Midwest (MDWT) Stock Price, News & Analysis

Company Overview

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and product development, distribution support, policy administration, and asset/liability management services. Midwest Holding Inc. was incorporated in 2003 and is based in Lincoln, Nebraska. As of December 21, 2023, Midwest Holding Inc. was taken private.

Key Stats

• Today's Range: $26.99 to $26.99
• 50-Day Range: $26.20 to $26.99
• 52-Week Range: $12.32 to $27.50
• Volume: N/A
• Average Volume: 9,817 shs
• Market Capitalization: $100.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MDWT Stock Analysis - Frequently Asked Questions

When did Midwest IPO?

Midwest (MDWT) raised $72 million in an initial public offering (IPO) on Thursday, December 17th 2020. The company issued 1,000,000 shares at a price of $70.00-$74.00 per share. Piper Sandler acted as the underwriter for the IPO and JMP Securities was co-manager.

What other stocks do shareholders of Midwest own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Midwest investors own include NVIDIA (NVDA), Broadcom (AVGO), Builders FirstSource (BLDR), Disc Medicine (IRON), e.l.f. Beauty (ELF), Novo Nordisk A/S (NVO) and EMCOR Group (EME).

Company Calendar

• Today: 5/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Insurance - Life
• Sub-Industry: N/A
• Current Symbol: NASDAQ:MDWT
• CIK: 355379
• Web: www.midwestholding.com
• Phone: (402) 817-5701
• Fax: 402-489-8295
• Employees: 91
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.64
• P/E Growth: N/A
• Net Income: $7.14 million
• Net Margins: -10.17%
• Pretax Margin: 16.40%
• Return on Equity: 44.85%
• Return on Assets: 0.54%

Debt

• Debt-to-Equity Ratio: 1.14
• Current Ratio: 0.12
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $30.05 million
• Price / Sales: 3.36
• Cash Flow: $0.03 per share
• Price / Cash Flow: 979.39
• Book Value: $22.94 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 3,740,000
• Free Float: 3,120,000
• Market Cap: $100.94 million
• Optionable: Not Optionable
• Beta: 0.48