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S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
Teva Pharma is the way to play the re-rise of generic drugs
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
Teva Pharma is the way to play the re-rise of generic drugs
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
Teva Pharma is the way to play the re-rise of generic drugs
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
BellRing Brands gets pumped on the Ozempic weight-loss trend
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.

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

$13.41
-0.04 (-0.30%)
(As of 11/27/2023 ET)
Compare
Today's Range
$13.36
$13.45
50-Day Range
$12.55
$13.90
52-Week Range
$10.39
$14.03
Volume
140,306 shs
Average Volume
145,528 shs
Market Capitalization
$875.00 million
P/E Ratio
10.08
Dividend Yield
11.33%
Price Target
$14.38

MidCap Financial Investment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.2% Upside
$14.38 Price Target
Short Interest
Bearish
2.41% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-1.71%
From $1.75 to $1.72 Per Share

Overall MarketRank

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

1.60 out of 5 stars

Financial Services Sector

10th out of 13 stocks

Asset Management Industry

4th out of 5 stocks


MFIC stock logo

About MidCap Financial Investment Stock (NASDAQ:MFIC)

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.

MFIC Stock Price History

MFIC Stock News Headlines

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MidCap Financial Investment Corp.
MidCap Financial: Q3 Earnings Snapshot
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See More Headlines
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Company Calendar

Ex-Dividend for 9/28 Dividend
9/11/2023
Dividend Payable
9/28/2023
Last Earnings
11/07/2023
Today
11/28/2023
Ex-Dividend for 12/28 Dividend
12/11/2023
Dividend Payable
12/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/20/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$14.38
High Stock Price Target
$14.75
Low Stock Price Target
$14.00
Potential Upside/Downside
+7.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$1.29 million
Pretax Margin
32.40%

Debt

Sales & Book Value

Annual Sales
$230.35 million
Cash Flow
$0.29 per share
Book Value
$15.10 per share

Miscellaneous

Free Float
64,503,000
Market Cap
$875.00 million
Optionable
Optionable
Beta
1.59
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Key Executives

  • Mr. Howard T. Widra (Age 51)
    Executive Chairman of the Board
  • Mr. Tanner Powell (Age 43)
    Chief Executive Officer
  • Mr. Ted McNulty
    President & Chief Investment Officer for Apollo Investment Management
  • Mr. Gregory William Hunt (Age 66)
    CFO & Treasurer
  • Ms. Kristin Marie Hester (Age 43)
    Chief Legal Officer, Secretary & VP
  • Ms. Elizabeth Besen
    Investor Relations Manager
  • Mr. Ryan Louis Michael Del Giudice (Age 32)
    VP & Chief Compliance Officer
  • Mr. Justin Sendak (Age 54)
    Managing Director
  • Mr. Daniel Vogel
    Managing Director
  • Mr. Patrick Ryan
    Chief Credit Officer of AIM














MFIC Stock Analysis - Frequently Asked Questions

Should I buy or sell MidCap Financial Investment stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MFIC shares.
View MFIC analyst ratings
or view top-rated stocks.

What is MidCap Financial Investment's stock price target for 2024?

2 brokerages have issued 12 month price targets for MidCap Financial Investment's stock. Their MFIC share price targets range from $14.00 to $14.75. On average, they expect the company's stock price to reach $14.38 in the next year. This suggests a possible upside of 7.2% from the stock's current price.
View analysts price targets for MFIC
or view top-rated stocks among Wall Street analysts.

How have MFIC shares performed in 2023?

MidCap Financial Investment's stock was trading at $11.40 at the beginning of the year. Since then, MFIC stock has increased by 17.6% and is now trading at $13.41.
View the best growth stocks for 2023 here
.

When is MidCap Financial Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
View our MFIC earnings forecast
.

How were MidCap Financial Investment's earnings last quarter?

MidCap Financial Investment Co. (NASDAQ:MFIC) announced its earnings results on Tuesday, November, 7th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01. MidCap Financial Investment had a trailing twelve-month return on equity of 11.51% and a net margin of 32.40%.

How often does MidCap Financial Investment pay dividends? What is the dividend yield for MidCap Financial Investment?

MidCap Financial Investment declared a quarterly dividend on Tuesday, November 7th. Investors of record on Tuesday, December 12th will be paid a dividend of $0.38 per share on Thursday, December 28th. This represents a $1.52 annualized dividend and a dividend yield of 11.33%. The ex-dividend date is Monday, December 11th.
Read our dividend analysis for MFIC
.

Is MidCap Financial Investment a good dividend stock?

MidCap Financial Investment (NASDAQ:MFIC) pays an annual dividend of $1.52 per share and currently has a dividend yield of 11.30%. MFIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MFIC will have a dividend payout ratio of 88.37% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MFIC.

What ETFs hold MidCap Financial Investment's stock?
Who are MidCap Financial Investment's major shareholders?

MidCap Financial Investment's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.49%), Van ECK Associates Corp (1.66%), Invesco Ltd. (1.21%), Legal & General Group Plc (0.72%), Commonwealth Equity Services LLC (0.50%) and Ameriprise Financial Inc. (0.38%). Insiders that own company stock include Tanner Powell and Ted Aymond Jr Mcnulty.
View institutional ownership trends
.

How do I buy shares of MidCap Financial Investment?

Shares of MFIC 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:MFIC) was last updated on 11/28/2023 by MarketBeat.com Staff

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