Midwest Holding Inc. (MDWT)

NASDAQ: MDWT · IEX Real-Time Price · USD
16.10
-0.46 (-2.77%)
At close: Mar 28, 2023, 4:00 PM
16.19
+0.09 (0.56%)
After-hours: Mar 28, 2023, 4:00 PM EDT
-2.77%
Market Cap 60.02M
Revenue (ttm) 30.05M
Net Income (ttm) 7.14M
Shares Out 3.73M
EPS (ttm) 1.88
PE Ratio 8.56
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,266
Open 13.51
Previous Close 16.56
Day's Range 13.51 - 16.58
52-Week Range 8.85 - 19.98
Beta 0.00
Analysts Sell
Price Target 14.28 (-11.3%)
Earnings Date May 15, 2023

About MDWT

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and other services, including policy administration services. The company was incorporated in 2003 and is based in Lincoln, Nebraska. [Read more]

Sector Financials
IPO Date Dec 17, 2020
Employees 64
Stock Exchange NASDAQ
Ticker Symbol MDWT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MDWT stock is "Sell." The 12-month stock price forecast is $14.28, which is a decrease of -11.30% from the latest price.

Price Target
$14.28
(-11.30% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Midwest Holding Inc. Reports Fourth Quarter and Full-Year 2022 Results

LINCOLN, Neb. , March 27, 2023 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the fourth quarter and full year ended December 31, 2022.

1 day ago - PRNewsWire

Midwest Holding Schedules Conference Call to Review Results for Fourth Quarter and Full Year of 2022

LINCOLN, Neb. , March 6, 2023 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss its financial and operating results for the fou...

3 weeks ago - PRNewsWire

Should Value Investors Buy Midwest Holding (MDWT) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

3 months ago - Zacks Investment Research

2 Missed Growth Opportunities as the Fed Raises Rates by Half a Point

As the market bloodbath continues, it's time to step back a bit to take advantage of falling prices.

Other symbols: CXM
3 months ago - Zacks Investment Research

Are Investors Undervaluing Midwest Holding (MDWT) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

3 months ago - Zacks Investment Research

Is Midwest Holding (MDWT) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

4 months ago - Zacks Investment Research

Midwest Holding Inc. (MDWT) Surpasses Q3 Earnings and Revenue Estimates

Midwest Holding Inc. (MDWT) delivered earnings and revenue surprises of 844.44% and 52.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the sto...

4 months ago - Zacks Investment Research

Midwest Holding Inc. Reports Third Quarter 2022 Results

LINCOLN, Neb. , Nov.14, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the third quarter of 2022.

4 months ago - PRNewsWire

Earnings Preview: Midwest Holding Inc. (MDWT) Q3 Earnings Expected to Decline

Midwest Holding Inc. (MDWT) 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.

5 months ago - Zacks Investment Research

Midwest Holding Schedules Conference Call to Review Results from Third Quarter of 2022

LINCOLN, Neb. , Oct. 20, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss its financial and operating results for the thi...

5 months ago - PRNewsWire

Midwest Holding Inc. (MDWT) Q2 Earnings and Revenues Top Estimates

Midwest Holding Inc. (MDWT) delivered earnings and revenue surprises of 262.50% and 41.04%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Midwest Holding Inc. Reports Second Quarter 2022 Results

LINCOLN, Neb. , Aug. 15, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the second quarter of 2022.

8 months ago - PRNewsWire

Midwest Holding Schedules Conference Call to Review Results from Second Quarter of 2022

LINCOLN, Neb. , Aug. 4, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss its financial and operating results for the seco...

8 months ago - PRNewsWire

Midwest Holding Inc. (MDWT) Reports Q1 Loss, Tops Revenue Estimates

Midwest Holding Inc. (MDWT) delivered earnings and revenue surprises of -103.85% and 11.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Midwest Holding Inc. Reports First Quarter 2022 Results

LINCOLN, Neb. , May 16, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the first quarter of 2022.

11 months ago - PRNewsWire

Midwest Holding Schedules Conference Call to Discuss First Quarter 2022 Results

LINCOLN, Neb. , May 5, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss financial and operating results for the first qua...

11 months ago - PRNewsWire

Midwest Holding to Nominate Kevin Sheehan to Board of Directors at 2022 Annual Meeting

Enters into Cooperation Agreement with AMS Advisors LLC LINCOLN, Neb. , April 12, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced that it has entered into a coope...

1 year ago - PRNewsWire

Midwest Holding Announces Eric N. Berg as Chief Financial Officer

LINCOLN, Neb. , March 25, 2022 /PRNewswire/ -- Midwest Holding Inc.  (Midwest, NASDAQ: MDWT), a technology-driven life and annuity platform, announced that it has appointed Eric N.

1 year ago - PRNewsWire

Midwest Holding Inc. (MDWT) Reports Q4 Loss, Misses Revenue Estimates

Midwest Holding Inc. (MDWT) delivered earnings and revenue surprises of -219.28% and 54.79%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the sto...

1 year ago - Zacks Investment Research

Midwest Holding Inc. Reports Fourth Quarter 2021 and Full-Year 2021 Results

LINCOLN, Neb. , March 24, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), today announced financial results for the fourth quarter and full year ended December 31, 2021.

1 year ago - PRNewsWire

Midwest Holding Schedules Conference Call to Discuss Fourth Quarter 2021 and Full Year 2021 Results

LINCOLN, Neb. , March 16, 2022 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT) today announced plans to host a conference call to discuss financial and operating results for the fourth...

1 year ago - PRNewsWire

Midwest Holding Announces Inclusion of the Goldman Sachs Xenith Index to its Fixed Index Annuity Policy Holders

LINCOLN, Neb., Jan. 12, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-enabled, services-oriented annuity platform, announced today that its subsidiary American Life & Security...

1 year ago - PRNewsWire

Midwest Holding Announces Strategic Asset Management Initiative with ORIX Corporation USA

LINCOLN, Neb., Jan. 10, 2022 /PRNewswire/ -- Midwest Holding Inc. (Midwest, NASDAQ: MDWT), a technology-driven life and annuity platform, announced the closing of a majority ownership sale of a consol...

1 year ago - PRNewsWire

Midwest Holding Announces Launch of S&P 500 ESG Index for the Fixed Annuity Space

LINCOLN, Neb., Jan. 5, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-driven, life and annuity platform, today announced that its subsidiary American Life & Security Corp has l...

1 year ago - PRNewsWire

Midwest Holding Announces CEO and Board Chair Changes

LINCOLN, Neb., Nov. 22, 2021 /PRNewswire/ -- Midwest Holding Inc ("Midwest") (NASDAQ: MDWT) today announced that A.

1 year ago - PRNewsWire