Should I buy or sell MidCap Financial Investment stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

6 analysts have issued 1 year price objectives for MidCap Financial Investment's shares. Their MFIC share price targets range from $14.00 to $16.00. On average, they predict the company's stock price to reach $14.79 in the next year. This suggests that the stock has a possible downside of 1.5%. 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 stock has increased by 9.7% and is now trading at $15.01. View the best growth stocks for 2024 here .

Are investors shorting MidCap Financial Investment?

MidCap Financial Investment saw a decrease in short interest in March. As of March 31st, there was short interest totaling 40,200 shares, a decrease of 96.4% from the March 15th total of 1,130,000 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 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) announced its quarterly earnings results on Monday, February, 26th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The firm 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 last year, the business earned $0.43 EPS.

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 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 10.13%. The ex-dividend date 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 10.29%. MFIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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?

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) , VanEck BDC Income ETF (BIZD) and Virtus Private Credit Strategy ETF (VPC) . ProShares Global Listed Private Equity ETF (PEX) .

Who are MidCap Financial Investment's major shareholders?

MidCap Financial Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.34%), 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 .

NASDAQ:MFIC

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

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Free MFIC Stock Alerts

$15.01

+0.13 (+0.87%)

(As of 04/18/2024 ET)

Compare

Today's Range: $14.84
▼
$15.03
50-Day Range: $13.68
▼
$15.15
52-Week Range: $10.78
▼
$15.19

Volume: 177,456 shs
Average Volume: 238,207 shs
Market Capitalization: $979.40 million

P/E Ratio: 8.25
Dividend Yield: 10.13%
Price Target: $14.79

Get MidCap Financial Investment alerts:

MidCap Financial Investment MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 1.5% 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: 1.11
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -5.78%
From $1.73 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.

2.31 out of 5 stars

Finance Sector

604th out of 826 stocks

Investment Offices, Not Elsewhere Classified Industry

2nd out of 7 stocks

2.3

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 3 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
MidCap Financial Investment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
0.06% 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 6.1.
Change versus previous month
Short interest in MidCap Financial Investment has recently decreased by 96.44%, 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 10.29%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
MidCap Financial Investment has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of MidCap Financial Investment is 83.52%. 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 93.25% 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.

2.8

News and Social Media Coverage

News Sentiment
MidCap Financial Investment has a news sentiment score of 1.11. 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 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for MidCap Financial Investment this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for MFIC on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added MidCap Financial Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 28.45% 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 -5.78% in the coming year, from $1.73 to $1.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MidCap Financial Investment is 8.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of MidCap Financial Investment is 8.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.74.
Price to Book Value per Share Ratio
MidCap Financial Investment has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

April 18, 2024 | americanbankingnews.com

MidCap Financial Investment Co. (NASDAQ:MFIC) Receives Average Rating of "Moderate Buy" from Analysts

April 10, 2024 | msn.com

Swing Trade: This Midcap is Up 6% This Week! Where to Book?

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 9, 2024 | globenewswire.com

MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended March 31, 2024

April 9, 2024 | americanbankingnews.com

MidCap Financial Investment (NASDAQ:MFIC) & BlackRock MuniYield Fund (NYSE:MYD) Financial Analysis

April 4, 2024 | globenewswire.com

MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Filing of Definitive Joint Proxy Statement / Prospectus Relating to Previously Announced Proposed Mergers

March 22, 2024 | seekingalpha.com

MidCap Financial Went Conservative But Still Offers Investors A Compelling Opportunity

March 18, 2024 | seekingalpha.com

MidCap Financial Could Be Poised To Generate Healthy Returns In 2024

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 16, 2024 | finance.yahoo.com

MFIC Apr 2024 14.000 put

March 15, 2024 | msn.com

BUY: Rs 193 per share profit! Midcap stock to keep on radar

February 28, 2024 | investorplace.com

The Dividend Promise: 3 Stocks Set to Deliver in March 2024

February 28, 2024 | markets.businessinsider.com

Peeling Back The Layers: Exploring MidCap Financial Through Analyst Insights

February 28, 2024 | finance.yahoo.com

MidCap Financial Investment Corporation (NASDAQ:MFIC) Q4 2023 Earnings Call Transcript

February 28, 2024 | seekingalpha.com

MidCap Financial Investment Corporation (MFIC) Q4 2023 Earnings Call Transcript

February 28, 2024 | finance.yahoo.com

Q4 2023 MidCap Financial Investment Corp Earnings Call

February 27, 2024 | msn.com

MidCap Financial Investment declares $0.38 dividend

February 26, 2024 | benzinga.com

MidCap Financial: Q3 Earnings Insights

February 26, 2024 | msn.com

MidCap Financial Investment reports Q4 results

February 26, 2024 | washingtonpost.com

MidCap Financial: Q4 Earnings Snapshot

February 26, 2024 | msn.com

MidCap Financial Investment Q4 earnings beat, NAV per share climbs

February 26, 2024 | finance.yahoo.com

MidCap Financial Investment Corp Reports Strong Quarterly and Annual Performance

February 26, 2024 | globenewswire.com

MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2023

February 23, 2024 | msn.com

MidCap Financial Investment Q4 2023 Earnings Preview

February 23, 2024 | benzinga.com

Earnings Outlook For MidCap Financial

February 21, 2024 | msn.com

AUM of mid & small-cap MFs closes in on large caps

February 6, 2024 | finance.yahoo.com

High-Yield Haven: 3 Dividend Stocks to Secure Now

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Ex-Dividend for 3/28 Dividend: 3/11/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
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: $14.79
High Stock Price Target: $16.00
Low Stock Price Target: $14.00
Potential Upside/Downside: -1.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.82
Trailing P/E Ratio: 8.25
Forward P/E Ratio: 8.68
P/E Growth: N/A
Net Income: $118.76 million
Net Margins: 42.95%
Pretax Margin: 42.95%
Return on Equity: 15.50%
Return on Assets: 6.22%

Debt

Debt-to-Equity Ratio: 1.45
Current Ratio: 4.43
Quick Ratio: 4.43

Sales & Book Value

Annual Sales: $276.52 million
Price / Sales: 3.54
Cash Flow: $1.85 per share
Price / Cash Flow: 8.12
Book Value: $15.41 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 65,250,000
Free Float: 64,503,000
Market Cap: $979.40 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 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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MFIC Stock Analysis - Frequently Asked Questions

Should I buy or sell MidCap Financial Investment stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MidCap Financial Investment in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 6 analysts have issued 1 year price objectives for MidCap Financial Investment's shares. Their MFIC share price targets range from $14.00 to $16.00. On average, they predict the company's stock price to reach $14.79 in the next year. This suggests that the stock has a possible downside of 1.5%.
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 stock has increased by 9.7% and is now trading at $15.01.
View the best growth stocks for 2024 here.
Are investors shorting MidCap Financial Investment?: MidCap Financial Investment saw a decrease in short interest in March. As of March 31st, there was short interest totaling 40,200 shares, a decrease of 96.4% from the March 15th total of 1,130,000 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 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) announced its quarterly earnings results on Monday, February, 26th. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.03. The firm 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 last year, the business earned $0.43 EPS.
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 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 10.13%. The ex-dividend date 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 10.29%. MFIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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?: 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), VanEck BDC Income ETF (BIZD) and Virtus Private Credit Strategy ETF (VPC).ProShares Global Listed Private Equity ETF (PEX).
Who are MidCap Financial Investment's major shareholders?: MidCap Financial Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.34%), 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 4/18/2024 by MarketBeat.com Staff

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

MidCap Financial Investment MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MidCap Financial Investment Stock (NASDAQ:MFIC)

MFIC Stock Price History

MFIC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

MFIC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™