GAIN - Assessing Main Street Capital's Results For Q1 2019 (Includes Updated Price Target And Investment Ratings Analysis)
Recap/Focus of Article:
On 5/9/2019, Main Street Capital Corp. (MAIN) reported quarterly net investment income (“NII”) of $0.638 per share and a net asset value (“NAV”) as of 3/31/2019 of $24.41 per share. In comparison, I projected MAIN would report quarterly NII of $0.624 per share and a NAV as of 3/31/2019 of $24.50 per share in the following article:
When calculated, my NII and NAV projections had a variance of $0.014 and ($0.09) per share, respectively. MAIN’s NII