(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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
