How to Buy Main Street Capital Stock
Main Street Capital Corp
Main Street Capital is a asset management company located in Texas, United States, which is part of the Financial Services sector, and is traded under the ticker MAIN on the NYSE exchange.
Main Street Capital stock last closed at $40.14, down 1.18% from the previous day, and has increased 16.15% in one year. It has overperformed other stocks in the Asset Management industry by 0.05 percentage points. Main Street Capital stock is currently +26.78% from its 52-week low of $31.66, and -11.62% from its 52-week high of $45.42.
As of Sep 26, 2023, there are 82.43M MAIN shares outstanding. The market value of MAIN is $3.31B. In the past 24 hours, 236,906 MAIN shares were traded.
How to Buy Main Street Capital Stock
Not sure how to invest in Main Street Capital stock? Here's how.
- Decide where to buy Main Street Capital stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Main Street Capital stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your details.
- Evaluate Main Street Capital stock: The Main Street Capital ticker symbol is MAIN. Is Main Street Capital stock a good investment? Should you buy shares of MAIN? How do MAIN's underlying business fundamentals look? Do top analysts think Main Street Capital is a good buy? Why has MAIN's stock price moved recently? (Hint: Our stock research tools can help you understand if MAIN is a good stock to buy).
- Execute your MAIN purchase: Decide if you will purchase MAIN shares at the current market price or use a limit order to purchase MAIN stock at a particular price.
- Monitor your MAIN investment: Create a watchlist to get the latest news on your new investment in Main Street Capital shares.
Step 1: Decide where to buy Main Street Capital stock
You need an online brokerage account in order to access the NYSE market and buy MAIN stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can buy MAIN stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Input your personal data to open your new brokerage account.
- Submit your information by pressing the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have filled out your info on a good stock buying app, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your brokerage account.
Step 4: Evaluate Main Street Capital stock
Once you have figured out the best place to buy Main Street Capital stock, it's absolutely critical to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.
Main Street Capital stock data
Fundamentals of MAIN
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on MAIN's stock page.
Is MAIN stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MAIN's intrinsic value.
Using relative valuations measures:
- MAIN could be undervalued based on its P/E ratio of 9x, relative to Asset Management industry P/E ratio of 51.23x
- MAIN may be undervalued based on its P/B ratio of 1.47x, relative to Asset Management industry P/B ratio of 1.96x
- MAIN could be overvalued based on its PEG ratio of 1.8x
You can access additional valuation analysis on MAIN's stock here.
MAIN Financial Health
Failed Financial Due Diligence Checks:
- MAIN profit margin has gone down from 79.8% to 75.6% in the past year.
- Total MAIN debt is higher than 5 years ago, relative to shareholder equity.
- MAIN has a relatively high debt to equity ratio of 0.96.
Is it a good time to buy MAIN stock, according to Wall Street analysts?
Out of 3 sell side analysts who give recommendations on MAIN, the consensus analyst rating on Main Street Capital is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent MAIN Analyst Recommendations
Mitchel Penn, a top 25% analyst from Oppenheimer reiterates MAIN with a hold rating and maintains their MAIN price target from $41.00 to $41.00, on Aug 7, 2023.
Erik Zwick, a top 33% analyst from Hovde Group upgrades MAIN to a buy rating and announces their MAIN price target of $45.00, on Jun 30, 2023.
Kenneth Lee, a bottom 12% analyst from RBC Capital reiterates MAIN with a buy rating and maintains their MAIN price target from $46.00 to $46.00, on May 9, 2023.
You can dive deeper into what analysts are saying on the Main Street Capital stock forecast page.
MAIN Technical Indicators
MAIN Revenue
Last year, MAIN earnings were $347.77M. In the past five year, MAIN's earnings have increased by 6.87% per year. This was slower than the Asset Management industry average of 20.81%.
Last year, MAIN revenue was $460.10M. During the last five year, MAIN's revenue has grown by 15.55% per year. This was faster than the Asset Management industry average of 14.15%.
Find out more about MAIN's earnings and revenue performance here.
Are MAIN insiders buying or selling the stock?
In the last 12 months, insiders at MAIN have sold more shares than they have bought.
Jason B. Beauvais, EVP GC CCO SECRETARY of MAIN, was the latest MAIN insider to buy. They bought $4,837.35 worth of MAIN stock on Aug 15, 2023.
Dig into more about who owns MAIN shares here.
Does MAIN stock generate passive income?
Main Street Capital pays a dividend of 8.66%, compared to the Asset Management industry's average dividend yield of 6.76%. If you owned $1,000 of MAIN stock, you would have been paid $86.57 in the past year.
Main Street Capital dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Main Street Capital dividend yield and history here.
What others are saying about MAIN
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your MAIN purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Press the Open button and eToro will execute your order.
If you require additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your MAIN investment
Now that you own some shares in MAIN, you'll want to stay up-to-date on your company.
Put MAIN on a watchlist to keep track of your MAIN stock.
MAIN Feed
How to Buy Stock in Main Street Capital
To summarize, here are the 6 steps for buying Main Street Capital stock:
- Decide where to buy Main Street Capital stock
- Create your brokerage account
- Fund your brokerage account
- Evaluate Main Street Capital stock
- Execute your MAIN purchase
- Monitor your MAIN investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Main Street Capital, create a watchlist today.
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