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MidCap Financial InvestmentNASDAQ: MFIC

Profile

Country:

United States

IPO:

06 April 2004

Next earnings report:

02 August 2024

Last dividends:

11 June 2024

Next dividends:

N/A
$993.48 M
-6%vs. 3y high
63%vs. sector
-70%vs. 3y high
22%vs. sector
-6%vs. 3y high
40%vs. sector
-62%vs. 3y high
92%vs. sector

Price

regular market | 11 min ago
$15.22-$0.10(-0.68%)
$28.67 M$72.36 M
$28.67 M$25.49 M

Analysts recommendations

Institutional Ownership

MFIC Latest News

MidCap Financial: A Well-Covered 9.4% Yield, But Don't Chase It
seekingalpha.com10 June 2024 Sentiment: -

MidCap Financial Investment Corporation's stock classification was modified due to anticipated decline in short-term interest rates. The BDC's 100% floating-rate exposure has not yet resulted in softening net investment income prospects. The stock has seen a 20% rise in the first few months of 2024 due to the reluctant central bank.

MidCap Financial Investment Corporation: Buy This 10% Yielder Before The Merger
Seeking Alpha05 May 2024 Sentiment: POSITIVE

MidCap Financial Investment Corporation is a business development company that specializes in investing in senior secured debt loans for middle market companies. MFIC is currently in talks to merge with Apollo Senior Floating Rate Fund and Apollo Tactical Income Fund, both managed by affiliates of Apollo Global Management. The merger aims to create a larger company that will maintain MFIC's investment strategy while enhancing its ability to access capital.

MidCap Financial Could Be Poised To Generate Healthy Returns In 2024
Seeking Alpha18 March 2024 Sentiment: POSITIVE

MidCap Financial Investment Corporation is likely to benefit from improving deal activity and investor confidence in the credit market. The company's strategy of diversifying its investment portfolio and focusing on first-lien loans lowers the risk factor. MidCap Financial has a strong liquidity position and has been actively capitalizing on attractive opportunities in the middle market.

The Dividend Promise: 3 Stocks Set to Deliver in March 2024
InvestorPlace28 February 2024 Sentiment: POSITIVE

Investing in dividend stocks is one method used to build a robust stock portfolio. It allows for added income for a particular security on top of its underlying stock performance, which makes it a very enticing option.

MidCap Financial Investment Corporation (MFIC) Q4 2023 Earnings Call Transcript
Seeking Alpha27 February 2024 Sentiment: NEUTRAL

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

Compared to Estimates, MidCap Financial (MFIC) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research26 February 2024 Sentiment: NEUTRAL

The headline numbers for MidCap Financial (MFIC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

MidCap Financial Investment (MFIC) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research26 February 2024 Sentiment: POSITIVE

MidCap Financial Investment (MFIC) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.43 per share a year ago.

MidCap Financial Investment (MFIC) Reports Next Week: What You Should Expect
Zacks Investment Research19 February 2024 Sentiment: NEGATIVE

MidCap Financial (MFIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MidCap Financial Investment Corporation: 11% Dividend Is One Of Two Good Income Options
Seeking Alpha05 February 2024 Sentiment: POSITIVE

MidCap Financial Investment Corporation provides senior debt loans to middle market companies. The company's dividend is yielding 11% and they have an 8% interest baby bond. The company has reduced its debt load by $50 million and seen a stable net asset value per share. MidCap Financial Investment has experienced a stronger 2023 with a significant increase in investment income and a healthy gain in profitability.

MidCap Financial Investment: Avoid This 100% Floating-Rate BDC (Downgrade)
Seeking Alpha22 December 2023 Sentiment: POSITIVE

MidCap Financial Investment is a floating-rate business development company with exposure to declining returns in a lower-rate environment. The company's merger with other BDCs provides opportunities for growth and expense advantages. The stock is currently selling at a discount to net asset value and is not expected to appreciate significantly in a low-rate environment. Hold.

  • 1(current)

What type of business is MidCap Financial Investment?

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.

What sector is MidCap Financial Investment in?

MidCap Financial Investment is in the Financial Services sector

What industry is MidCap Financial Investment in?

MidCap Financial Investment is in the Asset Management industry

What country is MidCap Financial Investment from?

MidCap Financial Investment is headquartered in United States

When did MidCap Financial Investment go public?

MidCap Financial Investment initial public offering (IPO) was on 06 April 2004

What is MidCap Financial Investment website?

https://www.apolloic.com

Is MidCap Financial Investment in the S&P 500?

No, MidCap Financial Investment is not included in the S&P 500 index

Is MidCap Financial Investment in the NASDAQ 100?

No, MidCap Financial Investment is not included in the NASDAQ 100 index

Is MidCap Financial Investment in the Dow Jones?

No, MidCap Financial Investment is not included in the Dow Jones index

When does MidCap Financial Investment report earnings?

The next expected earnings date for MidCap Financial Investment is 02 August 2024