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NASDAQ:MFIC

MidCap Financial Investment (MFIC) Stock Price, News & Analysis

MidCap Financial Investment logo
$13.37
-0.05 (-0.37%)
(As of 10/31/2024 ET)

About MidCap Financial Investment Stock (NASDAQ:MFIC)

Key Stats

Today's Range
$13.34
$13.49
50-Day Range
$13.17
$13.93
52-Week Range
$12.26
$16.36
Volume
208,658 shs
Average Volume
320,267 shs
Market Capitalization
$1.25 billion
P/E Ratio
7.82
Dividend Yield
11.37%
Price Target
$14.86
Consensus Rating
Moderate Buy

Company Overview

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments. It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy oil & gas, electricity and utilities. The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media diversified & production, printing and publishing, retail, automation, aviation and consumer transport, transportation, cargo and distribution. It primarily invests in United States. It primarily invests between $20 million and $250 million in its portfolio companies and EBITDA with less than $75 million. The fund seeks to make investments with stated maturities of five to 10 years.

MidCap Financial Investment Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

MFIC MarketRank™: 

MidCap Financial Investment scored higher than 67% of companies evaluated by MarketBeat, and ranked 477th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MidCap Financial Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MidCap Financial Investment has only been the subject of 2 research reports in the past 90 days.

  • Read more about MidCap Financial Investment's stock forecast and price target.
  • Earnings Growth

    Earnings for MidCap Financial Investment are expected to decrease by -8.72% in the coming year, from $1.72 to $1.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MidCap Financial Investment is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MidCap Financial Investment is 7.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

  • Price to Book Value per Share Ratio

    MidCap Financial Investment has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about MidCap Financial Investment's valuation and earnings.
  • Percentage of Shares Shorted

    0.43% of the outstanding shares of MidCap Financial Investment have been sold short.
  • Short Interest Ratio / Days to Cover

    MidCap Financial Investment has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MidCap Financial Investment has recently decreased by 6.51%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    MidCap Financial Investment is a leading dividend payer. It pays a dividend yield of 11.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    MidCap Financial Investment does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MidCap Financial Investment is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, MidCap Financial Investment will have a dividend payout ratio of 96.82% in the coming year. This indicates that MidCap Financial Investment may not be able to sustain their current dividend.

  • Read more about MidCap Financial Investment's dividend.
  • Percentage of Shares Shorted

    0.43% of the outstanding shares of MidCap Financial Investment have been sold short.
  • Short Interest Ratio / Days to Cover

    MidCap Financial Investment has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MidCap Financial Investment has recently decreased by 6.51%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    MidCap Financial Investment has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for MidCap Financial Investment this week, compared to 2 articles on an average week.
  • Search Interest

    Only 6 people have searched for MFIC on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added MidCap Financial Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MidCap Financial Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $12,980.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 1.10% of the stock of MidCap Financial Investment is held by insiders.

  • Percentage Held by Institutions

    Only 28.45% of the stock of MidCap Financial Investment is held by institutions.

  • Read more about MidCap Financial Investment's insider trading history.
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MFIC Stock News Headlines

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MFIC Stock Analysis - Frequently Asked Questions

MidCap Financial Investment's stock was trading at $13.68 at the beginning of the year. Since then, MFIC stock has decreased by 2.0% and is now trading at $13.40.
View the best growth stocks for 2024 here
.

MidCap Financial Investment Co. (NASDAQ:MFIC) released its quarterly earnings data on Wednesday, August, 7th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.02. The business had revenue of $69.16 million for the quarter, compared to the consensus estimate of $68.02 million. MidCap Financial Investment had a net margin of 40.08% and a trailing twelve-month return on equity of 11.54%.

Top institutional shareholders of MidCap Financial Investment include Van ECK Associates Corp (3.48%), Allspring Global Investments Holdings LLC (3.31%), Hennion & Walsh Asset Management Inc. (0.49%) and Foundations Investment Advisors LLC (0.48%). Insiders that own company stock include Tanner Powell, Ted Aymond Jr Mcnulty and Emanuel R Pearlman.
View institutional ownership trends
.

Shares of MFIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MidCap Financial Investment investors own include Black Stone Minerals (BSM), Energy Transfer (ET), Mplx (MPLX), NVIDIA (NVDA), AGNC Investment (AGNC), Meta Platforms (META) and Arbor Realty Trust (ABR).

Company Calendar

Ex-Dividend for 8/15 Dividend
8/05/2024
Last Earnings
8/07/2024
Dividend Payable
8/15/2024
Ex-Dividend for 9/26 Dividend
9/10/2024
Dividend Payable
9/26/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
Financial Services
Current Symbol
NASDAQ:MFIC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.86
High Stock Price Target
$16.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$118.76 million
Pretax Margin
40.08%

Debt

Sales & Book Value

Annual Sales
$125.13 million
Cash Flow
$1.83 per share
Book Value
$15.41 per share

Miscellaneous

Free Float
92,748,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
1.50
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This page (NASDAQ:MFIC) was last updated on 10/31/2024 by MarketBeat.com Staff
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