Midwest Stock Price, News & Analysis (NASDAQ:MDWT) $26.47 +0.10 (+0.38%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$26.44▼$26.6050-Day Range$25.98▼$26.4952-Week Range$12.32▼$27.50Volume10,741 shsAverage Volume9,627 shsMarket Capitalization$99.13 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Midwest MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside43.3% Downside$15.00 Price TargetShort InterestHealthy0.82% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth10.71%From $2.80 to $3.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.27 out of 5 starsFinance Sector694th out of 719 stocksLife Insurance Industry16th out of 16 stocks 1.0 Analyst's Opinion Consensus RatingMidwest has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.00, Midwest has a forecasted downside of 43.3% from its current price of $26.47.Amount of Analyst CoverageMidwest has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.82% of the float of Midwest has been sold short.Short Interest Ratio / Days to CoverMidwest has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Midwest has recently increased by 14.56%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMidwest does not currently pay a dividend.Dividend GrowthMidwest does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MDWT. Previous Next N/A News and Social Media Coverage Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Midwest insiders have not sold or bought any company stock.Percentage Held by Insiders16.70% of the stock of Midwest is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions54.94% of the stock of Midwest is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Midwest are expected to grow by 10.71% in the coming year, from $2.80 to $3.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Midwest is -10.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Midwest is -10.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMidwest has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Midwest Stock (NASDAQ:MDWT)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.Read More MDWT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MDWT Stock News HeadlinesNovember 19, 2023 | morningstar.comMidwest Holding Inc MDWTNovember 13, 2023 | finance.yahoo.comMidwest Holding Inc. Reports Third Quarter 2023 ResultsDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 10, 2023 | washingtonpost.comHow red-state politics are shaving years off American livesSeptember 16, 2023 | cnn.com‘A spit in the face.’ Electric vehicle plans worry a Midwest auto townSeptember 16, 2023 | travel.usnews.comThe 8 Best Breweries and Brewpubs in the MidwestAugust 28, 2023 | bizjournals.comCommunity Wholesale Tire leases 204,000 square feet of space in Hunt Midwest Business CenterAugust 21, 2023 | finance.yahoo.comAre Finance Stocks Lagging Midwest Holding (MDWT) This Year?December 7, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!August 16, 2023 | finance.yahoo.comAmerican Life & Security Corp., a subsidiary of Midwest Holding Inc., is proud to announce the launch of an exciting new annuity productAugust 11, 2023 | finance.yahoo.comMidwest Holding Inc. Reports Second Quarter 2023 ResultsAugust 6, 2023 | usatoday.com'Hottest weather of the summer': Heat wave takes aim at Midwest, NortheastJuly 26, 2023 | seekingalpha.comMidwest Holding shareholders approve merger with Antarctica CapitalJuly 26, 2023 | money.usnews.comMidwest Holding Inc.July 26, 2023 | finance.yahoo.comMidwest Holding Inc. Shareholders Approve Transaction with Antarctica CapitalJuly 18, 2023 | finance.yahoo.comIndependent Proxy Firms ISS and Glass Lewis Recommend Midwest Holding Shareholders Vote "FOR" the Proposed Transaction with Antarctica CapitalJuly 3, 2023 | finance.yahoo.comMidwest Holding Inc. (MDWT) Upgraded to Strong Buy: What Does It Mean for the Stock?July 3, 2023 | finance.yahoo.comBest Value Stocks to Buy for July 3rdJuly 1, 2023 | businesswire.comMIDWEST HOLDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Midwest ...June 26, 2023 | finance.yahoo.comBest Value Stocks to Buy for June 26thJune 24, 2023 | health.usnews.comBest Children's Hospitals in MidwestJune 18, 2023 | usatoday.comFood costs on the rise in the Midwest, even as US inflation levels continue to dipJune 2, 2023 | finance.yahoo.comMDWT - Midwest Holding Inc.May 15, 2023 | finance.yahoo.comMidwest Holding Inc. Reports First Quarter 2023 ResultsMay 10, 2023 | finance.yahoo.comInvesting in Midwest Holding (NASDAQ:MDWT) a year ago would have delivered you a 145% gainMay 5, 2023 | finance.yahoo.comMidwest Holding Inc. To Release First Quarter 2023 Results On May 15, 2023May 2, 2023 | marketwatch.comSHAREHOLDER ALERT: Weiss Law Investigates Midwest Holding Inc.See More Headlines Receive MDWT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Midwest and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/13/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/25/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Life insurance Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MDWT CUSIPN/A CIK355379 Webwww.midwestholding.com Phone(402) 817-5701Fax402-489-8295Employees91Year FoundedN/APrice Target and Rating Average Stock Price Target$15.00 High Stock Price Target$15.00 Low Stock Price Target$15.00 Potential Upside/Downside-43.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.50) Trailing P/E RatioN/A Forward P/E Ratio9.45 P/E GrowthN/ANet Income$7.14 million Net Margins-10.17% Pretax Margin16.40% Return on Equity44.85% Return on Assets0.54% Debt Debt-to-Equity Ratio1.14 Current Ratio0.12 Quick Ratio0.12 Sales & Book Value Annual Sales$92.53 million Price / Sales1.07 Cash Flow$0.03 per share Price / Cash Flow957.79 Book Value$22.94 per share Price / Book1.15Miscellaneous Outstanding Shares3,745,000Free Float3,120,000Market Cap$99.13 million OptionableNot Optionable Beta0.48 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMs. Georgette Cecelia Nicholas (Age 58)CEO & Director Comp: $856.53kMr. Michael W. Minnich (Age 52)President, Chief Investment Officer & Director Comp: $560.25kMr. Thomas Bumbolow (Age 47)Managing Director of Business Development Comp: $533.75kMr. Eoin Elliffe (Age 46)Chief Risk Officer Comp: $311.94kMr. Elliot Sperber (Age 48)Deputy Chief Investment Officer of 1505 Capital LLC Comp: $535.25kMr. Daniel Scott Maloney (Age 58)Principal Accounting Officer, Treasurer and EVP of Accounting & Finance Mr. Joel H. Mathis (Age 84)Senior Vice President of Investor Relations Jeffrey NorrisVice President of Human ResourcesMr. Richard Vecchiolla (Age 57)Head of Structuring -1505 Capital Comp: $623kMr. Todd Christopher Boeve (Age 53)VP & Secretary Comp: $149.35kMore ExecutivesKey CompetitorsAtlantic AmericanNASDAQ:AAMEVericityNASDAQ:VERYCitizensNYSE:CIAEllington Residential Mortgage REITNYSE:EARNMoneyHeroNASDAQ:MNYView All CompetitorsInstitutional OwnershipGTS Securities LLCBought 11,787 shares on 11/16/2023Ownership: 0.315%LPL Financial LLCSold 1,480 shares on 11/13/2023Ownership: 0.997%Trium Capital LLPSold 25,747 shares on 11/7/2023Ownership: 1.166%Raymond James & AssociatesSold 3,279 shares on 10/24/2023Ownership: 2.880%View All Institutional Transactions MDWT Stock Analysis - Frequently Asked Questions Should I buy or sell Midwest stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Midwest in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MDWT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MDWT, but not buy additional shares or sell existing shares. View MDWT analyst ratings or view top-rated stocks. What is Midwest's stock price target for 2024? 1 Wall Street analysts have issued 12-month target prices for Midwest's stock. Their MDWT share price targets range from $15.00 to $15.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 43.3%. View analysts price targets for MDWT or view top-rated stocks among Wall Street analysts. How have MDWT shares performed in 2023? Midwest's stock was trading at $12.74 at the beginning of 2023. Since then, MDWT shares have increased by 107.8% and is now trading at $26.47. View the best growth stocks for 2023 here. When is Midwest's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our MDWT earnings forecast. How were Midwest's earnings last quarter? Midwest Holding Inc. (NASDAQ:MDWT) announced its earnings results on Monday, November, 13th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.01. The business had revenue of $26.29 million for the quarter, compared to the consensus estimate of $18.60 million. Midwest had a positive trailing twelve-month return on equity of 44.85% and a negative net margin of 10.17%. When did Midwest IPO? (MDWT) raised $72 million in an IPO on Thursday, December 17th 2020. The company issued 1,000,000 shares at $70.00-$74.00 per share. Piper Sandler acted as the underwriter for the IPO and JMP Securities was co-manager. Who are Midwest's major shareholders? Midwest's stock is owned by a number of institutional and retail investors. Top institutional investors include Raymond James & Associates (2.88%), Trium Capital LLP (1.17%), LPL Financial LLC (1.00%) and GTS Securities LLC (0.32%). Insiders that own company stock include Knott Partners Lp and Michael W Minnich. View institutional ownership trends. How do I buy shares of Midwest? Shares of MDWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:MDWT) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Midwest Holding Inc. 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