MidCap Financial Investment (MFIC) Expected to Announce Earnings on Monday

MidCap Financial Investment (NASDAQ:MFIC - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $82.49 million for the quarter.

MidCap Financial Investment (NASDAQ:MFIC - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.40 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.40. The firm had revenue of $82.16 million for the quarter, compared to analyst estimates of $86.28 million. MidCap Financial Investment had a return on equity of 11.37% and a net margin of 37.05%. On average, analysts expect MidCap Financial Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MidCap Financial Investment Stock Performance

MFIC traded up $0.06 on Wednesday, hitting $11.99. 261,574 shares of the company traded hands, compared to its average volume of 421,659. MidCap Financial Investment has a 12-month low of $10.18 and a 12-month high of $16.37. The company has a quick ratio of 8.51, a current ratio of 8.51 and a debt-to-equity ratio of 1.25. The company has a 50 day moving average of $12.26 and a 200-day moving average of $13.24. The stock has a market capitalization of $1.12 billion, a PE ratio of 7.68 and a beta of 1.00.

MidCap Financial Investment Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 11th were paid a $0.38 dividend. The ex-dividend date was Tuesday, March 11th. This represents a $1.52 annualized dividend and a yield of 12.68%. MidCap Financial Investment's dividend payout ratio is currently 116.03%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MFIC. JPMorgan Chase & Co. cut their target price on MidCap Financial Investment from $13.50 to $11.50 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Keefe, Bruyette & Woods reduced their price objective on MidCap Financial Investment from $15.00 to $14.50 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Finally, Wells Fargo & Company dropped their price target on MidCap Financial Investment from $14.00 to $13.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $13.80.

MidCap Financial Investment Company Profile

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.