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MidCap Financial Investment Corporation (MFIC)

15.25 -0.01 (-0.07%)
At close: April 24 at 4:00 PM EDT
15.25 0.00 (0.00%)
After hours: April 24 at 4:00 PM EDT
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DELL
  • Previous Close 15.26
  • Open 15.25
  • Bid 15.22 x 100
  • Ask 15.28 x 200
  • Day's Range 15.18 - 15.34
  • 52 Week Range 10.78 - 15.38
  • Volume 155,902
  • Avg. Volume 254,566
  • Market Cap (intraday) 995.766M
  • Beta (5Y Monthly) 1.51
  • PE Ratio (TTM) 8.38
  • EPS (TTM) 1.82
  • Earnings Date May 7, 2024
  • Forward Dividend & Yield 1.52 (9.97%)
  • Ex-Dividend Date Mar 11, 2024
  • 1y Target Est 15.14

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments. It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations (“CLOs”) and credit-linked notes (“CLNs”). The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy – oil & gas, electricity and utilities. The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media – diversified & production, printing and publishing, retail, automation, aviation and consumer transport, transportation, cargo and distribution. It primarily invests in United States. It primarily invests between $20 million and $250 million in its portfolio companies and EBITDA with less than $75 million. The fund seeks to make investments with stated maturities of five to 10 years.

www.midcapfinancialic.com

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Full Time Employees

December 31

Fiscal Year Ends

Recent News: MFIC

Q4 2023 MidCap Financial Investment Corp Earnings Call

Performance Overview: MFIC

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MFIC
14.41%
S&P 500
6.33%

1-Year Return

MFIC
50.47%
S&P 500
22.70%

3-Year Return

MFIC
50.62%
S&P 500
21.33%

5-Year Return

MFIC
81.48%
S&P 500
72.88%

Compare To: MFIC

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Statistics: MFIC

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    995.76M

  • Enterprise Value

    --

  • Trailing P/E

    8.38

  • Forward P/E

    9.60

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    7.49

  • Price/Book (mrq)

    0.99

  • Enterprise Value/Revenue

    14.31

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    42.95%

  • Return on Assets (ttm)

    5.48%

  • Return on Equity (ttm)

    11.91%

  • Revenue (ttm)

    276.52M

  • Net Income Avi to Common (ttm)

    118.76M

  • Diluted EPS (ttm)

    1.82

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    122.13M

  • Total Debt/Equity (mrq)

    145.45%

  • Levered Free Cash Flow (ttm)

    59M

Research Analysis: MFIC

Analyst Price Targets

14.00 Low
15.14 Average
15.25 Current
16.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MFIC

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