Main Street Stock Performance

MAIN
 Stock
  

USD 38.64  0.17  0.44%   

The company secures a Beta (Market Risk) of 0.8255, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Main Street's beta means in this case. As returns on the market increase, Main Street returns are expected to increase less than the market. However, during the bear market, the loss on holding Main Street will be expected to be smaller as well. Even though it is essential to pay attention to Main Street Capital price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Main Street exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Main Street Capital has an expected return of -0.0889%. Please be advised to verify Main Street Capital downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Main Street Capital performance from the past will be repeated at some point in the near future.
  
Main Street Performance
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Over the last 90 days Main Street Capital has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent forward indicators, Main Street is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0704
Payout Ratio
0.25
Forward Annual Dividend Rate
2.7
Dividend Date
2023-03-15
Ex Dividend Date
2022-12-07

Main Street Price Channel

Quick Ratio0.60
Fifty Two Week Low31.66
Target High Price46.00
Fifty Two Week High45.82
Payout Ratio81.03%
Trailing Annual Dividend Yield6.69%
Target Low Price39.00

Main Street Relative Risk vs. Return Landscape

If you would invest  4,137  in Main Street Capital on August 28, 2022 and sell it today you would lose (273.00)  from holding Main Street Capital or give up 6.6% of portfolio value over 90 days. Main Street Capital is currently does not generate positive expected returns and assumes 1.8919% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of stocks are less volatile than Main Street, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Main Street is expected to under-perform the market. In addition to that, the company is 1.38 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

Main Street Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Main Street's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Main Street Capital, and traders can use it to determine the average amount a Main Street's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.047

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Negative ReturnsMAIN
Estimated Market Risk
 1.89
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 -0.09
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Main Street is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Main Street by adding it to a well-diversified portfolio.

About Main Street Performance

To evaluate Main Street Capital Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Main Street generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Main Street Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Main Street Capital market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Main Street's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnw, Poland. Main Street operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 80 people.

Things to note about Main Street Capital

Checking the ongoing alerts about Main Street for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Main Street Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Main Street Alerts

Equity Alerts and Improvement Suggestions

Main Street Capital generated a negative expected return over the last 90 days
The company currently holds 2.04 B in liabilities with Debt to Equity (D/E) ratio of 1.03, which is about average as compared to similar companies. Main Street Capital has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Main Street until it has trouble settling it off, either with new capital or with free cash flow. So, Main Street's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Main Street Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Main Street to invest in growth at high rates of return. When we think about Main Street's use of debt, we should always consider it together with cash and equity.
Main Street Capital currently holds about 61.16 M in cash with (613.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
On 15th of November 2022 Main Street paid $ 0.22 per share dividend to its current shareholders
Additionally, see Correlation Analysis. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Main Street Capital price analysis, check to measure Main Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Main Street is operating at the current time. Most of Main Street's value examination focuses on studying past and present price action to predict the probability of Main Street's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Main Street's price. Additionally, you may evaluate how the addition of Main Street to your portfolios can decrease your overall portfolio volatility.
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Is Main Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Main Street. If investors know Main Street will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Main Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.39) 
Market Capitalization
B
Quarterly Revenue Growth YOY
0.28
Return On Assets
0.0494
Return On Equity
0.13
The market value of Main Street Capital is measured differently than its book value, which is the value of Main Street that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Street's market value can be influenced by many factors that don't directly affect Main Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine Main Street value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.