MFIC

MidCap Financial Investment Corp

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Advanced Chart

12.290

+0.19(1.570%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

12.295

Open

12.130

VWAP

12.21

Vol

297.49K

Mkt Cap

1.15B

Low

12.095

Amount

3.63M

EV/EBITDA(TTM)

13.83

Total Shares

65.25M

3.11B

EV/OCF(TTM)

P/S(TTM)

4.01

MidCap Financial Investment Corporation is a closed-end, externally managed, diversified management investment company. The Company’s investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. The Company primarily invests in directly originated and privately negotiated first lien senior secured loans to privately held the United States middle-market companies, which the Company generally defines as companies with less than $75 million in earnings before interest, taxes, depreciation and amortization, as may be adjusted for market disruptions, mergers and acquisitions-related charges and synergies, and other items. To a lesser extent, the Company may also invest in other types of securities including, first lien unitranche, second lien senior secured, unsecured, subordinated, and mezzanine loans, and equities in both private and public middle market companies. Its investment adviser is Apollo Investment Management, L.P.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2024Q4

86.28M

+19.91%

0.401

-12.86%

Estimates Revision

The market is revising No Change the revenue expectations for MidCap Financial Investment Corporation (MFIC) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 0.08%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+0.08%

In Past 3 Month

4 Analyst Rating

Wall Street analysts forecast MFIC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MFIC is 13.75 USD with a low forecast of 13.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

2 Hold

0 Sell

Moderate Buy

Current: 12.290

Low

13.00

Averages

13.75

High

15.00

Current: 12.290

Low

13.00

Averages

13.75

High

15.00

Keefe Bruyette

Paul Johnson

Outperform -> Market Perform

downgrade

$14

2025-07-23

Reason

Keefe Bruyette

Paul Johnson

Price Target

$14

2025-07-23

downgrade

Outperform -> Market Perform

Reason

Keefe Bruyette analyst Paul Johnson downgraded MidCap Financial to Market Perform from Outperform with a price target of $14, down from $14.50. Keefe expects a stable quarter for business development company earnings results, with fewer headwinds from rates and spreads, and activity slowed, but exited the quarter at a good pace and could set up a stronger second half, the analyst tells investors in a research note.

Keefe Bruyette

Outperform -> Market Perform

downgrade

$14

2025-07-22

Reason

Keefe Bruyette

Price Target

$14

2025-07-22

downgrade

Outperform -> Market Perform

Reason

Keefe Bruyette downgraded MidCap Financial to Market Perform from Outperform with a price target of $14, down from $14.50.

BofA

Derek Hewett

Underperform

downgrade

$13

2025-06-01

Reason

BofA

Derek Hewett

Price Target

$13

2025-06-01

downgrade

Underperform

Reason

BofA analyst Derek Hewett lowered the firm's price target on MidCap Financial to $13 from $13.25 and keeps an Underperform rating on the shares. The Q1 results for the business development companies were "somewhat disappointing," with profitability weaker than expected as lower rates and spreads, tariff-related macro uncertainty, and normalizing credit weighted on reports, the analyst tells investors in a research note. However, there was only as small uptick in non-accruals to 2.9%, which remain well below the industry longer-term average, adds BofA. It remains positive on the sector.

RBC Capital

Sector Perform

downgrade

$14 -> $13

2025-05-16

Reason

RBC Capital

Price Target

$14 -> $13

2025-05-16

downgrade

Sector Perform

Reason

RBC Capital lowered the firm's price target on MidCap Financial to $13 from $14 and keeps a Sector Perform rating on the shares. The firm is updating its model after the company's Q1 results, including its asset yield and funding costs based on an updated rate outlook, the analyst tells investors in a research note.

Keefe, Bruyette & Woods

Paul Johnson

Buy

Maintains

$15 → $15

2025-04-08

Reason

Keefe, Bruyette & Woods

Paul Johnson

Price Target

$15 → $15

2025-04-08

Maintains

Buy

Reason

Keefe Bruyette analyst Paul Johnson lowered the firm's price target on MidCap Financial to $14.50 from $15 and keeps an Outperform rating on the shares.

Wells Fargo

Finian O'Shea

Buy

Maintains

$15 → $14

2025-02-27

Reason

Wells Fargo

Finian O'Shea

Price Target

$15 → $14

2025-02-27

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for MidCap Financial Investment Corp (MFIC.O) is 7.13, compared to its 5-year average forward P/E of 8.29. For a more detailed relative valuation and DCF analysis to assess MidCap Financial Investment Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

8.29

Current PE

7.13

Overvalued PE

9.50

Undervalued PE

7.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.69

Current PS

3.72

Overvalued PS

4.33

Undervalued PS

3.05