NYSE$MAIN
Main Street Capital Corp. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Main Street Capital reported a decrease in net investment income and distributable net investment income, but an increase in net assets resulting from operations compared to the same quarter last year.
Main Street Capital Corporation announced its financial results for the second quarter of 2020, featuring a net investment income of $0.48 per share and distributable net investment income of $0.52 per share. The company's net asset value stood at $20.85 per share. Despite economic challenges, Main Street saw success in lower middle market and private loan investment activities.
- Net investment income was $31.3 million, or $0.48 per share.
- Distributable net investment income was $34.1 million, or $0.52 per share.
- Total investment income reached $52.0 million.
- The company completed $84.6 million in total lower middle market portfolio investments.
Headline financials
Revenue & EPS history
Main Street Capital · Revenue · Quarterly
$52M
Revenue by segment
Main Street Capital · $52M total across 3 segments · Q2 2020
- Interest Income$41.6M-12.0%79.9%
- Dividend Income$7.8M-38.9%15.0%
- Fee Income$2.64M+101.7%5.1%
Forward guidance
Main Street anticipates navigating the economic environment and the effects of the COVID-19 pandemic, and aims to complete the transaction making the External Investment Manager the sole adviser and administrator to HMS Income.
Tailwinds
- Prioritizing the health and well-being of employees and portfolio companies' employees.
- Selectively executing on new investment opportunities.
- Actively supporting portfolio companies.
- Conservative capital structure.
- Significant liquidity position.
Headwinds
- Challenging economic environment due to COVID-19 pandemic.
- Potential impacts of COVID-19 on business and operations.
- Potential impacts of COVID-19 on liquidity and access to capital.
- Potential impacts of COVID-19 on the U.S. and global economies.
- Changes in laws and regulations or business, political and/or regulatory conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.8%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+0.1%
Avg return
30 days after
66%
42 / 64 earnings
Positive
+8.1%
Q1 2010
Best reaction
-9.4%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.4% | -10.0% | -8.4% | |
| Q4 2025 | -2.2% | +1.4% | -11.3% | |
| Q3 2025 | +2.9% | +3.5% | +6.3% | |
| Q1 2025 | -0.2% | +0.3% | +8.4% | |
| Q4 2024 | +3.2% | -1.5% | -3.9% | |
| Q3 2024 | +0.6% | +1.4% | +7.3% | |
| Q2 2024 | -0.7% | -1.1% | -0.6% | |
| Q1 2024 | -2.4% | -1.6% | -3.7% | |
| Q4 2023 | +1.0% | +2.7% | +2.5% | |
| Q3 2023 | +3.5% | +2.2% | +6.1% | |
| Q2 2023 | -0.2% | -1.7% | -4.3% | |
| Q1 2023 | -0.7% | -0.4% | -0.7% | |
| Q4 2022 | +3.0% | +6.7% | -1.3% | |
| Q3 2022 | +4.6% | +4.7% | +2.0% | |
| Q2 2022 | +1.2% | -0.9% | -9.7% | |
| Q1 2022 | -1.5% | -5.5% | -8.6% | |
| Q4 2021 | +2.7% | +2.0% | +0.3% | |
| Q3 2021 | +4.0% | +4.4% | +0.4% | |
| Q2 2021 | +0.8% | +2.3% | +0.5% | |
| Q1 2021 | -1.0% | -3.6% | -2.2% | |
| Q4 2020 | -0.7% | -0.6% | +6.3% | |
| Q3 2020 | +0.0% | +8.3% | +12.8% | |
| Q2 2020 | +3.2% | +4.8% | -4.0% | |
| Q1 2020 | +4.0% | +6.5% | +32.5% | |
| Q4 2019 | -8.0% | -5.0% | -41.2% | |
| Q3 2019 | -3.5% | -2.3% | -1.4% | |
| Q2 2019 | -0.0% | +1.8% | +3.7% | |
| Q1 2019 | +2.2% | +2.2% | +2.6% | |
| Q4 2018 | -1.8% | -4.1% | -4.9% | |
| Q3 2018 | -0.4% | +4.6% | +2.5% | |
| Q2 2018 | +2.1% | +2.8% | +1.9% | |
| Q1 2018 | +2.5% | +3.1% | +2.2% | |
| Q4 2017 | +0.5% | +0.1% | +2.3% | |
| Q3 2017 | +2.2% | +3.4% | +0.1% | |
| Q2 2017 | -0.4% | +2.1% | +0.2% | |
| Q1 2017 | +0.7% | -0.3% | -3.7% | |
| Q4 2016 | +0.2% | -1.1% | -0.6% | |
| Q3 2016 | +1.0% | +4.1% | +10.5% | |
| Q2 2016 | +1.7% | +1.1% | +1.8% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +3.3% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | +0.1% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | +2.9% | — | — | |
| Q1 2014 | -2.6% | — | — | |
| Q4 2013 | -0.7% | — | — | |
| Q3 2013 | +1.0% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | +2.6% | — | — | |
| Q4 2012 | +2.9% | — | — | |
| Q3 2012 | +2.4% | — | — | |
| Q2 2012 | +1.7% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q4 2011 | +1.5% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q2 2011 | -9.4% | — | — | |
| Q1 2011 | +4.3% | — | — | |
| Q4 2010 | +2.3% | — | — | |
| Q3 2010 | +5.1% | — | — | |
| Q2 2010 | +2.1% | — | — | |
| Q1 2010 | +8.1% | — | — |
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