S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs?
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs?
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs?
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: World shares shrug off Wall St blues as investors eye corporate earnings
Wegovy vs. Zepbound: Who Wins the Battle of the GLP-1 Drugs?
NASDAQ:MFIC

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

$15.31
+0.30 (+2.00%)
(As of 04/19/2024 08:50 PM ET)
Today's Range
$14.96
$15.36
50-Day Range
$13.69
$15.31
52-Week Range
$10.78
$15.36
Volume
462,300 shs
Average Volume
241,155 shs
Market Capitalization
$998.98 million
P/E Ratio
8.41
Dividend Yield
9.93%
Price Target
$14.79

MidCap Financial Investment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.4% Downside
$14.79 Price Target
Short Interest
Healthy
0.06% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.87mentions of MidCap Financial Investment in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.23%
From $1.72 to $1.63 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.32 out of 5 stars

Finance Sector

601st out of 831 stocks

Investment Offices, Not Elsewhere Classified Industry

2nd out of 7 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

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
MFIC Apr 2024 14.000 put
Q4 2023 MidCap Financial Investment Corp Earnings Call
MidCap Financial: Q3 Earnings Insights
MidCap Financial: Q4 Earnings Snapshot
Earnings Outlook For MidCap Financial
High-Yield Haven: 3 Dividend Stocks to Secure Now
See More Headlines
Receive MFIC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MidCap Financial Investment and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 3/28 Dividend
3/11/2024
Dividend Payable
3/28/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$14.79
High Stock Price Target
$16.00
Low Stock Price Target
$14.00
Potential Upside/Downside
-3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$118.76 million
Pretax Margin
42.95%

Debt

Sales & Book Value

Annual Sales
$276.52 million
Cash Flow
$1.82 per share
Book Value
$15.41 per share

Miscellaneous

Free Float
64,503,000
Market Cap
$998.98 million
Optionable
Optionable
Beta
1.47
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Howard T. Widra (Age 52)
    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 67)
    CFO & Treasurer
  • Ms. Kristin Marie Hester (Age 44)
    Chief Legal Officer, Secretary & VP
  • Ms. Elizabeth Besen
    Investor Relations Manager
  • Mr. Ryan Louis Michael Del Giudice (Age 33)
    VP & Chief Compliance Officer
  • Mr. Justin Sendak (Age 55)
    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?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last twelve months. There are currently 3 hold ratings and 3 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 target for 2024?

6 analysts have issued 1 year price targets for MidCap Financial Investment's shares. Their MFIC share price targets range from $14.00 to $16.00. On average, they expect the company's stock price to reach $14.79 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for MFIC
or view top-rated stocks among Wall Street analysts.

How have MFIC shares performed in 2024?

MidCap Financial Investment's stock was trading at $13.68 on January 1st, 2024. Since then, MFIC stock has increased by 11.9% and is now trading at $15.31.
View the best growth stocks for 2024 here
.

Are investors shorting MidCap Financial Investment?

MidCap Financial Investment saw a decline in short interest in March. As of March 31st, there was short interest totaling 40,200 shares, a decline of 96.4% from the March 15th total of 1,130,000 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is presently 6.1 days.
View MidCap Financial Investment's Short Interest
.

When is MidCap Financial Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our MFIC earnings forecast
.

How can I listen to MidCap Financial Investment's earnings call?

MidCap Financial Investment will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-1126.

How were MidCap Financial Investment's earnings last quarter?

MidCap Financial Investment Co. (NASDAQ:MFIC) posted its quarterly earnings results on Monday, February, 26th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The business earned $71.95 million during the quarter, compared to analysts' expectations of $68.44 million. MidCap Financial Investment had a net margin of 42.95% and a trailing twelve-month return on equity of 15.50%. During the same quarter in the prior year, the firm posted $0.43 earnings per share.

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 Friday, February 23rd. Investors of record on Tuesday, March 12th will be paid a dividend of $0.38 per share on Thursday, March 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 9.93%. The ex-dividend date of this dividend is Monday, March 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 9.93%. 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 83.52%. 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 93.25% 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 retail and institutional investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.34%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), International Assets Investment Management LLC (0.03%) and Register Financial Advisors LLC (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MFIC) was last updated on 4/22/2024 by MarketBeat.com Staff

From Our Partners