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NASDAQ:MFIC

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

$14.59
-0.09 (-0.61%)
(As of 02/28/2024 ET)
Today's Range
$14.50
$14.74
50-Day Range
$13.47
$14.68
52-Week Range
$10.39
$14.74
Volume
245,997 shs
Average Volume
194,877 shs
Market Capitalization
$952.00 million
P/E Ratio
8.02
Dividend Yield
10.42%
Price Target
$14.95

MidCap Financial Investment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
1.4% Upside
$14.79 Price Target
Short Interest
Bearish
2.10% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.68mentions of MidCap Financial Investment in the last 14 days
Based on 27 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.76%
From $1.70 to $1.67 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.

1.68 out of 5 stars

Finance Sector

683rd out of 844 stocks

Investment Offices, Not Elsewhere Classified Industry

2nd out of 9 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

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Q4 2023 MidCap Financial Investment Corp Earnings Call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
MidCap Financial: Q3 Earnings Insights
MidCap Financial: Q4 Earnings Snapshot
Earnings Outlook For MidCap Financial
High-Yield Haven: 3 Dividend Stocks to Secure Now
MFIC Feb 2024 12.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 12/28 Dividend
12/11/2023
Dividend Payable
12/28/2023
Last Earnings
2/26/2024
Today
2/28/2024
Ex-Dividend for 3/28 Dividend
3/11/2024
Dividend Payable
3/28/2024
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
+2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
6 Analysts

Profitability

Net Income
$1.29 million
Pretax Margin
32.40%

Debt

Sales & Book Value

Annual Sales
$276.52 million
Cash Flow
$0.30 per share
Book Value
$15.10 per share

Miscellaneous

Free Float
64,503,000
Market Cap
$950.69 million
Optionable
Optionable
Beta
1.47
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Key Executives

  • Mr. Howard T. Widra (Age 52)
    Executive Chairman of the Board
  • Mr. Tanner Powell (Age 44)
    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 Wall Street research analysts have issued twelve-month target prices for MidCap Financial Investment's stock. Their MFIC share price targets range from $14.00 to $16.00. On average, they anticipate the company's share price to reach $14.79 in the next twelve months. This suggests a possible upside of 1.4% 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 2024?

MidCap Financial Investment's stock was trading at $13.68 at the start of the year. Since then, MFIC shares have increased by 6.7% and is now trading at $14.59.
View the best growth stocks for 2024 here
.

How were MidCap Financial Investment's earnings last quarter?

MidCap Financial Investment Co. (NASDAQ:MFIC) issued its quarterly earnings data on Monday, February, 26th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The firm earned $71.95 million during the quarter, compared to analyst estimates of $68.44 million. MidCap Financial Investment had a net margin of 42.95% and a trailing twelve-month return on equity of 11.67%. During the same period 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 declared a quarterly dividend on Monday, February 26th. Stockholders 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 10.42%. 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 10.78%. 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 91.02% 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 many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.46%), Van ECK Associates Corp (1.83%), Legal & General Group Plc (0.78%), International Assets Investment Management LLC (0.44%), Condor Capital Management (0.38%) and D.A. Davidson & CO. (0.30%). 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 2/29/2024 by MarketBeat.com Staff