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?

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) .

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 .

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

1.3

Analyst's Opinion

Consensus Rating
MidCap Financial Investment has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.38, MidCap Financial Investment has a forecasted upside of 7.2% from its current price of $13.41.
Amount of Analyst Coverage
MidCap Financial Investment has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.41% of the outstanding shares of MidCap Financial Investment have been sold short.
Short Interest Ratio / Days to Cover
MidCap Financial Investment has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in MidCap Financial Investment has recently increased by 3.29%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
MidCap Financial Investment is a leading dividend payer. It pays a dividend yield of 11.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MidCap Financial Investment has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of MidCap Financial Investment is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, MidCap Financial Investment will have a dividend payout ratio of 88.37% in the coming year. This indicates that MidCap Financial Investment may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MFIC.

3.3

News and Social Media Coverage

News Sentiment
MidCap Financial Investment has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for MidCap Financial Investment this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for MFIC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
4 people have added MidCap Financial Investment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MidCap Financial Investment insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.15% of the stock of MidCap Financial Investment is held by insiders.
Percentage Held by Institutions
Only 27.96% of the stock of MidCap Financial Investment is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for MidCap Financial Investment are expected to decrease by -1.71% in the coming year, from $1.75 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MidCap Financial Investment is 10.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of MidCap Financial Investment is 10.08, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 359.89.
Price to Book Value per Share Ratio
MidCap Financial Investment has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

MFIC Stock News Headlines

November 17, 2023 | finance.yahoo.com

3 Dividend Stocks That Are Undervalued and Yielding More Than 6%

November 9, 2023 | finance.yahoo.com

MidCap Financial Investment Corporation (NASDAQ:MFIC) Q2 2024 Earnings Call Transcript

November 28, 2023 | DTI Trader (Ad)

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November 9, 2023 | wsj.com

MidCap Financial Investment Corp.

November 9, 2023 | seekingalpha.com

MidCap Financial Investment Corporation (MFIC) Q2 2024 Earnings Call Transcript

November 7, 2023 | chron.com

MidCap Financial: Q3 Earnings Snapshot

November 7, 2023 | finance.yahoo.com

MidCap Financial (MFIC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

October 28, 2023 | investing.com

S&P BSE MidCap (SPBSMCSI)

November 28, 2023 | Edge On The Street (Ad)

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October 26, 2023 | investing.com

FTSE Mid-Cap 250 (FTMC)

October 17, 2023 | finance.yahoo.com

MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended September 30, 2023

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?

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

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

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

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 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

EPS (Most Recent Fiscal Year): $1.33
Trailing P/E Ratio: 10.08
Forward P/E Ratio: 7.66
P/E Growth: N/A
Net Income: $1.29 million
Net Margins: 32.40%
Pretax Margin: 32.40%
Return on Equity: 11.51%
Return on Assets: 4.58%

Debt

Debt-to-Equity Ratio: 1.44
Current Ratio: 3.67
Quick Ratio: 3.67

Sales & Book Value

Annual Sales: $230.35 million
Price / Sales: 3.80
Cash Flow: $0.29 per share
Price / Cash Flow: 46.59
Book Value: $15.10 per share
Price / Book: 0.89

Miscellaneous

Outstanding Shares: 65,250,000
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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?: 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).
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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