Main Street Capital: The Fears Of Premium Are Overblown [Seeking Alpha]
Main Street Capital Corporation (MAIN)
Last main street capital corporation earnings: 2/27 04:15 pm
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US:NYSE Investor Relations:
ir.mainstcapital.com
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Source: Seeking Alpha
7min Summary Despite a significant premium over NAV, Main Street Capital has consistently outperformed the broader BDC market, demonstrating strong and stable performance. By assessing the Q2 2024 data points, the case, in my opinion, has become even more attractive despite the presence of a notable premium over NAV. In this article, I elaborate on why I have remained bullish and why the premium should not scare away investors. holwichaikawee/iStock via Getty Images My initial bullish thesis on Main Street Capital (NYSE: MAIN ) was issued in April 2024, at the time when MAIN had a significant premium over its NAV. Why is it important to mention aspect of premium to NAV? Well, because if we look at most of the recent bearish or conservative articles on MAIN, the common denominator justifying why analysis are not recommending to go long is the presence of a considerable premium to NAV. The argument is that the multiple will make it very challenging for MAIN to deliver v
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News
- Main Street Capital (MAIN) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Main Street Capital's Q3 Earnings Miss, Expenses Increase Y/Y [Yahoo! Finance]Yahoo! Finance
- Main Street Capital (MAIN) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- MAIN STREET ANNOUNCES THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- MAIN STREET ANNOUNCES THIRD QUARTER 2024 RESULTSPR Newswire
MAIN
Earnings
- 11/7/24 - Beat
MAIN
Sec Filings
- 11/8/24 - Form FWP
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- MAIN's page on the SEC website