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 $48.16, up 1.13% from the previous day, and has increased 19.74% in one year. It has overperformed other stocks in the Asset Management industry by 0.25 percentage points. Main Street Capital stock is currently +27.74% from its 52-week low of $37.70, and -0.12% from its 52-week high of $48.22.
As of Apr 22, 2024, there are 84.98M MAIN shares outstanding. The market value of MAIN is $4.09B. In the past 24 hours, 304,046 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 researched dozens of online brokerages and apps to help you figure out 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: Pick your payment method 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 market research website can help you decide 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 shares at a given price.
- Monitor your MAIN investment: Create a watchlist to keep tabs on your investment in Main Street Capital stock.
Step 1: Decide where to buy Main Street Capital stock
You will need an online brokerage account to access the NYSE market and buy MAIN stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can invest in MAIN stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock broker app, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing money into your new brokerage account.
Step 4: Evaluate Main Street Capital stock
Once you have decided on the best place to buy Main Street Capital stock, it's absolutely critical to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Main Street Capital quick stats
MAIN Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can view all of the due diligence checks on MAIN's stock page.
How is MAIN stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MAIN's true value.
Using relative valuations ratios:
- MAIN may be undervalued based on its P/E ratio of 9.21x, relative to Asset Management industry P/E ratio of 30.56x
- MAIN could be undervalued based on its P/B ratio of 1.65x, relative to Asset Management industry P/B ratio of 2.34x
- MAIN could be undervalued based on its PEG ratio of 0.95x
You can access additional valuation research on MAIN's stock here.
MAIN Financial Overview
Passed Financial Due Diligence Checks:
- MAIN profit margin has gone up from 64.1% to 85.6% in the past year.
- MAIN earnings of $553.66M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- MAIN has a relatively high debt to equity ratio of 0.79.
- MAIN's operating cash flow of $285.32M allows it to safely service it's debt of $1.80B.
- Total MAIN debt is higher than 5 years ago, relative to shareholder equity.
Is Main Street Capital stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who monitor MAIN, the consensus analyst rating on MAIN is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Main Street Capital stock forecast page.
Metrics for Advanced MAIN Traders
How are MAIN Revenues/Earnings doing?
Last year, MAIN earnings were $428.45M. In the last five year, MAIN's earnings have increased by 13.31% per year. This was faster than the Asset Management industry average of 7.07%.
Last year, MAIN revenue was $500.39M. During the last 5 year, MAIN's revenue has gone up by 16.48% per year. This was slower than the Asset Management industry average of 20.51%.
Dive into MAIN's earnings and revenue performance here.
What are MAIN insiders up to?
Over the past 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 sell. They sold $588,205.23 worth of MAIN shares on Apr 1, 2024.
Learn more about who owns MAIN stock here.
Can I get consistent income from MAIN stock?
Main Street Capital pays a dividend of 8.06%, compared to the Asset Management industry's average dividend yield of 6.73%. If you owned $1,000 worth of MAIN stock, you would have been paid $80.56 in the past year.
Main Street Capital dividend payments have consistently grown over the past decade but have not remained stable.
Get 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 learn what other investors have to say.
Step 5: Execute your MAIN purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Monitor your MAIN investment
Now that you own some shares in MAIN, you'll want to keep up with your shares.
Create a watchlist to get notified of the latest news about your MAIN stock.
MAIN Feed
How to Buy Stock in Main Street Capital
To reiterate, here are the 6 steps you need to take to buy Main Street Capital stock right now:
- 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 are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Main Street Capital, get started below.
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