Midwest Holding Inc. (MDWT)
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]
Financial Performance
Financial StatementsAnalyst 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.
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.

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...

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...

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.

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...

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...

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...

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.

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.

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...

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?

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.

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...

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?

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.

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...

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...

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.

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...

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.

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...

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...

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...

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...

Midwest Holding Announces CEO and Board Chair Changes
LINCOLN, Neb., Nov. 22, 2021 /PRNewswire/ -- Midwest Holding Inc ("Midwest") (NASDAQ: MDWT) today announced that A.