is not publicly available.
Market Dynamics
Industry Overview
The business development company (BDC) industry is competitive, with numerous firms seeking to provide capital to middle and lower-middle market companies. The industry is sensitive to interest rate changes and economic conditions.
Positioning
Main Street Capital Corporation is known for its internally managed structure, monthly dividend payments, and focus on high-quality lower middle market companies. Its competitive advantage lies in its disciplined investment approach and operational expertise.
Total Addressable Market (TAM)
The TAM for lower middle market lending is estimated to be in the tens of billions of dollars annually. Main Street Capital Corporation is positioned to capture a portion of this market through its established presence and relationships.
Upturn SWOT Analysis
Strengths
- Internally managed structure
- Strong dividend payout history
- Disciplined investment approach
- Operational expertise in lower middle market
- Experienced management team
Weaknesses
- Sensitivity to interest rate fluctuations
- Dependence on lower middle market performance
- Potential for credit losses on investments
- Relatively small market capitalization compared to larger BDCs
Opportunities
- Increasing demand for capital from lower middle market companies
- Expansion into new sectors or geographies
- Strategic acquisitions to expand investment capabilities
- Partnerships with other financial institutions
Threats
- Economic downturn impacting portfolio companies
- Increased competition from other BDCs and private credit funds
- Regulatory changes affecting BDC operations
- Rising interest rates increasing borrowing costs
Competitors and Market Share
Key Competitors
- ARCC
- ORCC
- PSEC
- TCPC
- NEWT
Competitive Landscape
Main Street Capital Corporation's advantages include its internally managed structure and focus on lower middle market companies. Disadvantages include its smaller market capitalization compared to larger BDCs. Its competitors are larger firms with more diverse portfolios.
Major Acquisitions
MSC Adviser I, LLC
- Year: 2018
- Acquisition Price (USD millions): 73.5
- Strategic Rationale: Aligned interests and increased assets under management through internalizing investment management operations.
Growth Trajectory and Initiatives
Historical Growth: The company has demonstrated consistent growth in its investment portfolio, net investment income and assets under management over the past years.
Future Projections: Analysts project continued growth in net investment income and distributable net investment income, driven by portfolio expansion and strategic investments. Growth is also projected to be slow given the high interest rate market.
Recent Initiatives: Recent initiatives include expanding the investment portfolio, investing in new sectors, and implementing strategic acquisitions.
Summary
Main Street Capital Corporation presents a solid investment opportunity with a stable dividend history and a disciplined approach to lower middle market investing. Its internal management structure and focus on quality investments contribute to its strength. However, it remains susceptible to economic downturns and rising interest rates, which could impact portfolio company performance and increase borrowing costs. Vigilance is required regarding portfolio credit quality and regulatory changes.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Main Street Capital Corporation's Annual and Quarterly Reports, SEC Filings, Analyst Reports, Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is estimated and based on available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Main Street Capital Corporation
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2007-10-05 | CEO & Director Mr. Dwayne Louis Hyzak CPA | ||
Sector Financial Services | Industry Asset Management | Full time employees 104 | Website https://www.mainstcapital.com |
Full time employees 104 | Website https://www.mainstcapital.com | ||
Main Street Capital Corporation is a business development company and a small business investment company specializing in direct and indirect investments. In direct investments, the firm specializes in private equity capital to lower middle market companies. The firm specializes in recapitalizations, loan, growth capital, mezzanine debt, corporate carveouts, family estate planning, management buyouts, refinancing, private loan, private credit solutions, senior secured term debt, unintranche term debt, subordinated debt, preferred equity, common equity, minimal or no fixed amortization, split lien term debt, industry consolidation, mature, later stage and emerging growth. The firm makes both control and non-control equity investments. The firm also provides debt capital to middle market companies for strategic acquisitions, management buyouts, growth financings, majority and minority recapitalizations, and refinancing. The firm also makes equity co-investments. The firm provides debt financing solutions for acquisitions, recapitalizations, and refinancing to middle market companies. The firm provides private debt and private equity capital to lower middle market companies and debt capital to middle market companies. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides one stop financing alternatives within its lower middle market portfolio. It prefers to invest in air freight and logistics, auto components, building products, chemicals, commercial services, computers, construction and engineering, consumer finance, consumer services, electronic equipment, energy equipment and services, financial services, health care equipment, health care providers, hotels, restaurants, and leisure, internet software and services, IT Services, machinery, oil, gas and consumable fuels, paper and forest products, professional and industrial services, manufacturing, road and rail, software, specialty retail, telecommunication, consumer discretionary, energy, materials, concrete, p
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