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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MFIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MFIC, but not buy additional shares or sell existing shares.
View MFIC analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year price targets for MidCap Financial Investment's stock. Their MFIC share price forecasts range from $12.00 to $13.00. On average, they anticipate the company's share price to reach $12.44 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for MFIC or view top-rated stocks among Wall Street analysts.

MidCap Financial Investment's stock was trading at $11.40 at the start of the year. Since then, MFIC shares have increased by 2.1% and is now trading at $11.64.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our MFIC earnings forecast.

MidCap Financial Investment Co. (NASDAQ:MFIC) announced its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. The business had revenue of $67.78 million for the quarter, compared to the consensus estimate of $65 million. MidCap Financial Investment had a trailing twelve-month return on equity of 10.42% and a net margin of 21.81%.

MidCap Financial Investment declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Tuesday, June 13th will be paid a dividend of $0.38 per share on Thursday, June 29th. This represents a $1.52 dividend on an annualized basis and a yield of 13.06%. The ex-dividend date of this dividend is Monday, June 12th.
Read our dividend analysis for MFIC.

ETFs with the largest weight of MidCap Financial Investment (NASDAQ:MFIC) stock in their portfolio include 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),

MidCap Financial Investment (NASDAQ:MFIC) pays an annual dividend of $1.52 per share and currently has a dividend yield of 13.06%. 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 185.37%. 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 92.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MFIC.

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

MidCap Financial Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Thornburg Investment Management Inc. (4.49%), Apollo Management Holdings L.P. (3.80%), Allspring Global Investments Holdings LLC (3.56%), Van ECK Associates Corp (1.45%), BlackRock Inc. (0.57%) and Bank of America Corp DE (0.54%). Insiders that own company stock include Tanner Powell and Ted Aymond Jr Mcnulty.
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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.
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One share of MFIC stock can currently be purchased for approximately $11.64.

MidCap Financial Investment (NASDAQ:MFIC) has a market capitalization of $761.84 million and generates $230.35 million in revenue each year. The company earns $1.29 million in net income (profit) each year or $0.82 on an earnings per share basis.

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.