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MFIC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
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Intellectia

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High
11.230
Open
11.060
VWAP
11.17
Vol
218.09K
Mkt Cap
1.01B
Low
11.060
Amount
2.44M
EV/EBITDA(TTM)
14.99
Total Shares
92.21M
EV
2.90B
EV/OCF(TTM)
--
P/S(TTM)
4.14
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.
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Events Timeline

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News

Barron's
9.5
02-27Barron's
Feeling Tired or Headachy? You Might Be Doomscrolling BDC News
  • Earnings Reports: Many business development companies reported their earnings over the past week.
  • Investor Sentiment: The earnings reports did not provide any positive news for investors.
seekingalpha
9.5
02-27seekingalpha
MidCap Financial Investment Corporation Q4 2025 Earnings Call Insights
  • Net Investment Income: For Q4 2025, MFIC reported net investment income per share of $0.39, while GAAP net loss per share was $0.14, primarily due to one-time financing costs of $0.04, indicating challenges in profitability that may affect investor confidence.
  • Stock Repurchase Plan: The company announced the repurchase of approximately 1.1 million shares at an 18% discount, costing $12.9 million, and plans to initiate a new $100 million stock repurchase program, aiming to capitalize on current market opportunities and enhance shareholder value, reflecting management's confidence in future stock performance.
  • Dividend Adjustment: The Board reduced the quarterly dividend from $0.38 to $0.31, reflecting a reassessment of the company's long-term earnings power, although management indicated confidence in maintaining this dividend level, showcasing cautious optimism regarding future cash flows.
  • Portfolio Diversification: The company achieved $141 million in new commitments across 247 companies and 46 industries, with an average spread of 497 basis points, and direct origination representing 96% of the portfolio, indicating a strategic focus on risk management and revenue diversification.
Benzinga
8.0
02-27Benzinga
Apollo Global's MidCap Financial Cuts Dividend Amid Loan Challenges
  • Dividend Reduction: MidCap Financial has cut its quarterly dividend from $0.38 to $0.31 per share, reflecting challenges in certain segments of its loan portfolio, which is expected to negatively impact investor confidence.
  • Asset Value Reevaluation: The company reported a roughly 3% markdown in its asset base, primarily due to underperforming legacy loans and a shifting interest rate environment, indicating market concerns about its asset quality.
  • Stock Repurchase Plan: MidCap Financial's Board has authorized a new $100 million stock repurchase plan aimed at enhancing earnings per share by reducing the float, despite current pressures from declining stock prices.
  • Market Reaction: MidCap Financial's stock fell 8.5% on Friday and is down 14.5% for the month, while Apollo's stock has dropped 20% this month, marking its worst performance since 2011, reflecting investor concerns about future prospects.
NASDAQ.COM
2.0
02-27NASDAQ.COM
MidCap Financial (MFIC) Earnings Call Transcript
seekingalpha
8.0
02-27seekingalpha
MidCap Financial Cuts Dividend Amid Investment Losses
  • Quarterly Investment Losses: MidCap Financial reported $45.3 million in investment losses for Q4 2025, a significant increase from $7.9 million in the previous quarter, indicating a notable weakening in the software companies it lends to, resulting in a net asset decrease of -$12.7 million, reflecting pressures in the market environment.
  • Dividend Reduction: In light of a reassessment of long-term earnings power, MidCap has decided to cut its quarterly dividend by 18% to $0.31 per share, a move aimed at addressing changes in base rates and other factors, demonstrating the company's cautious approach in uncertain market conditions.
  • Stock Buyback Plan: MidCap announced a plan to repurchase up to $100 million of its stock, with the CEO stating that in the current market conditions, stock buybacks are seen as more accretive than new investments, expecting a NAV increase of approximately three cents per share, aimed at enhancing shareholder value.
  • Software Investment Risks: Although MidCap's exposure to software investments stands at 11.4% of its portfolio, management emphasized that this risk is relatively low, highlighting that the company has constructed a resilient portfolio focused on businesses with entrenched customer relationships to mitigate AI-related risks.
seekingalpha
8.0
02-27seekingalpha
MidCap Financial Investment Declares 18.4% Dividend Cut to $0.31
  • Quarterly Dividend Cut: MidCap Financial Investment has declared a quarterly dividend of $0.31 per share, representing an 18.4% decrease from the previous dividend of $0.38, indicating financial pressure in the current economic climate that may affect investor confidence.
  • Yield Analysis: Following this dividend cut, the forward yield stands at 11.78%, which, while still attractive, may prompt investors to reassess their investment strategies, potentially impacting the stock's performance.
  • Payment Schedule: The new dividend will be payable on March 26, with a record date of March 10 and an ex-dividend date also set for March 10, which may influence short-term shareholder investment decisions.
  • Market Reaction Expectations: With the reduction in dividends, the market may harbor doubts about MidCap Financial Investment's future growth potential, especially in discussions regarding BDC prospects for 2026, necessitating close attention to how the company navigates challenges to maintain competitiveness.
Wall Street analysts forecast MFIC stock price to rise
7 Analyst Rating
Wall Street analysts forecast MFIC stock price to rise
1 Buy
5 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
11.00
Averages
12.13
High
13.00
Current: 0.000
sliders
Low
11.00
Averages
12.13
High
13.00
JPMorgan
Melissa Wedel
Neutral
downgrade
$10
AI Analysis
2026-03-13
Reason
JPMorgan
Melissa Wedel
Price Target
$10
AI Analysis
2026-03-13
downgrade
Neutral
Reason
JPMorgan analyst Melissa Wedel lowered the firm's price target on MidCap Financial to $10 from $11.50 and keeps a Neutral rating on the shares. The firm reduced targets in the business development company space to reflect lower multiples and "higher scrutiny."
Keefe Bruyette
Paul Johnson
Market Perform
downgrade
$13
2026-03-10
Reason
Keefe Bruyette
Paul Johnson
Price Target
$13
2026-03-10
downgrade
Market Perform
Reason
Keefe Bruyette analyst Paul Johnson lowered the firm's price target on MidCap Financial to $11.50 from $13 and keeps a Market Perform rating on the shares. MidCap Financial had a "tough" quarter due to some credit deterioration, the analyst tells investors in a research note.
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Valuation Metrics

The current forward P/E ratio for MidCap Financial Investment Corp (MFIC.O) is 6.75, compared to its 5-year average forward P/E of 8.34. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.34
Current PE
6.75
Overvalued PE
9.47
Undervalued PE
7.20

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.72
Current PS
3.52
Overvalued PS
4.33
Undervalued PS
3.10

Financials

AI Analysis
Annual
Quarterly

Whales Holding MFIC

A
Apollo Global Management, Inc.
Holding
MFIC
-8.41%
3M Return
A
Ares Management LLC
Holding
MFIC
-19.21%
3M Return

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Frequently Asked Questions

What is MidCap Financial Investment Corp (MFIC) stock price today?

The current price of MFIC is 11.23 USD — it has increased 3.03

What is MidCap Financial Investment Corp (MFIC)'s business?

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.

What is the price predicton of MFIC Stock?

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 is12.13 USD with a low forecast of 11.00 USD and a high forecast of 13.00 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.

What is MidCap Financial Investment Corp (MFIC)'s revenue for the last quarter?

MidCap Financial Investment Corp revenue for the last quarter amounts to 33.02M USD, decreased -52.24

What is MidCap Financial Investment Corp (MFIC)'s earnings per share (EPS) for the last quarter?

MidCap Financial Investment Corp. EPS for the last quarter amounts to -0.14 USD, decreased -153.85

How many employees does MidCap Financial Investment Corp (MFIC). have?

MidCap Financial Investment Corp (MFIC) has 0 emplpoyees as of March 26 2026.

What is MidCap Financial Investment Corp (MFIC) market cap?

Today MFIC has the market capitalization of 1.01B USD.