Prospect Capital: A NAV Revaluation Play
2026-02-11 07:54:32 ET
Prospect Capital ( PSEC ) delivered better-than-expected net investment income results for the last quarter, flying past consensus NII estimates. The BDC, while seeing an improvement in its dividend coverage Q/Q, also reported continual net asset value erosion which is the main reason why shares of Prospect Capital are trading at such a steep discount to net asset value. The BDC has a strong liquidity position and a low non-accrual percentage overall which helps support an overall bullish rating, in my opinion, despite the clearly higher-than-average risks. All things considered, Prospect Capital’s shares remain a strong buy for me, in large part because of the excessive 59% net asset value discount....
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Prospect Capital: A NAV Revaluation Play
NASDAQ: PSEC
PSEC Trading
-2.16% G/L:
$2.6569 Last:
3,127,885 Volume:
$2.69 Open:
