Main Street Capital falls after unveiling Q1 prelim results

Main Street Capital

16/04/2026 16:07

** Main Street Capital's MAIN.N shares fall 4.8% to $55.09

** Investment firm announces Q1 preliminary operating results, projecting distributable net investment income between $0.98 and $1.02 per share

** Raymond James analyst Robert Dodd says the forecast slightly missed brokerage estimate, adding that non-accruals also saw some deterioration

** Investments on non-accrual status - loans 90 days past due on interest or principal payments - comprised 1.2% of the total investment portfolio at fair value and 4% at cost - MAIN

** Two of eight brokerages rate the stock "buy" and six "hold"; median PT $62 - data compiled by LSEG

** Stock down 9% YTD, including the ongoing session's moves

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))