Midwest Holding, Inc. (MDWT)
Market Cap | 211.92M |
Revenue (ttm) | 12.76M |
Net Income (ttm) | 1.73M |
Shares Out | 3.74M |
EPS (ttm) | 0.46 |
PE Ratio | 122.57 |
Forward PE | n/a |
Dividend | n/a |
Dividend Yield | n/a |
Trading Day | January 15 |
Last Price | $56.70 |
Previous Close | $70.00 |
Change ($) | -13.30 |
Change (%) | -19.00% |
Day's Open | 56.05 |
Day's Range | 55.50 - 70.00 |
Day's Volume | 6,725 |
52-Week Range | 53.65 - 70.00 |
News
Midwest Holding Inc. ("Midwest") (NASDAQ: "MDWT") today announced the closing of its previously announced underwritten public offering of 1,000,000 shares of its voting common stock at a price...
Midwest Holding Inc. (Midwest "the Company") today announced it has filed a registration statement on Form S-1 with the U.S. Securities and...
Lincoln, Nebraska-based Midwest was founded to provide annuity products through independent marketing organizations [IMOs] that in turn offer such products to independent insurance agents.
Midwest Holding, which underwrites and markets life insurance products in the US, filed on Tuesday with the SEC to raise up to $50 million in a public offering on the Nasdaq. The company is cu...
Midwest Holding, Inc. has filed to go public with an IPO on the NASDAQ.
About MDWT
Midwest Holding is a rapidly-growing financial services company focused on providing technology-enabled and services-oriented solutions to distributors and reinsurers of annuity and life insurance products in the United States. We utilize our technology platform and insurance company capabilities supported by reinsurance to develop and distribute what we believe to be competitive insurance products through third-party independent marketing organizations (“IMOs”). We seek to provide cost-effective and efficient policy administration services... [Read more...]
Industry Insurance-Life | IPO Date Dec 17, 2020 |
CEO A. Michael Salem | Employees 24 |
Stock Exchange NASDAQ | Ticker Symbol MDWT |
Financial Performance
In 2019, MDWT's revenue was $3.40 million, an increase of 288.19% compared to the previous year's $875,812. Losses were -$5.73 million, 13.2% more than in 2018.