NASDAQ:MFIC

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

$13.59

+0.08 (+0.59%)

(As of 04:35 PM ET)

Compare

Today's Range: $13.50
▼
$13.65
50-Day Range: $13.01
▼
$13.96
52-Week Range: $10.06
▼
$14.03

Volume: 103,638 shs
Average Volume: 197,720 shs
Market Capitalization: $886.75 million

P/E Ratio: 12.13
Dividend Yield: 11.18%
Price Target: $13.31

MidCap Financial Investment MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 2.0% Downside
$13.31 Price Target
Short Interest: Healthy
2.39% 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: -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.

1.59 out of 5 stars

Finance Sector

747th out of 809 stocks

Investment Offices, Not Elsewhere Classified Industry

6th out of 9 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 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.31, MidCap Financial Investment has a forecasted downside of 2.0% from its current price of $13.59.
Amount of Analyst Coverage
MidCap Financial Investment has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.39% 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 7.3.
Change versus previous month
Short interest in MidCap Financial Investment has recently decreased by 5.45%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
MidCap Financial Investment is a leading dividend payer. It pays a dividend yield of 11.10%, 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 135.71%. 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.

1.1

News and Social Media Coverage

Search Interest
6 people have searched for MFIC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
8 people have added MidCap Financial Investment to their MarketBeat watchlist in the last 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 -3.37% in the coming year, from $1.78 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MidCap Financial Investment is 12.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of MidCap Financial Investment is 12.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 90.33.
Price to Book Value per Share Ratio
MidCap Financial Investment has a P/B Ratio of 0.90. 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 (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

30 days | 90 days | 365 days | Advanced Chart

MFIC Stock News Headlines

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)

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

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

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

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

April 4, 2023 | finance.yahoo.com

MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended March 31, 2023

April 4, 2023 | morningstar.com

JPMorgan Mid Cap Value R6

March 31, 2023 | msn.com

Should you consider investing in large & midcap funds?

March 21, 2023 | seekingalpha.com

MidCap Financial Investment: A High-Yield Lower-Risk Investment

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.

MFIC Company Calendar

Ex-Dividend for 6/29 Dividend: 6/12/2023
Dividend Payable: 6/29/2023
Last Earnings: 8/02/2023
Ex-Dividend for 9/28 Dividend: 9/11/2023
Today: 9/22/2023
Dividend Payable: 9/28/2023
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: -2.0%
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: 12.13
Forward P/E Ratio: 7.63
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: 3.85
Cash Flow: $0.29 per share
Price / Cash Flow: 47.42
Book Value: $15.10 per share
Price / Book: 0.90

Miscellaneous

Outstanding Shares: 65,250,000
Free Float: 64,503,000
Market Cap: $886.75 million
Optionable: Optionable
Beta: 1.59

A Guide To High-Short-Interest Stocks

MarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

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 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 2 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued 12-month target prices for MidCap Financial Investment's shares. Their MFIC share price forecasts range from $12.00 to $14.75. On average, they expect the company's share price to reach $13.31 in the next year. This suggests that the stock has a possible downside of 2.0%.
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 19.2% and is now trading at $13.59.
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) released its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The firm earned $68.62 million during the quarter, compared to the consensus estimate of $67.66 million. MidCap Financial Investment had a net margin of 28.16% and a trailing twelve-month return on equity of 10.94%.
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 Wednesday, August 2nd. Stockholders of record on Tuesday, September 12th will be given 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 11.18%. 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 11.10%. 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."
Who are MidCap Financial Investment's major shareholders?: MidCap Financial Investment's stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.52%), Allspring Global Investments Holdings LLC (3.52%), Van ECK Associates Corp (1.55%), BlackRock Inc. (0.58%), Commonwealth Equity Services LLC (0.45%) and Clear Harbor Asset Management LLC (0.37%). 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.
What is MidCap Financial Investment's stock price today?: One share of MFIC stock can currently be purchased for approximately $13.59.
How much money does MidCap Financial Investment make?: MidCap Financial Investment (NASDAQ:MFIC) has a market capitalization of $886.75 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 9/22/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial