MidCap Financial Investment Corporation (MFIC)
Market Cap | 981.41M |
Revenue (ttm) | 276.52M |
Net Income (ttm) | 118.76M |
Shares Out | 65.25M |
EPS (ttm) | 1.82 |
PE Ratio | 8.26 |
Forward PE | 8.62 |
Dividend | $1.52 (10.11%) |
Ex-Dividend Date | Mar 11, 2024 |
Volume | 492,065 |
Open | 15.00 |
Previous Close | 14.92 |
Day's Range | 14.95 - 15.15 |
52-Week Range | 10.78 - 15.15 |
Beta | 1.51 |
Analysts | Buy |
Price Target | 14.82 (-1.46%) |
Earnings Date | Apr 30, 2024 |
About MFIC
MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is a 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... [Read more]
Financial Performance
In 2023, MFIC's revenue was $276.52 million, an increase of 29.73% compared to the previous year's $213.16 million. Earnings were $118.76 million, an increase of 44.19%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for MFIC stock is "Buy." The 12-month stock price forecast is $14.82, which is a decrease of -1.46% from the latest price.
News
MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2023
Results for the Quarter and Fiscal Year Ended December 31, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.46, compared to $0.43 for the quarter ended Septembe...
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter and Fiscal Year Ended December 31, 2023
NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter and fiscal year ended Dec...
KBRA Assigns Rating to MidCap Financial Investment Corporation's $75 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a BBB- rating to MidCap Financial Investment's ("MFIC" or "the company") $75 million 8.0% senior unsecured notes due December 15, 2028. Th...
MidCap Financial Investment Corporation Prices Public Offering of $75.0 Million 8.00% Unsecured Notes Due 2028
NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) today announced that it priced an underwritten public offering of $75.0 million in ag...
MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended September 30, 2023 and Announces Merger Agreements with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.
Results for the Quarter Ended September 30, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.43, compared to $0.44 for the quarter ended June 30, 2023 Net asset...
MidCap Financial Investment Corporation Announces Merger Agreements with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.
Transaction Provides Financial and Strategic Benefits to All Shareholders Creates a Larger, More Scaled BDC Focused on Middle Market Direct Lending Combined Company Will Have Approximately $3.4 Billio...
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended September 30, 2023
NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended September 30, 2023,...
MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2023
Results for the Quarter Ended June 30, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.45 for the quarter ended March 31, 2023 Net asset val...
MidCap Financial Investment Corporation Reschedules Earnings Conference Call for Quarter Ended June 30, 2023
NEW YORK, July 10, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it has rescheduled its earnings conference call to Wednesday Aug...
KBRA Affirms Ratings for MidCap Financial Investment Corporation
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the BBB- issuer and senior unsecured ratings for MidCap Financial Investment Corporation (NASDAQ: MFIC or “the company”). The ratings Outlook is Stable....
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended June 30, 2023
NEW YORK, June 27, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended June 30, 2023, afte...
MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2023
Results for the Quarter Ended March 31, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.45 compared to $0.43 for the quarter ended December 31, 2022 Net asset ...
MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility
NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it has amended and extended its senior secured, multi-currency,...
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended March 31, 2023
NEW YORK, April 04, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended March 31, 2023, af...
MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2022, and Increases Quarterly Base Dividend to $0.38 Per Share
Results for the Quarter Ended December 31, 2022 and Other Recent Highlights:
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter and Fiscal Year Ended December 31, 2022
NEW YORK, Jan. 09, 2023 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter and fiscal year ended Dec...
MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended September 30, 2022, and Increases Quarterly Base Dividend to $0.37 Per Share
Fiscal Second Quarter and Other Recent Highlights:
MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended September 30, 2022
NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended September 30, 2022,...