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Midwest Holding, Inc. (MDWT)

Stock Price: $56.70 USD -13.30 (-19.00%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
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

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PR Newswire - 4 weeks ago

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...

PRNewswire - 1 month ago

Midwest Holding Inc. (Midwest "the Company") today announced it has filed a registration statement on Form S-1 with the U.S. Securities and...

TheStreet - 2 months ago

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.

NASDAQ - 2 months ago

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...

SEC - 2 months ago

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
Full Company Profile

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.

Financial Statements