Main Street Capital Q4 Preliminary Net Asset Value Increases

(RTTNews) - Main Street Capital Corp. (MAIN), Thursday announced preliminary estimate of net asset value of $31.62 to $31.68 per share for the fourth quarter, reflecting an increase of 3.4 percent to 3.6 percent from the third quarter.

The investment firm projects net investment income of $1.01 to $1.03 per share and distributable net investment income of $1.07 to $1.09 per share for the fourth quarter.

Additionally, Main Street Capital sees a quarterly annualized return on equity of over 25 percent for the fourth quarter and actual return on equity of over 19 percent for the full year 2024.

In the pre-market hours, Main Street's stock is trading at $59.05, down 0.32 percent on the New York Stock Exchange.