Brian Lane - Main Street Independent Director
| MAIN Stock | USD 53.97 0.79 1.49% |
Director
Mr. Brian E. Lane is an Independent Director of the Company, since 2015. Mr. Lane has served as Chief Executive Officer and President of Comfort Systems USA, Inc., a leading provider of commercial, industrial and institutional heating, ventilation and air conditioning services, since December 2011 and as a director of Comfort Systems since November 2010. Mr. Lane served as Comfort Systems President and Chief Operating Officer from March 2010 until December 2011. Mr. Lane joined Comfort Systems in October 2003 and served as Vice President and then Senior Vice President for Region One until he was named Executive Vice President and Chief Operating Officer in January 2009. Prior to joining Comfort Systems, Mr. Lane spent fifteen years at Halliburton Company, a global service and equipment company devoted to energy, industrial, and government customers. During his tenure at Halliburton, he held various positions in business development, strategy and project initiatives, and he departed as the Regional Director of Europe and Africa. Mr. Lane additional experience included serving as a Regional Director of Capstone Turbine Corporation, a distributed power manufacturer. He also was a Vice President of Kvaerner, an international engineering and construction company, where he focused on the chemical industry. Mr. Lane is also a member of the Board of Directors of Griffen Dewatering Corporationrationration, a privately held company since 2015.
| Age | 63 |
| Tenure | 9 years |
| Professional Marks | MBA |
| Address | 1300 Post Oak Boulevard, Houston, TX, United States, 77056 |
| Phone | 713 350 6000 |
| Web | https://www.mainstcapital.com |
Brian Lane Latest Insider Activity
Tracking and analyzing the buying and selling activities of Brian Lane against Main Street stock is an integral part of due diligence when investing in Main Street. Brian Lane insider activity provides valuable insight into whether Main Street is net buyers or sellers over its current business cycle. Note, Main Street insiders must abide by specific rules, including filing SEC forms every time they buy or sell Main Street'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Brian Lane over two months ago Disposition of 2974 shares by Brian Lane of Comfort Systems at 314.31 subject to Rule 16b-3 | ||
Brian Lane over three months ago Acquisition by Brian Lane of tradable shares of Main Street at 49.14 subject to Rule 16b-3 | ||
Brian Lane over six months ago Disposition of 2974 shares by Brian Lane of Comfort Systems at 314.31 subject to Rule 16b-3 |
Main Street Management Efficiency
The company has return on total asset (ROA) of 0.0613 % which means that it generated a profit of $0.0613 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1868 %, meaning that it created $0.1868 on every $100 dollars invested by stockholders. Main Street's management efficiency ratios could be used to measure how well Main Street manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.11, while Return On Tangible Assets are likely to drop 0.09. At this time, Main Street's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 4.6 B, while Non Currrent Assets Other are likely to drop (4.6 B).Similar Executives
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Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0613 |
Main Street Capital Leadership Team
Elected by the shareholders, the Main Street's board of directors comprises two types of representatives: Main Street inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Main. The board's role is to monitor Main Street's management team and ensure that shareholders' interests are well served. Main Street's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Main Street's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nicholas Meserve, Managing Director - Middle Market Investment team | ||
| Jason JD, General VP | ||
| Valerie Banner, Independent Director | ||
| Ryan Nelson, Chief President | ||
| Lance Parker, Chief Accounting Officer, Vice President Assistant Treasurer | ||
| Watt Matthews, Managing Director | ||
| K Braud, Managing Director - Lower Middle Market Team | ||
| Samuel Cashiola, Managing Director | ||
| Beverly Matthews, Independent Director | ||
| Ashley Seatter, Business Associate | ||
| Braden Upp, Vice President | ||
| John Watson, Vice President | ||
| Jonathan Montgomery, Director | ||
| Patrick CPA, Director | ||
| David Magdol, Vice Chairman, Chief Investment Officer, Sr. Managing Director and Chairman of Investment Committee | ||
| Margaret Kopko, Human Manager | ||
| II CFA, Director | ||
| Dwayne Hyzak, Chief Executive Officer, Senior Managing Director, Director | ||
| Brian Lane, Independent Director | ||
| JD CPA, Chairman Advisor | ||
| Kenneth III, Managing Director | ||
| Shannon Martin, Chief Accounting Officer, Vice President Assistant Treasurer | ||
| Damian Burke, Managing Director - Lower Middle Market Team | ||
| William Dace, Vice President | ||
| Brent Smith, Chief Financial Officer, Treasurer | ||
| John Jackson, Independent Director | ||
| Charles Jennings, Vice President | ||
| Jesse Morris, Chief Operating Officer, Executive Vice President | ||
| Vincent Foster, Chairman of the Board and Presidentident, CEO | ||
| Samuel CFA, Managing Director | ||
| Jake Hutcherson, Vice President | ||
| Arthur French, Lead Independent Director | ||
| Stephen Solcher, Independent Director | ||
| Ken Dennard, Investor Contact | ||
| Lance CPA, Chief VP | ||
| Jason Beauvais, Senior Vice President Chief Compliance Officer, General Counsel, Secretary | ||
| Dunia Shive, Independent Director | ||
| Jon Griffin, Independent Director | ||
| Deric Jech, Vice President | ||
| Ryan McHugh, VP Officer | ||
| Katherine Silva, Vice President Assistant Treasurer | ||
| Michael Parent, Director | ||
| Dwayne CPA, CEO Directors |
Main Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Main Street a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0613 | ||||
| Profit Margin | 0.89 % | ||||
| Operating Margin | 0.88 % | ||||
| Current Valuation | 6.89 B | ||||
| Shares Outstanding | 88.18 M | ||||
| Shares Owned By Insiders | 4.09 % | ||||
| Shares Owned By Institutions | 22.57 % | ||||
| Number Of Shares Shorted | 3.77 M | ||||
| Price To Earning | 85.55 X |
Pair Trading with Main Street
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Main Street position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Main Street will appreciate offsetting losses from the drop in the long position's value.Moving together with Main Stock
| 0.72 | V | Visa Class A | PairCorr |
| 0.85 | DIST | Distoken Acquisition | PairCorr |
| 0.83 | AB | AllianceBernstein | PairCorr |
| 0.89 | AC | Associated Capital | PairCorr |
Moving against Main Stock
The ability to find closely correlated positions to Main Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Main Street when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Main Street - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Main Street Capital to buy it.
The correlation of Main Street is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Main Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Main Street Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Main Street can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Main Street Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space 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 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 0.139 | Dividend Share 2.88 | Earnings Share 5.53 | Revenue Per Share 6.175 | Quarterly Revenue Growth 0.11 |
The market value of Main Street Capital is measured differently than its book value, which is the value of Main 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 if Main Street is a good investment 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.