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Main Street Capital Corp. (DE:13M)
FRANKFURT:13M
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.96Last Year’s EPS
1.01Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 0.89%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
Main Street Capital demonstrated strong overall performance with record return on equity, increased dividends, and successful investment exits. However, challenges such as increased non-accrual investments and impacts from floating rate debt investments were noted.Company Guidance
During the Main Street Capital Fourth Quarter Earnings Conference Call, the company reported a record annualized return on equity (ROE) of 25.4% for the quarter and 19.4% for the full year 2024. They achieved strong net investment income (NII) per share and distributable net investment income (DNII) per share, which funded record annual shareholder dividends and marked the tenth consecutive quarter of record net asset value (NAV) per share. The company increased total dividends paid to shareholders by 6% in the fourth quarter and 11% for the full year. Main Street also highlighted a $54 million realized gain from exiting their equity investment in Pearl Meyer, contributing significantly to their performance. The investment activities for the fourth quarter included $168 million in the lower middle market and $108 million in private loans, resulting in net increases of $11 million and $7 million, respectively. The company remains optimistic about future performance, supported by significant liquidity, a cost-efficient operating structure, and robust asset management business results. Management expects continued favorable performance in 2025, with plans to recommend additional supplemental dividends.Record Annualized Return on Equity
Achieved a record annualized return on equity of 25.4% for the quarter and 19.4% for the full year.
Increase in Shareholder Dividends
Increased total dividends paid to shareholders by 6% in the fourth quarter over the prior year, resulting in an 11% increase for the full year.
Successful Exit of Pearl Meyer Investment
Exited investment in Pearl Meyer with a $54 million realized gain, achieving a 69% annual IRR and a 7.7x money invested return on equity.
Expansion of Private Loan Portfolio
Invested approximately $900 million in the private loan strategy in 2024, growing the portfolio by $449 million.
Strong Liquidity Position
Entered 2025 with liquidity including cash and availability under credit facilities in excess of $1.4 billion.
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DE:13M Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:13M Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | €57.12 | €57.63 | +0.89% |
| Nov 07, 2024 | €47.02 | €47.47 | +0.97% |
| Aug 08, 2024 | €43.32 | €42.50 | -1.90% |
| May 09, 2024 | €44.55 | €43.69 | -1.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Main Street Capital Corp. (DE:13M) report earnings?
Main Street Capital Corp. (DE:13M) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Main Street Capital Corp. (DE:13M) earnings time?
Main Street Capital Corp. (DE:13M) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Main Street Capital Corp. stock?
The P/E ratio of Main Street Capital is N/A.
What is DE:13M EPS forecast?
DE:13M EPS forecast for the fiscal quarter 2025 (Q1) is 0.96.
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