With 0.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.65 million shares. The 52-week range on MAIN shows that it touched its highest point at $62.99 and its lowest point at $44.26 during that stretch. It currently has a 1-year price target of $53.25. With its current market cap of 4.81 billion, MAIN has annualized dividend of $2.93 while the current yield stands at 5.43%. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAIN was up-trending over the past week, with a rise of 1.81%, but this was up by 0.58% over a month. Three-month performance dropped to -10.86% while six-month performance rose 4.11%. The stock gained 12.81% in the past year, while it has lost -7.36% so far this year. A look at the trailing 12-month EPS for MAIN yields 5.89 with Next year EPS estimates of 3.80. For the next quarter, that number is 0.99. This implies an EPS growth rate of -3.55% for this year and -3.78% for next year. EPS is expected to decline by -1.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.25%.
Float and Shares Shorts:
At present, 88.66 million MAIN shares are outstanding with a float of 85.43 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAIN since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.16183 being high and $4.14163 being low. For MAIN, this leads to a yearly average estimate of $4.15173. Based on analyst estimates, the high estimate for the next quarter is $0.99 and the low estimate is $0.97. The average estimate for the next quarter is thus $0.98.
