Main Street Stock Today

MAIN
 Stock
  

USD 35.47  0.72  2.07%   

Market Performance
0 of 100
Odds Of Distress
Less than 47
Main Street is selling for 35.47 as of the 28th of September 2022. This is a 2.07 percent increase since the beginning of the trading day. The stock's open price was 34.75. Main Street has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Main Street Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
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. The company has 69.58 M outstanding shares of which 2.67 M shares are now shorted by private and institutional investors with about 5.82 trading days to cover. More on Main Street Capital

Moving together with Main Street

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Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Main Street Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Main Street's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Main Street or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Main Street Capital generated a negative expected return over the last 90 days
Main Street Capital currently holds about 17.95 M in cash with (540.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
On 27th of September 2022 Main Street paid $ 0.1 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Better Buy Main Streets 6.9 percent Yield Or SLR Investments 12.7 percent - Seeking Alpha
CEODwayne Hyzak
Average Analyst Recommendation
Analysts covering Main Street report their recommendations after researching Main Street's financial statements, talking to executives and customers, or listening in on Main Street's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Main Street Capital. The Main Street consensus assessment is calculated by taking the average forecast from all of the analysts covering Main Street.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Main Street's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Main Street Capital (MAIN) is traded on New York Stock Exchange in USA and employs 80 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Main Street's market, we take the total number of its shares issued and multiply it by Main Street's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Main Street Capital conducts business under Financial Services sector and is part of Asset Management industry. The entity has 69.58 M outstanding shares of which 2.67 M shares are now shorted by private and institutional investors with about 5.82 trading days to cover. Main Street Capital currently holds about 17.95 M in cash with (540.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Main Street Probability Of Bankruptcy
Ownership
Main Street Capital holds a total of 69.58 Million outstanding shares. Main Street Capital secures 4.8 % if its outstanding shares held by insiders and 4.8 % owned by institutional investors . Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Main Street Ownership Details

Main Street Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Main Street jumping above the current price in 90 days from now is close to 99%. The Main Street Capital probability density function shows the probability of Main Street stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Main Street has a beta of 0.7248. This indicates as returns on the market go up, Main Street average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Main Street Capital will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Main Street Capital is significantly underperforming DOW.
  Odds Below 35.47HorizonTargetOdds Above 35.47
0.75%90 days
 35.47 
99.24%
Based on a normal probability distribution, the odds of Main Street to move above the current price in 90 days from now is close to 99 (This Main Street Capital probability density function shows the probability of Main Street Stock to fall within a particular range of prices over 90 days) .

Main Street Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Main Street that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Main Street's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Main Street's value.
InstituionSecurity TypeTotal SharesValue
Price T Rowe Associates IncCommon Shares2.5 M96.4 M
Burgundy Asset Management LtdCommon Shares1.7 M66.7 M
Susquehanna International Group LlpCall Options201.8 K7.8 M
View Main Street Diagnostics

Main Street Capital Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Main Street market risk premium is the additional return an investor will receive from holding Main Street long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Main Street. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Main Street's alpha and beta are two of the key measurements used to evaluate Main Street's performance over the market, the standard measures of volatility play an important role as well.

Main Street Stock Against Markets

Picking the right benchmark for Main Street stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Main Street stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Main Street is critical whether you are bullish or bearish towards Main Street Capital at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Main Street without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Main Street Corporate Directors

Main Street corporate directors refer to members of a Main Street board of directors. The board of directors generally takes responsibility for the Main Street's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Main Street's board members must vote for the resolution. The Main Street board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Valerie Banner - Independent DirectorProfile
Kevin Griffin - Independent DirectorProfile
Nicholas Meserve - Managing Director - Middle Market Investment teamProfile
Travis Haley - Managing Director- Middle Market TeamProfile

Invested in Main Street Capital?

The danger of trading Main Street Capital is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Main Street is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Main Street. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Main Street Capital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for analysis

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.
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.