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Stock impact report

Main Street Capital: The Moment Of Truth Has Arrived [Seeking Alpha]

Main Street Capital Corporation (MAIN) 
Last main street capital corporation earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.mainstcapital.com
Company Research Source: Seeking Alpha
However, on a YTD basis, MAIN has suffered a lot, falling ~12% and lagging the sector index. Recent Q1 guidance disappointment and elevated short interest (~7.5%) raise questions about potential mean reversion toward peer valuations. In the article, I provide further detail on my views regarding MAIN's preliminary Q1 data and, importantly, the reasons why I believe its P/NAV dominance has likely come to an end. Michail_Petrov-96/iStock via Getty Images Main Street Capital Overview Main Street Capital ( MAIN ) is, arguably, considered one of the best "sleep-well-at-night" BDCs in the entire sector. MAIN has a powerful offering that it can bring to the table for durable MAIN's ~12% YTD decline, Q1 guidance disappointment, and high short interest have driven underperformance despite its premium valuation and strong fundamentals. Given its 1.6x P/NAV versus peer averages, MAIN could face mean reversion toward 1.2x if premium fundamentals are not reflected in future result Show less Read more
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