John Jackson - Main Street Independent Director

MAIN Stock  USD 53.97  0.79  1.49%   

Director

Mr. John E. Jackson is an Independent Director of Main Street Capital Corporation with effect from August 6, 2013. Mr. Jackson is the President and Chief Executive Officer of Spartan Energy Partners, LP, a gas gathering, treating and processing company. He has also been a director of Seitel, Inc., a privately owned provider of onshore seismic data to the oil and gas industry in North America, since August 2007, CNX Midstream Partners, LP, formerly known as CONE Midstream Partners, LP, a master limited partnership that owns and operates natural gas gathering and other midstream energy assets in the Marcellus Shale in Pennsylvania and West Virginia, since January 2015, and Basic Energy Services, Inc., a provider of well site services in the United States to oil and natural gas drilling and producing companies, since December 2016. Mr. Jackson was Chairman, Chief Executive Officer and President of Price Gregory Services, Inc., a pipelinerelated infrastructure service provider in North America, from February 2008 until its sale in October of 2009. He served as a director of Hanover Compressor Company, now known as Exterran Corporation and Archrock, Inc., from July 2004 until May 2010 since 2013.
Age 61
Tenure 11 years
Address 1300 Post Oak Boulevard, Houston, TX, United States, 77056
Phone713 350 6000
Webhttps://www.mainstcapital.com
Jackson also served as Hanover President and Chief Executive Officer from October 2004 to August 2007 and as Chief Financial Officer from January 2002 to October 2004. He also serves on the board of several nonprofit organizations. We believe Mr. Jackson qualifications to serve on our Board of Directors include his extensive background in executive and director roles of public and private companies.

John Jackson Latest Insider Activity

Tracking and analyzing the buying and selling activities of John Jackson against Main Street stock is an integral part of due diligence when investing in Main Street. John Jackson 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.

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).
Main Street Capital currently holds 1.81 B in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. Main Street Capital has a current ratio of 0.41, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Main Street's use of debt, we should always consider it together with its cash and equity.

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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. Main Street operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 80 people. Main Street Capital (MAIN) is traded on New York Stock Exchange in USA. It is located in 1300 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 100 people. Main Street is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

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.

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

  0.72V Visa Class APairCorr
  0.85DIST Distoken AcquisitionPairCorr
  0.83AB AllianceBernsteinPairCorr
  0.89AC Associated CapitalPairCorr

Moving against Main Stock

  0.58PT Pintec TechnologyPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Main Street Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Main Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Main Street Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Main Street Capital Stock:
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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.