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NASDAQ:MFIC

MidCap Financial Investment (MFIC) Stock Forecast, Price & News

$13.57
-0.18 (-1.31%)
(As of 11:22 AM ET)
Compare
Today's Range
$13.50
▼
$13.82
50-Day Range
$13.06
▼
$13.96
52-Week Range
$10.06
▼
$14.03
Volume
63,992 shs
Average Volume
197,723 shs
Market Capitalization
$885.44 million
P/E Ratio
12.12
Dividend Yield
11.20%
Price Target
$13.31
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

MidCap Financial Investment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.2% Downside
$13.31 Price Target
Short Interest
Healthy
2.27% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of MidCap Financial Investment in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.37%
From $1.78 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.

1.74 out of 5 stars

Finance Sector

761st out of 879 stocks

Investment Offices, Not Elsewhere Classified Industry

6th out of 8 stocks

See Top Rated MarketRank™ Stocks Here

MFIC stock logo

About MidCap Financial Investment (NASDAQ:MFIC) Stock

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. The fund seeks to make investments with stated maturities of five to 10 years.

MFIC Price History

MFIC Stock News Headlines

October 2, 2023 | markets.businessinsider.com
Truist Financial Sticks to Their Buy Rating for MidCap Financial Investment Corporation (MFIC)
September 28, 2023 | msn.com
Can midcap, smallcap stocks continue to outperform largecap shares?
October 2, 2023 | Edge On The Street (Ad)
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
September 25, 2023 | msn.com
MidCap Financial Investment: In The Right Place But With Too High Risk
September 23, 2023 | uk.investing.com
Nifty Midcap Select (NIFTYMIDSELECT)
August 21, 2023 | seekingalpha.com
With MidCap Financial, It's Steady As She Goes, Finally
August 14, 2023 | markets.businessinsider.com
Analysts Offer Insights on Financial Companies: MidCap Financial Investment Corporation (MFIC) and Deutsche Bank AG (DB)
August 14, 2023 | seekingalpha.com
MidCap Financial Investment: 11% Yield, Well-Performing Portfolio, 9% NAV Discount
October 2, 2023 | PressReach (Ad)
Nuclear Revival Creates Opportunities for Uranium
Uranium companies set to benefit from increased demand for clean energy.
August 3, 2023 | seekingalpha.com
MidCap Financial Investment Corporation (MFIC) Q2 2023 Earnings Call Transcript
August 3, 2023 | washingtonpost.com
MidCap Financial: Q2 Earnings Snapshot
August 3, 2023 | finance.yahoo.com
MidCap Financial (MFIC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
August 3, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation (NASDAQ:MFIC) Q2 2023 Earnings Call Transcript
August 2, 2023 | seekingalpha.com
MidCap Financial Investment Corporation 2023 Q2 - Results - Earnings Call Presentation
July 18, 2023 | seekingalpha.com
MidCap Financial Appears Well Positioned To Offer Solid Returns
July 10, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation Reschedules Earnings Conference Call for Quarter Ended June 30, 2023
July 5, 2023 | forbes.com
3 Megatrend Midcap Stocks Growing Payouts Up To 385%
June 27, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2023
June 12, 2023 | finance.yahoo.com
MFIC - MidCap Financial Investment Corporation
June 7, 2023 | msn.com
MidCap Financial's Ex-Dividend Date Is Monday, Here's What You Need To Know
May 9, 2023 | seekingalpha.com
MidCap Financial Investment: Pay Attention To The New Financial Face Of MidCap
May 2, 2023 | apnews.com
MidCap Financial: Q1 Earnings Snapshot
May 2, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2023
April 22, 2023 | marketwatch.com
8-K: MidCap Financial Investment Corp
April 20, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility
April 20, 2023 | finance.yahoo.com
MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility
April 19, 2023 | msn.com
Wells Fargo Maintains MidCap Financial Investment (MFIC) Overweight Recommendation
See More Headlines
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MFIC Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/28 Dividend
9/11/2023
Dividend Payable
9/28/2023
Today
10/02/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MFIC
CUSIP
N/A
CIK
1278752
Web
www.apolloic.com
Phone
(212) 515-3450
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.31
High Stock Price Forecast
$14.75
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
-2.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.12
Trailing P/E Ratio
12.23
Forward P/E Ratio
7.70
P/E Growth
N/A
Net Income
$1.29 million
Net Margins
28.16%
Pretax Margin
28.16%
Return on Equity
10.94%
Return on Assets
4.32%

Debt

Debt-to-Equity Ratio
1.49
Current Ratio
3.09
Quick Ratio
3.09

Sales & Book Value

Annual Sales
$230.35 million
Price / Sales
3.88
Cash Flow
$0.29 per share
Price / Cash Flow
47.63
Book Value
$15.10 per share
Price / Book
0.91

Miscellaneous

Outstanding Shares
65,250,000
Free Float
64,503,000
Market Cap
$893.93 million
Optionable
Optionable
Beta
1.55
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Key Executives

  • Mr. Howard T. Widra (Age 51)
    Exec. Chairman
  • Mr. Tanner Powell (Age 42)
    Chief Exec. Officer
  • Mr. Ted McNulty
    Pres & Chief Investment Officer for Apollo Investment Management
  • Mr. Gregory William Hunt (Age 66)
    CFO & Treasurer
  • Ms. Kristin Marie Hester (Age 43)
    Chief Legal Officer, Sec. & VP
  • Mr. Amit Joshi (Age 41)
    VP, Controller & Assistant Treasurer
  • Ms. Elizabeth Besen
    Investor Relations Mang.
  • Mr. Ryan Louis Michael Del Giudice (Age 32)
    VP & Chief Compliance Officer
  • Mr. Justin Sendak (Age 54)
    Managing Director
  • Mr. Daniel Vogel
    Managing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MFIC Stock - Frequently Asked Questions

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last twelve months. There are currently 2 hold ratings and 2 buy ratings 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 forecast for 2023?

4 equities research analysts have issued twelve-month price objectives for MidCap Financial Investment's stock. Their MFIC share price forecasts range from $12.00 to $14.75. On average, they expect the company's stock price to reach $13.31 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
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 start of the year. Since then, MFIC stock has increased by 20.2% and is now trading at $13.70.
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 Thursday, November 2nd 2023.
View our MFIC earnings forecast.

How were MidCap Financial Investment's earnings last quarter?

MidCap Financial Investment Co. (NASDAQ:MFIC) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.01. The firm earned $68.62 million during the quarter, compared to analyst estimates of $67.66 million. MidCap Financial Investment had a trailing twelve-month return on equity of 10.94% and a net margin of 28.16%.

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

MidCap Financial Investment announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Tuesday, September 12th will be paid a dividend of $0.38 per share on Thursday, September 28th. This represents a $1.52 dividend on an annualized basis and a yield of 11.09%. The ex-dividend date of this dividend is Monday, September 11th.
Read our dividend analysis for MFIC.

What ETFs hold MidCap Financial Investment's stock?

ETFs with the largest weight of MidCap Financial Investment (NASDAQ:MFIC) stock in their portfolio include Putnam BDC Income ETF (PBDC), Invesco KBW High Dividend Yield Financial ETF (KBWD), Virtus Private Credit Strategy ETF (VPC) and VanEck BDC Income ETF (BIZD).ProShares Global Listed Private Equity ETF (PEX).

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 11.06%. 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 135.71%. 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 is MidCap Financial Investment's stock symbol?

MidCap Financial Investment trades on the NASDAQ under the ticker symbol "MFIC."

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.

What is MidCap Financial Investment's stock price today?

One share of MFIC stock can currently be purchased for approximately $13.70.

How much money does MidCap Financial Investment make?

MidCap Financial Investment (NASDAQ:MFIC) has a market capitalization of $893.93 million and generates $230.35 million in revenue each year. The company earns $1.29 million in net income (profit) each year or $1.12 on an earnings per share basis.

How can I contact MidCap Financial Investment?

MidCap Financial Investment's mailing address is 9 West 57th Street37th Floor, New York NY, 10019. The official website for the company is www.apolloic.com. The company can be reached via phone at (212) 515-3450 or via email at investorrelations@apolloic.com.

This page (NASDAQ:MFIC) was last updated on 10/2/2023 by MarketBeat.com Staff

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