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His system isolated NVIDIA - Here's His Next Buy. (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
His system isolated NVIDIA - Here's His Next Buy. (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:MDWT

Midwest (MDWT) Stock Forecast, Price & News

$26.10
0.00 (0.00%)
(As of 09/22/2023 ET)
Compare
Today's Range
$26.04
$26.40
50-Day Range
$26.08
$26.68
52-Week Range
$12.25
$27.50
Volume
10,254 shs
Average Volume
7,816 shs
Market Capitalization
$97.61 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

Midwest MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
42.5% Downside
$15.00 Price Target
Short Interest
Healthy
0.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-19.48%
From $3.85 to $3.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.85 out of 5 stars

Finance Sector

844th out of 845 stocks

Life Insurance Industry

21st out of 21 stocks


MDWT stock logo

About Midwest (NASDAQ:MDWT) Stock

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.

MDWT Price History

MDWT Stock News Headlines

Midwest (NASDAQ:MDWT) Stock Price Down 0%
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
The 8 Best Breweries and Brewpubs in the Midwest
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Midwest Holding Inc.
Best Value Stocks to Buy for July 3rd
Best Value Stocks to Buy for June 26th
Best Children's Hospitals in Midwest
MDWT - Midwest Holding Inc.
See More Headlines
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MDWT Company Calendar

Last Earnings
8/11/2023
Today
9/24/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MDWT
Employees
91
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.00
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
-42.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$7.14 million
Pretax Margin
13.07%

Debt

Sales & Book Value

Annual Sales
$30.05 million
Cash Flow
$0.03 per share
Book Value
$22.94 per share

Miscellaneous

Free Float
3,120,000
Market Cap
$97.61 million
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Ms. Georgette Cecelia Nicholas (Age 58)
    CEO & Director
    Comp: $856.53k
  • Mr. Michael W. Minnich (Age 52)
    Pres, Chief Investment Officer & Director
    Comp: $560.25k
  • Mr. Thomas Bumbolow (Age 47)
    Managing Director of Bus. Devel.
    Comp: $533.75k
  • Mr. Eoin Elliffe (Age 46)
    Chief Risk Officer
    Comp: $311.94k
  • Mr. Elliot Sperber (Age 48)
    Deputy Chief Investment Officer of 1505 Capital LLC
    Comp: $535.25k
  • Mr. Daniel Scott Maloney (Age 58)
    Principal Accounting Officer, Treasurer and EVP of Accounting & Fin.
  • Mr. Joel H. Mathis (Age 84)
    Sr. VP of Investor Relations
  • Jeffrey Norris
    VP of HR
  • Mr. Richard Vecchiolla (Age 57)
    Head of Structuring -1505 Capital
  • Mr. Todd Christopher Boeve (Age 53)
    VP & Sec.













MDWT Stock - 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 forecast for 2023?

1 equities research analysts have issued 1-year price objectives for Midwest's stock. Their MDWT share price forecasts range from $15.00 to $15.00. On average, they expect the company's stock price to reach $15.00 in the next year. This suggests that the stock has a possible downside of 42.5%.
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 the year. Since then, MDWT shares have increased by 104.9% and is now trading at $26.10.
View the best growth stocks for 2023 here
.

Are investors shorting Midwest?

Midwest saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,200 shares, an increase of 41.4% from the August 15th total of 5,800 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the company's stock are sold short.
View Midwest's Short Interest
.

When is Midwest's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our MDWT earnings forecast
.

How were Midwest's earnings last quarter?

Midwest Holding Inc. (NASDAQ:MDWT) posted its quarterly earnings results on Friday, August, 11th. The company reported $2.51 EPS for the quarter, beating the consensus estimate of $0.39 by $2.12. The firm earned $30.24 million during the quarter, compared to analysts' expectations of $16.60 million. Midwest had a negative net margin of 2.49% and a positive trailing twelve-month return on equity of 38.90%.

When did Midwest IPO?

(MDWT) raised $72 million in an initial public offering (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.

What is Midwest's stock symbol?

Midwest trades on the NASDAQ under the ticker symbol "MDWT."

Who are Midwest's major shareholders?

Midwest's stock is owned by many different retail and institutional investors. Top institutional shareholders include Raymond James & Associates (2.98%), Ergoteles LLC (1.30%), LPL Financial LLC (1.04%), PenderFund Capital Management Ltd. (0.66%), Geode Capital Management LLC (0.63%) and BlackRock Inc. (0.59%). 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.

What is Midwest's stock price today?

One share of MDWT stock can currently be purchased for approximately $26.10.

How much money does Midwest make?

Midwest (NASDAQ:MDWT) has a market capitalization of $97.61 million and generates $30.05 million in revenue each year. The company earns $7.14 million in net income (profit) each year or ($0.64) on an earnings per share basis.

How can I contact Midwest?

The official website for the company is www.midwestholding.com. The company can be reached via phone at (402) 817-5701, via email at ir@midwestholding.com, or via fax at 402-489-8295.

This page (NASDAQ:MDWT) was last updated on 9/24/2023 by MarketBeat.com Staff

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